SL Advisors Talks Markets
Simon Lack and Henry Hoffman of SL Advisors consider inflation risks to investors and how to respond.
- Update frequency
- every 3 days
- Average duration
- 5 minutes
- Episodes
- 142
- Years Active
- 2024 - 2025
Tariffs And Mismanaging The Economy
A new administration took office determined to change the economy’s direction with overhauled policies. The leader and key advisers huddled, drawing up their plans in relative secrecy. Once ready, th…
00:04:58 |
Sun 06 Apr 2025
Screwed By Tariffs
Americans did vote for tariffs when we elected Donald Trump. Many perhaps thought they’d be implemented with a clearer strategic purpose. I had hoped we’d use them to open up foreign markets such as …
00:04:58 |
Wed 02 Apr 2025
ARK’s Cathie Wood: Getting Rich While Losing Money
Which is a more important measure of an investment manager’s skill – the return on the first dollar invested at inception, or the return on the average dollar? Return since inception is widely used b…
00:05:02 |
Sun 30 Mar 2025
Energy Wants To Invest In America
$1.4TN is a huge sum by any standard. It’s more than Spain’s entire stock market capitalization and just behind Switzerland’s. It’s more than Indonesia’s GDP and not far below South Korea’s. This is …
00:05:18 |
Wed 26 Mar 2025
Greenpeace Picks The Wrong Fight
In recent years climate extremists have become adept at weaponizing the legal system in pursuit of their dystopian aims. The Mountain Valley Pipeline (MVP), which was built to move natural gas from W…
00:05:13 |
Sun 23 Mar 2025
Unloved Tariffs
There are few parts of America redder than Naples, FL. Kamala Harris signs were nowhere to be seen last year. Florida has shifted from purple to red in recent years. A friend once received hostile c…
00:05:29 |
Wed 19 Mar 2025
Discussing Energy In The Caribbean
I spent a few days last week at the Catalyst Funds National Sales Conference in Puerto Rico. Catalyst is our mutual fund partner. It is about ten degrees warmer than Naples, FL where we’ve spent most…
00:04:54 |
Sun 16 Mar 2025
Natural Gas Is The Future Fuel
On Monday the market dipped back below its pre-election level. The proximate cause was Trump’s ambiguous response when asked if there will be a recession. He has warned that the tariffs will likely c…
00:05:16 |
Wed 12 Mar 2025
Midstream Is About Volumes
Midstream companies are generally unaffected by the current round of daily tariff updates. Their stock prices may gyrate with the rest of the market, but nobody is revising guidance. It’s worth remem…
00:05:11 |
Sun 09 Mar 2025
Why The Navy Can’t Help With Nuclear
Last week I gave a lunchtime presentation to a local investment club organized by Elliot Miller, a friend and long-time investor in midstream energy. Afterwards one of the participants came up to me …
00:05:07 |
Wed 05 Mar 2025
What Energy Transition?
Daniel Yergin is right to call it the Energy Addition. In an essay in Foreign Affairs called The Troubled Energy Transition, he notes that since 1990 hydrocarbons have dropped from 85% of primary ene…
00:04:53 |
Sun 02 Mar 2025
The Receding Energy Crisis
Suppose for a moment that the Sierra Club was a political party, with candidates running and elected officials in government. They might look like Germany’s Green Party, which has drawn support from …
00:05:14 |
Wed 26 Feb 2025
Is Capex Back?
It seems a lifetime ago, but in the latter stages of the capital bust that was the shale revolution, capex plans were often poorly received. In late 2018 Targa Resources (TRGP) drew the ire of invest…
00:05:42 |
Sun 23 Feb 2025
Will Europe Feed The Crocodile?
Among Winston Churchill’s many memorable quotes is, “An appeaser is one who feeds a crocodile, hoping it will eat him last.” This applies to some European countries’ posture towards Russia. The Econo…
00:05:30 |
Wed 19 Feb 2025
Gas Projections Keep Going Up
On Thursday morning Williams Companies released their earnings without the rumored announcement of a Behind The Meter (BTM) deal. The stock briefly dipped as algos reacted to the news release but was…
00:05:27 |
Sun 16 Feb 2025
AI Demand Ramps Up
On Monday Energy Transfer announced the first Behind The Meter (BTM) agreement of the AI era. They’ll provide up to 450 Million Cubic Feet per Day of natural gas to a data center being built by Cloud…
00:05:42 |
Wed 12 Feb 2025
Hyperscalers Plow Ahead
On Friday both the Wall Street Journal and the Financial Times ran stories about planned capex on data centers by the big US tech companies. The DeepSeek news of two weeks ago hasn’t resulted in any …
00:05:00 |
Sun 09 Feb 2025
Bond Buyers And Tariffs
Although the US is energy independent and a net exporter of petroleum products, we still import certain blends of crude. Canadian tar sands oil is the heavy type for which American refineries are con…
00:04:58 |
Wed 05 Feb 2025
Cheaper AI Probably Means More
Following Monday’s “sputnik moment” for AI the market has had a few days to consider the ramifications of DeepSeek’s apparent breakthrough. Mark Zuckerberg reaffirmed Meta’s plans to spend $60-65BN o…
00:05:23 |
Sun 02 Feb 2025
Pipelines And The Jevons Paradox
Venture capitalist Marc Andreessen called it, ”AI’s sputnik moment.” The news that Chinese start-up Deepseek may have leapt ahead of the US in AI caused an unpleasant start to the week. In 1957 Sputn…
00:05:49 |
Wed 29 Jan 2025
Disclaimer: The podcast and artwork embedded on this page are the property of SL Advisors, LLC. This content is not affiliated with or endorsed by eachpod.com.