• Did The Market Just Realize No Help Is Coming?

    ZeroHedge - Sep 22nd 2020 10:35am EDT

    Did The Market Just Realize No Help Is Coming? Tyler Durden Tue, 09/22/2020 – 10:35 Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, we asked the question: “Is everything ‘priced in?’” On Monday, the market realized no help is coming as the political backdrop worsened markedly. However, we need to back up a little bit to discuss […]

  • Watch Live: Powell & Mnuchin Face ‘Mad’ Maxine In Congressional Testimony

    ZeroHedge - Sep 22nd 2020 10:25am EDT

    Watch Live: Powell & Mnuchin Face ‘Mad’ Maxine In Congressional Testimony Tyler Durden Tue, 09/22/2020 – 10:25 Secretary of Treasury Steve Mnuchin joins Fed Chair Jay Powell to testify to Maxine Waters and her House Committee on Financial Services this morning. We suspect, if recent history is any guide, the focus will be on how […]

  • Kyle Bass Warns Beijing Could Manipulate TikTok To ‘Brainwash’ Millennials If Trump Doesn’t Shut It Down

    ZeroHedge - Sep 22nd 2020 10:15am EDT

    Kyle Bass Warns Beijing Could Manipulate TikTok To ‘Brainwash’ Millennials If Trump Doesn’t Shut It Down Tyler Durden Tue, 09/22/2020 – 10:15 Kyle Bass prefers the term “China realist” to “China hawk”, but the inveterate China critic, who last year bet against the Hong Kong dollar’s peg to the greenback, appeared on CNBC Tuesday morning […]

  • US Existing Home Sales Jump To Highest Since 2006 As Million-Dollar-Plus Sales Explode

    ZeroHedge - Sep 22nd 2020 10:09am EDT

    US Existing Home Sales Jump To Highest Since 2006 As Million-Dollar-Plus Sales Explode Tyler Durden Tue, 09/22/2020 – 10:09 While the rebound in existing home sales is expected to slow (from the massive beat: +24.7% MoM surge in July), analysts still expected SAAR to extend its gains to the highest since 2006… and it did. […]

  • Romney Agrees To Back Trump On Supreme Court Pick; McConnell Now Has Votes To Replace RBG

    ZeroHedge - Sep 22nd 2020 10:02am EDT

    Romney Agrees To Back Trump On Supreme Court Pick; McConnell Now Has Votes To Replace RBG Tyler Durden Tue, 09/22/2020 – 10:02 Utah Senator Mitt Romney (R) announced on Tuesday that he would support a floor vote on President Trump’s Supreme Court pick – giving Majority Leader Mitch McConnell (R-KY) a 53-seat majority and the […]

  • Did Nikola’s Trevor Milton Resign Due To #MeToo Claims?

    ZeroHedge - Sep 22nd 2020 9:50am EDT

    Did Nikola’s Trevor Milton Resign Due To #MeToo Claims? Tyler Durden Tue, 09/22/2020 – 09:50 The resignation of Nikola founder Trevor Milton came as a shock to many on Wall Street when it first broke around midnight on Sunday. Sell side analysts were admittedly “shocked” by the move, though it didn’t stop many of them […]

  • “This Kind Of Thing Is Enough To Make One Go To The Pub. Oh, We Can’t: It’s Past 10pm…”

    ZeroHedge - Sep 22nd 2020 9:35am EDT

    “This Kind Of Thing Is Enough To Make One Go To The Pub. Oh, We Can’t: It’s Past 10pm…” Tyler Durden Tue, 09/22/2020 – 09:35 By Michael Every of Rabobank Stocks went down yesterday, which is generally considered to be a very, very bad thing that needs some serious “Don’t worry, this won’t last” headlines […]

  • Millionaire Tax Coming To New York Next?

