News From ZeroHedge, Page 2973

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  • Oil Bear Market Sends Tanker Rates Plunging, Hopes For Global Rebound Fade

    ZeroHedge - Feb 3rd 2020 12:30pm EST

    Oil Bear Market Sends Tanker Rates Plunging, Hopes For Global Rebound Fade The coronavirus outbreak has sent Chinese oil demand, energy prices, and tanker freight rates plunging in the last three weeks. With more than a dozen cities locked down, 50 million people or more quarantined, and large manufacturing hubs shuttered, oil demand in China […]

  • “Historical Number Being Updated”: ISM Revises Supplier Deliveries Data, Say Jan Numbers “Valid”

    ZeroHedge - Feb 3rd 2020 12:14pm EST

    “Historical Number Being Updated”: ISM Revises Supplier Deliveries Data, Say Jan Numbers “Valid” Update: Well, unlike 2014 when the ISM revised its latest report not once but twice, it appears that today’s revision will only focus on historical numbers, because as Bloomberg reports January numbers remain valid, and only the Historical data on supplier deliveries […]

  • South London Terrorist Released Early Despite Pledging Allegiance To ISIS

    ZeroHedge - Feb 3rd 2020 12:10pm EST

    South London Terrorist Released Early Despite Pledging Allegiance To ISIS Authored by Paul Joseph Watson via Summit News, 20-year-old Islamic terrorist Sudesh Amman, who was shot dead after trying to stab people in Streatham, south London yesterday, was released halfway through his prison sentence despite pledging allegiance to ISIS, encouraging his girlfriend to behead her […]

  • The Ship Has Literally Sailed: Carnival Admits To Coronavirus Case 6 Days After Cruise

    ZeroHedge - Feb 3rd 2020 11:55am EST

    The Ship Has Literally Sailed: Carnival Admits To Coronavirus Case 6 Days After Cruise Minutes before the CDC sent markets reeling by confirming a couple of additional coronavirus cases in the US, Japan authorities confirmed that they’re quarantining a cruise ship after a Hong Kong man who sailed on it last month tested positive for […]

  • Stocks, Oil, Bond Yields Tumble As CDC “Prepares For Pandemic”

    ZeroHedge - Feb 3rd 2020 11:47am EST

    Stocks, Oil, Bond Yields Tumble As CDC “Prepares For Pandemic” After an overnight ramp for absolutely no good reason, US equity markets are fading fast after the CDC said it “was preparing as if Coronavirus was the next pandemic.” The number of confirmed coronavirus cases in the US is starting to increase at a rather […]

  • Watch Biden Snap At ‘Today’ Show Anchor Over Hunter & Burisma Questions

    ZeroHedge - Feb 3rd 2020 11:45am EST

    Watch Biden Snap At ‘Today’ Show Anchor Over Hunter & Burisma Questions A year ago the mainstream media treated the Biden-Ukraine scandal as a crank conspiracy theory that belonged only to remote corners of the internet. But now, headed into the Iowa caucuses, the mainstream is finally and much-belatedly peppering Joe Biden with the relevant […]

  • TSLA Goes Full AOL – Explodes 25% In 3 Days

    ZeroHedge - Feb 3rd 2020 11:31am EST

    TSLA Goes Full AOL – Explodes 25% In 3 Days TSLA shares are exploding higher once again today as it appears another hedge fund pukes its shorts into this exponential run. As short interest is eviscerated… The catalysts for this latest move – according to the narrative machine – are numerous… Earlier today, Panasonic, which makes […]

  • Boeing 767 Makes Emergency Landing After Part Of Landing Gear Falls Off; Stock Slides

    ZeroHedge - Feb 3rd 2020 11:19am EST

    Boeing 767 Makes Emergency Landing After Part Of Landing Gear Falls Off; Stock Slides Facing dire, if not terminal, issues with its 737 MAX which may or may not fly again (ideally with passengers not at gunpoint), while cutting production on the 787 Dreamliner due to slumping demand, at least Boeing’s legacy long haul workhorse, […]

  • Coronavirus: How Bad Will It Get?

