“The Worst Case For Markets”: Massive Stagflation In 2021 As Prices Rise Without Rising Wages
ZeroHedge - May 10th 2020 8:18pm EDT “The Worst Case For Markets”: Massive Stagflation In 2021 As Prices Rise Without Rising Wages Authored by Vincent Cignarella, Bloomberg macro commentator “We are witnessing the Great Monetary Inflation (GMI)—an unprecedented expansion of every form of money unlike anything the developed world has ever seen.” – Paul Tudor Jones The current worry in global markets […]
What If The Crisis Is One Without End… Like George Orwell’s Perpetual War
ZeroHedge - May 10th 2020 8:05pm EDTWhat If The Crisis Is One Without End… Like George Orwell’s Perpetual War Submitted by Luke Eastwood Notions of Freedom We are living in strange times indeed, this crisis raises many questions about the nature of freedom and what our expectations are, or should be. Everyone has their own notions about what freedom means and […]
A COVID State Of Mind – America’s Mental Health Suffers As Anti-Anxiety Drug Prescriptions Soar
ZeroHedge - May 10th 2020 7:40pm EDT A COVID State Of Mind – America’s Mental Health Suffers As Anti-Anxiety Drug Prescriptions Soar The COVID-19 pandemic has resulted in forced lockdowns across the country and an economic depression with high unemployment. Tens of millions of jobs have been lost in the last six or so weeks, as “the greatest economy ever” implodes. A […]
David Zervos: “Looking At Economic Data Or Earnings Is A Colossal Waste Of Time… Only Fed Support Matters”
ZeroHedge - May 10th 2020 7:24pm EDT David Zervos: “Looking At Economic Data Or Earnings Is A Colossal Waste Of Time… Only Fed Support Matters” More than a decade after we first said that in the “New Paranormal” nothing matters besides the Fed, all those “experts” who mocked our Austrian view are falling like flies with one Wall Street strategist after another […]
Iran Offers US ‘Unconditional’ Prisoner Swap, Fears ‘Safety’ Of Citizens Amid COVID-19
ZeroHedge - May 10th 2020 7:15pm EDT Iran Offers US ‘Unconditional’ Prisoner Swap, Fears ‘Safety’ Of Citizens Amid COVID-19 On a weekend marking the second anniversary of the Trump administration’s pullout from the 2015 Iran nuclear deal (JCPOA), Tehran has made a huge offer in the hopes of thawing tensions, which in January saw the US and Iran nearly go to war. […]
Former CEO Of Carl’s Jr. Explains How Not To Get America Back To Work
ZeroHedge - May 10th 2020 6:50pm EDTFormer CEO Of Carl’s Jr. Explains How Not To Get America Back To Work Authored by Andrew Puzder, the former CEO of CKE Restaurants, Inc. He is the author of Getting America Back to Work, a new Broadside from Encounter Books, originally published in Real Clear Politics. Most people seem to agree that a […]
Indian And Chinese Troops Clash In Fistfight At Disputed Border
ZeroHedge - May 10th 2020 6:25pm EDT Indian And Chinese Troops Clash In Fistfight At Disputed Border Dozens of Indian and Chinese soldiers were injured in a cross-border clash involving fistfights and stone-throwing at a remote but strategically important mountain pass near Tibet, the Indian Army said Sunday according to the Straits Times and BBC. There have been long-running border tensions between […]
U.S. Depression? The V-Shaped Recovery Fades Away
ZeroHedge - May 10th 2020 6:00pm EDT U.S. Depression? The V-Shaped Recovery Fades Away Authored by Daniel Lacalle, The recent jobless claims figures show how difficult it will be for the U.S. recovery to be as quick and strong as initially expected. 7.7 million jobs were lost in Hospitality and Leisure in April, 2.5 million in Education and Health, with 2 million in Retail […]
Lockdowns May Aggravate America’s Next Health Crisis: An Explosion Of “Deaths Of Despair”, Study Finds
