Tesla Surpasses Netflix, Becomes World’s Most Valuable “Junk” Company
ZeroHedge - Feb 4th 2020 11:34am EST Tesla Surpasses Netflix, Becomes World’s Most Valuable “Junk” Company Update (1135ET): Thanks to the parabolic melt-up in Tesla’s share price, its market capitalization has now surpassed that of Netflix… Making Tesla the most-valuable, junk-rated company in the world. We do note, however, that TSLA’s bonds still trade dramatically cheap relative to NFLX’s bonds… * * […]DHS Offered To Test Iowa Voting App, Democrats Declined
ZeroHedge - Feb 4th 2020 11:30am EST DHS Offered To Test Iowa Voting App, Democrats Declined Authored by Zachary Stieber via The Epoch Times, The Iowa Democratic Party declined to have a new voting application vetted by the Department of Homeland Security, the agency’s Acting Secretary Chad Wolf said on Tuesday. The app, developed by Shadow Inc., was blamed for some of […]Trump Approval Rating Hits All-Time High, GOP Support Surges
ZeroHedge - Feb 4th 2020 11:10am EST Trump Approval Rating Hits All-Time High Amid Impeachment; GOP Sees Upswing In Support President Trump’s approval rating is the highest it’s ever been, coming in at 49% in a new Gallup poll, which also found that 63% of Americans approve of the way Trump is handling the economy. Trump’s ratings for handling foreign affairs and […]The Strongest Seasonal Advance In Precious Metals Stocks Begins Now
ZeroHedge - Feb 4th 2020 10:55am EST The Strongest Seasonal Advance In Precious Metals Stocks Begins Now Authored by Dmitri Speck via Acting-Man.com, Bonanza Season In the 18 December 2019 issue of Seasonal Insights I discussed the strong seasonal advance in precious metals around the turn of the year. In silver it begins in mid December and continues until the end of February. A […]Rabobank: “Central Banks Will Save Us Not Just From The Business Cycle And Climate Change, But From Global Pandemics”
ZeroHedge - Feb 4th 2020 10:15am ESTRabobank: “Central Banks Will Save Us Not Just From The Business Cycle And Climate Change, But From Global Pandemics” Submitted by Michael Every of Rabobank Chinese stocks are up; the Chinese currency is up, slightly (though still weaker than 7); global stocks are up; and US Treasury yields are slightly higher. Yet at the same […]
US Factory Orders Continue Year-Over-Year Decline
ZeroHedge - Feb 4th 2020 10:08am EST US Factory Orders Continue Year-Over-Year Decline After Boeing-battered durable goods orders data, but ISM Manufacturing surged by the most in 7 years, all eyes were on December’s Factory Orders data to break the tie on the real state of the US economy. After a notable down revision for November (from -0,7% MoM to -1.2% MoM), […]“A Lot Of Green Screens… Not A Lot Of High-Fiving!”
ZeroHedge - Feb 4th 2020 9:45am EST “A Lot Of Green Screens… Not A Lot Of High-Fiving!” Authored by Richard Breslow via Bloomberg, Equities are having quite a nice rally today. And it’s a global phenomenon. My guess is the majority of traders took one look at their screens this morning and did a double take. And then began scouring the news […]President Xi Warns nCoV Outbreak ‘Threatens Stability’ As Top WHO Official Disputes ‘Pandemic’ Designation
ZeroHedge - Feb 4th 2020 8:33am EST President Xi Warns nCoV Outbreak ‘Threatens Stability’ As Top WHO Official Disputes ‘Pandemic’ Designation Summary: Confirmed deaths: 427 Confirmed cases: 20,676 Aimerican Airlines, Cathay Pacific and Jetstar close routes to China Taiwan tightens travel restrictions WHO infectious hazard chief says outbreak ‘not a pandemic’ Japan says no coronavirus cases confirmed on cruise ship “Diamond Princess” […]TSLA Tops $900 – Where Does The Parabolic Surge End?
ZeroHedge - Feb 4th 2020 8:15am EST TSLA Tops $900 – Where Does The Parabolic Surge End? On a morning when one of Tesla’s biggest bulls, New Street’s Ferragu downgrades the stock, saying: “Limited sources of further appreciation in the next 12 months. .. We see 2020 playing out fine, but it is largely expected, and we see some risks on the […]Futures Soar After China Halts Selloff, Tesla Goes Parabolic
ZeroHedge - Feb 4th 2020 7:55am EST Futures Soar After China Halts Selloff, Tesla Goes Parabolic It was scary for a few moments: after the PBOC expanded its massive liquidity bazooka on Tuesday with another gargantuan injection of 400 billion yuan net with reverse repos, marking the largest single-day addition since January 2019, Chinese stocks initially tumbled as much as 3%, but […]Democrats Bungle Iowa Caucus
ZeroHedge - Feb 4th 2020 6:20am EST Thousands Of Furious Supporters Claim Iowa Caucus “Rigged” Against Bernie Did the Iowa Democratic Party hire Morgan Stanley to build the vote-counting app for its first-in-the-nation caucus? Because last night’s catastrophe made the Facebook IPO look like an organized, orderly market debut. After the party badly botched the rollout of the results of last night’s […]Brexit: Predictions Of Economic Doom Show Why People Ignore “Experts”
ZeroHedge - Feb 4th 2020 5:00am EST Brexit: Predictions Of Economic Doom Show Why People Ignore “Experts” Authored by Ryan McMaken via The Mises Institute, The headline was unambiguous: “Brexit Is Done: The U.K. Has Left the European Union.” As of January 31, the European Union (Withdrawal) Act of 2018 has become law and the United Kingdom has begun the withdrawal process […]Bankers Busted Stealing Cafeteria Food, Bike Parts After Bonus Cuts Rock Wall Street
