RE: General market comment2 Nov 2023 21:32
Ocelot is hearing what he wants to hear... Powell also said that the FED will not be slowing the pace of 'balance sheet runoff' [aka quantitive tightening]. That, and the sale of more debt (more than $1.5 trillion in debt over the next six months) means interest rates will stay high for longer.
Of more interest will be if GROC can get ECA Financing, as it would reduce the cost of capital and increase the IRR of the project from the low level shown in the PEA.