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  • From RussiaGate To ObamaGate & The End Of Boomerville

    ZeroHedge - May 13th 2020 3:31pm EDT

    From RussiaGate To ObamaGate & The End Of Boomerville Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, From the beginning of the story RussiaGate was always about Barack Obama. I didn’t always see it that way, certainly. My seething hatred for all things Hillary Clinton is a powerful blind spot I admit to […]

  • Latest Sentiment Survey Shows Reasons Behind Consumer Confidence Devastation

    ZeroHedge - May 13th 2020 3:15pm EDT

    Latest Sentiment Survey Shows Reasons Behind Consumer Confidence Devastation While Goldman may be confident that the worst is ver for the US economy, which is now “through the trough”… … it is an different question entirely how long it will take before things return to normal, and according to the latest consumer confidence survey conducted […]

  • Has Demand For Oil Already Peaked?

    ZeroHedge - May 13th 2020 2:59pm EDT

    Has Demand For Oil Already Peaked? Authored by Nick Cunningham of Oilprice.com, Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen.  But there is a large difference between oil demand rising from recent lows and actually growing relative to pre-COVID-19 trends. In other words, demand […]

  • Unmasking The Unmaskers: Biden, Brennan, Clapper, & Powers Named In DNI Grenell List

    ZeroHedge - May 13th 2020 2:46pm EDT

    Unmasking The Unmaskers: Biden, Brennan, Clapper, & Powers Named In DNI Grenell List Acting Director of National Intelligence Richard Grenell has released a list of Obama administration officials involved in ‘unmasking’ of former National Security Adviser Michael Flynn. 🚨BREAKING🚨 Acting DNI @RichardGrenell has released names of Obama Administration officials who requested @GenFlynn Unmasking. Biden, Comey, […]

  • A Third Of Americans Will Remain In Quarantine Even If Instructed To Get Back To Normal Life And Work

    ZeroHedge - May 13th 2020 2:35pm EDT

    A Third Of Americans Will Remain In Quarantine Even If Instructed To Get Back To Normal Life And Work Last week we pointed out perhaps the most critical distinction as the US begins the long and arduous process of recovery from the coronavirus pandemic: that voluntary lockdowns are worse than official ones as they can’t […]

  • Sorting Fact From Fiction Amid The Infodemic

    ZeroHedge - May 13th 2020 2:20pm EDT

    Sorting Fact From Fiction Amid The Infodemic Authored by Sharyl Attkisson via JustTheNews.com, As health officials and the public have worked hard to sort fact from fiction during an emerging and new health crisis, it has become clear that they — and we — do not always have accurate information at hand. There are three […]

  • Are Mysterious Call Option Purchases Forcing Tesla Stock Higher?

    ZeroHedge - May 13th 2020 2:05pm EDT

    Are Mysterious Call Option Purchases Forcing Tesla Stock Higher? One topic that is occasionally brought up by Tesla skeptics, but rarely examined in depth, has been a litany of out of the money call buying in the name that appears to be occurring, relatively aggressively, on a weekly basis. While the buying could be attributed […]

  • Record Big 30Y Treasury Auction Tails Amid Mediocre Demand

    ZeroHedge - May 13th 2020 1:21pm EDT

    Record Big 30Y Treasury Auction Tails Amid Mediocre Demand A week of record sized refunding treasury auctions has concluded with today’s sale of $22 billion in 30Y paper, which as we discussed last week, was the largest auction of this tenor in history. However, unlike the 3Y and 10Y auctions which priced earlier this week, […]

  • China Preparing “Punishment Measures Against Members Of Congress” In Response To Anti-China Litigation

    ZeroHedge - May 13th 2020 12:59pm EDT

    China Preparing “Punishment Measures Against Members Of Congress” In Response To Anti-China Litigation Earlier today, we published the latest note from Rabobank’s Michael Every, who warned that “US-China Relations Are About To Fall Off A Cliff”, following the sharp escalation in diplomatic (and military) tensions between the US and China in recent days, which he […]

