News From ZeroHedge, Page 2907

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  • Texas A&M Prof, NASA Researcher Arrested For Alleged China Ties

    ZeroHedge - Aug 24th 2020 6:25pm EDT

    Texas A&M Prof, NASA Researcher Arrested For Alleged China Ties Tyler Durden Mon, 08/24/2020 – 18:25 Authored by Ben Zeisloft via Campus Reform, Texas A&M professor and NASA researcher Zhengdong Cheng was arrested Sunday for alleged conspiracy, false statements, and wire fraud. According to a United States Department of Justice press release, Cheng allegedly “willfully took steps […]

  • Leon Cooperman: “The Fed Has Created A Speculative Bubble”

    ZeroHedge - Aug 24th 2020 6:08pm EDT

    Leon Cooperman: “The Fed Has Created A Speculative Bubble” Tyler Durden Mon, 08/24/2020 – 18:08 Billionaire hedge fund investor Leon Cooperman is perhaps best known for appearing on CNBC every time there is a modest selloff to blame the algos that “wreak havoc” to the downside, if ignoring when the same algos relentlessly push stocks […]

  • In Historic Reshuffling, Exxon, Pfizer & Raytheon Kicked Out Of Dow Jones Industrial Average, Replaced By Saleforce, Amgen & Honeywell

    ZeroHedge - Aug 24th 2020 5:55pm EDT

    In Historic Reshuffling, Exxon, Pfizer & Raytheon Kicked Out Of Dow Jones Industrial Average, Replaced By Saleforce, Amgen & Honeywell Tyler Durden Mon, 08/24/2020 – 17:55 In a historic reorganization of some of the Dow Jones “Industrial” Average’s key consitutents, moments ago S&P Dow Jones Indices announced that energy giant, and the world’s largest company […]

  • Wisconsin Governor Sending National Guard To Kenosha

    ZeroHedge - Aug 24th 2020 5:49pm EDT

    Wisconsin Governor Sending National Guard To Kenosha Tyler Durden Mon, 08/24/2020 – 17:49 Authored by Zachary Stieber via The Epoch Times, National Guard members are rushing to Kenosha to help patrol city streets in the wake of rioting overnight Sunday. Wisconsin Gov. Tony Evers announced that 125 members will be in the city by Monday night “to […]

  • Daily Briefing – August 24, 2020

    ZeroHedge - Aug 24th 2020 5:41pm EDT

    Daily Briefing – August 24, 2020 Tyler Durden Mon, 08/24/2020 – 17:41 Real Vision senior editor Ash Bennington hosts managing editor Ed Harrison to make sense of a series of financial news stories — from the so-called “K-shaped” recovery to the struggles American college towns are facing to Facebook CEO Mark Zuckerberg’s ringing the alarm […]

  • “The General Public Gets It”: Sheila Bair Blasts Fed For Creating Income Inequality, Slams Politicians For Keeping Silent

    ZeroHedge - Aug 24th 2020 5:25pm EDT

    “The General Public Gets It”: Sheila Bair Blasts Fed For Creating Income Inequality, Slams Politicians For Keeping Silent Tyler Durden Mon, 08/24/2020 – 17:25 Since its inception, this website has preached that at the root of all evil in US – and frankly any other society which prints its own currency – is the central […]

  • Illinois Worsens Retirement Home Deaths Fiasco With More Failed Executive Orders

    ZeroHedge - Aug 24th 2020 5:05pm EDT

    Illinois Worsens Retirement Home Deaths Fiasco With More Failed Executive Orders Tyler Durden Mon, 08/24/2020 – 17:05 Authored by Ted Dabrowski and John Klingner via Wirepoints.org, The failure to protect retirement home residents from COVID-19 is one the biggest failures of Gov. J.B. Pritzker administration’s handling of the pandemic. Questions have been raised repeatedly by Wirepoints and others on whether […]

  • Kamala Harris Furiously Backpedals Over Eliminating Private Health Insurance

    ZeroHedge - Aug 24th 2020 4:45pm EDT

    Kamala Harris Furiously Backpedals Over Eliminating Private Health Insurance Tyler Durden Mon, 08/24/2020 – 16:45 Sen. Kamala Harris (D-CA) slick-talked her way around the topic of eliminating private health insurance, after she received gentle pushback from ABC News’ David Muir over her false claim that she doesn’t want to eliminate private health insurance. “I ask […]

