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  • NHC Warns Of Potential Cyclone Over Western Gulf Of Mexico 

    ZeroHedge - May 21st 2021 2:44pm EDT

    NHC Warns Of Potential Cyclone Over Western Gulf Of Mexico  The upcoming 2021 Atlantic hurricane season is expected to be above average and officially begins on June 1. About 11 days to go until the season starts, the US National Hurricane Center (NHC) warned Friday morning of multiple weather systems, with one forming in the western Gulf of Mexico and […]

  • Buchanan: Did The GOP Just Dodge A Bullet?

    ZeroHedge - May 21st 2021 2:20pm EDT

    Buchanan: Did The GOP Just Dodge A Bullet? Authored by Pat Buchanan, When he took the floor of the Senate to reject the Democrats’ Jan. 6 Commission, Mitch McConnell may have salvaged his party’s chances to recapture the House in 2022. For that commission, being spun as a “bipartisan” effort to learn what “really happened” […]

  • “We’re Off To The Races”: Ford Secures 44,000 Reservations For Electric F-150 Just Hours After Reveal

    ZeroHedge - May 21st 2021 1:59pm EDT

    “We’re Off To The Races”: Ford Secures 44,000 Reservations For Electric F-150 Just Hours After Reveal While Tesla’s Cybertruck remains in limbo somewhere, Ford has already secured over 44,000 reservations for its new electric F-150 Lightning pickup truck, its CEO said on Friday. More than 44,500 reservations in less than 48 hours…and counting. The future is […]

  • Peter Schiff: Investors Are Starting To Worry The Fed Won’t Fight Inflation

    ZeroHedge - May 21st 2021 1:40pm EDT

    Peter Schiff: Investors Are Starting To Worry The Fed Won’t Fight Inflation Via SchiffGold.com, We’ve been talking about the inflation threat for months. But the markets have been acting as if the real threat is the Federal Reserve trying to fight inflation by tightening monetary policy. With every bit of inflation news, gold has sold off. But […]

  • Hedge Funds Had Another Dismal Quarter: Goldman Explains Why

    ZeroHedge - May 21st 2021 1:20pm EDT

    Hedge Funds Had Another Dismal Quarter: Goldman Explains Why Earlier today we pointed out the big highlight from the latest Goldman hedge fund tracker for Q1 2021, which is that after years of being the undisputed king, Amazon was finally dethroned from atop its throne at the top of the Hedge Fund VIP list and […]

  • Georgia Judge Decides To Unseal 2020 Absentee Ballots In Fulton County For Review

    ZeroHedge - May 21st 2021 1:00pm EDT

    Georgia Judge Decides To Unseal 2020 Absentee Ballots In Fulton County For Review Authored by Zachary Stieber via The Epoch Times (emphasis ours), A judge in Georgia on Friday ruled to unseal absentee ballots submitted in the 2020 presidential election. Employees of the Fulton County Board of Registration and Elections process ballots in Atlanta, Ga., […]

  • Tales From The Sh*tcoin Boom: “It’s Global, It’s 24/7 And It’s Completely Unregulated”

    ZeroHedge - May 21st 2021 12:39pm EDT

    Tales From The Sh*tcoin Boom: “It’s Global, It’s 24/7 And It’s Completely Unregulated” If Benjamin Graham were alive today, the flood of “investment” in bitcoin-knockoffs affectionately known as “sh*tcoins” probably would have killed him. By this point in the cycle, everybody in America seems to have a friend or a cousin who has made tens […]

  • DHS To Close 2 Migrant Detention Centers After Allegations Of Abuse

    ZeroHedge - May 21st 2021 12:18pm EDT

    DHS To Close 2 Migrant Detention Centers After Allegations Of Abuse Authored by Ivan Pentchoukov via The Epoch Times, The Department of Homeland Security (DHS) announced on Thursday that it will close two migrant detention centers, both of which face allegations of abuse. Secretary of Homeland Security Alejandro Mayorkas ordered Immigration and Customs Enforcement (ICE) to stop using […]

