• China Obstructs Hunt For COVID-19 Cure By Canceling “Promising” Gilead Study

    ZeroHedge - Apr 13th 2020 11:01am EDT

    China Obstructs Hunt For COVID-19 Cure By Canceling “Promising” Gilead Study As China continues its push to conceal and crack down on coronavirus-related research happening inside its borders, Gilead’s CEO reported over the weekend that Beijing had shut down a branch of its closely watched global remdesivir that was studying patients in ‘severe’ condition in […]

  • One River Asset Management: Without The Fed And Treasury Bailouts, Stocks Would Be Down 50-80%

    ZeroHedge - Apr 13th 2020 10:47am EDT

    One River Asset Management: Without The Fed And Treasury Bailouts, Stocks Would Be Down 50-80% Authored by Eric Peters, CIO of One River Asset Management Tales of Survival (as excerpted from the author’s note) The United States is a business, run by corporate CEOs, who own the politicians. America is many other things as well, […]

  • Dow Dumps 800 Points From Sunday Open – Erases Fed “All-In” Spike

    ZeroHedge - Apr 13th 2020 10:27am EDT

    Dow Dumps 800 Points From Sunday Open – Erases Fed “All-In” Spike All the gains from The Fed going “all in” on Thursday have been erased… Nasdaq and S&P are holding very modest gains for now… Time for The Fed to “surprise” the market again… this time buying stocks?   Tyler Durden Mon, 04/13/2020 – […]

  • Chinese Embassy Blasts “Hasty, Reckless” Western Claims That Virus Originated In Wuhan

    ZeroHedge - Apr 13th 2020 10:25am EDT

    Chinese Embassy Blasts “Hasty, Reckless” Western Claims That Virus Originated In Wuhan In a simply stunning piece of propaganda following a weekend of extremely high level officials across the world’s (non-Chinese-rotation) nation, the Chinese Embassy in the UK has unleashed a statement of pure farce proclaiming there is no evidence that the virus originated in […]

  • Trader: “Let’s Truly Hope This Isn’t As Good As It Gets”

    ZeroHedge - Apr 13th 2020 10:10am EDT

    Trader: “Let’s Truly Hope This Isn’t As Good As It Gets” Authored by Richard Breslow via Bloomberg, Today shouldn’t count. We are coming off a long weekend, but with little joy to show for the extra rest and holiday. With a lot of the world taking an extra day off there hasn’t been much interest […]

  • Amazon Pauses Grocery Orders Amid “Unprecedented Demand”

    ZeroHedge - Apr 13th 2020 9:35am EDT

    Amazon Pauses Grocery Orders Amid “Unprecedented Demand” Amazon has paused new grocery orders and decreased store hours at Whole Foods as it struggles to handle the “unprecedented demand” from Americans stuck in quarantine, a blog post from the company read.  Shoppers over the weekend noticed that they had difficulty ordering groceries online due to the lack […]

  • Fauci Admits US Was “Given Incorrect Information From The Start”

    ZeroHedge - Apr 13th 2020 9:15am EDT

    Fauci Admits US Was “Given Incorrect Information From The Start” Authored by Alex Nitzberg via JustTheNews.com, The U.S. was given inaccurate information about the coronavirus at the beginning of the crisis Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci said on Saturday. When Fox News host Jesse Watters asked Fauci if he […]

  • Goldman Calls The Bottom, No Longer Sees S&P Dropping To 2,000 On “Unprecedented Policy Support”

    ZeroHedge - Apr 13th 2020 8:58am EDT

    Goldman Calls The Bottom, No Longer Sees S&P Dropping To 2,000 On “Unprecedented Policy Support” One week ago, around the time Jeffrey Gundlach said he was covering his shorts and looking for stocks to rebound, Wall Street’s formerly biggest bear, Morgan Stanley equity strategist Michael Wilson, flipped a U-turn and surprised many of his peers […]

