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Beware of Government Subsidies

Sigma Investment Counselors

December 4, 2019

Investors would be well advised to be cautious when evaluating investment opportunities based on government efforts to artificially, and often temporarily, affect consumer behavior.

Consider the causes and implications of falling electric vehicles (EV) sales in China, the world’s largest market, accounting for approximately 60% of global output last year.

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA

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