News From ZeroHedge, Page 2372

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  • Druckenmiller: “There’s Been No Greater Engine Of Inequality Than The Fed”

    ZeroHedge - May 16th 2021 6:30pm EDT

    Druckenmiller: “There’s Been No Greater Engine Of Inequality Than The Fed” After his status-quo-shattering appearance on CNBC this week, during which he warned that “Fed policy is endangering the dollar’s reserve status,” billionaire fund manager Stan Druckenmiller spoke to The USC Marshall Center for Investment Studies’ Student Investment Fund Annual Meeting via Zoom, and shocked […]

  • New York’s Pride March Bans Police Officers From Marching

    ZeroHedge - May 16th 2021 6:00pm EDT

    New York’s Pride March Bans Police Officers From Marching Authored by Jonathan Turley, One of the oldest celebrations of the LGBTQ community in the world has been New York City’s annual Pride celebration. The parade began 51 years ago and has long been a symbol of the strength, defiance, and pride of this community. The […]

  • Bill Gates Urged To Provide Epstein Evidence To Ghislaine Maxwell Investigators

    ZeroHedge - May 16th 2021 5:30pm EDT

    Bill Gates Urged To Provide Epstein Evidence To Ghislaine Maxwell Investigators Bill Gates is being urged to come forward with evidence about his former pedo-pal Jeffrey Epstein, after their years-long relationship continued after Epstein was a known pedophile – and has been cited by anonymous sources as a key factor in Melinda Gates’ decision to […]

  • The Fed Is Going To Make A Mistake

    ZeroHedge - May 16th 2021 5:00pm EDT

    The Fed Is Going To Make A Mistake Authored by Lance Roberts via RealInvestmentAdvice.com, Well, that didn’t work out as planned. Last week, we said: “Notably, the ‘money flow buy signal’ seemed to cross; however, we need some follow-through action on Monday to confirm. As shown, the uptick in money flows did allow us to add […]

  • Goldman Warns Of “Substantial” Surge In Home Prices, Expects Bigger Housing Bubble Than 2007

    ZeroHedge - May 16th 2021 4:30pm EDT

    Goldman Warns Of “Substantial” Surge In Home Prices, Expects Bigger Housing Bubble Than 2007 One week ago, we said that in what is increasingly a stagflationary burst (or, as BofA put it “transitory hyperinflation“) right out of the 1970s playbook (and that was even before the latest blistering hot CPI and PPI numbers printed a […]

  • University Of California System Will No Longer Consider SAT And ACT Scores For Admissions

    ZeroHedge - May 16th 2021 4:00pm EDT

    University Of California System Will No Longer Consider SAT And ACT Scores For Admissions Authored by Ivan Pentchoukov via The Epoch Times, The nine campuses of the University of California system will no longer consider standardized testing scores as part of the admission process beginning in the fall of 2021. The change is the result of a […]

  • Morgan Stanley: This Is The Biggest Threat To The Red-Hot Global Recovery

    ZeroHedge - May 16th 2021 3:06pm EDT

    Morgan Stanley: This Is The Biggest Threat To The Red-Hot Global Recovery By Chetan Ahya, Morgan Stanley’s Chief Economist and Global Head of Economics A year ago, when the global economy was in the depths of the Great Covid-19 Recession, we argued for a V-shaped recovery and the return of inflation. 12 months on, deep […]

  • Space Force Commander Demoted Over Book Claiming ‘Neo-Marxist Agenda’ And Critical Race Theory Infiltrating Military

    ZeroHedge - May 16th 2021 2:30pm EDT

    Space Force Commander Demoted Over Book Claiming ‘Neo-Marxist Agenda’ And Critical Race Theory Infiltrating Military A US Space Force commander was reportedly relieved as commander of the 11th Space Warning Squadron “due to loss of trust and confidence in his ability to lead,” after he appeared on a podcast to promote his book which claims […]

  • Luongo: The Coming Apotheosis Of The Banks

    ZeroHedge - May 16th 2021 2:00pm EDT

    Luongo: The Coming Apotheosis Of The Banks Authored by Tom Luongo via Gold, Goats, ‘n Guns, About a year ago in a Private Blog post on Ask-Socrates.com Martin Armstrong let it slip that the real plan of The Davos Crowd with the Great Reset was to replace the traditional banking system with the central banks. I’ve talked about this obliquely in […]

  • AT&T In ‘Advanced’ Talks To Combine HBO, CNN, Discovery And Other Media Assets

    ZeroHedge - May 16th 2021 1:32pm EDT

    AT&T In ‘Advanced’ Talks To Combine HBO, CNN, Discovery And Other Media Assets AT&T is currently in ‘advanced’ discussions to combine several media assets into a giant portfolio, which would include beleaguered CNN and Discovery, according to the Wall Street Journal, citing people familiar with the matter. The move would mark a major shift in […]

  • Kass: Speculation Has Been Taken To An Interplanetary Level

    ZeroHedge - May 16th 2021 1:04pm EDT

    Kass: Speculation Has Been Taken To An Interplanetary Level Authored by Doug Kass via Seabreeze Partners, History rhymes, again Too many in the financial media do little to help the individual investor “Yolo” investing (“you only live once”) has been heartedly embraced and even romanticized by too many these days – and, tacitly, that includes […]

  • Israel Airstrikes Flatten 3 Gaza Buildings, Kill 42 As Netanyahu Says “War Will Go On”

    ZeroHedge - May 16th 2021 12:30pm EDT

    Israel Airstrikes Flatten 3 Gaza Buildings, Kill 42 As Netanyahu Says “War Will Go On” The fourth war between Israel and Palestine escalated on Sunday when Israeli airstrikes on Gaza City flattened three buildings and killed at least 42 people, Palestinian medics said. Yet despite international efforts to broker a cease-fire and the rising death […]

