McElligott: Shhh… It’s Working
ZeroHedge - Mar 24th 2020 10:55am EDT McElligott: Shhh… It’s Working One man’s fake market is another man’s blast off rally. On the same day Rabobank’s Michael Every asked rhetorically what’s the point of having a market if the Fed is backstopping everything in what is a de facto nationalization of risk, Nomura’s Charlie McElligott is focused on a more practical aspect […]
Forced Socialism In America And The CCP’s Accession
Infowars - Mar 24th 2020 10:53am EDTinfowars.com/show
Texas Lt. Gov: “Lots of Grandparents” Willing to Risk Dying of Coronavirus to Save Economy
Infowars - Mar 24th 2020 10:50am EDT“Let’s give this a few more days or weeks, but after that, let’s go back to work and go back to living,” he says
Back To Work By End Of March? Kudlow Pushes To Reopen Economy In Non-“Hot-Zones”
ZeroHedge - Mar 24th 2020 10:41am EDT Back To Work By End Of March? Kudlow Pushes To Reopen Economy In Non-“Hot-Zones” As Bob Luddy writes in The Spectator, “America has no choice [but to reopen for business soon] if it is to avoid total disaster…” China and Russia are open for business and working at close to capacity, as America shutters most […]
Richmond Fed Business Survey Shockingly Rises… Here’s Why
ZeroHedge - Mar 24th 2020 10:27am EDT Richmond Fed Business Survey Shockingly Rises… Here’s Why The Richmond Fed Business Survey smashed expectations today – printing an expansionary +2, from February’s -2 – massively better than the -13 print expected… Source: Bloomberg The reason for this shocking beat is not optimism… or a sign of a corner being turned… it is purely technical […]
COVID-19 Exposes Americans’ Financial Irresponsibility
ZeroHedge - Mar 24th 2020 10:22am EDT COVID-19 Exposes Americans’ Financial Irresponsibility Authored by Kristin Tate, op-ed via TheHill.com, How long could you sustain your household if you were to stop earning income? If you are like most Americans, the answer is not for long. Only 40 percent of Americans can afford an unexpected $1,000 expense with their savings. In fact, nearly 80 percent of workers […]
New Home Sales Tumble In March, Despite Plunging Mortgage Rates
ZeroHedge - Mar 24th 2020 10:09am EDT New Home Sales Tumble In March, Despite Plunging Mortgage Rates It seems the collapse in the stock market and overall global sentiment in the last few weeks has overwhelmed any ‘value’ seen from leveraging lower mortgage rates. New Home Sales plunged 4.4% MoM (from an upwardly-revised 10.5% MoM surge in February) Source: Bloomberg Based on […]
Nancy Pelosi “Optimistic” A Deal On $2.5 Trillion Stimulus Bill Can Be Reached “In A Few Hours”
ZeroHedge - Mar 24th 2020 10:03am EDTNancy Pelosi “Optimistic” A Deal On $2.5 Trillion Stimulus Bill Can Be Reached “In A Few Hours” During one of her famous phone interviews with CNBC host Jim Cramer, House Speaker Nancy Pelosi assured investors that there’s “real optimism that we could get something done” in the next few hours on the $2.5 trillion coronavirus […]
US Domestic Flights Could Completely Shut Down Due To Pandemic
ZeroHedge - Mar 24th 2020 10:02am EDT US Domestic Flights Could Completely Shut Down Due To Pandemic Virtually all domestic passenger flights in the US could be halted due to COVID-19, as major US airlines have been drafting plans for a voluntary shutdown – while government agencies have been considering an order to do so anyway, according to the Wall Street Journal. […]
US Services Economy Collapses At Record Pace, Signal 5% GDP Plunge
ZeroHedge - Mar 24th 2020 9:54am EDT US Services Economy Collapses At Record Pace, Signal 5% GDP Plunge Following disastrous PMI prints across Europe (and China last month), preliminary March US Manufacturing and Services data was expected to plunge notably into contraction (having already tumbled in February).. and they both did… US Manufacturing PMI dropped to 49.2 (contraction) – a 127-month low […]
It’s Not “Just The Flu”: Here’s Why You Definitely Don’t Want To Catch COVID-19…
ZeroHedge - Mar 24th 2020 9:45am EDT It’s Not “Just The Flu”: Here’s Why You Definitely Don’t Want To Catch COVID-19… Authored by Michael Snyder via TheMostImportantNews.com, Can you imagine being in “blinding pain” for weeks, constantly gasping for air as you feel like you are being suffocated, and screaming for mercy because you are in so much constant torment? As you […]
Musk Cops Out On Tesla Making Ventilators, Buys Them From China Instead
ZeroHedge - Mar 24th 2020 9:30am EDT Musk Cops Out On Tesla Making Ventilators, Buys Them From China Instead Man, Elon Musk and China sure are getting along very well over the last couple years… Not just content with trying to get some good PR by sticking his nose into another humanitarian crisis (after failing to fix the Flint Water crisis, the […]
Futures Hit Limit Up, Treasuries Extend Drop As $2 Trillion Stimulus Deal Nears
ZeroHedge - Mar 24th 2020 9:16am EDT Futures Hit Limit Up, Treasuries Extend Drop As $2 Trillion Stimulus Deal Nears US equities hit ‘limit up’ in pre-market trading on Tuesday on news that the Senate and the White House are close to an agreement on a $2 trillion coronavirus aid package which was delayed after Democrats held it hostage for a wish […]
Watch Live: CASHLESS – Gov’t Talks Handouts With Digital Dollars
Infowars - Mar 24th 2020 9:13am EDTDemocrats use coronavirus stimulus bill as cover for new monetary plan.
