Market Euphoria, Global Slowdown
ZeroHedge - Feb 19th 2020 8:55am ESTMarket Euphoria, Global Slowdown Authored by Daniel Lacalle via DLacalle.com, We are in very interesting times. We live what is probably the most surprising bull market in history. Excess of demand-side policies, massive liquidity injections, and low rates have zombified the economy and driven debt to all-time highs, while the economic slowdown is evident. In the eurozone, the mirage of macroeconomic […]
US Producer Prices Rise At Fastest Pace In 9 Months As Service Costs Soar
ZeroHedge - Feb 19th 2020 8:47am ESTUS Producer Prices Rise At Fastest Pace In 9 Months As Service Costs Soar US Producer Prices spike 0.5% MoM in January, sending the Final Demand data up 2.1% YoY -the hottest inflationary print since April 2019. Source: Bloomberg Producer prices excluding food, energy, and trade services – a measure preferred by economists because it strips […]
Chipping Away At The Market’s Omnipotence
ZeroHedge - Feb 19th 2020 8:25am ESTChipping Away At The Market’s Omnipotence Authored by Sven Henrich via NorthmanTrader.com, $AAPL, the largest tech stock on the planet, pounds out a revenue warning and $NDX makes new all time highs. Ha ha. Poor bears, if you can’t take advantage of the shutting down of the 2nd largest economy and a revenue warning from […]
International 1MDB Fugitive Jho Low Spotted In Wuhan
ZeroHedge - Feb 19th 2020 8:10am ESTInternational 1MDB Fugitive Jho Low Spotted In Wuhan Fugitives are known for traveling to far-flung and infrequently visited locales to escape justice (think: Jesse Pinkman). But a virus-infested city surrounded by the PLA, local police and roving gangs of state-backed vigilantes doesn’t exactly sound like the most appealing locale – even if you’ve allegedly been […]
Global Stocks, Futures Jump On Hope China Will Bailout Its Airline Sector
ZeroHedge - Feb 19th 2020 7:49am ESTGlobal Stocks, Futures Jump On Hope China Will Bailout Its Airline Sector Global stocks reversed Tuesday’s losses and rose on Wednesday after fresh “hope and optimism”TM emerged that China is getting closer to containing the coronavirus epidemic and that Beijing may be planning further measures to support its economy reeling from the virus-induced crash. The yen weakened […]
Iran Confirms First 2 Cases Of COVID-19; ‘Diamond Princess’ Confirms 79 More Cases As Quarantine Ends
ZeroHedge - Feb 19th 2020 6:59am ESTIran Confirms First 2 Cases Of COVID-19; ‘Diamond Princess’ Confirms 79 More Cases As Quarantine Ends Tehran is not having a good year. First, President Trump rang in the new decade by barbecuing the leader of the IRGC Quds Force. In response, Iran killed zero Americans but accidentally shot down a Ukrainian passenger plane, killing […]
China Expels 3 WSJ Reporters Over “Racist” Opinion Piece
ZeroHedge - Feb 19th 2020 6:17am ESTChina Expels 3 WSJ Reporters Over “Racist” Opinion Piece Beijing’s propaganda campaign to paper over the depredations of its heavy handed quarantines and other outbreak-suppression efforts was launched into hyperspeed earlier this month as the international community – including the WHO – started questioning everything – from whether Beijing deliberately hid information about the outbreak […]
Dr.Doom On Gold & ‘The White Swans Of 2020’
ZeroHedge - Feb 19th 2020 5:00am ESTDr.Doom On Gold & ‘The White Swans Of 2020’ Authored by Nouriel Roubini via Project Syndicate, In my 2010 book, Crisis Economics, I defined financial crises not as the “black swan” events that Nassim Nicholas Taleb described in his eponymous bestseller, but as “white swans.” According to Taleb, black swans are events that emerge unpredictably, like a tornado, from […]
EU Auto Registrations Plunge In Dismal Pre-Coronavirus January Numbers
