____________________________________________________________________________________
Tuesday, July 8th
“The truth that makes men free is for the most part the truth which men prefer not to hear.”
– Zygmunt Bauman
____________________________________________________________________________________
Markets Today
🌏 Asia-Pacific: Up
🇪🇺 Europe: Up
🇺🇸 United States: Mixed
🛢️ Oil: Up
⚡Crypto: Up
____________________________________________________________________________________
____________________________________________________________________________________
Major Market Events
- Trump unveils 50% tariff on copper, threatens 200% duties on pharma — The new tariff push rattled markets, with copper prices spiking to all-time highs. Trump also floated a timeline for pharma companies to reshore supply chains.
- U.S. stocks steady after tariff whiplash — The Dow, S&P 500, and Nasdaq paused their slide as traders digested the impact of escalating trade tensions.
- Copper hits all-time high — Industrial metals rallied after Trump’s announcement, as investors brace for supply constraints and geopolitical friction.
🤔 My Thoughts
You ever look around and think… “Why the hell does it feel like I’m making less money than I used to?”
Well — you are.
Since January 2020, we’ve lost 25% of our purchasing power.
That’s not some wild, outlandish conspiracy. It’s real math.
If you were making $100K a year back then…
Today, you’d need to make $124,353 just to break even.
And don’t even get me started on condo fees.
I’ve got friends who own places with HOA fees north of $1,000 a month.
For what? Landscaping and pool rules?
You can work hard, do everything “right,” and still feel like you’re falling behind.
That’s not your fault. That’s the system.
But here’s the good news:
We can’t fix inflation — but we can find ways to beat it.
If you haven’t joined us yet… we’re getting together every weekday at 11am Eastern for Profit Panel.
A no-nonsense daily show to give you our best market insights and trading tips.
No fluff. Just a sharp team, real insights, and the kind of trade ideas that help close the gap.
👉 Register here to join us live weekday mornings
To Better Trading,
Alex Reid
____________________________________________________________________________________
