The Low-Hanging Fruit of Nuclear Power

To the Editor:
I’ve watched Constellation for quite a while (“Constellation Energy Has the Power That AI Needs. The CEO Is Making the Most of It,” Cover Story, Oct. 17). Buying Calpine is huge. Constellation also owns all of the nuclear power plants in Illinois, as well as those of Philadelphia Electric Power and Baltimore Gas and Electric. As the U.S. electric supply tightens with increased demand, Constellation should be paid even more for its power generation.

It’s about time someone restarted Three Mile Island unit 1. If Holtec doesn’t restart the Palisades nuclear power plant in Michigan, Constellation should. If no one restarts the Duane Arnold nuclear power plant in Iowa, Constellation should. Those three units are the low-hanging fruit of nuclear power.

James Ballantyne
On Barrons.com

What to Worry About

To the Editor:
You should be worried about the continued wealth disparity (“Worried About a Crash? Here’s What You Should Be Worried About Instead,” Up & Down Wall Street, Oct. 17). When the wealth gap gets large enough, social unrest increases. What may be mistaken for “political conflict” is really economic conflict.

I trace this back to the unfair way that the 2008-09 financial crisis was handled. Speculators and banks were rewarded, and savers were punished. The beatings continued for years, with zero interest-rate policy and quantitative easing, until now, when 10% of the population accounts for the bulk of retail spending. Asset holders are rewarded by low rates and asset appreciation, and those without assets simply face inflation.

Ray Noack
On Barrons.com

Bats in the Belfry

To the Editor:
When there’s a lot of froth in markets, as there most certainly is now, anything less than ebullient remarks from one of the adults in the room is cause for concern (“Banks’ Strong Earnings Leave Investors Digging Deeper for Trouble Spots,” Oct. 17). Not just cockroaches below, but bats in the D.C. belfry above. Unhedged here looks like unhinged. It’s been a long time coming. Those are usually the big ones.

Dr. Michael Mikita
On Barrons.com

Nest Eggs?

To the Editor:
Robert Moskow’s glowing mention of Vital Farms in “This Food Stocks Pro Sizes Up Industry Winners and Sinners. Why PepsiCo Shouldn’t Split” (Interview, Oct. 16) brought to mind fellow egg producer Cal-Maine Foods, which recently talked about its desire to invest in cage-free and pasture-raised production following its most recent earnings report. Both companies’ stocks should be worth buying and holding due to their strong fundamentals and consumers’ increasing desire to pay for premium egg products.

Mitch Sabbagh
Halifax, Nova Scotia

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