ZeroHedge - Feb 19th 2020 4:15am ESTEU Auto Registrations Plunge In Dismal Pre-Coronavirus January Numbers For months we have been commenting about how the global auto market is mired in recession. Most recently, we have been highlighting how China, one of the world’s largest economies and auto markets, has been exacerbating things with terrible sales numbers, failed subsidy ideas, disconnect from Beijing […]
Europe’s Nuclear Weapons And The Arms Reduction Treaty
ZeroHedge - Feb 19th 2020 3:30am ESTEurope’s Nuclear Weapons And The Arms Reduction Treaty Authored by Brian Cloughley via The Strategic Culture Foundation, It is intriguing but almost inevitable that examination of so many European policies must begin with reference to the United States. The reason is that the US is majestically (and the word is used advisedly) important to Europe, […]
“World Upside Down” – French Ski Resort Uses Choppers To Deliver Snow, Angers Enviros
ZeroHedge - Feb 19th 2020 2:45am EST“World Upside Down” – French Ski Resort Uses Choppers To Deliver Snow, Angers Enviros The Luchon-Superbagnères ski resort above the town of Bagnères-de-Luchon in the Midi-Pyrénées region angered local environmentalists by using two helicopters to transport snow to its lower slopes last Friday after an unusually mild winter, reported France 24. Minister of Ecological Transition Élisabeth […]
NATO Top Military Officer: ‘Defender 20’ Is Facing Problems
ZeroHedge - Feb 19th 2020 2:00am ESTNATO Top Military Officer: ‘Defender 20’ Is Facing Problems Authored by Belit Onay via TheDuran.com, Defender 20 is a large-scale military exercise that has gotten under way in recent weeks. This year in February Americans will deploy 37,000 soldiers to Germany, Poland and the Baltic States. U.S. Army Europe’s Chief of Staff German Brig. Gen. […]
The Betrayal Of The Elites
ZeroHedge - Feb 19th 2020 12:05am ESTThe Betrayal Of The Elites Authored by Paul Adams via The Epoch Times, In an important new book, political scientist Yuval Levin argues that we have lost faith in our institutions—public, private, civic, and political. We need institutions, including families, associations, churches, corporations, trade unions, political parties, professions such as law and medicine, as well as the […]
EU Will Deploy Warships Off Libya’s Coast To Enforce UN Arms Embargo
ZeroHedge - Feb 18th 2020 11:45pm ESTEU Will Deploy Warships Off Libya’s Coast To Enforce UN Arms Embargo Just after the EU’s foreign policy chief Joseph Borrell urged Europe to “develop an appetite for power” to better chart its own independent course in solving various international crises impacting Europe, the EU has agreed to deploy warships in order to enforce a United Nations arms embargo on the […]
Financial Feudalism – The New American ‘Dream’
ZeroHedge - Feb 18th 2020 11:25pm ESTFinancial Feudalism – The New American ‘Dream’ Authored by Mike Krieger via Liberty Blitzkrieg blog, “Happy 18th Birthday! Meet your new Daddy,” read one website advertisement. “Do you have strong oral skills? We’ve got a job for you!” cooed another. A message on another billboard directed at the “daddies” was more blunt: “The alternative to […]
Chinese Cities Begin Subsidizing Car Purchases To Resurrect Auto Market From The Dead
ZeroHedge - Feb 18th 2020 11:05pm ESTChinese Cities Begin Subsidizing Car Purchases To Resurrect Auto Market From The Dead As nearly the entire country of China remains on lockdown – and the country’s auto industry, which was already mired in recession prior to the coronavirus fiasco, gets thrashed even further – some Chinese cities are doing what governments do best: inefficiently […]
If Duterte Wants Us Out, Let’s Go
ZeroHedge - Feb 18th 2020 10:45pm ESTIf Duterte Wants Us Out, Let’s Go Authored by Pat Buchanan via Buchanan.org, Philippines President Rodrigo Duterte has just given us notice he will be terminating the Visiting Forces Agreement that governs U.S. military personnel in the islands. His notification starts the clock running on a six-month deadline. If no new agreement is negotiated, the […]
