• April Fool’d – Bonds Bid, Stocks Slammed As Rebalance-Bid Evaporates

    ZeroHedge - Apr 1st 2020 4:00pm EDT

    April Fool’d – Bonds Bid, Stocks Slammed As Rebalance-Bid Evaporates With month-/quarter-end rebalancing flows now a thing of the past… Virus-fear is back… Source: Bloomberg But the day started off ugly with a huge sell program… Source: Bloomberg …the biggest negative TICK since Aug 13th 2018… Source: Bloomberg Small Caps led the bloodbathery with a […]

  • $81 Billion In Rent Is Due Today And No One Knows What Will Happen

    ZeroHedge - Apr 1st 2020 3:45pm EDT

    $81 Billion In Rent Is Due Today And No One Knows What Will Happen It’s officially zero hour for both landlords and tenants alike as today marks the first day that mortgages and rents are due since the nation has addressed the coronavirus on a national scale with a lockdown and stay-at-home orders. Meanwhile, in the balance […]

  • Michigan Democrat Governor Begs Feds For Hydroxychloroquine Just Days After Threatening Doctors For Prescribing It

    ZeroHedge - Apr 1st 2020 3:30pm EDT

    Michigan Democrat Governor Begs Feds For Hydroxychloroquine Just Days After Threatening Doctors For Prescribing It Authored by Paul Joseph Watson via Summit News, Democratic Michigan Governor Gretchen Whitmer is now asking the federal government to send her hydroxychloroquine just four days after she threatened to revoke the medical licenses of doctors who prescribed it. Last […]

  • “Asking For The World’s Depositors”: Is It Time To Worry About The Banks?

    ZeroHedge - Apr 1st 2020 3:13pm EDT

    “Asking For The World’s Depositors”: Is It Time To Worry About The Banks? Until now, the media and financial commentariat had been very careful to frame the coronacrisis as merely a one-time shock to the global economy and a non-recurring hit to corporate earnings as the world is put into an induced coma, with hopes […]

  • ADP Confirms The Worst Is Yet To Come

    ZeroHedge - Apr 1st 2020 3:01pm EDT

    ADP Confirms The Worst Is Yet To Come Submitted by Christopher Dembik of Saxo Bank The ADP estimates that US companies cut 27,000 jobs from March 1 to March 12 after an increase of 179,000 in February. This is the first monthly contraction since September 2017. The 6-month average is down at 119,000 vs 183,000 […]

  • Gundlach, Marks, Rogers All Agree: It’s Going To Get Much Worse

    ZeroHedge - Apr 1st 2020 2:46pm EDT

    Gundlach, Marks, Rogers All Agree: It’s Going To Get Much Worse “We’re going to have the worst bear market in my lifetime,” in the next year or two. That’s the message from billionaire cofounder (with Soros) of the legendary Quantum Fund, Jim Rogers, who told Bloomberg this morning that the impact of the virus on […]

  • Johnstone: People’s Skepticism About COVID-19 Is The Fault Of The Lying Mass Media

    ZeroHedge - Apr 1st 2020 2:30pm EDT

    Johnstone: People’s Skepticism About COVID-19 Is The Fault Of The Lying Mass Media Authored by Caitlin Johnstone via Medium.com, Coronavirus disinformation is the hot topic of the day, with pressure mounting on social media platforms to censor incorrect information about the virus and mainstream news outlets blaring dire warnings every day about the threat posed by the […]

  • Visualizing COVID-19’s Financial Impact On Local Businesses

    ZeroHedge - Apr 1st 2020 2:15pm EDT

    Visualizing COVID-19’s Financial Impact On Local Businesses To quantify the impact of COVID-19 on local businesses across the U.S., the data science team at Womply is conducting ongoing, daily data analysis of transaction trends year-over-year at 400,000 local businesses across the country, including 48,000 restaurants, 10,000 grocery stores, 4,600 bars, 64,000 retail shops, and 6,400 […]