    ZeroHedge - Feb 3rd 2020 11:16am EST

    Coronavirus: How Bad Will It Get? Authored by Adam Taggart via PeakProsperity.com, The official data on the spread of the Wuhan coronavirus continues to suggest a geometric growth rate. Which explains why more and more infectious disease experts are now openly calling the virus a full-blown global pandemic. So how bad might things get? It’s […]

  • Senate To Call ‘Whistleblower’ As Part Of Three-Pronged Investigation Into Impeachment Origins

    ZeroHedge - Feb 3rd 2020 10:55am EST

    Senate To Call ‘Whistleblower’ As Part Of Three-Pronged Investigation Into Impeachment Origins Senate Republicans are gearing up for a three-pronged investigation into the origins of Congressional Democrats’ impeachment of President Trump, according to the Washington Examiner. “I want to understand how all this crap started,” Sen. Lindsey Graham (R-SC) on Fox News’s Sunday Morning Futures, […]

  • Trader Warns “Cutting Global Rates Doesn’t Cure Sick People”

    ZeroHedge - Feb 3rd 2020 10:40am EST

    Trader Warns “Cutting Global Rates Doesn’t Cure Sick People” Authored by Richard Breslow via Bloomberg, On days like today, it’s easy to fall into one of two camps. You can either look at every move that risk makes and declare it horribly important. Portending something lasting, momentous and dispositive. And demanding to know why someone […]

  • China Seeking “Flexibility” On Phase 1 Trade Pledges As Its Economy Grinds To A Halt

    ZeroHedge - Feb 3rd 2020 10:31am EST

    China Seeking “Flexibility” On Phase 1 Trade Pledges As Its Economy Grinds To A Halt Last night, when we reported the plunge in the yuan below 7.00 vs the dollar – traditionally a level that has been seen as triggering the US Treasury into screaming fx manipulation – we noted that it is only a […]

  • Democrats Gather For Iowa Caucus, Here’s What To Expect

    ZeroHedge - Feb 3rd 2020 10:16am EST

    Democrats Gather For Iowa Caucus, Here’s What To Expect The Iowa caucuses begin tonight at 8 p.m. ET, marking the first nominating contest of the 2020 election cycle. Democrats across the states will head to their local precinct caucus locations to vote for their desired candidate to take on Donald Trump in the November election. […]

  • “Weakness Looks Broad-Based” – US Manufacturing Survey Hits 6-Month Highs (Or 3-Month Lows)

    ZeroHedge - Feb 3rd 2020 10:04am EST

    “Weakness Looks Broad-Based” – US Manufacturing Survey Hits 6-Month Highs (Or 3-Month Lows) Just like with China’s “surprising” PMI beat, it is hard to know if the respondents for this morning’s US manufacturing surveys were interviewed before or since the coronavirus pandemic has collapsed global supply chains. Markit’s Manufacturing PMI beat expectations, printing 51.9 vs […]

  • Coronavirus Makes The Market… Impossible To Predict!

    ZeroHedge - Feb 3rd 2020 9:50am EST

    Coronavirus Makes The Market… Impossible To Predict! Authored by Bruce Wilds via Advancing Time blog, It is impossible to predict what lays ahead! The coronavirus outbreak could be a nothing burger or become a watershed event. A mountain of debt has formed over the years and whether countries and central banks can hurl enough resources […]

  • Key Events This Week: Never A Dull Moment

    ZeroHedge - Feb 3rd 2020 9:35am EST

    Key Events This Week: Never A Dull Moment While the world will be focusing on every development out of China which is struggling to contain the fallout from the coronavirus pandemic which has now infected nearly 17,500 people across the globe, in terms of newsflow DB’s Jim Reid writes that this week the highlight could […]

  • Wuhan Begins Human Trials Of New Gilead Coronavirus Vaccine

    ZeroHedge - Feb 3rd 2020 9:21am EST

    Wuhan Begins Human Trials Of New Gilead Coronavirus Vaccine Last week, scientists in Hong Kong warned that it might take up to a year for them to produce and test a vaccine to fight the deadly coronavirus that has now killed more people than SARS in mainland China. But on Monday, shares of drug company […]

