If the US Federal Reserve start to pivot and reduce interest rates then this could be a sign for a more broader market uplift. Lower interest rates would see more liquidity back into the market, lower cost of finances and hopefully increase demand for ev’s due to lower finance costs/loans etc and less money need for mortgage repayments.
However in saying that, commodities also tend do well in an inflationary environment.
DYOR
AKE Price at posting:
$12.20 Sentiment: Buy Disclosure: Held
