News From ZeroHedge, Page 2874

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  • Intolerance And Authoritarianism Accelerate Disunity And Collapse

    ZeroHedge - Sep 8th 2020 4:20pm EDT

    Intolerance And Authoritarianism Accelerate Disunity And Collapse Tyler Durden Tue, 09/08/2020 – 16:20 Authored by Charles Hugh Smith via OfTwoMinds blog, Scapegoating dissenters only hastens the disunity and disarray that accelerates the final collapse. Authoritarianism is imposed on us, but its sibling intolerance is our own doing. Intolerance and authoritarianism are two sides of the same coin: as intolerance […]

  • Crude Crushed, Tech Wrecked, Banks Battered; Bonds & Bullion Bid

    ZeroHedge - Sep 8th 2020 4:01pm EDT

    Crude Crushed, Tech Wrecked, Banks Battered; Bonds & Bullion Bid Tyler Durden Tue, 09/08/2020 – 16:01 Nasdaq futs are down 11% (correction from their highs last week), and the rest of the majors are down around 5%… This is Nasdaq’s worst 3-day performance since March. Turn the Softbank machines back on!!!! From Friday’s close, Nasdaq […]

  • Rochester Police Chief Suddenly Resigns Over “Attempt To Destroy My Character”

    ZeroHedge - Sep 8th 2020 3:45pm EDT

    Rochester Police Chief Suddenly Resigns Over “Attempt To Destroy My Character” Tyler Durden Tue, 09/08/2020 – 15:45 Rochester, NY Police Chief La’Ron Singletary said in a surprise announcement on Tuesday that he will be retiring at the age of 40 after less than 18 months on the job, after controversy erupted over the March death […]

  • House Foreign Affairs Committee Leader Call For “Investigation” Of Navalny Poisoning

    ZeroHedge - Sep 8th 2020 3:36pm EDT

    House Foreign Affairs Committee Leader Call For “Investigation” Of Navalny Poisoning Tyler Durden Tue, 09/08/2020 – 15:36 Despite President Trump’s comment on Friday that his administration “had not yet seen proof” that Alexei Navalny, the Putin critic who just emerged from a medically induced coma in a German hospital, had been poisoned – like German […]

  • Americans Pay Down Credit Cards For 5th Consecutive Month As Post-Covid Deleveraging Continues

    ZeroHedge - Sep 8th 2020 3:21pm EDT

    Americans Pay Down Credit Cards For 5th Consecutive Month As Post-Covid Deleveraging Continues Tyler Durden Tue, 09/08/2020 – 15:21 After three months of record declines, total US consumer credit posted its first increase in the month of June since the covid crisis, rising by a modest $8.9 billion, a number which has now been revised […]

  • TikTok Fails To Remove “Terrifying” Suicide Video Which Ended Up In Trending

    ZeroHedge - Sep 8th 2020 3:10pm EDT

    TikTok Fails To Remove “Terrifying” Suicide Video Which Ended Up In Trending Tyler Durden Tue, 09/08/2020 – 15:10 In case the general public needed one more reason to ban China’s spying social network, here it is: overnight, TikTok said it was working to remove graphic videos of a man taking his own life and banning […]

  • Schiff: If You Understand What Gold Is, You Should Always Have Some

    ZeroHedge - Sep 8th 2020 2:50pm EDT

    Schiff: If You Understand What Gold Is, You Should Always Have Some Tyler Durden Tue, 09/08/2020 – 14:50 Via SchiffGold.com, Peter Schiff recently appeared on RT Boom Bust with Ben Swann to talk about safe-haven assets in the age of COVID-19. Peter made the case for gold, saying if you understand its role as money, you know […]

  • Kamala Harris – Who Smeared Kavanaugh Over Debunked Sex Assault – Says She’s “Proud” Of Accused Rapist Jacob Blake

    ZeroHedge - Sep 8th 2020 2:30pm EDT

    Kamala Harris – Who Smeared Kavanaugh Over Debunked Sex Assault – Says She’s “Proud” Of Accused Rapist Jacob Blake Tyler Durden Tue, 09/08/2020 – 14:30 In September of 2018, Sen. Kamala Harris smeared then-Supreme Court nominee Brett Kavanaugh with decades-old sexual assault allegations by Christine Blasey Ford, despite the fact that all witnesses in the […]

  • Washington & Lee University To Teach Students To ‘Overthrow The State’

    ZeroHedge - Sep 8th 2020 2:10pm EDT

    Washington & Lee University To Teach Students To ‘Overthrow The State’ Tyler Durden Tue, 09/08/2020 – 14:10 Authored by Andrea Widburg via AmericanThinker.com, Washington and Lee University is a small, private liberal arts university in Western Virginia. It’s named after George Washington and Robert E. Lee, who became its president after the Civil War. As […]

  • “Lost Like $4 Million In A F**king Blink” – Barstool’s Dave Portnoy Hammered On Tech Rout

    ZeroHedge - Sep 8th 2020 1:50pm EDT

    “Lost Like $4 Million In A F**king Blink” – Barstool’s Dave Portnoy Hammered On Tech Rout Tyler Durden Tue, 09/08/2020 – 13:50 Well, that certainly escalated quickly, as the Nasdaq, and most of its highflying mega-tech components, are absolutely puking, as SoftBank’s Masayoshi Son’s massive “gamma squeeze” appears to be over and options dealers are likely dumping hundreds […]

  • Zuckerberg: Americans Need To Accept Election Result Could Take Weeks To Be Confirmed

    ZeroHedge - Sep 8th 2020 1:31pm EDT

    Zuckerberg: Americans Need To Accept Election Result Could Take Weeks To Be Confirmed Tyler Durden Tue, 09/08/2020 – 13:31 Authored by Paul Joseph Watson via Summit News, Facebook founder Mark Zuckerberg insists that Americans must get used to the idea that the election result may take “weeks” to be confirmed after voting on November 3. […]

  • Chinese Bottled Water IPO Is 1,148 Oversubscribed, Makes Founder China’s 3rd Richest Person

    ZeroHedge - Sep 8th 2020 12:55pm EDT

    Chinese Bottled Water IPO Is 1,148 Oversubscribed, Makes Founder China’s 3rd Richest Person Tyler Durden Tue, 09/08/2020 – 12:55 With US stocks suddenly in freefall, they are only now catching up to a recent bout of weakness in China where the Shanghai Composite – which has gone nowhere since early July – just dropped below […]

  • Ron Paul Pans The Fed’s “Brilliant Plan”… More Inflation And Higher Prices

    ZeroHedge - Sep 8th 2020 12:35pm EDT

    Ron Paul Pans The Fed’s “Brilliant Plan”… More Inflation And Higher Prices Tyler Durden Tue, 09/08/2020 – 12:35 Authored by Ron Paul via The Ron Paul Institute, Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning “inflation targeting” where the Fed aims to maintain a price inflation rate of up to two […]

  • Firefighters Battle New Blaze At Debris-Strewn Beirut Port 

    ZeroHedge - Sep 8th 2020 12:20pm EDT

    Firefighters Battle New Blaze At Debris-Strewn Beirut Port  Tyler Durden Tue, 09/08/2020 – 12:20 On Tuesday Beirut residents were alarmed when they saw a plume of smoke on the horizon centered at the destroyed Beirut Port, following the Aug.4 massive explosion of ammonium nitrate stores which leveled much of the city, killing hundreds and wounding over […]

  • Apple 5G Production Delay Leads Goldman To Question Valuations

    ZeroHedge - Sep 8th 2020 11:52am EDT

    Apple 5G Production Delay Leads Goldman To Question Valuations Tyler Durden Tue, 09/08/2020 – 11:52 Apple is set to begin initial 5G iPhone production in mid-September, with mass production expected by the end of the month or early October, according to the Nikkei Asian Review (NAR), citing two sources with knowledge of the matter. The problem developing, according […]

  • JPMorgan Probing Employees’ Role In PPP Program Abuse, “Illegal” Incidents

    ZeroHedge - Sep 8th 2020 11:45am EDT

    JPMorgan Probing Employees’ Role In PPP Program Abuse, “Illegal” Incidents Tyler Durden Tue, 09/08/2020 – 11:45 Last week we discussed the corruption and abuse inherent in the rollout of the Trump administration’s $659 billion taxpayer-funded PPP program, where according to a report authored by House Democrats, more than $1 billion of the money went to […]

