Just came from my brokerage account. Looked at CYD
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(Total Views: 665)
Posted On: 07/07/2021 1:12:19 PM
Just came from my brokerage account. Looked at CYDY & then the broader market. CYDY seems like a much more stable proposition.
Since " the green initiative" took office, the price of oil has gone up, up, up while demand has gone down, down, down. Now demand is going up. What effect will this have? Ironic that those who campaign against fossil fuels, help the oil industry the most. Making more money for less work.
In an effort to help those who could not work because of the pandemic, government spent trillions to create an environment where those same people choose not to work. More money for less work.
Government gave food & beverage industry( the majority go broke in the best of times) money to stay afloat while offering no services. More money for less work.
Etc..., etc..., etc...
Lots of recently printed money out there & no one wants to work for it. Imagine that
And the pandemic is far from over.
Who has a clue as to how this plays out?
Safe bets?
Maybe a tiny little company where they are working their collective butts off to bring us back to normalcy & have taken no hand out to date.
Yes, it is a novel ideal, but it is different. I like it. Go CYDY!
Since " the green initiative" took office, the price of oil has gone up, up, up while demand has gone down, down, down. Now demand is going up. What effect will this have? Ironic that those who campaign against fossil fuels, help the oil industry the most. Making more money for less work.
In an effort to help those who could not work because of the pandemic, government spent trillions to create an environment where those same people choose not to work. More money for less work.
Government gave food & beverage industry( the majority go broke in the best of times) money to stay afloat while offering no services. More money for less work.
Etc..., etc..., etc...
Lots of recently printed money out there & no one wants to work for it. Imagine that
And the pandemic is far from over.
Who has a clue as to how this plays out?
Safe bets?
Maybe a tiny little company where they are working their collective butts off to bring us back to normalcy & have taken no hand out to date.
Yes, it is a novel ideal, but it is different. I like it. Go CYDY!
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