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  • Boeing Troubles Continue

    ZeroHedge - Apr 6th 2020 6:35pm EDT

    Boeing Troubles Continue Submitted by Market Crumbs, Boeing has had a rough couple of years, starting with two separate 737 MAX crashes in October 2018 and March 2019, respectively, which killed a combined 346 people. Boeing saw net total orders drop to negative 87 airplanes last year, its worst in decades. For comparison, its main […]

  • Realtors Resort To Virtual Reality To Sell Homes During Lockdown

    ZeroHedge - Apr 6th 2020 6:15pm EDT

    Realtors Resort To Virtual Reality To Sell Homes During Lockdown Realtors across the country are dreading open houses or even showing clients homes, nevertheless, sitting in an office signing a contract, that is because masks are in limited supply, and they could catch COVID-19.  In Palm Beach, Florida, where cases and deaths are surging thanks to spring […]

  • US Army Colonel (Ret.): “Yes, The COVID-19 Pandemic Could Have Originated In A Chinese Lab…”

    ZeroHedge - Apr 6th 2020 5:55pm EDT

    US Army Colonel (Ret.): “Yes, The COVID-19 Pandemic Could Have Originated In A Chinese Lab…” Submitted by Lawrence Sellin, Let’s be clear, although there have been many attempts to do so by scientists worldwide, so far, no one knows the origin of CoVid-19, the coronavirus strain responsible for the global pandemic. CoVid-19 has several unique […]

  • US Hospitals Face ‘Severe’ Shortages Of Tests And Protective Equipment: Inspector General

    ZeroHedge - Apr 6th 2020 5:35pm EDT

    US Hospitals Face ‘Severe’ Shortages Of Tests And Protective Equipment: Inspector General As the US death toll from coronavirus tops 10,000 – the third highest in the world, an inspector general report from the Department of Health and Human Services has found that the country is experiencing serious shortages of tests and personal protective equipment […]

  • Watch Live: White House Holds Coronavirus Briefing As Outbreak ‘Peak’ Looms

    ZeroHedge - Apr 6th 2020 5:29pm EDT

    Watch Live: White House Holds Coronavirus Briefing As Outbreak ‘Peak’ Looms Another day, another briefing. And so it goes in the life of the Washington Press Corp., and the American public, who are being held “hostage” by the coronavirus (though we’ve been told that comparing the lockdown to a ‘hostage situation’ is no longer permissible […]

  • Food-Banks Warn They’ll Soon Run Out Of Food As Economic Suffering Explodes All Over America

    ZeroHedge - Apr 6th 2020 5:15pm EDT

    Food-Banks Warn They’ll Soon Run Out Of Food As Economic Suffering Explodes All Over America Authored by Michael Snyder via The Economic Collapse blog, What are hungry Americans going to do when the food banks don’t have any more food for them?  Over the past couple of weeks, we have witnessed the largest spike in […]

  • Some Bad News From JPM: This Is What Happens After We Pass The Virus Peak

    ZeroHedge - Apr 6th 2020 4:55pm EDT

    Some Bad News From JPM: This Is What Happens After We Pass The Virus Peak Yesterday, when giving an update  on the global coronavirus infection curve, and highlighting where various nations currently reside on the curve, we said what has become conventional wisdom, namely that “with every passing day, the world – most of which […]

  • Why Calls For A “National Quarantine” May Be More Rhetorical Than Legal

    ZeroHedge - Apr 6th 2020 4:35pm EDT

    Why Calls For A “National Quarantine” May Be More Rhetorical Than Legal Authored by Jonathan Turley, Calls for a “national quarantine” ignore both the historical and legal foundations for such orders. While the President can reduce travel at transportation hubs and certainly call for a national quarantine as “an aspirational” matter, the legal authority to […]

  • Netanyahu Announces Full Lockdown Of Israel Ahead Of Passover

    ZeroHedge - Apr 6th 2020 4:15pm EDT

    Netanyahu Announces Full Lockdown Of Israel Ahead Of Passover Israeli caretaker Prime Minister Benjamin Netanyahu has announced the entire country will enter complete lockdown starting 4 pm on Tuesday until 7 am Friday. This will also include a mandated home-confinement for all citizens from Wednesday׳s Passover Seder until 7am on Thursday, with citizens only allowed to venture outside up […]

