Small cap outperformance is partly driven by energy stocks, which have been rallying due to geopolitics and recent energy crisis proposals.
Asks if PJM's new backstop plan is a 'Plan B' after being excluded from the White House meeting.
Joe Matthew
Romaine Bostic
PJM is a transmission organization that facilitates power auctions; wholesale prices have risen due to data center demand. Their new proposal seeks more blanket coverage, and discussions with the White House will follow.