News From ZeroHedge, Page 2634

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  • Are We Really Going To ‘Build Back Better’ After A “Dark Winter”? Part 3

    ZeroHedge - Dec 30th 2020 4:20pm EST

    Are We Really Going To ‘Build Back Better’ After A “Dark Winter”? Part 3 Authored by Jim Quinn via The Burning Platform blog, In Part 1 of this article I laid out the case the “dark winter” narrative and how an experimental vaccine marketed like a tech product by Big Pharma and their cronies are part of […]

  • Dollar Dumps, Bitcoin Jumps, & Stock Short-Interest Slumps

    ZeroHedge - Dec 30th 2020 4:00pm EST

    Dollar Dumps, Bitcoin Jumps, & Stock Short-Interest Slumps The dollar continued its race to the bottom today after a brief pop on Monday… Source: Bloomberg Pushing the world’s reserve currency to the brink of critical support against its fiat peers… Source: Bloomberg And Bitcoin and Gold already know it… Source: Bloomberg As does speculative positioning… […]

  • McConnell Dooms $2,000 Stimulus Check After Refusing To Split Trump’s Three Demands

    ZeroHedge - Dec 30th 2020 3:46pm EST

    McConnell Dooms $2,000 Stimulus Check After Refusing To Split Trump’s Three Demands In a move that all but doomed Congressional approval for $2,000 stimulus checks (up from $600), top Senate republican Mitch McConnell said he would not separate the plan for $2K checks, from President Donald Trump’s other demands: section 230 repeal and an election […]

  • The World Is Awash In Negative-Yielding Debt

    ZeroHedge - Dec 30th 2020 3:40pm EST

    The World Is Awash In Negative-Yielding Debt Authored by Michael Maharrey via SchiffGold.com, So far, the US has escaped negative interest rates as a matter of central bank policy. Back in May, many thought a Fed move to negative rates was a real possibility. Of course, much of the world has operated under negative rates as […]

  • 2020 In 12 Stunning Charts

    ZeroHedge - Dec 30th 2020 3:22pm EST

    2020 In 12 Stunning Charts With just one day left in what has been a dismal year, we decided to look back at the past 12 months and summarize the most notable market events and developments in 12 charts. So without further ado, and courtesy of BoA’s Michael Hartnett, here is… 2020 in 12 charts. […]

  • “A Fantastically Unusual Thing Happened”: For The First Time Ever, IB Clients Are Net Short The Market

    ZeroHedge - Dec 30th 2020 3:00pm EST

    “A Fantastically Unusual Thing Happened”: For The First Time Ever, IB Clients Are Net Short The Market Yesterday morning, SocGen’s Albert Edwards asked when referring to a recent MarketWatch article, if he was “the last bear left in the markets” adding that “surely I am not now all alone, howling to myself on the icy […]

  • Nashville Bomber’s Girlfriend Warned Cops In 2019 He Was ‘Building Bombs In RV’

    ZeroHedge - Dec 30th 2020 2:40pm EST

    Nashville Bomber’s Girlfriend Warned Cops In 2019 He Was ‘Building Bombs In RV’ More than a year before Nashville bomber Anthony Warner killed himself in a massive Christmas morning explosion, police visited his house after his girlfriend warned them that he was building bombs in his RV, according to the Wall Street Journal. The home […]

  • Bitcoin Surges To New Record High Near $29k Amid “Liquidity Crisis”

    ZeroHedge - Dec 30th 2020 2:20pm EST

    Bitcoin Surges To New Record High Near $29k Amid “Liquidity Crisis” Cryptos rallied overnight, faded modestly, and are now pushing higher once again with Bitcoin surging to new record highs near $29,000… Source: Bloomberg And Ethereum topped $750… Source: Bloomberg While catalysts are manifold and much-discussed, CoinTelegraph’s Joseph Young notes that Bitcoin liquidity is declining, […]

