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  • Texas Lawmakers Propose Annual Driving Tax For Tesla Owners  

    ZeroHedge - May 18th 2021 2:34pm EDT

    Texas Lawmakers Propose Annual Driving Tax For Tesla Owners   Texas lawmakers have proposed Senate Bill 1728 (SB 1728) to slap Tesla owners with annual taxes between $240 and $400. Lawmakers claim EV owners need to “pay their fair share” and “make up for” fuel taxes they don’t pay at the pump that supports the state’s […]

  • “It’s Gotten Out Of Control”: Supply Shortages Plaguing Global Economy Expected To Last A Long Time

    ZeroHedge - May 18th 2021 2:15pm EDT

    “It’s Gotten Out Of Control”: Supply Shortages Plaguing Global Economy Expected To Last A Long Time Stocks are selling off again on Monday as worries about inflation persist, as the market is increasingly coming around to Morgan Stanley’s view that inflation will be an endemic phenomenon of the V-shaped recovery engineered by the Fed and […]

  • Joe Rogan Warns Cancel Culture Will Lead To “Straight White Men Not Being Allowed To Talk Or Go Outside”

    ZeroHedge - May 18th 2021 1:55pm EDT

    Joe Rogan Warns Cancel Culture Will Lead To “Straight White Men Not Being Allowed To Talk Or Go Outside” Authored by Steve Watson via Summit News, Podcast giant Joe Rogan has warned that the logical conclusion of ‘woke’ cancel culture is that all straight white men will be forbidden from talking or even leaving their […]

  • Everyone On Wall Street Thinks Everyone Else On Wall Street Is Long Bitcoin Again… But Almost None Are

    ZeroHedge - May 18th 2021 1:39pm EDT

    Everyone On Wall Street Thinks Everyone Else On Wall Street Is Long Bitcoin Again… But Almost None Are Once upon a time the Bank of America Fund Manager Survey served a useful indicator of what finance professionals did and thought. Then, over the years, it became a survey which revealed what the prevailing consensus narrative […]

  • Maricopa County Calls For End Of 2020 Election Audit

    ZeroHedge - May 18th 2021 12:55pm EDT

    Maricopa County Calls For End Of 2020 Election Audit Authored by Zachary Stieber via The Epoch Times, Officials in Arizona’s largest county on Monday urged the state Senate to bring to an end an audit that is reviewing ballots cast and machines used in the 2020 presidential election. “It is time to end this. For the […]

  • Why Ed Yardeni Says The Market Will Soon Reach 4500

    ZeroHedge - May 18th 2021 12:23pm EDT

    Why Ed Yardeni Says The Market Will Soon Reach 4500 Authored by Lance Roberts via RealInvestmentAdvice.com, “The strong economic recovery will not get interrupted by inflation or a credit crunch, and the market will soon reach 4,500.” – Ed Yardeni via Advisor Perspectives After discussing BofA’s view of why the market could drop to 3800,  I thought […]

  • Oil Plunges After US-Iran Nuclear Deal Headlines

    ZeroHedge - May 18th 2021 12:06pm EDT

    Oil Plunges After US-Iran Nuclear Deal Headlines Oil prices just plunged following headlines from Vienna that Mikhail Ulyanov, Russia’s envoy to JCPOA talks, says “important news is likely to be released by tomorrow” and “the negotiations have made major progress”, in a statement to BBC Persian correspondent Kasra Naji. WTI is back near a $63 […]

  • California DMV Investigating If Tesla Violated State Regulations With Self-Driving Claims

    ZeroHedge - May 18th 2021 11:59am EDT

    California DMV Investigating If Tesla Violated State Regulations With Self-Driving Claims You know it. We know it. Everybody knows it: Tesla’s “Autopilot” and “Full Self Driving” names for its supposedly autonomous driving features are misleading. And they likely lead drivers into situations where they think their vehicles have full autonomy when they don’t, leading to what feels […]

  • Penn State To Stop Using “Freshman”, “Sophomore”, Other Terms Because Of “Male-Centric” History

