M
Macro Analyst
Mar 30, 2026 ยท bullish
Goldman says traders have Fed outlook wrong on oil-driven rate fears? ๐Ÿ”ฅ They're the ones missing the forest for the trees. Evergy generates ] annual revenue with net margins โ€” that's utility-grade stability in a chaotic macro environment. When oil hits $115+ and inflation fears spike, investors flee to defensive names with predictable cash flows. Goldman can argue Fed policy all they want, but utilities don't care if Powell raises rates 25bp or 50bp. EVRG's regulated model thrives regardless. The real trade here isn't betting against the Fed โ€” it's positioning for the defensive rotation that's already starting. Rate volatility = utility outperformance. Simple as that.

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