News From ZeroHedge, Page 2639

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  • China’s Antitrust Crackdown On Tech’s Giants Leads To Massive Losses

    ZeroHedge - Dec 28th 2020 7:16pm EST

    China’s Antitrust Crackdown On Tech’s Giants Leads To Massive Losses China’s continued crusade against Jack Ma – which may or may not culminate with Beijing tearing apart his fintech giant, Ant Financial on anti-trust grounds – led to a second day of frenetic selling among China’s largest tech firms, driven by an investor panic Beijing’s […]

  • Anti-America, Anti-Trump, ‘Anti-Racist’: The 5 Most Politically-Biased Courses Of 2020

    ZeroHedge - Dec 28th 2020 7:00pm EST

    Anti-America, Anti-Trump, ‘Anti-Racist’: The 5 Most Politically-Biased Courses Of 2020 Authored by Benjamin Zeisloft via Campus Reform, Campus Reform reported on multiple courses in 2020 that pushed left-wing political bias. Here are the five most biased courses of 2020. 1. Vanderbilt University More than 800 Vanderbilt students were asked on a class assignment if the U.S. Constitution […]

  • BMW Will Produce An Additional 250,000 EVs Over Next 3 Years, CEO Says

    ZeroHedge - Dec 28th 2020 6:31pm EST

    BMW Will Produce An Additional 250,000 EVs Over Next 3 Years, CEO Says As if Tesla’s inclusion in to the S&P 500 and ARK Invest’s batshit insane impressive fund inflows over the last couple weeks haven’t been enough to make you consider a top in Tesla, the rest of the automotive world continues to close […]

  • The Banality Of Bill Barr

    ZeroHedge - Dec 28th 2020 5:31pm EST

    The Banality Of Bill Barr Authored by Thomas J. Farnan via The National Pulse In June, Attorney General Bill Barr sat for an interview in CNN’s Situation Room with Wolf Blitzer and predicted widespread fraud with mail in voting. He said: “People trying to change the rules to this, to this methodology – which, as […]

  • Israeli Man Dies After Receiving COVID Vaccine As 5K+ “Health Impact Events” Reported In US

    ZeroHedge - Dec 28th 2020 5:16pm EST

    Israeli Man Dies After Receiving COVID Vaccine As 5K+ “Health Impact Events” Reported In US Following a handful of reports, including one involving a priest from the Philadelphia area who volunteered as a trial participant, about patients who received a vaccine dying in the weeks following the second dose, one man in Israel has died […]

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

    ZeroHedge - Dec 28th 2020 4:46pm EST

    Are We Really Going To ‘Build Back Better’ After A “Dark Winter”? Authored by Jim Quinn via The Burning Platform blog, “It’s like in the great stories, Mr. Frodo. The ones that really mattered. Full of darkness and danger they were. And sometimes you didn’t want to know the end. Because how could the end be happy? […]

  • Only One Number Mattered To Global Markets In 2020

    ZeroHedge - Dec 28th 2020 4:16pm EST

    Only One Number Mattered To Global Markets In 2020 Authored by Robert Burgess, op-ed via BloombergQuint.com, When it came to financial markets in 2020, the most frequently asked question was why. Why, in the midst of a global pandemic that has killed some 1.7 million people worldwide and plunged the economy into the worst crisis since the […]

  • $600 Checks To Go Out By End Of Week: Treasury Department

    ZeroHedge - Dec 28th 2020 4:16pm EST

    $600 Checks To Go Out By End Of Week: Treasury Department Update (1615ET): According to the US Treasury Department, $600 COVID direct stimulus checks will begin to be delivered by the end of the week, after President Trump caved over the weekend and signed the $900 Billion pandemic relief package, according to NBC News. We’re […]

