🧠 When to Sell Stocks

Markets cheer Nvidia’s monster earnings, U.S.-China trade talks stall again, and a new tax bill could reshape global investment. Plus, we break down the best strategy for taking RMDs and BlackRock’s big move on Circle’s IPO.

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Good Morning.

Happy Friday! 

In today’s newsletter: Markets cheer Nvidia’s monster earnings, U.S.-China trade talks stall again, and a new tax bill could reshape global investment. Plus, we break down the best strategy for taking RMDs and BlackRock’s big move on Circle’s IPO.

Grab your Iced Latte and let’s get into it. šŸ‘‡ļø 

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Markets

šŸ“ˆ Stocks Rise as Investors Digest Strong Nvidia Results
Stocks edged higher Thursday as markets balanced tech optimism with trade policy uncertainty. The S&P 500 and Nasdaq rose 0.4%, while the Dow gained 0.3%, helped by a strong rally in Nvidia following a 69% revenue surge. Nvidia’s results lifted broader tech sentiment, though gains cooled as legal battles over Trump's tariff powers added fresh uncertainty. An appeals court temporarily paused a ruling that had struck down key tariffs, keeping investors on edge.

šŸ’” The Best Time to Sell Your Stocks
A reader asks Ben Carlson whether it’s better to take monthly distributions, wait until year-end, or sell during historically strong market months. While there's no one-size-fits-all answer, the key takeaway is this: the market tends to rise over time, so selling slowly may offer better long-term outcomes, both financially and emotionally.

 šŸ‡ØšŸ‡³ US-China Talks ā€˜Stalled,’ Pushes for Trump-Xi Call
Trade discussions between the U.S. and China have hit a standstill, according to Treasury Secretary Scott Bessent. He emphasized that further progress may require direct communication between Presidents Trump and Xi. Despite recent tariff de-escalations, tensions are rising again, particularly after the U.S. moved to revoke some Chinese student visas, a decision China has criticized as discriminatory.

😨 U.S. foreign tax bill sends jitters across Wall Street
As Trump’s tariffs face legal scrutiny, a new front may open in U.S. economic policy, the tax code. The ā€œOne Big Beautiful Bill Act,ā€ now awaiting Senate approval, proposes major tax hikes on foreign investors from countries with levies like digital services taxes targeting U.S. tech firms. Section 899 could escalate trade tensions into a 'capital war,' with banks warning it risks reducing the appeal of U.S. assets and straining global investment ties.

šŸ‘€ BlackRock eyes 10% stake in Circle's IPO
BlackRock is reportedly eyeing a 10% stake in Circle’s $624 million IPO, signaling strong institutional interest in the USDC issuer. Ark Invest, led by Cathie Wood, is also set to invest $150 million, according to Bloomberg. Demand appears high, with orders far exceeding the available 24 million Class A shares launched May 27. Circle, behind the $60.9B USDC stablecoin, says it’s not for sale despite past acquisition rumors.

Quick Links

šŸ›¢ļø Oil Poised for Small Weekly Loss Ahead of OPEC+ Supply Decision.
šŸ‘” Shein’s embattled IPO signals mounting troubles for fast fashion giant.
šŸŖ– Trump aims to boost Taiwan arms sales further.
🚢 Court Rules Trump's Tariffs Can Stay On, For Now.
🄶 The global economy's trade paralysis.
šŸ¦ SEC drops suit against Binance.
āœļø Grammarly secures $1B in nondilutive funding.

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