News From ZeroHedge, Page 2640
‘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 ESTAltcoin 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 ESTKey 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 ESTCOVID’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 ESTShades 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 […]
Futures, Global Stocks Jump After Trump Signs Coronavirus Stimulus Package
ZeroHedge - Dec 28th 2020 7:53am ESTFutures, Global Stocks Jump After Trump Signs Coronavirus Stimulus Package Global stocks jumped and US equity futures spiked in light overnight trading, after President Trump unexpectedly signed the $2.3 trillion spending package on Sunday evening and as investors continued to celebrate a last-minute trade deal clinched between Britain and the European Union. By backing down […]
EU Nations Unanimously Approve Brexit Deal As UK Warns Businesses To “Prepare For A Bumpy Ride”
ZeroHedge - Dec 28th 2020 6:43am ESTEU Nations Unanimously Approve Brexit Deal As UK Warns Businesses To “Prepare For A Bumpy Ride” It has been two days since Brussels and London finally released the text of the draft trade deal struck between UK and the EU negotiators last week, and on Monday morning, EU leaders officially signed off on the deal, […]
It’s Long Past Time For CDC To Clean-Up The COVID-19 Death Counts
ZeroHedge - Dec 28th 2020 5:00am ESTIt’s Long Past Time For CDC To Clean-Up The COVID-19 Death Counts Authored by Stacey Lennox via PJMedia.com, Some of us have been questioning the COVID-19 death counts reported by the CDC through the National Center for Health Statistics (NCHS) for some time. Of course, CNN and the corporate media love the likely elevated counts […]
World’s First COVID ‘Human Challenge’ Begins As UK Prepares To Infect 2,500 Volunteers
ZeroHedge - Dec 28th 2020 4:15am ESTWorld’s First COVID ‘Human Challenge’ Begins As UK Prepares To Infect 2,500 Volunteers 2,500 healthy Britons are about to participate in the world’s first COVID-19 ‘human challenge’ – letting the government infect them with SARS-CoV-2 in order to see how the virus reacts to an experimental vaccine, according to The Times. The fist stage of […]
Kazakhstan Bodybuilder’s Sex-Doll Wife Is “Broken” Right Before Christmas
ZeroHedge - Dec 28th 2020 3:30am ESTKazakhstan Bodybuilder’s Sex-Doll Wife Is “Broken” Right Before Christmas Authored by Elias Marat via TheMindUnleashed.com, Mere weeks after bodybuilder Yuri Tolochko was wedded in unholy matrimony with his beloved sex doll Margo back in November, the odd couple’s relationship is already breaking down – quite literally – as yuletide festivities begin. The eccentric musclehead from […]
Santa The Super-Spreader, Kills 18 In Belgian Nursing Home
ZeroHedge - Dec 28th 2020 2:45am ESTSanta The Super-Spreader, Kills 18 In Belgian Nursing Home A man dressed as St. Nicolas in early December visited a nursing home in Belgium to spread holiday cheer to lonely, isolated seniors, but according to authorities, that wasn’t the only thing he was spreading. A tragedy is unfolding at the Hemelrijck nursing home in Mol, […]
Twelve Times The ‘Lockdowners’ Were Wrong
ZeroHedge - Dec 27th 2020 11:35pm ESTTwelve Times The ‘Lockdowners’ Were Wrong Authored by Phillip Magness via The American Institute for Economic Research, This has been a year of astonishing policy failure. We are surrounded by devastation conceived and cheered by intellectuals and their political handmaidens… The errors number in the thousands, so please consider the following little more than a […]
High Wage Vs. Low Wage: Visualizing America’s K-Shaped Economic ‘Recovery’
ZeroHedge - Dec 27th 2020 11:00pm ESTHigh Wage Vs. Low Wage: Visualizing America’s K-Shaped Economic ‘Recovery’ While it’s not uncommon for low wage workers to bear the brunt of an economic recession, this year’s economic collapse has been exceptionally brutal for America’s lower income employees. Employment rates for high wage workers have bounced back from their spring slump, but, as Visual Capitalist’s […]
Can The US Reduce Its Dependency On Chinese Rare Earths?