  • Ethereum Erupts, Oil & Gold Pump’n’Dump As Tech Jumps

    ZeroHedge - Dec 28th 2020 3:46pm EST

    Ethereum Erupts, Oil & Gold Pump’n’Dump As Tech Jumps $600 checks for all, vaccines for all, and stocks are hitting record highs as economic data collapses… Source: Bloomberg The message is – Biden’s here, all is well! (Oh, apart from the “dark winter” he keeps on warning about)… Crypto deserves the main headlines since Xmas […]

  • TSA Screens 1.28 Million Passengers At Airports On Sunday – Most Since March

    ZeroHedge - Dec 28th 2020 3:16pm EST

    TSA Screens 1.28 Million Passengers At Airports On Sunday – Most Since March The Transportation Security Administration (TSA) released new figures Monday that showed it screened 1.28 million passengers at airports across the country on Sunday, the highest amount of travelers in one given day since mid-March.  Even though Sunday’s passenger volume at airports was 50% lower […]

  • Doug Kass’ 15 Surprises For 2021

    ZeroHedge - Dec 28th 2020 2:47pm EST

    Doug Kass’ 15 Surprises For 2021 Authored by Doug Kass of Seabreeze Partners Management, This is my 19th year of compiling my Surprise List! In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected. 2021 could be a year in which the S&P […]

  • Spain Plans Registry For Those Who Refuse COVID Vaccine

    ZeroHedge - Dec 28th 2020 2:33pm EST

    Spain Plans Registry For Those Who Refuse COVID Vaccine As Europe begins vaccinating the first wave of high-priority patients, a “glitch” has already emerged: many health-care workers and others have refused to take the vaccine, as skepticism and suspicion remain elevated. A similar phenomenon has played out in the US, but to a less intense […]

  • Goldman Now Sees Q1 GDP Surging 5% Thanks To $900BN Covid Stimulus

    ZeroHedge - Dec 28th 2020 2:20pm EST

    Goldman Now Sees Q1 GDP Surging 5% Thanks To $900BN Covid Stimulus It was just one month ago when Wall Street’s best and brightest – which these days also means most clueless – personified in this case by JPMorgan’s chief economists, predicted that GDP in the first quarter of 2021 would contract by 1%, effectively […]

  • Could Nancy Pelosi Lose The Speakership To Kevin McCarthy?

    ZeroHedge - Dec 28th 2020 2:00pm EST

    Could Nancy Pelosi Lose The Speakership To Kevin McCarthy? Authored by Thomas Lifson via AmericanThinker.com, Is karma going to come calling for Nancy Pelosi and the Democrats? I know that it sounds crazy, yet another improbable scenario in a season when our hopes have been dashed repeatedly after hearing predictions that a stolen presidential election […]

  • Record Big 2Y Treasury Auction Tails, Met With Subpar Demand

    ZeroHedge - Dec 28th 2020 11:45am EST

    Record Big 2Y Treasury Auction Tails, Met With Subpar Demand It may be the last, holiday-shortened week of the year, but that doesn’t mean the US Treasury can take time off from shoving US debt down the throat of anyone who still believes that the US dollar will remain a reserve currency in the near […]

  • Georgia Makes Early Ballot Counting Mandatory In Jan. 5 Runoff

    ZeroHedge - Dec 28th 2020 11:25am EST

    Georgia Makes Early Ballot Counting Mandatory In Jan. 5 Runoff Authored by Charlotte Cuthbertson via The Epoch Times, The upcoming runoff elections in Georgia will operate in the same manner as the Nov. 3 election, except for one minor change, a spokesperson from the secretary of state’s office says. Counties are allowed to start tallying […]

  • UK’s Mutant COVID Strain Conquers Scandinavia As Doctors Warn Of “Grim Month Ahead”; Russia Extends UK Travel Ban: Live Updates

    ZeroHedge - Dec 28th 2020 11:05am EST

    UK’s Mutant COVID Strain Conquers Scandinavia As Doctors Warn Of “Grim Month Ahead”; Russia Extends UK Travel Ban: Live Updates Summary: Finland latest to confirm presence of UK mutant strain Erdogan says will receive COVID vaccine Thurs Russia extends UK travel halt Global cases top 80MM US cases decline as states see holiday-related reporting delays […]

