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EV stocks tumble after Manchin rejects Biden's climate and social plan

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Movers and Shakers wrote a column · Dec 21, 2021 00:56
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  • Howardy : $Gores Guggenheim (GGPI.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$  you better do some EV
    rotation... We still have to catchup!!!

  • Revelation 6 : I think that it makes a significant statement about how much fat and waste there is in the bill. It also calls in to question this “Common Prosperity” thing that the Socialist Democrats Joe Biden and the Spendocrates are trying to push on a capitalistic American democracy. What could be a good budget for the U.S. economy and climate change is laced with unsustainable programs with funding shortfalls that will send the cost of this budget rocketing skyward. This new billionaire tax is only going to work for one or two years then it’s done. That wealth will have been stripped out of the economy permanently. And we won’t gain from it because it’s already been spent. Biden wants his name on a super bill at any cost to you and me. Well he better get ready to strip some of the garbage out if he wants it to pass. You know it’s bad when you can even get your own party to endorse it.

  • 101793845 : Sell the bounce?

  • Revelation 6 101793845: The EV provision in the bill isn’t the problem. In fact, it’s actually one of the bright spots for climate and employment in the U.S.. Not to mention a great savings on EV’s for the retail consumer. I think it will stay as written. I’m holding my EV stocks because the budget will pass eventually. I’m not holding my breath though, it will be mid to late January before it does.

  • 101621268 : Oh no

  • 102946681_ :

  • JohnnyWCK : good

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