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14Apr2021 Market Close: Wall Street Closes Mostly Lower As Fed Beige Book Points To Moderate Economic Growth, DOW Up 54 Points, Nasdaq Down 1.0%, Bitcoin Slips 62000, Solar Projects Becoming More Expensive


The overall trade deficit expanded by 87% in February to $71.1 billion (SPY -0.3%). Dollar dumps amid COIN carnage, Archegos Angst, & Ignited Inflation.
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Lithium Prices Could Triple As EV Production Soars
The global market share of electric vehicles is set to rise so quickly that battery manufacturers will not be able to meet production requirements, a Rystad Energy analysis shows. The reason is that the mining capacity of lithium a key ingredient in EV-purposed batteries will fall short of demand unless investments in new mines accelerate. Under the current pipeline, capacity deficits could triple lithium prices towards the end of this decade. While todays lithium mining capacity can comfortably satisfy demand from the electric ....

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