You hit a point on US consumers - I read savings have just turned negative and credit card delinquencies are rising
@neilstleon6251Ай бұрын
Top stuff Gary. Will be interesting to see what happens to our market if we get a big quarterly inflation number this week. Regarding the falling copper price maybe it's speculation of a trump victory and the view that he's not friendly towards the renewable energy movement could be putting downward pressure on copper...just a guess..
@SpecialistShareEducationАй бұрын
I find copper a complete mystery but I doubt it is a Trump effect though. It is more about the massive funding and time required to bridge the supply / demand gap. It is so much easier just to do M&A than the hard often uncommercial yards. Despite what a lot of companies espouse about ESG, its just posturing. They are driven by commercial reality. Until there is a strong price signal from copper (ie above $5 or $6) the huge investment is not going to happen.
@neilstleon6251Ай бұрын
@@SpecialistShareEducationthat makes a lot of sense Gary and thankyou for the response.
@davidtaylor595Ай бұрын
Is there a lack of certainly or a “ lack of uncertainty” ?
@blackmancerАй бұрын
2-3 months after the rate cut.... ejecto seato cuz
@FrozenDobermanАй бұрын
Until QQQ and SEMI ETFs can trade back above a rising 21-day MA line, my allocation to stocks is minimal or none.
@SpecialistShareEducationАй бұрын
If I may, such a stance leaves a great deal of unexploited high probability opportunity on the table. I have never seen and experienced so many great fundamental and technical trends. However I do advocate clarity and conviction so good luck to you