News From ZeroHedge, Page 2859

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  • “We Need China To Move”: Senator Proposes Stripping China’s Most-Favored-Nation Status

    ZeroHedge - Sep 15th 2020 9:10am EDT

    “We Need China To Move”: Senator Proposes Stripping China’s Most-Favored-Nation Status Tyler Durden Tue, 09/15/2020 – 09:10 By Michael Every of Rabobank Chinese data for August show it is moving again. Industrial production was up 5.6% y/y, above the 5.1% consensus; retail sales were up 0.5% y/y vs. flat consensus (though still -8.6% year-to-date); fixed-asset […]

  • “Effectively Uninsurable”: Tesla Goes Shopping For D&O Insurance, But Forced To Exclude Elon Musk From Policy

    ZeroHedge - Sep 15th 2020 8:55am EDT

    “Effectively Uninsurable”: Tesla Goes Shopping For D&O Insurance, But Forced To Exclude Elon Musk From Policy Tyler Durden Tue, 09/15/2020 – 08:55 In addition to being the company’s D&O insurance, Elon Musk now appears to be the reason why Tesla can’t get D&O insurance. Recall, back in April we wrote about (now $300 billion plus) Tesla […]

  • The New Battle Of Britain

    ZeroHedge - Sep 15th 2020 8:39am EDT

    The New Battle Of Britain Tyler Durden Tue, 09/15/2020 – 08:39 Authored by Bill Blain via The Morning Porridge, “Never so much owed to so few.” Today is the 80th anniversary of the climax of The Battle of Britain. After weeks trying to win air superiority and clobbering 11 Group airfields, the Luftwaffe were given […]

  • US Import/Export Prices Improve In August, Remain Deflationary YoY

    ZeroHedge - Sep 15th 2020 8:35am EDT

    US Import/Export Prices Improve In August, Remain Deflationary YoY Tyler Durden Tue, 09/15/2020 – 08:35 Despite some v-shaped recovering (with a small ‘v’), US Import and Export YoY prices remain deep in deflationary territory in August. Import prices rose 0.9% MoM (well above the 0.5% expected) and Export prices rose 0.5% MoM (also better than […]

  • “I’ve Never Seen Anything Like This”: Shippers Using West Coast Ports Can’t Book Rail On BNSF And Union Pacific

    ZeroHedge - Sep 15th 2020 8:19am EDT

    “I’ve Never Seen Anything Like This”: Shippers Using West Coast Ports Can’t Book Rail On BNSF And Union Pacific Tyler Durden Tue, 09/15/2020 – 08:19 By Stas Margaronis of AJot Insights, A Northern California logistics consultant was unable to book containers on the Burlington Northern Santa Fe (BNSF) or Union Pacific (UP) railroads for the […]

  • Bill Gates Slams FDA, Doubts Agency Can Be Trusted With COVID-19 Vaccine

    ZeroHedge - Sep 15th 2020 8:04am EDT

    Bill Gates Slams FDA, Doubts Agency Can Be Trusted With COVID-19 Vaccine Tyler Durden Tue, 09/15/2020 – 08:04 Bill Gates just ratcheted up his PR campaign to sow doubts about President Trump’s alleged ‘political meddling’ with the FDA, while also placing him in league – if only temporarily – with the vaccine skeptics Gates frequently […]

  • Futures Power Higher On Upbeat Chinese, German Data

    ZeroHedge - Sep 15th 2020 7:59am EDT

    Futures Power Higher On Upbeat Chinese, German Data Tyler Durden Tue, 09/15/2020 – 07:59 US equity futures and world stocks continued their ramp higher on Tuesday following upbeat German and Chinese data showed the economic recovery was gaining traction, coupled with the usual optimism about coronavirus vaccines while the struggling dollar kept the hot streaks […]

  • Hurricane Sally Could Unleash “Historic Flooding” Across Gulf Coast States 

    ZeroHedge - Sep 15th 2020 7:18am EDT

    Hurricane Sally Could Unleash “Historic Flooding” Across Gulf Coast States  Tyler Durden Tue, 09/15/2020 – 07:18 Hurricane Sally continues to slowly churn as it nears the Gulf Coast Tuesday, moving west-northwest at two mph, with maximum sustained winds are 85 mph, down from 100 mph on Monday evening.  Sally’s center is positioned near the coast of southeastern Louisiana […]

