The Covid-19 pandemic has upended conventional wisdom in oil markets (prices will never go negative) and car sales (electric vehicle numbers will fall off a cliff). At the end of the summer, it hit another decades-old trend, at least in the U.S. For the first time since at least 1960, U.S. personal consumption expenditure on electricity was higher than it was on gasoline.

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Your Guide to Financial Independence

Rick Epple, CFP(r), CeFT (r)