Very difficult to know what to invest in in a time of war. O...
Very difficult to know what to invest in in a time of war. One might think oil exploration but if investment accelerates in renewables which are going to be coming down in cost you might be making a bad decision. I'm sticking, for the most part to extreme value $HUYA Inc(HUYA.US$ , $DouYu(DOYU.US$ , $Yiren Digital(YRD.US$ and a few others Chinese ADR's Hard to imagine companies with more cash than market cap getting killed + PRC companies focused on PRC economy less likely to be hit;at least short term.
I also like us auto part suppliers as consolidation is taking place and there is significant pent-up auto demand. Sure next few quarters will stink, but six months from now $NN Inc(NNBR.US$ could be very profitable.
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lightfoot : steel my bet
Jeff BoydOP lightfoot: PRC is mandating reduced production. Might help an already strong market.