  • Peter Schiff: A Lot Of Americans Think Like A 7-Year-Old

    ZeroHedge - Dec 28th 2020 10:45am EST

    Peter Schiff: A Lot Of Americans Think Like A 7-Year-Old Via SchiffGold.com, Peter Schiff shared his son’s Christmas list and drew a rather disconcerting conclusion – a lot of Americans think like a 7-year-old kid. “The problem is a lot of grown-up Americans still think like a 7-year-old. Except they don’t think Santa Clause lives […]

  • GreenPro Doubles Overnight After $100 Million Bitcoin Investment… But Here’s The Real News

    ZeroHedge - Dec 28th 2020 10:25am EST

    GreenPro Doubles Overnight After $100 Million Bitcoin Investment… But Here’s The Real News Just over a month ago, when we discussed the ongoing accumulation of bitcoin by (formerly) business-intelligence company, Microstrategy, whose CEO Michael Saylor has emerged as one of the most vocal supporters of the crypto space (and with good reason – MSTR stock […]

  • ‘Tis The Season For Bankruptcies, Store Closings, & Tent Cities…

    ZeroHedge - Dec 28th 2020 10:05am EST

    ‘Tis The Season For Bankruptcies, Store Closings, & Tent Cities… Authored by Michael Snyder via TheMostImportantNews.com, We need to make 2021 a year of hope, because right now there is more economic suffering in America than we have seen since the Great Depression of the 1930s.  More than 100,000 businesses have permanently closed down since […]

  • Altcoin Prices Surge As Bitcoin Stabilizes Around $27k

    ZeroHedge - Dec 28th 2020 9:45am EST

    Altcoin Prices Surge As Bitcoin Stabilizes Around $27k While bitcoin stole all the headlines over the holiday weekend, altcoins are starting to play catch up with Ethereum surging over 12% as bitcoin stabilizes… Source: Bloomberg Bitcoin has stabilized around $27,000 after futures opened and saw major short liquidations… Source: Bloomberg And Ethereum soared to $730… […]

  • Key Events This Holiday-Shortened, Quiet Week: Politics, PMIs, Claims

    ZeroHedge - Dec 28th 2020 9:16am EST

    Key Events This Holiday-Shortened, Quiet Week: Politics, PMIs, Claims The list of scheduled events in the final days of the year is relatively light, with just a few minor data releases and no Fedspeak scheduled. However, as Deutsche Bank notes, market participants will likely be focused on any incremental news from Washington, where in another […]

  • COVID’s Lesson: Some Animals Are More Equal Than Others

    ZeroHedge - Dec 28th 2020 9:00am EST

    COVID’s Lesson: Some Animals Are More Equal Than Others Authored by Art Carden via The American Institute for Economic Research, After they successfully take over Manor Farm, the animals in George Orwell’s Animal Farm spell out Seven Commandments of Animalism: Whatever goes upon two legs is an enemy. Whatever goes upon four legs, or has wings, is […]

  • “Picking Quarrels & Provoking Trouble” – China Slams Journalist With 4 Years In Jail Over COVID Reporting

    ZeroHedge - Dec 28th 2020 8:40am EST

    “Picking Quarrels & Provoking Trouble” – China Slams Journalist With 4 Years In Jail Over COVID Reporting At the beginning of the pandemic, the Communist Party filled the airwaves with positive headlines about how well it was mitigating the virus’ spread. The Chinese government also went on a censoring spree, removing online content posted by […]

  • Shades Of 1999 As “Market Mania” Returns In 2020

    ZeroHedge - Dec 28th 2020 8:20am EST

    Shades Of 1999 As “Market Mania” Returns In 2020 Authored by Lance Roberts via RealInvestmentAdvice.com, “Maybe this time is different. Those words, supposedly the most dangerous to utter in the investing realm, came to mind amid the frenzied pops in the highly anticipated initial public offerings recently.” That quote was from Randall Forsyth discussing why the […]