  • Armed Militia Helps Reopen Michigan Barbershop 

    ZeroHedge - May 13th 2020 12:44pm EDT

    Armed Militia Helps Reopen Michigan Barbershop  Armed militia members have pledged their support to an Owosso, Michigan barbershop that opened last week in defiance of Gov. Gretchen Whitmer’s stay-at-home order. A Facebook Live video surfaced on Saturday morning (May 9), broadcasted by Mid-Michigan NOW, showing dozens of people standing in front of the barbershop. Some were waiting for haircuts while others, armed […]

  • Stocks Tumble As Tepper Says Market “Most Overvalued Since The Bubble Of 1999”

    ZeroHedge - May 13th 2020 12:31pm EDT

    Stocks Tumble As Tepper Says Market “Most Overvalued Since The Bubble Of 1999” On a day when the market commentary of “big rich guy” investors has earned a public rebuke from the president himself, we suspect more than the usual number of viewers tuned in to hear David Tepper, the founder of hedge fund Appaloosa […]

  • Facebook Creates Lobbying Group To Argue Big Tech Is “Essential To Free Speech”

    ZeroHedge - May 13th 2020 12:20pm EDT

    Facebook Creates Lobbying Group To Argue Big Tech Is “Essential To Free Speech” Authored by Steve Watson via Summit News, Facebook is setting up an advocacy group in Washington DC with the sole aim of preventing the US government from regulating the company. The lobbying group will claim that big tech is (vomit bags at […]

  • John Brennan Concealed ‘High-Quality’ Intelligence That Russia Wanted Hillary Clinton To Win: Report

    ZeroHedge - May 13th 2020 12:00pm EDT

    John Brennan Concealed ‘High-Quality’ Intelligence That Russia Wanted Hillary Clinton To Win: Report Former CIA director John Brennan suppressed intelligence which indicated that Russia wanted Hillary Clinton to win because “she was a known quantity,” vs. the unpredictable Donald Trump, according to Fox News’ Ed Henry. During a Tuesday night discussion with Tucker Carlson, Henry […]

  • CNN Poll Finds That… People Trust CNN

    ZeroHedge - May 13th 2020 11:40am EDT

    CNN Poll Finds That… People Trust CNN Authored by Paul Joseph Watson via Summit News, A new poll conducted by CNN has found that people trust CNN. Yes, really. CNN’s Brian Stelter proudly posted the results of the poll, which purports to show significantly more people trust the news network when it comes to coronavirus […]

  • NJ Governor To Residents: COVID-Test-Deniers Will Not Be Allowed To Leave Home To Get Groceries

    ZeroHedge - May 13th 2020 11:20am EDT

    NJ Governor To Residents: COVID-Test-Deniers Will Not Be Allowed To Leave Home To Get Groceries At his May 12 press conference, Governor Jay Inslee laid out the plans for the statewide contact tracing initiative. “[The initiative] is robust, it is vigorous and it is comprehensive, and it needs to be all three to be successful,” […]

  • Stocks Stumble After Abbott Labs COVID Test Headlines

    ZeroHedge - May 13th 2020 11:11am EDT

    Stocks Stumble After Abbott Labs COVID Test Headlines Just hours after Abbott says U.S. FDA has issued Emergency Use Authorization (EUA) for the company’s molecular test for the novel coronavirus for use on its new Alinity m molecular laboratory instrument, Bloomberg headlines reporting that NYU data shows the Abbott Labs Test may yield false negatives […]

  • The Worst Is Over: Goldman Finds US Economy Is Now “Through The Trough”

    ZeroHedge - May 13th 2020 10:55am EDT

    The Worst Is Over: Goldman Finds US Economy Is Now “Through The Trough” The worst, for the US economy, is over. That’s the conclusion from Goldman’s chief economist Jan Hatzius, who writes that “the US economy now appears to be through the trough.” Hatzius points to the following chart to show that “a range of […]

