News From ZeroHedge, Page 2366

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  • Sloppy, Tailing 20Y Auction Validates Duration Fears

    ZeroHedge - May 19th 2021 1:21pm EDT

    Sloppy, Tailing 20Y Auction Validates Duration Fears After last week’s mini-taper of 20Y POMOs by the Fed, the market was closely watching today’s auction of $27BN in 20Y bonds for signs of weakness, especially after this morning’s dismal 2Y bund auction in Germany which saw the weakest demand since July 2019, and they were not […]

  • Chicago Mayor Lori Lightfoot Granting Interviews “Only To Black Or Brown Journalists”

    ZeroHedge - May 19th 2021 1:11pm EDT

    Chicago Mayor Lori Lightfoot Granting Interviews “Only To Black Or Brown Journalists” Ah, yes, another important “woke” step toward wiping out racism in the country: judging people by the color of their skin. In which the Mayor of Chicago, Lori Lightfoot, most recently known for watching droves of her citizens flee the city during the […]

  • “Please Clap” Moment: Biden Calls Coast Guard Cadets ‘Dull Class’ Over Lack Of Applause

    ZeroHedge - May 19th 2021 12:49pm EDT

    “Please Clap” Moment: Biden Calls Coast Guard Cadets ‘Dull Class’ Over Lack Of Applause President Biden – not satisfied indoctrinating the US military with Critical Race Theory and scouring their social media accounts for ‘extremist content’ – is now directly insulting members Americans in uniform with a “please clap” moment. During a Wednesday commencement address […]

  • McConnell Joins McCarthy In Opposing ‘Slanted’ Jan. 6 Commission Bill

    ZeroHedge - May 19th 2021 12:15pm EDT

    McConnell Joins McCarthy In Opposing ‘Slanted’ Jan. 6 Commission Bill One day after House Minority Leader Kevin McCarthy (R-CA) announced his opposition to a Jan. 6 commission to investigate the Capitol Riot, Senate Minority Leader Mitch McConnell (R-KY) told Republicans on Wednesday that he also stands opposed to the investigation – calling it ‘slanted.’ “It’s […]

  • Fauci Admits Rand Paul Was Right: Mask-Wearing After Vax Was Theater

    ZeroHedge - May 19th 2021 11:54am EDT

    Fauci Admits Rand Paul Was Right: Mask-Wearing After Vax Was Theater Authored by Thomas Lifson via AmericanThinker.com, Dr. Anthony Fauci ought to be the punchline of many jokes by now, and if he had been a Trump loyalist, he would be. Only because the corporate media refuse to mock him can he appear in public without catcalls […]

  • As Tesla Tumbles, Cathie Wood Buys Even More

    ZeroHedge - May 19th 2021 11:35am EDT

    As Tesla Tumbles, Cathie Wood Buys Even More With the market lurching back and forth ominously, it’s latest slide the result of a crash in crypto names, investors are focused on how Cathie Wood’s ARK Invest – widely seen as one of the market’s weakest links – is enduring the volatility in markets. And so […]

  • The Fed Is Promoting A Public Perception Of Inflation That Is False

    ZeroHedge - May 19th 2021 11:33am EDT

    The Fed Is Promoting A Public Perception Of Inflation That Is False By Joseph Carson, former chief economist at Alliance Bernstein Federal Reserve officials have made a bold claim arguing that the current run-up in consumer price inflation is “transitory,” pushed higher due to base effects and a temporary burst in pent-up demand as the […]

  • Foreseeing The “Flation” Knuckleball & Investor Implications

    ZeroHedge - May 19th 2021 11:15am EDT

    Foreseeing The “Flation” Knuckleball & Investor Implications Authored by Michael Lebowitz via RealInvestmentAdvice.com, In baseball, a knuckleball is a distinctive pitch that only a very few significant leaguers can perfect. The goal of a knuckleball is to eliminate the baseball’s spin to create erratic ball movement. Despite a much slower speed than traditional pitches, knuckleballs […]