  • In The Footsteps Of Rome: Maybe It No Longer Matters Who’s Emperor

    ZeroHedge - Sep 8th 2020 11:33am EDT

    In The Footsteps Of Rome: Maybe It No Longer Matters Who’s Emperor Tyler Durden Tue, 09/08/2020 – 11:33 Authored by Charles Hugh Smith via OfTwoMinds blog, Pretense and PR are not reality, and believing the Old Normal will magically be restored with sacrifice-free Federal Reserve printing is not an actual strategy. Quick history quiz: who […]

  • Boeing Shares Slide On Reports Of Dreamliner Delivery Slowdown Over Design Flaws 

    ZeroHedge - Sep 8th 2020 11:29am EDT

    Boeing Shares Slide On Reports Of Dreamliner Delivery Slowdown Over Design Flaws  Tyler Durden Tue, 09/08/2020 – 11:29 Boeing shares are down 4.5% on Tuesday morning following a new report via WSJ, published a day earlier during the Monday Labor Day holiday, detailing new troubles that have emerged for the Boeing 787 Dreamliner.  Now, Boeing has […]

  • Trump Weighs $100MN Personal Campaign Contribution As GOP Donors Bolt, Biden Fundraising Surges

    ZeroHedge - Sep 8th 2020 11:10am EDT

    Trump Weighs $100MN Personal Campaign Contribution As GOP Donors Bolt, Biden Fundraising Surges Tyler Durden Tue, 09/08/2020 – 11:10 If there’s one skill the mainstream media has mastered in the “Age of Trump”, it’s pushing a coordinated narrative. To mark the passing of the Labor Day holiday and the arrival of presidential campaign mania, the […]

  • There Is No Recovery

    ZeroHedge - Sep 8th 2020 10:50am EDT

    There Is No Recovery Tyler Durden Tue, 09/08/2020 – 10:50 Submitted by Tuomas Malinen of GnS economics We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts. Categorically, an economic recovery is a period of expansion, where we eventually exceed the […]

  • Nomura Warns The “Negative Gamma Tremor” Is Here

    ZeroHedge - Sep 8th 2020 10:35am EDT

    Nomura Warns The “Negative Gamma Tremor” Is Here Tyler Durden Tue, 09/08/2020 – 10:35 Well, that escalated quickly… All of a sudden, out of nowhere, the Nasdaq, and most especially its high-flying mega-tech members, are collapsing faster than an Adam Schiff narrative. No news, no earnings, no headlines… just the fact that a massively over-levered […]

  • Virtually Insane: School Sends Police To Home After Child Shows A Clearly Fake Gun During Online Class

    ZeroHedge - Sep 8th 2020 10:21am EDT

    Virtually Insane: School Sends Police To Home After Child Shows A Clearly Fake Gun During Online Class Tyler Durden Tue, 09/08/2020 – 10:21 Authored by Jonathan Turley, We have previously followed the suspensions and discipline of students under zero tolerance policies that are used by teachers to justify zero judgment or responsibility. I have long […]

  • Oil Plunges 5%, Biggest Drop Since June

    ZeroHedge - Sep 8th 2020 10:08am EDT

    Oil Plunges 5%, Biggest Drop Since June Tyler Durden Tue, 09/08/2020 – 10:08 With growth stocks getting pummeled, one would think that there is at least some rotation out of growth and into value sectors. Alas, one would be wrong, because the core commodity behind so many “value” strategies, oil, is plunging even more than […]

  • Washington Slaps Import Bans On Chinese Companies Using “Forced Labor” From Imprisoned Muslims

    ZeroHedge - Sep 8th 2020 10:01am EDT

    Washington Slaps Import Bans On Chinese Companies Using “Forced Labor” From Imprisoned Muslims Tyler Durden Tue, 09/08/2020 – 10:01 Washington has announced its latest move to punish Chinese CCP officials and mainland-based companies for enabling human rights abuses in Xinjiang, the far-western region where as many as 1 million Chinese Uighur (a Muslim minority group) […]

  • Shots Fired On India-China Flashpoint Border As Deescalation Talks Crumble

    ZeroHedge - Sep 8th 2020 9:57am EDT

    Shots Fired On India-China Flashpoint Border As Deescalation Talks Crumble Tyler Durden Tue, 09/08/2020 – 09:57 China and India have each accused the other of firing shots across the border along the contested Line of Actual Control (LAC) in the high altitude flashpoint region of Ladakh.  Line of Actual Control Beijing charged India with a “severe […]