• Iranian Parliament Passes Law Requiring ‘Destruction Of Israel’

    ZeroHedge - Jan 5th 2021 2:00pm EST

    Iranian Parliament Passes Law Requiring ‘Destruction Of Israel’ Iran already raised alarm bells in Tel Aviv with it’s recent declaration that it will enrich uranium to 20%, causing Israeli Prime Minister Benjamin Netanyahu to again vow that “Israel will not allow Iran to produce nuclear weapons” – as he said on Monday. There are now fears […]

  • Corn Prices Rocket To 6-1/2-Year High As Traders Focus On Argentina 

    ZeroHedge - Jan 5th 2021 1:45pm EST

    Corn Prices Rocket To 6-1/2-Year High As Traders Focus On Argentina  Chicago-traded corn futures are up more than 2% Tuesday morning, hitting 6-1/2 year highs on Monday, as commodity traders are concerned about export disruptions in South America and new weather models that suggest dryness, according to Reuters.  Argentina announced last week that sales of corn for […]

  • The Georgia Bifurcation

    ZeroHedge - Jan 5th 2021 1:26pm EST

    The Georgia Bifurcation By Philip Marey of Rabobank Summary If the Democrats win both run-off elections in Georgia this would open the door to a large fiscal stimulus package and more expansive fiscal policy in the coming years. Part of this will likely be financed by higher taxes somewhere down the road. However, it would […]

  • “Risk-On” Or “Risk-Off” – In 2020, It Didn’t Matter!?

    ZeroHedge - Jan 5th 2021 12:47pm EST

    “Risk-On” Or “Risk-Off” – In 2020, It Didn’t Matter!? Authored by John Authers via Bloomberg.com, Fortune favors the bold. And blessed are the meek for they shall inherit the Earth. Both those things came true simultaneously in 2020. The following chart, from Ian Harnett of Absolute Strategy Research in London, shows the performance of two […]

  • 2020 Default Tsunami: Pandemic Sparks Most US Bankruptcies Since 2009

    ZeroHedge - Jan 5th 2021 12:25pm EST

    2020 Default Tsunami: Pandemic Sparks Most US Bankruptcies Since 2009 While it will hardly come as a surprise to anyone, at least the data is now official: more large US companies filed for bankruptcy in 2020 than in any year since the global financial crisis, after the covid pandemic locked down the US economy and […]

  • A Family Brawl In The House Of Trump

    ZeroHedge - Jan 5th 2021 12:05pm EST

    A Family Brawl In The House Of Trump Authored by Pat Buchanan via Buchanan.org, A week from today, Joe Biden will still be on his inexorable course to become the 46th president of the United States. Why, then, the hysteria that has suddenly gripped this city? The triggering event was the announcement by GOP Sen. […]

  • Wall Street Dealmakers Smash Records By Booking $200BN Over Christmas Holiday

    ZeroHedge - Jan 5th 2021 11:56am EST

    Wall Street Dealmakers Smash Records By Booking $200BN Over Christmas Holiday Although the business press treated the “SPAC” investment craze last year with a modest skepticism, these “reverse IPOs” were only the tip of the deal-frenzy iceberg. Late last year, we noted that JP Morgan had warned its analysts that their Christmas breaks would be […]

  • Did Kamala Harris Plagiarize Martin Luther King Jr.?

    ZeroHedge - Jan 5th 2021 11:25am EST

    Did Kamala Harris Plagiarize Martin Luther King Jr.? Authored by Matt Margolis via PJMedia.com, For Joe Biden, plagiarism has kind of been his thing. His first presidential campaign was doomed by allegations of plagiarism. Not one to learn from his mistakes, his platform, his COVID-19 response plan, and his DNC acceptance speech were all allegedly plagiarized. Suddenly, his selection […]