  • Biden Urges “Significant De-Escalation” By “Today” In Gaza Call With Netanyahu

    ZeroHedge - May 19th 2021 11:00am EDT

    Biden Urges “Significant De-Escalation” By “Today” In Gaza Call With Netanyahu In their second call in just a few days as the Gaza death toll soars amid unrelenting Israeli airstrikes, President Joe Biden told Israeli Prime Minister Benjamin Netanyahu on Wednesday that he expects a “significant de-escalation” in violence which can open a window for a […]

  • Tesla “Strikes” Service Patrol Truck Early Wednesday, Causing I-95 Gridlock In South Florida

    ZeroHedge - May 19th 2021 10:45am EDT

    Tesla “Strikes” Service Patrol Truck Early Wednesday, Causing I-95 Gridlock In South Florida An early morning wreck on Wednesday involving a Tesla and a service patrol vehicle caused a massive backup on I-95 near Miami-Dade county. The scene was “along the northbound lanes of I-95 at Northwest 103rd Street, where the crash caused express lanes […]

  • WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses

    ZeroHedge - May 19th 2021 10:35am EDT

    WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses Much like the rest of the world’s assets (except gold), oil prices are plunging this morning as broader markets tumbled on inflation concerns (and liquidity-based stress from crypto/tech carnage) and talks over the Iran nuclear deal add to concerns over increased supplies as traders eye the […]

  • JPMorgan Sees Bitcoin “Fair Value” At $35,000 Amid Institutional Liquidations

    ZeroHedge - May 19th 2021 10:16am EDT

    JPMorgan Sees Bitcoin “Fair Value” At $35,000 Amid Institutional Liquidations We were amused (and noted as much) yesterday when we read that according to the latest BofA Fund Manager Survey, Wall Street professionals were convinced that “long bitcoin” was the most crowded trade in May. As we explained, the simple reason why this is impossible […]

  • Rabo: Markets Are Struggling To Understand What Is Happening To Our “Infinite Game”

    ZeroHedge - May 19th 2021 9:59am EDT

    Rabo: Markets Are Struggling To Understand What Is Happening To Our “Infinite Game” By Michael Every of Rabobank Finite and Infinite Great Games Spending time on social media is a great way to pollute one’s mind with ill-informed idiocy, bile, narcissism, and the most trivial of all trivia – which is why we all spend […]

  • ECB Warns Of “Elevated” Financial Stability Risks Amid “Remarkable Exuberance”

    ZeroHedge - May 19th 2021 9:36am EDT

    ECB Warns Of “Elevated” Financial Stability Risks Amid “Remarkable Exuberance” In what some have dubbed a repeat of Greenspan’s “irrational exuberance” description of the dot-com bubble in the 1990s, this morning the ECB warned in its Financial Stability Review (in which it used the word “exuberance” at least 8 times), that the euro-area faces “elevated” […]

  • Coinbase And Binance Users Report Issues Or Outages As Cryptos Crash 

    ZeroHedge - May 19th 2021 9:23am EDT

    Coinbase And Binance Users Report Issues Or Outages As Cryptos Crash  With more than a trillion dollars in wealth wiped out in crypto markets as Ether crashes 40% and Bitcoin traders around $33k, popular cryptocurrency exchange platforms, such as Coinbase and Binance, are reporting issues and or outages across the US.  Downdector reports Coinbase users began to experience […]

  • Auditor: Information Deleted From Maricopa County Election Machine Has Been Recovered

    ZeroHedge - May 19th 2021 9:06am EDT

    Auditor: Information Deleted From Maricopa County Election Machine Has Been Recovered Authored  by Zachary Stieber via The Epoch Times, The information that was allegedly deleted from a Maricopa County election machine has been recovered, an auditor told state lawmakers on Tuesday. Ben Cotton, founder of CyFIR, one of four firms working on the 2020 election audit, said […]

