12 months ago battery production was limited. Input prices went through the roof with up to 12 month wait lists for new NEV’s post covid. Penetration of NEV’s into the existing ICE annual production is at record highs globally. Yet we are looking at a LIT ETF that has fallen for 2 years straight, that is illogical.
why on earth would anyone invest capital into this excessively manipulated sector? A Sane investor would not.
therefore, the government with their eyes firmly on sovereign production of “critical resources” and the transition to breathable air, are faced with a monumental problem. Goldman Sachs and their good mates morgan Stanley have now (in the space of 5 years) accurately predicted complete crashes in spot chemical prices, gee wiz they really are good at their analysis. Or maybe, just maybe it’s a touch rigged?
transfer of wealth from inpatient to the patient. The short money is loaded, the sector bets have swelled. The status quo is unsustainable.
not advice
