• Majority Of Americans Reject Democrats’ “Election Integrity” Outrage, Support Voter IDs

    ZeroHedge - Apr 5th 2021 8:00pm EDT

    Majority Of Americans Reject Democrats’ “Election Integrity” Outrage, Support Voter IDs Earlier today, Mitch McConnell blasted the “Outrage Industrial Complex” over the lemming-like response to Georgia’s voting integrity reforms. “Our private sector must stop taking cues from the Outrage-Industrial Complex,” McConnell added. “Americans do not need or want big business to amplify disinformation or react […]

  • Peter Schiff: Friday’s Payrolls Report Does Not Reflect “Job Creation”

    ZeroHedge - Apr 5th 2021 7:40pm EDT

    Peter Schiff: Friday’s Payrolls Report Does Not Reflect “Job Creation” Via SchiffGold.com, The economy is recovering quickly! Just look at the rebounding jobs market. But in a recent podcast, Peter Schiff poured cold water on the notion that falling unemployment is necessarily a sign of an impending economic boom. After all, people going back to […]

  • South Korea’s LG Abandons Smartphones As Electric Vehicles Business Sees Explosive Growth

    ZeroHedge - Apr 5th 2021 7:20pm EDT

    South Korea’s LG Abandons Smartphones As Electric Vehicles Business Sees Explosive Growth Samsung, the world’s biggest smartphone maker, has just cemented its dominance in its home market after one of its earliest domestic competitors, LG, decided to throw in the towel. After five years of worsening losses, South Korea’s LG Electronics, a dominant player in […]

  • Is Outside Air COVID-Safe? Are Masks Needed Outdoors?

    ZeroHedge - Apr 5th 2021 7:00pm EDT

    Is Outside Air COVID-Safe? Are Masks Needed Outdoors? Via Cliff Mass Weather Blog, When I visit parks in Seattle and the region, bike along the Burke Gilman Trail, cross-country ski at WA snowparks, or go hiking in the Cascades, I note that many people are wearing masks outdoors to avoid COVID-19.  A lot of people. Some […]

  • Japan Poised To Allow Coast Guard To Fire On Chinese Vessels In New Legislation 

    ZeroHedge - Apr 5th 2021 6:40pm EDT

    Japan Poised To Allow Coast Guard To Fire On Chinese Vessels In New Legislation  New legislation being considered that would radically alter current Japan Coast Guard policy toward how it engages foreign vessels in Japan’s waters could inadvertently hurl the region toward a hot conflict involving China.  The new proposed law comes at a moment […]

  • Monetary Policy At A Crossroad: Policymakers Need To Break Promise Of Easy Money To Avoid Boom-Bust

    ZeroHedge - Apr 5th 2021 6:20pm EDT

    Monetary Policy At A Crossroad: Policymakers Need To Break Promise Of Easy Money To Avoid Boom-Bust Submitted by Joseph Carson, former chief economist at Alliance Bernstein The Federal Reserve’s new policy approach is that policymakers want to see “actual progress, not forecast progress” before deciding to change its policy stance. Substantial actual progress is occurring […]

  • New York Millionaires To Pay Highest Income Tax In The Country

    ZeroHedge - Apr 5th 2021 6:00pm EDT

    New York Millionaires To Pay Highest Income Tax In The Country Vote woke, go broke. After years of paying the highest income tax in the country, the privilege of being the most IRS-abused group shifts from virtue-signaling California 1%-ers to New York millionaires, who would pay the highest income tax in the United States under […]

  • The Hunter Biden Show: Why Biden’s Most “Beautiful Thing” May Be Media Collusion

    ZeroHedge - Apr 5th 2021 5:40pm EDT

    The Hunter Biden Show: Why Biden’s Most “Beautiful Thing” May Be Media Collusion Authored by Jonathan Turley, Below is my column in the Hill on recent interviews by Hunter Biden, which appear to incriminate him in a possible federal felony. What is most striking from a journalistic perspective is that Biden’s book is a target […]