  • Saudi Arabia Pushes For OPEC Production Cut Of Up To 1 Million B/d As Outbreak Weighs On Demand

    ZeroHedge - Feb 3rd 2020 9:05am EST

    Saudi Arabia Pushes For OPEC Production Cut Of Up To 1 Million B/d As Outbreak Weighs On Demand Half of China’s economy – the second largest in the world – is expected to be offline through at least mid-February. Traders started pricing in the impact on oil demand weeks ago. And now that it’s become […]

  • The Rotation To Value Is Inevitable

    ZeroHedge - Feb 3rd 2020 8:48am EST

    The Rotation To Value Is Inevitable Authored by Lance Roberts via RealInvestmentAdvice.com, In late 1999, it was stated that “investing like Warren Buffett was the same as driving ‘Dad’s ole’ Pontiac.” The suggestion, of course, was that “value” investing was no longer a viable investment strategy in the new “dot.com” economy where “growth” was all that mattered. After all, in the “new world,” it was […]

  • India To Probe Wuhan Institute Of Virology

    ZeroHedge - Feb 3rd 2020 8:26am EST

    India To Probe Wuhan Institute Of Virology It appears that around the time we suggested someone reach out to the Wuhan Institute of Virology to get some answers about the origin of the deadly Coronavirus epidemic (which Twitter decided was sufficient to get us barred from the platform), India was doing just that. ACcording to […]

  • Futures Rebound Despite Historic Bloodbath In China Where 3,257 Stocks Hit Limit Down

    ZeroHedge - Feb 3rd 2020 8:04am EST

    Futures Rebound Despite Historic Bloodbath In China Where 3,257 Stocks Hit Limit Down While Beijing’s emergency intervention in Chinese markets which included a short sale ban, a dramatic liquidity injection and a cut in reverse repo rates, failed to prevent a rout, it certainly helped stabilize stocks in Europe and US equity futures, which have […]

  • “I Can’t Let My Mom Die At Home” – Desperate Patients Swarm Wuhan Hospital As Hong Kong Closes Border

    ZeroHedge - Feb 3rd 2020 7:07am EST

    “I Can’t Let My Mom Die At Home” – Desperate Patients Swarm Wuhan Hospital As Hong Kong Closes Border Late last night, we reported that the death toll from the coronavirus outbreak had surpassed 360 as more suspected cases popped up in New York. Though no deaths have been reported overnight, Chinese officials warned yesterday […]

  • China Accuses US Of ‘Inciting Panic’ Over Coronavirus Outbreak

    ZeroHedge - Feb 3rd 2020 6:04am EST

    China Accuses US Of ‘Inciting Panic’ Over Coronavirus Outbreak Over the weekend, Chinese Foreign Minister Wang Yi and the ministry’s spokesperson Hua Chunying expressed outrage that some countries halted trade and flights to and from the country because of the novel coronavirus outbreak. Now Hua is back out bashing the US on Monday for allegedly intentionally spreading […]

  • Europe’s Green Deal: Same Hysteria, Same Destruction

    ZeroHedge - Feb 3rd 2020 5:00am EST

    Europe’s Green Deal: Same Hysteria, Same Destruction Authored by Andrew Moran via LibertyNation.com, Today’s brand of the left-leaning politician is all about substituting what sounds good for what actually works. Modern politics, whether in the U.S. or Europe, is about taking a chainsaw to everything that produced even a modicum of success to appease the deities […]

  • Meet The “Moderate Rebel” Just Arrested In France For War Crimes In Syria

    ZeroHedge - Feb 3rd 2020 4:15am EST

    Meet The “Moderate Rebel” Just Arrested In France For War Crimes In Syria Over the past couple of years European capitals have been pursuing war crimes charges against anti-Assad ‘opposition’ fighters once widely referred to in Western press as “moderate rebels”. In an irony which is certain to be ignored by the same US mainstream […]