RC Plenty of companies want part of the energy market...and if they can take it off the oilies they will...and marketing wind energy etc gets them customers and profits... You either compete with change or you risk being left behind..
Look at all the retail store dinasaurs who were asleep at the wheel as Amazon etc raced ahead...Kodak nearly died because they slept whilst digital cameras got popular..cinemas maybe the same, with streaming,...etc etc.. You cant afford to dismiss what is going on around you...because the younger generations are marketed as to what is good for them....and they take it
Sounds like great Airbnb money maker , mate (once this virus nonsense is over ) .. My dad always said...you will never appreciate a chandalier until you have put up with just a hanging light bulb : - )
coops, ok thanks... did you see the reporter name and date and web page date of the 12th.....does that mean that they wrote it and sat on it and didn't publish it until today ?..that would suggest they didn't have permission ..so why today ?
Icarus42 I am with EQI... who are pretty good ...but the same...they are geared up to dealing with an average number of trades a day and whenever the volume seriously up ticks...it causes troubles and you are waiting and waiting for a quote and the trade doesn't go through etc ....I don't know if it is infrastructure capacity that they all don't want to pay for..or what
Dollar Index is up....some of those Dollar shorts may close/reduce for the end of month cross over ...they have quite possibly shorted it on Biden's stimulus that will probably not be as much as he wanted ( always ask for more than you think you will get)..so has the Dollar been over shorted ?
Dollar Index is up...some of those many shorts on the Dollar may be closing for the end of month cross over ....If Biden doesn't get as much stimulus as he wants then I "suspect" that the Dollar will move up , as it has been over sold and shorted down....Dollar up..PM down
SmithyS2019 It would probably help if you were at least up to date with where things are ....you don't even seem to be at that stage ..and then take in expectations for the next 2 years...and then in 2 year jumps then on...
If the Dollar falls then you need less foreign currency to exchange to buy the Dollar goods ...so the Dollar price rises to compensate and maintain that purchasing power... It is like the Turkish Lira..when it collapses they put up the holiday prices to foreigners so as to try and get the same number of Turkish Lira as before :-)
CUsunrise Trump ripped into Powell because he said the Dollar was too high , and the Euro too low.. ...now..the reverse is true ( Trump wanted it lower to aid exports ) and people rip into Biden ...even though you could reduce imports and start those exports...
You generally find there are advantages and disadvantages to either