News From ZeroHedge, Page 2622

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  • Watch Live: Trump Addresses Supporters At “Save America” Rally

    ZeroHedge - Jan 6th 2021 10:55am EST

    Watch Live: Trump Addresses Supporters At “Save America” Rally As hundreds of thousands of Trump supporters flood downtown Washington ready to march to Capitol Hill in the latest “Stop the Steal” rally, President Trump is expected to speak at 1100ET, where he will address his supporters and likely offer some commentary on the votes in […]

  • Here Are The Full “Blue Wave” Implications For Politics, Markets And The Economy

    ZeroHedge - Jan 6th 2021 10:41am EST

    Here Are The Full “Blue Wave” Implications For Politics, Markets And The Economy The Democrats are on the verge of winning the two Georgia Senate elections, according to news agencies as multiple sources have called the race for Raphael Warnock while Decision Desk HQ has called the race for Ossoff. With these victories, Democrats would […]

  • WTI Holds Above $50 After Huge Product Builds Offset Big Crude Draw

    ZeroHedge - Jan 6th 2021 10:37am EST

    WTI Holds Above $50 After Huge Product Builds Offset Big Crude Draw Oil prices have held on to their ‘Saudi Shocker’ gains overnight despite the surprising surge in product stocks reported by API. WTI is holding the $50 Maginot Line as markets continue to digest yesterday’s big move by The Kingdom to paper over cracks […]

  • Audio Captures Ominous Threat To Crash Plane Into US Capitol

    ZeroHedge - Jan 6th 2021 10:30am EST

    Audio Captures Ominous Threat To Crash Plane Into US Capitol CBS News has obtained audio of a threat to attack the US Capitol which was illegally broadcast over FAA airwaves, now subject of an urgent federal investigation.  In the audio a digitized voice can be heard saying that an aircraft will be flown into Washington […]

  • How The Fed Juices Stocks

    ZeroHedge - Jan 6th 2021 10:15am EST

    How The Fed Juices Stocks Authored by Michael Lebowitz via RealInvestmentAdvice.com, We came across the following bullet points from a Seeking Alpha article titled- The Fed is not Juicing the Stock Market. It makes for a great headline, but the Fed is not the cause of this rally. Every dollar the Fed has pumped into the […]

  • US Factory Orders Surprise To Upside In November

    ZeroHedge - Jan 6th 2021 10:05am EST

    US Factory Orders Surprise To Upside In November Amid a resurgence of the virus and the concomitant lockdowns, weakness in PMIs, and rising joblessness, analysts still expected Factory Orders to rise in November and they did… more than expected. US Factory Orders rose 1.0% MoM in November (more than the +0.7% expected) and October was […]

  • Car Companies Expected To Post Lowest Sales In A Decade As Focus Turns To 2021 Recovery

    ZeroHedge - Jan 6th 2021 10:00am EST

    Car Companies Expected To Post Lowest Sales In A Decade As Focus Turns To 2021 Recovery Auto sales numbers for the end of 2020 could be the harbinger of a recovery to come in 2021 – but the annual numbers for 2020 are undoubtedly going to look ugly in the grand scheme of things.  Despite […]

  • US Services Sector Disappoints In December As Costs Soar

    ZeroHedge - Jan 6th 2021 9:52am EST

    US Services Sector Disappoints In December As Costs Soar After US Manufacturing PMI ‘surprisingly’ beat and jumped to 7 year highs (thanks to the fallacy of attributing surging Supplier Delivery Times as a positive rather than lockdown-based supply chain disruptions), Europe’s PMI disappointed this morning and analysts expected US Services PMI to slide slightly further […]

  • Bill Miller Sees Bitcoin Exploding Higher Amid “Torrent” Of Corporate Cash Inflows