    ZeroHedge - May 18th 2021 11:41am EDT

    Penn State To Stop Using “Freshman”, “Sophomore”, Other Terms Because Of “Male-Centric” History Via HumanEvents.com, In yet another case of selective bigotry, Penn State is removing all gendered and binary terms from their course and program descriptions to be more “inclusive.”  The Penn State Faculty Senate approved a proposition in April, which would change the terms freshman, sophomore, […]

  • Billionaires Are Offloading Massive Amounts Of Stock

    ZeroHedge - May 18th 2021 11:20am EDT

    Billionaires Are Offloading Massive Amounts Of Stock When the country’s CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention. That’s what we found noteworthy about a recent Bloomberg piece, which noted […]

  • Colonial Pipeline Shippers Say Comms System Is Down

    ZeroHedge - May 18th 2021 10:42am EDT

    Colonial Pipeline Shippers Say Comms System Is Down Just two weeks after the Colonial Pipeline was hacked, causing chaotic scenes amid gas shortages as the massive U.S. fuel system, and subsequently, allegedly, paid the ransomware attackers off, shippers on the pipeline’s platform say the communications system is now down. As Bloomberg reports, the system that […]

  • This Is What Hedge Funds Bought And Sold In Q1: Complete 13F Summary

    ZeroHedge - May 18th 2021 10:20am EDT

    This Is What Hedge Funds Bought And Sold In Q1: Complete 13F Summary Late yesterday – around the time we were “transitorily” suspended by twitter yet again – we reported on what we think is the biggest story in the hedge fund word right now: the stark reversal in the smart money’s love affair with […]

  • Gold Gains As Dollar Goes Red For 2021, Nears Lowest Since 2014

    ZeroHedge - May 18th 2021 10:07am EDT

    Gold Gains As Dollar Goes Red For 2021, Nears Lowest Since 2014 The USDollar index’s recent acceleration lower has pushed it into the red for 2021, erasing the 3% surge seen in the first few months of the year… Source: Bloomberg As Bloomberg notes, the recent weakness came after Fed officials reiterated (vehemently) on Monday […]

  • US Again Blocks UN Statement Urging Halt To Gaza Violence – Accused Of “Obstructionism” 

    ZeroHedge - May 18th 2021 9:50am EDT

    US Again Blocks UN Statement Urging Halt To Gaza Violence – Accused Of “Obstructionism”  Perhaps entirely as expected (given it was the same pattern in past Israel-Gaza conflicts), the United States on Monday blocked an attempt of the UN Security Council to pass a joint statement calling for an immediate end to the Israeli-Palestinian violence.  This […]

  • Rabo: All The Elements Are In Place For Things To Get Truly Heated

    ZeroHedge - May 18th 2021 9:30am EDT

    Rabo: All The Elements Are In Place For Things To Get Truly Heated By Michael Every of Rabobank You’re Toast(er) As the market goes through another inflation/deflation/stagflation spasm, this time reflected in some commodity prices tumbling from sky-high peaks, and some going yet higher, and gold up as crypto is down, it’s time to underline […]

  • Fidelity Launches Trading Accounts For Teens As Battle For Next Generation Of Day Traders Heats Up

    ZeroHedge - May 18th 2021 9:10am EDT

    Fidelity Launches Trading Accounts For Teens As Battle For Next Generation Of Day Traders Heats Up Fidelity once tried to offset its image as a stodgy retirement-focused investment giant by allowing customers to integrate their crypto holdings into their Fidelity dashboard. But after Robinhood and WeBull attracted millions of millennial customers, Fidelity is finally trying […]

  • Blain: Buy Copper, Sell America

    ZeroHedge - May 18th 2021 8:50am EDT

    Blain: Buy Copper, Sell America Authored by Bill Blain via MorningPorridge.com, “You thought polarization and conspiracy theories were bad before corpses started reanimating and eating folks?”  The world looks poised on the edge of a synchronous recovery on pandemic recovery, climate-change, renewables and infrastructure investments. It will fuel a massive commodities supercycle, but is not […]

