I’m interested in everyone’s thoughts regarding possible ‘demand destruction’ triggered by the current inflationary cycle, interest rate rises and generally a move to purposefully create a global recession.
I have some concerns about ‘commodities’ in general, some more than others. Keen to hear views on how the above could affect demand for products associated with lithium as consumers tighten their belts and and discretionary spending is reduced. I assume these factors will have some impact on global demand for lithium but it is hard to quantify this affect.
I am expecting some pull back in spod pricing ……but how far ????
Some of this SP correction is likely due to these factors being built in, some of the correction I think is due to a SP that
got a bit ahead of itself. I’m tempted to buy more at these current prices but have concerns about the ability of governments and fed reserve etc.., to get control of yhe situation.
gltah
Not intended as financial advice . Please DYOR .
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