• Retaliation? China Suddenly Toughens Export Rules, Freezing Critical Medical Goods Destined For US

    ZeroHedge - Apr 16th 2020 2:40pm EDT

    Retaliation? China Suddenly Toughens Export Rules, Freezing Critical Medical Goods Destined For US Just hours after President Trump, General Milley, and now the mainstream US media, increase the rhetoric volume on the source of the “Chinese Virus”, with questions about leaks from the Wuhan Lab growing louder, American firms producing medical goods in China have been […]

  • Can “Sickcare” Survive The Pandemic?

    ZeroHedge - Apr 16th 2020 2:25pm EDT

    Can “Sickcare” Survive The Pandemic? Authored by Charles Hugh Smith via OfTwoMinds blog, Like the rest of the financialization machine, sickcare was never sustainable. What was once known as healthcare in the U.S. has largely been replaced by sickcare: healthcare was focused on restoring and maintaining health and was owned and managed by community-based non-profit hospitals. Sickcare is focused on extracting […]

  • Flashback: Chinese Military Scientists Have Been Experimenting With Biotech As ‘New Domain Of Warfare’

    ZeroHedge - Apr 16th 2020 2:10pm EDT

    Flashback: Chinese Military Scientists Have Been Experimenting With Biotech As ‘New Domain Of Warfare’ While the topic of Chinese government research dominating headlines thanks to a new report that COVID-19 escaped from a BSL-4 facility in Wuhan (reportedly not a bioweapon), it bears mention that the CCP has been pouring significant resources into the militarization […]

  • Here’s How Trump’s “Re-Opening The Economy” Presser Will Go

    ZeroHedge - Apr 16th 2020 1:55pm EDT

    Here’s How Trump’s “Re-Opening The Economy” Presser Will Go Authored by Peter Tchir via Academy Securities, 35% Say the Re-Opening Plan Is Too Dangerous 35% of the population, 3 broadcast networks and 2 cable news networks will immediately blast the plan as not caring enough about lives.  That the plan is full of mistakes and […]

  • Morgan Stanley, Citadel, & BlackRock Now Advising The SEC On Changes To Circuit-Breaker Rules

    ZeroHedge - Apr 16th 2020 1:40pm EDT

    Morgan Stanley, Citadel, & BlackRock Now Advising The SEC On Changes To Circuit-Breaker Rules Who better to help the SEC determine the market’s circuit breaker rules than Morgan Stanley, BlackRock and Citadel Securities? After all, what vested interest could they have in tilting the playing field in their own direction? But, alas, they are among the […]

  • COMEX Bombshell: Most ‘Eligible’ Vaulted-Gold Has Nothing To Do With COMEX

    ZeroHedge - Apr 16th 2020 1:25pm EDT

    COMEX Bombshell: Most ‘Eligible’ Vaulted-Gold Has Nothing To Do With COMEX Authored by Ronan Manly via BullionStar.com, In the midst of the ongoing fractures in the paper gold markets that have triggered bullion bank panic from London to New York, forcing their public fronts, the LBMA and CME Group (COMEX) to rush out damage control statements claiming “healthy […]

  • Esper Slams China’s “Opaque, Misleading” Coronavirus Info; Beijing Responds: ‘What Else Do You Want From Us?’

    ZeroHedge - Apr 16th 2020 1:10pm EDT

    Esper Slams China’s “Opaque, Misleading” Coronavirus Info; Beijing Responds: ‘What Else Do You Want From Us?’ Defense Secretary Mark Esper, who has expressed wariness toward China virtually since his confirmation, shared some harsh words for Beijing yesterday, then reiterated them on Thursday during an appearance on “The Today Show” – one of the Defense Secretary’s […]

  • The “Unsinkable” US Economy Strikes A Pandemic Iceberg – The Map Ahead

    ZeroHedge - Apr 16th 2020 12:55pm EDT

    The “Unsinkable” US Economy Strikes A Pandemic Iceberg – The Map Ahead Authored by Patrick Hill via RealInvestmentAdvice.com, The ‘unsinkable’ Titanic was designed to withstand a breach of four compartments, ensuring the ship would stay afloat.  On the evening of April 14, 1912, the ship hit an iceberg, breaching five compartments, and within two and […]

  • Up To $3.4 Billion In Stimulus Money Could Go To Dead People

    ZeroHedge - Apr 16th 2020 12:40pm EDT

    Up To $3.4 Billion In Stimulus Money Could Go To Dead People Who knows how many untold millions of dollars out of the massive $2.2 trillion CARES Act will be sent to dead people? We did the math below.  It is happening. As Republican Congressman from Kentucky Thomas Massie — who it must be recalled was a ‘lone […]

  • Peter Schiff Asks “Who’s Going To Pay For All This?”

