The Treasury Department has put its finger on the scale in the bond market, and the dollar weakened as a result. The market reacted positively initially, but the long-term implications may be different. This is the kind of market uncertainty that can drain accounts if you aren’t careful. Click here to learn how to avoid the worst of it.
The Trump administration made another move to help establish an independent supply chain for critical minerals in the US. This time it was $500 million in grants to companies building projects related to lithium, cobalt, and other commodities needed for things like batteries and electronics. This likely isn’t the last time we’ll hear about a program like this and companies that can provide these metals will be big winners in the sector. Click here to learn more about one domestic supplier with a robust deposit of seven critical metals before the mainstream catches on.
Watch for how the Treasury’s actions will affect markets going into September.