• “We Are Headed For The Worst Of The Worst” Week For Markets

    ZeroHedge - Sep 18th 2020 1:35pm EDT

    “We Are Headed For The Worst Of The Worst” Week For Markets Tyler Durden Fri, 09/18/2020 – 13:35 Earlier today we laid out the views of Nomura’s Charlie McElligott who discussed why 270 in the QQQs is the “line in the sand” for dealers, as a drop below this “trigger” level could open a trapdoor […]

  • Support For BLM Falls Further; Americans See “Protests” As Riots, Believe There Is A War On Police

    ZeroHedge - Sep 18th 2020 1:15pm EDT

    Support For BLM Falls Further; Americans See “Protests” As Riots, Believe There Is A War On Police Tyler Durden Fri, 09/18/2020 – 13:15 Authored by Steve Watson via Summit News, A series of new polls reveals that the majority of Americans believe there is a war being waged against police officers, and that support for […]

  • Tesla Wins Lawsuit Against Former Employee And Whistleblower Martin Tripp

    ZeroHedge - Sep 18th 2020 1:00pm EDT

    Tesla Wins Lawsuit Against Former Employee And Whistleblower Martin Tripp Tyler Durden Fri, 09/18/2020 – 13:00 Tesla has won a court case against whistleblower Martin Tripp, who was fired from the company for hacking company data and transferring it to third parties.  Tripp was a former Tesla process engineering technician who claimed that Musk had […]

  • Rickards: The Layoffs Are Just Beginning

    ZeroHedge - Sep 18th 2020 12:48pm EDT

    Rickards: The Layoffs Are Just Beginning Tyler Durden Fri, 09/18/2020 – 12:48 Authored by Jim Rickards via The Daily Reckoning, Unemployment skyrocketed in March and April, during the worst stage of the pandemic and the lockdowns that followed. The unemployment rate approached 15% in April and total initial claims for unemployment benefits exceeded 59 million […]

  • Stocks Drop To Session Lows After Pelosi Says She Is Sticking To $2.2 Trillion In Stimulus Bill Demand

    ZeroHedge - Sep 18th 2020 12:25pm EDT

    Stocks Drop To Session Lows After Pelosi Says She Is Sticking To $2.2 Trillion In Stimulus Bill Demand Tyler Durden Fri, 09/18/2020 – 12:25 A 4th fiscal deal remains far off according to Nancy Pelosi who spoke on Bloomberg TV and said that she is sticking to her demand for at least $2.2 trillion in […]

  • Feds Launch Probe Into Princeton “Based On Its Admitted Racism”

    ZeroHedge - Sep 18th 2020 12:10pm EDT

    Feds Launch Probe Into Princeton “Based On Its Admitted Racism” Tyler Durden Fri, 09/18/2020 – 12:10 Authored by Jezzamine Wolk via Campus Reform, The Department of Education has launched an investigation into Princeton University following a controversial open letter from University President Christopher Eisgruber claiming racism is “embedded” in the institution. According to a letter obtained by […]

  • Michigan Joins Pennsylvania With Mail-In-Ballot Extension

    ZeroHedge - Sep 18th 2020 11:52am EDT

    Michigan Joins Pennsylvania With Mail-In-Ballot Extension Tyler Durden Fri, 09/18/2020 – 11:52 A Michigan judge on ruled on Friday that the state must accept ballots that arrive within two weeks of the election, as long as they are postmarked by November 2nd. The judge also said that the state – which was decided by 10,000 […]

  • Kashkari Explains Why He Dissented Against The FOMC’s Decision

    ZeroHedge - Sep 18th 2020 11:37am EDT

    Kashkari Explains Why He Dissented Against The FOMC’s Decision Tyler Durden Fri, 09/18/2020 – 11:37 While the latest FOMC announcement on Wednesday was generally in line with expectations (even as the market strongly hints that it could have been far stronger in terms of supporting risk assets) there was one notable surprise in that not […]

  • AOC: Democrats Can Push Biden In ‘More Progressive Direction’

    ZeroHedge - Sep 18th 2020 11:18am EDT

    AOC: Democrats Can Push Biden In ‘More Progressive Direction’ Tyler Durden Fri, 09/18/2020 – 11:18 Progressive Democrats with dreams of bread-lines and poverty who worry that a Biden administration won’t be socialist enough – never fear, AOC is here. According to Democratic socialist Rep. Alexandria Ocasio-Cortez (D-NY), progressives will “likely” be able to swing the […]

