Source: View source · Bloomberg (Joe Deaux segment) · web

Why it's worth your time

Bloomberg puts numbers and names on the rare-earth chokehold trade: the week before Lutnick announced a $1.6B government commitment to USA Rare Earth, bankers at his former firm (now run by his sons) were raising $1.5B more for the same company privately, and the segment still asks whether the company can actually produce the magnets. A research lead on the China-dependency angle, not a call.