  • Confessions Of A Reluctant Gold Investor

    ZeroHedge - Aug 24th 2020 4:25pm EDT

    Confessions Of A Reluctant Gold Investor Tyler Durden Mon, 08/24/2020 – 16:25 Authored by Michael Maharrey via SchiffGold.com, Vitaliy Katsenelson serves as the chief investment officer at Investment Management Associates in Denver. In an article he wrote for MarketWatch, he admits his company has resisted buying gold in the past. But the company is buying gold now. Why? In […]

  • AAPLocalypse Now? Nasdaq & S&P Hit Record Highs, Bonds & Bullion Slide

    ZeroHedge - Aug 24th 2020 3:59pm EDT

    AAPLocalypse Now? Nasdaq & S&P Hit Record Highs, Bonds & Bullion Slide Tyler Durden Mon, 08/24/2020 – 15:59 As the anticipated splits of AAPL and TSLA loom, both stocks hit new record highs today (before dumping and pumping.,, and dumping)… AAPL hit a new record high at $515 today… TSLA hit a new record high […]

  • Opaque Level 3 Assets Mysteriously Rose In Value 20% For Major Banks During COVID Crisis

    ZeroHedge - Aug 24th 2020 3:30pm EDT

    Opaque Level 3 Assets Mysteriously Rose In Value 20% For Major Banks During COVID Crisis Tyler Durden Mon, 08/24/2020 – 15:30 The most difficult to value opaque assets on a bank’s books – called Level 3 assets – rose by more than 20% for lenders like Barclays Plc, Citigroup Inc., BNP Paribas SA and Societe Generale SA […]

  • Peter Schiff: Main Street’s Pain Is Wall Street’s Gain

    ZeroHedge - Aug 24th 2020 3:14pm EDT

    Peter Schiff: Main Street’s Pain Is Wall Street’s Gain Tyler Durden Mon, 08/24/2020 – 15:14 Via SchiffGold.com, The Nasdaq and S&P500 made new all-time highs last week. That leads many people to believe the economy must be doing OK. But as Peter Schiff explained in his podcast, the very thing that’s helping Wall Street boom […]

  • Hong Kong Confirms First Case Of COVID-19 Reinfection Anywhere In The World

    ZeroHedge - Aug 24th 2020 3:00pm EDT

    Hong Kong Confirms First Case Of COVID-19 Reinfection Anywhere In The World Tyler Durden Mon, 08/24/2020 – 15:00 Remember when the ‘experts’ warned that there was no credible evidence of coronavirus reinfection, claiming the notion that patients can be reinfected with the virus is categorically absurd? Well, since then, it looks like the New York […]

  • The State Of California Is Never Going To Be The Same After This…

    ZeroHedge - Aug 24th 2020 2:44pm EDT

    The State Of California Is Never Going To Be The Same After This… Tyler Durden Mon, 08/24/2020 – 14:44 Authored by Michael Snyder via The Economic Collapse blog, The state of California sure has been through a lot this year.  The COVID-19 pandemic hit the state particularly hard, fear of the virus sent the unemployment […]

  • “It’s Getting Worse With Every Shock” – One Bank Turns Apocalyptic On The Coming End-Game

    ZeroHedge - Aug 24th 2020 2:30pm EDT

    “It’s Getting Worse With Every Shock” – One Bank Turns Apocalyptic On The Coming End-Game Tyler Durden Mon, 08/24/2020 – 14:30 In what can be described as Bank of America at its most apocalyptic, the bank’s currency strategist Athansios Vamvakidis takes us on a tour de force of where we’ve been, going through what comes […]

  • Convicted Killer Scott Peterson Spared Death Penalty By California Supreme Court

    ZeroHedge - Aug 24th 2020 1:55pm EDT

    Convicted Killer Scott Peterson Spared Death Penalty By California Supreme Court Tyler Durden Mon, 08/24/2020 – 13:55 Citing impermissible trial court errors made during the jury selection process, the California state Supreme Court has just thrown out the death sentence of Scott Peterson, one of the greatest tabloid villains of the 2000s. Peterson was convicted […]

  • New Robinhood Traders Are Getting Their Stock Market Education From TikTok “Rattlesnakes”

