• What Rebound? Hedge Funds Have Been Selling For 8 Of Past 9 Days As “Global HF Heavyweights Remain Bearish”

    ZeroHedge - Apr 22nd 2020 8:25pm EDT

    What Rebound? Hedge Funds Have Been Selling For 8 Of Past 9 Days As “Global HF Heavyweights Remain Bearish” Today’s market rebound was impressive, but after the first major sell-off in some time on Monday and Tuesday, it was not impressive enough for Nomura’s quant Masanari Takada who writes that what is going on in […]

  • COVID-19 & Oil Below Zero: Is There A Way Forward?

    ZeroHedge - Apr 22nd 2020 8:00pm EDT

    COVID-19 & Oil Below Zero: Is There A Way Forward? Authored by Gail Tverberg via Our Finite World blog, Many people are concerned today with the low price of oil. Others are concerned about slowing or stopping COVID-19. Is there any way forward? I gave a few hints regarding what is ahead in my last […]

  • US Blasts “Bullying Behavior” As China Rattles Sabre In South China Sea 

    ZeroHedge - Apr 22nd 2020 7:40pm EDT

    US Blasts “Bullying Behavior” As China Rattles Sabre In South China Sea  China is making big geopolitical moves at the moment, and it has used the cover of the pandemic to assert itself as a significant power player in the Pacific and challenge the existing world order and the US.  The existing world order, controlled […]

  • Daily Briefing – April 22, 2020

    ZeroHedge - Apr 22nd 2020 7:37pm EDT

    Daily Briefing – April 22, 2020 Tyler Durden Wed, 04/22/2020 – 19:37

  • Skynet Is Near – Google Scientists Create Artificial Intelligence That Evolves On Its Own

    ZeroHedge - Apr 22nd 2020 7:20pm EDT

    Skynet Is Near – Google Scientists Create Artificial Intelligence That Evolves On Its Own Authored by Jake Anderson via TheMindUnleashed.com, One of the biggest global players in artificial intelligence (AI) is Google and their high-tech Brain division has been pushing the envelope for years. Now scientists working for their AutoML project have a new paper in which […]

  • “There’s No Liquidity” – Mortgage Lenders Abandon “No Brainer” Best Credit Risk Borrowers

    ZeroHedge - Apr 22nd 2020 7:00pm EDT

    “There’s No Liquidity” – Mortgage Lenders Abandon “No Brainer” Best Credit Risk Borrowers The jumbo loan market is facing a classic liquidity crunch. A perfect storm is brewing as millions of homeowners are seeking forbearances as the economy crashes into depression from coronavirus lockdowns, and firms who usually bundle up jumbo loans have immediately exited […]

  • Expert Warns US Is On The Brink Of “Mass Civil Unrest”

    ZeroHedge - Apr 22nd 2020 6:40pm EDT

    Expert Warns US Is On The Brink Of “Mass Civil Unrest” Authored by Paul Joseph Watson via Summit News, An expert with the United States Studies Centre says that America is on the brink of “mass civil unrest” that threatens to emerge out of anti-lockdown protests now taking place nationwide. Demonstrations against coronavirus stay-at-home measures […]

  • Caves, Cars, & Clogged Pipelines – Oil Traders Turn To “Oddball Storage Locations” As Demand Hits 30-Year Lows

    ZeroHedge - Apr 22nd 2020 6:20pm EDT

    Caves, Cars, & Clogged Pipelines – Oil Traders Turn To “Oddball Storage Locations” As Demand Hits 30-Year Lows As we detailed earlier, global floating storage is now accelerating at an “unprecedented pace” currently amounting to almost 250 million barrels, up from common estimates of 160 million bbl only last week, with at least one in 10 supertankers around […]

  • “Mr.President, Open The Economy Now” – Martin Armstrong Warns “There’s Another Agenda Going On”