ZeroHedge - May 10th 2020 5:35pm EDT Lockdowns May Aggravate America’s Next Health Crisis: An Explosion Of “Deaths Of Despair”, Study Finds Doctors, scientists policymakers and even ‘non-experts’ posting on social media have argued that shuttering the health-care system to all non-emergency care risks sparking other public health crises from a spike in heart attacks and advanced cancer diagnoses, to so-called “deaths […]
“A Cabal Of Liars” – Sara Carter Demands Top Obama Officials Need To Be Held Accountable
ZeroHedge - May 10th 2020 5:10pm EDT “A Cabal Of Liars” – Sara Carter Demands Top Obama Officials Need To Be Held Accountable Via SaraACarter.com, “This is a cabal of liars of the Obama administration senior officials,” said Sara Carter, a Fox News contributor and host of “The Sara Carter Show” on Fox News’s show “The Ingraham Angle” on Friday. Watch the […]
6 Reasons Why Goldman Sees The S&P Sliding Back To 2,400 By August
ZeroHedge - May 10th 2020 4:45pm EDT 6 Reasons Why Goldman Sees The S&P Sliding Back To 2,400 By August Amid the mass market confusion, where traders are torn between polar extremes such as i) economic reopening vs second infection wave, ii) fears of hyperinflation due to unprecedented central bank liquidity injections (now also the base case of iconic traders such as […]
The Future Of The Economy May Depend On An Ancient Doctrine Of The Past
ZeroHedge - May 10th 2020 4:20pm EDT The Future Of The Economy May Depend On An Ancient Doctrine Of The Past Authored by Jonathan Turley, While some often seem to assume a zero tolerance approach for any risk of spread, we have no choice but to try to get this economy out of the current disastrous conditions. Unless we want to reintroduce […]
Pentagon Randomly Tests Units Over ‘Stealth Carriers’ Concern, Starting With Nuclear Personnel
ZeroHedge - May 10th 2020 3:55pm EDT Pentagon Randomly Tests Units Over ‘Stealth Carriers’ Concern, Starting With Nuclear Personnel We’ve detailed before that the US Department of Defense (DoD) is so worried about the pandemic’s impact on national security and troop readiness that it’s taking drastic measures like mulling a troop stop loss, pausing sending new recruits to boot camps, taking Pentagon […]
“Black Mirror” Creator Abandons Writing Because We’re ‘Already In A Dystopia’
ZeroHedge - May 10th 2020 3:05pm EDT “Black Mirror” Creator Abandons Writing Because We’re ‘Already In A Dystopia’ Black Mirror creator Charlie Brooker told UK’s Radio Times that his audience might not be able to “stomach” another season of his dystopian Netflix series. He said the public mood is not suited for another season considering the world has been thrown into dystopia via the […]
The Enslavement Of Infinite Money
ZeroHedge - May 10th 2020 2:40pm EDT The Enslavement Of Infinite Money Authored by Brandon Smith via Birch Gold Group, The phrase “don’t fight the Fed” is an unfortunate but popular delusion. It presupposes that the central bank has limitless power to direct the economy because it can print limitless money. I’m not sure where this idea comes from, but consider the […]
Iran Tried To Sabotage Israel’s Water Supply In Major Cyberattack: US Officials
ZeroHedge - May 10th 2020 2:15pm EDT Iran Tried To Sabotage Israel’s Water Supply In Major Cyberattack: US Officials A new Washington Post report alleges Iran attempted to hack into Israel’s water supply systems in order to sabotage crucial aspects behind the nation’s water infrastructure. While allegations of an uptick in Iranian cyber-espionage are nothing new, coming on the heels of recent reports […]
After China Forced Out Reporters, Trump Hits Back With Severe Restrictions On Chinese Media
ZeroHedge - May 10th 2020 1:50pm EDT After China Forced Out Reporters, Trump Hits Back With Severe Restrictions On Chinese Media The US-China mudslinging and tit-for-tat blame game over the COVID-19 crisis just got a lot nastier, taking the information war in a new direction, impacting journalists working on the ground. The Trump administration has slapped new visa restrictions on Chinese journalists working […]