  • Iran Says It Captured An “Israeli Spy” Near Northwest Border

    ZeroHedge - Apr 5th 2021 5:20pm EDT

    Iran Says It Captured An “Israeli Spy” Near Northwest Border Iranian state sources on Monday are reporting that security services have arrested an “Israeli spy” in the country’s northwest region.  According to Reuters the Iranian news website Young Journalists Club didn’t elaborate on whether the detained individual is an Iranian or an Israeli national. Israeli intelligence is widely […]

  • Credit Suisse Dumping Huge Archegos Blocks; Liquidating Millions In VIACS, VIPS And FTCH

    ZeroHedge - Apr 5th 2021 5:18pm EDT

    Credit Suisse Dumping Huge Archegos Blocks; Liquidating Millions In VIACS, VIPS And FTCH Literally moments ago we said that the Archegos portoflio was being sold off all day on fears of “stealth” prime broker deleveraging, as tens of millions of shares were yet to be accounted for. Then, moments after 5pm, Credit Suisse – the […]

  • Archegos Positions Slide Amid Fears Of Stealth Prime Broker Deleveraging

    ZeroHedge - Apr 5th 2021 5:07pm EDT

    Archegos Positions Slide Amid Fears Of Stealth Prime Broker Deleveraging While the S&P closed at a new all time high, it was an ugly day for the so-called “Archegos stocks” which first puked two weeks ago when Bill Huang’s family office was margin called to oblivion… … and despite stabilizing last week, today the selling […]

  • Pritzker Lobbies For Huge Federal Tax Cut For The Rich With Dishonest Letter To Biden

    ZeroHedge - Apr 5th 2021 5:00pm EDT

    Pritzker Lobbies For Huge Federal Tax Cut For The Rich With Dishonest Letter To Biden Authored by Mark Glennon via Wirepoints.org, Gov. JB Pritzker and governors from six other high tax blue states sent a letter on April 1 to President Biden asking for elimination of the cap on SALT deductions for federal income tax calculations. That’s […]

  • Sen. Rubio Hammers Hypocrite MLB Commish, Asks: Will You Give Up Augusta Golf Club Membership?

    ZeroHedge - Apr 5th 2021 4:20pm EDT

    Sen. Rubio Hammers Hypocrite MLB Commish, Asks: Will You Give Up Augusta Golf Club Membership? Authored by Douglass Bruff via SaraACarter.com, Florida Sen. Marco Rubio (R) on Monday penned a letter to MLB Commissioner Rob Manfred asking him if he plans to continue his membership at an exclusive Georgia golf club amid of the league’s […]

  • Dollar Dumped; Crude Crushed; Bonds, Bitcoin, & Big-Tech Bid

    ZeroHedge - Apr 5th 2021 4:00pm EDT

    Dollar Dumped; Crude Crushed; Bonds, Bitcoin, & Big-Tech Bid What a difference a weekend makes (and remember that most of Europe and Asia was also on holiday today too). The message from the market today to the reflation trade was simple… Small Caps puked back all their exuberant payrolls gains and big-tech (growth) was panic-bid […]

  • Jobs To Reach Pre-Pandemic Levels By Year-End: BofA

    ZeroHedge - Apr 5th 2021 3:41pm EDT

    Jobs To Reach Pre-Pandemic Levels By Year-End: BofA Judging by the solid ascent in risk assets today, traders are confident that last Friday’s payrolls report was spectacular, or as BofA put it, “it was everything we could have hoped for” where in addition to a whopping 916K jobs added in March amid broad-based job creation, […]

  • “It Was Intentionally False”: 60 Minutes Slammed For Fabricating “Pay-For-Play” Narrative Against Gov. DeSantis

    ZeroHedge - Apr 5th 2021 3:21pm EDT

    “It Was Intentionally False”: 60 Minutes Slammed For Fabricating “Pay-For-Play” Narrative Against Gov. DeSantis CBS News‘ “60 Minutes” – which still hasn’t covered the New York nursing home scandal – has come under fire for fabricating a “pay for play” narrative that Florida Gov. Ron DeSantis (R) gave preferential treatment to Publix to distribute the […]

  • Weinstein Appeals New York Rape Conviction As Lawyers Allege Biased Juror Misled Judge

