Zephyr's Adjusted for Risk: Evolving Energy - The Future of Investment in AI and Electricity

Published on September 23, 2025

Tortoise Capital's Rob Thummel explains why the energy sector remains underappreciated despite its immense importance and diverse investment opportunities, from energy infrastructure to data centers supporting AI.

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Richmond Fed Manufacturing Activity Softened Further in September

September 23, 2025
Fifth district manufacturing activity softened further in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell 10 points to -17, remaining in negative territory for a seventh straight month. This month's reading was below the forecast of -5.

Wall Street Strategists Chase S&P 500 Like Few Times in History

September 23, 2025
Sell-side strategists, who have rushed to upgrade their stock targets ever since the market rebounded from its early-year slide, keep underestimating the rally’s strength.