News From ZeroHedge, Page 2786

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  • Hey, It’s Not Just Coronavirus!

    ZeroHedge - Feb 28th 2020 3:30pm EST

    Hey, It’s Not Just Coronavirus! Authored by James Howard Kunstler via Kunstler.com, Whatever the Democratic Party is infected with may be worse than covid-19. The symptoms presented point to a rare illness known as kuru. By now, we all understand that diseases easily jump between continents in this era of incessant air travel. The National […]

  • BBC Claims Iranian Government Is Lying About Outbreak: Real Death Toll Is 210, Not 34

    ZeroHedge - Feb 28th 2020 3:15pm EST

    BBC Claims Iranian Government Is Lying About Outbreak: Real Death Toll Is 210, Not 34 Given the Iranian regime’s recent history of brazenly lying to the public despite its obvious culpability, we were certainly intrigued when a local lawmaker in Qom told reporters that at least 50 people had died from the coronavirus in his […]

  • How Did We Get Here?

    ZeroHedge - Feb 28th 2020 3:01pm EST

    How Did We Get Here? In the breathless words of Ron Burgundy, “well, that escalated quickly!” Amid all the calls for The Fed to rescue investors with 1, 2, 3, or even 4 rate-cuts… The question many prefer to not ask – for fear of the answer – is: How did we get here!? Nomura’s […]

  • Fed Chair Powell Issues Statement To Calm Crashing Markets

    ZeroHedge - Feb 28th 2020 2:47pm EST

    Fed Chair Powell Issues Statement To Calm Crashing Markets With stocks crashing, yields plunging, supply-chains fraying, China’s economy freezing, junk bonds tumbling, credit and equity markets grinding to a halt, and the global economy on the verge of a crisis the likes of which it has not seen since Lehman, moments after both Goldman and […]

  • “Emergency Is On The Table”: Goldman, BofA Brace For Crisis, Predict Multiple Rate Cuts In Coming Weeks

    ZeroHedge - Feb 28th 2020 2:32pm EST

    “Emergency Is On The Table”: Goldman, BofA Brace For Crisis, Predict Multiple Rate Cuts In Coming Weeks When it comes to its market, rates and economic forecasts, Goldman has long been one of Wall Street’s favorite contrarian, Gartman-like indicators: i.e., always wrong. From its notoriously terrible FX predictions (which we so bad, two of its […]

  • The Bad News, The Good News… And What To Do

    ZeroHedge - Feb 28th 2020 2:10pm EST

    The Bad News, The Good News… And What To Do Authored by Bank of America’s Chief Investment Officer, Michael Hartnett Key takeaways Market cap loss: $6tn in global stocks, $4tn in US stocks in just 6 trading days. Credit “ghost in the machine” remains biggest market risk. We say March will be policy panic month, […]

  • Russia Blames Turkey For Its 33 Troops Killed Embedded With “Terrorists”; Turkey Vows To Escalate

    ZeroHedge - Feb 28th 2020 1:42pm EST

    Russia Blames Turkey For Its 33 Troops Killed Embedded With “Terrorists”; Turkey Vows To Escalate “We have fought Russia 16 times in the past, and we will fight it again,” Turkish adviser to President Recep Tayyip Erdogan, Mesut Hakki Casin, has warned after Thursday’s dramatic escalation involving the deaths of some 33 Turkish soldiers in Idlib via airstrike, in […]

  • Where Did Your Money Go?

