RE:RE:RE:MarketsThe broader markets will go up and down. Right now the earnings reports are coming in for larger firms. Have allsorts of influences. Higher interest rates. jobless reports, geo-political tensions, some quarterly earnings less than expected and the like. Some flight to safety now until the clouds clear.
Seems like there was rotation in 2021 from renewables/growth stocks into banks and oil. But if the economy is slowing down, interest rates and demand for oil should drop. I think there's too much focus on inflation numbers. It's due to pandemic related issues.
The last thing the world needs is high inflation and declining economic growth. Stagflation.
14 analysts can't be wrong about their belief that Northland is trading below it intrinsic value. For those who like chart indicators, a longterm upslope of the NVI indicator stands out. It's suppose to act as a proxy for smart buying. ie: buying on quiet days.
It's Scotland for Northland that was the news story. It will be a busy company for many years.
I like the others await the virtual investors call-in on Feb 8th and the 4Q results about Feb 25th. In fact many renewables will be announcing earnings in late February.