  • Axel Springer Nears Deal To Buy Axios As Traffic Slumps In ‘Post-Trump’ Era

    ZeroHedge - May 21st 2021 11:59am EDT

    Axel Springer Nears Deal To Buy Axios As Traffic Slumps In ‘Post-Trump’ Era Rumors about political news upstart Axios possibly combining with the sports-focused subscription media empire the Athletic in a SPAC deal were apparently off-base. Instead, German media conglomerate Axel Springer is reportedly on the cusp of acquiring Axios and adding it to its […]

  • Why Did Former FBI Director Freeh Give $100k To A Trust For VP Biden’s Grandkids In 2016?

    ZeroHedge - May 21st 2021 11:40am EDT

    Why Did Former FBI Director Freeh Give $100k To A Trust For VP Biden’s Grandkids In 2016? Authored by Thomas Lifson via AmericanThinker.com, Take it from the New York Times and Washington Post: nothing to see here, move along. Definitely not a bribe. Emails recovered from Hunter Biden’s abandoned laptop reveal that while Joe Biden […]

  • Land Scarcity Sparks Another Bottleneck For Housing Market 

    ZeroHedge - May 21st 2021 11:25am EDT

    Land Scarcity Sparks Another Bottleneck For Housing Market  Forget skyrocketing home building costs because there’s another more pressing bottleneck: buildable land scarcity.  According to Bloomberg, Ali Wolf, the Chief Economist at Zonda, which analyzes housing market data, said everyone knows about the supply-drive issues when sourcing raw materials for a build. Lumber prices have been driven […]

  • Confusing Market Crashes & Bear Markets

    ZeroHedge - May 21st 2021 11:04am EDT

    Confusing Market Crashes & Bear Markets Authored by Lance Roberts via RealInvestmentAdvice.com, Over the long term, confusing market crashes and bear markets can be detrimental to investor outcomes. Yet, this is what Morningstar did recently in discussing the market correction in 2020. To wit: “The market downturn caused by the COVID-19 pandemic was one of the most severe […]

  • Cryptos Tumble After China Again Vows Crackdown On Mining And Trading

    ZeroHedge - May 21st 2021 10:29am EDT

    Cryptos Tumble After China Again Vows Crackdown On Mining And Trading Another day, another attempt by China – where the receiption of the digital yuan has been a total disaster so far – to crash Crypto, with Reuters and Bloomberg reporting moments ago that just two days after the PBOC barred the use of crypto […]

  • Tim Cook Takes The Stand To Defend Apple Against Monopoly Accusations

    ZeroHedge - May 21st 2021 10:21am EDT

    Tim Cook Takes The Stand To Defend Apple Against Monopoly Accusations As tech regulators in Europe and the US work to challenge the monopolistic market power of American tech giants like Apple, Google, Facebook and Amazon, a key moment in one of the most closely watched corporate court battles in recent memory is about to […]

  • Boeing Stock Surges On Report Of 737 MAX Output Boost

    ZeroHedge - May 21st 2021 10:20am EDT

    Boeing Stock Surges On Report Of 737 MAX Output Boost Industry insiders tell Reuters Boeing is preparing to increase the output of its 737 Max jets to as many as 42 per month in fall 2022.  Shares in Boeing jumped more than 3% on the news that the troubled planemaker could be entering recovery after its Max planes […]

  • Existing Home Sales Unexpectedly Tumbled In April For 3rd Straight Month As Prices Soar

    ZeroHedge - May 21st 2021 10:08am EDT

    Existing Home Sales Unexpectedly Tumbled In April For 3rd Straight Month As Prices Soar After March’s mixed signals from the housing market (Pending and Existing sales down, New Home sales up), the first glimpse of April comes today with Existing home sales expected to rise modestly (+1.0%) from the 3.7% drop in March (and 6.3% […]

  • Rabo: The Sudden Meme Is That The Surge In Inflation We Had Been Seeing Is Now Over