  • Single-Family Housing Starts Crash In April

    ZeroHedge - May 18th 2021 8:42am EDT

    Single-Family Housing Starts Crash In April After April’s massive catch up surge (following March’s weather-driven dip), Housing Starts and Permits data was expected to slow (or contract) in April as higher rates, and even higher prices (amid demand and higher commodity costs) begin to stymie the unprecedented buying-panic in the housing market over the past […]

  • Futures, Global Stocks Rise As Dollar Rout Accelerates

    ZeroHedge - May 18th 2021 8:19am EDT

    Futures, Global Stocks Rise As Dollar Rout Accelerates US equity futures rose for the 3rd day in 4 and world stocks pushed higher on Tuesday while the dollar tumbled to three-month lows as  optimism that economic reopening will boost growth outweighed concern about a pick-up in virus cases in parts of Asia even if it […]

  • Two Months After Biden Blasted “Neanderthal Thinking”, Texas Reports Zero COVID Deaths

    ZeroHedge - May 18th 2021 8:00am EDT

    Two Months After Biden Blasted “Neanderthal Thinking”, Texas Reports Zero COVID Deaths Texas Gov. Greg Abbott elicited criticism from Dr. Fauci and a host of Democrats when he decided to drop all COVID-19-linked restrictions in the Lone Star State back in March. Now, as states across the country are falling in line with President Biden’s […]

  • “Customers Want To Get Out And Shop”: Walmart Soars After Smashing Expectations, Boosting Guidance

    ZeroHedge - May 18th 2021 7:35am EDT

    “Customers Want To Get Out And Shop”: Walmart Soars After Smashing Expectations, Boosting Guidance Walmart stock is surging premarket after the largest bricks and mortar retailer in the US not only reported blowout Q1 earnings, but also raised guidance, a remarkable achievement since it laps the pre-covid hoarding from a year ago. Here are the […]

  • Tesla Investigating Collision That Killed One Chinese Policeman And Injured Another

    ZeroHedge - May 18th 2021 7:19am EDT

    Tesla Investigating Collision That Killed One Chinese Policeman And Injured Another Tesla has now confirmed an accident in the Chinese city of Taizhou, in Zhejiang province, that reportedly killed one Chinese policeman, while injuring another.  “Two Chinese policemen were injured in a collision Monday,” the company’s Weibo account confirmed, according to Bloomberg early Tuesday morning. Tesla […]

  • Bitcoin Versus Gold: A Tired Debate

    ZeroHedge - May 18th 2021 6:30am EDT

    Bitcoin Versus Gold: A Tired Debate Authored by Matthew Piepenburg via GoldSwitzerland.com, Bias vs. Logic We’ve written elsewhere about the ironic over-use of logic to justify otherwise illogical biases. As Swiss-based precious metals professionals who see physical gold and silver as currency protection outside of an openly illogical (and dangerously fractured) banking system, it is more than […]

  • West Coast Ports Rush To Clear Record Ship Congestion Before “Peak Season” Arrives

    ZeroHedge - May 18th 2021 5:45am EDT

    West Coast Ports Rush To Clear Record Ship Congestion Before “Peak Season” Arrives It’s hardly a secret that the recent collapse of trans-pacific supply chains has been among the main reasons for soaring prices, and it’s also hardly a secret that the weakest link in said supply chains are West Coast ports where congestion remains […]

  • The “Bonkers” Interview Of Bonny Prince Harry: Why The Attack On The First Amendment Should Concern All Americans

    ZeroHedge - May 18th 2021 5:00am EDT

    The “Bonkers” Interview Of Bonny Prince Harry: Why The Attack On The First Amendment Should Concern All Americans Authored by Jonathan Turley, The media went into a frenzy this weekend when the bonny Prince Harry gave a huge Hurrumpf to the First Amendment. On a show appropriately called “the Armchair Expert,” Harry declared the First […]