Ep 156: Will Rhind: What Investors Should Know About The Rise Of Commodities
Investing With IBD
00:00
The Consequences of High Energy Prices
When commodities start running, that's a lot of times closer to the end of current business cycle. If prices keep going up, probably the greater risk is the demand destruction. Consumers don't go and buy big trucks if we're in an environment where gas prices are really cheap. But now, obviously, you can buy electric cars as well. It's something I think will shift that transition from people who are already maybe sitting on the fence thinking about switching or making the leap to electric.
Transcript
Play full episode
