Not so many quarters ago with oil booming and the price of oil going to $144/barrel many including ourselves may have missed the importance of Energy Companies on the US as well as global economy.
Here we reiterated that we thought the trickle down effect may be much greater than many had once thought.
Another Great View from Visual Capitalist
If you have been following us long you know we love to mix different opinions especially when they point the same direction- this from Factset..
Without Energy, the S&P 500 earnings would be much less.
Before complaining about that fill up… remember these two items.
Have a Great “Energy Growth” day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth