Case Studies


  • The Biden Pipeline Predicament: Will the Other Shoe Drop? July 19, 2021 — As July rolls on, a look back at the midstream sector in the first six months of the Biden administration draws a stark contrast to the first six months of the Trump presidency. The industry has been met with much less glam, calamity, or frequency in mainstream headlines. As ambitious clean […]Learn More
  • EU to Prioritize Green Energy in Trans-European Regulation July 12, 2021 — Each month, Capstone’s EU Energy Team highlights impactful policy developments investors should pay attention to. Below, read an excerpt from the latest publication. EU “TEN-E” Rules to Phase Out Funding Oil and Gas; Exemptions for Malta and Cyprus GasCapstone believes the European Parliament will increase its emphasis on renewable energy when it […]Learn More
  • A New Cold War? The Deteriorating Relationship Between China and The US July 8, 2021 — Our job as investment analysts is, by necessity, to attempt to look over the horizon. But as Yogi Berra famously said, “It’s tough to make predictions, especially about the future.” A necessary device for the adept analyst is ascertaining where there might be blind spots in consensus investor views. Though most […]Learn More
  • The Road Less Traveled: Democrats’ Byzantine Plan to Pass Bipartisan Infrastructure AND Reconciliation Legislation June 27, 2021 — Two legislative roads diverged in a divided Congress, and the Biden administration is attempting to take the one less traveled by. The question is will it make all the difference? With the White House’s endorsement of the bipartisan infrastructure framework this past week, President Biden and Congressional Democrats are attempting to […]Learn More
  • Medicare Spent $800 Billion Last Year. Is a New Alzheimer’s Drug Worth an Extra $400 Billion? June 14, 2021 — The Food and Drug Administration’s decision to approve Biogen’s Alzheimer’s drug Aducanumab will accelerate difficult and unavoidable questions for lawmakers and the Centers for Medicare and Medicaid Services (CMS) over Medicare spending and program cost controls. The agency’s decision pits desperate patient groups against those tasked with running the Medicare program. And […]Learn More
  • Medicare Advantage Topics Investors Should Pay Attention to in 2021 June 24, 2021 — We recently held a policy day exclusively for clients to discuss the outlook for Medicare Advantage. There are eight MA topics we believe investors should pay attention to for 2021–including the Medicare Trust Fund, calculating insurer medical loss ratios, dialysis carve-in, and more. See a preview below: Inclusion of MA Cuts/Traditional […]Learn More
  • Education Department Prioritizes Student Loans Before Gainful Employment, Bundled Services Exemption June 9, 2021 — In this weekly bulletin, the Capstone Financial Services team shares insights on key policy priorities for the Department of Education (ED) in its administrative capacity. On May 24, ED solicited stakeholder input on various potential regulatory changes. The department has prioritized tackling issues of student loan payments and student loan forgiveness […]Learn More
  • The Most Important Infrastructure Number No One is Talking About May 25, 2021 — On May 13, 2021, the White House released recommendations for the creation of a geospatial Climate and Economic Justice Screening Tool that would help ensure that 40 percent of the benefits of investments in climate and clean infrastructure target disadvantaged communities. The tool, created as part of the Biden administration’s Justice40 […]Learn More
  • DarkSide Steps Into the Spotlight, and How Public Policy Is Likely To Change After the Pipeline Hack May 19, 2021 — America replayed the entire 1970s last week with a huge inflation print (4.2% YoY), armed conflict in Israel, and the astonishing sight of cars lined up in response to a gasoline shortage. The latter was a result of a system compromised by the “ransomware as a service” group DarkSide, a group of hackers […]Learn More
  • WA State’s Low Carbon Fuel Standard a Harbinger of Things to Come May 18, 2021 — The Washington State Legislature passed HB 1091, legislation implementing a Clean Fuel Standard, on April 25th. The state’s market-based program is modeled after California’s Low Carbon Fuel Standard (LCFS) and signals a growing trend we believe will spread to other states. Washington will likely become the third state to enact a […]Learn More