News From ZeroHedge, Page 2838

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  • Mapping The Wealthiest Person In Every US State In 2020

    ZeroHedge - Apr 14th 2020 11:05pm EDT

    Mapping The Wealthiest Person In Every US State In 2020 There are different degrees of wealth that exist, even among the richest in America. For example, a heavy-hitting millionaire might have the most impressive fortune in his or her home state – but, as Visual Capitalist’s Jeff Desjardins shows below, venture a few miles across […]

  • Social Distancing Efforts Are Now Cemented Into American Life

    ZeroHedge - Apr 14th 2020 10:45pm EDT

    Social Distancing Efforts Are Now Cemented Into American Life Authored by Justin McCarthy via Gallup.com, Avoiding public transportation such as planes, buses, subways or trains (89%) and small gatherings (84%) has become the norm for more than eight in 10 Americans. Nearly as many Americans are avoiding public places such as stores and restaurants (78%) […]

  • “Black People Not Allowed” – China Denies Reports It Banned African Residents From Guangzhou

    ZeroHedge - Apr 14th 2020 10:25pm EDT

    “Black People Not Allowed” – China Denies Reports It Banned African Residents From Guangzhou Africans living in the Southern Chinese city of Guangzhou say they have been victims of racism, forced into quarantine, banned from shops, and evicted from rentals, following five Nigerians testing positive for COVID-19, in a district of the city known as […]

  • JPM Sees Global Profits “Cratering” 70% In Q2, No Recovery Until 2023

    ZeroHedge - Apr 14th 2020 10:01pm EDT

    JPM Sees Global Profits “Cratering” 70% In Q2, No Recovery Until 2023 Late last week, we showed a chart from Credit Suisse which we described simply as “insanity” because it demonstrated that as the US careened into a depression, with GDP crashing and the unemployment rate soaring, between the latest Fed-driven surge in stocks and […]

  • Navy’s Mercy Hospital Ship Off L.A. Now Battling Serious COVID-19 Outbreak Among Crew

    ZeroHedge - Apr 14th 2020 9:45pm EDT

    Navy’s Mercy Hospital Ship Off L.A. Now Battling Serious COVID-19 Outbreak Among Crew It was supposed to help relieve local California hospitals in the fight against coronavirus, but now it may have become a dangerous source of spreading the disease. The emergency response ship USNS Mercy, docked since last month in the Port of Los Angeles, […]

  • COVID-19 & The War On Cash: What Is Behind The Push For A Cashless Society?

    ZeroHedge - Apr 14th 2020 9:25pm EDT

    COVID-19 & The War On Cash: What Is Behind The Push For A Cashless Society? Authored by John Whitehead via The Rutherford Institute, Cash may well become a casualty of the COVID-19 pandemic… As these COVID-19 lockdowns drag out, more and more individuals and businesses are going cashless (for convenience and in a so-called effort to avoid […]

  • Vince McMahon’s XFL Has Shuttered And Filed For Bankruptcy…Again

    ZeroHedge - Apr 14th 2020 9:05pm EDT

    Vince McMahon’s XFL Has Shuttered And Filed For Bankruptcy…Again This time it was supposed to be different. But it ended the same: with Vince McMahon signing his name on a bankruptcy declaration for the XFL. The league’s “comeback” season has ended in unceremonious fashion as the coronavirus pandemic has forced the league to once again […]

  • Aussie Cops Use Surveillance Helicopter To Track Down Remote Campers

    ZeroHedge - Apr 14th 2020 8:45pm EDT

    Aussie Cops Use Surveillance Helicopter To Track Down Remote Campers Authored by Paul Joseph Watson via Summit News, Police in Tasmania are using a surveillance helicopter to track down people camping in remote locations in violation of coronavirus lockdown laws. “Tasmania Police officers conducting aerial surveillance around the state, including on the North-West Coast located […]