  • Iran Demands South Korea Unfreeze $7BN In Assets While It Detains Tanker Crew

    ZeroHedge - Jan 5th 2021 11:10am EST

    Iran Demands South Korea Unfreeze $7BN In Assets While It Detains Tanker Crew South Korea has summoned the Iranian ambassador to condemn the Monday seizure of a South Korean-flagged chemical tanker and its crew in the Persian Gulf. Seoul is demanding its immediate release and has dispatched a delegation to Iran to negotiate, following the […]

  • WTI Hits $50 As OPEC Agrees On Modest Output Increase For Russia, Kazakhstan

    ZeroHedge - Jan 5th 2021 10:54am EST

    WTI Hits $50 As OPEC Agrees On Modest Output Increase For Russia, Kazakhstan Amid winks, nods, and rumors, WTI Crude futures have just surged back above $50 for the first time since February after OPEC+ appears to have agreed on a small crude output hike in February. As Reza Zandi reports, OPEC+ will increase the […]

  • ‘Antifa Scumbags’ Terrorize Sen. Hawley’s Wife And Newborn Daughter After Showing Up To DC House

    ZeroHedge - Jan 5th 2021 10:35am EST

    ‘Antifa Scumbags’ Terrorize Sen. Hawley’s Wife And Newborn Daughter After Showing Up To DC House Senator Josh Hawley (R-MO) says that a group of ‘Antifa scumbags’ showed up at his house in Washington D.C. while he was in Missouri and ‘screamed threats, vandalized, and tried to pound open our door.’ Tonight while I was in […]

  • S&P 500 Is Trading At Historical Extremes: “It’s Not The Winning, It’s The ‘Not Losing’ That Counts”

    ZeroHedge - Jan 5th 2021 10:15am EST

    S&P 500 Is Trading At Historical Extremes: “It’s Not The Winning, It’s The ‘Not Losing’ That Counts” Authored by Lance Roberts via RealInvestmentAdvice.com, Welcome to 2021. As we kick off a new year, we begin with the S&P 500 trading at historical extremes. It is essential to have some perspective to set reasonable expectations for […]

  • ISM Manufacturing Unexpectedly Soars As ‘Supplier Delivery Times’ Spike

    ZeroHedge - Jan 5th 2021 10:07am EST

    ISM Manufacturing Unexpectedly Soars As ‘Supplier Delivery Times’ Spike After yesterday’s debacle in Markit’s US Manufacturing PMI (which rose against expectations of a drop thanks to supplier delivery times rising being judged as a ‘positive’ instead of a clear negative due to trade flow disruption on lockdowns), analysts expected ISM’s Manufacturing survey to signal further […]

  • Peter Schiff: Are Global Financial Markets Beginning To Decouple?

    ZeroHedge - Jan 5th 2021 9:45am EST

    Peter Schiff: Are Global Financial Markets Beginning To Decouple? Via SchiffGold.com, The first trading day of 2021 was, as Peter Schiff put it, “atypical.” In his first podcast of 2021, Peter analyzed the unusual day on Wall Street and explored a significant question: are we beginning to see the decoupling in the global financial markets […]

  • Washington D.C. Bans Guns, Calls Up National Guard Ahead Of Pro-Trump Election Protests

    ZeroHedge - Jan 5th 2021 9:32am EST

    Washington D.C. Bans Guns, Calls Up National Guard Ahead Of Pro-Trump Election Protests On Sunday, the Washington D.C. Metropolitan Police Department posted notices prohibiting firearms in the downtown district ahead of the pro-Trump protest beginning on Wednesday, according to Fox 5.  The notice states that a firearms ban went into effect on Monday and will last through […]

  • Former Goldman Exec, Trump Advisor Gary Cohn Joins IBM As Vice Chairman

    ZeroHedge - Jan 5th 2021 9:23am EST

    Former Goldman Exec, Trump Advisor Gary Cohn Joins IBM As Vice Chairman Gary Cohn, the onetime No. 2 at Goldman Sachs who left the vampire squid (and cashed out hundreds of millions in performance-based incentives, tax free) back in 2017 for what turned out to be a brief, but tumultuous, stint in the Trump Administration, […]

