News From ZeroHedge, Page 2663

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  • Payrolls Revisions Wipe Out As Much As 520,000 Job Gains Under Trump

    ZeroHedge - Feb 7th 2020 10:15am EST

    Payrolls Revisions Wipe Out As Much As 520,000 Job Gains Under Trump As we pointed out overnight, the big story in today’s jobs report would not be the January payrolls increase, which as we observed earlier was impressive, surging by 225K, well above the 165K consensus forecast, but the historical revisions to Payrolls data, which […]

  • It’s Getting Very Narrow Up Here…

    ZeroHedge - Feb 7th 2020 9:52am EST

    It’s Getting Very Narrow Up Here… Authored by Sven Henrich via NorthmanTrader.com, New highs again for tech as $NDX keeps relentlessly crawling higher, now 16.2% extended above its 200MA. As outlined yesterday’s it’s a key warning signal. This latest rally has produced another warning signal and that is the leadership in $NDX is narrowing dramatically. Narrowing leadership […]

  • Trump Was “Apoplectic With Rage” During Call With Boris Johnson Over Huawei Decision

    ZeroHedge - Feb 7th 2020 9:30am EST

    Trump Was “Apoplectic With Rage” During Call With Boris Johnson Over Huawei Decision When Prime Minister Boris Johnson decided to defy the Pentagon’s warnings and approve Huawei’s bid to build “non-core” components of the UK’s 5G network, the White House quickly made its dissatisfaction known, as we reported at the time. Johnson was walking a […]

  • Rabobank: The Dilemma Facing China Is Truly Awful

    ZeroHedge - Feb 7th 2020 9:10am EST

    Rabobank: The Dilemma Facing China Is Truly Awful Submitted by Michael Every of Rabobank As has been the case since Monday’s sell-off, there is an attempt to try to look on the bright side of the virus headlines. Chinese officials are spreading the word globally that things are under control and that other countries should […]

  • Ford President Quits After Reporting Embarrassing $1.7 Billion Loss 

    ZeroHedge - Feb 7th 2020 8:55am EST

    Ford President Quits After Reporting Embarrassing $1.7 Billion Loss  Just days after Ford reported a $1.7 billion operating loss during the fourth quarter, released 2020 guidance that failed to impress, and prompted a nearly double-digit drop in its shares in after-hours trade, the Detroit carmaker has announced a major executive shakeup on Friday. WSJ reports […]

  • January Payrolls Smash Expectations, Hourly Earnings Soar

    ZeroHedge - Feb 7th 2020 8:42am EST

    January Payrolls Soar By 225K, Smashing Expectations As Hourly Earnings Coming In Hot For once the ADP private payrolls report was not that far off. With Wall Street expecting a 165K print in this morning payrolls report, and with ADP coming in at almost 300K, the whisper number was obviously well above the official consensus, […]

  • Royal Caribbean Ship With 12 Quarantined Passengers Docks In NJ; Ambulances, CDC On Scene

    ZeroHedge - Feb 7th 2020 8:37am EST

    Royal Caribbean Ship With 12 Quarantined Passengers Docks In NJ; Ambulances, CDC On Scene A Royal Caribbean cruise ship that has 12 passengers quarantined over fears of coronavirus has docked in Bayonne, New Jersey, this morning with ambulances on the scene. The “Anthem of the Seas” arrived in New Jersey just hours ago, at about […]

  • Traders Are Calling Central Bankers’ Bluffs… Again

    ZeroHedge - Feb 7th 2020 8:16am EST

    Traders Are Calling Central Bankers’ Bluffs… Again Authored by Richard Breslow via Bloomberg, The S&P 500 has, so far at least, been up every day this week. And achieved a new all-time high. The Shanghai Composite, after Monday’s plunge, rose each day to finish out the week at levels seen only as far back as […]

  • Futures Slide On Fresh Virus Fears Ahead Of Payrolls As German Industrial Production Craters

