Soaring Russian Oil Imports Drag OPEC’s Market Share In India To Record Low
ZeroHedge - Apr 19th 2024 7:20pm EDTSoaring Russian Oil Imports Drag OPEC’s Market Share In India To Record Low Authored by Tsvetana Paraskova via OilPrice.com, Russia was India’s single largest oil supplier for a second consecutive fiscal year, as surging imports of Russian crude dragged down the share of OPEC and Middle East supply to India to a record low, Reuters reported on […]
“Defund NPR Act” Introduced In House Over Bias, “Radical, Left-Wing Activist” CEO
ZeroHedge - Apr 19th 2024 7:00pm EDT“Defund NPR Act” Introduced In House Over Bias, “Radical, Left-Wing Activist” CEO Rep. Jim Banks (R-IN) has introduced the “Defund NPR Act” to pull federal funds from National Public Radio, after veteran journalist Uri Berliner – who resigned this week following a suspension for penning a scathing article which exposed the network’s far-left bias, including […]
Huge Blast Rocks Iraq Base Used By Iran-Linked Militias
ZeroHedge - Apr 19th 2024 6:50pm EDTHuge Blast Rocks Iraq Base Used By Iran-Linked Militias Reuters is reporting a “massive” blast at an Iraqi base used by Iran-linked militias south of Baghdad in the overnight hours (local). “A huge blast rocked a military base used by Iraq’s Popular Mobilization Forces (PMF) to the south of Baghdad late on Friday,” army sources […]
The World’s Economic Myths Are Hitting Their Limits
ZeroHedge - Apr 19th 2024 6:00pm EDTThe World’s Economic Myths Are Hitting Their Limits Authored by Gail Tverberg via Our Finite World blog, There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests that the transition to a new Green Economy is not progressing as well […]
Living On Uneasy Street
ZeroHedge - Apr 19th 2024 5:20pm EDTLiving On Uneasy Street Authored by Charles Hugh Smith via OfTwoMinds blog, It’s nice to anticipate sunny weather, but it’s a good idea to carry an umbrella just in case the forecasts prove overly optimistic. Yes, the market will rally if World War III didn’t start last night. The market will also rally if World War […]
US Domestic Bank Deposits Drop For Second Straight Week
ZeroHedge - Apr 19th 2024 4:44pm EDTUS Domestic Bank Deposits Drop For Second Straight Week On the heels of a major deposit outflow the week before, and a huge (record) money-market fund outflow last week, all eyes are back on the banks again on Friday evening to see if this ‘flight’ continues as Tax-Day drags cash away from its comfy-5%-earnings-spots. On […]
Down With Big Brother: Warrantless Surveillance Makes A Mockery Of The Constitution
ZeroHedge - Apr 19th 2024 4:20pm EDTDown With Big Brother: Warrantless Surveillance Makes A Mockery Of The Constitution Authored by John and Nisha Whitehead via The Rutherford Institute, “Whether he wrote DOWN WITH BIG BROTHER, or whether he refrained from writing it, made no difference … The Thought Police would get him just the same … the arrests invariably happened at […]
Tech Wrecks As FedSpeak F**ks FOMO-Followers; Gold Hits New Record High
ZeroHedge - Apr 19th 2024 4:00pm EDTTech Wrecks As FedSpeak F**ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly… In a week characterized by data supporting ‘no landing’ from a growth perspective and disappointment from a disinflation perspective… Source: Bloomberg This was reinforced by FedSpeak that was without exception – hawkish! As they suddenly realized that all that ‘pivot’ […]
Climate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself
ZeroHedge - Apr 19th 2024 3:43pm EDTClimate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself Authored by Joakim Book via The Mises Institute, I live in a small village at the edge of lands surrounded by very harsh nature. Those who occupied these valleys in ages past lived ruthlessly dangerous lives, where starvation was a constant worry, the sea just […]
Nike “Permanently” Laying Off 740 Employees At World Headquarters
ZeroHedge - Apr 19th 2024 3:20pm EDTNike “Permanently” Laying Off 740 Employees At World Headquarters US athletic footwear and apparel company Nike announced late in the cash session on Friday that it is undergoing a restructuring effort to trim costs at its World Headquarters (WHQ) located in Beaverton, Oregon. Michele Adams, VP of People Solutions at Nike, might be the most hated person at […]
How Big Tech Is Consuming America’s Electricity And Water
ZeroHedge - Apr 19th 2024 3:00pm EDTHow Big Tech Is Consuming America’s Electricity And Water Authored by Kevin Stocklin via The Epoch Times (emphasis ours), As federal net-zero policies attempt to shift transportation, heating, and other essentials onto the electric grid, one of the hottest growth sectors of America’s economy is poised to increase electricity demand exponentially, further straining an energy […]
A Chart To Think About
ZeroHedge - Apr 19th 2024 2:20pm EDTA Chart To Think About Authored by Peter Tchir via Academy Securities, For all the “big tech”, momentum, hype; for all the “all-time highs”; this has not been a great year for tech… Based on closing prices, the only day since January 19th, that you could have bought the Nasdaq 100 index and be profitable, […]
Shocking Video Shows Man Engulfed In Flames Outside Trump Trial In NYC
ZeroHedge - Apr 19th 2024 2:07pm EDTShocking Video Shows Man Engulfed In Flames Outside Trump Trial In NYC Update (1440ET): “Latest: A man lit himself on fire outside courthouse where Trump trial underway, NYPD officials brief within hour. CNN team on the ground observed one of the flyers – it said “NYU is a mob front” and had various allegations of […]