    ZeroHedge - Apr 22nd 2020 6:00pm EDT

    “Mr.President, Open The Economy Now” – Martin Armstrong Warns “There’s Another Agenda Going On” Via Greg Hunter’s USAWatchdog.com, Legendary financial and geopolitical cycle analyst Martin Armstrong says shutting down the economy is far worse that the effects of the Wuhan China virus. Armstrong says, “This is just scare mongering, and there is another agenda going on…” […]

  • New York Released – Then Retracted – A New Policy Asking Paramedics To Just Let Patients Without A Pulse Die

    ZeroHedge - Apr 22nd 2020 5:40pm EDT

    New York Released – Then Retracted – A New Policy Asking Paramedics To Just Let Patients Without A Pulse Die Imagine a scenario where, for whatever reason, your pulse stopped  – say because of a sudden cardiac incident or another of the myriad medical maladies that can arise without warning – anywhere in NYC. Then, […]

  • Watch Live: White House Task Force Delivers Wednesday Briefing

    ZeroHedge - Apr 22nd 2020 5:40pm EDT

    Watch Live: White House Task Force Delivers Wednesday Briefing Wednesday’s briefing was delayed until 5:45pmET, perhaps due to last-minute talks about the federal government’s latest relief bill, which is meant to replenish the small-business lending program that has largely shafted small businesses in favor of public companies, who are effectively being given the green light […]

  • Six Feet Apart In The Sunshine

    ZeroHedge - Apr 22nd 2020 5:20pm EDT

    Six Feet Apart In The Sunshine Authored by Christine Black via Off-Guardian.org, We are in lockdown in Virginia after Governor Ralph Northam closed beaches, book stores, libraries, restaurants, coffees shops, cancelled live music concerts, and ordered churches closed. He said to not have gatherings of more than 10 people and to practice “social distancing,” which […]

  • Air Force Preparing For ‘Cyclical’ Coronavirus, Top General Warns

    ZeroHedge - Apr 22nd 2020 5:00pm EDT

    Air Force Preparing For ‘Cyclical’ Coronavirus, Top General Warns The Air Force is assuming that COVID-19 will be a ‘cyclical’ virus that will likely come back until (and unless) a vaccine is created, according to Wednesday statements by Chief of Staff Gen. David Goldfein, the branch’s top general. “All the predictions are no vaccine for […]

  • UN Admits COVID-19 Pandemic Could Spark Famines Of “Biblical Proportions”

    ZeroHedge - Apr 22nd 2020 4:40pm EDT

    UN Admits COVID-19 Pandemic Could Spark Famines Of “Biblical Proportions” Authored by Michael Snyder via The Economic Collapse blog, What the head of the UN’s World Food Program just said should be making front page headlines all over the globe.  Because if what he is claiming is true, we are about to see global food […]

  • Round 2: Chamath Explains Why Corporate America Is “Incompetent” & Fed Stimulus Is “Dangerous” In Epic 7-Minute CNBC Interview

    ZeroHedge - Apr 22nd 2020 4:20pm EDT

    Round 2: Chamath Explains Why Corporate America Is “Incompetent” & Fed Stimulus Is “Dangerous” In Epic 7-Minute CNBC Interview More than 125 years ago, the American financial press emerged from the primordial ooze with a simple mission: To help even the playing field between retail investors and professionals. The theory was that by lessening the […]

  • A History Of The Biggest Bailouts In History

    ZeroHedge - Apr 22nd 2020 3:50pm EDT

    A History Of The Biggest Bailouts In History While nobody knows when the US economy will fully recover from the coronacrisis pandemic, what the economy will look like, or where the S&P will be one year from now, we do know how much money the current bailout has cost. And, at over $10 trillion to […]

  • Kyle Bass: “The Saudis Are Sending Us A 50 Million Barrel Oil Bomb”

