Why Palladium Rally Can Last

Why Palladium Rally Can Last

Driving the gains are expectations that an economic recovery in the U.S. and China will lift car sales, boosting demand for the precious metal, which is a key component in auto-exhaust filters. Some investors also expect U.S. car sales to get a boost from fiscal stimulus launched by President Donald...

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Veröffentlicht in:Barron's 2017-01, Vol.97 (5), p.M11
1. Verfasser: Iosebashvili, Ira
Format: Artikel
Sprache:eng
Schlagworte:
Automobile industry
Automobile sales
Catalytic converters
Interest rates
Palladium
Platinum
Precious metals
Prices
Tax cuts
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Zusammenfassung:Driving the gains are expectations that an economic recovery in the U.S. and China will lift car sales, boosting demand for the precious metal, which is a key component in auto-exhaust filters. Some investors also expect U.S. car sales to get a boost from fiscal stimulus launched by President Donald Trump, who has pledged to increase infrastructure spending and push through tax cuts.
ISSN:1077-8039