  • Moderna Says COVID-19 Vaccine Won’t Be Widely Available Until 2021 As US Deaths Near 200,000: Live Updates

    ZeroHedge - Sep 18th 2020 11:07am EDT

    Moderna Says COVID-19 Vaccine Won’t Be Widely Available Until 2021 As US Deaths Near 200,000: Live Updates Tyler Durden Fri, 09/18/2020 – 11:07 Eight months after the coronavirus infected the first person on US soil, America is heading toward a morbid new milestone: the number of deaths attributed to the coronavirus is on track to […]

  • More Than One Third Of All NYC Residents Consider Leaving

    ZeroHedge - Sep 18th 2020 10:57am EDT

    More Than One Third Of All NYC Residents Consider Leaving Tyler Durden Fri, 09/18/2020 – 10:57 Authored by Mike Shedlock via MishTalk, The cost of living in New York City is so steep that in the past 4 months, 35% have considered leaving. High Income Flight A Siena College study shows 44 Percent of Six-Figure Earners […]

  • China Buzzes Taiwan With Unusually Large Show Of Force Involving 18 Aircraft

    ZeroHedge - Sep 18th 2020 10:35am EDT

    China Buzzes Taiwan With Unusually Large Show Of Force Involving 18 Aircraft Tyler Durden Fri, 09/18/2020 – 10:35 Another top American official is on a three day visit to Taiwan, and China has made its anger known by once again buzzing the island with fighter jets. But this time it was an almost unprecedented show […]

  • Watch: CNN (Seriously) Claims That COVID Will Spread At Trump Rallies But Not BLM Protests

    ZeroHedge - Sep 18th 2020 10:15am EDT

    Watch: CNN (Seriously) Claims That COVID Will Spread At Trump Rallies But Not BLM Protests Tyler Durden Fri, 09/18/2020 – 10:15 Authored by Steve Watson via Summit News, In response to criticism that CNN is continuously praising mass gatherings when they are BLM organised, but condemning Trump campaign rallies for breaking COVID restrictions, the network […]

  • UMich Sentiment Jumps To Six-Month High As Democrats’ Confidence Soars

    ZeroHedge - Sep 18th 2020 10:10am EDT

    UMich Sentiment Jumps To Six-Month High As Democrats’ Confidence Soars Tyler Durden Fri, 09/18/2020 – 10:10 Having utterly failed to confirm the ‘v’-shaped recovery in stocks so far, preliminary UMich sentiment data was expected to show more of the same – mixed moves and disappointment – but it actually came in considerably better than expected. […]

  • Quad-Witch Trigger: “Staggering Gamma Collapse” Opens Market Trapdoor If QQQ Slides Below 270

    ZeroHedge - Sep 18th 2020 9:54am EDT

    Quad-Witch Trigger: “Staggering Gamma Collapse” Opens Market Trapdoor If QQQ Slides Below 270 Tyler Durden Fri, 09/18/2020 – 09:54 The relentless gamma meltup of late August, early September is now ancient history, and following today’s “quad witch” expiration, Nomura’s Charlie McElligott writes that the “Nasdaq is open to a MUCH larger trading range coming-out” following […]

  • Goldman Sachs Latest Wall Street Bank To Suffer Trading Floor COVID-19 Outbreak

    ZeroHedge - Sep 18th 2020 9:50am EDT

    Goldman Sachs Latest Wall Street Bank To Suffer Trading Floor COVID-19 Outbreak Tyler Durden Fri, 09/18/2020 – 09:50 Goldman Sachs has become the latest megabank to suffer a COVID-19 outbreak in its Manhattan offices. Earlier this month, several JPM traders based in the bank’s Madison Ave. office tower were reportedly sent home after an outbreak […]

  • Institutional Demand Will Drive Gold Ever Higher, Von Greyerz Warns “Central Banks Are Panicking”

    ZeroHedge - Sep 18th 2020 9:34am EDT

    Institutional Demand Will Drive Gold Ever Higher, Von Greyerz Warns “Central Banks Are Panicking” Tyler Durden Fri, 09/18/2020 – 09:34 Authored by Egon von Greyerz via GoldSwitzerland.com, Embrace uncertainty has long been one of my personal mottos. Because from this moment on, everything is uncertain whether it is your personal health, the stock market or the […]