  • New CDC Study Shows Coronavirus Can Survive For Hours On Floors, Walls, Shoes

    ZeroHedge - Apr 13th 2020 8:41am EDT

    New CDC Study Shows Coronavirus Can Survive For Hours On Floors, Walls, Shoes A preview of a new study by the US Centers for Disease Control and Prevention – the CDC, for short – released last night offers some distressing news for health-care workers, as well as their families, partners and friends: New research suggests […]

  • Watch: Former FDA Head Says China’s Lies Over COVID-19 Should Be Investigated

    ZeroHedge - Apr 13th 2020 8:20am EDT

    Watch: Former FDA Head Says China’s Lies Over COVID-19 Should Be Investigated Authored by Steve Watson via Summit News, The former head of the FDA declared Sunday that China’s misinformation over the spread of the coronavirus needs to be investigated, while also noting that the World Heath Organisation validated Chinese lies in January, which ultimately […]

  • Futures Slide With Dismal Earnings On Deck

    ZeroHedge - Apr 13th 2020 8:08am EDT

    Futures Slide With Dismal Earnings On Deck S&P index futures declined as much as 1% on Monday along with Asia stocks (Europe was still closed for Easter) after a torrid 27% rally last week, with investors bracing for what will be the worst earnings season since the financial crisis. Even if EPS do not drop […]

  • China, Russia See Distressing Jump In New Cases As Outbreak Slows In Europe, US: Live Updates

    ZeroHedge - Apr 13th 2020 7:17am EDT

    China, Russia See Distressing Jump In New Cases As Outbreak Slows In Europe, US: Live Updates After reporting another promising slowdown in the rate of COVID-19-linked deaths yesterday, Spain reported only 517 deaths on Sunday, the lowest number since the country’s lockdown began. Now, with much of Western Europe observing a holiday on Monday, the […]

  • May Marks A “Make It Or Break It” Month For US Auto Suppliers

    ZeroHedge - Apr 13th 2020 6:30am EDT

    May Marks A “Make It Or Break It” Month For US Auto Suppliers As we have highlighted over the past month, the U.S. auto industry is at a standstill as a result of the coronavirus pandemic and ensuing global lockdowns. With the industry shut down, it is becoming a race against time for many auto […]

  • Escobar: Total System Failure Will Give Rise To New Economy

    ZeroHedge - Apr 13th 2020 6:00am EDT

    Escobar: Total System Failure Will Give Rise To New Economy Authored by Pepe Escobar via The Saker blog, COVID-19 driven collapse of global supply chains, demand and mobility will painfully spawn next great tech-led economic models Is the world on a collision course with the financial and economic equivalent of a meteor impact with shock […]

  • Watch: Army Helicopter Used To Disperse Youth Soccer Game Amid Virus Lockdown

    ZeroHedge - Apr 13th 2020 5:15am EDT

    Watch: Army Helicopter Used To Disperse Youth Soccer Game Amid Virus Lockdown It appears the government of the tiny north African country of Tunisia thinks there is a competition on for the most absurd overreaction to citizens ignoring and defying national ‘stay at home’ orders.  In late March, Tunisia made headlines by deploying a “robocop” to […]

  • Is This The [New] Greatest Generation?

    ZeroHedge - Apr 13th 2020 4:30am EDT

    Is This The [New] Greatest Generation? Authored by Jonathan Turley, After years of being maligned, millennials and Gen Z members are stepping forward in a way that creates their own “greatest” generational story. This is not an easy Passover and Easter for the people celebrating those holidays in the midst of a pandemic. My family […]

  • Ebola Reappears In Central Africa At Very Moment Last Outbreak Declared ‘Over’

    ZeroHedge - Apr 13th 2020 3:45am EDT

    Ebola Reappears In Central Africa At Very Moment Last Outbreak Declared ‘Over’ The World Health Organization (WHO) said on Sunday it’s closely monitoring the potential reemergence of Ebola in central Africa, after two Ebola deaths were recorded there within just a matter of days.  Health officials thought they had witnessed the end of the second-deadliest outbreak […]