  • Tesla Slides As April Data Shows Collapse In Chinese Sales

    ZeroHedge - May 19th 2021 8:45am EDT

    Tesla Slides As April Data Shows Collapse In Chinese Sales Tesla shares tumbled on Wednesday morning (with everything else), in part as a result of the latest data out of China which showed a stark drop in sales. Last month, the company’s growth “slowed precipitously” after weeks of controversy that started with a protest at […]

  • Crypto Markets Lose Over $800 Billion In A Week As Bitcoin Bloodbath Accelerates

    ZeroHedge - May 19th 2021 8:25am EDT

    Crypto Markets Lose Over $800 Billion In A Week As Bitcoin Bloodbath Accelerates Well that escalated quickly… The total market cap of the cryptocurrency space has crashed by more than $800 billion since its peak last week, from over $2.5 trillion on May 12th to just above $1.7 trillion this morning (the lowest since March)… […]

  • Watch: Communist Professor Declares That US Was Defeated In “Biological War” With China

    ZeroHedge - May 19th 2021 8:05am EDT

    Watch: Communist Professor Declares That US Was Defeated In “Biological War” With China Authored by Steve Watson via Summit News, A professor with close ties to the Communist Chinese Government has declared that his country ‘defeated’ the U.S. in 2020, winning a biological war, and putting America ‘back in it’s place’. The comments were made […]

  • Everything Is Crashing: Stocks, Bonds, Crypto, Commodities All Tumble

    ZeroHedge - May 19th 2021 7:49am EDT

    Everything Is Crashing: Stocks, Bonds, Crypto, Commodities All Tumble Everything is tumbling! Global stocks and US index futures fell for the third straight session, led by the Nasdaq 100, bonds and commodities dropped and crypto crashed ahead of today’s release of the April Fed minutes after the ECB warned the euro-area faces elevated risks to financial […]

  • Europe Finally Opens Doors To Vaccinated Tourists As Denmark Leads Reopening Push

    ZeroHedge - May 19th 2021 7:15am EDT

    Europe Finally Opens Doors To Vaccinated Tourists As Denmark Leads Reopening Push Across the EU, borders are reopening to tourists from the US, UK and antipodes as a group of diplomats meeting in Brussels officially signed off on the plan. The European Commission, the unelected committee of bureaucrats that handles most of the bloc’s executive […]

  • Peter Schiff Warns Tucker Carlson: The Coming Financial Crisis Will Be Worse Than The Pandemic

    ZeroHedge - May 19th 2021 6:30am EDT

    Peter Schiff Warns Tucker Carlson: The Coming Financial Crisis Will Be Worse Than The Pandemic Via SchiffGold.com, Consumer Price Index (CPI) data for April came in much hotter than expected. Year-on-year, inflation is up 4.2%. The big number even prompted Federal Reserve Vice Chairman Richard Clarida to say, “We were surprised by higher than expected inflation data.” Peter Schiff […]

  • La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk

    ZeroHedge - May 19th 2021 5:45am EDT

    La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk Global crop and food prices are skyrocketing to multi-year highs, and the culprit could be due to La Nina, a weather pattern characterized by the cooling of the equatorial Pacific and triggers atmospheric shifts that cause droughts in some regions of the […]

  • Robert Charles: Defend Israel… Or Prepare For Wider Conflict

    ZeroHedge - May 19th 2021 5:00am EDT

    Robert Charles: Defend Israel… Or Prepare For Wider Conflict Authored by Robert Charles via RealClearDefense.com, More than 18,000 rockets have been fired on Israel by terrorist Hamas in the last week.  That is not an accident.  It is provocation.  The only question is – who pushed that button?  Knowing Israel defends itself, who wants conflict?  […]

  • Energy Companies Must Immediately Halt All New Projects For World To Meet Paris Accord Target, IEA Report

    ZeroHedge - May 19th 2021 4:15am EDT

    Energy Companies Must Immediately Halt All New Projects For World To Meet Paris Accord Target, IEA Report At a time when the consequences of surging inflation are finally being felt by the population angered by higher gas prices, the International Energy Agency – an influential NGO first launched to respond to global oil supply shocks […]