Inflation Reduction Act (IRA)

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Inflation Reduction Act (IRA) that act is 100% certain to give specific domestic sectors a major boost.

In fact, one of my close contacts told me he’s seeing a lot of new manufacturing projects in the Midwest.

“They are all centered on provisions set out in the IRA passed back in August,” he said. “Some very interesting dynamics going on here.”

Some of the domestic sectors I’m watching are:

  • Rare earths production,

  • Industrial metals production and mining,

  • And investments in battery technology, infrastructure, and energy.

To take advantage of this, consider buying the SPDR S&P Metals & Mining ETF (XME).

It’s an exchange-traded fund focused on U.S. metals and mining stocks. And it holds industry heavy-hitters like Cleveland-Cliffs (CLF) and Freeport-McMoRan (FCX).

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