pick your poison haha.
* inflation soaring
* cost of living soaring
* interest rates soaring
* commodities crashing
* currencies hitting all time lows
* supply chain issues
* Chinese shut downs
* war in Ukraine
* multiple countries in recession
* shorters
the macro economic environment is in the toilet at the moment. I’d like to say the worst is behind us but who knows? VIX is up, in times of uncertainty equity can leave the markets and sit on the sidelines…
we are just lucky the lithium price hasn’t tanked whilst everything else around it seemingly has.
whilst we retain this current macro economic environment it will be the macro which pushes around the SP until things become clearer. Hopefully markets are at the bottom.
IMO
GLTAH
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