  • Homeless Antifa Group Occupies Tacoma Motel

    ZeroHedge - Dec 30th 2020 2:08pm EST

    Homeless Antifa Group Occupies Tacoma Motel Authored by Annaliese Levy via SaraACarter.com, Homeless Antifa activists booked 16 hotel rooms at a Travelodge in Tacoma, Washington on Christmas Eve and are refusing to pay, demanding the local government pay for their accommodations and turn the motel into a shelter. Autonomous zone: A far-left group booked 16 rooms for […]

  • Fox News Was ‘Most Watched’ Cable News Network For Fifth Consecutive Year

    ZeroHedge - Dec 30th 2020 2:01pm EST

    Fox News Was ‘Most Watched’ Cable News Network For Fifth Consecutive Year It comes as no surprise, the virus pandemic, lockdowns, recession, riots, and the presidential election gave Americans plenty of reason to tune into cable news networks for the latest developments.  On Tuesday, Nielsen published rating data that showed Rupert Murdoch’s Fox News Channel […]

  • Crypto’s Reverse-Minsky Moment

    ZeroHedge - Dec 30th 2020 1:35pm EST

    Crypto’s Reverse-Minsky Moment Authored by Omid Malekan via Medium.com, A friend who is a savvy investor emailed recently to say that he thinks Bitcoin will be the best performing asset of 2021. He then clarified that this was only for a trade, and compared its fundamental value to “voting on the Voice.” Someone else emailed […]

  • Cost Of Doing Business: Big Banks Have Paid $195 Billion In Fines Since 2000

    ZeroHedge - Dec 30th 2020 1:15pm EST

    Cost Of Doing Business: Big Banks Have Paid $195 Billion In Fines Since 2000 Often times when the “too big to fail” banks are caught with their hands in the cookie jar (or placing the entire global economy on the precipice of collapse, as was the case in 2008), nobody goes to jail and the […]

  • The Top-10%’s Bubble Is About To Burst

    ZeroHedge - Dec 30th 2020 12:54pm EST

    The Top-10%’s Bubble Is About To Burst Authored by Charles Hugh Smith via OfTwoMinds blog, When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great many people are living in bubbles that are […]

  • At Least 3 Shipments Of COVID Vaccine Have Spoiled On Their Way To Texas

    ZeroHedge - Dec 30th 2020 12:34pm EST

    At Least 3 Shipments Of COVID Vaccine Have Spoiled On Their Way To Texas Despite all the talk about Moderna’s COVID-19 vaccine being more accessible than the Pfizer-BioNTech iteration due to the less-stringent temperature requirements, it appears that several batches of the vaccine shipped out to Texas last week have effectively spoiled due to “straying […]

  • Hawley Becomes First Senator Committed To Challenging Electoral College Results

    ZeroHedge - Dec 30th 2020 12:15pm EST

    Hawley Becomes First Senator Committed To Challenging Electoral College Results Authored by Jack Phillips via The Epoch Times, Sen. Josh Hawley (R-Mo.) said he will object during the counting of the Electoral College vote process on Jan. 6, becoming the first senator to confirm they are joining an effort launched by more than a dozen […]

  • Tesla Model S Starts “Shooting Flames” After Driver Hears Mysterious “Loud Bang” While Driving

    ZeroHedge - Dec 30th 2020 12:05pm EST

    Tesla Model S Starts “Shooting Flames” After Driver Hears Mysterious “Loud Bang” While Driving While Tesla is now facing scrutiny from both the U.S. and China over Model S suspension problems and the Model Y has been panned by Consumer Reports, the legacy issues with many Teslas – you know, either driving themselves into inanimate objects or […]

  • This Fed Policy Is “Scandalous”

    ZeroHedge - Dec 30th 2020 11:45am EST

    This Fed Policy Is “Scandalous” Via SchiffGold.com, Peter Schiff has been saying that all of the “help” the US government and the Federal Reserve have offered up during the coronavirus pandemic isn’t helping. In fact, it’s made the situation worse. In a podcast last month, Peter said that all of the money printing and stimulus allowed […]

