• Not ‘The Onion’! Nancy Pelosi Claims Border Situation Has Improved Under Biden

    ZeroHedge - Apr 8th 2021 10:26am EDT

    Not ‘The Onion’! Nancy Pelosi Claims Border Situation Has Improved Under Biden Authored by Steve Watson via Summit News, Speaker of the House Nancy Pelosi told reporters Wednesday that the situation at the border has improved since Joe Biden took office and that it is now on a “good path”. “The fact is that we’re […]

  • Merkel Demands Putin Reduce Russian Troops Near Ukraine In Phone Call

    ZeroHedge - Apr 8th 2021 10:10am EDT

    Merkel Demands Putin Reduce Russian Troops Near Ukraine In Phone Call It seems only in the case of Russia that Western leaders presume to lecture a large sovereign country on where it can station its troops within its own borders. It’s primarily these “concerns” over a Russia troop build-up near Ukraine that’s now driving the new emerging crisis following […]

  • Bonds Jump, Stocks Dump As VIX Curve Signals Trouble Ahead

    ZeroHedge - Apr 8th 2021 9:57am EDT

    Bonds Jump, Stocks Dump As VIX Curve Signals Trouble Ahead US Treasuries continue to be bid with 10Y yields tumbling this morning, now down 16bps from the late March high yields… Source: Bloomberg And the US cash open triggered an avalanche of selling in stocks, with Small Caps (red) the hardest hit out of the […]

  • Unions Target Amazon To Increase Dwindling Members; Why Mish Hates Unions

    ZeroHedge - Apr 8th 2021 9:40am EDT

    Unions Target Amazon To Increase Dwindling Members; Why Mish Hates Unions Authored by Mike Shedlock via MishTalk, Vote counting is underway in Alabama at an Amazon facility in Bessemer. Spotlight on Bessemer, Alabama Nationally, Amazon has 950,000 employees and is the US’ second largest employer after Walmart. Analysts expect Amazon to eventually take the top […]

  • MacBook, iPad Production Delayed Due to Global Chip Shortage

    ZeroHedge - Apr 8th 2021 9:19am EDT

    MacBook, iPad Production Delayed Due to Global Chip Shortage When pervasive chip and semiconductor shortages are threatening supply chains worldwide, it is hardly a surprise that Apple, one of the largest silicon buyers, has postponed the production of some MacBooks and iPads, according to a new report from Nikkei Asia. The report said chip shortages are […]

  • Rabo: “If One Atlas Shrugs, It Suggests A US Tax Grab, Capital Flight, Huge Malinvestment And Lower GDP Growth”

    ZeroHedge - Apr 8th 2021 9:00am EDT

    Rabo: “If One Atlas Shrugs, It Suggests A US Tax Grab, Capital Flight, Huge Malinvestment And Lower GDP Growth” By Michael Every of Rabobank Let’s start with the Fed minutes. As Philip Marey notes, Fed Chair Powell suggested they could raise the IOER rate and the overnight RRP rate between scheduled meetings if downward pressure […]

  • Robinhood Reportedly Seeking More Liquidity Ahead Of IPO, Failed To Report Some Trades Publicly

    ZeroHedge - Apr 8th 2021 8:46am EDT

    Robinhood Reportedly Seeking More Liquidity Ahead Of IPO, Failed To Report Some Trades Publicly From the beginning, Robinhood has embraced the “move fast and break things” ethos of Silicon Valley startup culture, to the chagrin of the regulators who have struggled to keep abreast of the pioneering discount brokerage credited with inspiring a new retail-trading […]

  • Over 18 Million Americans Are Still On Government Jobless Benefits, Despite Broad ‘Reopenings’

    ZeroHedge - Apr 8th 2021 8:38am EDT

    Over 18 Million Americans Are Still On Government Jobless Benefits, Despite Broad ‘Reopenings’ After briefly dipping below 700k two weeks ago, the number of Americans filing for first time jobless claims has spiked back to 744k. This is coming despite reopenings happening broadly across America… Source: Bloomberg California and New York were the biggest drivers […]