ZeroHedge - Feb 4th 2020 4:15am EST Bankers Busted Stealing Cafeteria Food, Bike Parts After Bonus Cuts Rock Wall Street After the year stocks just had, millions of Americans should be feeling the ‘wealth effect.’ But for thousands of European bankers who saw their bonuses cut by as much as 20% for 2019, these are the equivalent of hard times for the […]Trump Slams “Unmitigated Disaster”
ZeroHedge - Feb 4th 2020 4:00am ESTTrump Slams Dems’ “Unmitigated Disaster” In Iowa: “Nothing Works, Just Like They Ran The Country” President Trump just can’t stop winning. Not only did Dems fail to win enough Republican votes to call John Bolton to testify at the president’s impeachment trial in the Senate (which so far has attracted a tiny fraction of the […]
Muslim Cleric Issues Fatwa Celebrating Coronavirus “Annihilation” Of Chinese People
ZeroHedge - Feb 4th 2020 3:30am EST Muslim Cleric Issues Fatwa Celebrating Coronavirus “Annihilation” Of Chinese People Authored by Paul Joseph Watson via Summit news, While the media continues to fret about “racist” bat soup memes, a Muslim cleric just issued a fatwa celebrating the coronavirus outbreak and calling for the “annihilation” of Chinese people. On January 23rd last month, Syrian jihadi […]“The Impact Would Be Big” – Fears Rise Over iPhone Output As China Shutdown Continues
ZeroHedge - Feb 4th 2020 2:45am EST “The Impact Would Be Big” – Fears Rise Over iPhone Output As China Shutdown Continues A new report from Reuters details how Foxconn could soon realize a massive production hit and shipment plunge to specific customers, including Apple if factory shutdowns in China persist due to the coronavirus outbreak. A source told Reuters with direct […]Boris Johnson Must Decide Between Washington And Beijing
ZeroHedge - Feb 4th 2020 2:00am EST Boris Johnson Must Decide Between Washington And Beijing Authored by Con Coughlin via The Gatestone Institute, British Prime Minister Boris Johnson’s decision to allow the Chinese telecoms giant Huawei access to Britain’s new 5G network has placed unnecessary strain on the transatlantic alliance at a time when it needs to show a united front against […]China To Lower 2020 Economic Growth Expectations On Coronavirus Outbreak
ZeroHedge - Feb 4th 2020 1:00am EST China To Lower 2020 Economic Growth Expectations On Coronavirus Outbreak It would be challenging for China to falsify 2020 GDP figures between 6% to 6.5% amid economic fallout from the coronavirus outbreak. The Communist Party of China had come to grips of a decelerating economy, even before the deadly virus broke out. Officials blamed the […]The Virginia 2A Protest Is The Model For Counter Color Revolution
ZeroHedge - Feb 4th 2020 12:05am EST The Virginia 2A Protest Is The Model For Counter Color Revolution Authored by Tim Kirby via The Strategic Culture Foundation, There have been many protests all over the world on a large scale since the beginning of the 24 hour news cycle/prevalence of the Internet and it has become obvious that some quickly gain favored […]Top US General On Ramped Up Gulf Presence: “We’re Preventing Iran From Starting A War”
ZeroHedge - Feb 3rd 2020 11:45pm EST Top US General On Ramped Up Gulf Presence: “We’re Preventing Iran From Starting A War” The United States has been ramping up its force readiness in the Persian Gulf region following the killing of IRGC Gen. Qassem Soleimani and subsequent Iranian ballistic missile attack on US forces stationed in Iraq in early January. Addressing the crew […]Krieger: “The Bannings Will Continue Until Thought-Crimes Are Extinguished”
ZeroHedge - Feb 3rd 2020 11:25pm EST Krieger: “The Bannings Will Continue Until Thought-Crimes Are Extinguished” Authored by Mike Krieger via Liberty Blitzkrieg blog, Most of you reading this will be aware that Zerohedge’s prolific and highly popular twitter account with over 670,000 followers was on the receiving end of a lifetime ban by the Twitter politburo. This post won’t focus on […]Amid “Quality Control” Issues, Iowa Results Inexplicably Delayed Due To Caucus App Crash
ZeroHedge - Feb 3rd 2020 11:23pm EST Amid “Quality Control” Issues, Iowa Results Inexplicably Delayed Due To Caucus App Crash Before we start detailing the results of this evening’s Iowa caucuses, we have to get something off our chests… I truly cannot believe, in the year 2020, part of the democratic process in the United States involves clustering people in corners and […]In Latest Sign Of Imminent Market Collapse, Investors Dump Everything ‘China’
ZeroHedge - Feb 3rd 2020 11:05pm EST In Latest Sign Of Imminent Market Collapse, Investors Dump Everything ‘China’ Fathom’s China Exposure Index (CEI), which monitors the relative stock market performance of US-listed firms with significant revenue exposure to China, has plunged after the signing of the phase one trade deal and coronavirus outbreak in the country. The downward move suggests a much […]Ron Paul: Is The Draft Coming Back?
ZeroHedge - Feb 3rd 2020 10:45pm EST Ron Paul: Is The Draft Coming Back? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, During recent increased US-Iran confrontation, so many people viewed the Selective Service website to find out about the draft that the website crashed. People were right to be concerned about a return of the draft. […]Discovery Of Coronavirus On Doorknob Of Infected Patient Sparks Transmission Concerns
ZeroHedge - Feb 3rd 2020 10:25pm EST Discovery Of Coronavirus On Doorknob Of Infected Patient Sparks Transmission Concerns Until now, the prevailing conventional wisdom was that China’s coronavirus epidemic, which has spread to over 20,600 people around the globe as of February 3, did so by air or, according to some recent and unconfirmed speculation, human feces. That may be about to […]