  • Rabobank: Here’s How We Could Be Stuck With COVID Forever

    ZeroHedge - Jan 5th 2021 9:15am EST

    Rabobank: Here’s How We Could Be Stuck With COVID Forever By Michael Every of Rabobank You don’t have to be Einstein One of the most frequently used ‘clever’ quotes for journalists and analysts alike is that the definition of insanity is to keep doing the same thing over and over again and yet expecting different […]

  • Brace For “Another Volatile Day”

    ZeroHedge - Jan 5th 2021 9:00am EST

    Brace For “Another Volatile Day” After yesterday’s ‘malarkey’ – the worst start to a year for the S&P 500 in years – Robinhood’rs and their emotional support pigs were/are expecting a BTFD ramp. So far, not so much as stocks languish lower, unable to maintain any bounce overnight as China’s currency markets come back into […]

  • Germany Latest To Extend Lockdown, FDA Warns Against Stretching COVID Vaccine Doses: Live Updates

    ZeroHedge - Jan 5th 2021 8:45am EST

    Germany Latest To Extend Lockdown, FDA Warns Against Stretching COVID Vaccine Doses: Live Updates Summary: Germany likely to impose new COVID lockdown Switzerland could be next Biden COVID advisor on SoCal hospitals: “what it looks like right now is nothing short of…war” Suga says Japan state of emergency coming Indonesian president set to be vaccinated […]

  • Blain: Will The ‘Green’ Economy Trigger The Next Meltdown?

    ZeroHedge - Jan 5th 2021 8:23am EST

    Blain: Will The ‘Green’ Economy Trigger The Next Meltdown? Authored by Bill Blain via MorningPorridge.com, Back in the last century, I spent a large part of my investment career packaging up financial assets, like mortgages, into bonds – securitisation. I was heavily involved with the acquisition financing of a US home lender… which went spectacularly […]

  • US Equity Futures Fail To Rebound Ahead Of Crucial Georgia Vote

    ZeroHedge - Jan 5th 2021 8:11am EST

    US Equity Futures Fail To Rebound Ahead Of Crucial Georgia Vote US equity futures and global stocks tried and failed to rebound from Monday’s rout which was the worst first day to a new year since 2016. Emini futures failed to turn green and were last trading down 7 points or 0.2%, at 3,685, as […]

  • Here Are The Top 5 Consensus Trades As We Enter 2021

    ZeroHedge - Jan 5th 2021 8:00am EST

    Here Are The Top 5 Consensus Trades As We Enter 2021 At the start of every year, the Wall Street consensus is infatuated with a set of ideas, narratives and trades, which shape markets for the next few months, quite often repricing violently especially since so many of them end up being dead wrong. 2021 […]

  • Proud Boys Leader Arrested In Washington Ahead Of Wednesday Protest Rally

    ZeroHedge - Jan 5th 2021 7:00am EST

    Proud Boys Leader Arrested In Washington Ahead Of Wednesday Protest Rally The leader of the Proud Boys, the group that has vocally supported President Trump’s efforts to overturn the election results, was arrested on Monday on charges of destruction of property after he arrived in Washington to protest the congressional certification of the election later […]

  • Andurand Hedge Fund Returns 154% In 2020 Amid Historic Oil Turmoil

    ZeroHedge - Jan 5th 2021 6:30am EST

    Andurand Hedge Fund Returns 154% In 2020 Amid Historic Oil Turmoil 2018 was a very bad year for one-time commodity trading wunderkind, Pierre Andurand, who back in April of 2018 bet oil could soon hit $100 a barrel (and even said $300 oil is “not impossible”), but watched as his billion Andurand Commodities Fund suffered […]

  • 2021: The Alternative View

    ZeroHedge - Jan 5th 2021 6:00am EST

    2021: The Alternative View Authored by Sven Henrich via NorthmanTrader.com, As promised some views and chart perspectives on the upcoming year of 2021. I’m titling this 2021: The Alternative View simply because Wall Street consensus is again entirely bullish for 2021 driven by the presumed view of a strong economic recovery to come along with continued aggressive central bank […]