Jeremy Siegel, finance professor at Wharton, warns of China’s rare earth monopoly, suggests U.S. create strategic reserve. Trump threatens massive tariffs on China, causing stock market to lose $2 trillion. Majority of rare earth minerals mined in China, posing supply chain risk. Siegel confident trade conflict will be resolved. Market rebounds after Friday’s losses, S&P 500 up 1.2% on Monday.

Read more at CNBC

1. “Tesla shares surge as company reports record quarterly earnings, beating analysts’ expectations.”

2. “Federal Reserve announces plans to raise interest rates in effort to combat rising inflation and strengthen economy.”

3. “CDC issues new guidelines recommending Pfizer booster shots for all adults to increase protection against Covid-19 variants.”

4. “Apple unveils new line of products including iPhone 13 and Apple Watch Series 7 at highly anticipated annual event.”: Siegel says it’s ‘scandalous’ the U.S. doesn’t have a rare earths reserve