Pence Calls Michael Flynn An “American Patriot,” Says He’s Welcomed Back To White House
ZeroHedge - May 10th 2020 1:25pm EDT Pence Calls Michael Flynn An “American Patriot,” Says He’s Welcomed Back To White House In a ‘yuge’ victory for the Trump administration last week, the Justice Department dropped the prosecution of former national security adviser Michael Flynn, who pleaded guilty in the Mueller probe in 2017 to misleading Vice President Mike Pence and FBI agents about his communications with a former Russian […]
NY Coronavirus Deaths Lowest Since March As Cases Of Mysterious New Respiratory Syndrome Climb: Live Updates
ZeroHedge - May 10th 2020 1:11pm EDT NY Coronavirus Deaths Lowest Since March As Cases Of Mysterious New Respiratory Syndrome Climb: Live Updates Summary: Italy also reports lowest cases since March China reports first new case in Wuhan since April 3 NY reports lowest number of daily deaths since March Afghanistan ends lockdown as economy collapses Global new cases drop for 2nda […]
Elon Musk Says He “Sympathizes” With Anti-Globalist Movement
ZeroHedge - May 10th 2020 1:00pm EDT Elon Musk Says He “Sympathizes” With Anti-Globalist Movement Authored by Paul Joseph Watson via Summit News, During his appearance on the Joe Rogan podcast, Elon Musk said he sympathized with the anti-globalization movement because “we don’t ever want everywhere to be the same.” The context of the conversation was how civilizations rise and fall and […]
US Has ‘Limited’ Ability To Manufacture Coronavirus Treatments, Vaccines
ZeroHedge - May 10th 2020 12:35pm EDT US Has ‘Limited’ Ability To Manufacture Coronavirus Treatments, Vaccines A pharmaceutical company CEO says that while the United States may have the capability to deliver coronavirus treatments – if and when available – that the US has limited capacity to manufacture said treatments. “Our distribution capabilities work. I’m not worried about that,” said Leonard Schleifer, […]
Over 1 In 1000 People Living In NY/NJ Die From COVID-19
ZeroHedge - May 10th 2020 12:10pm EDT Over 1 In 1000 People Living In NY/NJ Die From COVID-19 Authored by Mike Shedlock via MishTalk, New Jersey joined New York today in the dubious distinction of coronavirus deaths rates of over 1 in 1,000 people. As states start opening up here are some charts to consider. New Covid-19 Deaths US States The above […]
Wuhan Lab Hack Reveals Unreported COVID-19 Cases, Evidence Records Were Deleted
ZeroHedge - May 10th 2020 11:45am EDT Wuhan Lab Hack Reveals Unreported COVID-19 Cases, Evidence Records Were Deleted Nearly three weeks ago, a cache of approximately 25,000 email addresses and records of organizations involved with COVID-19 were leaked, including the Wuhan Institute of Virology (WIV), the WHO, the US National Institute of Health, and the Gates Foundation. Today, The Weekend Australian reports […]
“Under The Surface, Trouble Is Brewing Once Again”
ZeroHedge - May 10th 2020 11:20am EDT “Under The Surface, Trouble Is Brewing Once Again” Authored by Christoph Gisiger via TheMarket.ch, Larry McDonald, publisher of the investment research service The Bear Traps Report, warns that this crisis is far from over. He spots growing tensions in the credit markets and thinks that large public borrowers like Italy and New York State are […]
Connecticut Senator Claims COVID-19 Pandemic Has Killed “70 Million Americans”
ZeroHedge - May 10th 2020 10:55am EDT Connecticut Senator Claims COVID-19 Pandemic Has Killed “70 Million Americans” To the Intern running Connecticut Sen. Chris Murphy’s twitter account on Mother’s Day: We’re sorry, but 70 million?? In what many assume is a hilarious twitter typo, the Connecticut Senator and Senate Foreign Relations Committee member accused President Trump in a tweet of trying to […]
