Ignore Energy at your PerilAs the giants that have led the overpriced tech rally fall, the hated but increasingly profitable energy sector is becoming harder to ignore.
Companies such as Tesla, Netflix, Facebook Meta, Paypal are crashing some 25% in a Tsunami of wealth destruction and dragging down indexes, while energy companies are reporting blow out earnings and increasing their future positive guidance.
As energy companies continue to fortify their balance sheets to protect themselves from the ESG dark side of the force, they will become stonger and able to operate in the face of it.
Are you ready to feel the love?