GE

General Electric Company

Energy

How to Profit from America's Paris Agreement Exit

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The June 1, 2017, announcement that the U.S. government intends to withdraw from the 2015 Paris Climate Agreement barely budged energy stocks, coming as it did after five months of dismantling environmental regulation.

Outside the markets, however, the announcement was greeted with a firestorm of international media coverage, condemnation and support, and cheering and hand-wringing from every corner.

Now, the withdrawal may not have much immediate effect. As I said, the markets took it in stride, and it will take at least four years – longer than Trump has left in his first term of office – for the United States to exit the agreement.

But this reshuffling of priorities does mean that America is giving up a leadership position in the absolute fastest-growing, most potentially lucrative segments of the energy sector…

I mean wind and solar, of course.

The new realities will prove a huge boost for two overseas energy companies that you can buy right here at home...

Dow Jones

Dow Jones News Today: Stocks Rise After Trump Pitches New Budget Measures

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The Dow Jones news today focuses on rising stock prices this morning after the Trump administration proposed a plan to sell roughly half of the U.S. strategic oil reserves as part of its latest budget proposal.

Trump's new budget proposal aims to balance the budget within a decade by cutting Medicaid payments, student loan payments, and agricultural subsidies.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...