Wall Street experienced a slump this week, with stocks falling for several consecutive days. The honeymoon period from rate cut news has worn off, and uncertainty about further Federal Reserve policy and continued independence continues to weigh on investor sentiment. This is the kind of environment of uncertainty that can wipe out investor accounts when they aren’t built to withstand it. You can learn how to avoid such wipeouts by clicking here.
There is a rumor that the Trump administration is eyeing a stake in Lithium Americas, a Canadian lithium company. That bit of news caused the Canadian company’s stock price to rise 100% in one day. The company has what is set to be the largest lithium mine in the country and could go a long way in helping to secure domestic supply in a metal that’s going to be critical to US energy independence. You can learn more about the company, its holdings, and why it’s a smart investment by clicking here.
Despite a lull in price, cryptocurrency is entering a new era of profitability. The collective market cap recently hit $4 trillion and despite that growth, it still isn’t on the radar of many institutional investors. But tailwinds, such as dollar weakness and interest rate cuts, create the ideal environment for crypto to elevate further. You can learn more about it and what you should be buying by clicking here.
A looming government shutdown and inflation meeting expectations will likely weigh on markets next week.