News From ZeroHedge, Page 2839

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  • Hong-Kong Flagged Tanker Attacked & Briefly Held By Iranian Commandos

    ZeroHedge - Apr 14th 2020 2:55pm EDT

    Hong-Kong Flagged Tanker Attacked & Briefly Held By Iranian Commandos The global shipping news and tracking site Trade Winds reports that a Hong Kong-flagged tanker has been boarded by armed men in the Strait of Hormuz, and subsequently taken into Iranian waters. Details are sketchy at this point, but Reuters has also confirmed an event […]

  • NORAD Orders Release Of Photos Showing US Troops In Action Against COVID-19 ‘To Reassure The Public’

    ZeroHedge - Apr 14th 2020 2:40pm EDT

    NORAD Orders Release Of Photos Showing US Troops In Action Against COVID-19 ‘To Reassure The Public’ North American Aerospace Defense Command (NORAD) is leading Pentagon efforts to turn the fight against the coronavirus into a US military PR campaign, apparently, given it’s issued an order for Pentagon public affairs as well as the Canadian Army […]

  • Amazon Fires Three More Employees For Criticizing Working Conditions

    ZeroHedge - Apr 14th 2020 2:25pm EDT

    Amazon Fires Three More Employees For Criticizing Working Conditions Amazon has fired three employees that publicly criticized working conditions at the company for violations of company policy. The company confirmed that it had fired Emily Cunningham, Bashir Mohamed and Maren Costa after several of the employees took to Twitter to voice concerns about how employees were […]

  • Investing Is Dead: World’s Largest Asset Manager Says “We’ll Just Buy Whatever Central Banks Are Buying”

    ZeroHedge - Apr 14th 2020 2:10pm EDT

    Investing Is Dead: World’s Largest Asset Manager Says “We’ll Just Buy Whatever Central Banks Are Buying” Now that moral hazard has, as Rabobank put it, “carved central planning into the bedrock of the US financial system”, and moral hazard is not just universally accepted but widely expected component of the investing process, it probably also […]

  • Dr. Fauci Says Reopening Economy By May “A Bit Overly Optimistic”, Contradicting Trump Again

    ZeroHedge - Apr 14th 2020 1:55pm EDT

    Dr. Fauci Says Reopening Economy By May “A Bit Overly Optimistic”, Contradicting Trump Again In what appears to be the second time in as many days that Dr. Anthony Fauci has contradicted the president in a media interview, the good doctor reportedly told the Associated Press that he felt May 1, President Trump’s latest ‘target […]

  • Sen. Hawley Announces Bill To Strip China Of Sovereign Immunity; Would Allow Private Lawsuits Over COVID-19

    ZeroHedge - Apr 14th 2020 1:40pm EDT

    Sen. Hawley Announces Bill To Strip China Of Sovereign Immunity; Would Allow Private Lawsuits Over COVID-19 Sen. Josh Hawley (R-MO) is introducing a bill which would “hold the Chinese Communist Party (CCP) responsible for causing the COVID-19 global pandemic,” Hawley announced on Tuesday. The Justice for Victims of COVID-19 Act would strip China of its […]

  • BTFD? The Reward Doesn’t Justify The Risk

    ZeroHedge - Apr 14th 2020 1:25pm EDT

    BTFD? The Reward Doesn’t Justify The Risk Authored by Lance Roberts via RealInvestmentAdvice.com, In this past weekend’s missive, I discussed the market’s completion of the 50% retracement. To wit: “From a purely technical basis, the extreme downside extension, and potential selling exhaustion, has set the markets up for a fairly strong reflexive bounce.  Such an […]

  • CIA Secretly Told Staff COVID-19 Drug Touted By Trump Might Cause “Sudden Death”

    ZeroHedge - Apr 14th 2020 1:10pm EDT

    CIA Secretly Told Staff COVID-19 Drug Touted By Trump Might Cause “Sudden Death” President Trump’s “game changer” drug he’s frequently been advancing in the fight against coronavirus, hydroxychloroquine, has been met with mixed reactions among health professionals and even within his own administration – not the least of which is Dr. Fauci’s own changing and at times contradictory statements […]