  • China Seals Off Border City Of 200,000 After 2 “Illegal Immigrants” From Myanmar Test Positive: Live Updates

    ZeroHedge - Sep 15th 2020 6:49am EDT

    China Seals Off Border City Of 200,000 After 2 “Illegal Immigrants” From Myanmar Test Positive: Live Updates Tyler Durden Tue, 09/15/2020 – 06:49 Coronavirus cases in the US have popped back above the 30k/day market this week as the world rockets toward the next major milestone number: 30 million. At the current rate of about […]

  • The COVID State Of The Unions

    ZeroHedge - Sep 15th 2020 6:30am EDT

    The COVID State Of The Unions Tyler Durden Tue, 09/15/2020 – 06:30 When the European Union reopened its borders to non-members on July 1, the United States found itself on the list of countries excluded from the lifting of travel restrictions. Due to its relative failure to control the spread of COVID-19, the U.S. didn’t meet the […]

  • Liquidity Boom Fueled By Record Stimulus Has Ended: Equity Market Vulnerable

    ZeroHedge - Sep 15th 2020 6:00am EDT

    Liquidity Boom Fueled By Record Stimulus Has Ended: Equity Market Vulnerable Tyler Durden Tue, 09/15/2020 – 06:00 By Joseph Carson, former chief economist of Alliance Bernstein The liquidity boom fueled from record fiscal and monetary stimulus has disappeared. The unwind process will be uneven just as it was uneven on the upside when record stimulus […]

  • US Railroad Traffic Posts First Annual Jump Since The Start Of 2020

    ZeroHedge - Sep 15th 2020 5:30am EDT

    US Railroad Traffic Posts First Annual Jump Since The Start Of 2020 Tyler Durden Tue, 09/15/2020 – 05:30 U.S. railroads just posted their first annual traffic gain in a very long time: according to Railway Age, for the week ending September 5, 2020, a surge of nearly 25% y/y in intermodal loadings more than offset […]

  • 6 Ways Germany Could Kill The Nord Stream 2 Pipeline

    ZeroHedge - Sep 15th 2020 5:00am EDT

    6 Ways Germany Could Kill The Nord Stream 2 Pipeline Tyler Durden Tue, 09/15/2020 – 05:00 Authored by America Hernandez via Politico.eu, Germany has multiple options if it decides to try and halt the project, but they carry costs… There’s growing pressure on Germany to rethink its support for the Russia-backed Nord Stream 2 pipeline project, but […]

  • “A Friend Is In Trouble”: Lukashenko Urges Putin To Prepare Armies To Resist External Aggression

    ZeroHedge - Sep 15th 2020 4:15am EDT

    “A Friend Is In Trouble”: Lukashenko Urges Putin To Prepare Armies To Resist External Aggression Tyler Durden Tue, 09/15/2020 – 04:15 Among the most interesting and bellicose comments to come out of Putin’s meeting with embattled Belarusian President Alexander Lukashenko in Sochi on Monday related to future cooperation between the countries’ armies. Lukashenko urged that both countries prepare to resist […]

  • US & Greece Hold Joint Tank Drills Near Turkish Border: Greek Media

    ZeroHedge - Sep 15th 2020 3:30am EDT

    US & Greece Hold Joint Tank Drills Near Turkish Border: Greek Media Tyler Durden Tue, 09/15/2020 – 03:30 Via AlMasdarNews.com, Greece, in conjunction with the United States, will begin a five-day military exercise using tanks on Monday near the land border with Turkey. According to the Greek newspaper Ethnos, the joint Greek-American tank exercises will […]

  • Outrage As Raw Sewage From US Embassy & NATO Regularly Dumped Into Kabul River

    ZeroHedge - Sep 15th 2020 2:45am EDT

    Outrage As Raw Sewage From US Embassy & NATO Regularly Dumped Into Kabul River Tyler Durden Tue, 09/15/2020 – 02:45 The US state-funded Department of Defense newspaper Stars and Stripes is out with a surprising report sure to add more fuel to the fire regarding America’s nearly two-decade long occupation of Afghanistan.  The weekend report found […]

  • The Lie Of Rwanda & America’s “Doing Nothing” As Genocide Unfolded

    ZeroHedge - Sep 15th 2020 2:00am EDT

    The Lie Of Rwanda & America’s “Doing Nothing” As Genocide Unfolded Tyler Durden Tue, 09/15/2020 – 02:00 Authored by Jared Wall via The Libertarian Institute, When Barack Obama launched his war against Libya in 2011, a war that resulted in a bloody chaos that continues to this day, Susan Rice and Samantha Power both invoked the memory of Rwanda as […]

  • Stop The Coup!

