A little reminder....Goldman Sachs Predictions and Market Impact
Joe Lowry criticizes Goldman Sachs’ prediction of lithium chemicals prices below the cost curve, suggesting that spodumene prices would need to fall below $2,000 per metric tonne for their Q2 carbonate number to be accurate. He questions whether the investment bank is buying shares in the companies that their research is negatively impacting. Lowry’s skepticism points to the potential influence of such predictions on market behavior and the possibility of vested interests playing a role.
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