Analysis
Data Centers Now Drive 40% Of PJM's Record Capacity Costs
The grid operator's latest auctions show artificial-intelligence buildout reshaping how much households and businesses pay for electricity, with utilities…
Author
Gordon Fielding
Gordon Fielding has strong opinions about football and the good manners to show his working. He breaks down formations and pressing patterns weekly, covers club finances, grades supplements by dose and effect size, and traces commodity developments through supply chains to the margins they finally reach.
Articles by Gordon Fielding
Analysis
Why Does Treasury Market Liquidity Keep Regulators Awake at Night?
The world's benchmark market now trades like a crowded corridor, and three episodes since 2019 explain the supervision schedule that followed.
Analysis
Are Airline Loyalty Programs Worth More Than the Airlines Themselves?
The miles liabilities on carrier balance sheets run into the tens of billions, and the co-brand card economics underneath them explain why.
Analysis
Why Consumer Staples Margins Keep Surviving Inflation Cycles
Packaged-food and household brands passed through the 2021–2023 cost shock with margins intact, and the filings show the machinery that did it.
Analysis
When Is a High Dividend Yield a Warning Instead of Income?
A yield that towers over the market usually prices a problem, and the payout ratio plus cash flow statement usually name it.