Good evening and welcome to Markets Desk.
Bill Ackman is back on Netflix, and he's not shy about it. The billionaire investor, who famously exited his position at a four hundred million dollar loss, is now calling the streaming giant one of the most durable consumer habits in modern media — a sticky subscription business with pricing power most companies would envy.
Shifting from Wall Street to Main Street, a new survey out of Henderson and Henderson paints a sobering picture of American household finances. One in five married Americans say they want to leave their marriages but simply cannot afford to. Housing costs and shared debt are keeping unhappy couples together, as the economics of running two separate households proves increasingly out of reach for millions.
And in the energy space, U.S. liquefied natural gas is facing a new kind of pressure. Export capacity is surging as new terminals come online, but the question is no longer whether America can produce enough — it's whether global buyers can absorb it. Demand growth overseas will need to keep pace, or utilization rates at those terminals start to look uncomfortable for investors.
That's the tape. Markets Desk, signing off the floor.