    ZeroHedge - Apr 16th 2020 12:25pm EDT

    Peter Schiff Asks “Who’s Going To Pay For All This?” Via SchiffGold.com, The federal government is borrowing and spending trillions to bail out everybody. The Federal Reserve is enabling this by printing trillions of dollars out of thin air. On a recent InfoWars interview, Peter Schiff asked the question nobody seems to be grappling with: […]

  • US Sailors Among 668 Infected On French Aircraft Carrier Charles de Gaulle

    ZeroHedge - Apr 16th 2020 12:10pm EDT

    US Sailors Among 668 Infected On French Aircraft Carrier Charles de Gaulle Last week we reported that yet another aircraft carrier had been diverted from its mission due to a coronavirus outbreak among crew following the USS Theodore Roosevelt fiasco, but in the latest case it was France’s lone nuclear-powered aircraft carrier, the Charles de Gaulle, forced to […]

  • Nasdaq 100 Surges Back Into Green For 2020, Small Caps Down 30%

    ZeroHedge - Apr 16th 2020 11:57am EDT

    Nasdaq 100 Surges Back Into Green For 2020, Small Caps Down 30% FANG stocks are at record highs… Which has lifted the Nasdaq 100 back into the green for 2020… S&P is not as exuberant as Nasdaq… as its earnings expectations collapse… But as Nasdaq soars, Small Caps are collapsing… down 30% YTD… Sending the […]

  • A Lot Of “The Worst Ever”s

    ZeroHedge - Apr 16th 2020 11:55am EDT

    A Lot Of “The Worst Ever”s Submitted by Market Crumbs With the outbreak of COVID-19 being unlike anything seen before in our lifetimes, the resulting economic damage is starting to enter unprecedented territory as well. Just a day after the International Monetary Fund warned “The Great Lockdown” would be the worst economic downturn since the […]

  • Chris Whalen Exposes The Real Bank Earnings Armageddon

    ZeroHedge - Apr 16th 2020 11:25am EDT

    Chris Whalen Exposes The Real Bank Earnings Armageddon Authored by Chris Whalen via TheInstitutionalRiskAnalyst.com, This week, The Institutional Risk Analyst releases our Q1 2020 bank earnings report, which is for sale in our online store. In our latest credit comment, we feature net loss rate and earnings estimates for JPMorgan, U.S. Bancorp, Bank of America […]

  • First JC Penney, Now Neiman Marcus Set To File For Bankruptcy

    ZeroHedge - Apr 16th 2020 11:09am EDT

    First JC Penney, Now Neiman Marcus Set To File For Bankruptcy Yesterday we reported that ancient retail icon and anchor tenant at malls everywhere, JC Penney, was finally preparing to call it a day, and was set to file for bankruptcy protection, in the process ending lease payments and putting the thousands of malls in […]

  • This Is A “Cataclysmic” Problem For FANGs: Diller Warns Of Record Crash In Ad Spend

    ZeroHedge - Apr 16th 2020 10:55am EDT

    This Is A “Cataclysmic” Problem For FANGs: Diller Warns Of Record Crash In Ad Spend While the FANG stocks has staged a dramatic rebound from their March lows, and have in fact surged to new all time highs… … fundamentally these trillion-dollar companies are nothing more than ad platforms, whose viability and growth depends on […]

  • The $349 Billion Small Business Loan Program Is Now Out Of Money

    ZeroHedge - Apr 16th 2020 10:41am EDT

    The $349 Billion Small Business Loan Program Is Now Out Of Money We warned yesterday that it was imminent, and now it has occurred… The Trump administration’s Paycheck Protection Program (PPP) for small businesses slammed by coronavirus has run out of funds, hitting the $349 billion initial allotment Thursday morning, according to the Small Business […]

