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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance... see more

TSX:S - Post Discussion

Sherritt International Corp > RATES HIGHER FOR LONGER USD BENEFITS
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Post by CommonCents123 on Jan 26, 2024 10:57am

RATES HIGHER FOR LONGER USD BENEFITS

The facade of of the economy continues.

Sherritt won't benefit as you can clearly see from its dropped sp.

https://www.cnbc.com/2024/01/26/cnbc-daily-open-what-recession-the-us-economy-grew-at-rapid-pace.html
Comment by CommonCents123 on Jan 31, 2024 4:33pm
Oh Geeze, did I say this just 5 days ago?  The Fed didn't drop rates today. Link incl. The economy is still being propped up Unemployment is still low because people are working 2 jobs to survive IMPO, and Inflation is still up, 2% is the target. It only makes cents.  They can't drop and then when inflation continues, raise the rates again.  Beware of mortgage renewals ...more  
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