News From ZeroHedge, Page 3077

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  • Daily Briefing – May 12, 2020

    ZeroHedge - May 12th 2020 6:29pm EDT

    Daily Briefing – May 12, 2020   Real Vision’s Ash Bennington and managing editor Ed Harrison discuss the latest developments in macro, markets, and coronavirus. They dive into the havoc wrecked on the jobs market, the continuously moving plans to reopen the US economy, and Dr. Fauci’s warning today to the US senate. They also […]

  • WeWork Explores Plan To Sublease NYC Headquarters 

    ZeroHedge - May 12th 2020 6:25pm EDT

    WeWork Explores Plan To Sublease NYC Headquarters  WeWork has been severely impacted by virus-related shutdowns, which has resulted in hundreds of layoffs in the last several months.  WeWork CEO Sandeep Mathrani told CNBC on Tuesday that it has paid rent in over 80% of its locations in April and May. The remaining properties are in “discussions with […]

  • The Stealth Trump Voter: The President’s Secret Weapon?

    ZeroHedge - May 12th 2020 6:05pm EDT

    The Stealth Trump Voter: The President’s Secret Weapon? Authored by David Brody via JustTheNews.com, In the 2000 horror movie “What Lies Beneath,” Harrison Ford and Michele Pfeiffer star in a fictional tale about hidden secrets finally revealed. Now, 20 years later, what lies beneath in this year’s presidential campaign is The Secret Trump Voter.  And […]

  • “The Financial System Will Have To Be Reset”: How The World’s Most Powerful And Influential People See The World After The Pandemic

    ZeroHedge - May 12th 2020 5:45pm EDT

    “The Financial System Will Have To Be Reset”: How The World’s Most Powerful And Influential People See The World After The Pandemic While nobody really knows what the world will look like on the other side of of the coronavirus pandemic, everyone has an opinion from economists, financiers, executives, all the way to policymakers? Bloomberg […]

  • How The Bitcoin-Halving Went Down (And The Hidden Message To The Fed)

    ZeroHedge - May 12th 2020 5:25pm EDT

    How The Bitcoin-Halving Went Down (And The Hidden Message To The Fed) Authored by Stephen O’Neal via CoinTelegraph.com, Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. image courtesy of CoinTelegraph Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. […]

  • Actor Kevin James Demolishes Lockdown Absurdity & ‘COVID-Snitches’ In Short Film

    ZeroHedge - May 12th 2020 5:05pm EDT

    Actor Kevin James Demolishes Lockdown Absurdity & ‘COVID-Snitches’ In Short Film Actor and comedian Kevin James has just released a short film absolutely shredding the rise of corona-snitches in spectacular fashion.  We and others have increasingly documented the unique phenomenon of neighbors so easily turning on each other over COVID-regulations conformity and differing interpretations and perceptions of […]

  • Loans For The Little Darlings: Strip Clubs Win Another Ruling For Pandemic Relief

    ZeroHedge - May 12th 2020 4:45pm EDT

    Loans For The Little Darlings: Strip Clubs Win Another Ruling For Pandemic Relief Authored by Jonathan Turley, We have been discussing litigation of strip clubs denied pandemic relief, including a recent ruling in favor of such clubs in Nevada.  I have been highly critical of such denials.  Now, another judge, has ruled correctly in favor of […]

  • WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build

    ZeroHedge - May 12th 2020 4:36pm EDT

    WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build Oil prices rallied (despite equity weakness) to their highest since early April today with WTI tagging a $26 handle after the Energy Information Administration revised down its 2020 and 2021 crude output forecasts in its monthly Short-Term Energy Outlook. “Production is indeed dropping and it might stay down for […]

  • You’re Being Conditioned To Live In A “Smart City” – Resist It!

