News From ZeroHedge, Page 3070

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  • Foreigners Dumped Record Amount Of US Treasuries Amid March Liquidity Crisis

    ZeroHedge - May 15th 2020 4:12pm EDT

    Foreigners Dumped Record Amount Of US Treasuries Amid March Liquidity Crisis Tyler Durden Fri, 05/15/2020 – 16:12 Foreign holdings of U.S. government debt fell in March, at a time when panic over the COVID-19 pandemic was driving volatility in the world’s safest market to highs unseen since 2009. Treasury’s report, released Friday, showed total foreign ownership […]

  • Gold, Dollar, & Bonds Jump; Stocks Slump On Fauci Fearmongering, China Trade Turmoil

    ZeroHedge - May 15th 2020 4:00pm EDT

    Gold, Dollar, & Bonds Jump; Stocks Slump On Fauci Fearmongering, China Trade Turmoil Tyler Durden Fri, 05/15/2020 – 16:00 US equities suffered their worst weekly drop in two months… Shock horror…how did that happen? Fauci Fearmongering started the ball rolling down-hill: “The reality is [Fauci] is scared the crap out of Americans,” House Freedom Caucus […]

  • UN Official Suggests Lockdowns Should Continue

    ZeroHedge - May 15th 2020 3:50pm EDT

    UN Official Suggests Lockdowns Should Continue Tyler Durden Fri, 05/15/2020 – 15:50 Authored by Paul Joseph Watson via Summit News, A top UN official says that coronavirus lockdowns should not be lifted “too hastily” in order to protect “vulnerable” people, despite the fact that some 36 million Americans have now been made vulnerable as a […]

  • Tesla Plans To Open New Factory In Texas As Musk Spurns “Fascist” California

    ZeroHedge - May 15th 2020 3:39pm EDT

    Tesla Plans To Open New Factory In Texas As Musk Spurns “Fascist” California Tyler Durden Fri, 05/15/2020 – 15:39 Several days after Tesla CEO Elon Musk threatened to move out of California after a highly publicized spat with Alameda County over Musk’s push to reopen Tesla’s Fremont Plant and force workers to return despite questions […]

  • Nursing Home Deaths Peak In Illinois, Gov Pritzker Slammed For Failing To Protect State’s Most Vulnerable

    ZeroHedge - May 15th 2020 3:24pm EDT

    Nursing Home Deaths Peak In Illinois, Gov Pritzker Slammed For Failing To Protect State’s Most Vulnerable Tyler Durden Fri, 05/15/2020 – 15:24 On Wednesday, the Illinois Department of Public Health reported 192 COVID-19-linked deaths for the prior day, a record total for the state since the beginning of the outbreak. The next day, the number […]

  • Tasting The Forbidden Fruit Of Free Money

    ZeroHedge - May 15th 2020 2:55pm EDT

    Tasting The Forbidden Fruit Of Free Money Tyler Durden Fri, 05/15/2020 – 14:55 Authored by MN Gordon via EconomicPrism.com, Has anyone given credit to the coronavirus for exposing the general folly of our time?  We’ve yet to find mention of it.  Not even on the web.  Here we shall do our part to give proper […]

  • Fed Releases Its Latest POMO Schedule And A Curious Pattern Is Emerging

    ZeroHedge - May 15th 2020 2:41pm EDT

    Fed Releases Its Latest POMO Schedule And A Curious Pattern Is Emerging Tyler Durden Fri, 05/15/2020 – 14:41 From an initial $75 billion per day when the Fed announced the launch of Unlimited QE in mid-March, the US central bank first reduced its daily buying to $60 billion per day, then  announced another ‘taper’ in […]

  • US Blocks Shipment Of Semiconductors To Huawei In Latest Procovation Of Beijing

    ZeroHedge - May 15th 2020 2:31pm EDT

    US Blocks Shipment Of Semiconductors To Huawei In Latest Procovation Of Beijing Tyler Durden Fri, 05/15/2020 – 14:31 Fox Business Network has confirmed a Reuters report from earlier this morning claiming the Trump Administration blocked a shipment of semiconductors to Huawei on Friday, prompting threats from Beijing. Earlier, the news set off the anxieties about […]

