On Mon, 9 Nov 2020 14:57:50 -0500, Keyser Söze
wrote:

On 11/9/20 2:35 PM, Wayne B wrote:
On Mon, 9 Nov 2020 12:48:30 -0500 (EST), justan wrote:

"Justan O." Wrote in message:r
Likes Biden. I'm glad I didn't pull my investments and put them in cash. Let's turn lemons into lemonade. That is if you have any. Got it Fat Harry?

My energy stock is up 30% today. This is crazy. Whats going on?

===

Energy stocks have been depressed this year largely because of greatly
reduced travel plans and the "work from home" trend. The vaccine news
is being taken as a big step in the right direction for returning to
normal. Let's hope.


I wonder how much "business meeting travel" will recover. I know it will
come back, but with the vast improvement in meeting software and the
tons of $$$ it saves, I'd bet corporate planning doesn't get back to its
previous spending level for meetings.

I suspect you are right, at least for middle management. The senior
guys still like a nice trip to an exotic place on the company dime
tho.
I also think we will see more "work from home" going on although that
is not really new. IBM was pushing people out of the office 25 years
ago and laying off the support staff. This just gave some companies a
better chance to try it out.