The Energy Sector
The energy sector represented nearly one-third of the S&P index in the 1980s, but now it is less than 2% and 2020 may be a decisive turning point for energy sector stocks. Forty years ago, the energy sector represented nearly one-third of the S&P index, and it remained at 15% in the 1990s. Now, however, there are zero energy sector stocks in the top 25 of the S&P 500, reflecting decreasing demand for oil and traditional energy. However, 2020 may prove to be a turning point due to the rise of clean energy stocks, where there has been significantly […]
