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  • “It’s Better Than The Stock Market”: A Massive Bubble Is Forming In The Rare Plant Market

    ZeroHedge - Sep 21st 2020 2:20pm EDT

    “It’s Better Than The Stock Market”: A Massive Bubble Is Forming In The Rare Plant Market Tyler Durden Mon, 09/21/2020 – 14:20 It isn’t just the stock market that’s experiencing a “rising tide” of both trillions in liquidity and inflation – it has now found its way to the rare plant market.  Plants had been […]

  • China’s Crude Oil Imports Are Slowing Down

    ZeroHedge - Sep 21st 2020 2:05pm EDT

    China’s Crude Oil Imports Are Slowing Down Tyler Durden Mon, 09/21/2020 – 14:05 By Charles Kennedy of OilPrice.com China’s imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also significantly slowing imports this month with demand still under pressure, IHS Markit […]

  • You Are Not Hallucinating: Magic Mushroom Company Soars In New York IPO

    ZeroHedge - Sep 21st 2020 1:50pm EDT

    You Are Not Hallucinating: Magic Mushroom Company Soars In New York IPO Tyler Durden Mon, 09/21/2020 – 13:50 U.K. “magic mushroom company” Compass Pathways went public on Friday, jumping 71% to $29 in its New York debut after pricing an initial 6.7 million shares at $14 to $16 each. The company’s NASDAQ listing is expected […]

  • Does Edward Snowden Deserve A Pardon?

    ZeroHedge - Sep 21st 2020 1:29pm EDT

    Does Edward Snowden Deserve A Pardon? Tyler Durden Mon, 09/21/2020 – 13:29 Authored by David D’Amato via The American Institute for Economic Research, The global spotlight was cast upon Edward Snowden in 2013 after he blew the whistle on the National Security Agency’s (NSA) warrantless domestic surveillance programs. Working with The Guardian and Pulitzer Prize-winning journalist Glenn […]

  • In Stunning Reversal, CDC Says It Published New Guidance On Risks Of ‘Airborne’ COVID-19 “In Error”

    ZeroHedge - Sep 21st 2020 1:10pm EDT

    In Stunning Reversal, CDC Says It Published New Guidance On Risks Of ‘Airborne’ COVID-19 “In Error” Tyler Durden Mon, 09/21/2020 – 13:10 After publishing guidance warning about the serious risks of “airborne” infection associated with SARS-CoV-2, the CDC just seriously harmed its own credibility by acknowledging Monday that it had posted the new guidance “in […]

  • US Household Wealth Hits A Record High After Biggest Quarterly Jump on Record… There Is Just One Catch

    ZeroHedge - Sep 21st 2020 12:57pm EDT

    US Household Wealth Hits A Record High After Biggest Quarterly Jump on Record… There Is Just One Catch Tyler Durden Mon, 09/21/2020 – 12:57 In the Fed’s latest Flow of Funds report released at noon today, the Fed unveiled the latest snapshot of the US “household” sector as of June 30 2018. What it showed […]

  • DoJ Labels NYC, Portland, & Seattle As “Anarchist Jurisdictions,” Federal Aid To Cities In Crosshairs

    ZeroHedge - Sep 21st 2020 12:45pm EDT

    DoJ Labels NYC, Portland, & Seattle As “Anarchist Jurisdictions,” Federal Aid To Cities In Crosshairs Tyler Durden Mon, 09/21/2020 – 12:45 The feud between President Trump and Democratically-controlled cities, which have moved to defund police and enable rioters, sharply escalated Sunday after the Justice Department labeled New York City and three other metro areas as “anarchist jurisdictions,” according to a […]

  • Pelosi Risks Shutdown After Slashing GOP Farm Aid, Child-Nutrition From Bill

    ZeroHedge - Sep 21st 2020 12:13pm EDT

    Pelosi Risks Shutdown After Slashing GOP Farm Aid, Child-Nutrition From Bill Tyler Durden Mon, 09/21/2020 – 12:13 House Speaker Nancy Pelosi (D-CA) and House Democrats are risking a federal shutdown as they prepare to release a stopgap government funding bill on Monday which failed to gain the support of the White House or Senate GOP, […]

  • China Military Releases War Simulation Video Of Attack On US Guam Base 

    ZeroHedge - Sep 21st 2020 12:05pm EDT

    China Military Releases War Simulation Video Of Attack On US Guam Base  Tyler Durden Mon, 09/21/2020 – 12:05 Following weeks of multiple Chinese fighter jet incursions over Taiwan, the Chinese air force released a shocking video on Saturday showing bombers conducting a simulated attack “on what appears to be Andersen Air Force Base on the U.S. Pacific island of […]

