The US and China Seek Common Ground

Since last week:  A new jobs report showed that 139,000 jobs were added to the labor market in May, giving a boost to the markets. 

1. Trump and Xi

Trump finally gets his audience with Xi Jinping. After a lot of back and forth, the two sides spoke and agreed that officials from the US and China will meet to try and find common ground on the ongoing trade war. There is no telling what, if anything, will come from it, but this is a story that’s going to stay in the headlines in some form or another. This is especially true regarding the supply of rare earth metals. China controls the bulk of supply and the US is trying to establish independence. Click here to learn more about some domestic companies set to win big in that fight and how you can profit. 

2. Falling Bitcoin

Bitcoin is pulling back after reaching recent highs last month. Even with news out that JPMorgan plans to start accepting clients using crypto-linked assets as collateral for loans, the price slid below $105,000 from recent highs of nearly $112,000. Much of this could be profit taking but it presents an opportunity for investors who haven’t gotten in yet. The catalysts all point to Bitcoin’s price climbing back up sooner rather than later. Click here to learn more about the future of the crypto market and why it’s going to be profitable. 

3. Meta’s Nuclear Power Deal

Meta recently signed a deal with Constellation Energy to buy nuclear power from the company over a 20-year span of time. This is the latest in a wave of tech giants looking for ways to power AI-centric data centers, and it’s not likely to stop. It’s no wonder uranium prices continue going up. Click here to learn more about how investors can win big by betting on domestic uranium supply. 

4. Copper Prices

Copper is steadily moving back toward $5. Awareness of both its importance and growing scarcity is spreading. The price it sits at now likely won’t be there much longer, and many investors will be looking back kicking themselves for not getting in earlier. Click here to learn more about where you can invest in copper now so you aren’t among them. 

What to Look For

Trump has called for the Fed to lower interest rates, again, in light of the labor news… but that isn’t likely to happen. Investors will be watching to see what labor numbers over the next few months look like. 

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Daily Profit Cycle