  • Second Wave Of Coronavirus Layoffs Claiming Workers Who Thought They Were Safe

    ZeroHedge - Apr 14th 2020 8:25pm EDT

    Second Wave Of Coronavirus Layoffs Claiming Workers Who Thought They Were Safe When the United States went into a virtual lockdown to slow the spread of the coronavirus pandemic, the effects were devastating. Within a three week period, nearly 17 million people have filed for unemployment, while modern day ‘bread lines’ are getting longer each […]

  • NY Fed Head Trader: “The Scale Of Our Asset Purchases Has Been Unparalleled”

    ZeroHedge - Apr 14th 2020 8:05pm EDT

    NY Fed Head Trader: “The Scale Of Our Asset Purchases Has Been Unparalleled” In remarks delivered before the Foreign Exchange Committee of the NY Fed, Lorie Logan, who is the head of the Fed’s open markets, i.e., the head trader of the world’s biggest hedge fund, commented on the Fed’s unprecedented intervention, and takeover, of […]

  • New Study Exposes More Evidence That Summer Won’t Stop The Coronavirus

    ZeroHedge - Apr 14th 2020 7:45pm EDT

    New Study Exposes More Evidence That Summer Won’t Stop The Coronavirus One of the public’s last great hopes as the number of confirmed coronavirus cases nears the 2 million mark is that the onset of summer in the northern hemisphere will help defeat the virus as warmer temperatures make life for the virus more hostile, […]

  • Gold Miners Now Deemed “Essential” In Canada

    ZeroHedge - Apr 14th 2020 7:25pm EDT

    Gold Miners Now Deemed “Essential” In Canada Authored by Neils Christensen via Kitco.com, Mining companies with operations in Quebec are wasting no time jumping back into action after the provincial government announced Monday night that mining is now considered an essential service and operations can restart Wednesday. While miners in Quebec will be heading back […]

  • White House Leaks Draft Plan To Reopen American Economy

    ZeroHedge - Apr 14th 2020 7:12pm EDT

    White House Leaks Draft Plan To Reopen American Economy As President Trump declared that he would leave the process of reopening the economy up to the states (with input from federal officials, of course), the Washington Post was releasing a ‘leaked’ report outlining a plan drafted by CDC and FDA that’s essentially a guide for […]

  • “I Am Essential… I Talk To God!”: Virginia Pastor Who Defied Lockdown Order Has Died From COVID-19

    ZeroHedge - Apr 14th 2020 6:45pm EDT

    “I Am Essential… I Talk To God!”: Virginia Pastor Who Defied Lockdown Order Has Died From COVID-19 Authored by Isabel van Brugen via The Epoch Times, A Virginia evangelical pastor has died after contracting the CCP virus, weeks after holding a packed service in his Richmond church. Bishop Gerald O. Glenn, 66, founder and pastor of the […]

  • President Trump Halts US Funding Of World Health Organization

    ZeroHedge - Apr 14th 2020 6:29pm EDT

    President Trump Halts US Funding Of World Health Organization Just as he threatened last week,  and was threatened back with “body bags,” President Trump tonight confirmed he will halt US funding for The World Health Organization, while US reviews virus warnings regarding China. “The WHO failed in its basic duty and must be held accountable,” […]

  • After Buying The HY Bond Dip, Howard Marks Slams The Fed’s “Eradication Of Market’s Healthy Fear Of Loss”

    ZeroHedge - Apr 14th 2020 6:25pm EDT

    After Buying The HY Bond Dip, Howard Marks Slams The Fed’s “Eradication Of Market’s Healthy Fear Of Loss” A week ago, CNBC and its cohorts in the asset-pimping business crowed loudly that billionaire hedge fund manager Howard Marks had turned bullish. Entire segments were devoted to his comment that “the risks in the environment are […]

  • Meanwhile, WW3 May Be Brewing While We’re Distracted

    ZeroHedge - Apr 14th 2020 6:05pm EDT

    Meanwhile, WW3 May Be Brewing While We’re Distracted Authored by Brandon Tourbeville via The Organic Prepper blog, Those who are paying close attention to the pandemic may have missed that another potential killer is brewing across the ocean. In Syria today, there is the real and looming threat of a third world war. Not only […]

