MLPs gain in July, earnings season begins, and record energy exports bolster growth.
We think FERC's update to previous policy orders are positive for the asset class.
Additional tariffs could destabilize markets and promote inflation and slower growth.
Investors may need to prepare for a return to higher – and more historically normal – levels of market volatility.
We believe the energy sector is broadly healthy and poised for increased investment.
MLP sector fundamentals appear to be firming based on a combination of factors.
Our view on the impact of the changes on master limited partnerships.
Over long-term periods, MLPs have not meaningfully correlated with interest-rate moves.
Industry fundamentals indicate improving growth potential for the U.S. energy sector.