    ZeroHedge - Feb 7th 2020 7:58am EST

    Futures Slide On Fresh Virus Fears Ahead Of Payrolls As German Industrial Production Craters Following a torrid 3% rally on “hopes” that the coronavirus epidemic is contained after last Friday’s plunge, coupled with even more “hopes” that trade relations with China are on the mend after Beijing slashed its duties on some US goods by […]

  • More Than 400 Million People On Lockdown As Guangzhou Joins Quarantine

    ZeroHedge - Feb 7th 2020 7:53am EST

    More Than 400 Million People On Lockdown As Guangzhou Joins Quarantine Guangzhou, the capital of China’s southwestern Guangdong Province and the country’s fifth largest city with nearly 15 million residents, has just joined the ranks of cities imposing a mandatory lockdown on all citizens, effectively trapping residents inside their homes, with only limited permission to […]

  • Citizen Journalists Who Exposed Beijing’s Lies In Wuhan Have Suddenly Vanished

    ZeroHedge - Feb 7th 2020 7:24am EST

    Citizen Journalists Who Exposed Beijing’s Lies In Wuhan Have Suddenly Vanished As we reported late Thursday evening, the death toll from the viral outbreak on mainland China has surpassed 600. With global markets once again in the red, Bloomberg reports that Beijing has silenced two of the citizen journalists responsible for much of the horrifying […]

  • “He’s Strong, Sharp & Powerfully Focused”: Trump Praises President Xi, Claims China’s Virus “Counterattack” Is Going “Very Well”

    ZeroHedge - Feb 7th 2020 6:24am EST

    “He’s Strong, Sharp & Powerfully Focused”: Trump Praises President Xi, Claims China’s Virus “Counterattack” Is Going “Very Well” US stock futures are back in the red as the number of confirmed deaths in China surpassed 600 while the death of a doctor who was punished by the police for first reporting the virus back in […]

  • Scandal-Scarred Tidjane Thiam Ousted As Credit Suisse CEO

    ZeroHedge - Feb 7th 2020 6:00am EST

    Scandal-Scarred Tidjane Thiam Ousted As Credit Suisse CEO After the very public scapegoating of former Credit Suisse COO Pierre-Olivier Bouee, most observers probably believed the Credit Suisse spying scandal was over, and that CEO Tidjane Thiam would survive to lead the Swiss megabank through hopefully happier times. But last month, we reported that Bouee had […]

  • Brexit: Why The Threat Of High Tariffs Wasn’t Enough To Stop It

    ZeroHedge - Feb 7th 2020 5:00am EST

    Brexit: Why The Threat Of High Tariffs Wasn’t Enough To Stop It Authored by Ryan McMaken via The Mises Institute, Chris Johns at the Irish Times is dismayed by all the support he sees for Brexit. He’s vexed by the fact so many of Brexit’s boosters are – in Johns’ eyes – going against their own economic interests. […]

  • Truckloads Of Tropical Fruit Are Rotting At China’s Border As Outbreak Hammers Farmers

    ZeroHedge - Feb 7th 2020 4:15am EST

    Truckloads Of Tropical Fruit Are Rotting At China’s Border As Outbreak Hammers Farmers Secretary of Agriculture Sonny Perdue said Thursday that China might need more time to fulfill its commitment to buy tens of billions of dollars in American farm products. But while President Trump has already promised more money will flow to beleaguered farmers […]

  • Thuringia – Patient Zero For Germany’s Revolution?

    ZeroHedge - Feb 7th 2020 3:30am EST

    Thuringia – Patient Zero For Germany’s Revolution? Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, German politics is in turmoil. State elections last fall left Chancellor Angela Merkel weakened, forcing her Christian Democratic Union (CDU) to make an unwanted coalition in Brandenburg with the Social Democrats (SPD) and the Greens. The surge in […]

  • Turkey Is Telling Syrian Mercenaries They Will Fight Russians In Libya

    ZeroHedge - Feb 7th 2020 2:45am EST

    Turkey Is Telling Syrian Mercenaries They Will Fight Russians In Libya The independent Turkish news source Ahval along investigative journalists on the ground in Syria and Libya have picked up on a disturbing trend: many among the reported thousands of Syrian ‘rebel’ mercenaries being transferred to Tripoli to fight on behalf of the UN-backed government there […]

  • UK: Why Are Dangerous Jihadists Being Released Early From Prison?

