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  • He Is “An Innocent Man” – Trump Happy After DoJ Drops All Charges Against General Flynn

    ZeroHedge - May 7th 2020 2:37pm EDT

    He Is “An Innocent Man” – Trump Happy After DoJ Drops All Charges Against General Flynn Shortly after Brandon Van Grack, the chief of the Justice Department’s Foreign Agents Registration Act division, filed a notice of his withdrawal in federal court in Washington, The Justice Department has this morning said it is dropping the criminal […]

  • When Governments Switched Their Story From “Flatten The Curve” To “Lockdown Until Vaccine”

    ZeroHedge - May 7th 2020 2:21pm EDT

    When Governments Switched Their Story From “Flatten The Curve” To “Lockdown Until Vaccine” Authored by Ryan McMaken via The Mises Institute,m In the early days of the COVID-19 panic – back in mid-March – articles began to appear pushing the idea of “flattening the curve” (the Washington Post ran an article called “Flatten the Curve” on March […]

  • Sysco Warns Of “Unprecedented Times” As COVID Crushes Restaurants 

    ZeroHedge - May 7th 2020 2:05pm EDT

    Sysco Warns Of “Unprecedented Times” As COVID Crushes Restaurants  America’s largest foodservice distributor, Sysco Corporation, warned in its latest quarterly report that coronavirus-related shutdowns of the restaurant industry are the worst it has ever seen:  “Over the last 50 years, Sysco has weathered its share of exogenous shocks and economic crises, and each time Sysco has remained a resolute […]

  • Citadel Moved Its Operations To A Makeshift Trading Floor At The Four Seasons In Palm Beach

    ZeroHedge - May 7th 2020 1:35pm EDT

    Citadel Moved Its Operations To A Makeshift Trading Floor At The Four Seasons In Palm Beach The next time you question why your order flow slowed down over the last couple of months, remember this story. Once it became obvious that the pandemic was an issue the nation couldn’t ignore, Ken Griffin’s Citadel sprung into […]

  • Paul Tudor Jones Buys Bitcoin As “Hedge Against Central-Bank Money Printing”

    ZeroHedge - May 7th 2020 1:21pm EDT

    Paul Tudor Jones Buys Bitcoin As “Hedge Against Central-Bank Money Printing” The unprecedented monetary stimulus unleashed by the Federal Reserve to help combat the economy-destroying coronavirus has revived worries about a hyperinflationary future where the dollar is worthless and popular inflation hedges like gold rule the day. Adding even more clout to this thesis, on […]

  • Womens’ Rights Attorney Lisa Bloom: Yes, Biden Is A Rapist But I Endorse Him

    ZeroHedge - May 7th 2020 1:08pm EDT

    Womens’ Rights Attorney Lisa Bloom: Yes, Biden Is A Rapist But I Endorse Him Authored by Jonathan Turley, We have been discussing the hypocritical positions of Democratic leaders ranging from Speaker Nancy Pelosi to Gov. Gretchen Whitmer in their response to the allegations of sexual assault by former Vice President Joe Biden.  Women’s rights attorney […]

  • Historic Eurodollar Panic: Negative Rates Now Expected As Soon As November

    ZeroHedge - May 7th 2020 1:00pm EDT

    Historic Eurodollar Panic: Negative Rates Now Expected As Soon As November We, as well as every Short-Term Interest Rate trader on Wall Street (or rather at home) is speechless at the insane action in the Eurodollar futures complex, where shortly after the Jan 2021 implied fed funds rate turned negative, the cascade of buying in […]

  • YouTube Deletes Viral Video Claiming Dr. Fauci Spewing ‘Absolute Propaganda’ About COVID-19

    ZeroHedge - May 7th 2020 12:45pm EDT

    YouTube Deletes Viral Video Claiming Dr. Fauci Spewing ‘Absolute Propaganda’ About COVID-19 One thing that should be abundantly clear by now is that any thoughts, opinions, or speculation which challenges the official narratives regarding COVID-19 will be promptly silenced by Silicon Valley, under the guise of protecting the public – which apparently can’t be trusted […]

