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  • Third Largest US Chicken Producer Runs Out Of Chicken Wings

    ZeroHedge - May 19th 2021 9:40pm EDT

    Third Largest US Chicken Producer Runs Out Of Chicken Wings At this point, shortages of everything from microchips to potato chips are forcing American businesses to adjust to higher prices and supply shocks, while consumers are forced to pay higher prices at the store. And while high commodity prices (which have come off their highs […]

  • US Stimulus Has Created A Boom… In China

    ZeroHedge - May 19th 2021 9:20pm EDT

    US Stimulus Has Created A Boom… In China Authored by Charles Hugh Smith via OfTwoMinds blog, Maybe maximizing corporate profits isn’t all that matters. Maybe national security and resilience matter, too, and if they do, then reshoring critical supply chains should be a higher priority than Corporate America’s (mostly tax-free) profits. As America’s trade deficit […]

  • Walgreens Closes 17 San Francisco Stores Due To “Out Of Control” Shoplifting

    ZeroHedge - May 19th 2021 9:00pm EDT

    Walgreens Closes 17 San Francisco Stores Due To “Out Of Control” Shoplifting The effects of allowing chaos to prevail in Democrat-controlled cities across America might not be evident to liberals and social justice warriors now, but when businesses close up, it’s going to be very transparent then.  According to the San Francisco Chronicle, 17 Walgreens Pharmacy […]

  • US Blocks Shipment Of Japanese Shirts On Suspicion They Were Made In Xinjiang

    ZeroHedge - May 19th 2021 8:39pm EDT

    US Blocks Shipment Of Japanese Shirts On Suspicion They Were Made In Xinjiang In the first confirmed case of US retaliation against allegations of Chinese quasi slavery, a shipment of shirts for Japan’s Uniqlo chain was blocked from entering the U.S in January on suspicion they were made with forced labor in China’s Xinjiang region. […]

  • Biden Condemns Erdogan’s Gaza Tirade As “Anti-Semitic” & “Reprehensible”

    ZeroHedge - May 19th 2021 8:20pm EDT

    Biden Condemns Erdogan’s Gaza Tirade As “Anti-Semitic” & “Reprehensible” On Monday Turkish President Recep Tayyip Erdogan gave a fiery speech to supporters which blasted Biden’s “inaction” over the Gaza crisis, addressing Joe Biden to specifically say the US president has “blood on his hands”. He was further reacting to the recent reports that Biden approved a $735 million dollar weapons […]

  • State Department Issues Warning After Chinese Skycraper Wobbles Violently In Mysterious Incident

    ZeroHedge - May 19th 2021 8:09pm EDT

    State Department Issues Warning After Chinese Skycraper Wobbles Violently In Mysterious Incident The US Consulate in Guangzhou has issued a security alert to all US citizens to avoid the SEG tower in Shenzhen after footage of the tower shaking. The tower is located in the Huaqiangbei area  of Shenzhen, the fast-growing Chinese tech hub just […]

  • Chip Shortage Enters “Danger Zone” As Lead Times Reach New Record

    ZeroHedge - May 19th 2021 7:00pm EDT

    Chip Shortage Enters “Danger Zone” As Lead Times Reach New Record Semiconductor lead times, the time it takes for a company to order a chip and taking delivery, increased to 17 weeks in April, indicating shortages of these critical components are intensifying, according to Bloomberg.  Companies that use semiconductors in their end products use lead times to […]

  • The Dystopian Future In Which Almost No One Owns A Car

    ZeroHedge - May 19th 2021 6:40pm EDT

    The Dystopian Future In Which Almost No One Owns A Car Authored by Zachary Yost via The Mises Institute, By this point readers are more than familiar with the previously unthinkable infringements on our traditional rights and liberties due to “health and safety” lockdowns that the state has inflicted upon us over the last year. […]

