Categories: General Market Commentary- DPC
Topics: General Market Commentary- DPC

India, the UK, and Crypto’s Big Win

Since last week: 

Fading inflation has inspired hope among economists and analysts. It won’t be long before we see how this might change with the next round of rate hikes. 

1. India’s Rise

As markets all over the world cool, investors are trying to find increasingly sparse opportunities to make money. They are looking to India for that exact reason. There are certain stocks you can invest in to profit from this rising economic power.

2. Britain’s Small Reactors

Britain wants to increase its nuclear capacity with an aim to make it around 25% projected energy demand. One way it plans to get there is by integrating more small modular nuclear reactors. It has opened a competition in which companies can submit their plans and then be chosen for investment to bring the projects online. This is expected to roll out over the remainder of the decade and is one more reason you’re going to see uranium demand go up in time.  

3. Tata in the UK

Indian company Tata Sons, the parent company of Tata Group, known for its automotive offerings, has announced plans to build a $5.2 billion electric car battery factory in the UK. This is one of the largest car industry investments in the UK in decades and will create thousands of manufacturing and supply chain jobs. These are the kinds of market moves that are going to increase lithium demand and make lithium investing more profitable.

4. Crypto’s Recent Win

The crypto community got some welcome news in a recent ruling. A federal judge ruled that XRP purchases made through exchanges were not securities transactions, going against recent SEC allegations. The coin went up in value following the ruling and was listed on Coinbase. This could inspire confidence in other entities being targeted by the SEC. In that case, it helps to know just what parts of the sector make the best investments. 

What to Look For:

The Fed meets next week and will likely raise interest rates again. We’ll have to see what effect that has on the markets.

Ryan Stancil
Editor, Daily Profit Cycle