Mining stocks could rebound with help from Trump and China
The backdrop for miners is ready to brighten in the second half of this year. They just need a resolution of the trade war between the US and China to light a fire under their stocks. Metal prices and mining equities have been at the mercy of trade headlines all year, and business fundamentals have a taken a back seat. To be sure, easier central bank policies around the world have helped some metals, especially gold and silver. But a resolution of the trade tension between US and China – or at least some steps to bring down the temperature – could prove the ultimate catalyst for the metals and mining complex.