“Main Street Is Struggling Severely” – Nouriel Roubini Warns Wall Street Euphoria Ignores Main Street Crash Tyler Durden Mon, 08/24/2020 – 10:20 Speaking on Bloomberg Television Friday, Nouriel Roubini warned the stock market is completely disconnected from the dire economic outlook of a waning recovery amid continued depressionary pressures. Roubini told “Bloomberg Surveillance” the global economy is slowing, and […]
As More Children Learn From Home, The State Is Cracking Down On ‘Virtual Truancy’ Tyler Durden Mon, 08/24/2020 – 10:00 Authored by Kerry McDonald via FEE.org/The Libertarian Institute, As remote learning creates more distance between school districts and students, school and state officials are clinging to control however they can. From sending Child Protective Services […]
Private Equity Will Soon Know Which Of Your Ancestors Owned Slaves Tyler Durden Mon, 08/24/2020 – 09:45 With Main Street still largely in disarray, despite the billions of dollars left in Fed-backed lending programs for small and medium-sized businesses and Ice Cube asking “where’s our f**king bailout?”, we imagine the millions of newly impoverished Americans […]
Small Caps Just Puked All Their Overnight Gains At The Open Tyler Durden Mon, 08/24/2020 – 09:44 After all major indices rose almost tick for tick overnight following the COVID treatment headlines, the cash market open has seen a very aggressive flush in Small Caps (into the red) and bid for Nasdaq as the growth/value […]
Key Events In The Coming Week: All Eyes On Jackson Hole Tyler Durden Mon, 08/24/2020 – 09:29 With earnings season now over, looking at the week ahead the highlight will be the Jackson Hole gathering on Thursday and Friday, where central bankers will be meeting (virtually this year) for the annual economic symposium. This theme […]
Luongo Exposes Dems’ Strategy: Use COVID To Destroy Everything, Blame Trump Tyler Durden Mon, 08/24/2020 – 09:15 Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, I was asked for comments by Sputnik News the other day about Democratic Nominee Joe Biden’s assertion he would lock down the entire country if the scientists told […]
Tropical Storms Marco, Laura Set To Strike Louisiana Within 48-Hours Of Each Other Tyler Durden Mon, 08/24/2020 – 09:00 Two tropical storms, Marco and Laura, are traversing the Gulf of Mexico Monday morning with both expected to make landfall in Lousiana early this week. According to the National Hurricane Center (NHC), Marco, which strengthened Sunday to a Category 1 […]
Apple Soars Over $500: Adds Another $65BN In Market Cap On Morgan Stanley Price Target Hike Tyler Durden Mon, 08/24/2020 – 08:45 We thought that the Apple levitation would end on Friday ahead of Monday’s 4:1 stock split record date (because in this market stock splits are bullish) which is scheduled to take place on […]
“This Isn’t Entirely Healthy…” Tyler Durden Mon, 08/24/2020 – 08:30 Authored by Richard Breslow via Bloomberg, The annual Federal Reserve economic gathering is this week. No fly fishing, just login credentials, this year. We’ve become accustomed to expect this event to be an enormously seminal event where something will be told to us to that […]
New Jersey Rep Slams Dems’ USPS Bailout Bill For “Making It Easier To Sue The Post Office” Tyler Durden Mon, 08/24/2020 – 08:15 The House Democrats’ $25 billion bill funding for the USPS, passed after Pelosi “bravely” defied convention and called lawmakers in on a Saturday so that 26 Republicans could join all the Dems […]
Futures Soars Above 3,400 To All Time High On Covid Plasma Treatment Approval Tyler Durden Mon, 08/24/2020 – 07:58 You knew it was coming when Trump scheduled his news conference to announce the FDA’s emergency authorization for convalescent plasma as a treatment for Covid-19 at 530pm on Sunday afternoon, half an hour before futures opened, […]
Ardern Extends Auckland Lockdown As Global Cases, Deaths Decline: Live Updates Tyler Durden Mon, 08/24/2020 – 07:50 Summary: Ardern extends Auckland lockdown by 4 days India reports 61k+ new cases South Korea reports 266 new cases, highest since March China reports 16 new ‘imported’ cases Victoria reports 116 new cases * * * Perhaps the […]
WHO Chief ‘Hopes’ “Once-In-A-Century Health Crisis” Will End In Two Years Tyler Durden Mon, 08/24/2020 – 05:30 The current “slow burn” nature of COVID-19’s spread in the United States and beyond has resulted in numerous predictions of late over just how long until a return to “normal” – with some even saying there will never actually […]