    ZeroHedge - Sep 14th 2020 11:40pm EDT

    Stop The Coup! Tyler Durden Mon, 09/14/2020 – 23:40 Via The American Mind, Michael Anton’s new article “The Coming Coup?” went viral almost as soon as we posted it a week ago today. This is not simply because figures like Lara Logan, Mollie Hemingway, Newt Gingrich, Dan Bongino, and the editors of the New York Post took note. It spread because […]

  • Who’s The Most Popular YouTuber In Every Country?

    ZeroHedge - Sep 14th 2020 11:20pm EDT

    Who’s The Most Popular YouTuber In Every Country? Tyler Durden Mon, 09/14/2020 – 23:20 Forgot about becoming an astronaut – these days, kids are three times more likely to dream of becoming a professional YouTuber. And as Visual Capitalist’s Carmen Ang details below, who can blame them? With a big enough fan base, vlogging can be a […]

  • What I Learned About COVID-Merica Across 8,550 Miles

    ZeroHedge - Sep 14th 2020 11:00pm EDT

    What I Learned About COVID-Merica Across 8,550 Miles Tyler Durden Mon, 09/14/2020 – 23:00 Authored by Chuck Raasch via RealClearPolitica.com, It was the final August morning in a rented cabin on a South Dakota lake, and as half a dozen family members sat talking and overlooking the water’s placid glass surface, a visitor interrupted the […]

  • Chinese Econ Data Beats Across The Board: Retail Sector Grows For The First Time In 2020; Yuan Soars

    ZeroHedge - Sep 14th 2020 10:54pm EDT

    Chinese Econ Data Beats Across The Board: Retail Sector Grows For The First Time In 2020; Yuan Soars Tyler Durden Mon, 09/14/2020 – 22:54 Following another month of strong, expansionary PMIs, the latest Chinese hard data joined the soft data in beating consensus expectations, with Beijing reporting its monthly data dump moments ago which saw […]

  • Louis Vuitton To Release “Ridiculously High-Priced” Face Shields For Rich People 

    ZeroHedge - Sep 14th 2020 10:40pm EDT

    Louis Vuitton To Release “Ridiculously High-Priced” Face Shields For Rich People  Tyler Durden Mon, 09/14/2020 – 22:40 One of the biggest accessory trends to come out of the virus pandemic has been personal protective equipment, or commonly known by many as “PPE.” Luxury designer Louis Vuitton has jumped on the PPE trend and will release a $961 […]

  • As Afghanistan Peace Talks Begin, Mish Asks “Why Bother? Just Leave!”

    ZeroHedge - Sep 14th 2020 10:20pm EDT

    As Afghanistan Peace Talks Begin, Mish Asks “Why Bother? Just Leave!” Tyler Durden Mon, 09/14/2020 – 22:20 Authored by Mike Shedlock via MishTalk, The US is in peace talks with the Taliban. Concerns mount. Will the Taliban Hold Up Their End of the Deal? Here is the wrong question: Will the Taliban Hold Up Their End […]

  • Massive Lines Form Outside Virginia Food Bank As Demand Hits One Million Meals Per Month

    ZeroHedge - Sep 14th 2020 10:00pm EDT

    Massive Lines Form Outside Virginia Food Bank As Demand Hits One Million Meals Per Month Tyler Durden Mon, 09/14/2020 – 22:00 The economic recovery has stalled, and in some cases, reversed. The $600 unemployment benefits that Americans received following the virus pandemic that crashed the economy in March-April expired on July 31, which means a fiscal cliff has been underway […]

  • Peter Schiff: The Fed Set The Fiercest Wildfire

    ZeroHedge - Sep 14th 2020 9:40pm EDT

    Peter Schiff: The Fed Set The Fiercest Wildfire Tyler Durden Mon, 09/14/2020 – 21:40 Via SchiffGold.com, Wildfires are raging out of control in western states doing millions of dollars in damage and disrupting countless lives. In a recent podcast, Peter Schiff said the Federal Reserve has set an even fiercer wildfire – inflation. And we […]