  • US Sanctions Iranian Nuclear Scientists And Venezuela’s Maduro As World Ignores UN ‘Snap-Back’

    ZeroHedge - Sep 21st 2020 11:50am EDT

    US Sanctions Iranian Nuclear Scientists And Venezuela’s Maduro As World Ignores UN ‘Snap-Back’ Tyler Durden Mon, 09/21/2020 – 11:50 Secretary of State Mike Pompeo has just announced new sanctions on Venezuelan President Nicolas Maduro, along with two Iranian scientists working for the Iranian Defense Ministry who are said to be central to the country’s uranium-enrichment […]

  • Trump Attacks Biden Over Opposition To Bin Laden Raid, Soleimani Strike

    ZeroHedge - Sep 21st 2020 11:35am EDT

    Trump Attacks Biden Over Opposition To Bin Laden Raid, Soleimani Strike Tyler Durden Mon, 09/21/2020 – 11:35 With the presidential debate just eight days away, President Trump has started hammering Joe Biden over his track record on foreign policy – including Biden’s skepticism over the raid that killed Osama bin Laden, his vote against the […]

  • Nat Gas Plummets 10%, Slides Under $2 In Biggest One-Day Drop In 20 Months

    ZeroHedge - Sep 21st 2020 11:22am EDT

    Nat Gas Plummets 10%, Slides Under $2 In Biggest One-Day Drop In 20 Months Tyler Durden Mon, 09/21/2020 – 11:22 Natural gas futures tumbled below $2 amid a broad rout in commodity markets and on speculation that Tropical Storm Beta may spur power outages and curtail LNG exports along the Gulf Coast (as Bloomberg notes, […]

  • Morgan Stanley Turns Bearish, Sees Tech Plunge Accelerating As Investors Dump Most QQQs In 20 Years

    ZeroHedge - Sep 21st 2020 11:05am EDT

    Morgan Stanley Turns Bearish, Sees Tech Plunge Accelerating As Investors Dump Most QQQs In 20 Years Tyler Durden Mon, 09/21/2020 – 11:05 “Fiscal Cliff +Peak Fed = Second Leg of Correction”  Morgan Stanley Back in March, just after the Fed nationalized the bond market, Morgan Stanley’s Michael Wilson quickly emerged as the biggest cheerleader for […]

  • US Set To Pass 200,000 Deaths As UK Scientist Delivers Grim New Warning: Live Updates

    ZeroHedge - Sep 21st 2020 10:47am EDT

    US Set To Pass 200,000 Deaths As UK Scientist Delivers Grim New Warning: Live Updates Tyler Durden Mon, 09/21/2020 – 10:47 Summary: US added 41,206 cases as post-LDW surge slows Death toll across US: 199,531 Texas deaths near 15,000 India tops 5.5 million cases Iceland closes bars, karaoke parlors 4 more counties in Wales brace […]

  • ​​​​​​​Microsoft To Buy ‘Doom’-Maker Bethesda Softworks For $7.5 Billion

    ZeroHedge - Sep 21st 2020 10:45am EDT

    ​​​​​​​Microsoft To Buy ‘Doom’-Maker Bethesda Softworks For $7.5 Billion Tyler Durden Mon, 09/21/2020 – 10:56 Microsoft’s gaming business is about to massively expand, in a new deal announced by the company Monday to acquire ZeniMax Media, the parent company of Bethesda Softworks, the largest privately-held game developers and publishers in the world, for $7.5 billion in cash. Bloomberg reports […]

  • Gold Dives Below $1900 As Dollar Surges, Stocks & Bond Yields Tumble

    ZeroHedge - Sep 21st 2020 10:36am EDT

    Gold Dives Below $1900 As Dollar Surges, Stocks & Bond Yields Tumble Tyler Durden Mon, 09/21/2020 – 10:36 The brief – ubiquitous – opening dip-buying in stocks has been erased entirely and all major US equity indices are dep in the red with The Dow down over 800 points… All the majors are also down […]

  • As Crime Soars, Furious NYers Paint Giant “F**k Cuomo And De Blasio” Mural On Brooklyn Street