  • 25% Of US Restaurants Will Never Reopen: Opentable

    ZeroHedge - May 15th 2020 2:25pm EDT

    25% Of US Restaurants Will Never Reopen: Opentable Tyler Durden Fri, 05/15/2020 – 14:25 A quarter of US restaurants will go out of business due to the COVID-19 pandemic, according to a forecast by OpenTable, which reported that total restaurant reservations and walk-in customers have fallen 95% over the previous year ending May 13. Susan […]

  • No Proof That Russia Hacked DNC – Democrats Hid Sworn CrowdStrike Testimony For Over 2 Years

    ZeroHedge - May 15th 2020 2:10pm EDT

    No Proof That Russia Hacked DNC – Democrats Hid Sworn CrowdStrike Testimony For Over 2 Years Tyler Durden Fri, 05/15/2020 – 14:10 Authored by Aaron Maté via RealClearInvestigations.com, CrowdStrike, the private cyber-security firm that first accused Russia of hacking Democratic Party emails and served as a critical source for U.S. intelligence officials in the years-long […]

  • Here Is The Simple Reason Behind Trump’s Escalating Feud With China

    ZeroHedge - May 15th 2020 1:55pm EDT

    Here Is The Simple Reason Behind Trump’s Escalating Feud With China Tyler Durden Fri, 05/15/2020 – 13:55 Earlier today, Rabobank’s Micheal Every lamented that “One Day The Main Story Will Not Be US-China Relations… But Today Is Not That Day.” And with the US now commencing a lockout of Chinese telecom giant Huawei, with Beijing […]

  • The “Lost April” And The Failure Of Economic Cheerleading

    ZeroHedge - May 15th 2020 1:42pm EDT

    The “Lost April” And The Failure Of Economic Cheerleading Tyler Durden Fri, 05/15/2020 – 13:42 Authored by Mike Shedlock via MishTalk, The Cass Freight Index report discusses the Lost April. But what’s next? Is May the Shipping Bottom?  The Cass Freight Report suggests April is the bottom while blaming what has happened as a self-inflicted wound. The […]

  • With Nobody Having Any Idea What’s Going On, One Bank Says SPX Fair Value Is From 1,900 To 3,000

    ZeroHedge - May 15th 2020 1:26pm EDT

    With Nobody Having Any Idea What’s Going On, One Bank Says SPX Fair Value Is From 1,900 To 3,000 Tyler Durden Fri, 05/15/2020 – 13:26 With the chart of the forward S&P500 P/E making the rounds – and rising by the day as consensus EPS decline even as stocks keep rising – Deutsche Bank has […]

  • US Oil Rig Count Crashes To 11-Year Lows: “There’s A Double Risk On The Horizon”

    ZeroHedge - May 15th 2020 1:09pm EDT

    US Oil Rig Count Crashes To 11-Year Lows: “There’s A Double Risk On The Horizon” Tyler Durden Fri, 05/15/2020 – 13:09 Well that escalated quickly… Drilling rigs targeting crude oil in the U.S. fell by 34 to 258, the lowest since July 2009… and production is starting to collapse… Source: Bloomberg Indeed, as OilPrice.com’s Hely […]

  • Vice Fires 155 Journalists In Latest Round Of Layoffs

    ZeroHedge - May 15th 2020 12:55pm EDT

    Vice Fires 155 Journalists In Latest Round Of Layoffs Tyler Durden Fri, 05/15/2020 – 12:55 Following in the footsteps of Quartz, Buzzfeed, Wired and other struggling media companies using the virus as an excuse to make deep cuts, Vice Media is reportedly planning to fire 155 employees, the Wrap reports. It has been obvious for […]

  • Dershowitz Blasts Flynn Judge’s “Endangering Our System Of Separation Of Powers”

    ZeroHedge - May 15th 2020 12:41pm EDT

    Dershowitz Blasts Flynn Judge’s “Endangering Our System Of Separation Of Powers” Tyler Durden Fri, 05/15/2020 – 12:41 Authored by Alan Dershowitz via The Gatestone Institute, Judge Emmet Sullivan’s decision to appoint a retired federal judge to argue against the Justice Department’s entirely proper decision to end the criminal prosecution of General Michael Flynn is designed […]

  • Zoom & Doom: Company Accused Of Corrupting Bible Class Through Porn-Zoombombing