Global Bankruptcies Soar Despite Trillions In Liquidity Tyler Durden Mon, 08/24/2020 – 05:00 Authored by Daniel Lacalle, Misguided lockdowns have destroyed the global economy and the impact is likely to last for years. The fallacy of the “lives or the economy” argument is evident now that we see that countries like Taiwan, South Korea, Austria, […]
A Slippery Patch In World Affairs Tyler Durden Mon, 08/24/2020 – 03:30 Authored by Amir Taheri via The Gatestone Institute, “The world has stepped into a slippery patch, and we need to steady it.” This is how Benjamin Disraeli saw the international scene in the early 1880s. André Maurois, the French biographer of the British […]
“Get On With Your Lives!” – Oxford Professor Says “People Have Become Overly Frightened” Of COVID-19 Tyler Durden Mon, 08/24/2020 – 02:45 Even though BoJo’s system of localized COVID-19 measures seems to be working, the unrelenting hysteria peddled by the British press has left millions of Britons traumatized. Now, Carl Heneghan, a professor of Evidence-based […]
New Ebola Outbreak Reported In Congo, WHO Alarmed Tyler Durden Mon, 08/24/2020 – 02:00 Authored by Jack Philips via The Epoch Times, A new outbreak of the Ebola virus has infected 100 people in the Democratic Republic of the Congo in Equateur Province, according to the World Health Organization (WHO), which said several dozen people have died. The outbreak was […]
The Thin Veneer Of American Civilization… Has Been Blown Away Tyler Durden Mon, 08/24/2020 – 00:00 Authored by Victor Davis Hanson via NationalReview.com, In a flash, it’s been blown away, revealing the barbarism beneath. The seeds of destruction were planted long ago… Nine months ago, New York was a thriving, though poorly governed, metropolis. It […]
Gun And Ammo Sales Surge As America Transforms Into Violent Mess Tyler Durden Sun, 08/23/2020 – 23:30 Purchasing a gun is difficult these days, especially since demand is soaring as concerned Americans are arming up as the country transforms into a violent mess. Readers have already been briefed, on multiple occasions, of the developing ammo […]
Conways Announcement: KellyAnne Leaving White House And George Withdrawing From The Lincoln Project Tyler Durden Sun, 08/23/2020 – 23:16 Authored by Sara Carter via saraacarter.com White House Senior Advisor KellyAnne Conway and her husband anti-Trump Lincoln Project founder and lawyer George Conway made a stunning announcement Sunday night that both were leaving their very public […]
Managing The Narrative Tyler Durden Sun, 08/23/2020 – 23:00 Authored by Philip Giraldi, Some Americans continue to believe that when they go to the internet they will get a free flow of useful information that will guide them in making decisions or coming to conclusions about the state of the world. That conceit might have […]
Colorado Debuts Weed-Vending Machines Tyler Durden Sun, 08/23/2020 – 22:30 A weed vending machine, the first of its kind, recently debuted at Strawberry Fields dispensary in Pueblo, Colorado, allows Coloradans to purchase cannabis in a contactless environment, reported The Know. Matt Frost, the founder and CEO of Anna, the company behind the vending machines, said these “tricked out vending machines” are […]
Media Deems Cashless Society A “Conspiracy Theory” (After Admonishing Cash Use) Tyler Durden Sun, 08/23/2020 – 22:00 Authored by Gavin Wax via HumanEvents.com, Before there was a coin shortage, cash was under attack in the media, and ridiculously hailed as a COVID-19 hazard. Now, it seems that news outlets have pivoted to making sure the public […]
US Default Bomb Goes Off: 2020 Will Have A Record Number Of Large Corporate Bankruptcies Tyler Durden Sun, 08/23/2020 – 21:30 The disconnect between the all time highs in the stock market and the broader economy has never been greater (with even Janet Yellen, one of the main architects of this disconnect, agreeing), and one […]
New York City Is Dead And It’s “Only Going To Get Worse” Tyler Durden Sun, 08/23/2020 – 21:00 Authored by Paul Joseph Watson via Summit News, Former hedge fund manager and entrepreneur James Altucher says New York City is dead and it’s not coming back. Born and bred in New York, Altucher took his family […]
- Aug 9th 2025 5:17pm EDT