News From ZeroHedge, Page 2854

RSS

  • Fed Releases Scenarios For Second Bank Stress Test, May Extend Dividend, Buyback Limits

    ZeroHedge - Sep 17th 2020 5:07pm EDT

    Fed Releases Scenarios For Second Bank Stress Test, May Extend Dividend, Buyback Limits Tyler Durden Thu, 09/17/2020 – 17:07 Moments ago the Fed announced two “hypothetical” scenarios for a second round of bank stress tests which will be held this year and whose results will be unveiled by the end of the year, marking the […]

  • This Is Why Inflation Will Rip Everyone’s Face Off

    ZeroHedge - Sep 17th 2020 4:40pm EDT

    This Is Why Inflation Will Rip Everyone’s Face Off Tyler Durden Thu, 09/17/2020 – 16:40 Authored by Charles Hugh Smith via OfTwoMinds blog, This is why inflation will rip everyone’s faces off: production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around. This is how market capitalism is supposed to […]

  • Facebook Moves To Censor Internal Debate As More Employees Quit In Protest

    ZeroHedge - Sep 17th 2020 4:20pm EDT

    Facebook Moves To Censor Internal Debate As More Employees Quit In Protest Tyler Durden Thu, 09/17/2020 – 16:20 After a handful of employees quit so they could speak out about Facebook’s insufficient internal ‘woke’-ness, Facebook CEO Mark Zuckerberg has finally decided how he’s going to handle what has been described as an internal rebellion. The […]

  • “Sell All The Things!” – Tech Wrecked, Dollar Dumped, & SNOW Flaked

    ZeroHedge - Sep 17th 2020 4:00pm EDT

    “Sell All The Things!” – Tech Wrecked, Dollar Dumped, & SNOW Flaked Tyler Durden Thu, 09/17/2020 – 16:00 Since Powell dropped his statement yesterday – explaining what The Fed hopes will happen but not how it will make it happen – investors have switched into sell-all-the-things mode with the dollar, stocks, bonds, and gold all […]

  • The Repo Panic: One Year Later

    ZeroHedge - Sep 17th 2020 3:45pm EDT

    The Repo Panic: One Year Later Tyler Durden Thu, 09/17/2020 – 15:45 By Scott Skyrm of Curvative Securities, Let’s set the stage. After 7 years of zero percent interest rates, the Fed started draining liquidity from the market in December 2015 by tightening rates 25 basis points. Over the next four years, the Fed continued […]

  • Ex-JPMorgan Trader Sentenced To 8 Months In Prison For FX Bid-Rigging

    ZeroHedge - Sep 17th 2020 3:25pm EDT

    Ex-JPMorgan Trader Sentenced To 8 Months In Prison For FX Bid-Rigging Tyler Durden Thu, 09/17/2020 – 15:25 Two years after former HSBC head of currency trading, Mark Johnson, became the first person to be convicted in a global crackdown of currency rigging and was sentenced to two years in a U.S. prison, moments ago a […]

  • Saudis Scold OPEC+ Laggards For Trying To “Outsmart The Market”

    ZeroHedge - Sep 17th 2020 3:11pm EDT

    Saudis Scold OPEC+ Laggards For Trying To “Outsmart The Market” Tyler Durden Thu, 09/17/2020 – 15:11 Authored by Tsvetana Paraskova via OilPrice.com, The OPEC+ group will allow non-compliant members to take until the end of the year to compensate for their overproduction, Saudi Arabia’s Prince Abdulaziz bin Salman said on Thursday as he slammed laggards in compliance […]

  • Walmart Announces Pay Raises For 165,000 Hourly Workers As It Eliminates Their Quarterly Bonuses

    ZeroHedge - Sep 17th 2020 2:55pm EDT

    Walmart Announces Pay Raises For 165,000 Hourly Workers As It Eliminates Their Quarterly Bonuses Tyler Durden Thu, 09/17/2020 – 14:55 Walmart announced sweeping changes to staffing in its U.S. stores, which include restructuring the leadership roles at its Supercenters and raising pay for some of its salaried and hourly employees, according to a company press […]

  • Putin Critic Navalny Releases “Evidence” Of Novichok Poisoning

    ZeroHedge - Sep 17th 2020 2:25pm EDT

    Putin Critic Navalny Releases “Evidence” Of Novichok Poisoning Tyler Durden Thu, 09/17/2020 – 14:25 A few days after sharing the first photo of himself and his family from his hospital bed in Germany, Alexei Navalny and his team are back in the headlines Thursday, proclaiming that they now have “evidence” that the Russian opposition politician […]

