More Than Meets the Eye
The Underlying Strength of the Aerospace & Defense Industry Near-Term Pullback Amid Record Backlogs, Demand, Secular, and Structural Drivers The aerospace and defense sector’s pullback in the third quarter has been driven largely by near-term political and sentiment factors. Specifically, uncertainty around the upcoming midterm elections and growing “peak defense” concerns that higher spending could […]
“Fabulous at Fifty” 2026 Gabelli Auto Symposium, Las Vegas
A Half Century of Insights at Our 50th Annual Automotive Symposium November 2-3, Encore at Wynn Presenting Companies/Agenda DAY 1: Monday, November 2nd DAY 2: Tuesday, November 3rd 11:00 AM Opening Remarks, Gabelli Auto Team 7:50 AM Opening Remarks, Gabelli Auto Team 11:20 Garrett Motion Inc. (GTX) 8:00 Strattec Security Corporation (STRT) 11:50 Sonic […]
U.S. Utilities Outlook
The Storm Before the Calm? Todays Headwinds–Tomorrows Tailwinds? EPS Growth Remains Strong Despite Higher Interest Rates US Utilities- Today’s Headwinds Could Become Tomorrow’s Tailwinds Utilities were hit hard in the third quarter, declining 13% versus a 2.0% gain for the S&P 500, leaving the S&P Utilities Index (SPSU) down 7.6% year-to-date. After rallying 12% […]
Gabelli 32nd Annual Aerospace & Defense Symposium
September 10, 2026 AEROSPACE & DEFENSE CONFERENCE HIGHLIGHTS What is the Gabelli A&D Conference? The Gabelli Aerospace and Defense Conference was held September 9-10 in New York City, bringing together asset managers, investors and industry leaders to examine the forces reshaping the aerospace and defense sectors. Around 115 people attended the September 9 “Defending Our […]
2026 Political Advertising Outlook
Overview U.S. political advertising is on track for another record in 2026. AdImpact projects the 2025-2026 election cycle will reach $11.6 billion across broadcast, cable, connected TV (‘CTV’), digital, radio, and satellite – the most expensive cycle of all time. This would be ~30% above the prior midterm record of $8.9 billion set in 2022 […]
September 2026: Nuclear Energy – Great Expectations, Long Lead Times
Monthly Utilities Sector Update – Europe, Middle East & APAC What You Need to Know As the Middle East conflict drags on, the rebound in commodity prices has pushed up inflation expectations, triggering violent moves in government bond markets last week. With Brent and WTI jumping back above $100/bbl in September, and Asian LNG […]
Looking Back at Fifty Years of Automotive Headlines
Las Vegas Auto Symposium 2026 50 Years In Las Vegas The Gabelli Automotive Symposium celebrates its 50th year in Las Vegas at Encore at Wynn November 2 and 3, 2026. Held contemporaneously with the Automotive Aftermarket Products Expo (AAPEX) and the Specialty Equipment Market Association (SEMA) conventions, we know of no other investor conference that […]
“Forever Chemicals” 2026 Update
PFAS Overview On April 10, 2024, for the first time ever, the EPA issued limits for per- and polyfluoroalkyl substances (PFAS), the “forever chemicals,” in drinking water, and shortly after, designated select PFAS compounds as hazardous substances. Public systems have until 2027 to finish initial monitoring; however, under a 2026 proposal, systems can request […]
Monthly Utilities Sector Update – Europe, Middle East & APAC
August 2026: 1H 2026 results mostly meet or beat in Europe, guidance confirmed or raised What You Need to Know Last Friday, the Iran war reached its six-month mark, and while oil flows through the Strait of Hormuz have improved, they remain at roughly half of prewar levels. Commodity prices are therefore still elevated — […]
The Listed Sports Platform: Alternative Models of Public Sports & Entertainment Ownership
Introduction: Alternative Models of Listed Sports & Entertainment Ownership While our prior work has focused primarily on the major U.S. sport leagues, as well as more traditional single-club listed European teams, the public-market opportunity in sports extends well beyond these familiar ownership models. Professional sports ownership has long been associated with scarcity, prestige and attractive […]
Initiation Of European Electricity Networks
Wired For Growth – How Bond Proxies Become Growth Engines in Europe’s Electrification Drive Critical Grid Infrastructure For Europe’s Electricity Flows Electricity begins its journey to end customers at power plants, where it is generated from a variety of sources such as coal, gas, nuclear, wind, or solar. At this stage it is produced […]
Farnborough and Eurosatory Trade Show Highlights
What We Have Learned from Our Meetings Farnborough International Airshow Highlights The Farnborough International Air Show, the largest aerospace & defense tradeshow in the world, was held July 20-24 this year at Farnborough International Exhibition and Conference Centre, Hampshire, UK. Over 100,000 participants attended, ranging from OEMs to suppliers to A&D investors. The Farnborough Air […]