https://www.cnbc.com/2025/06/05/aut...as-chinas-rare-earth-curbs-start-to-bite.html
Auto industry sounds the alarm as China’s rare earth curbs start to bite
Several European auto supplier plants and production lines have already been shut down due to China’s recent export controls, according to Europe’s auto supplier association CLEPA, with the group warning of more outages as inventories deplete.
The Global economy is clearly in the toilet and has been for some time and yet markets are heading for new highs? Meanwhile the billionaires and the "smart money" have been selling all the way up while retail has been buying in, and not just "buying" in but borrowing to do so? lol.
While I have always maintained the possibility we see new highs before the collapse phase of this crash begins (we just won't see a "melt up") "covid traders" think this is the set up for a "new" bull market? hahaha. Its a set up alright but note quite what they think:
P.S. I was worried for my new "covid friend" @ttroy but realized according to his own posting history he has never actually held anything, so he will be fine.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-22839
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