J.P. Morgan's $1.5 Trillion Dollar Plan: Everything You Need to Know

Okay, Steve, one last thing before you take off here.

Government investment in critical materials has been in the headlines and private investment is following suit.

JP Morgan announced a $ 1.5 trillion initiative related to industries that are critical to the economic security of the United States.

What should investors know about this initiative? >> Yes, so this was one that again really moved markets for critical materials when it was announced about a month ago.

It's been a busy six or eight weeks as critical materials are concerned.

Um JP Morgan stepped up and said it would finance, facilitate or invest directly in a number of different industries that are critical to national economic security.

Uh within this they have a 27 areas that they're willing to invest.

Uh specifically they call it nuclear energy as well as um critical materials mining and processing.

So what we've really seen from investors as we start to see these investments come out, this is by far the largest that we've seen from the private sector.

It's, you know, been many, many years now that we've started to see hyperscalers or those AI data centers really turn to nuclear energy.

Uh we've seen, as I mentioned, GM uh and other auto makers invest directly in uh uh battery metals or or the supply chain as it relates to battery metals.

Uh but what we've seen in this case is investors now are really starting to take notice.

Uh and we've seen uh record flows actually in the spat critical materials ETF ticker SETM uh and also our newly launched uh active metals and miners ETF ticker METL uh both provide significant critical materials exposure whereas the active strategy has a little bit more diversification in it as it relates to the uh the buildout of the grid and the infrastructure required for the you know really bringing in the supply chains as it relates to uh all things critical materials and I think this is a noticeable shift where we've seen investors still in in cases are you know focusing on uranium and copper but it's a much more broad approach and what we hear from advisers is that they like that approach because they don't necessarily have to pick you know any one market uh that will have winners and losers and I I think the the main takeaway that we've seen from all of these announcements is it's not just rare earths it's not just uranium or just copper uh where we're seeing uh investment come in it really is across the critical material spectrum