You've watched rising Treasury yields hammer almost every rate-sensitive corner of your income portfolio. But the same selloff pushed the gap between 2-year and 10-year yields out to +31 basis points, and that's the setup regional bank dividends have been waiting on for years.

Since 1971, official inflation figures show a rise of 8.3X.

In reality, the U.S. money supply has grown 35X.

Weiss Ratings senior analyst Gavin Magor calls the gigantic gap "Project Pyramid.

" U.S. debt is now over 121% of GDP.

That's higher than the peak of World War 2.

Foreign nations are already pulling back, and your portfolio needs its own backup plan.

Here's the strategy Gavin recommends before the gap gets worse

Eaton Corporation plc (NYSE: ETN) has agreed to acquire Italian electrical-equipment specialist COL Group, expanding its manufacturing capabilities for data-center and utility customers across Europe, the Middle East, and Africa. COL develops equipment that transmits, distributes, and controls electricity.

The acquisition adds another manufacturing platform to an electrical business already benefiting from heavy investment in data centers and power grids. Eaton can now bring COL’s products into a much larger sales and distribution network.

COL Gives Eaton More to Sell

COL brings capabilities across switchgear, substations, grid automation, and other transmission and distribution equipment. Those products fit directly beside the electrical systems Eaton already sells to utilities and large power users.

Electrical equipment may not sit high on your list of headline industries, but every new data center still needs power delivered, distributed, and controlled. Adding more of those products gives Eaton another way to capture spending behind that expansion.

The Deal Fits a Much Bigger Electrical Push

Eaton has been concentrating more of its business around electrical equipment as utilities, industrial customers, and technology companies spend billions upgrading power infrastructure.

If COL’s products gain wider distribution through Eaton, you can measure the payoff through more sales without the company having to develop every new product line internally. A relatively focused acquisition can therefore support much larger growth.

(ETN currently trades at $447 and pays a dividend of $4.40 per share, a yield of 0.99%.)

BlackRock, Inc. (NYSE: BLK) has entered exclusive talks, alongside IFM Investors, to acquire Stack Infrastructure’s Asia-Pacific data-center portfolio for as much as $25 billion. The assets span major markets including Japan, Australia, and Malaysia, although no final agreement has been signed.

The potential transaction follows BlackRock’s broader expansion into infrastructure, where its Global Infrastructure Partners platform now manages more than $180 billion. BlackRock has also been raising record amounts of capital specifically for large infrastructure investments.

Asia Adds Another Major Growth Market

Stack’s portfolio would give the consortium exposure to several fast-growing Asian economies where demand for cloud services, digital platforms, and computing capacity continues to expand.

Data centers may rarely enter your everyday thinking, but they have become essential infrastructure behind banking, streaming, business software, and online services. That makes well-located facilities increasingly valuable long-term assets.

The Size of the Deal Matters

A transaction approaching $25 billion would rank among the largest infrastructure deals tied to BlackRock’s expanding private-markets platform and reinforce its ability to put huge pools of client capital to work.

If the negotiations reach a final agreement, you would have another clear sign that BlackRock is using infrastructure to create a larger source of fees and growth beyond its traditional public-market businesses.

(BLK currently trades at $1,065 and pays a dividend of $22.92 per share, a yield of 2.15%.)

Elon Musk says reports of a new SpaceX phone-like device are “utterly false.”

But one analyst believes recent FCC filings and trademarks tell a different story.

He thinks they point toward a new device that could create a major investing opportunity before the broader market catches on.

And he has identified one stock he believes could benefit most.

See the filings, trademarks, and stock behind his prediction here.

Qualcomm Incorporated (NASDAQ: QCOM) has renewed its global patent licensing agreement with Apple, with the new deal taking effect April 1, 2027. The companies did not disclose the agreement's term or financial terms.

The renewal comes as Apple continues developing more of its own modem technology, gradually reducing its dependence on Qualcomm hardware. Patent licensing is a separate business, however, allowing Qualcomm to keep earning from its wireless inventions even as the chips inside future iPhones change.

The Licensing Relationship Outlives the Modem Shift

Qualcomm owns a large patent portfolio covering technologies used across modern cellular networks, with more than 200 5G licensing agreements already in place. Apple renewing its agreement keeps one of the world's biggest smartphone makers inside that network.

Apple building more chips internally might look like a clean break, but you would miss the distinction between buying Qualcomm hardware and licensing Qualcomm inventions.

The Relationship Is Changing, Not Disappearing

Apple's push toward internally designed connectivity chips remains important because it can reduce Qualcomm's hardware sales over time. The renewed patent agreement shows that losing some chip business does not automatically mean losing Apple altogether.

As Apple takes greater control of its own silicon, you can separate the two stories: Qualcomm may supply fewer physical components while still earning from the wireless technology those devices use.

(QCOM currently trades at $201 and pays a dividend of $3.68 per share, a yield of 1.83%.)

GBCI raised its quarterly dividend 6.1% to $0.35 per share, payable October 15, a new yield of about 3.2%.

MRP lifted its quarterly dividend 2.6% to $0.79 per share, payable October 15, a new yield of about 11.7%.

OGE nudged its quarterly dividend 0.9% to $0.42875 per share, payable October 30, a new yield of about 3.9%.

TU cut its quarterly dividend 55% to C$0.1875 per share from C$0.4184, payable Thursday, October 1, a new yield of about 6.2%

Something new is plugging into the power grid and draining it — something that can devour the electricity of 100,000 homes at once, likely being built in your state right now.  

In some states, bills are already up 20% in a year, and James Altucher believes that's just the start.  

So he's identified the one company in prime position to facilitate a plan that’ll let you flip this rate hike into a profit. 

Get the details in James' FREE briefing now.