New Year, Same Energy Playbook?

The first trading day of 2023 is in the books and boy was it eventful. As warmer-than-average temperatures hold up across the globe, natural gas prices are falling off a cliff. At the time of this writing, natural gas futures are down 11.8%. Oil is down meaningfully as well. Meanwhile, U.S. stocks gave up early morning gains, with Apple and Tesla leading to the downside. On today’s show, Tony and Andreas will discuss the macro dynamics that are driving this sell-off in energy and share how they’re playing the sector in the new year. Plus, they’ll discuss why Elon Musk has become a problem for the typical Tesla investor and take a look at what else you should keep an eye on in the months ahead.

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