A little over a year ago, President Trump invoked a law no president has touched in half a century.
It's “Trump's Checkmate” in a two-front economic war currently being waged on an $18 trillion superpower and beneath the surface, a single company is at the center of it.
The Teaser
The current conflict in Iran isn't over nuclear weapons, terrorism, or fixing the price of a barrel of oil.
Dylan Jovine is a a dirt-poor kid from Queens, New York who went on to become one of the youngest broker-dealers in history and later, founded independent stock research publisher Behind the Markets.
We have previously reviewed his UFO Weapon Company and Little-known Laser Stock teasers.
What TV reporters standing in front of digital maps of the Middle East, debating when the Strait of Hormuz will reopen won't tell us is that this war is about one thing…power.
Long before the first missile ever hit Iran on February 28th, China, the $18 trillion superpower, was maneuvering to replace the American dollar forever.
When the Biden administration froze the dollar reserves of the Central Bank of Russia, which amounted to hundreds of billions of dollars, it caused a global chain reaction.
China dumped hundreds of billions of dollars in U.S. debt and central banks around the world started buying physical gold instead.
As a result, central banks now own more gold than U.S. debt for the first time in over thirty years.
Needless to say, when foreign countries stop buying U.S. debt, the cost of borrowing goes up, not just for the government, but for everyone.
Mortgages, car payments, and credit cards all become more expensive.
This is what Trump inherited when he re-took office.
He had to act quickly and decisively, as replacing the dollar was only China's first move.
This is where the two-front war and Dylan's “Iron Artery” stock pick come in.
The Pitch
Everything is revealed inside a new report called Trump's Checkmate: The Iron Artery.
The only way to claim it is with a subscription to Dylan's flagship newsletter, named after his research firm, Behind the Markets.
A full year of access costs $49 for a limited time and comes with an ‘ironclad' 30-day money-back guarantee.
What is The Two-Front War?
On Monday, March 2nd, three days after Operation Epic Fury kicked off in Iran, a friend contacted Dylan.
They told him that:
Two important people want to meet with you and the first meeting needs to happen right now
One of these was a sitting U.S. Congressmen who asked to meet off the record.
He isn't publicly repeating what he learned in these private meetings, but he does say that it confirmed what he already knew…
What's happening right now isn't a fight about nuclear armament, it's the opening salvo of a long-planned two-front war.
China's Second Move
A trillion dollars.
This isn't the latest print of Elon Musk's net worth, but what China spent building out a massive, modern energy grid to power their state-backed AI models.
The end goal is to build artificial intelligence on their chips, through their networks, powered by their state-run grid, and dominate.
However, to run that massive grid, Beijing needs a cheap, endless supply of fuel.
Under the table deals with Iran and Venezuela to import millions of barrels of crude was the only way to keep their AI grid humming and their servers cold.
Trump's response is to rip a page straight out of Ronald Reagan's playbook, the same one used to effectively end the Soviet Union.
In January 1983 Reagan sat at his desk and signed a top secret order called NSDD-75 that flooded the market with cheap oil, causing the Soviet Union to lose $20 billion a year, effectively shattering their state-run economy.
In mirror image, Trump signed Executive Order 14213, establishing The National Energy Dominance Council (NEDC) to cut off the supply lines of cheap oil flowing to the Middle Kingdom.
Starve their grid, supercharge ours. Ensure the United States physically controls the global energy supply, and cut China out of the loop entirely.
This is what the two-front war is actually about.
In the 1980s, when Reagan destroyed the Soviet Union, the American stock market tripled.
However, the investors who made the real, life-altering money didn't own the broad market. They owned the physical chokepoints that the energy had to flow through.
Today, the opportunities in the energy market dwarf those during Reagan's time and Dylan says he's found “the exact American company positioned right at the center of Trump's two-front war.”
Revealing Trump's Checkmate Stock Pick
By now one thing should be obvious.
When the U.S. government hitches it's wagon to a stock, the wealth creation is immediate.
To physically feed the American AI Grid, American natural gas has to move.
This means tens of thousands of miles of pipelines.
It's the “iron artery” Dylan is teasing and one company:
- Owns a sprawling network of pipelines seamlessly connecting 44 states.
- Over 90% of its earnings come from long-term, fixed contracts.
- This fiscal year the company expects to take in between $17.3 and $17.7 billion.
The pick is Energy Transfer LP (NYSE: ET).
- Energy Transfer's pipeline network spans 140,000 miles across 44 states.
- 90% of its EBITDA comes from fixed contracts.
- As of Q1, it has revised its adjusted EBITDA guidance for fiscal 2026 to $18.2 billion and $18.6 billion, from $17.4 billion and $17.8 billion.
The Safest, Most Powerful Business on Earth?
Dylan is right more than he is wrong in this teaser.
Despite some mainstream opinions to the contrary, the Trump admin has had an unspoken strategy of fortifying energy dominance from the very beginning, with it's actions speaking louder than Trump's many Truth Social posts.
Similarly, in a world filled with blocked shipping chokepoints, a sprawling domestic energy shipping pipeline is a safe bet to continue spewing cashflow.
Surprisingly, ET stock doesn't reflect the new limited energy reality, trading for a little over 16x current earnings, with a dividend that is within a pinky finger reach of 7%.
Return on equity and assets are also good at 5% and 12%, respectively. The only slightly troubling aspect is the debt load.
It carries $70 billion in total debt due to the capital intensive nature of operating and maintaining a large pipeline network. Normally, this would spell serious trouble for any business, but for ET it is manageable due to its highly reliable cashflow.
Now the market discount makes a little more sense.
Still, if steady although not explosive growth, predictable cashflow, and a consistent, albeit fluctuating dividend are your thing, then ET may be for you.
The only thing Dylan isn't on the money about is calling Trump's strategy a checkmate, as the final decisive moves have still yet to be made in this winner-take-all global chess game.
Quick Recap & Conclusion
- Behind the Markets boss Dylan Jovine teases a single company at the center of a two-front economic war waged on an $18 trillion superpower, and he calls it “Trump's Checkmate.”
- The $18 trillion superpower is China and the two-front economic war is all about starving their energy grid, while supercharging America's.
- One stock is an “iron artery” that helps accomplish this and it's only revealed in a new report called Trump's Checkmate: The Iron Artery. It costs $49 to access it for a limited time with a subscription to Dylan's flagship Behind the Markets newsletter.
- However, if you read till the end, we revealed Dylan's “iron artery” right here for free as Energy Transfer LP (NYSE: ET).
- A low absolute valuation, steady cashflow, and high debt. ET stock isn't perfect, but it's a solid, timely pick.
Will America retain its energy dominance? Leave your thoughts in the comments.