  • West Coast Wildfires Causing “Smoky Skies” As Far East As New York City

    ZeroHedge - Sep 17th 2020 1:45pm EDT

    West Coast Wildfires Causing “Smoky Skies” As Far East As New York City Tyler Durden Thu, 09/17/2020 – 13:45 Just days ago, we posted photographs of just how stunning the effects of the California wildfires had gotten on the west coast. The photos showed bright orange skies, painting a scene that looked more suited for Mars […]

  • After 6 Months Of Pandemic Lockdowns… There’s Still A Long Way To Go

    ZeroHedge - Sep 17th 2020 1:27pm EDT

    After 6 Months Of Pandemic Lockdowns… There’s Still A Long Way To Go Tyler Durden Thu, 09/17/2020 – 13:27 Authored by Wolf Richter via WOLF STREET, The US economy is completing the sixth month of the Pandemic. So how is the recovery going, as seen by the near-real-time indicators that have sprung up as a result […]

  • Moderna Publishes COVID-19 Vaccine Trial “Blueprint” To Quiet Concerns About Rushed Approval

    ZeroHedge - Sep 17th 2020 1:05pm EDT

    Moderna Publishes COVID-19 Vaccine Trial “Blueprint” To Quiet Concerns About Rushed Approval Tyler Durden Thu, 09/17/2020 – 13:05 With the AstraZeneca-Oxford vaccine study still paused in the US, reports about a sickened patient in the UK have undermined credibility with the public at an extremely delicate time. Vaccine maker are trying to achieve emergency regulatory […]

  • ‘Price Of Tomorrow’ Author Says Bitcoin Is A “Lifeboat” Amid Financial Turmoil

    ZeroHedge - Sep 17th 2020 12:44pm EDT

    ‘Price Of Tomorrow’ Author Says Bitcoin Is A “Lifeboat” Amid Financial Turmoil Tyler Durden Thu, 09/17/2020 – 12:44 Authored by Martin Young via CoinTelegraph.com, Escalating debt and inflation could result in years of stormy weather for global economies image courtesy of CoinTelegraph Renowned entrepreneur and author Jeff Booth has endorsed Bitcoin as a ‘“must have” […]

  • Peter Schiff Warns The World Is Ready To Reject The Dollar Standard

    ZeroHedge - Sep 17th 2020 12:05pm EDT

    Peter Schiff Warns The World Is Ready To Reject The Dollar Standard Tyler Durden Thu, 09/17/2020 – 12:05 Via SchiffGold.com, Peter Schiff recently did a presentation at the Endeavour Silver Town Hall Webinar. He talked about the state of the economy, the US dollar, and gold and silver. Peter said he thinks we’re about to see a gold […]

  • GM Considers Expanding Into Electric-Flying Air-Taxis

    ZeroHedge - Sep 17th 2020 11:50am EDT

    GM Considers Expanding Into Electric-Flying Air-Taxis Tyler Durden Thu, 09/17/2020 – 11:50 Like an elderly man wobbling into a party and trying to fit in with young kids by using “hip new lingo”, General Motors – days after seeing its partnership with Nikola come under fire – has now come out and said it is […]

  • Let The Exodus Begin: New Jersey Raises Tax On Millionaires

    ZeroHedge - Sep 17th 2020 11:10am EDT

    Let The Exodus Begin: New Jersey Raises Tax On Millionaires Tyler Durden Thu, 09/17/2020 – 11:10 In the latest suicidal move by New Jersey, the state which after Illinois is in the direst of financial straits and has the second lowest credit rating in the nation… … On Thursday morning, Jersey Governor Phil Murphy and Democratic […]

  • Tucker Slams Facebook Censorship Of Chinese Virologist: “It’s Turning Us Into The Soviet Union”

    ZeroHedge - Sep 17th 2020 10:50am EDT

    Tucker Slams Facebook Censorship Of Chinese Virologist: “It’s Turning Us Into The Soviet Union” Tyler Durden Thu, 09/17/2020 – 10:50 Authored by Sam Dorman, op-ed via FoxNews.com, Facebook and other tech giants have engaged in a troubling pattern of censoring speech surrounding major issues in the coronavirus debate, Fox News host Tucker Carlson argued during his Wednesday night monologue. Carlson’s comments came […]

