How well do energy stocks do during a recession?
December 25th, 2010 | by admin |
swcc asked:
Does anyone have any experience with this? I know it’s a waiting game. Generally, consumer stocks are good choices, things people need like food, toilet paper, medicine, etc. Well, people need oil and gas to heat their homes, drive their cars, and businesses need it to produce and deliver. Wouldn’t energy stocks qualify?
Maria
Does anyone have any experience with this? I know it’s a waiting game. Generally, consumer stocks are good choices, things people need like food, toilet paper, medicine, etc. Well, people need oil and gas to heat their homes, drive their cars, and businesses need it to produce and deliver. Wouldn’t energy stocks qualify?
Maria
No Responses to “How well do energy stocks do during a recession?”
By General Custer on Dec 26, 2010 | Reply
Utility companies do OK. Try Duke
By jeff410 on Dec 29, 2010 | Reply
The economy is slowing and we may be entering a recession. Unemployment is at multi-year highs, people dont drive to work, business dont produce, and people and businesses need fewer thing delivered, except essentials.. Look what oil and gas prices are doing.