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"Nuclear Power Revival" horn sounds! Fourteen global financial giants are reportedly set to support nuclear energy.
According to media reports, 14 large global banks and financial institutions will commit to increasing their support for nuclear energy, which is expected to provide support for the financing of the latest wave of nuclear power plant construction. The major banks have not yet specified specific actions, but nuclear energy experts say that the open support of these institutions for nuclear energy has long been anticipated by the public.
Express News | Shares of Oil and Gas Stocks Are Trading Lower Despite Middle East Tensions. Weak US Economic Data May Be Weighing on Demand Outlook
Earnings Call Summary | Lightbridge(LTBR.US) Q2 2024 Earnings Conference
Lightbridge | 10-Q: Q2 2024 Earnings Report
Lightbridge GAAP EPS of -$0.17
Express News | Lightbridge Provides Business Update and Announces Second Quarter 2024 Financial Results
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cheerfulknight : Hi, is commodities heading up after rate cuts? With the full unwinding of JPY in the near term and coupled with interest rate cuts, USD will depreciate and stock market would drop too?
iamiam OP cheerfulknight : when the markets drop, everything drops. commodities recover faster and stronger. there is a new round of price discovery coming. for the first time in nearly 50 years, everything will be adjusted.
do I think everything will drop initially in the new price discovery? yes.
do I know when the new price discovery will take place? no, although I can guess September at the BRICS meeting.
I just know I want to hold commodities because they trade 1:1, nvidia, for example, trades at 40 times profit to earnings. which one gets sold first during price discovery
cheerfulknight : What is your analysis for QQQ and SPY today?
iamiam OP cheerfulknight : today, Friday the 6th? flattish to down. I don't like anything yet.
cheerfulknight iamiam OP : Hi, after the rate cuts, is tech stock leading the rally this time round again?
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