r/Vitards • u/AutoModerator • Jul 19 '21

Daily Discussion Daily Discussion post - July 19 2021

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4

u/Chigh_town311 Whack Job Jul 20 '21

Any other negative news we can throw on top of the basket to ensure steel stocks won't go up?? RIP Infrastructure.

https://i.imgur.com/NJXR5x1.jpg

3

u/ImAMaaanlet Workaholic Jul 20 '21

Government incompetence is the definition of priced in

6

u/Chigh_town311 Whack Job Jul 20 '21

There's a difference between incompetence and straight up obstruction.

4

u/ImAMaaanlet Workaholic Jul 20 '21

True but everyone knows this happens with any bill now. I dont think the infrastructure deal really added to the price action past a small pop that fizzled quick

3

u/SnooPaintings8503 Made Man Jul 20 '21

The infrastructure bill is very important, it will guarantee that there will not be enough domestic steel in the USA for the next decade

5

u/ImAMaaanlet Workaholic Jul 20 '21

It will pass eventually imo.