    ZeroHedge - Feb 28th 2020 1:20pm EST

    Where Did Your Money Go? Authored by MN Gordon via EconomicPrism.com, It all seems so systematic, arranged, and orderly.  Almost a direct proof of deism.  Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. Roughly every 30 days […]

  • Major Fire Erupts Near Central Paris Train Station

    ZeroHedge - Feb 28th 2020 1:09pm EST

    Major Fire Erupts Near Central Paris Train Station A massive fire has broken out in southeastern Paris near the Gare de Lyon train station. The fire has prompted police to evacuate the area. Breaking: Massive fire at Gare de Lyon train station in Paris, France. A protest against a Congolese singer who supports the current Congo […]

  • Citadel Securities Is Trying To Corner The Market For Institutional Options Trading

    ZeroHedge - Feb 28th 2020 1:00pm EST

    Citadel Securities Is Trying To Corner The Market For Institutional Options Trading Ken Griffin has to pay for that 23,000 square foot, $238 million apartment in New York City he just bought somehow. Perhaps that’s why Citadel Securities is now working vigilantly to secure more options order flow from institutional investors. And with major brokerage houses […]

  • Could The Covid-19 Pandemic Collapse The U.S. Healthcare System?

    ZeroHedge - Feb 28th 2020 12:40pm EST

    Could The Covid-19 Pandemic Collapse The U.S. Healthcare System? Authored by Charles Hugh Smith via OfTwoMinds blog, Disregard these second-order effects at your own peril. You will find more infographics at Statista A great many systems that are assumed to be robust are actually fragile. Exhibit #1 is the global financial system, of course, but Exhibit […]

  • Angry Judge Orders Hunter Biden To Appear For Deposition In Child Support Case

    ZeroHedge - Feb 28th 2020 12:20pm EST

    Angry Judge Orders Hunter Biden To Appear For Deposition In Child Support Case Hunter Biden must appear in Little Rock, Arkansas to give a deposition in his child support case, after a judge rejected his attempt to delay until after most of the key Democratic primary debates, according to the Arkansas Democrat-Gazette. “He needs to […]

  • The Entire Treasury Yield Curve Is ‘Inverted’

    ZeroHedge - Feb 28th 2020 11:40am EST

    The Entire Treasury Yield Curve Is ‘Inverted’ The market is now demanding almost 4 rate-cuts this year – a stunning example of the desperation for monetary policy mavens to save the world through easy money… and maintain the ‘buy the dip’ strategy that a generation of money managers has become conditioned to. Source: Bloomberg As […]

  • Iran’s Clerics “Put World At Risk” – Urging Pilgrims To Visit Qom Shrine, Outbreak Epicenter, As “House For Cure”

    ZeroHedge - Feb 28th 2020 10:59am EST

    Iran’s Clerics “Put World At Risk” – Urging Pilgrims To Visit Qom Shrine, Outbreak Epicenter, As “House For Cure” Already sanctions-wracked Iran now has the worst coronavirus outbreak in the Middle East. The official death toll has climbed to 26, with 240 confirmed cases (with thousands still being tested); however, the true numbers are believed much, […]

  • Dollar Pushed Higher Then Backed Off – Why?

    ZeroHedge - Feb 28th 2020 10:41am EST

    Dollar Pushed Higher Then Backed Off – Why? Authored by Bruce WIlds via Advancing Time blog, The dollar’s weakness in the last few days can be explained from the yen being used as a conduit for wealth fleeing China and the euro enjoying a “dead cat” bounce. The dollar still sits at the higher part […]

  • Gold Tumbles – Is The BoJ Back In The Market?

    ZeroHedge - Feb 28th 2020 10:01am EST

    Gold Tumbles – Is The BoJ Back In The Market? Gold prices are down around $25 this morning, despite a collapse in stocks and bond yields – and generally weak trend lower in the dollar. The question is why? Or more appropriately, who? We may have an answer to this outlier move. Last week we […]

  • NYSE Announces Disaster-Recovery Test Due To Virus Fears

    ZeroHedge - Feb 28th 2020 9:42am EST

    NYSE Announces Disaster-Recovery Test Due To Virus Fears In a somewhat shocking sounding move, given administration officials’ ongoing effort to calm the public fears over the spread of Covid-19, The New York Stock Exchange has announced it will commence disaster-recovery testing in its Cermak Data Center on March 7 amid coronavirus concern, Fox Business reports […]

