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  • 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 […]

  • Yes, America Is On The Verge Of Yet Another Toilet Paper Crisis

    ZeroHedge - Apr 5th 2021 12:25pm EDT

    Yes, America Is On The Verge Of Yet Another Toilet Paper Crisis Authored by Michael Snyder via The End of The American Dream blog, It is starting to happen again.  Do you remember how “panic buying” caused a massive shortage of toilet paper and other basic essentials during the early days of the COVID pandemic […]

  • Dollar Tumbles After Goldman Closes Short USD Reco

    ZeroHedge - Apr 5th 2021 12:05pm EDT

    Dollar Tumbles After Goldman Closes Short USD Reco It may not be quite a “Thomas Stolper reco“, but the dollar reaction to Goldman’s announcement on Friday to close its long-running dollar short is certainly one that brings back a few memories of the infamous Kermit photo. In a Friday note from Goldman’s Zach Pandl titled […]

  • Prosecutors Ask Jurors To Dismiss George Floyd Autopsy Findings

    ZeroHedge - Apr 5th 2021 11:51am EDT

    Prosecutors Ask Jurors To Dismiss George Floyd Autopsy Findings Authored by Jonathan Turley, I previously wrote that the key to conviction in the Derek Chauvin trial (and avoiding a cascading failure in all four cases) is the autopsy findings and the role of drugs (including fentanyl) in the body of George Floyd. Prosecutors are now asking the jury to effectively dismiss […]

  • Poll Finds Almost Half Of Americans Want Vaccine Passports

    ZeroHedge - Apr 5th 2021 11:04am EDT

    Poll Finds Almost Half Of Americans Want Vaccine Passports Authored by Steve Watson via Summit News, A Rasmussen poll has revealed that almost half of Americans support the introduction of vaccine passports in order to get “back to normal.” The findings were released over the Easter period, and noted that 44% of Americans said that a […]

  • BofA “Sell” Signal Triggered Any Moment… The Last This Happened Time Was May 2007

    ZeroHedge - Apr 5th 2021 10:49am EDT

    BofA “Sell” Signal Triggered Any Moment… The Last This Happened Time Was May 2007 Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two months later to capture the market’s retail euphoria… .. […]

  • Why Joe Biden’s $2 Trillion Infrastructure Plan May Fail

    ZeroHedge - Apr 5th 2021 10:25am EDT

    Why Joe Biden’s $2 Trillion Infrastructure Plan May Fail Authored by Daniel Lacalle, President Biden has announced the American Jobs Plan, which is summed up in the headlines as a $2 trillion investment program in infrastructure and green energy plan is expected to boost job creation, strengthen the manufacturing sector, and drive innovation. However, most […]

  • “The Biggest Concern Is Stagflation” – Factory Orders Tumble As Services Surveys Signal Soaring Inflation

    ZeroHedge - Apr 5th 2021 10:10am EDT

    “The Biggest Concern Is Stagflation” – Factory Orders Tumble As Services Surveys Signal Soaring Inflation Echoing the Manufacturing surveys’ main theme, US Services sector surveys from Markit and ISM show input costs are exploding higher. Despite weakness in ‘hard’ macro data, Markit’s Services survey surged ahead to its highest since July 2014 ( up from […]

  • Hunter Biden Dishes On Crack Use, Insists “100% Certain” DoJ Probe Will Clear Him Of Wrongdoing

    ZeroHedge - Apr 5th 2021 9:50am EDT

    Hunter Biden Dishes On Crack Use, Insists “100% Certain” DoJ Probe Will Clear Him Of Wrongdoing Following its publication of bombshell revelations concerning Hunter Biden and his alleged influence peddling, which led him to take a stake in a Chinese investment vehicle created in partnership with politically-connected individuals, the New York Post was immediately censored […]

  • What’s Changed And What Hasn’t In A Tumultuous Year

    ZeroHedge - Apr 5th 2021 9:35am EDT

    What’s Changed And What Hasn’t In A Tumultuous Year Authored by Charles Hugh Smith via OfTwoMinds blog, Inequality is America’s Monster Id, and we’re continuing to fuel its future rampage daily. What’s changed and what hasn’t in the past year? What hasn’t changed is easy: 1. Wealth / income inequality is still increasing. (see chart #1 […]

  • Key Events This Week: Minutes, Services And Producer Prices

    ZeroHedge - Apr 5th 2021 9:25am EDT

    Key Events This Week: Minutes, Services And Producer Prices Looking at the key events this week which takes place in the usual post payrolls data lull, the main event will be the latest FOMC minutes on Wednesday, which will offer a more upbeat assessment of the economy but reiterate the need to be patience in […]

  • Yellen Urges US Allies To Adopt Global Minimum Corporate Tax Rate

    ZeroHedge - Apr 5th 2021 9:10am EDT

    Yellen Urges US Allies To Adopt Global Minimum Corporate Tax Rate To help offset the cost of his multi-trillion infrastructure/climate-change/wealth redistribution plan, President Biden is seeking to push through the largest federal tax increase in decades – some say it’ll be the biggest since 1942. But as his Republican (and even some Democratic) critics have […]

  • Rabo: From “Play Ball” To Curve Ball In No Time At All

    ZeroHedge - Apr 5th 2021 8:50am EDT

    Rabo: From “Play Ball” To Curve Ball In No Time At All By Michael Every of Rabobank He Believes Anything Friday’s US payrolls report surprised to the upside, with 916K job gains vs. 660K expected, suggesting hopes for a Great Reflation. This was before new stimulus had passed, or even newer stimulus had been floated, […]