  • Rabobank: “If We Don’t Get The Reopening Just Right We Can Start The Clock To The Second Infection Wave”

    ZeroHedge - Apr 16th 2020 10:30am EDT

    Rabobank: “If We Don’t Get The Reopening Just Right We Can Start The Clock To The Second Infection Wave” Submitted by Michael Every of Rabobank Break-out > Lockdown > Break-up As mentioned yesterday, with recognition that virus may have peaked we see that momentum continues to build to try to get us back to normal. […]

  • Andrew Cuomo Hires McKinsey To “Trump-Proof” New York’s Plan To Reopen Economy

    ZeroHedge - Apr 16th 2020 10:15am EDT

    Andrew Cuomo Hires McKinsey To “Trump-Proof” New York’s Plan To Reopen Economy Left-wing critics on Twitter have slammed President Trump for appointing economic advisors like Larry Kudlow to the White House coronavirus task force. Many argued that the notion an economist can help epidemiologists solve a problem of pathology isn’t just arrogant, it’s extremely ignorant. […]

  • Declassified Horowitz Footnotes Show Obama Officials Knew Steele Dossier Was Russian Disinfo Designed To Target Trump

    ZeroHedge - Apr 16th 2020 10:00am EDT

    Declassified Horowitz Footnotes Show Obama Officials Knew Steele Dossier Was Russian Disinfo Designed To Target Trump Authored by Sara Carter via SaraACarter.com, Systemic FBI Effort To Legitimize Steele and Use His Information To Target POTUS Newly declassified footnotes from Department of Justice Inspector General Michael Horowitz’s December FBI report reveals that senior Obama officials, including members of […]

  • Scientists Discover Alarming Coronavirus Mutation That Could Render Vaccine Useless

    ZeroHedge - Apr 16th 2020 9:45am EDT

    Scientists Discover Alarming Coronavirus Mutation That Could Render Vaccine Useless The prospect that SARS-CoV-2, the “novel” coronavirus responsible for causing the illness COVID-19, might be mutating and evolving as it spreads across the globe has been such a terrifying prospect for the scientific community, that medical experts like Dr. Anthony Fauci seem to avoid even […]

  • Is Nassim Taleb “The Only Man That Has A Clue”?

    ZeroHedge - Apr 16th 2020 9:30am EDT

    Is Nassim Taleb “The Only Man That Has A Clue”? Authored by Raul Ilargi Meijer via The Automatic Earth blog, Today, I’m going to try to show you how and why we know that in the case of a pandemic like the one we’re in, surrounded by doubts and uncertainties, there are still a series […]

  • ‪Shocking Images Show Body-Bags Piled Up In Vacant Detroit Hospital Rooms

    ZeroHedge - Apr 16th 2020 9:15am EDT

    ‪Shocking Images Show Body-Bags Piled Up In Vacant Detroit Hospital Rooms Detroit’s Sinai-Grace Hospital is making headlines this week via a new report from CNN that shows alleged images of body bags stacked inside a vacant room and in refrigerated trucks.  News of the hospital overwhelmed by COVID-19 deaths comes as refrigerated trucks were called in to […]

  • Elon Musk: “What I Find Most Surprising is That CNN Still Exists”

    ZeroHedge - Apr 16th 2020 8:59am EDT

    Elon Musk: “What I Find Most Surprising is That CNN Still Exists” Authored by Paul Joseph Watson via Summit News, Elon Musk called out CNN for erroneously reporting that more than 1,000 ventilators sent by Tesla to California hospitals hadn’t been received while expressing his surprise that the news network “still exists.” Last month, Musk […]

  • Philly Fed Collapses By Most Ever To 40 Year Lows

    ZeroHedge - Apr 16th 2020 8:50am EDT

    Philly Fed Collapses By Most Ever To 40 Year Lows Philly Fed joined the rest of the regional Fed surveys in an utter bloodbath. Against expectations of a -32.0 print, Philly Fed crashed to -56.6 – the lowest since 1980 and the biggest 2-month drop in history… Source: Bloomberg Under the hood it’s ugly: April […]