  • LA Mayor Backpedals Lockdown Extensions After Furious Reaction 

    ZeroHedge - May 13th 2020 10:45am EDT

    LA Mayor Backpedals Lockdown Extensions After Furious Reaction  The mayor of Los Angeles on Tuesday quickly backpedaled from his top health director’s extension of the stay-at-home order that would now last through July, after residents were furious about further quarantines, reported Reuters.  Barbara Ferrer, LA County’s Health Director, said the new public health order, now […]

  • WTI Spikes After Surprise Crude Draw, Production Plunge

    ZeroHedge - May 13th 2020 10:34am EDT

    WTI Spikes After Surprise Crude Draw, Production Plunge Oil prices have roundtripped from last night’s API print, as overnight gains were erased after OPEC presented a bleaker assessment of global oil markets for the second quarter as the COVID-19 crisis continues to drain demand. Notably, just as OPEC members begin to cut production, the cartel […]

  • Trump Slams Druckenmiller’s Apocalyptic Outlook, Says “So-Called ‘Rich Guys’ Are Betting Against Economy”

    ZeroHedge - May 13th 2020 10:28am EDT

    Trump Slams Druckenmiller’s Apocalyptic Outlook, Says “So-Called ‘Rich Guys’ Are Betting Against Economy” One day after investing legend Stanley Druckenmiller slammed the stock market, saying “the risk-reward for equity is maybe as bad as I’ve seen it in my career,” warned the Fed will not be able to reverse the economic fallout from the coronavirus, […]

  • Flynn Judge Causes Bizarre Delay After DOJ Moves To Dismiss Case

    ZeroHedge - May 13th 2020 10:10am EDT

    Flynn Judge Causes Bizarre Delay After DOJ Moves To Dismiss Case After the Justice Department moved to drop the case against former National Security Adviser Michael Flynn last week, the judge in the case signaled in a filing that he will allow outside parties to file “amicus” filings, also known as “friend-of-the-court” filings, which allow […]

  • Europe In Crisis: German Judges Strike Back, Say ECB Isn’t “Master Of The Universe”

    ZeroHedge - May 13th 2020 10:01am EDT

    Europe In Crisis: German Judges Strike Back, Say ECB Isn’t “Master Of The Universe” One week after Germany’s constitutional court sparked a crisis about the legality of the ECB’s QE, promoting an angry response from both the EU and the ECB, members of Germany’s top court continued to defend their controversial decision that questioned the […]

  • Half Of Illinois’ COVID-19 Deaths Come From Retirement Homes

    ZeroHedge - May 13th 2020 9:44am EDT

    Half Of Illinois’ COVID-19 Deaths Come From Retirement Homes Authored by Ted Dabrowski and John Klingner via Wirepoints.org, More than 85 percent of DuPage County’s 236 COVID-19 deaths originated in long-term care facilities, or LTCs. In McHenry County, the percentage is nearly 80 percent. And in downstate Macon County, all 15 of its deaths are […]

  • Paul Manafort Freed From Prison, Will Serve Rest Of Sentence Under Home Confinement

    ZeroHedge - May 13th 2020 9:25am EDT

    Paul Manafort Freed From Prison, Will Serve Rest Of Sentence Under Home Confinement While a federal judge throws up new roadblocks in the exoneration of Michael Flynn, who was allowed by the DoJ to withdraw from his guilty plea before the charges against him were to be dropped, the lawyer of ex-Trump Campaign Executive Paul […]

  • Powell Says “Fed Not Looking At Negative Rates” Reversing Dovish Kneejerk Reaction

    ZeroHedge - May 13th 2020 9:17am EDT

    Powell Says “Fed Not Looking At Negative Rates” Reversing Dovish Kneejerk Reaction Update: and there it is – after failing to mention negative rates in his prepared remarks, Powell responded to a question from Adam Posen, saying that the FOMC’s view on negative rates has not changed and even though Powell knows “there are fans […]