    ZeroHedge - Sep 22nd 2020 9:22am EDT

    Millionaire Tax Coming To New York Next? Tyler Durden Tue, 09/22/2020 – 09:22 Last Thursday, after a grueling three year crusade to make life for taxpayers in the second-lowest rated US state even more unbearable… … New Jersey finally passed a tax on millionaires fulfilling a long-running dream of governor Phil Murphy and Democratic leaders. […]

  • The King Of Hype – A Pinch Of Salt & Battery Day

    ZeroHedge - Sep 22nd 2020 9:00am EDT

    The King Of Hype – A Pinch Of Salt & Battery Day Tyler Durden Tue, 09/22/2020 – 09:00 Authored by Bill Blain via MorningPorridge.com, October is always a good month for a market crash, but usually on the back of insane market exuberance. This year, flatlining markets feel pretty joyless already, thus I suspect even […]

  • Tropical Storm Beta Makes Landfall Over Texas; Hurricane Teddy Eyes Nova Scotia

    ZeroHedge - Sep 22nd 2020 8:45am EDT

    Tropical Storm Beta Makes Landfall Over Texas; Hurricane Teddy Eyes Nova Scotia Tyler Durden Tue, 09/22/2020 – 08:45 The National Hurricane Center (NHC) is monitoring three tropical systems in the Atlantic Basin on Tuesday.  The first system is Tropical Storm Beta, which made landfall just north of Port O’Connor, Texas, on Monday night. By Early Tuesday, Beta was […]

  • Nano-X Shares Plunge After Muddy Waters Says Company Has “No Product To Sell Other Than Its Stock”

    ZeroHedge - Sep 22nd 2020 8:28am EDT

    Nano-X Shares Plunge After Muddy Waters Says Company Has “No Product To Sell Other Than Its Stock” Tyler Durden Tue, 09/22/2020 – 08:28 Nano-X shares are plunging this morning after well known short seller Muddy Waters Research has published a new report comparing it to Nikola on numerous occasions (this year’s short reference du jour, we […]

  • Peloton Shares Slide As Amazon Announces “Prime Bike” 

    ZeroHedge - Sep 22nd 2020 8:11am EDT

    Peloton Shares Slide As Amazon Announces “Prime Bike”  Tyler Durden Tue, 09/22/2020 – 08:11 Peloton shares slid 2% premarket Tuesday after NBC News reported that Peloton competitor Echelon has teamed up with Amazon to launch an affordable smart bike, called Echelon Smart Connect Fitness Bikes EX-PRIME, or simply the Prime Bike.  “The Prime Bike was developed in collaboration with Amazon, […]

  • Futures Rebound As Tech Gains; Powell, Mnuchin To Speak In Congress

    ZeroHedge - Sep 22nd 2020 8:01am EDT

    Futures Rebound As Tech Gains; Powell, Mnuchin To Speak In Congress Tyler Durden Tue, 09/22/2020 – 08:01 US equity futures bounced on Tuesday alongside European shares, with beaten-down shares of technology-related companies leading early gains, while Dow futures were subdued on uncertainty over more U.S. fiscal stimulus; Treasurys were flat and the dollar dropped before […]

  • BoJo Unveils New National COVID-19 Restrictions As Cases Surge, Warns They Could Last For Up To 6 Months

    ZeroHedge - Sep 22nd 2020 7:56am EDT

    BoJo Unveils New National COVID-19 Restrictions As Cases Surge, Warns They Could Last For Up To 6 Months Tyler Durden Tue, 09/22/2020 – 07:56 Update (0805ET): With Spain also bringing in the army to reinforce new quarantine restrictions, it appears the new measures unveiled by BoJo – which he warned could last for up to […]

  • US Suffers Most New COVID-19 Cases In 5 Weeks As Doctors Warn Of “Apocalyptic” Fall: Live Updates

    ZeroHedge - Sep 22nd 2020 7:20am EDT

    US Suffers Most New COVID-19 Cases In 5 Weeks As Doctors Warn Of “Apocalyptic” Fall: Live Updates Tyler Durden Tue, 09/22/2020 – 07:20 Summary: US deaths just below 200k US reports 52k+ new cases, most in 5 weeks Colleges become ‘breeding grounds’ for outbreaks Munich mandates outdoor facemasks Britons await Johnson’s announcement on new measures […]

  • Facebook Will Restrict Certain Users If US Election Gets “Extremely Chaotic Or Violent”

    ZeroHedge - Sep 22nd 2020 6:22am EDT

    Facebook Will Restrict Certain Users If US Election Gets “Extremely Chaotic Or Violent” Tyler Durden Tue, 09/22/2020 – 06:22 Earlier this week, Facebook gave us a welcome break from the virtue-signaling by threatened to pull its business from Europe should courts uphold an EU-wide ban on transfering European user data to US-based servers (something Washington […]

  • Lies, Damned Lies, & UK Health Statistics: The Deadly Danger Of False Positives