  • Gold Soars To 8-Year Highs As Stocks Melt-Up On Massive Short-Squeeze

    ZeroHedge - Apr 6th 2020 4:01pm EDT

    Gold Soars To 8-Year Highs As Stocks Melt-Up On Massive Short-Squeeze Some positive second-derivatives in various state and nation case- and death-count-curves appeared to spark hope in stocks… Source: Bloomberg Do you believe in miracles… …but gold’s surge suggests more fear than hope (or more helicopter money)… Source: Bloomberg Live look at Dow futures pic.twitter.com/kLWZySZUu0 […]

  • The Fraud That Is ESG Strikes Again: Six Of Top 10 ESG Funds Underperform The S&P500

    ZeroHedge - Apr 6th 2020 3:45pm EDT

    The Fraud That Is ESG Strikes Again: Six Of Top 10 ESG Funds Underperform The S&P500 While the global coronavirus pandemic has had its share of tragic consequences, including tens of thousands dead, a near halt in the global economy, millions of businesses on the verge of collapse, and the biggest intervention of central banks […]

  • Kunstler: “Understand This!” – Ponzi Schemes Don’t Bounce-Back

    ZeroHedge - Apr 6th 2020 3:30pm EDT

    Kunstler: “Understand This!” – Ponzi Schemes Don’t Bounce-Back Authored by James Howard Kunstler via Kunstler.com, You understand, there will be no meaningful resuscitation of the dear, departed, so-called greatest boom in history. Ponzi schemes don ‘t “bounce back,” they collapse for the simple reason that the pieces holding them up were not really there. Such are […]

  • UK PM Boris Johnson Taken To ICU As COVID-19 Symptoms Worsen Dramatically

    ZeroHedge - Apr 6th 2020 3:15pm EDT

    UK PM Boris Johnson Taken To ICU As COVID-19 Symptoms Worsen Dramatically After being admitted to the hospital on Sunday afternoon, UK Prime Minister Boris Johnson has been taken to intensive care as his condition has apparently worsened dramatically overnight. Dominic Raab has now been deputized to lead Britain in his place. The news sent […]

  • Is This The Newest & Hottest Leading Economic Indicator?

    ZeroHedge - Apr 6th 2020 3:06pm EDT

    Is This The Newest & Hottest Leading Economic Indicator? Via Global Macro Monitor, Is this a sign of spiking consumer confidence or just a signal of a less shitty week to come? It has begun…,yes she is at the returns counter and yes she is doing exactly what you think she’s doing….. pic.twitter.com/CnPnOvcGHi — Lisa […]

  • Wisconsin Governor Postpones Tuesday Primary In Defiance Of Biden Campaign’s Wishes

    ZeroHedge - Apr 6th 2020 2:52pm EDT

    Wisconsin Governor Postpones Tuesday Primary In Defiance Of Biden Campaign’s Wishes After the Biden campaign refused to sanction plans to delay the vote, Wisconsin Gov. Tony Evers is taking on both the Republican-controlled state assembly and national figures in the Democratic Party by issuing an executive order postponing Tuesday’s election. Evers issued the order Monday […]

  • NYC To Bury COVID-19 Victims In Local Parks As Morgues Face “Equivalent Of Ongoing 9/11”

    ZeroHedge - Apr 6th 2020 2:50pm EDT

    NYC To Bury COVID-19 Victims In Local Parks As Morgues Face “Equivalent Of Ongoing 9/11” Despite Mayor Bill de Blasio confirming Monday the federal government had sent 600,000 N95 masks to New York City, and that other supplies have been procured, including ventilators — finally enough at least for the near-term immediate needs of besieged hospitals and panicked health workers — city […]

  • For A Glimpse Into Your Dystopian Police State Future, Just Visit Your Local Walmart