  • Tokyo Health-Care System Risks COVID-Induced Collapse; Germany Sees Record Deaths: Live Updates

    ZeroHedge - Dec 30th 2020 11:25am EST

    Tokyo Health-Care System Risks COVID-Induced Collapse; Germany Sees Record Deaths: Live Updates Summary: COVID data delays still plaguing some US states Texas reports new daily record cases Hospitalizations still at record highs 20+ cases of UK COVID mutant discovered in India Tokyo Gov warns about possible health-care system collapse Germany reports record daily deaths China […]

  • We Sold Our Souls To The “Science”

    ZeroHedge - Dec 30th 2020 11:05am EST

    We Sold Our Souls To The “Science” Authored by Raul Ilargi Meijer via The Automatic Earth blog, …the big problem in my view that we face these days is that our media have become one-dimensional, the exact opposite of what they should be. This became clear through the Trump era, and the incessant hammering of […]

  • Georgia Runoff Will Likely See Delayed Results, Litigation, And Other Drama

    ZeroHedge - Dec 30th 2020 10:45am EST

    Georgia Runoff Will Likely See Delayed Results, Litigation, And Other Drama Georgia’s January 5th runoff for two US Senate Seats will decide whether Republicans keep the chamber, or cede power to Congressional Democrats – allowing the incoming Biden administration to swiftly execute their agenda. Democrats Jon Ossoff (right) and Raphael Warnock And thanks to a […]

  • Chaotic Crude Holds Gains After Mixed Inventory Data

    ZeroHedge - Dec 30th 2020 10:36am EST

    Chaotic Crude Holds Gains After Mixed Inventory Data Oil prices have rollercoastered in the last 12 hours or so with a surprisingly large crude draw reported by API sparking a bid for WTI overnight which was then monkeyhammered at around 8amET for no good reason, tumbling back below $48 before dip-buyers panic-bought it back up. […]

  • All Major Western Media Outlets Take “Private Dinners”, “Sponsored Trips” From Chinese Communist Propaganda Front

    ZeroHedge - Dec 30th 2020 10:15am EST

    All Major Western Media Outlets Take “Private Dinners”, “Sponsored Trips” From Chinese Communist Propaganda Front By Natalie Winters of The National Pulse A host of corporate media outlets including CNN, The New York Times, The Washington Post, and MSNBC have participated in private dinners and sponsored trips with the China-United States Exchange Foundation, a Chinese […]

  • Pending Home Sales Tumble For 3rd Month In A Row As Affordability Plummets

    ZeroHedge - Dec 30th 2020 10:04am EST

    Pending Home Sales Tumble For 3rd Month In A Row As Affordability Plummets While new- and existing-home sales fell in November, analysts expected pending-home-sales to stabilize unchanged (after falling 1.1% in October) but instead it tumbled 2.6% MoM – its third monthly decline in a row. This is also the worst MoM drop since April […]

  • Brexit Trade Deal Easily Passes House Of Commons

    ZeroHedge - Dec 30th 2020 9:58am EST

    Brexit Trade Deal Easily Passes House Of Commons The trade agreement negotiated between the UK and EU has, as expected, passed the House of Commons in a vote of 521 to 73, with a few members from a range of parties rejecting the deal for various reasons, even as the Labour leadership backed it. The […]

  • Plus Ça Change: A French Lesson In Monetary Debauchery

    ZeroHedge - Dec 30th 2020 9:50am EST

    Plus Ça Change: A French Lesson In Monetary Debauchery Authored by Michael Lebowitz via RealInvestmentAdvice.com, Fiscal policy shifted into turbo-charged, warp speed, overdrive early into the COVID related recession. To facilitate the borrowing binge, the Federal Reserve took unprecedented monetary actions. In 2020, the fiscal deficit (November 2019- October 2020) rose $3.1 trillion and was […]