    ZeroHedge - Sep 21st 2020 10:30am EDT

    As Crime Soars, Furious NYers Paint Giant “F**k Cuomo And De Blasio” Mural On Brooklyn Street Tyler Durden Mon, 09/21/2020 – 10:30 Amid soaring crime and plummeting business sentiment – both laid squarely at the feet of NYC mayor De Blasio and NY Governor Cuomo – New Yorkers sent a stereotypically blunt message to their […]

  • Here Are The “Fascinating Scenarios” For Markets: Wall Street Responds To RBG’s Death

    ZeroHedge - Sep 21st 2020 9:38am EDT

    Here Are The “Fascinating Scenarios” For Markets: Wall Street Responds To RBG’s Death Tyler Durden Mon, 09/21/2020 – 09:38 Over the weekend, in looking at the political and market chaos unleashed by the passing of SCOTUS Justice Ruth Bader Ginsburg, we said markets are now facing a “nuclear scenario” and summarized the lay of the […]

  • Value, Margin Of Safety, & The Art Of Doing Nothing

    ZeroHedge - Sep 21st 2020 9:25am EDT

    Value, Margin Of Safety, & The Art Of Doing Nothing Tyler Durden Mon, 09/21/2020 – 09:25 Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last several months, we have discussed the remarkable underperformance of value versus growth. While many investors quickly dismiss the performance gap under the guise of “this time is different,” it has important longer-term implications. […]

  • Senate Report On Biden-Ukraine Accusations To Drop Within Days

    ZeroHedge - Sep 21st 2020 9:09am EDT

    Senate Report On Biden-Ukraine Accusations To Drop Within Days Tyler Durden Mon, 09/21/2020 – 09:09 Senate Republicans are set to release their long-awaited report on Joe and Hunter Biden’s activities in Ukraine, and is expected to conclude that Hunter Biden’s lucrative seat the board of Ukrainian energy giant Burisma impacted Obama-era Ukraine policy, which was […]

  • Key Events This Week: Powell Speaks Not Once, Not Twice, But Three Times

    ZeroHedge - Sep 21st 2020 8:55am EDT

    Key Events This Week: Powell Speaks Not Once, Not Twice, But Three Times Tyler Durden Mon, 09/21/2020 – 08:55 Looking at the week ahead, the highlight will be Fed Chair Powell who after last week’s disappointing FOMC meeting will be speaking not once, not twice, but three times before congressional committees (just in case anyone […]

  • Stocks, Gold, & Crypto Crushed As Dollar Spikes

    ZeroHedge - Sep 21st 2020 8:45am EDT

    Stocks, Gold, & Crypto Crushed As Dollar Spikes Tyler Durden Mon, 09/21/2020 – 08:45 Between bad banks behavior, COVID second-wave concerns, and political chaos; it appears markets (particularly stock markets) are waking up from their fiscal and monetary policy inspired dream-state. Stocks are getting spanked… The dollar is spiking… Sending gold notably lower… And Cryptos… […]

  • ByteDance Says It Will Retain Majority Ownership, ‘Secret Sauce’ As Security Experts Question What TikTok Deal Achieved

    ZeroHedge - Sep 21st 2020 8:19am EDT

    ByteDance Says It Will Retain Majority Ownership, ‘Secret Sauce’ As Security Experts Question What TikTok Deal Achieved Tyler Durden Mon, 09/21/2020 – 08:19 President Trump declared on Saturday that he had given the TikTok-Oracle deal “his blessing”, even as demands made by GOP Senators including Marco Rubio, Ted Cruz and Josh Hawley that ByteDance not […]

  • The Bill For America’s $50 Trillion Gluttony Of Inequality Is Overdue

    ZeroHedge - Sep 21st 2020 8:11am EDT

    The Bill For America’s $50 Trillion Gluttony Of Inequality Is Overdue Tyler Durden Mon, 09/21/2020 – 08:11 Authored by Charles Hugh Smith via OfTwoMinds blog, The battle to claw back a significant percentage of the $50 trillion is just beginning. Do you hear the pathetic bleating of America’s billionaires and their army of toadies? If not, […]

  • Global Stocks Plunge On Bank, Election, Virus Fears; Treasuries, Dollar Spike

    ZeroHedge - Sep 21st 2020 7:50am EDT

    Global Stocks Plunge On Bank, Election, Virus Fears; Treasuries, Dollar Spike Tyler Durden Mon, 09/21/2020 – 07:50 Global markets tumbled on Monday, as S&P futures slid below 3,300 after failing to hold 50DMA support on Friday, and with European stocks falling the most since July as investors worried about renewed covid lockdowns across European countries […]