  • Nearly 20% Of Seattle Cops Quit Amid National Protests, Budget Cuts

    ZeroHedge - May 19th 2021 6:20pm EDT

    Nearly 20% Of Seattle Cops Quit Amid National Protests, Budget Cuts Just under 20% of Seattle police have quit the force over the past year and a half, according to CBS News, citing the city’s interim Chief of Police. The revelation comes after more than a year of violent clashes with anti-police protesters from BLM […]

  • Johns Hopkins Doctor: Closed-Schools Are An “American Disgrace”

    ZeroHedge - May 19th 2021 6:00pm EDT

    Johns Hopkins Doctor: Closed-Schools Are An “American Disgrace” Authored by Ben Zeisloft via Campus Reform, A Johns Hopkins University medical professor said that closed schools are an “American disgrace.” Dr. Marty Makary — a professor at Johns Hopkins University’s prestigious School of Medicine and a Fox News contributor — said during an interview with “Coffee With Closers” […]

  • On The January 2017 Felony Flynn Leaks

    ZeroHedge - May 19th 2021 5:20pm EDT

    On The January 2017 Felony Flynn Leaks Authored by Techno Fog via The Reactionary, Back on January 5, 2017, who leaked intelligence about Russia’s purported efforts to interfere in the 2016 election – and info on the Flynn-Kislyak calls – to the Washington Post? One high level official at the Office of the Director of […]

  • Google Searches For Cryptocurrency Hit All Time High As Tom Brady “Buys The Dip”

    ZeroHedge - May 19th 2021 5:00pm EDT

    Google Searches For Cryptocurrency Hit All Time High As Tom Brady “Buys The Dip” Institutions may have been selling ahead of today’s crypto rout, as JPM noted earlier… … but as following chart of bitcoin’s historical drawdowns clearly shows… … they will soon turn from sellers to buyers as bitcoin’s historical trading pattern clearly shows […]

  • The Tightening Noose Or Widening Gyre Of The Woke Revolution?

    ZeroHedge - May 19th 2021 4:40pm EDT

    The Tightening Noose Or Widening Gyre Of The Woke Revolution? Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, I expect the Great Reset to fail. Completely. I also expect the Great Reset unleashes chaotic forces no one can control. Honestly, it’s already done so. Look around the headlines today and you can see […]

  • ‘No Longer Civil’: New York Goes After Trump Org, Launches Criminal Investigation

    ZeroHedge - May 19th 2021 4:20pm EDT

    ‘No Longer Civil’: New York Goes After Trump Org, Launches Criminal Investigation In a case of incredible timing, the state of New York announced on Tuesday that it’s opened a criminal investigation into the Trump organization, just as former President Trump re-enters the political fray ahead of the 2022 midterm elections. According to Reuters, NY […]

  • Crypto, Crude, & ‘Crappy’ Stocks Dump’n’Pump As Fed Sparks Dollar Spike

    ZeroHedge - May 19th 2021 4:00pm EDT

    Crypto, Crude, & ‘Crappy’ Stocks Dump’n’Pump As Fed Sparks Dollar Spike The headlines of the day were without doubt made in cryptoland as the entire space saw $1 trillion of wealth destroyed at its nadir today… Source But you can’t keep a good thing down… Source: Bloomberg …as the following two tweets explain… pic.twitter.com/eFQQMgv9uP — […]

  • PLA Shadows US Destroyer In Taiwan Strait – Says US Is “Sabotaging & Disrupting” Stability

    ZeroHedge - May 19th 2021 3:46pm EDT

    PLA Shadows US Destroyer In Taiwan Strait – Says US Is “Sabotaging & Disrupting” Stability On Wednesday China blasted the latest passage by a US Navy destroyer through the Taiwan Strait, calling it a serious “provocation” which endangers peace and stability in the region.  The US Navy’s 7th Fleet said that its guided missile destroyer USS Curtis […]

  • What Goes Up, Occasionally Comes Down

    ZeroHedge - May 19th 2021 3:30pm EDT

    What Goes Up, Occasionally Comes Down In today’s chart of the day from Deutsche Bank’s Jim Reid, the chief credit strategist shows the dramatic performance reversal some of the most beloved stocks of 2020 have suffered in 2021 by mapping the return of the largest NASDAQ constituents in these past two years with the graph […]