    ZeroHedge - Apr 6th 2020 2:35pm EDT

    For A Glimpse Into Your Dystopian Police State Future, Just Visit Your Local Walmart Authored by Michael Snyder via The End of The American Dream blog, Things are really starting to get crazy out there… All over the country, “non-essential” businesses have been forced to shut down, but because Walmart sells food and other basic […]

  • Banks To Make Risk-Free Killing On Small Business Bailout: Fed Will Buy Payroll Loans Issued By Banks

    ZeroHedge - Apr 6th 2020 2:20pm EDT

    Banks To Make Risk-Free Killing On Small Business Bailout: Fed Will Buy Payroll Loans Issued By Banks And just like that, the big banks are about to make a killing (again) thanks to the Fed. As a reminder, as part of the SBA and Treasury’s Payroll Protection Program plan to bail out small and medium […]

  • Welcome To “Project Zimbabwe”

    ZeroHedge - Apr 6th 2020 2:10pm EDT

    Welcome To “Project Zimbabwe” Authored by Harris Kupperman via AdventuresInCapitalism.com, Roughly a month ago on the afternoon of Sunday, March 8th, Fed Chairman Powell had an emergency staff meeting. Powell: I want the nuttiest money printing plan ever. What action plans do we have that are prepared and ready to initiate? Admin: Well, we have this one […]

  • Will We Revisit The Lows? The Answer – Is It 1987 Or 1929

    ZeroHedge - Apr 6th 2020 1:56pm EDT

    Will We Revisit The Lows? The Answer – Is It 1987 Or 1929 Two weeks ago, on quad-witch Friday March 20 which (so far) marked the lows of the coronavirus crisis, when US stocks plunged to levels not seen since late 2016, we showed a staggering chart from BofA putting the crash of 2020 in […]

  • BMO: The US Recession Is About As Subtle As A Network Outage At Netflix

    ZeroHedge - Apr 6th 2020 1:40pm EDT

    BMO: The US Recession Is About As Subtle As A Network Outage At Netflix Authored by BMO Capital Markets rates strategists Ian Lyngen, Ben Jeffery, and Jon Hill It’s an optimistic start to the week in decidedly pessimistic times. With chatter that Spain and Italy may have crossed the Covid-19 apex and a slowing of […]

  • “Money Doesn’t Grow On Trees… It Floats On The Ocean”

    ZeroHedge - Apr 6th 2020 1:25pm EDT

    “Money Doesn’t Grow On Trees… It Floats On The Ocean” “There’s oil all over the oceans right now. That’s where they are storing oil; we have never seen anything like that,” Trump, rather oddly bringing up such an archaic topic, said this week from the podium of the White House. “Every ship is now loaded […]

  • 3Y Auction Tails On Muted Buyer Demand Despite Unlimited Fed QE

    ZeroHedge - Apr 6th 2020 1:16pm EDT

    3Y Auction Tails On Muted Buyer Demand Despite Unlimited Fed QE Last month’s 3Y auction, which tailed by 2.7bps or the most in at least 4 years, was ugly as a result of the total chaos that hit the market in the second week of March as both the oil price war and the corona […]

  • Clarmond: The Virus Exposed That Treasury Collateral Is Anything But Stable

    ZeroHedge - Apr 6th 2020 1:10pm EDT

    Clarmond: The Virus Exposed That Treasury Collateral Is Anything But Stable Authored by Mustafa Zaidi, head of Research and Development at Clarmond Wealth My father’s dark brown attache case, with its light, soft suede interior, lay invitingly open on his bed. The case was filled with intriguing goodies for a 10yr old to examine. There […]

  • Trump Weighs Legal Action Against China Over PPE Hoarding As International ‘Mask Wars’ Heat Up

    ZeroHedge - Apr 6th 2020 12:55pm EDT

    Trump Weighs Legal Action Against China Over PPE Hoarding As International ‘Mask Wars’ Heat Up The Trump administration is considering legal action against China after leading US manufacturers of medical safety gear say Beijing has prohibited them from exporting goods in what the New York Post says was a bid to “corner the world market” […]