    ZeroHedge - Sep 22nd 2020 5:00am EDT

    Lies, Damned Lies, & UK Health Statistics: The Deadly Danger Of False Positives Tyler Durden Tue, 09/22/2020 – 05:00 Authored by Dr. Michael Yeadon via lockdownsceptics.org, I never expected to be writing something like this. I am an ordinary person, recently semi-retired from a career in the pharmaceutical industry and biotech, where I spent over […]

  • Visualizing The State Of Democracy, By Country

    ZeroHedge - Sep 22nd 2020 4:15am EDT

    Visualizing The State Of Democracy, By Country Tyler Durden Tue, 09/22/2020 – 04:15 From Norway to North Korea, governing systems differ around the world. But, as Visual Capitalist’s Iman Ghosh asks (and answers below) has the world become more or less free in the past decade? This visualization from Preethi Lodha demonstrates how democracy levels of 167 […]

  • New Lockdowns Could Lead Europe To Economic Depression

    ZeroHedge - Sep 22nd 2020 3:30am EDT

    New Lockdowns Could Lead Europe To Economic Depression Tyler Durden Tue, 09/22/2020 – 03:30 Authored by Daniel Lacalle, The rise in Covid-19 cases in countries like France and Spain has increased the risk of new lockdowns. Governments should understand by now that shutting down the economy is highly inefficient and devastating for jobs and business […]

  • Tour de France: Too Fast To Be Clean?

    ZeroHedge - Sep 22nd 2020 2:45am EDT

    Tour de France: Too Fast To Be Clean? Tyler Durden Tue, 09/22/2020 – 02:45 Tadej Pogačar made history on Sunday by becoming the first Slovenian to win the Tour de France. Winning the Tour a day before his 22nd birthday, Pogačar is now the second-youngest rider ever to win the Tour de France, trailing only […]

  • Exposing War Crimes Should Always Be Legal… Committing And Hiding Them Should Not

    ZeroHedge - Sep 22nd 2020 2:00am EDT

    Exposing War Crimes Should Always Be Legal… Committing And Hiding Them Should Not Tyler Durden Tue, 09/22/2020 – 02:00 Authored by Caitlin Johnstone via Medium.com, The Kafkaesque extradition trial of WikiLeaks founder Julian Assange continues, with each frustrating day making it clearer than the day before that what we are watching is nothing other than a staged […]

  • “A Black Box Of Unclear Motives” – World’s Oldest Central Bank Blasted After Redacting BlackRock Bond-Buying Report

    ZeroHedge - Sep 22nd 2020 1:00am EDT

    “A Black Box Of Unclear Motives” – World’s Oldest Central Bank Blasted After Redacting BlackRock Bond-Buying Report Tyler Durden Tue, 09/22/2020 – 01:00 Ahead of today’s Riksbank rate decision, Swedish authorities are facing consternation from many market participants over the lack of transparency about its newly unveiled corporate-bond buying scheme. While Swedish officials are likely […]

  • Kennedy’s US-Russia Joint Space Vision Must Be Revived

    ZeroHedge - Sep 21st 2020 11:55pm EDT

    Kennedy’s US-Russia Joint Space Vision Must Be Revived Tyler Durden Mon, 09/21/2020 – 23:55 Authored by Matthew Ehret via The Strategic Culture Foundation, September 20th marked the anniversary of the last speech John F Kennedy delivered to the United Nations’ General Assembly. This event bears more relevance upon our present crisis than most people could possibly imagine. This […]

  • China Signals War Footing: PLA Minesweepers In ‘Drill’ To “Break Taiwan Sea Mines Threat”

    ZeroHedge - Sep 21st 2020 11:35pm EDT

    China Signals War Footing: PLA Minesweepers In ‘Drill’ To “Break Taiwan Sea Mines Threat” Tyler Durden Mon, 09/21/2020 – 23:35 China’s state media has confirmed what is a very serious and direct escalation in waters surrounding Taiwan amid ongoing PLA military exercises in the area. PLA ships are engaged in ‘mock’ minesweeping activities “amid Taiwan’s attempt to […]

  • Down The 1619 Project’s Memory Hole

    ZeroHedge - Sep 21st 2020 11:15pm EDT

    Down The 1619 Project’s Memory Hole Tyler Durden Mon, 09/21/2020 – 23:15 Authored by Phillip Magness via Quillette.com, The history of the American Revolution isn’t the only thing the New York Times is revising through its 1619 Project. The “paper of record” has also taken to quietly altering the published text of the project itself after one […]