2021 Stock Market
- Thread starter SoapyCy
- Start date
Supply and demand.
Don't know your market, but there is still a major shortage of inventory. Generally speaking
It’s crazy 20 or so years ago CD’s were paying 7% interest. Today you would be lucky to get 1%.
Without sending this into the cave. what is the next move for biden admin? Weed? green energy? infrastructure? anything else??
I heard this morning on CNBC that infrastructure is next.
I've been looking at 2 USA based infrastructure EFTS (PAVE and EMLP). any others to look at ?
Infrastructure always seems to be the popular course of action for a new administration, but nothing ever seems to get done. I hope they do get something done because the country needs it, it just always seems to be on the back burner.
A lot of talk around Infrastructure. You have Bootedgeedge leading the way there. I think he'd really like to run again and I'm guessing he took this position to build up the resume. Plus, the US really has fallen behind on this stuff. We've been talking about for years but nothing ever gets done.
One thing I like about the weed play is the potential to generate tax income. For an admin that has some lofty goals that will require funding, what easier way then to tax something like pot. You're more likely to gain support for that then you will raising income taxes. Just my $0.02.
Would the feds have any jurisdiction to taxing weed? Wouldn't it all be done at the state level?
Could look at steel companies - NUE, MT, STLD are some that come to mind. I picked up some MT back in November and that went on a wild run. I've thought about picking up some STLD as I've heard they have "state of the art capacity" coming online in TX (Sinton - IIRC) this year, but at this point I think I'm going to wait for it to pull-back or just let that ship sail.
but weed and green energy are not big $$$$ passes. thats the issue I think will come up with an infrastructure bill
They tax tobacco, so I'd imagine they'd have the same ability to tax weed.