Coal Stocks Could Care Less That Coal Forecasts are Sliding

JPMorgan’s John Bridges and team cut their coal forecasts today, but you wouldn’t know it just by looking at the prices of coal stocks like ArchCoal (ACI), Peabody Energy (BTU), and Cloud Peak Energy (CLD). Agence France-Presse/Getty Images Bridges and team explain their pessimistic view on coal: The genie of new coal mine capacity is […]