    ZeroHedge - May 15th 2020 12:10pm EDT

    Zoom & Doom: Company Accused Of Corrupting Bible Class Through Porn-Zoombombing Tyler Durden Fri, 05/15/2020 – 12:10 Authored by Jonathan Turley, There is an interesting case out of San Francisco where one of the oldest churches is suing Zoom Video Communications, Inc. after bible classes were interrupted by pranksters “zoombombing” with pornographic images.  Saint Paulus Lutheran Church […]

  • Camera Feed Cuts Out After CNN Asks James Clapper About Leaking Classified Information

    ZeroHedge - May 15th 2020 11:54am EDT

    Camera Feed Cuts Out After CNN Asks James Clapper About Leaking Classified Information Tyler Durden Fri, 05/15/2020 – 11:54 The camera feed to former Obama Director of National Intelligence James Clapper suddenly cut out while CNN’s John Berman was pressing him to answer questions about leaks of classified information to the media, one day after […]

  • Watch Live: President Trump Updates Press On “Vaccine Development” Amid Beijing Showdown

    ZeroHedge - May 15th 2020 11:53am EDT

    Watch Live: President Trump Updates Press On “Vaccine Development” Amid Beijing Showdown Tyler Durden Fri, 05/15/2020 – 11:53 On a day where tensions between the US and China have dominated the business news cycle, President Trump is holding a press conference Friday at noon to deliver an update on vaccine development. According to media reports, […]

  • The Perpetual Crisis: Now The WHO Is Telling Us That COVID-19 “May Never Go Away”

    ZeroHedge - May 15th 2020 11:40am EDT

    The Perpetual Crisis: Now The WHO Is Telling Us That COVID-19 “May Never Go Away” Tyler Durden Fri, 05/15/2020 – 11:40 Authored by Michael Snyder via TheMostImportantNews.com, Are you ready for “the new normal” to become permanent?  Originally, most of us assumed that “shelter-in-place orders” and “social distancing restrictions” would just be temporary, but now […]

  • Fauci Versus Trump – Who’s Right?

    ZeroHedge - May 15th 2020 11:05am EDT

    Fauci Versus Trump – Who’s Right? Tyler Durden Fri, 05/15/2020 – 11:05 Authored by Patrick Buchanan via Buchanan.org, “We have met the moment and we have prevailed,” said President Donald Trump Monday, as he supported the opening of the U.S. economy before the shutdown plunges us into a deep and lasting depression. Tuesday, Dr. Anthony […]

  • Ignore Dismal Retail Sales Report: Latest Daily Spending Data Shows 2020 Is Now Higher Than 2019

    ZeroHedge - May 15th 2020 10:49am EDT

    Ignore Dismal Retail Sales Report: Latest Daily Spending Data Shows 2020 Is Now Higher Than 2019 Tyler Durden Fri, 05/15/2020 – 10:49 One month ago, when looking at the March retail sales report – which only captured the last two weeks of the US shutdown- and comparing it to the Bank of America real-time credit […]

  • Job Openings Plunge Most On Record Amid Mass Layoffs, Plunge In Hiring

    ZeroHedge - May 15th 2020 10:30am EDT

    Job Openings Plunge Most On Record Amid Mass Layoffs, Plunge In Hiring Tyler Durden Fri, 05/15/2020 – 10:30 With the BLS’s JOLTs, or job openings and labor turnover, survey coming in with an extra month delay, we already knew that the March data would be dismal (especially considering the total implosion in April when over […]

  • Government Handouts Spark Upside Surprise In Sentiment But Hope Tumbles

    ZeroHedge - May 15th 2020 10:09am EDT

    Government Handouts Spark Upside Surprise In Sentiment But Hope Tumbles Tyler Durden Fri, 05/15/2020 – 10:09 Having plummeted in April, UMich consumer sentiment was expected to deteriorate further in preliminary May data as the reality of nationwide lockdowns sink in to the American psyche. However, it appears the stock market’s gains prompted some gains as […]

  • Watch: Gaffes Pile Up During Bumbling Biden “Virtual Roundtable”

    ZeroHedge - May 15th 2020 10:00am EDT

    Watch: Gaffes Pile Up During Bumbling Biden “Virtual Roundtable” Tyler Durden Fri, 05/15/2020 – 10:00 Presumptive 2020 Democratic presidential candidate Joe Biden continues to struggle through media appearances where he consistently has trouble communicating basic stances and policies, or even articulating coherent sentences for that matter, teleprompter or not. Of course, as we’ve highlighted multiple times things […]