    ZeroHedge - May 12th 2020 4:25pm EDT

    You’re Being Conditioned To Live In A “Smart City” – Resist It! Authored by Mike Krieger via Liberty Blitzkrieg blog, And at the dead center of it all is Eric Schmidt. Well before Americans understood the threat of Covid-19, Schmidt had been on an aggressive lobbying and public relations campaign pushing precisely the “Black Mirror” […]

  • Bitcoin, Bonds, & Bullion Bid As LA’s Extended-Lockdown Slams Stocks

    ZeroHedge - May 12th 2020 4:01pm EDT

    Bitcoin, Bonds, & Bullion Bid As LA’s Extended-Lockdown Slams Stocks So the overwhelming message from Fauci today was “we’re all going to die” if you even dare to re-open the economy and judging by the budget deficit charts (and coming a day after Bitcoin’s big event), it would appear that any second wave-driven lockdown will […]

  • Billionaire VC Warns Fed Stimulus Risks Triggering “Deflationary Supercycle” That Could Crush Main Street

    ZeroHedge - May 12th 2020 3:45pm EDT

    Billionaire VC Warns Fed Stimulus Risks Triggering “Deflationary Supercycle” That Could Crush Main Street Appearing for the third time in 6 weeks, Social Capital founder and former Facebook exec Chamath Palihapitiya joined the hosts of CNBC’s “Squawk Box” for an interview Tuesday morning where he warned that the Fed’s coronavirus response will create serious long-term […]

  • The Stock Market Isn’t The Economy, But…

    ZeroHedge - May 12th 2020 2:50pm EDT

    The Stock Market Isn’t The Economy, But… Authored by Lance Roberts via RealInvestmentAdvice.com, “The stock market is not the economy.” Such is the latest rationalization to support the “bull market” narrative. The question, however, is the validity of the statement. As I noted in this past weekend’s newsletter: “There is currently a ‘Great Divide’ happening between the near ‘depressionary’ economy versus […]

  • NY Reports 93 Children Sick With ‘Mysterious COVID-19-Linked Respiratory Syndrome’

    ZeroHedge - May 12th 2020 2:36pm EDT

    NY Reports 93 Children Sick With ‘Mysterious COVID-19-Linked Respiratory Syndrome’ NYC Mayor Bill de Blasio and NY Gov Andrew Cuomo have repeatedly warned about the growing number of children affected by a mysterious, possibly COVID-19-linked respiratory syndrome this week, and Newsday reported Tuesday afternoon that the number of children infected statewide has climbed to 93. […]

  • Fiscal Disaster: US April Deficit Hits Record $738BN As Government Spends $1 Trillion In One Month

    ZeroHedge - May 12th 2020 2:22pm EDT

    Fiscal Disaster: US April Deficit Hits Record $738BN As Government Spends $1 Trillion In One Month While it will hardly come as a surprise to anyone that the US fiscal situation is now an absolute catastrophe – following previously projections that the US is expected to issue over $5 trillion in debt this year alone […]

  • Deleted Tweet Drives Allegations That Detained Saudi Rival Quietly Disposed Of By MbS

    ZeroHedge - May 12th 2020 2:05pm EDT

    Deleted Tweet Drives Allegations That Detained Saudi Rival Quietly Disposed Of By MbS In March we noticed that “conveniently” at a moment the world’s attention was focused on surviving and defeating the spread of coronavirus, it appeared that Crown Prince Mohammed bin Salman (MbS) took the ‘opportunity’ to initiate a Riyadh Ritz-Carlton 2.0 round-up of rivals within the […]

  • Nearly 400 Russian Cadets Catch Coronavirus After Red Square Rehearsals

    ZeroHedge - May 12th 2020 1:50pm EDT

    Nearly 400 Russian Cadets Catch Coronavirus After Red Square Rehearsals On April 16, one day before Vladimir Putin nixed a parade from a celebration marking the 75th anniversary of WWII (which was held on Saturday with a limited display), some 15,000 Russian cadets were rehearsing for their yet-to-be canceled demonstration in Red Square. Nearly one […]

  • Is This A Bear Market Rally Or A New Bull? BofA Has The Answer… And What Happens Next

    ZeroHedge - May 12th 2020 1:37pm EDT

    Is This A Bear Market Rally Or A New Bull? BofA Has The Answer… And What Happens Next With the S&P trading nearly 800 points – or a whopping 30% – above its March 23 lows, the divergence in opinions whether this is a new bull market or merely a massive – and the fastest […]