    ZeroHedge - Feb 7th 2020 2:00am EST

    UK: Why Are Dangerous Jihadists Being Released Early From Prison? Authored by Soeren Kern via The Gatestone Institute, British Prime Minister Boris Johnson has vowed to toughen sentencing guidelines for convicted terrorists after a newly-released prisoner carried out a jihadist attack in London. On February 2, Sudesh Amman, a 20-year-old jihadist from Harrow in north-west […]

  • Blacklist Valley: How Big Tech Reshapes Politics By Censoring Conservative Ideas

    ZeroHedge - Feb 6th 2020 11:55pm EST

    Blacklist Valley: How Big Tech Reshapes Politics By Censoring Conservative Ideas Authored by Peter Hasson, op-ed via WashingtonExaminer.com, For better or worse, social media is the new public square. Of adults, 68% use Facebook, 73% use YouTube, and a quarter use Twitter. The numbers are much higher for adults under 50. Two-thirds of adults and […]

  • NYT: ‘Iran-Backed Militia’ Attack That Provoked Soleimani Killing Was Possible ISIS False Flag

    ZeroHedge - Feb 6th 2020 11:35pm EST

    NYT: ‘Iran-Backed Militia’ Attack That Provoked Soleimani Killing Was Possible ISIS False Flag The initial major rationale and justification the US administration offered for the drone assassination of IRGC Gen. Qassem Soleimani and commander of Iraq’s Popular Mobilization Forces Abu Mahdi al-Muhandis was the Dec.27 rocket attack on K1 camp in Kirkuk, which houses coalition forces.  That […]

  • How Washington “Liberates” Free Countries

    ZeroHedge - Feb 6th 2020 11:15pm EST

    How Washington “Liberates” Free Countries Authored by Andre Vltcheck via Off-Guardian.org, There are obviously some serious linguistic issues and disagreements between the West and the rest of the world. Essential terms like “freedom”, “democracy”, “liberation”, even “terrorism”, are all mixed up and confused; they mean something absolutely different in New York, London, Berlin, and in […]

  • Supply Chain Shock – Here’s The Most Exposed S&P500 Industries To China

    ZeroHedge - Feb 6th 2020 10:55pm EST

    Supply Chain Shock – Here’s The Most Exposed S&P500 Industries To China We noted on Wednesday night, two-thirds of the Chinese economy has effectively shut down much of its production capacity, crippling supply chains critical to keep not only the second-largest economy in the world humming, but the entire world.  Former Morgan Stanley Asia chairman […]

  • Iraq Is On The Brink Of An Energy Crisis

    ZeroHedge - Feb 6th 2020 10:35pm EST

    Iraq Is On The Brink Of An Energy Crisis Authored by Simon Watkins via OilPrice.com, As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical saga have been preparing for all possible outcomes. As always […]

  • January Payrolls Preview: Mind The Half A Million Downward Revision

    ZeroHedge - Feb 6th 2020 10:31pm EST

    January Payrolls Preview: Mind The Half A Million Downward Revision Following a blockbuster ADP private payrolls print of 291K, the highest in nearly 5 years, analysts expect the pace of official, BLS payroll growth to pick up (160k expected, up from 145K in January), though remain beneath recent trend rates; yet despite the ADP strength, […]

  • The Height Of Idiocy

    ZeroHedge - Feb 6th 2020 9:55pm EST

    The Height Of Idiocy Authored by Doug Casey via InternationalMan.com, “The only element in the universe more common than hydrogen is stupidity.” – Einstein I’m not a fortune teller. In fact, the only things anybody knows about predicting – even if you gussy the concept up by calling it “forecasting” – are 1.) Predict often […]