    ZeroHedge - Aug 24th 2020 1:40pm EDT

    New Robinhood Traders Are Getting Their Stock Market Education From TikTok “Rattlesnakes” Tyler Durden Mon, 08/24/2020 – 13:40 In what is undoubtedly an egregious case of “the blind leading the blind”, new Robinhood traders are now getting their investing education from TikTok influencers who are – needless to say – not investing professionals. Not only […]

  • Platts: 4 Commodity Charts To Watch This Week

    ZeroHedge - Aug 24th 2020 1:25pm EDT

    Platts: 4 Commodity Charts To Watch This Week Tyler Durden Mon, 08/24/2020 – 13:25 Via S&P Global Platts Insight blog, US drilling activity has top billing in S&P Global Platts editors’ pick of commodities trends this week. Plus, LNG netbacks, China-US energy trade, and EU carbon prices. 1. Permian oil rig count reaches 11-year low […]

  • “F**K Danbury” – Connecticut Mayor Names Sewage Treatment Plant After Comedian John Oliver

    ZeroHedge - Aug 24th 2020 1:05pm EDT

    “F**K Danbury” – Connecticut Mayor Names Sewage Treatment Plant After Comedian John Oliver Tyler Durden Mon, 08/24/2020 – 13:05 The Connecticut city formerly best known as “dirty Danbury” – perhaps previously best known for the name of the nearby women’s prison where “Orange is the New Black”‘s author served her sentence – is back in […]

  • The 4% Rule Is Dead. What Should Retirees Do Now?

    ZeroHedge - Aug 24th 2020 12:45pm EDT

    The 4% Rule Is Dead. What Should Retirees Do Now? Tyler Durden Mon, 08/24/2020 – 12:45 Authored by Lance Roberts via RealInvestmentAdvice.com, The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their […]

  • ‘Definitely Not A Cult’: There Is Now A Dating App Exclusively For Tesla Owners In Development

    ZeroHedge - Aug 24th 2020 12:25pm EDT

    ‘Definitely Not A Cult’: There Is Now A Dating App Exclusively For Tesla Owners In Development Tyler Durden Mon, 08/24/2020 – 12:25 As Tesla eclipses $2000 per share and a nearly $400 billion fully diluted market cap, the obligatory jokes about the company being a “cult stock” will likely echo louder than they ever have.  […]

  • For First Time, Iran’s Nuclear Agency Confirms Natanz Facility Blast Was “Sabotage Operations”

    ZeroHedge - Aug 24th 2020 11:55am EDT

    For First Time, Iran’s Nuclear Agency Confirms Natanz Facility Blast Was “Sabotage Operations” Tyler Durden Mon, 08/24/2020 – 11:55 For the first time, a top Iranian nuclear official has described the July 2nd fire at Natanz nuclear facility as sabotage, and not due to an accident. “The explosion at Natanz nuclear facility was a result of […]

  • TikTok To Sue Trump Administration On Monday Over Threatened Ban

    ZeroHedge - Aug 24th 2020 11:43am EDT

    TikTok To Sue Trump Administration On Monday Over Threatened Ban Tyler Durden Mon, 08/24/2020 – 11:43 As first discussed two weeks ago, TikTok said on Monday that “we simply have no choice” but to sue the Trump administration over U.S. President Donald Trump’s executive order banning transactions in the United States with the popular short-form […]

  • 3 Reasons Why Oil Prices Won’t Rally Anytime Soon

    ZeroHedge - Aug 24th 2020 11:40am EDT

    3 Reasons Why Oil Prices Won’t Rally Anytime Soon Tyler Durden Mon, 08/24/2020 – 11:40 Authored by Alex Kimani via OilPrice.com, It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of positive news including declining inventories and reports that OPEC+  producers have mostly […]

  • Morgan Stanley Warns “The First Tradable Correction Could Begin Imminently”

    ZeroHedge - Aug 24th 2020 11:05am EDT

    Morgan Stanley Warns “The First Tradable Correction Could Begin Imminently” Tyler Durden Mon, 08/24/2020 – 11:05 Earlier this year, Morgan Stanley’s Michael Wilson was the first sellside strategist to turn aggressively bullish on the market, after correctly holding on to a contrarian bearish bet for the prior year, expecting that the flood of central bank […]