  • No Joking Matter: Survey Finds Six Out Of Ten Students View Offensive Jokes As “Hate Speech”

    ZeroHedge - Apr 1st 2020 1:59pm EDT

    No Joking Matter: Survey Finds Six Out Of Ten Students View Offensive Jokes As “Hate Speech” Authored by Jonathan Turley, We have been discussing the growing intolerance for free speech on our campuses and the ever-expanding scope of both hate speech and “microaggression” definitions. Now, College Pulse has released s survey of 2,000 college students that finds […]

  • In Surprise Tweet, Trump Warns ‘Iran Sneak Attack’ Coming – Tehran To Pay “Very Heavy Price”

    ZeroHedge - Apr 1st 2020 1:45pm EDT

    In Surprise Tweet, Trump Warns ‘Iran Sneak Attack’ Coming – Tehran To Pay “Very Heavy Price” For the US administration it appears now is as good a time as any to start a major proxy war with Iran inside Iraq. Or perhaps the distraction of yet another Middle East war is just what the doctor neocons […]

  • FIMA Is Yet More Proof – The Potential For A Shadow-Shadow Run Is Very Real

    ZeroHedge - Apr 1st 2020 1:30pm EDT

    FIMA Is Yet More Proof – The Potential For A Shadow-Shadow Run Is Very Real Authored by Jeffrey Snider via Alhambra Investments, Yesterday was another day ending in “y”, therefore there must be some new liquidity scheme being announced by the Federal Reserve. For a crisis that many seem confident has been put in the […]

  • How Americans Are Responding To The Coronacrisis: A Gallup Poll

    ZeroHedge - Apr 1st 2020 1:15pm EDT

    How Americans Are Responding To The Coronacrisis: A Gallup Poll Gallup has been polling Americans on the COVID-19 crisis daily since March 13. Here are new results from Gallup’s interviewing through March 29, as well as highlights from the past two weeks. Social Distancing Still on the Increase Gallup last reported Americans’ adherence to the […]

  • Shocking Magnitude 6.5 Tremor That Just Hit Idaho Continues Alarming Trend Of Western Quakes

    ZeroHedge - Apr 1st 2020 1:00pm EDT

    Shocking Magnitude 6.5 Tremor That Just Hit Idaho Continues Alarming Trend Of Western Quakes Authored by Michael Snyder via The End of The American Dream blog, Why has the western United States suddenly been shaking so violently over the past several weeks?  On Tuesday, the constant barrage of headlines about the coronavirus pandemic was interrupted […]

  • Here We Go Again: China Puts Entire County On Lockdown After New Corona Cluster Emerges

    ZeroHedge - Apr 1st 2020 12:47pm EDT

    Here We Go Again: China Puts Entire County On Lockdown After New Corona Cluster Emerges China is no longer fixed. Having lied for the past month that it has the coronavirus crisis “under control” just so people return to work, full of hope and enthusiasm, rejoicing at the surge in China’s just as fabricated PMI […]

  • Conagra Shares Surge As Nationwide Lockdown Prompts Americans To Stockpile Groceries

    ZeroHedge - Apr 1st 2020 12:35pm EDT

    Conagra Shares Surge As Nationwide Lockdown Prompts Americans To Stockpile Groceries Shares of Conagra rose almost 4% on Tuesday and will likely continue to be volatile as the coronavirus pandemic prompts a nation full of locked down consumers without access to restaurants to make more trips to the food store than usual.  Since March 12, […]

  • The US Can’t Afford To Let Shale Fail

    ZeroHedge - Apr 1st 2020 12:20pm EDT

    The US Can’t Afford To Let Shale Fail Authored by Robert Rapier via OilPrice.com, It’s no secret that the growth of U.S. shale oil has been a thorn in the sides of both Saudi Arabia and Russia. They have seen their market shares erode as the shale boom made the U.S. the world’s largest producer […]