Rabobank: Many Are Questioning The Point Of Having A Market If The Fed Is Backstopping Everything
ZeroHedge - Mar 24th 2020 9:05am EDTRabobank: Many Are Questioning The Point Of Having A Market If The Fed Is Backstopping Everything Submitted by Michael Every of Rabobank Although Powell was still reluctant to call the Fed’s bond purchases quantitative easing last week, the FOMC has now confirmed that they will have no limits when purchasing US Treasuries. An increase of […]
Coronavirus Causes Gun Buying Panic in Hungary
Paul Joseph Watson - Mar 24th 2020 9:04am EDTFearing the potential breakdown of law and order as a result of the coronavirus, Hungarians are panic buying guns, with one store reporting a five fold increase in sales. “We are selling five times as much as in a normal March,” Gabor Vass, a gun store owner in Budapest, told Al Jazeera. “We could sell […]
S o T o S p e a k | Ep. 395 | Fully Digitized GloboHomo Communism
- Mar 24th 2020 9:04am EDT It’s official. The Deep State Globalist Elite want to ban cash. I predicted thith!!! Senate Democrats voted down a what would have been anuddah bailout yesterday because it didn’t do nearly enough to satisfy their appetite for money printing. Nancy Pelosi then proposed an alternative 1100 page bill in the House that would literally replace […]
Coronavirus Causes Gun Buying Panic in Hungary
Infowars - Mar 24th 2020 9:02am EDTOne store says they are selling five times as many firearms.
New York’s Javits Center Will Be A 2,000 Bed Hospital Within A Week
ZeroHedge - Mar 24th 2020 8:52am EDT New York’s Javits Center Will Be A 2,000 Bed Hospital Within A Week This week, the Jacob K. Javits center in New York City is being turned into a 1,000 bed hospital. That’s part of a plan to eventually turn it into a 2,000 bed hospital, according to Bloomberg. Governor Andrew Cuomo has proposed that […]
1929 Redux – This Is Not Your Ordinary Crisis
ZeroHedge - Mar 24th 2020 8:35am EDT 1929 Redux – This Is Not Your Ordinary Crisis Authored by Sven Henrich via NorthmanTrader.com, When a house is on fire nobody has time to think about the future. All effort is on extinguishing the fire and save what’s left. That’s the Fed’s role right now dousing the burning economy and market duplex with zero […]
S&P Futures Hit Limit Up As Dollar Tumbles, Gold Soars
ZeroHedge - Mar 24th 2020 8:20am EDT S&P Futures Hit Limit Up As Dollar Tumbles, Gold Soars With the market losing all gains since the Trump election on Monday, on Tuesday we may see Dow 20,000 again today (assuming this rally continues). The last time Dow 20K hit: the start of 2017. One day after futures hit limit down to start the […]
As Default Risk Soars, GM Draws Down $16 Billion From Credit Lines, Suspends Guidance
ZeroHedge - Mar 24th 2020 8:15am EDT As Default Risk Soars, GM Draws Down $16 Billion From Credit Lines, Suspends Guidance The credit market is pricing the odds of default for General Motors at 49% as the economic collapse triggered by COVID-19 mitigation ripples through almost every industry. And so, like many other companies, GM is erring on the side of more […]
Legalize Drunk Driving
Amerika.org - Mar 24th 2020 8:02am EDT When you come to the realization that modernity has failed, suddenly all of the assumptions based on modernity being good also fail. For example, we take it as gospel truth that drunk driving is bad, should be illegal, and should be brutally punished. The only glitch with that seems to be that it does not […]
US Reports Largest Jump In COVID-19 Cases, Deaths; Japan Delays Tokyo Games Until 2021: Live Updates
ZeroHedge - Mar 24th 2020 8:02am EDT US Reports Largest Jump In COVID-19 Cases, Deaths; Japan Delays Tokyo Games Until 2021: Live Updates Summary: US reports more than 10k new cases in largest daily jump yet Number of new coronavirus cases confirmed over last 2 days largest yet Alaska orders visitors to quarantine US records more than 100 deaths in a day […]
“European PMIs are… Well, There Is No Word For That!”
ZeroHedge - Mar 24th 2020 7:41am EDT “European PMIs are… Well, There Is No Word For That!” Submitted by Christopher Dembik of Saxo Bank Speechless. March statistics are very ugly everywhere in Europe. German Flash manufacturing PMI is out at 45.7 and services PMI is falling at 34.5 (yes, 34.5!!!). The below chart is the first of many others that will look […]