ZeroHedge - Dec 27th 2020 10:25pm ESTCan The US Reduce Its Dependency On Chinese Rare Earths? Authored by Alex Kimani via OilPrice.com, Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. But persistent oil crises, severe oil price shocks, and the global shift to clean energy have […]
Major Covid Vaccine Glitch Emerges: Most Europeans, Including Hospital Staff, Refuse To Take It
ZeroHedge - Dec 27th 2020 9:50pm ESTMajor Covid Vaccine Glitch Emerges: Most Europeans, Including Hospital Staff, Refuse To Take It All is not going according to plan in the biggest global rollout of what is arguably the most important vaccine in a century, and it is not just growing US mistrust in the covid injection effort that was rolled out in […]
On Riding Freight Trains…
ZeroHedge - Dec 27th 2020 9:15pm ESTOn Riding Freight Trains… Via AdventuresInCapitalism.com, I have a friend who’s a reasonably competent trader. He’s the type that draws his voodoo lines everywhere on the charts. He caught the same trendline break on Bitcoin that I did around $9,200. He expected some resistance around $10,000 and sold out for a quick score just below the […]
Trump Signs COVID-19 Relief Bill With $600 Checks, Asks Congress To Approve Increase Later
ZeroHedge - Dec 27th 2020 8:48pm ESTTrump Signs COVID-19 Relief Bill With $600 Checks, Asks Congress To Approve Increase Later President Trump on Sunday signed a $900 billion pandemic relief package which will include $600 direct checks checks, abandoning his immediate demand that Congress go back to the drawing board and provide $2,000 checks, and instead encouraged them to vote on […]
Which States Saw The Biggest Population Inflows And Outflows In 2020
ZeroHedge - Dec 27th 2020 8:40pm ESTWhich States Saw The Biggest Population Inflows And Outflows In 2020 When it comes to migratory patterns among US states and cities, there were some notable winners and losers in 2020. Among the former, Indiana gained nearly 24,000 new residents during 2020, a slight increase that continued the state’s ongoing trend of slow population growth, […]
China Will Be The First Country To Launch A Digital Currency: What Happens Then
ZeroHedge - Dec 27th 2020 8:05pm ESTChina Will Be The First Country To Launch A Digital Currency: What Happens Then By Wim Boonstra of Rabobank Summary China may be the first major country to launch a central bank digital currency or CBDC The Chinese CBDC, named DCEP, will strengthen the position of the central bank and help to further modernize the […]
New Year’s Week Storm Could Cause Havoc Across US
ZeroHedge - Dec 27th 2020 7:30pm ESTNew Year’s Week Storm Could Cause Havoc Across US A new storm will sweep across the country next week, just like the last one, from Southwest to the Plains to Midwest to East, spreading rain and snow along the way. As 2020 concludes and 2021 is just days away, it appears more wicked weather is […]
“Their Careers Are Over”: Cornell Student Reps Targeted For Opposing Efforts To Defund/Disarm Campus Cops
ZeroHedge - Dec 27th 2020 6:55pm EST“Their Careers Are Over”: Cornell Student Reps Targeted For Opposing Efforts To Defund/Disarm Campus Cops Authored by Jonathan Turley, We have been discussing student editors and student government leaders using their positions to retaliate against the exercise of free speech by other students with the support of faculty. This trend is hardly surprising as journalism deans call for censorship and journalism professors […]
Equity Futures Surge Off Weak Open After Trump Tweet
ZeroHedge - Dec 27th 2020 6:44pm ESTEquity Futures Surge Off Weak Open After Trump Tweet After opening down around 150 points, Dow futures went panic-bid after President Trump tweeted “Good news on Covid Relief Bill. Information to follow! ” Good news on Covid Relief Bill. Information to follow! — Donald J. Trump (@realDonaldTrump) December 27, 2020 And that lifted futures 250 […]
Illegal Street Vendors “Overtaking” NYC And The Entire City is Blaming Bill De Blasio
ZeroHedge - Dec 27th 2020 6:20pm ESTIllegal Street Vendors “Overtaking” NYC And The Entire City is Blaming Bill De Blasio Another day, yet another way in which Comrade De Blasio is turning New York City into a third world country. In addition to murders rising, restaurants closing, shops being boarded up and a litany of taxation and “redistribution of wealth” tactics […]
“Immediate Gratification”-Bias Is Real!
ZeroHedge - Dec 27th 2020 5:45pm EST“Immediate Gratification”-Bias Is Real! Authored by Richard Rosso via RealInvestmentAdvice.com, January is the time to make your fiscal fitness resolutions for 2021. Most promises we make to ourselves will be a memory by February. Want a fiscal fitness head start and get 2021 going STRONG on the right foot? Here are 9-steps: #1: A thorough […]