  • US Airports Busiest In More Than Year On Good Friday 

    ZeroHedge - Apr 5th 2021 8:33am EDT

    US Airports Busiest In More Than Year On Good Friday  Good Friday was one of the busiest days for US airports in 13 months, despite the rising threats of COVID-19 rates. With nearly 104.2 million people vaccinated, or 31% of the population received at least one dose, millions of Americans flooded airports over the holiday […]

  • Survey Of Retail Investors Shows The Blind Lead The Blind

    ZeroHedge - Apr 5th 2021 8:14am EDT

    Survey Of Retail Investors Shows The Blind Lead The Blind Authored by Lance Roberts via RealInvestmentAdvice.com, In retail investing, do the “blind lead the blind?” Such was a question I asked recently about young investors who are “Long Confidence And Short Experience.” However, a recent survey by MagnifyMoney dug much deeper into the subject. Our previous article’s gist is […]

  • Futures Ramp To Record High In Aftermath Of Blockbuster Jobs; Tesla Soars

    ZeroHedge - Apr 5th 2021 8:00am EDT

    Futures Ramp To Record High In Aftermath Of Blockbuster Jobs; Tesla Soars S&P futures surged and most Asian stocks climbed (Europe remains closed for Easter holiday) as investors digested Friday’s unexpectedly strong jobs report which showed the strongest jobs growth in seven months and could mark the beginning of the best annual economic growth in […]

  • GME Shares Plunge As Company Moves To Sell 3.5M New Shares

    ZeroHedge - Apr 5th 2021 7:24am EDT

    GME Shares Plunge As Company Moves To Sell 3.5M New Shares More than 2 months have passed since Robinhood shut off trading in Gamestop while the firm’s shares soared past the $400 mark, marking a historic confrontation between an army of GME-hodling “apes” and hedge funds like Melvin Capital, not to mention the mighty hedge […]

  • “Cars Are 2021’s Toilet Paper” – US Automakers Report Blowout First Quarter As EV Sales Soar

    ZeroHedge - Apr 5th 2021 6:30am EDT

    “Cars Are 2021’s Toilet Paper” – US Automakers Report Blowout First Quarter As EV Sales Soar The major automakers look to finally be back. And this time around, they’re selling EVs, too. What’s selling? “Everything,” said one Ford dealer. “The only explanation that I can even muster is that cars are 2021’s version of toilet paper […]

  • Disorder Will Come…

    ZeroHedge - Apr 5th 2021 6:00am EDT

    Disorder Will Come… Authored by Egon von Greyerz via GoldSwitzerland.com, When bubbles burst, we will discover how very few superior men there actually are – as defined by Confucius: “The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility […]

  • SPAC Boom Upends Wall Street League Tables, Sparks Best Quarter For Dealmaking Since 1980

    ZeroHedge - Apr 5th 2021 5:15am EDT

    SPAC Boom Upends Wall Street League Tables, Sparks Best Quarter For Dealmaking Since 1980 Just as an army of sell-side capital markets analysts are raising their year-end estimates for SPX (now north of 4k) as we head into April, historically the most bullish month, investment banks like Goldman are already starting to revisit their projections […]

  • We Cannot Afford To Censor Dissenting Voices During A Pandemic – Prof Martin Kulldorff

    ZeroHedge - Apr 5th 2021 4:30am EDT

    We Cannot Afford To Censor Dissenting Voices During A Pandemic – Prof Martin Kulldorff Authored by ‘Oliver May’, Now that we are allowed to meet up in groups of six outside their homes, Matt Hancock is warning us not to do anything foolish, like hug one another or breach the two metre rule. “Do it […]

  • AI-Powered Backpack For Blind People To Replace Guide Dogs

    ZeroHedge - Apr 5th 2021 3:45am EDT

    AI-Powered Backpack For Blind People To Replace Guide Dogs Researchers at the University of Georgia have developed a prototype wearable AI system in the form of a voice-activated backpack that allows visually impaired people to navigate the world around them without a guide dog, according to Forbes.  The ground-breaking system is embedded within a backpack and […]

  • Mutual Assured Destruction Leaves No Winners

    ZeroHedge - Apr 5th 2021 3:00am EDT

    Mutual Assured Destruction Leaves No Winners Authored by Bruce Wilds via Advancing Time blog, Like many people, I do not find what is known as the concept of Mutual Assured Destruction, or MAD to be reassuring. Today, those most fearful seem to be those people that lived through the tumultuous 1960s and the cold war, […]

  • Why US Troops Will Never Be Pulled Out Of Syria

    ZeroHedge - Apr 4th 2021 11:30pm EDT

    Why US Troops Will Never Be Pulled Out Of Syria Authored by “Ehsani” – a Middle East expert, Syrian-American banker and financial analyst who visits the region frequently and writes for the influential geopolitical analysis blog, Syria Comment.  A friend recently asked: “Surely, the American Army is not staying in Syria forever and sooner or later they […]

  • FBI Raids Business Renting Anonymous Safety Deposit Boxes, Forces Customers To Reveal Identity To Get Stuff Back

    ZeroHedge - Apr 4th 2021 11:00pm EDT

    FBI Raids Business Renting Anonymous Safety Deposit Boxes, Forces Customers To Reveal Identity To Get Stuff Back In a case that’s already sparked one lawsuit, a Beverly Hills strip mall business which rents private, anonymous safe deposit boxes was raided by the FBI last month – at which time the agency conducted a blanket seizure […]