  • US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse

    ZeroHedge - May 7th 2020 12:29pm EDT

    US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse Petrodollar panic? As tensions between OPEC (cough – the Saudis – cough) and Washington rise over the supply (and price) of oil globally amid a pandemic-driven demand collapse, it would appears President Trump may have just gone ‘nuclear’. “…there will be blood.” The Wall […]

  • Everyone Knows The Gov’t Wants A “Controlled” Weimar

    ZeroHedge - May 7th 2020 12:20pm EDT

    Everyone Knows The Gov’t Wants A “Controlled” Weimar Authored by Jeffrey Snider via Alhambra Investments, There are two parts behind the inflation mongering. The first, noted yesterday, is the Fed’s balance sheet, particularly its supposedly monetary remainder called bank reserves. The central bank is busy doing something, a whole bunch of something, therefore how can […]

  • Database Of Wuhan’s ‘Batwoman’ Altered 48 Hours Before COVID-19 Samples Ordered Destroyed

    ZeroHedge - May 7th 2020 12:03pm EDT

    Database Of Wuhan’s ‘Batwoman’ Altered 48 Hours Before COVID-19 Samples Ordered Destroyed As Western intelligence continues to investigate China’s handling of COVID-19 as it spread throughout Hubei province in December, disturbing evidence continues to emerge that the Chinese Communist Party (CCP) engaged in a massive cover-up of what was going on. Now, we’ve learned that […]

  • 2Y Treasury Yield Plunges To Record Low, Gold Spikes As “Fatal” NIRP Reality Dawns

    ZeroHedge - May 7th 2020 11:48am EDT

    2Y Treasury Yield Plunges To Record Low, Gold Spikes As “Fatal” NIRP Reality Dawns With short-dated futures now signaling negative-rates… Source: Bloomberg …the Treasury curve is tumbling with the short-end breaking down to record lows. Source: Bloomberg That is below the lowest 2Y rate in US history… Source: Bloomberg And Nordea’s  simple OLS-model has even […]

  • It Begins: For The First Time Ever, Market Prices In Negative Rates Starting January 2021

    ZeroHedge - May 7th 2020 11:31am EDT

    It Begins: For The First Time Ever, Market Prices In Negative Rates Starting January 2021 Back in 2015, when the Fed set off on its first tightening cycle in a decade and was set to hike rates for the next three years, we wrote in an article that in retrospect would be proven 100% correct, […]

  • Peter Schiff: The Fed Can Never Take The Easy Money Drug Away

    ZeroHedge - May 7th 2020 11:21am EDT

    Peter Schiff: The Fed Can Never Take The Easy Money Drug Away Via SchiffGold.com, The Federal Reserve is creating a massive amount of money out of thin air and injecting it into the economy. Pretty much everybody believes this is the only choice given the economic emergency we face. But we’re told once the emergency […]

  • Nomura: “Imagine The Concept Of A Fed “Hiking Cycle” Ever Again – HAAAAA”

    ZeroHedge - May 7th 2020 11:05am EDT

    Nomura: “Imagine The Concept Of A Fed “Hiking Cycle” Ever Again – HAAAAA” One day after Charlie McElligott laid out his medium-term bearish case, warning that a combination of excessive exuberance on the reopening coupled with adverse seasonals would make this a summer to sell, this morning the Nomura strategist looks at the rates complex […]

  • The Elites Would Like To Remind You, “Remember, Cash Is Trash” In A Post-COVID World

    ZeroHedge - May 7th 2020 10:50am EDT

    The Elites Would Like To Remind You, “Remember, Cash Is Trash” In A Post-COVID World Authored by Tom Luongo via The Strategic Culture Foundation, There’s been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing ‘Cash is trash’ earlier this […]

