Biden is cutting mortgage insurance costs for new home buyers insured by the federal housing administration. It's only cuts costs by $800 a year, but it's something and perhaps it'll slightly move the needle on this housing issue. One of the most profitable car companies in the world is one you've probably never heard of, Stellantis. The company delivered 288,000 EVs last year, up 41% from 2021. That makes it the second largest EV seller in Europe, behind Volkswagen, but ahead of Tesla.
This week on Prof G Markets, Scott breaks down why Home Depot’s disappointing earnings are indicative of healthy market trends. He also takes a look at promising earnings from Stellantis, the second largest EV seller in Europe behind Volkswagen and ahead of Tesla. Finally, Scott explains why companies and resources are nationalized, and discusses what it means that Mexico is nationalizing lithium.
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