Peak Asset Management’s Niv Dagan speaks with Proactive’s Ky Chow about the recently released GDP figures and the fact there is no sign of a recession just. Despite, not moving into recessionary territory, the market will be watching what happens in the June quarter with inflation and with the expected rise of interest rates in coming months. Dagan also touches on whether the recent election win by the Labor party in Australia is positive for green stocks and the bullishness surrounding the green thematic. Lithium also presents a topic of interest with Goldman Sachs (NYSE:GS) recently downgrading, while Canaccord sees it as a buying opportunity. Overall, there is a mixed sentiment, but no doubt the green theme is here to stay.
Peak Asset Management’s Niv Dagan talks recession and why he is bullish about the green