Trump Furious After NBC ‘Apologizes’ For Chuck Todd’s Propaganda Edit Of Barr Interview President Trump demanded on Sunday that NBC fire “Meet The Press” host Chuck Todd, after the network admitted to ‘inadvertently cutting short’ a sound byte from Attorney General William Barr regarding the DOJ’s decision to move to dismiss the Michael Flynn case. […]
Oil Spikes On Saudi Output Headlines Bloomberg reports that Saudi Arabia will unilaterally cut its crude oil output by 1mbd in June. The algos were fast to move WTI from $24 to $25.50… We will see how long this lasts. Tyler Durden Mon, 05/11/2020 – 08:05
Futures Slide As Markets Spooked By New Wave Of Corona Infections In Germany And Korea US equity futures reversed overnight gains, and traded near session lows, dipping below 2,900 alongside European shares on Monday as investors turned cautious about a second wave of coronavirus infections with several countries reopening economies. Crude oil slipped, while the […]
The Fight Between Sentiment And Fundamentals Submitted by Peter Garnry, Head of Equity Strategy, Saxo Bank Summary: In today’s equity update we focus on South Korea and the resurgence in new COVID-19 cases, the VIX dipping below 30 and term structure in contango suggesting that the bear market dynamics could soon end, Brazilian equity market […]
Shanghai Disneyland Holds “Grand Reopening” As Guest Capacity Slashed, Social Distancing Enforced Global equity investors have sent markets soaring in recent weeks on the belief that the global economy can still somehow experience a “V-shaped” recovery. But to say this response is largely based on wishful thinking wouldn’t quite do it justice. On Monday, Disney […]
19 Killed & 40 Missing Or Wounded After Iranian Destroyer Mistakenly Fires On Own Warship Since President Trump pulled the US out of the JCPOA (better known as “the Iran nuclear deal”), Iran has suffered one embarrassing mishap after the next. Earlier this year, the IRGC accidentally shot down a Ukrainian passenger airliner filled with […]
Iranian Navy Accidentally Kills 19 Sailors In Latest Friendly Fire ‘Mishap’ Since President Trump pulled the US out of the JCPOA (better known as “the Iran nuclear deal”), Iran has suffered one embarrassing mishap after the next. Earlier this year, the IRGC accidentally shot down a Ukrainian passenger airliner filled with young Iranian students. The […]
“We Sent Them Samples Of A Goat, A Papaya & A Pheasant”: Tanzanian President Catches WHO In Epic Lie As the number of confirmed coronavirus cases explodes across Africa, the creeping involvement of the WHO has made some leaders suspicious of the NGO. Tanzanian President John Magufuli was growing suspicious of the organization, so he […]
British Police Are Investigating People Who Post Tweets Critical Of Lockdown Authored by Paul Joseph Watson via Summit News, Police in the UK are apparently investigating people online who post tweets critical of the coronavirus lockdown. Toby Young’s LockdownSceptics.org website was contacted by a reader who regularly dissents against the shutdown of the UK on social media. […]
Anti-lockdown Protesters Clash With German Police As Virus Spread Accelerates New cases in Germany accelerated this weekend just days after the federal government loosened restrictions, raising concerns that the virus will continue terrorizing the country through late spring. The virus crisis appears not to be diminishing anytime soon, as anti-quarantine demonstrations intensify in several cities in the last two weeks. People have […]
The ECB Cannot Disguise Risk Much Longer Authored by Daniel Lacalle, Despite the unprecedented increase in the ECB’s asset purchase program, the spread of Southern Europe sovereign bonds versus German ones is rising. The ECB balance sheet has soared to more than 42% of the eurozone’s GDP, compared to the Fed 27% vs U.S. GDP. However, […]
Montenegro Advertises Itself As “Corona-Free” Vacation Destination Popular European tourist vacations like Cinque Terre in Italy and the French Riviera in southeastern France are about to have some serious competition on their hands. While the global travel and leisure industry takes a massive hit, some small countries are hoping to cash in on the wave […]
