News From ZeroHedge, Page 2362

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  • 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 […]

  • How Bill Gates’ Carefully Curated “Tech Savior” Image Unraveled

    ZeroHedge - May 21st 2021 7:14am EDT

    How Bill Gates’ Carefully Curated “Tech Savior” Image Unraveled For millions of Americans, the outpouring of negative stories about Bill Gates – allegations of an improper adulterous relationship with a Microsoft employee, his stubborn insistence on standing by Jeffrey Epstein, Melinda Gates’ years-long plotting to divorce him – may have taken them by surprise. Thanks […]

  • Dillian: The Case For Gold

    ZeroHedge - May 21st 2021 6:30am EDT

    Dillian: The Case For Gold Authored by Jared Dillian via MauldinEconomics.com, I have been making the investment case for gold since 2005. That was the point that the first physical gold ETF was listed, and I bought some. Then I bought some more, then I bought some more, and now I have it coming out […]

  • JPMorgan Bankers Return To The Office As NYC Subway Returns To 24-7 Service

    ZeroHedge - May 21st 2021 5:45am EDT

    JPMorgan Bankers Return To The Office As NYC Subway Returns To 24-7 Service After more than a year of working remotely, the big day has finally arrived. For thousands of JP Morgan employees, May 17 isn’t only significant because of the tax deadline, but because CEO Jamie Dimon announced last month that employees would start […]

  • Greta Crestfallen After ‘World’s Largest Iceberg’ Turns Out To Be Part Of Normal Cycle

    ZeroHedge - May 21st 2021 4:15am EDT

    Greta Crestfallen After ‘World’s Largest Iceberg’ Turns Out To Be Part Of Normal Cycle It was inevitable that climate change warrior Greta Thunberg would be tweeting about an enormous ice slab nearly the size of Majorca, one of Spain’s Balearic Islands in the Mediterranean, calved off an Antarctic ice shelf and was spotted by satellites […]

  • The Tightening Of The NATO Noose

    ZeroHedge - May 21st 2021 3:30am EDT

    The Tightening Of The NATO Noose Authored by Brian Cloughley via The Strategic Culture Foundation, NATO’s military noose round Russia’s borders is being tightened in order to force Moscow to react to surging provocation… One of the most recent developments on the NATO front line was a meeting of the so-called ‘Bucharest Nine’ which the […]

  • Dogs More Effective Than PCR Tests At Detecting COVID

    ZeroHedge - May 21st 2021 2:45am EDT

    Dogs More Effective Than PCR Tests At Detecting COVID Scientists and public health officials have been looking at all different kinds of alternatives to individual rapid COVID-19 tests to detect the presence of the virus, and in their search, they’ve landed on some strange alternatives. Some have resorted to testing poop in public sewers to […]

  • Anti-Israel Protests Across Europe Descend Into Anti-Semitism

    ZeroHedge - May 21st 2021 2:00am EDT

    Anti-Israel Protests Across Europe Descend Into Anti-Semitism Authored by Soeren Kern via The Gatestone Institute, Pro-Palestinian demonstrations in cities across Europe have descended into unrestrained orgies of anti-Semitism after protesters opposed to Israeli military action in the Gaza Strip openly called for the destruction of Israel and death to Jews. The protesters, numbering in the […]

  • Brandon Smith: There Will Never Be A “Woke” US Military, Here’s Why…

    ZeroHedge - May 21st 2021 12:00am EDT

    Brandon Smith: There Will Never Be A “Woke” US Military, Here’s Why… Authored by Brandon Smith via Alt-Market.us, The social justice cult never sleeps, they are forever “woke”, and they want to own the US military. They want it so bad they are frothing at the mouth over it. Whether or not they actually get […]

  • First Images Of China Rover On Mars Released 

    ZeroHedge - May 20th 2021 11:00pm EDT

    First Images Of China Rover On Mars Released  The next battleground between the US and China is Mars. While space has always been a domain for superpower rivalry, the China National Space Administration (CNSA) successfully landed a rover, called Zhu Rong, on the Red Planet. Now two images have been sent back to Earth to show the success.  […]

  • Biden Hollows Out Trump-Era COVID Protections At The Border

    ZeroHedge - May 20th 2021 10:40pm EDT

    Biden Hollows Out Trump-Era COVID Protections At The Border Authored by Joseph Simonson via The Washington Free Beacon (emphasis ours), The Biden administration is preparing to gut COVID-19 safety restrictions on illegal immigrants and asylum seekers and essentially reverse the Trump administration’s pandemic health protections without public notice, according to documents circulating within U.S. Customs […]

  • Pentagon Marches Towards AI Taking The Kill Shot 

    ZeroHedge - May 20th 2021 10:20pm EDT

    Pentagon Marches Towards AI Taking The Kill Shot  Dozens of autonomous war machines capable of deadly force conducted a field training exercise south of Seattle last August. The exercise involved no human operators but strictly robots powered with artificial intelligence, seeking mock enemy combatants.  The exercise, organized by the Defense Advanced Research Projects Agency, a […]

  • Boom To Bust: How Inflation Turns Into Deflation

    ZeroHedge - May 20th 2021 10:00pm EDT

    Boom To Bust: How Inflation Turns Into Deflation Authored by Frank Shostak via The Mises Institute, In order to understand the effects of inflation it is helpful to understand that inflation is not a general rise in prices as such, but an increase in the supply of money which then sets in motion a general […]

  • Lawmakers Demand Reinstatement Of Space Force Officer Removed For Denouncing Critical Race Theory

    ZeroHedge - May 20th 2021 9:20pm EDT

    Lawmakers Demand Reinstatement Of Space Force Officer Removed For Denouncing Critical Race Theory Authored by Isabel van Brugen via The Epoch Times, A group of Republican lawmakers on Wednesday sent a letter to the acting secretary of the U.S. Space Force, urging him to immediately reinstate a lieutenant colonel who was relieved of his command after […]

  • Wharton Receives Anonymous $5 Million Bitcoin Gift

    ZeroHedge - May 20th 2021 9:00pm EDT

    Wharton Receives Anonymous $5 Million Bitcoin Gift Blink and you missed the biggest crypto crash since last March: having plunged as much as 40% on Wednesday, bitcoin is up 40% on Thursday almost wiping out all its previous day’s jarring losses, with ether up more than 50% off its lows. Which is good news not […]

  • Beware The Rise Of Scamerica

    ZeroHedge - May 20th 2021 8:40pm EDT

    Beware The Rise Of Scamerica Authored by Roibert Wright via The American Institute for Economic Research, Scams, frauds, flim flams, and grifts are nothing new to America. In fact, confidence games were old hat when Clifton Wooldridge published his 1906 classic, The Grafters of America: Who They Are and How They Work, which describes common cons in fin […]