Stay Defensive in October
It’s been a pretty torrid time in equity markets over the past 4-6 weeks and that looks set to continue with a host of macroeconomic factors (including the new war in Israel and Gaza) likely to make markets more volatile. Having said that, a number of sectors have fallen very materially over the past few weeks and there is certainly the possibility of a dead cat bounce lasting for a few weeks. We are also growing more constructive on parts of the lithium-ion complex for a near-term bounce but it could take a while (particularly in volatile equity market conditions)...
Topics
Brine
Cell makers
Developers
DLE
Downstream
EV Makers
Explorers
Graphite
Hard rock
Lithium
Midstream
Producers
REE
Spodumene
Upstream