Stunning Video: Dubai Shows Off Human Jet Pack That Does 150MPH
ZeroHedge - Feb 18th 2020 10:25pm ESTStunning Video: Dubai Shows Off Human Jet Pack That Does 150MPH It was just days ago that we reported about Disney’s new dystopian flying robotic acrobats that were taking the place of stunt actors and were capable of performing flips and changing body positioning in mid-flight. Today, we move a step closer to human superheroes. […]
Iran Says US Must Fix Own ‘Nontransparent’ Undemocratic Elections Before Lecturing Others
ZeroHedge - Feb 18th 2020 10:05pm ESTIran Says US Must Fix Own ‘Nontransparent’ Undemocratic Elections Before Lecturing Others Authored by Jake Johnson via CommonDreams.org, The Iranian Foreign Ministry on Monday urged U.S. officials to focus on fixing their own country’s “nontransparent” and undemocratic system before calling into question the legitimacy of elections in other nations. Abbas Mousavi, spokesperson for Iran’s Foreign […]
“It’s The Biggest Sex-Abuse Bankruptcy Of All Time” – Facing 100s Of Lawsuits, Boy Scouts Of America Goes Chapter 11
ZeroHedge - Feb 18th 2020 9:45pm EST“It’s The Biggest Sex-Abuse Bankruptcy Of All Time” – Facing 100s Of Lawsuits, Boy Scouts Of America Goes Chapter 11 When we last checked in on the Boy Scouts of America, the organization was reeling from a deluge of sex-abuse lawsuits that was soaking up all of its financial resources and attention, raising the possibility […]
US Engaged In “Shameless, Impudent Pillage Of Wealth” In Syria: Russia
ZeroHedge - Feb 18th 2020 9:25pm ESTUS Engaged In “Shameless, Impudent Pillage Of Wealth” In Syria: Russia Western mainstream media is once again putting Idlib at the center of their coverage, with emotive and hugely exaggerated headlines like “Bombed as they flee: A million Syrians try to escape Assad’s onslaught” — however with no mention that a US designated terrorist organization, al-Qaeda’s Hayat Tahrir […]
“Absolutely Unacceptable” – Leaked Boeing Memo Shows ‘Debris’ Found In 737 MAX Fuel-Tanks
ZeroHedge - Feb 18th 2020 9:05pm EST“Absolutely Unacceptable” – Leaked Boeing Memo Shows ‘Debris’ Found In 737 MAX Fuel-Tanks With airline after airline pushing back their ‘return-to-service’ dates based on Boeing’s total lack of clarity on the path forward for the 737 MAX, the troubled aircraft maker (and the troubled aircraft) now faces more problems. According to an internal memo, […]
Yellen Says Fed Should Buy Stocks In The Next Crisis
ZeroHedge - Feb 18th 2020 8:45pm ESTYellen Says Fed Should Buy Stocks In The Next Crisis Back in June 2017, there were several odd moment of bizarre honesty coupled with schizophrenic confusion under Janet Yellen’s Fed. First there was San Fran Fed president John Williams, who would eventually on to become the Fed’s #2 when he took over as head of […]
Which Supply Chains Are Most At Risk: The Answer In One Chart
ZeroHedge - Feb 18th 2020 8:25pm ESTWhich Supply Chains Are Most At Risk: The Answer In One Chart Now that Apple has broken the seal and made it abundantly clear that China’s economic collapse which could push its Q1 GDP negative according to Goldman as the second largest world economy grinds to a halt (as described here last week)… … will […]
Watch: SpaceX Falcon 9 Misses Landing After Delivering 60 Starlink Satellites
ZeroHedge - Feb 18th 2020 8:05pm ESTWatch: SpaceX Falcon 9 Misses Landing After Delivering 60 Starlink Satellites In what is being called a “successful mission on Monday morning, SpaceX launched a Falcon 9 rocket as part of its fifth Starlink satellite mission. Not so much of a success was the rocket’s ability to “stick the landing” after the mission had ended. […]