  • Saudi Prince Abdulaziz Warns Oil Short Sellers: “We Will Never Leave This Market Unattended”

    ZeroHedge - Sep 18th 2020 9:15am EDT

    Saudi Prince Abdulaziz Warns Oil Short Sellers: “We Will Never Leave This Market Unattended” Tyler Durden Fri, 09/18/2020 – 09:15 As the price of oil begins to falter, Saudi Arabia has stepped up its rhetoric, even going as far as to warn short sellers not to bet against the price of the commodity.  Saudi Energy […]

  • Rabo: In Our K-Shaped World, Some Hum “Wannabe” While Others Air-Guitar “War Pigs”

    ZeroHedge - Sep 18th 2020 8:55am EDT

    Rabo: In Our K-Shaped World, Some Hum “Wannabe” While Others Air-Guitar “War Pigs” Tyler Durden Fri, 09/18/2020 – 08:55 By Michael Every of Rabobank Fifty years ago today a slice of musical genius was released unto the world. Not only does it still sound great today, it still sounds incredibly relevant. I am talking about […]

  • “Powerful” Hurricane Teddy Strengthens To Cat 4 With Canada In Crosshairs; Tropical Depression 22 Forms In Gulf

    ZeroHedge - Sep 18th 2020 8:35am EDT

    “Powerful” Hurricane Teddy Strengthens To Cat 4 With Canada In Crosshairs; Tropical Depression 22 Forms In Gulf Tyler Durden Fri, 09/18/2020 – 08:35 The National Hurricane Center (NHC) is closely monitoring “powerful” Hurricane Teddy as it continues to churn in the Atlantic Ocean and could make landfall in Canada early next week.  As of 0500 ET Friday, Teddy […]

  • “This Is Ludicrous” – Newt Gingrich Questions ‘The Soros Cover Up’

    ZeroHedge - Sep 18th 2020 8:16am EDT

    “This Is Ludicrous” – Newt Gingrich Questions ‘The Soros Cover Up’ Tyler Durden Fri, 09/18/2020 – 08:16 Authored by Newt Gingrich, op-ed via The American Mind, Americans can’t let Twitter noise overwhelm political reality… I have been watching a truly curious phenomenon over the past few days. It seems there is suddenly a movement in […]

  • Commerce Department Reportedly Planning To Shut Down TikTok, WeChat In The US

    ZeroHedge - Sep 18th 2020 7:46am EDT

    Commerce Department Reportedly Planning To Shut Down TikTok, WeChat In The US Tyler Durden Fri, 09/18/2020 – 07:46 With the White House still ratcheting up the pressure on ByteDance and China, Reuters has just confirmed American millennials’ worst fears: That is, if a deal for American control of TikTok isn’t completed by Sunday evening in […]

  • Futures Flat Ahead Of Quad Witching Volume Surge

    ZeroHedge - Sep 18th 2020 7:32am EDT

    Futures Flat Ahead Of Quad Witching Volume Surge Tyler Durden Fri, 09/18/2020 – 07:32 US equity futures were flat after trading in a narrow overnight range, and European and Asian markets drifted in a volume-light session ahead of Friday’s traditionally volatile quad witching session, when the expiration of options and futures send volumes soaring as […]

  • “They Could Have Contained It” – Outgoing US Ambassador Accuses China Of Trying To ‘Cover Up’ Wuhan COVID-19 Outbreak

    ZeroHedge - Sep 18th 2020 7:17am EDT

    “They Could Have Contained It” – Outgoing US Ambassador Accuses China Of Trying To ‘Cover Up’ Wuhan COVID-19 Outbreak Tyler Durden Fri, 09/18/2020 – 07:17 Former Iowa Governor and outgoing US ambassador to China Terry Branstad had some harsh words for his one-time friend, Chinese President Xi Jinping. During an interview with CNN, Brandstad accused […]

  • Wall Street Bankers Push For Bonuses Ahead of Possible Biden Win

    ZeroHedge - Sep 18th 2020 6:30am EDT

    Wall Street Bankers Push For Bonuses Ahead of Possible Biden Win Tyler Durden Fri, 09/18/2020 – 06:30 Big Wall Street firms may pay out bonuses to employees earlier this year as executives are preparing for a potential scenario where Joe Biden becomes president and a Democrat-controlled Senate would result in higher taxes. “Employees may ask to receive […]