    ZeroHedge - Apr 5th 2021 3:01pm EDT

    Weinstein Appeals New York Rape Conviction As Lawyers Allege Biased Juror Misled Judge Roughly 13 months after he was sentenced to more than 23 years in prison (an effective life sentence for the 69-year-old movie mogul) after being convicted of rape, nefarious former Hollywood super-producer (and Democratic mega-donor) Harvey Weinstein and his legal team filed […]

  • Market Prices In Accelerated Fed Rate-Hike Timing/Trajectory; Specs Dump Bonds, Abandon VIX Shorts

    ZeroHedge - Apr 5th 2021 2:41pm EDT

    Market Prices In Accelerated Fed Rate-Hike Timing/Trajectory; Specs Dump Bonds, Abandon VIX Shorts As stocks continue to rise ever higher, riding a carpet of global liquidity, there are signs that tsunami of support is losing its mojo… Source: Bloomberg In fact, global central bank balance sheets have flatlined… Source: Bloomberg And as central bank balance […]

  • Alaska Won’t Let Biden Stop Its Oil Boom

    ZeroHedge - Apr 5th 2021 2:20pm EDT

    Alaska Won’t Let Biden Stop Its Oil Boom Authored by Felicity Bradstock via OilPrice.com, New discoveries in Alaska by an Australian independent could provide hope for bigger oil finds yet to come in the country’s National Petroleum Reserve. Australian independent oil firm 88 Energy has been making strides in its Alaska project in recent weeks announcing […]

  • McConnell Slams “Outrage Industrial Complex” As Corporations Behave Like “Woke Parallel Government”

    ZeroHedge - Apr 5th 2021 2:00pm EDT

    McConnell Slams “Outrage Industrial Complex” As Corporations Behave Like “Woke Parallel Government” Senate Minority Leader Mitch McConnell (R-KY) on Monday warned of “serious consequences” if corporations continue to use their economic power to support ‘far-left causes,’ the latest being a lemming response to the new voting law in Georgia, according to Bloomberg. “From election law […]

  • The Daily Nap Perk Will Soon Vanish For Millions Of Workers

    ZeroHedge - Apr 5th 2021 1:40pm EDT

    The Daily Nap Perk Will Soon Vanish For Millions Of Workers Authored by Mike Shedlock via MishTalk, For millions of workers, especially teachers, the daily nap perk of working at home will vanish. How Many Workers are Napping at Home? A Zippia career survey shows a Surprising Number of People Napping While Working at Home. Key […]

  • Comparing Stimmy 1, 2 And 3: Who Spent What And Where

    ZeroHedge - Apr 5th 2021 1:22pm EDT

    Comparing Stimmy 1, 2 And 3: Who Spent What And Where The latest report on BofA aggregate (debt and credit) card data demonstrated what we previously said would be a striking base effect (as it compares the US econ shutdown period from March/April 2020), but it also showed a remarkable increase on a two-year comp […]

  • Crude Is Crashing

    ZeroHedge - Apr 5th 2021 1:11pm EDT

    Crude Is Crashing After its exuberant rip on the day that the latest OPEC+ deal was announced last week, crude prices have collapsed, with WTI plunging back below $60, as reality sets in on what that supply surge really means (combined with Iranian output rising) and demand fears (as European nations lockdown and China demand […]

  • DC Carjack Killers May Be Back On The Streets Within Years

    ZeroHedge - Apr 5th 2021 1:05pm EDT

    DC Carjack Killers May Be Back On The Streets Within Years Authored by Paul Joseph Watson via Summit News, The two teenage girls who were charged with murder after the brutal carjack killing of a Pakistani Uber Eats driver may be back on the streets within years after reportedly securing a plea deal. The shocking […]

  • Republicans Slam ‘Hypocritical’ Biden For Funneling $13 Million Through Tax Loopholes

    ZeroHedge - Apr 5th 2021 12:46pm EDT

    Republicans Slam ‘Hypocritical’ Biden For Funneling $13 Million Through Tax Loopholes President Biden has come under fire by House Republicans for ‘hypocritically’ using an IRS loophole to avoid paying taxes on $13 million in income for tax years 2017 and 2018, while slamming wealthy Americans for using similar schemes to minimize their tax burden, according […]