OOPS! Investors haven’t been this bearish in 30yrs, BofA poll shows. 82% of fund managers expect the global economy to weaken, and a record number intend to reduce exposure to US equities. BUT “peak fear” is not yet reflected in cash allocations, which currently stands at 4.8% of… pic.twitter.com/k8xzjB6z4K
— Holger Zschaepitz (@Schuldensuehner) April 15, 2025
BofA FMS: Recession expectations rise to 4th highest level in past 20 years pic.twitter.com/prjP5oUUvf
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) April 15, 2025
Citi U.S. Earnings Revisions Index continues its decline and remains in negative territory for the 17th consecutive week pic.twitter.com/hELQj1ZUa7
— Liz Ann Sonders (@LizAnnSonders) April 15, 2025
I hate to sound like a broken record but people do not realize how severe this is.
The entire modern economy is built on rare earth minerals.
Everything.
Defense, medical equipment, cars, phones, industrial tools. Everything.
China has 95% of the world’s refining capacity… pic.twitter.com/vmzqEJFJxd
— Spencer Hakimian (@SpencerHakimian) April 14, 2025
People are not appreciating what this means.
You cannot build weapons, drones, radars, cars, smartphones, laptops, MRI machines, CT scans, etc. without rare earth minerals.
China has a >95% control over these minerals and their refinement, and has chosen to stop exporting… pic.twitter.com/OzJUFheBia
— Spencer Hakimian (@SpencerHakimian) April 14, 2025
BOFA’S LATEST FMS SHOWS SENTIMENT TURNING SHARPLY BEARISH ON THE U.S. ECONOMY.
A net 89% of investors expect U.S. growth to slow near term, while only 4% see China weakening, thanks to stimulus hopes. Allocation to U.S. equities fell a record 53 points over two months, now at…
— Wall St Engine (@wallstengine) April 15, 2025
Nomura: largest foreign outflows from US equities in history pic.twitter.com/dnmSGRE1en
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 15, 2025
China has stopped shipping some heavy rare earth metals and magnets critical to US production of everything from cellphones to fighter jets as Beijing’s trade war with Washington simmers, leaving American industry in a bind.
Effective April 3, China is no longer exporting seven heavy rare earth metals processed exclusively in the Asian power, as well as heavy rare earth magnets — of which about 90% of the world’s supply are also synthesized on Beijing’s territory.
The export halt applies to all countries, but access to elements like dysprosium and yttrium is critical to US industry — especially in the tech, electric vehicle, aircraft and defense sectors, according to Drew Horn, who served as the top US official on strategic minerals and energy supply chain development in President Trump’s first administration
“Rare earths are in everything,” he told The Post Monday, singling out “the EV and auto space … [and] everything from cellphones, defense key components, [and] space travel.”
“China,” Horn added, “has essentially created an all-powerful monopoly with them.”