We examine the latest quarterly results from Syrah Resources [ASX:SYR] and Lake Resources [ASX:LKE]. LKE and SYR shares are in focus today as the two lithium stocks released their December quarter results.
In Mr Fink’s case, we have no idea whether companies aiming for zero emissions are doing the world a favour or not. Fighting climate change is cool today. As for tomorrow, we don’t know.
Getting to a net-zero target requires shifting from fossil fuels to alternative energy sources — including lithium but many more besides.
But the short squeezes can be vicious, and they can go on for so long that many get convinced the market is heading up again and jump on at just the wrong moment. So beware the bull traps.
Inflation getting out of hand is an unusual state of affairs. I mean, how hard is it to rein in inflation? You just tighten monetary policy, right? And then Goldilocks gets her porridge just right and stocks go up. Simples.
Today, in addition to mocking the cool, earnest rich, we explore the whole scammy plot. The financial system has become corrupt…here’s how well-meaning do-gooders make it worse.
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