Freedom Caucus Posts Rotating Guard To Block Sneaky Leadership Moves
ZeroHedge - Apr 19th 2024 1:45pm EDTFreedom Caucus Posts Rotating Guard To Block Sneaky Leadership Moves In a sign of growing discord among House Republicans, members of the Freedom Caucus are taking turns monitoring the House floor to prevent the GOP leadership from using sneaky procedural tactics to sap the power of increasingly rebellious conservatives. Specifically, they’re wary that party leaders […]
Watch: Migrants Complain That New Yorkers Don’t Learn African Languages
ZeroHedge - Apr 19th 2024 1:25pm EDTWatch: Migrants Complain That New Yorkers Don’t Learn African Languages Authored by Steve Watson via Modernity.news, A hearing held earlier this week in New York by the Council’s immigration and hospital committees saw black migrants who have arrived in the city airing their grievances about public services they have been provided, including food and accommodation, […]
5 Things You Didn’t Know About Bitcoin Halvings & BTC Price
ZeroHedge - Apr 19th 2024 12:45pm EDT5 Things You Didn’t Know About Bitcoin Halvings & BTC Price Every four years, the Bitcoin community celebrates the Bitcoin halving. Many BTC market analysts view this as a quadrennial milestone event due to its historically bullish impact on the cryptocurrency market as a whole. A key component of Bitcoin’s design is its periodic halving, […]
A Very Ugly Week For The Nasdaq, A Terrible Week For Semiconductors
ZeroHedge - Apr 19th 2024 11:45am EDTA Very Ugly Week For The Nasdaq, A Terrible Week For Semiconductors It’s been a very ugly week for momentum names, but since these days that really means AI and/or mega tech, we can just saw this has been a very ugly week for the Nasdaq. And sure enough, with the QQQs down 0.4%, the […]
The Haven-Volatility Dog Has Not Yet Barked
ZeroHedge - Apr 19th 2024 11:25am EDTThe Haven-Volatility Dog Has Not Yet Barked Authored by Simon White, Bloomberg macro strategist, Implied volatility of traditional havens such as the Swiss franc and US Treasuries remains remarkably subdued despite the situation in the Middle East, even as the former has outperformed most other havens, including the dollar. However, vol is beginning to pick up, […]
US Vetoes Palestinian Bid For Full UN Membership
ZeroHedge - Apr 19th 2024 10:05am EDTUS Vetoes Palestinian Bid For Full UN Membership Authored by Dave DeCamp via AntiWar.com, The US has vetoed a UN Security Council resolution that would have granted Palestine status as a full UN member state, a move that goes against President Biden’s claim that he favors a two-state solution. The US was the only member of the […]
Trump Media Stock Spikes After CEO Pens “Naked” Short Letter
ZeroHedge - Apr 19th 2024 9:46am EDTTrump Media Stock Spikes After CEO Pens “Naked” Short Letter Shares of Trump Media spiked on Friday after the company alerted the Nasdaq to ‘potential market manipulation’ from ‘naked’ short selling of its stock. The warning came as the company, which trades under the symbol $DJT, offered shareholders detailed instructions on how to prevent someone […]
Thought Police: Home Visit For UK Man Who Expressed Anger Online About Sydney Bishop Being Stabbed by Islamist
ZeroHedge - Apr 19th 2024 9:40am EDTThought Police: Home Visit For UK Man Who Expressed Anger Online About Sydney Bishop Being Stabbed by Islamist Authored by Paul Joseph Watson via Modernity.news, A video out of the UK shows a man being visited at home by two police officers and an NHS psychologist after he expressed anger online about the stabbing of […]
Police Surround Iran Consulate In Paris Where Man Threatens To Blow Himself Up
ZeroHedge - Apr 19th 2024 8:40am EDTPolice Surround Iran Consulate In Paris Where Man Threatens To Blow Himself Up A major police and emergency response is ongoing outside the Iranian consulate in Paris on Friday, where a man is reportedly threatening to blow himself up in what’s possibly some kind of hostage standoff. Police are asking the public to avoid the […]
Economic Warning From The NFIB
ZeroHedge - Apr 19th 2024 8:20am EDTEconomic Warning From The NFIB Authored by Lance Roberts via RealInvestmentAdvice.com, The latest National Federation of Independent Business (NFIB) survey was an economic warning that departed widely from more robust governmental reports. In a recent analysis of small businesses, we discussed the importance those business owners play in the economy. “It is crucial to understand that small […]
Futures Reverse All Losses, Oil Slides After Iran Plays Down Israeli Attacks, Signals No Retaliation
ZeroHedge - Apr 19th 2024 8:05am EDTFutures Reverse All Losses, Oil Slides After Iran Plays Down Israeli Attacks, Signals No Retaliation While US futures are still modestly in the red, they are not only well off the worst overnight levels, but they are almost unchanged since yesterday’s close following a performative Israeli retaliation. which followed a performative Iranian attack, which appears […]
The Great Firewall: China Orders Apple To Remove WhatsApp, Threads From App Store
ZeroHedge - Apr 19th 2024 7:45am EDTThe Great Firewall: China Orders Apple To Remove WhatsApp, Threads From App Store The Cyberspace Administration of China asked Apple on Friday to remove Meta Platforms’ WhatsApp and Threads from its App Store in China due to national security concerns. Signal and Telegram—two foreign messaging apps—were also removed from the Chinese App Store. The removal of the four apps comes […]