  • Rabobank: “The Fed Just Carved Central Planning Into The Bedrock Of The US Financial System”

    ZeroHedge - Apr 14th 2020 12:55pm EDT

    Rabobank: “The Fed Just Carved Central Planning Into The Bedrock Of The US Financial System” Submitted by Michael Every of Rabobank Not enough. NOT enough. NOT ENOUGH So much – and not enough: of things to cover and space to write it in – among others. Let’s recall that we return from the long Easter […]

  • Air Force Deploys First Laser Weapon System Overseas

    ZeroHedge - Apr 14th 2020 12:41pm EDT

    Air Force Deploys First Laser Weapon System Overseas The Air Force Research Laboratory (AFRL) has deployed the first high-energy laser weapon system overseas to combat drones for a 12-month field assessment. During the field assessment, ARFL will evaluate if the directed energy weapon system can be a game-changing capability to defend high-value assets from drone swarms or […]

  • Ron Paul Fears A ‘Healthcare’ PATRIOT Act

    ZeroHedge - Apr 14th 2020 12:26pm EDT

    Ron Paul Fears A ‘Healthcare’ PATRIOT Act Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to a story in Politico, the White House Coronavirus Task Force is considering creating a national surveillance system to track Americans’ health information. Supporters of this initiative claim it would enable the federal government […]

  • North Korea Fires Barrage Of Suspected Cruise Missiles In “Major Show Of Force”

    ZeroHedge - Apr 14th 2020 12:10pm EDT

    North Korea Fires Barrage Of Suspected Cruise Missiles In “Major Show Of Force” On Tuesday North Korea fired multiple suspected cruise missiles from both the ground and air off the country’s east coast, South Korea’s military said. The missiles flew for over 93 miles (150km) at a low altitude according to South Korea’s Joint Chiefs of Staff said, […]

  • Boeing Tumbles After Customers Cancel Record 150 MAX Airplane Orders In March

    ZeroHedge - Apr 14th 2020 11:35am EDT

    Boeing Tumbles After Customers Cancel Record 150 MAX Airplane Orders In March In case stocks needed another reason to soar higher with 20% unemployment, 30% mortgage defaults, GDP about to print at -40%, cratering corporate profits, JPMorgan profit crashing 69% with Jamie Dimon warning of a “severe recession”, Boeing delivered moments ago when the company […]

  • Hedge Fund Managers Quietly Apply For Bailouts As Small Businesses

    ZeroHedge - Apr 14th 2020 11:20am EDT

    Hedge Fund Managers Quietly Apply For Bailouts As Small Businesses Several hedge funds have attempted to tap into the $349 billion Paycheck Protection Program included in the historic $2 trillion US stimulus package designed to keep small businesses afloat during the coronoavirus pandemic, according to Bloomberg. Managed by the Small Business Administration, the PPP was […]

  • Fund Manager Survey, The “Apocalypse” Edition: Record High Pessimism And Cash Levels, Record Low Liquidity And Equity Allocations

    ZeroHedge - Apr 14th 2020 11:05am EDT

    Fund Manager Survey, The “Apocalypse” Edition: Record High Pessimism And Cash Levels, Record Low Liquidity And Equity Allocations The latest, “coronavirus” edition of BofA’s Fund Manager Survey which polled 183 participants with $545bn AUM between April 1 and 7, found widespread fear and pessimism with most expecting a recession, a surge in cash (to levels […]

  • 21 New York City Teachers & Over 50 Total School Staff Have Died Of COVID-19

    ZeroHedge - Apr 14th 2020 11:00am EDT

    21 New York City Teachers & Over 50 Total School Staff Have Died Of COVID-19 As NYC’s total Covid-19 cases skyrocket past 105,000 – the The New York City Department of Education (DOE) has released an alarming figure, saying that over 50 of its school employees have died in connection to coronavirus. This includes 21 teachers, according […]

  • CNN’s Cuomo Melts-Down Live On Radio, Admits His Job Is “Trafficking In The Ridiculous”

