Surveillance: Growth Outlook with Dutta
Bloomberg Surveillance
00:00
Is the Strategic Petroleum Reserve a Good Policy?
Last year the energy sector performed very strongly, and I do think that investors have reacquainted themselves with the fundamentals. By market capitalization, it's only 5% of the S&P 500, so I think they're still upside. Earnings in our sector through three quarters of 2022 represented 10% of S-P 500 earnings. It was set up for true supply outages, which we didn't experience last year.
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