  • Neiman Marcus Files For ‘Prepack’ Bankruptcy, Joining J Crew

    ZeroHedge - May 7th 2020 10:37am EDT

    Neiman Marcus Files For ‘Prepack’ Bankruptcy, Joining J Crew Just three days ago, we reported that Neiman Marcus – aka “Needless Markups” – was on the cusp of striking a deal with creditors for financing that would help tide it over through bankruptcy. Well, it looks like the big day has finally arrived. Bloomberg reports […]

  • The Harder They Fall: Trump Attorney Moves Against Stormy Daniels And Michael Cohen

    ZeroHedge - May 7th 2020 10:20am EDT

    The Harder They Fall: Trump Attorney Moves Against Stormy Daniels And Michael Cohen Authored by Jonathan Turley, There is something crushingly ironic in a recent letter received by former Trump counsel Michael Cohen from current Trump counsel Charles Harder.  Cohen has been getting the word out that he is writing a tell-all book in his […]

  • Sell In May…? Rabo Warns “Expect A Deluge To Follow”

    ZeroHedge - May 7th 2020 9:50am EDT

    Sell In May…? Rabo Warns “Expect A Deluge To Follow” Authored by Michael Every via Rabo Bank, There is an old market saying, “Sell in May and go away”. How true that might prove to be once again. After all, we’ve seen quite the risk-on rally in the past month and a bit, reversing much of […]

  • “Mission Accomplished”? Nasdaq Composite Surges Into Green For 2020

    ZeroHedge - May 7th 2020 9:34am EDT

    “Mission Accomplished”? Nasdaq Composite Surges Into Green For 2020 73,400 dead… 33 million jobless… Earnings in the gutter… Buy mega-tech stocks to the moon alice… “Mission Accomplished”? Tyler Durden Thu, 05/07/2020 – 09:34

  • Lloyd Blankfein Explains Why Reopening The Economy Might Actually Save Lives

    ZeroHedge - May 7th 2020 9:20am EDT

    Lloyd Blankfein Explains Why Reopening The Economy Might Actually Save Lives Lloyd Blankfein clearly doesn’t realize how toxic his name truly is. For example, the mere fact that the ‘evil billionaire former CEO of the ‘Vampire Squid’ Goldman Sachs’ believes reopening the economy before too long might be prudent can be used as ammunition by […]

  • “It’s Devastating”: Kashakri Says Real Unemployment Rate Is As High As 24%

    ZeroHedge - May 7th 2020 9:05am EDT

    “It’s Devastating”: Kashakri Says Real Unemployment Rate Is As High As 24% Minneapolis Fed president, Neel Kashkari, said that Friday’s jobs report will likely understate the real unemployment picture as it will only reflect people who are “actively looking for work”, a nearly impossible task in a time of nationwide lockdowns, and that the country […]

  • Facebook’s New Censorship Czar Is Anti-Trump Leftist Who Made Barron A Punch Line

    ZeroHedge - May 7th 2020 8:45am EDT

    Facebook’s New Censorship Czar Is Anti-Trump Leftist Who Made Barron A Punch Line Authored by Chip Somodevilla via Summit News, One of Facebook’s new “content oversight board” members who will decide what information is censored by the social media giant is Pamela Karlan, a leftist who infamously made Barron Trump the punch line of a […]

  • COVID-America: 73,400 Dead; 33 Million Jobless; Stocks Soaring

    ZeroHedge - May 7th 2020 8:33am EDT

    COVID-America: 73,400 Dead; 33 Million Jobless; Stocks Soaring Following a 1576.9% YoY surge in job cuts, according to Challenger, Gray, and Christmas… Source: Bloomberg It’s not a huge surprise that the string of huge spikes in jobless claims continues. In the last week 3.169 million Americans filed for unemployment benefits for the first time (slightly […]

  • BoE Warns Of Worst Economic Slump In 300 Years 

    ZeroHedge - May 7th 2020 8:23am EDT

    BoE Warns Of Worst Economic Slump In 300 Years  The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program unchanged despite the country’s worst economic slump in 300 years, caused by coronavirus lockdowns.  MPC voted 7-2 to leave its bond-buying program unchanged at £645 billion. Two of its […]