  • Domestic Abuse Calls Soar As Nationwide Lockdown Extends

    ZeroHedge - Apr 1st 2020 12:05pm EDT

    Domestic Abuse Calls Soar As Nationwide Lockdown Extends Across California, high unemployment and crashed economic activity are starting to pressure households as tens of millions of people have been forced by the government to “shelter in place” amid the COVID-19 outbreak.  A frightening new reality is starting to develop, one where households are becoming fractured […]

  • Blain: “What To Worry About Next…”

    ZeroHedge - Apr 1st 2020 11:50am EDT

    Blain: “What To Worry About Next…” Authored by Bill Blain via MorningPorridge.com, Long-held investment equations are all changing. The laws of financial physics are not as unchanging as we think.  What to worry about next… I got a call from a Swiss Broker chum y’day telling me they see a rise in demand for TIPs […]

  • European Banks Suspend Dividends; Banker Bonuses Are Next

    ZeroHedge - Apr 1st 2020 11:35am EDT

    European Banks Suspend Dividends; Banker Bonuses Are Next Two of Europe’s largest banks tumbled on Wednesday, dragging down the broader Eurostoxx Bank Index, after they joined the rest of their peers in suspending shareholder payouts. HSBC plunged in Hong Kong trading after scrapping its dividend and warning revenue and loan losses will be impacted in […]

  • US Intelligence Report Accuses China Of Deliberately Underreporting COVID-19 Infection Numbers

    ZeroHedge - Apr 1st 2020 11:22am EDT

    US Intelligence Report Accuses China Of Deliberately Underreporting COVID-19 Infection Numbers A day after China reported more than 1,500 additional “asymptomatic” cases that authorities said had been left out of the country’s data, while promising to start reporting these cases (they’ve already reported 50 more on Wednesday, blaming most of them on travel) going forward, […]

  • What If The Fed Did Nothing?

    ZeroHedge - Apr 1st 2020 11:15am EDT

    What If The Fed Did Nothing? Authored by Noah Bonn via The Mises Institute, Austrians and Libertarians are well-established critics of central banking in general, and emergency monetary stimulus in particular. There is near universal agreement that Alan Greenspan should not have cut rates following the Dot-Com Bubble, and that Ben Bernanke and Janet Yellen […]

  • Putin Self-Isolates After Shaking Hands With Infected Doctor At Moscow Hospital

    ZeroHedge - Apr 1st 2020 11:04am EDT

    Putin Self-Isolates After Shaking Hands With Infected Doctor At Moscow Hospital On Tuesday it was revealed that Denis Protsenko, the head doctor at the infectious diseases hospital treating coronavirus patients in Moscow, tested positive for COVID-19. Just a week ago Dr. Protsenko was photographed shaking hands with President Vladimir Putin, during the Russian leader’s visit to the […]

  • The COVID-19 Tripwire

    ZeroHedge - Apr 1st 2020 10:45am EDT

    The COVID-19 Tripwire Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, “You better tuck that in. You’re gonna’ get that caught on a tripwire.”  – Lieutenant Dan, Forrest Gump There is a popular game called Jenga in which a tower of rectangular blocks is arranged to form a sturdy tower. The objective of the game […]

  • WTI Tumbles To $19 Handle After Biggest Crude Build Since 2016

    ZeroHedge - Apr 1st 2020 10:36am EDT

    WTI Tumbles To $19 Handle After Biggest Crude Build Since 2016 After its worst quarter ever, as COVID-19 lockdowns crushed demand, raising fears about overflowing storage tanks amid a price war that has flooded the market with extra supply, all eyes are glued to today’s official inventory data (after API reported a major surprise build […]

  • The Fed Blows Biggest Bond Bubble Ever: March IG Bond Issuance Hits $271BN, An Absolute Record

    ZeroHedge - Apr 1st 2020 10:26am EDT

    The Fed Blows Biggest Bond Bubble Ever: March IG Bond Issuance Hits $271BN, An Absolute Record When the Fed broke the last frontier of moral hazard – at least until it starts openly purchasing ETFs and single stocks after the next market crash, thereby fully nationalizing the market – and announced it, or rather Blackrock, […]