  • Trump To Announce Final Decision On TikTok Deal Within 36 Hours, Opposes China Majority Ownership

    ZeroHedge - Sep 17th 2020 10:37am EDT

    Trump To Announce Final Decision On TikTok Deal Within 36 Hours, Opposes China Majority Ownership Tyler Durden Thu, 09/17/2020 – 10:37 With a  presidential briefing scheduled for Thursday, President Trump is expected to make his final decision on the deal to spin off TikTok into an independent US-based company within 24-36 hours, which would leave […]

  • Pelosi Gets Lifeline After Trump Tweet On Stimulus; Meadows Clarifies

    ZeroHedge - Sep 17th 2020 10:22am EDT

    Pelosi Gets Lifeline After Trump Tweet On Stimulus; Meadows Clarifies Tyler Durden Thu, 09/17/2020 – 10:22 After coming under fire from her own party for rejecting a $1.5 trillion ‘moderate’ bipartisan stimulus deal supported by 50 House lawmakers, Speaker Nancy Pelosi (D-CA) was seemingly thrown a lifeline Wednesday thanks to a tweet from President Trump […]

  • Yes, 2021 Could Be Worse

    ZeroHedge - Sep 17th 2020 10:07am EDT

    Yes, 2021 Could Be Worse Tyler Durden Thu, 09/17/2020 – 10:07 Authored by Robert Wright via The American Institute for Economic Research, I notice lots of folks on social media pining for 2021. Don’t kill the messenger, but 2021 could be much worse than 2020. Coronavirus restrictions could get worse. But how? Covid-19 came close […]

  • Deutsche Bank Gold Manipulator: “Spoofing Was So Commonplace I Figured It Was OK”

    ZeroHedge - Sep 17th 2020 9:51am EDT

    Deutsche Bank Gold Manipulator: “Spoofing Was So Commonplace I Figured It Was OK” Tyler Durden Thu, 09/17/2020 – 09:51 We first brought you the fascinating story of Deutsche Bank’s gold spoofer David Liew back in June 2017, when we revealed that the former precious metals-trader turned government star informant was responsible for busting a massive […]

  • Dollar Weakness Or Dollar Crash?

    ZeroHedge - Sep 17th 2020 9:35am EDT

    Dollar Weakness Or Dollar Crash? Tyler Durden Thu, 09/17/2020 – 09:35 Submitted by Thomas Kirchner, of Camelot Portfolios Summary: Dollar has depreciated 10% since March. Don’t expect this or the next administration to talk up the Dollar. Central bank Dollar holdings reach new record. The Dollar has shown weakness during the second and third quarters, […]

  • Barclays Latest Global Megabank To Suffer Trading Floor COVID-19 Outbreak

    ZeroHedge - Sep 17th 2020 9:22am EDT

    Barclays Latest Global Megabank To Suffer Trading Floor COVID-19 Outbreak Tyler Durden Thu, 09/17/2020 – 09:22 As JP Morgan struggles with another COVID-19 outbreak as it prepares to order more workers back to its offices in NYC and London, Barclays has just become the latest global mega-bank to suffer a flareup of its own. Dow […]

  • Rabo: With No Hikes Until 2023, Here Are Some Hobbies The Fed Can Pursue For The Next Three Years

    ZeroHedge - Sep 17th 2020 9:06am EDT

    Rabo: With No Hikes Until 2023, Here Are Some Hobbies The Fed Can Pursue For The Next Three Years Tyler Durden Thu, 09/17/2020 – 09:06 by Michael Every of Rabobank Inflation [ɪnˈfleɪʃ(ə)n] Noun the action of inflating something or the condition of being inflated. “the inflation of a balloon” a general increase in prices and […]

  • SNOW Drops, Tech Tumbles, Bonds Bid

    ZeroHedge - Sep 17th 2020 8:54am EDT

    SNOW Drops, Tech Tumbles, Bonds Bid Tyler Durden Thu, 09/17/2020 – 08:54 But, but, but… The ‘very successful’ IPO of Snowflake now has everyone who bought after its release yesterday now underwater… The Nasdaq is leading the plunge post-Powell… And bond yields are tumbling And don’t forget, tomorrow is quad-witch options expiry so hold on […]