Chairman of Milken Institute Michael Milken attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab LOS ANGELES, May 5 (Reuters Breakingviews) - The sun always shines in Michael Milken’s Beverly Hills. The former junk-bond king’s yearly financial Coachella kicked off, opens new tab as a conflict-induced energy crisis spooks consumers increasingly nervous about how they’ll make ends meet.