Quote:
Originally Posted by Leondros
Every business operates in the same environment, high interest rates are where we live right now. It’s like saying my business can’t survive because I can’t pay the mortgage on my capital spend but it’s okay, it’s just high interest rates. That’s a silly statement man
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You were saying that Green stocks tanked because they weren't as profitable as hoped. I pointed out they're more vulnerable to high interest rates due to the nature of how their electricity business goes. No one said they couldn't survive. I was simply pointing out why the stocks have tanked. It's not silly. At least these publications don't think so:
-https://www.reuters.com/sustainability/climate-energy/renewables-funds-see-record-outflows-rising-rates-costs-hit-shares-2023-10-09/
https://www.barrons.com/articles/int...tocks-196936f1
https://www.ft.com/content/07443afb-...1-8c47e4353c59
https://www.foxbusiness.com/video/6340910222112
Etc, etc, etc
The consensus is that the interest rates hit these stocks harder