  • Goldman: This Is How The Selloff Changed On Thursday

    ZeroHedge - Feb 28th 2020 9:20am EST

    Goldman: This Is How The Selloff Changed On Thursday Dip-buyers tried – and failed – yesterday to bring an end to the avalanche of stock market losses, but the moves in bonds, FX, and commodities are just as stunning and in an overnight note, Goldman Sachs explains how the cross-asset sell-off changed on Thursday… and […]

  • Rabobank: “So, It Was Right Not To ‘Buy The Dip’?”

    ZeroHedge - Feb 28th 2020 8:47am EST

    Rabobank: “So, It Was Right Not To ‘Buy The Dip’?” Authored by Michael Every via Rabobank, So it was right not to “buy the dip”.  Virus cases continue to escalate almost everywhere that already had them, despite government lockdowns, and nobody and nowhere is proving immune. Iran’s Vice-President is infected and their ambassador to the Vatican […]

  • US Personal Incomes Grow At Fastest Pace Since 2018, Spending Growth Slows

    ZeroHedge - Feb 28th 2020 8:40am EST

    US Personal Incomes Grow At Fastest Pace Since 2018, Spending Growth Slows Amid all the carnage, a sliver of good news is that incomes jumped more than expected in January (+0.6% MoM vs +0.4% MoM) and while economists will be gravely disappointed spending rose less than expected (+0.2% MoM vs +0.3% MoM) prompting a healthy […]

  • Geneva Auto Show Canceled As Switzerland Bans Public Events Amid Virus Fears  

    ZeroHedge - Feb 28th 2020 8:07am EST

    Geneva Auto Show Canceled As Switzerland Bans Public Events Amid Virus Fears   The 90th edition of the Geneva Motor Show (March 5-15) has been canceled following the Swiss government’s ban on all public events that gather more than 1,000 people until March 15 due to new fears Covid-19 is rapidly spreading across Europe.  Palexpo not yet […]

  • “The Markets Are Really Panicking”: VIX Explodes, Markets Crash In Worst Week Since Lehman

    ZeroHedge - Feb 28th 2020 7:51am EST

    “The Markets Are Really Panicking”: VIX Explodes, Markets Crash In Worst Week Since Lehman Friday’s market performance has traditionally been the weakest, even during the meltup phase ahead of the recent coronacrash, and as such it will probably not come as a surprise that today’s overnight rout which followed the biggest 6-day correction from a […]

  • Leaked Audio Exposes Bloomberg Saying He’ll “Drone” His Critics & Protect The Banks

    ZeroHedge - Feb 28th 2020 7:36am EST

    Leaked Audio Exposes Bloomberg Saying He’ll “Drone” His Critics & Protect The Banks Authored by Mac Slavo via SHTFplan.com, Democrat Michael Bloomberg has been caught saying he will drone those who disagree with him and protect the big banks. The hypocritical guy who backs and funds his own anti-gun campaign now wants the power to drone his […]

  • Coronavirus Cases Surge Across Europe As Hong Kong Dog Becomes First Pet To Test Positive: Live Updates

    ZeroHedge - Feb 28th 2020 7:18am EST

    Coronavirus Cases Surge Across Europe As Hong Kong Dog Becomes First Pet To Test Positive: Live Updates On Wednesday, the coronavirus outbreak reached a new milestone when the number of new cases confirmed in the world ex-China finally surpassed the number being confirmed on the mainland. Two days later, and we’re almost at the point […]

  • $5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History

    ZeroHedge - Feb 28th 2020 7:11am EST

    $5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History MSCI ACWI collapsed from a record high into ‘correction’ in just five days. The plunge in global equities has wiped out more than $5 trillion in value, or equivalent to nearly Japan’s annual GDP.  On Thursday afternoon, Guggenheim’s Scott Minerd said, “this is […]