  • 80% Of Americans Will Wait To Resume Normal Activities After COVID-19 Restrictions Lifted

    ZeroHedge - Apr 14th 2020 5:45pm EDT

    80% Of Americans Will Wait To Resume Normal Activities After COVID-19 Restrictions Lifted As the debate rages over when to reopen the country amid the coronavirus pandemic, over 80% of Americans say they would wait to return to normal activities after the government lifts nationwide restrictions designed to slow the spread of the virus, according […]

  • The Road To Perdition Is Paved With Evil Intentions, Part 2: A Final Reckoning

    ZeroHedge - Apr 14th 2020 5:25pm EDT

    The Road To Perdition Is Paved With Evil Intentions, Part 2: A Final Reckoning Authored by Jim Quinn via The Burning Platform, In Part 1 of this article I pointed out how we have allowed ourselves to be cowed by authoritarian “experts” who have proven to be nothing but incompetent and wrong every step of the way, […]

  • US Airlines, Treasury Department Reach Deal For Billions In Bailout Aid

    ZeroHedge - Apr 14th 2020 5:09pm EDT

    US Airlines, Treasury Department Reach Deal For Billions In Bailout Aid After weeks of negotiations over the shape of the Treasury’s bailout package of US airline carriers, moments ago the Treasury Department announced it had reached an agreement in principle with the country’s airline to access billions of dollars in aid as the government attempts […]

  • Meet The “Fed Fighters”: Junk Bond ETF Shorts Hit An All Time High Despite Fed Backstop

    ZeroHedge - Apr 14th 2020 5:05pm EDT

    Meet The “Fed Fighters”: Junk Bond ETF Shorts Hit An All Time High Despite Fed Backstop Three week ago we showed the dramatic crushing of shorts in the investment grade bond ETF, the LQD, where shorts initially soared higher in the first half of March as credit prices tumbled, then plummeted to all time lows […]

  • Watch Live: White House Delivers Tuesday Coronavirus Briefing

    ZeroHedge - Apr 14th 2020 4:55pm EDT

    Watch Live: White House Delivers Tuesday Coronavirus Briefing Here we go again… After last night’s 2-and-a-half hour battle with the press, the White House coronavirus task force will gather again Tuesday to deliver its latest daily ‘update’. Watch live below: Tyler Durden Tue, 04/14/2020 – 16:55

  • What Happens When The Pandemic Ends?

    ZeroHedge - Apr 14th 2020 4:45pm EDT

    What Happens When The Pandemic Ends? Authored by John Rubino via DollarCollapse.com, Let’s assume that by the end of this year a combination of social distancing and some new and effective treatments convert covid-19 from existential threat to chronic nuisance and the economy starts to assume an air of normalcy. Which is to say that […]

  • A Letter To The Inhabitants Of The Future Dystopia Whose Birth Pangs We’re Experiencing

    ZeroHedge - Apr 14th 2020 4:20pm EDT

    A Letter To The Inhabitants Of The Future Dystopia Whose Birth Pangs We’re Experiencing Authored by James Corbett via minds.com, “The lamps are going out all over Europe, we shall not see them lit again in our life-time.” – WWI conspirator Edward Grey I do not write these words for my contemporaries. We are the damned. […]

  • Gold Jumps, Crude Dumps As Nasdaq Squeezes To Best Run In 5 Months

    ZeroHedge - Apr 14th 2020 4:00pm EDT

    Gold Jumps, Crude Dumps As Nasdaq Squeezes To Best Run In 5 Months The only thing driving stock markets right now… Markets right now: pic.twitter.com/uj8Bpj3fMd — Masa Capital (@MasaSonCap) April 13, 2020 Because fun-durr-mentals aren’t… Top-down macro… Source: Bloomberg Bottom-up micro… Source: Bloomberg …and neither is virus optimism? Source: Bloomberg And, as Steve Liesman noted: […]