  • Liz Cheney Lied About Her Role In Spreading The Discredited CIA “Russian Bounty” Story

    ZeroHedge - May 16th 2021 11:30am EDT

    Liz Cheney Lied About Her Role In Spreading The Discredited CIA “Russian Bounty” Story Authored by Glenn Greenwald via greenwald.substack.com, In an interview with Fox News’ Bret Baier this week, Rep. Liz Cheney (R-WY) denied that she spread the discredited CIA “Russian bounty” story. That CIA tale, claiming Russia was paying Taliban fighters to kill […]

  • Soros Bought $375MM Of The Shares That Archegos Was Liquidating

    ZeroHedge - May 16th 2021 11:03am EDT

    Soros Bought $375MM Of The Shares That Archegos Was Liquidating An interesting thing happened in late March as news spread that Bill Hwang’s Archegos family office was liquidating after being hit with the biggest margin call since Lehman: George Soros, or rather his investment firm Soros Fund Management, was loading up on all the shares […]

  • Why Wage Inflation Will Accelerate

    ZeroHedge - May 16th 2021 10:30am EDT

    Why Wage Inflation Will Accelerate Authored by Charles Hugh Smith via OfTwoMinds blog, The Fed has created trillions out of thin air to boost the speculative wealth of Wall Street, but it can’t print experienced workers willing to work for low wages. The Federal Reserve is reassuring us daily that inflation is temporary, but allow me […]

  • B of A: “Transitory” Inflation And Supply Chain Imbalances Are Hitting Autos Hardest

    ZeroHedge - May 16th 2021 9:55am EDT

    B of A: “Transitory” Inflation And Supply Chain Imbalances Are Hitting Autos Hardest The auto industry is already stuck between a rock and a hard place, as dealers struggle to get production up to speed despite an ongoing semiconductor chip shortage that has hamstrung production for some of the world’s biggest manufacturers. At the same […]

  • Diverse Birmingham Set To Remove “Problematic” Street-Signs And Statues

    ZeroHedge - May 16th 2021 9:20am EDT

    Diverse Birmingham Set To Remove “Problematic” Street-Signs And Statues Authored by Paul Joseph Watson via Summit News, Birmingham City Council is set to remove “extremely problematic” street names and statues to satiate BLM supporters after a dubious poll found that a majority of residents supported the decision. The survey, published by the Birmingham Mail, found […]

  • Gundlach Warns Bitcoin Has Become “Poster Child” For “Speculative Fever” Gripping Markets

    ZeroHedge - May 16th 2021 8:45am EDT

    Gundlach Warns Bitcoin Has Become “Poster Child” For “Speculative Fever” Gripping Markets It seems DoubleLine’s Jeffrey Gundlach has had a change of heart regarding bitcoin. And while the cryptocurrency’s spectacular rise has mostly converted skeptics into believers (or reluctant investors inspired by FOMO), for Gundlach, it’s the other way around. In an interview with Yahoo […]

  • 10 Things We Have Learned During The COVID Coup

    ZeroHedge - May 16th 2021 8:10am EDT

    10 Things We Have Learned During The COVID Coup Authored by ‘Winter Oak’ via Off-Guardian.org, One potential positive from the whole Covid-19 debacle is that we have learned an incredible amount about the society in which we live. This will be crucial if we manage to stave off a descent into a nightmare future of […]

  • Europe Leads In EV Sales, But For How Long?

    ZeroHedge - May 16th 2021 7:35am EDT

    Europe Leads In EV Sales, But For How Long? Despite the economic headwinds imposed by COVID-19, Visual Capitalist’s Marcus Lu reports that global sales of electric vehicles (EVs) and plug-in hybrids (PHEV) surpassed 3 million for the first time in 2020. This visualization presents a geographical breakdown of these sales, revealing that over 80% were made in either Europe […]

  • 60% Of French Police & Military Say They Will Support Le Pen In Presidential Election

    ZeroHedge - May 16th 2021 7:00am EDT

    60% Of French Police & Military Say They Will Support Le Pen In Presidential Election Authored by Paul Joseph Watson via Summit News, 60 per cent of police and military say they will support populist Marine Le Pen in next year’s French presidential election, with the number even higher among active duty police. A survey […]

  • The End Of Western Globalia?

    ZeroHedge - May 15th 2021 11:30pm EDT

    The End Of Western Globalia? Via TheSwarmBlog.com, Since the 1970’s, international trade has continuously been promoted by leaders of developed countries and economic agents. Several theoretical frameworks have been put forward to explain the benefits of a free trade environment, from Adam Smith’s concept of absolute advantages to more recent firm-based theories. However, the reality […]

  • Visualizing Key Generation-Defining Events In US History

    ZeroHedge - May 15th 2021 11:00pm EDT

    Visualizing Key Generation-Defining Events In US History Looking back at history is a necessity when trying to understand what the future may hold. Using insights from our Generational Power Index 2021 report, along with survey data from Pew Research in 2016, Visual Capitalist’s Iman Ghosh identified some key milestones for each cohort, to understand how these events helped shape […]

  • Denying Reality Leads To Tyranny And Societal Failure

    ZeroHedge - May 15th 2021 10:30pm EDT

    Denying Reality Leads To Tyranny And Societal Failure Authored by Patrick Barron via The Mises Institute, The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality. Weimar Germany denied that masses of printed money would destroy civilized society. The Soviet Union insisted that […]

  • IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes

    ZeroHedge - May 15th 2021 10:00pm EDT

    IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes Yesterday’s news that the DoJ and IRS are digging into Binance amid whispers about allegations of tax fraud, manipulation and AML violations was just the latest indication from the government that it is taking enforcement of securities taxes tied to crypto wealth very seriously. In […]