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He was big in utilities, rubber & steel.
"There's not a lot of intentional evil in utilities.
But these entities have always invested in energy indirectly, by holding stakes in utilities, not directly.
That, together with a drop in utilities production, left industrial output unchanged in July.
"This is a good time to bottom-fish in utilities," he said.
Shares in utilities and the big integrated oil companies are good choices for their dividends.
But the chances of success for the biggest (and longest-running) takeover in utilities history suddenly look very small.
A spike in utilities partly offset a 6.0 percent decline in the production of motor vehicles and parts.
IF your grandmother played the market, she probably invested in utilities for safety and income, not capital gains.
My friends were paying €630 plus €276 in utilities, for a grand total of €906 a month.
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