    ZeroHedge - May 21st 2021 10:00am EDT

    Rabo: The Sudden Meme Is That The Surge In Inflation We Had Been Seeing Is Now Over By Michael Every of Rabobank Peace For Our Time I won’t apologize for recycling the clichéd old headline I use again today because minutes before beginning to write, a ceasefire went into effect between Israel and Hamas. Hopefully […]

  • Inflation Fears Soar As US PMIs Explode To New Record Highs In May

    ZeroHedge - May 21st 2021 9:54am EDT

    Inflation Fears Soar As US PMIs Explode To New Record Highs In May Following the surprisingly large surge in Services in April, May’s preliminary PMIs were expected to fade only modestly from record highs. But, despite US macro data dropping into the red for the first time since June 2020, Services exploded even higher and […]

  • Step Aside Amazon: There Is A New “Most Popular” Hedge Fund Darling Stock

    ZeroHedge - May 21st 2021 9:40am EDT

    Step Aside Amazon: There Is A New “Most Popular” Hedge Fund Darling Stock Overnight, Goldman has published its closely-watched quarterly hedge fund tracker report which breaks down the trends and themes as revealed by the latest batch of hedge funds 13F filings. While we will have a detailed breakdown in a subsequent post, one notable […]

  • White House Partners With Dating Apps In Vaccination Push 

    ZeroHedge - May 21st 2021 9:21am EDT

    White House Partners With Dating Apps In Vaccination Push  In a rather unorthodox way in incentivizing people to get vaccinated, the White House has tapped nine of the largest dating sites to offer perks and COVID badges to those who’ve been vaccinated against COVID-19, according to Axios.  Vaccinated users on Tinder, Hinge, OkCupid, BLK, Chispa, […]

  • The ‘Threat Board’ Is Looking Busy

    ZeroHedge - May 21st 2021 9:02am EDT

    The ‘Threat Board’ Is Looking Busy Authored by Bill Blain via MorningPorridge.com, “I don’t suppose it’s anything.. Are we expecting any planes from the East this morning?”  Markets are digesting what’s been a fascinating week in terms of swings, tensions and threats. Everything from Supply Chains, Taper and Inflation is on the radar as speculative […]

  • House Republicans Release COVID-19 Origins Report As Biden CDC Director Admits Lab-Leak ‘Possibility’

    ZeroHedge - May 21st 2021 8:39am EDT

    House Republicans Release COVID-19 Origins Report As Biden CDC Director Admits Lab-Leak ‘Possibility’ Republicans on the House Intelligence Committee led by Devin Nunes (R-CA) say there is “significant circumstantial evidence” that COVID-19 originated from a lab leak at the Wuhan Institute of Virology, according to a Wednesday report released obtained by Fox News. According to […]

  • Germany’s Price Pressures Show Worrisome Trend

    ZeroHedge - May 21st 2021 8:25am EDT

    Germany’s Price Pressures Show Worrisome Trend By Laura Cooper, Bloomberg reporter and Markets Live commentator Signs of an upbeat European services recovery are being captured in those headline May PMI prints. But it’s the German manufacturing report details that warrant caution – growing supply constraints could thwart the growth recovery and spur inflationary pressures. Both Germany and […]

  • Tesla Vehicles Banned From Some Chinese Government Compounds

    ZeroHedge - May 21st 2021 8:10am EDT

    Tesla Vehicles Banned From Some Chinese Government Compounds The ongoing saga that is the relationship between the CCP and Tesla has once again taken another “interesting” turn. Staff at some Chinese government officers were told this week not to park their Tesla cars inside of government compounds “because of security concerns over cameras installed on […]

  • Futures, Global Stocks Extend Gains To End Volatile Week

    ZeroHedge - May 21st 2021 7:56am EDT

    Futures, Global Stocks Extend Gains To End Volatile Week S&P index futures ticked higher on Friday, alongside European and Asian stocks, and building on Thursday’s strong gains as bullish investor sentiment got a boost from strong global PMI surveys while reflation fears faded. Oil climbed while treasury yields and the dollar were little changed. Dow […]