    ZeroHedge - Apr 22nd 2020 3:19pm EDT

    Kyle Bass: “The Saudis Are Sending Us A 50 Million Barrel Oil Bomb” By now even the 165,727 “professional investors” who are long the USO ETF on the free, glitch-prone platform Robin Hood, are aware that the problem facing global oil production is that there is simply no storage where to put all the physical […]

  • What’s Collapsing Can’t Be Saved: Our Fraudulent Economy

    ZeroHedge - Apr 22nd 2020 3:05pm EDT

    What’s Collapsing Can’t Be Saved: Our Fraudulent Economy Authored by Charles Hugh Smith via OfTwoMinds blog, Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured. Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the […]

  • Students Sue Harvard For Prison Investments, Claim School Is “Complicit In White Supremacy”

    ZeroHedge - Apr 22nd 2020 2:35pm EDT

    Students Sue Harvard For Prison Investments, Claim School Is “Complicit In White Supremacy” Authored by Allison Robison via Campus Reform, A student group advocating for full prison abolition is suing Harvard University for its investments in the “prison-industrial complex,” which it says implicates the university in continued “benefit from its historical ties to slavery.” “We […]

  • In Desperate Scramble To Stay Alive, USO Reallocates Oil Holdings, May Invest In “Other Oil-Related” Assets

    ZeroHedge - Apr 22nd 2020 2:34pm EDT

    In Desperate Scramble To Stay Alive, USO Reallocates Oil Holdings, May Invest In “Other Oil-Related” Assets The managers of the infamous USO ETF really do not want to be dissolve this “retail killer” which in Kyle Bass’s words has “vaporized billions from unweary investors this week alone.” Just hours after USCF investments, the managers behind […]

  • ‘Don’t Tread On Me’: 74% Of Voters Worried About Losing Freedoms Due To COVID-19

    ZeroHedge - Apr 22nd 2020 2:20pm EDT

    ‘Don’t Tread On Me’: 74% Of Voters Worried About Losing Freedoms Due To COVID-19 Amid sporadic mass protests increasingly popping up in states where coronavirus ‘stay an home’ orders and restrictions have been particularly draconian, Michigan first among them, it appears a sign Americans will get increasingly fed up the longer that lockdowns and corresponding economic […]

  • Von Greyerz: Gold ETFs Offer Zero Wealth Protection

    ZeroHedge - Apr 22nd 2020 2:05pm EDT

    Von Greyerz: Gold ETFs Offer Zero Wealth Protection Via GoldSwitzerland.com, In this important interview Egon von Greyerz of Matterhorn Asset Management AG, answers questions of Jan Kneist’s Investor Talk. Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETF’s are experiencing large inflows of funds. Where do they […]

  • California Study Shows Virus Much More Pervasive “But Not Killing At Rate We Thought”

    ZeroHedge - Apr 22nd 2020 1:50pm EDT

    California Study Shows Virus Much More Pervasive “But Not Killing At Rate We Thought” A new scientific study published at the start of this week strongly suggests the coronavirus may already be much more widespread in the US population than official tallies, though far less dangerous to most. The LA Times reports on preliminary findings from a coronavirus […]

  • Next Stop For The 10Y Treasury: 0.25%

    ZeroHedge - Apr 22nd 2020 1:34pm EDT

    Next Stop For The 10Y Treasury: 0.25% Authored by Ian Lyngen, Ben Jeffery and Jon Hill, rates strategists at BMO Capital Markets A glance at the calendar for today reveals effectively no new information to provide trading direction in the Treasury market; it’s always the quiet ones. As has been the case thus far in […]

  • Of All The Banks That Shafted Small Businesses Out Of Coronavirus Relief, JPMorgan Takes The Cake

    ZeroHedge - Apr 22nd 2020 1:20pm EDT

    Of All The Banks That Shafted Small Businesses Out Of Coronavirus Relief, JPMorgan Takes The Cake While JPMorgan provided loans to virtually all of their commercial banking customers who applied for coronavirus relief through the small business program, their business banking unit – which serves smaller firms – only funded around 6% of applications for […]