  • Markets Are Priced For Perfection In A Very Imperfect World

    ZeroHedge - Apr 8th 2021 8:21am EDT

    Markets Are Priced For Perfection In A Very Imperfect World Authored by Bill Blain via MorningPorridge.com, Buy, Eat, Buy, Sleep, Repeat? “The real world is where the monsters are….. ” Markets are priced for perfection in a very imperfect world. As stocks hit new highs, are the bulls or bears correct? Politics are likely to […]

  • ECB Minutes: Here Are The Main Highlights

    ZeroHedge - Apr 8th 2021 8:20am EDT

    ECB Minutes: Here Are The Main Highlights One day after the FOMC minutes, we got the ECB’s account of its latest March 10-11 Governing Council meeting which said that “the recent tightening of financing conditions was generally seen as premature for the euro area, which was still in a weaker cyclical position than the U.S.” […]

  • Seven Climate Change Protestors Arrested For Smashing Windows At Barclays’ London Headquarters

    ZeroHedge - Apr 8th 2021 8:06am EDT

    Seven Climate Change Protestors Arrested For Smashing Windows At Barclays’ London Headquarters Seven climate protestors were arrested on Wednesday after breaking windows at Barclays to protest “the role of the financial world in climate change”. Whatever that means… Regardless, the group called “Extinction Rebellion” used hammers to break the glass at Barclays before posting a […]

  • S&P Futures, European Stocks Hit New All-Time Highs As Rates Slide

    ZeroHedge - Apr 8th 2021 7:50am EDT

    S&P Futures, European Stocks Hit New All-Time Highs As Rates Slide European stocks hit a new record highs on Thursday, buoyed by optimism in Britain over easing lockdown restrictions, while the benign outlook on US interest rates revealed in the latest FOMC Minutes where the Fed indicated it will maintain its commitment to supportive policy, […]

  • UK Slaps Restrictions On AstraZeneca Jab Despite Insisting It Is “Safe For All Ages”

    ZeroHedge - Apr 8th 2021 7:15am EDT

    UK Slaps Restrictions On AstraZeneca Jab Despite Insisting It Is “Safe For All Ages” Now that the EMA has acknowledged a “possible link” between the AstraZeneca vaccine and the deadly cerebral blood clots that have contributed to more than a dozen deaths across Europe, it appears the floodgates have opened, and both the UK and […]

  • War On Cash: The Next Phase Begins

    ZeroHedge - Apr 8th 2021 6:30am EDT

    War On Cash: The Next Phase Begins Authored by James Rickards via The Daily Reckoning, With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it’s easy to overlook the ongoing war on cash. That’s a mistake because it has serious implications not only for your money, but […]

  • Hikers Evacuated As Iceland Volcano Unleashes New Lava Stream 

    ZeroHedge - Apr 8th 2021 5:45am EDT

    Hikers Evacuated As Iceland Volcano Unleashes New Lava Stream  Lava poured out of a new fissure at an Icelandic volcano earlier this week near the capital Reykjavik, according to AFP. This is the third fissure to open in the nearly three-week-old volcanic eruption.  The Icelandic Department of Emergency Management announced an immediate evacuation of hikers in the […]

  • Can Credit Suisse Avoid Becoming The ‘Deutsche Bank’ Of Switzerland?

    ZeroHedge - Apr 8th 2021 5:00am EDT

    Can Credit Suisse Avoid Becoming The ‘Deutsche Bank’ Of Switzerland? Authored by Bill Blain via MorningPorridge.com, “And the future is certain, give us time to work it out…” Markets were shaken but unstirred by the collapse of Greensill and the Archegos unwind trades. Credit Suisse is the ultimate loser of the two scandals – reputationally […]

  • Scientists Call BS On WHO’s Wuhan ‘Investigation’ – Demand Legitimate Probe With Or Without China

    ZeroHedge - Apr 8th 2021 4:15am EDT

    Scientists Call BS On WHO’s Wuhan ‘Investigation’ – Demand Legitimate Probe With Or Without China After a joint investigation between China and the World Health Organization (WHO) failed to produce a legitimate explanation for the origins of COVID-19, a group of international scientists has cried foul – and is demanding “more rigorous investigations” – with […]

  • Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America

    ZeroHedge - Apr 8th 2021 2:45am EDT

    Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America Mercedes looks like it is joining the cabal of automakers who have smashed expectations for Q1, as the auto industry posts its first YOY comps that are helped along by last year’s global Covid lockdown.  Sales were up 22% in Q1 thanks to […]

  • Escobar: Bombshell Book In Germany Revives 9/11 As A Business Model

    ZeroHedge - Apr 8th 2021 2:00am EDT

    Escobar: Bombshell Book In Germany Revives 9/11 As A Business Model Authored by Pepe Escobar via The Saker blog, Nearly 20 years after 9/11, Germany and the German-speaking world are being hit by a formidable one-two. A ground-breaking study by gifted independent financial journalist Lars Schall, Denken wie der Feind – 20 Jahre Ausnahmezustand 9/11 und […]

  • Germany Says It Will Buy Russia’s Sputnik Vaccine, But EU Approving Agency To Likely Drag Its Feet

    ZeroHedge - Apr 8th 2021 1:00am EDT

    Germany Says It Will Buy Russia’s Sputnik Vaccine, But EU Approving Agency To Likely Drag Its Feet At the moment over 50 countries across the globe have approved use of the “controversial” Sputnik V vaccine… controversial of course not with regards to science or effectiveness, but merely that it’s Russian-produced.  There continues to be huge […]

  • Scenes From 2030

    ZeroHedge - Apr 8th 2021 12:00am EDT

    Scenes From 2030 Authored by TE Creus via Off-Guardian.org, “Hi, dude!” “Oh. Hi. How are you?” “I’m good. How do you like my shoes?” “Nice. Are those…” “Yeah. The original Nike Lil Nas X Satan’s Shoes, version 2030.” “Wow. But don’t those cost a fortune? How can you afford them, with just the Universal Basic Income?” “Well, […]

  • Naval Mine Washes Ashore On South Florida Beach

    ZeroHedge - Apr 7th 2021 11:40pm EDT

    Naval Mine Washes Ashore On South Florida Beach An unusual discovery on a South Florida beach Sunday promoted local police, the bomb squad, and the military to investigate a gray spherical device, reported CBS Miami.  According to the Broward Sheriff’s Office, a naval mine, measuring about four feet in diameter, washed ashore early Sunday morning near […]

  • Major Fire At Pemex Refinery In Mexico Leaves Seven Injured 

    ZeroHedge - Apr 7th 2021 11:28pm EDT

    Major Fire At Pemex Refinery In Mexico Leaves Seven Injured  A massive fire erupted on Wednesday evening at an oil refinery operated by Petroleos Mexicanos (Pemex) in the city of Minatitlan in the eastern Mexican state of Veracruz, reported Reuters.  “Specialized staff of Pemex attends a fire in the transfer pump house of the Gral. Lázaro […]

  • Biden Admin Plots Revenge On Russia For Alleged Hacking, Meddling

    ZeroHedge - Apr 7th 2021 11:20pm EDT

    Biden Admin Plots Revenge On Russia For Alleged Hacking, Meddling President Joe Biden – whose son Hunter received $3.5 million by the wife of the late Moscow Mayor Yuri Luzhkov for reasons unknown – is preparing to retaliate for various Russian misdeeds, including the SolarWinds hack and election interference, according to Bloomberg. Retaliatory options may […]

  • Hypersonic Weapon? Black Triangular Object Spotted Over Pasadena

    ZeroHedge - Apr 7th 2021 11:00pm EDT

    Hypersonic Weapon? Black Triangular Object Spotted Over Pasadena Self-professed extraterrestrial expert and conspiracy theorist Scott C. Warin uploaded a video on YouTube of an unexplainable phenomenon over the skies of Pasadena, California, last month.  Warin is a UFO hunter who manages the blog UFOSightingsDaily and wrote some commentary on the sighting.  He said the object floating over the Pasadena skies appeared to […]