  • Futures, Yields, Yuan Tumble As GOP Senate Intros China Sanctions Bill

    ZeroHedge - May 12th 2020 1:26pm EDT

    Futures, Yields, Yuan Tumble As GOP Senate Intros China Sanctions Bill Following an extremely strong 10Y bond auction, and news that Senator Graham and GOP Senators have introduced a bill sanctioning China, US futures and Treasury yields are tumbling. Yields extending their decline… Yuan is selling off… And Stocks are down hard… The bill is […]

  • “Spectacular Demand”: Record Big 10Y Auction Prices At Record Low Yield

    ZeroHedge - May 12th 2020 1:13pm EDT

    “Spectacular Demand”: Record Big 10Y Auction Prices At Record Low Yield Heading into today’s supersized 10Y auction, BMO’s rates strategist lamented the stubborn range which has confined US rates since mid-March – at +/-10bps of 61bps – which however indicates that even the hefty dose of larger than anticipated long-end auctions is insufficient to redefine […]

  • SocGen Reportedly Ends Commodity-Financing Biz After $240 Million Loss In Asian Oil-Trading Giant Bankruptcy

    ZeroHedge - May 12th 2020 1:06pm EDT

    SocGen Reportedly Ends Commodity-Financing Biz After $240 Million Loss In Asian Oil-Trading Giant Bankruptcy After pointing out the perplexing lack of high-profile blow-ups in the current commodity crush (as a reminder back in 2016 when oil dropped less than it has now, the Glencores and Trafiguras of the world were this close to collapse), we […]

  • ‘You’re Not The End All’: Rand Paul Slams Fauci In Heated Exchange Over Lockdowns

    ZeroHedge - May 12th 2020 1:00pm EDT

    ‘You’re Not The End All’: Rand Paul Slams Fauci In Heated Exchange Over Lockdowns Sen. Rand Paul (R-KY) gave quite the earful to a home-bound Dr. Anthony Fauci on Tuesday over the COVID-19 lockdown that has crippled the US economy. Paul, a medical doctor, noted that the mortality rate among children ‘approaches zero’, and that […]

  • Here Are All The Chinese “Propaganda” Centers Currently Operating In The US

    ZeroHedge - May 12th 2020 12:46pm EDT

    Here Are All The Chinese “Propaganda” Centers Currently Operating In The US Authored by Jon Street via Campus Reform, Dozens of Chinese “propaganda” centers still operate across the United States, even as U.S. lawmakers debate how to hold the communist country accountable for withholding information about the coronavirus, which originated in China’s Wuhan province. For […]

  • McDonald’s Reveals Future Layout Of Restaurants In Post-Corona World 

    ZeroHedge - May 12th 2020 12:30pm EDT

    McDonald’s Reveals Future Layout Of Restaurants In Post-Corona World  In Arnhem, Netherlands, McDonald’s has opened a prototype restaurant outfitted with social distancing in mind. The move is to test new safety measures for guests and employees that will limit the spread of the virus once lockdowns are relaxed, reported Reuters.  “We have tried to figure out how to keep […]

  • Here’s What China’s Scientists Have To Say About The Origins Of COVID-19

    ZeroHedge - May 12th 2020 12:10pm EDT

    Here’s What China’s Scientists Have To Say About The Origins Of COVID-19 Authored by Lawrence Sellin via WIONews.com, During a March 15, 2020 interview, beginning at the 27:40 time point, Dr Ralph Baric, noted coronavirus scientist at the University of North Carolina, said the following when asked about the animal origin of the human COVID-19 pandemic: […]

  • Town Protests Working-Conditions At Nebraska Meat Plant, Workers Too Scared To Return

    ZeroHedge - May 12th 2020 11:52am EDT

    Town Protests Working-Conditions At Nebraska Meat Plant, Workers Too Scared To Return Earlier this month the working-class poor in Crete, Nebraska, protested the working conditions at a meat processing plant owned by Smithfield, reported KLKN News.  Dozens of demonstrators were holding signs, with one that read: “Our parents are essential, not dispensable,” referring to the rash of virus outbreaks at […]