Copper: You Ain’t Seen Anything Yet

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🚨 🚨 Bank of America strategists expect metals like copper to fall into massive deficits through 2026. The bank says Miners should retain pricing power given constrained capacity after a decade of underinvestment. Talk To Us And Profit From Copper Miners

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Bitcoin’s Correlation To Tech Stocks Surges

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🚨 🚨 BREAKING: The 90-day correlation coefficient of #Bitcoin  and the tech-heavy Nasdaq 100 index reached 0.46 this week, the highest level since late August. A coefficient of 1 means the assets are moving in lockstep, while minus-1 would show they’re moving in opposite directions

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The Experts Predicted A Recession. They Were Wrong

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🇺🇸 🇺🇸 The S&P 500 is now 22% higher than where it was when the Fed started hiking rates in March 2022

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China Removes Mortgage Rate Floor

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🇨🇳 🇨🇳 BREAKING: China removed the floor on mortgage rates and lowered the minimum down payment ratios for individual homebuyers in its most drastic move to shore up the beleaguered property market

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China Data Misses

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🇨🇳 🇨🇳 BREAKING: China retail sales, investment data miss expectations in April. Retail sales rose by 2.3% in April from a year ago. That was less than the 3.8% increase forecast by a Reuters poll, and slower than the 3.1% pace reported in March

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BofA Still Sees First Cut In Dec

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🚨 🚨 Bank of America continue to expect the first Fed rate cut in December

We said the same thing

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Make Money From SpaceX

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🛰️ 🛰️ Starlink, a unit of Musk’s rocket-ship endeavor SpaceX, operates more than 5,000 satellites that provide high-speed internet to close to 2.5 million people in places that, until recently, couldn’t easily access the web. Make Money From SpaceX Through An Exchange Traded Fund (ETF). Talk To Us Now

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Dow Jumps To New Record

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🚨 🚨 BREAKING: Dow rises to 40,000 for the first time

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China Offloads USTs

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🇨🇳 🇨🇳 Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period

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Fast Food: Make 44%

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🚨 🚨 RBC has turned bullish on a fast food stock wich it says can climb 44% over the next 12 months. Valuation looks attractive at 22% below its 5-year average. Talk To Us Now

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