    ZeroHedge - Jan 6th 2021 9:45am EST

    Bill Miller Sees Bitcoin Exploding Higher Amid “Torrent” Of Corporate Cash Inflows Back in late November, and well before the current explosive phase in bitcoin’s price was a reality, we tweeted a very simple argument for why we thought the cryptocurrency would surge: following in the footsteps of MicroStrategy, which took the innovative route of […]

  • Assange Denied Bail By UK Judge Over Flight Risk

    ZeroHedge - Jan 6th 2021 9:31am EST

    Assange Denied Bail By UK Judge Over Flight Risk WikiLeaks’ Julian Assange has been denied bail by the London court which two days ago blocked the US extradition request. The UK judge rejected the bail request on fears that he’s a flight risk, even though he’s not facing criminal charges in the UK. “I am […]

  • Rabobank: Can One Model What Is Going To Happen Today?…. No

    ZeroHedge - Jan 6th 2021 9:15am EST

    Rabobank: Can One Model What Is Going To Happen Today?…. No By Michael Every of Rabobank Déjà Blue An economist once said to me “We don’t look at politics because we can’t model it.” As Trotsky once said to the world, “You may not be interested in war, but war may be interested in you.” […]

  • Morgan Stanley’s Adam Jonas Chases Tesla Price, Raising Target To $810 From $540

    ZeroHedge - Jan 6th 2021 9:01am EST

    Morgan Stanley’s Adam Jonas Chases Tesla Price, Raising Target To $810 From $540 Tesla is once again moving higher on Wednesday morning, up about 5% in pre-market trading on the heels of yet another sell side analyst upgrade. Not one to be outdone by a gamma squeeze, Morgan Stanley’s Adam Jonas continued his saga of making up reasons to […]

  • If Congress Was Genuinely Interested In Democracy, They Would Welcome An Election Commission

    ZeroHedge - Jan 6th 2021 8:44am EST

    If Congress Was Genuinely Interested In Democracy, They Would Welcome An Election Commission Authored by Tho Bishop via The Mises Institute, America stands over two months after Election Day, and yet tension remains in the air over the outcome of the presidential race. Legally, little has changed. The full expectation should be – as it […]

  • Ossoff Declares Victory In Georgia Senate Runoff As Democrats Poised To Control Congress

    ZeroHedge - Jan 6th 2021 8:29am EST

    Ossoff Declares Victory In Georgia Senate Runoff As Democrats Poised To Control Congress Democrats are poised to control the US Senate after Georgia runoff candidate Jon Ossoff declared victory over Republican David Perdue Wednesday morning, as he enjoyed a lead of around 16,000 votes in a race that many news organizations held off on calling […]

  • ADP Prints Big Surprise Drop In Employment In December

    ZeroHedge - Jan 6th 2021 8:18am EST

    ADP Prints Big Surprise Drop In Employment In December After a few weeks of re-rising jobless claims (with Pandemic Emergency claims substituted for normal ongoing claims) and over 20 million Americans still on unemployment rolls, analysts expected a weak +75k rise in employment from ADP in December. Instead it was much worse, with ADP reporting […]

  • Treasury Yields, Bitcoin And Small Caps Soar; Tech And Dollar Tumble On Possible Georgia Blue Sweep

    ZeroHedge - Jan 6th 2021 8:03am EST

    Treasury Yields, Bitcoin And Small Caps Soar; Tech And Dollar Tumble On Possible Georgia Blue Sweep Bond yields, bitcoin and small cap stocks surged while tech stocks and the dollar tumbled on Wednesday on the prospect of more stimulus and tougher tech regulation if Democrats take control of the U.S. Senate following a run-off election […]

  • Trump Slams “Fake News” NYT Report That Pence Said He ‘Lacks Authority’ To Change Election Result

    ZeroHedge - Jan 6th 2021 7:55am EST

    Trump Slams “Fake News” NYT Report That Pence Said He ‘Lacks Authority’ To Change Election Result President Trump claimed in a Tuesday night statement that he and Vice President Mike Pence are in “total agreement” on Pence’s authority to alter the outcome of the 2020 election, refuting an anonymously sourced report in the New York […]