  • Biden, Reversing Trump, Permits Key Putin Goal: New Russian Natural Gas Pipeline To Germany

    ZeroHedge - May 19th 2021 3:15pm EDT

    Biden, Reversing Trump, Permits Key Putin Goal: New Russian Natural Gas Pipeline To Germany Authored by Glenn Greenwald via greenwald.substack.com, That the Kremlin had taken over American political institutions through its blackmail control of former President Donald Trump was a media conspiracy theory as pervasive as it was deranged. This once-exciting script was excavated from […]

  • Fed Alert: Overnight Reverse Repo Usage Soars Above Covid Crisis Highs

    ZeroHedge - May 19th 2021 2:59pm EDT

    Fed Alert: Overnight Reverse Repo Usage Soars Above Covid Crisis Highs In today’s FOMC Minutes there was a brief section that received little focus amid the broader analysis of the Fed’s tapering, inflation language, yet which could be far more important in coming weeks in light of the violent move higher in overnight reverse repo […]

  • Beijing Lays Out Strategy For Curbing ‘Unreasonably High’ Commodity Prices

    ZeroHedge - May 19th 2021 2:44pm EDT

    Beijing Lays Out Strategy For Curbing ‘Unreasonably High’ Commodity Prices With US stock futures set to open in the red as commodities continue to slide following their worst weekly performance in months, another top Chinese official – this time, featuring Premier Li Keqiang, one of the most powerful politicians in the country – is speaking […]

  • Strange Bedfellows: Bernie Sanders and Republicans Agree On SALT Deductions

    ZeroHedge - May 19th 2021 2:24pm EDT

    Strange Bedfellows: Bernie Sanders and Republicans Agree On SALT Deductions Authored by Mike Shedlock via MishTalk.com, Bernie Sanders is in bed with Republicans on State and Local Tax deductions. Let’s investigate why. 2017 Tax Cuts and Jobs Act (TCJA) Trump’s 2017 tax reform bill (TCJA) put a $10,000 ceiling on ability to deduct SALT (State and […]

  • Stocks & Bonds Drop, Dollar Pops As Fed Hints At Taper

    ZeroHedge - May 19th 2021 2:19pm EDT

    Stocks & Bonds Drop, Dollar Pops As Fed Hints At Taper The Fed appears to have started thinking about thinking about the taper… “A number of participants suggested that if the economy continued to make rapid progress toward the Committee’s goals, it might be appropriate at some point in upcoming meetings to begin discussing a […]

  • “Stale” FOMC Minutes Spook Market As “Number Of Participants” Want Taper Discussion To Begin Soon

    ZeroHedge - May 19th 2021 2:10pm EDT

    “Stale” FOMC Minutes Spook Market As “Number Of Participants” Want Taper Discussion To Begin Soon Since the April 28th FOMC Statement, gold has been the best performing asset, surging 6%, as bonds, the dollar, and stocks are all lower… Source: Bloomberg And of course, crypto has been clubbed like a baby seal, but we note […]

  • Top EU Negotiator “Quite Sure” Iran Nuclear Deal Will Be Reached Next Week

    ZeroHedge - May 19th 2021 1:55pm EDT

    Top EU Negotiator “Quite Sure” Iran Nuclear Deal Will Be Reached Next Week At the end of the latest round of talks (the fourth) in Vienna on Wednesday a top European Union envoy has said that the reviving of the Iran nuclear deal is now “shaping up”. Enrique Mora, the EU’s top negotiator for the Vienna nuclear talks, […]

  • FOMC Minutes Preview: Insight Into “Substantial Further Progress”

    ZeroHedge - May 19th 2021 1:48pm EDT

    FOMC Minutes Preview: Insight Into “Substantial Further Progress” Submitted by Newsquawk The Fed affirmed its dovishness and guidance with rates at the ZLB, whilst maintaining its QE at USD 120BN per month  of Treasury and MBS purchases. The statement gave no mention of tapering, while Powell stated in the Q&A that now is not the […]