joe: thank you, deutsche bank torsten slok.lix: coming up, we go to aspen to hear from one of c.e.o.'s of the nation's largest utility companies, coming up next. ♪ alix: "what'd you miss," i'm alix steel. joe: and i'm joe weisenthal. bloomberg's betty is speaking to tom fanning in just a moment. here's why you should be paying close attention? while the utility sector has been in focus 10 year inverse correlation. we're interested in southern company because of their exposure of the fast growing southern region what that says about the economy. alix: tell me more about that. joe: well, utilities, you know, there's not much they can do in terms of their growth because they're regulated but given its location, given the economic growth they have a read on what's going on down there. so that should be fascinating. alix: the other reason i think people should be paying attention to southern company is how its diversified. it's tearing back its coal exposure. as of the first quarter, coal is about 42%. they're trying to reduce that