  • Unmasked: NATO’s Dog-Eat-Dog Pandemic Reaction

    ZeroHedge - Apr 13th 2020 3:00am EDT

    Unmasked: NATO’s Dog-Eat-Dog Pandemic Reaction Authored by Finian Cunningham via The Strategic Culture Foundation, Despite its charter proclaiming mutual defense and security, the NATO military alliance is showing a rather unbecoming dog-eat-dog individualistic reaction in coping with the coronavirus pandemic. The United States, the top dog in the 30-member pack of nations, is accused of […]

  • COVID-19 Shutdown: The End Of Globalization And Planned Obsolescence – Enter Multipolarity

    ZeroHedge - Apr 12th 2020 11:50pm EDT

    COVID-19 Shutdown: The End Of Globalization And Planned Obsolescence – Enter Multipolarity Authored by Joaquin Flores via The Strategic Culture Foundation, The coronavirus pandemic has shown that the twin processes of globalization and planned obsolescence are deficient and moribund. Globalization was predicated on a number of assumptions including the perpetuity of consumerism, and the withering […]

  • JPMorgan Scrambles To Raise Mortgage Borrowing Standards Ahead Of “Biggest Wave Of Defaults In History”

    ZeroHedge - Apr 12th 2020 11:25pm EDT

    JPMorgan Scrambles To Raise Mortgage Borrowing Standards Ahead Of “Biggest Wave Of Defaults In History” Earlier this week when we reported that JPMorgan has quietly halted all non-Paycheck Protection Program based loan issuance for the foreseeable future, we said that we didn’t buy the stated reason namely – the bank was drowning in (government-backstopped) applications […]

  • Robert F Kennedy Jr. Exposes Bill Gates’ Vaccine Agenda In Scathing Report

    ZeroHedge - Apr 12th 2020 11:00pm EDT

    Robert F Kennedy Jr. Exposes Bill Gates’ Vaccine Agenda In Scathing Report Authored by Robert F. Kennedy Jr., Chairman, Children’s Health Defense, Vaccines, for Bill Gates, are a strategic philanthropy that feed his many vaccine-related businesses (including Microsoft’s ambition to control a global vaccination ID enterprise) and give him dictatorial control of global health policy. Gates’ obsession […]

  • Worker Visas For Hydroxychloroquine: India Demands Quid Pro Quo To Export Tump’s ‘Miracle’ Drug

    ZeroHedge - Apr 12th 2020 10:35pm EDT

    Worker Visas For Hydroxychloroquine: India Demands Quid Pro Quo To Export Tump’s ‘Miracle’ Drug One of India’s leading newspapers has reported that President Trump’s much-touted ‘miracle’ coronavirus drug cocktail hydroxychloroquine, which is produced in large amounts in India, is being used by Prime Minister Narendra Modi to negotiate Indian workers’ continued ability to access employment in the […]

  • One Bank Explains Why No V-Shaped Recovery Is Coming, And Why The Fed Will Nationalize Everything

    ZeroHedge - Apr 12th 2020 10:14pm EDT

    One Bank Explains Why No V-Shaped Recovery Is Coming, And Why The Fed Will Nationalize Everything In the past three weeks stocks have staged a substantial rebound from their March 24 lows, in big part thanks to an unprecedented barrage of Fed-driven bailouts, backstops, and asset purchases which at last count amount to over $5 […]

  • Observations Of An Anonymous UPS Driver: “Customers I’ve Seen Since The ‘Rona’…”

    ZeroHedge - Apr 12th 2020 10:10pm EDT

    Observations Of An Anonymous UPS Driver: “Customers I’ve Seen Since The ‘Rona’…” Authored by Daisy Luther via The Organic Prepper blog, The other day, I shared something funny on social media. A little bit of humor is good for us, even (and especially) in times like this. If anyone knows who originally wrote this, please […]

  • Timing The “Crossover Point”: The Fed Will Soon Monetize The Entire Fiscal Stimulus Package… What Happens Then

    ZeroHedge - Apr 12th 2020 9:45pm EDT

    Timing The “Crossover Point”: The Fed Will Soon Monetize The Entire Fiscal Stimulus Package… What Happens Then As we noted late last week, the Fed’s money printer has been going brrrr in overtime, and in the past month alone, Powell & Co. has purchased nearly $2 trillion in Treasury and MBS securities, far more than […]