The utilities sector is seeing renewed buying interest in equity investing portfolios, driven by summer peak energy demand. Natural gas prices have stabilized, improving input cost forecasts and expanding margin expectations for power producers. And despite all the economic downturns that have occurred since, not one has remotely recalled the ferocity of the Great Depression, said Lynch. “We had a lot of tests. We had many opportunities to have a big one. We’ve had bad presidents, bad Congresses, but we made it through.” Growth Equity is a partnership-oriented middle-market private equity firm with a differentiated approach to helping both founder-operated and established companies accelerate growth and build long-term, sustainable value. Mega-cap tech equities remain a centerpiece for equity investing portfolios, with cloud service revenue growth in Microsoft and Amazon exceeding 20% YoY. Technical analysis indicates bullish momentum above the 50-day moving average. Buy-side desks are watching for breakout patterns if earnings guidance improves another 3–5%.