    ZeroHedge - Apr 14th 2020 10:45am EDT

    CNN’s Cuomo Melts-Down Live On Radio, Admits His Job Is “Trafficking In The Ridiculous” Authored by Steve Watson via Summit News, CNN anchor Chris Cuomo made a startling confession Monday, declaring that he doesn’t value his job and that CNN is “trafficking in things that I think are ridiculous.” In a Howard Beale-esq moment, Cuomo […]

  • $130 Billion Tesla Tells Its Landlords It’ll Be Paying Less Rent

    ZeroHedge - Apr 14th 2020 10:30am EDT

    $130 Billion Tesla Tells Its Landlords It’ll Be Paying Less Rent While some companies may be wasting time asking for rent concessions as a result of the coronavirus lockdown, Tesla, which is now valued at about $130 billion as of Tuesday morning’s trading, is telling its landlords its going to be paying less in rent. The […]

  • What Price Victory… In The COVID-19 War?

    ZeroHedge - Apr 14th 2020 10:16am EDT

    What Price Victory… In The COVID-19 War? Authored by Patrick Buchanan via Buchanan.org, The same day the number of U.S. dead from the coronavirus disease hit the 15,000 mark, we also crossed the 15 million mark on the number of Americans we threw out of work to slow its spread and “bend the curve.” For […]

  • Nasdaq Surges Back Above Key Technical Levels

    ZeroHedge - Apr 14th 2020 10:04am EDT

    Nasdaq Surges Back Above Key Technical Levels For the first time since early March, Nasdaq has scrambled back above key technical levels as Dow futures test Sunday night opening highs… Nasdaq Composite is back above its 50- and 200-day moving-averages… Dow futures are soaring… Will the machines extend or bend here? Tyler Durden Tue, 04/14/2020 […]

  • Obama Expected To Endorse Biden Later Today

    ZeroHedge - Apr 14th 2020 9:59am EDT

    Obama Expected To Endorse Biden Later Today After staying on the sidelines for the entire primary, President Barack Obama will officially endorse his former VP, longtime purported friend and now finally the presumptive Democratic nominee Joe Biden in the race for president. Late last week in a piece entitled “Barack Obama Wins The Democratic Primary”, […]

  • US State Department Cables Warned Of Potential ‘SARS-Like Pandemic’ After Visiting Wuhan Lab Experimenting With Bat Coronavirus

    ZeroHedge - Apr 14th 2020 9:50am EDT

    US State Department Cables Warned Of Potential ‘SARS-Like Pandemic’ After Visiting Wuhan Lab Experimenting With Bat Coronavirus The US State Department received two cables from US Embassy officials in 2018 warning of inadequate safety at a Wuhan, China biolab conducting ‘risky studies’ on bat coronaviruses, according to the Washington Post, which notes that the cables […]

  • “I’m No Epidemiologist, But…”

    ZeroHedge - Apr 14th 2020 9:35am EDT

    “I’m No Epidemiologist, But…” Authored by Richard Breslow via Bloomberg, One thing you hear a lot of is, “I’m no epidemiologist, but…” The stock market will make new lows. The bottom is in. If we get a second round of infections, earnings will continue to be hurt and valuations are too high. If we come […]

  • Cruise Lines Say Bookings For 2021 Up 40% Despite Terrifying Series Of On-Board Outbreaks

    ZeroHedge - Apr 14th 2020 9:20am EDT

    Cruise Lines Say Bookings For 2021 Up 40% Despite Terrifying Series Of On-Board Outbreaks Millions of Americans are terrified that the first pandemic in 100 years will mark a dramatic turning point in social interaction that might cause disruptive new changes in many aspects of society and the global economy. What they seem to be […]

  • “Get Pragmatic” – Bill Blain Warns Of “Seriously Dark Dystopian” Future

    ZeroHedge - Apr 14th 2020 9:05am EDT

    “Get Pragmatic” – Bill Blain Warns Of “Seriously Dark Dystopian” Future Authored by Bill Blain via MorningPorridge.com, “If you try to take a cat apart to see how it works, the first thing you will have is a non-working cat.” On Thursday I posted a note on the Fed doing exactly what I predicted – […]