Italy: China’s Trojan Horse Into Europe Authored Giulio Meotti via The Gatestone InStitute, A few days after China had announced it was sending medical supplies to Italy, Chinese state media aired pictures of Italians on balconies and streets applauding the Chinese national anthem. “In Rome, with the Chinese anthem playing, some Italians chanted ‘Grazie, Cina!’ on their […]
Watch: ‘Skynet’-Like Robot Dog Patrols Singapore’s Parks To Ensure Humans Are Social Distancing If there’s one thing we try to keep a eye on, it’s the potential use of this global pandemic for governments to try and unleash new and “interesting” ways of surveillance. Thus, our eyes and ears perked up when we learned that […]
Putin’s Call For A New System & The 1944 Battle Of Bretton Woods: Lessons For Victory Day Authored by Matthew Ehret via The Saker blog, As today’s world teeters on the brink of a financial collapse greater than anything the world experienced in either 1923 Weimar or the 1929 Great depression, a serious discussion has […]
Saudi Arabia Running Out Of Money: Riyadh To Slash Spending By $27 Billion, Suspend Cost Of Living Allowance Last weekend we quoted Finance Minister Mohammed Al-Jadaan, who warned that the world’s biggest oil exporter hasn’t witnessed “a crisis of this severity” in decades, adding that government spending will have to be cut “very deeply”, something […]
Pompeo Likens Iran To Nazis On 2nd Anniversary Of US Nuclear Deal Exit Perhaps attempting to ensure the anti-Iran ‘maximum pressure’ campaign remains front and center, even in the midst of a pandemic and historic unemployment, Secretary of State Mike Pompeo has resorted to the one of the most common — and we might note laziest — labels […]
Soviet-Style Government In The US: Some Will Always Bow In Enslavement Authored by Mac Slavo via SHTFplan.com, It doesn’t seem to matter how tyrannical the powers-that-shouldn’t-be get. Some people, in the face of freedom, will always choose slavery and the illusion of safety. It’s sad to think human beings are willing to live their lives […]
Another Leg Lower Is Coming, But What Happens In 2021 Will Leave Traders Speechless In a recent report by Nordea’s Andreas Steno Larsen, the FX strategist looks at the recent surge in stocks and rhetorically asks “Happy days, right?”, to which his response is that he is not so sure, because “is it really feasible […]
Two Collapse Experts With Cooler Heads Opine On COVID Catalysts And Human Nature For those in search of unfiltered opinions, there are a few platforms worth checking out. Perhaps best known are the Joe Rogan Experience and members of the ‘intellectual dark web’ – a phrase coined by Thiel Capital managing director Eric Weinstein (who […]
Crude-Chaos & COVID-Contagion Mark The End Of Imperium Americanum Authored by Patrick Armstrong via The Strategic Culture Foundation, A black swan is slang for an unexpected event with large consequences. 2020 has brought us two so far: the COVID-19 pandemic and the collapse of oil prices. Each will have potent consequences for the Imperium Americanum. […]
China Unveils Pandemic-Fighting T1-Smart-Glasses That “See” People’s Temperatures In Real-Time A Chinese startup that develops augmented-reality glasses for everyday use, or for other applications such as in manufacturing and gaming, has tweaked one of its products with a thermal sensor to create pandemic glasses. Such glasses can detect possible COVID-19 carriers by scanning body temperatures. The pandemic glasses are called T1 glasses […]
US Deploys B-1Bs, Warships In South China Sea As China Nationalists Call For Invasion Of Taiwan While the global economy remains in a state of near ubiquitous lockdown due to the coronavirus pandemic, the US military has been busy. According to an update posted on the Pacific Air Forces website, a B-1B Lancer strategic bomber […]
Venezuela Displays Military Boats & Weapons It Says Were Part Of US Mercenary Invasion Via Southfront.org The failed attempt of US mercenaries operating from Colombia to stage a coup in Venezuela continues developing with more and more details appearing. On May 9, Venezuela’s military said it seized three abandoned Colombian light combat boats that soldiers […]
It’s Retail Vs Institutions: A Look At Who’s Buying Stocks Here… And Who Isn’t Cutting to the chase, the market is now up 30% from its March 24 lows with the Nasdaq back in the green for 2020, and yet as Goldman pointed out earlier, there is now more confusion over what the market does […]
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