  • China Finds 63 COVID Cases, Orders First Lockdown In Hebei Since June; EU Approves Moderna Vaccine: Live Updates

    ZeroHedge - Jan 6th 2021 7:30am EST

    China Finds 63 COVID Cases, Orders First Lockdown In Hebei Since June; EU Approves Moderna Vaccine: Live Updates Summary: Hebei on lockdown EU regulator approves Moderna vaccine China sees biggest outbreak since June 63 new cases found in Hebei Tokyo reports new record Japan state of emergency coming Serbia starts giving “Sputnik V” Iran records […]

  • Why One Bank Is Optimistic On The COVID Vaccine Rollout

    ZeroHedge - Jan 6th 2021 7:00am EST

    Why One Bank Is Optimistic On The COVID Vaccine Rollout If 2020 was the year of covid, 2021 will be the year of the covid vaccine according to Bank of America. And, as such, the year will revolve around the success of vaccines, Deutsche Bank’s Jim Reid writes in his Chart of the Day note […]

  • CalPERS Searching For A CIO Who Can Handle “Appearances on CNBC”

    ZeroHedge - Jan 6th 2021 6:30am EST

    CalPERS Searching For A CIO Who Can Handle “Appearances on CNBC” Apparently investing acumen isn’t the first thing CalPERS is considering while searching for a new CIO who is going to be tasked with making “at least 7% a year” on an annualized basis. Instead, the selection committee who is looking for a new CIO […]

  • What 2020’s Equity Volatility Says For 2021

    ZeroHedge - Jan 6th 2021 6:00am EST

    What 2020’s Equity Volatility Says For 2021 Submitted by DataTrek Research US equities are off to a rocky start to 2021 after an especially volatile 2020, which is exactly why we count the number of trading sessions when the S&P 500 moves more than 1 percent up or down (like Monday). This is our fundamental benchmark […]

  • Andrew Left’s Citron Capital Ends 2020 Up 155% Net Of Fees

    ZeroHedge - Jan 6th 2021 5:30am EST

    Andrew Left’s Citron Capital Ends 2020 Up 155% Net Of Fees Short seller Andrew Left’s Citron Capital finished 2020 up 202% gross, and 155% net of fees, according to a letter published to the fund’s website on Monday. “One year ago, in the Citron Capital 2019 annual letter, we noted that Citron would never opine […]

  • Comedian Rowan Atkinson: Cancel Culture “Like A Medieval Mob”

    ZeroHedge - Jan 6th 2021 5:00am EST

    Comedian Rowan Atkinson: Cancel Culture “Like A Medieval Mob” Authored by Steve Watson via Summit News, Rowan Atkinson, famous for portraying the characters Mr Bean and Blackadder, has once again hit headlines for slamming the rise of a destructive cancel culture. In an interview with the UK’s Radio Times, Atkinson described online trolls trying to […]

  • US Judge Blocks Trump Sanctions On International Criminal Court Prosecutors 

    ZeroHedge - Jan 6th 2021 4:15am EST

    US Judge Blocks Trump Sanctions On International Criminal Court Prosecutors  Last summer into early September the Trump administration took the dramatic action of attempting to sanction top prosecutors of the International Criminal Court (ICC) based in the Hague. This was in reaction to the ICC opening a major, controversial investigation into widespread allegations of US soldiers […]

  • France’s Vaccine Strategy: What Has Gone Wrong

    ZeroHedge - Jan 6th 2021 3:30am EST

    France’s Vaccine Strategy: What Has Gone Wrong Submitted by Christopher Dembik, head of macro analysis at Saxo Bank Summary:  France is ranked last in Bloomberg’s worldwide Covid vaccine tracker with only 516 people vaccinated since the campaign vaccination started on 27 December, 2020. Confronted with harsh criticism over its strategy, the French government has recently […]