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  • Ron Paul: The Fed Is Far More Lethal Than COVID-19

    ZeroHedge - May 5th 2020 12:30pm EDT

    Ron Paul: The Fed Is Far More Lethal Than COVID-19 Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Last week the Federal Reserve announced it will keep interest rates at or near zero until the economy recovers from the government-imposed shutdown. Following this announcement, Federal Reserve Chairman Jerome Powell urged […]

  • China Slams ‘Evil Liar’ Pompeo Over Wuhan Lab ‘Nonsense’

    ZeroHedge - May 5th 2020 12:15pm EDT

    China Slams ‘Evil Liar’ Pompeo Over Wuhan Lab ‘Nonsense’ Secretary of State Mike Pompeo must be over the target, as he’s been taking massive amounts of flack from Chinese state media after he said there was “enormous evidence” that the COVID-19 pandemic started in a Wuhan laboratory where scientists were experimenting with coronavirus. In a […]

  • These Are The Top 8 Things Goldman Is Watching As The Economy Reopens

    ZeroHedge - May 5th 2020 12:00pm EDT

    These Are The Top 8 Things Goldman Is Watching As The Economy Reopens Authored by Goldman economist Zach Pandl 1. Virus transmission through reopening still a major source of two-sided risk. In our view the most important risks to confidence in a reversal of economic damage are medical in nature. The key unknown, in our […]

  • A Fifth Of Wendy’s Restaurants Said To Be Out Of Beef As Shortage Spreads

    ZeroHedge - May 5th 2020 11:49am EDT

    A Fifth Of Wendy’s Restaurants Said To Be Out Of Beef As Shortage Spreads Rolling meat shortages are now underway in the US. We warned several weeks ago that this would begin in the first half of May as a crisis unfolds at the nation’s meat processing plants due to coronavirus outbreaks.  At the moment, the food […]

  • In Uncharted Territory: Are You Really Buying At These Valuations?

    ZeroHedge - May 5th 2020 11:30am EDT

    In Uncharted Territory: Are You Really Buying At These Valuations? Via Global Macro Monitor, More than his words, he spoke with his wallet. He usually relishes a down stock market to take advantage of lower prices. Not this time. He hadn’t made any purchases recently; he didn’t buy up stocks when they had fallen last […]

  • Ex-NBC Producer Says NY Attorney General Investigating Sexual Misconduct Claims; Slams Outgoing Chairman Andy Lack

    ZeroHedge - May 5th 2020 11:15am EDT

    Ex-NBC Producer Says NY Attorney General Investigating Sexual Misconduct Claims; Slams Outgoing Chairman Andy Lack Former NBC News producer Rich McHugh slammed his former network following the departure of NBC News/MSNBC chairman Andy Lack. Lack and NBC News president Noah Oppenheim came under fire after trying to kill negative reports about Harvey Weinstein by Ronan […]

  • Elvis Was King, Ike Was President, & 116,000 Americans Died In A Pandemic

    ZeroHedge - May 5th 2020 10:55am EDT

    Elvis Was King, Ike Was President, & 116,000 Americans Died In A Pandemic Authored by Jeffrey Tucker via The American Institute for Economic Research, The year was 1957.  Elvis’s new movie “Jailhouse Rock” was packing the theaters. The last episode of “I Love Lucy” aired on television. The show “West Side Story” held tryouts in […]

  • Venezuela Captures Two American “Mercenaries” Involved In Failed ‘Invasion’ Attempt

    ZeroHedge - May 5th 2020 10:35am EDT

    Venezuela Captures Two American “Mercenaries” Involved In Failed ‘Invasion’ Attempt An astounding and unexpected development which is about to launch US regime change efforts in Venezuela straight back into the headlines. The Maduro government says it has captured two Americans who were leading a ‘Rambo-style’ armed coup effort. CNN reports:  Venezuelan President Nicolas Maduro says two American […]

  • Trump Slams Beijing, Says Dr. Fauci Will Testify To Senate

    ZeroHedge - May 5th 2020 10:31am EDT

    Trump Slams Beijing, Says Dr. Fauci Will Testify To Senate President Trump is speaking to a group of reporters and has just confirmed that contrary to the administration’s earlier decision, Dr. Fauci will make time in his busy schedule to testify to the Senate (not the Democrat-controlled House). He also shared some thoughts on “very […]

  • US Universities Creating Social-Credit-Style COVID-Surveillance System

    ZeroHedge - May 5th 2020 10:15am EDT

    US Universities Creating Social-Credit-Style COVID-Surveillance System Authored by Steve Watson via Summit News, Three US universities are responding to the coronavirus crisis by creating (irony of all ironies) a Chinese style social credit surveillance system that will ‘score’ people based on their exposure to the virus. According to a report from Tech site dot.LA, researchers at the University […]

  • ISM/PMI Surveys Signal Q1 Collapse In US GDP “Will Be Dwarfed By What’s To Come”

    ZeroHedge - May 5th 2020 10:05am EDT

    ISM/PMI Surveys Signal Q1 Collapse In US GDP “Will Be Dwarfed By What’s To Come” ISM’s data continues to lag Markit’s (due to the utter farce of supplier delivery reversals not being factored as a devastatingly bad thing in the former). Markit Manufacturing 36.1 (record low) Markit Services 26.7 (record low) ISM Manufacturing 41.5 (not […]

  • New York Confirms Another 1,700 Unreported Nursing Home Deaths Caused By COVID-19

    ZeroHedge - May 5th 2020 9:58am EDT

    New York Confirms Another 1,700 Unreported Nursing Home Deaths Caused By COVID-19 Yesterday, Gov. Cuomo was urging local officials across his state to start preparing for the reopening on May 15. On Tuesday, state health officials reported another 1,700 previously unreported deaths from America’s nursing homes and adult-care facilities. The revision follows a similar update […]

  • The UK Is Now Home To The Deadliest COVID-19 Outbreak In Europe

    ZeroHedge - May 5th 2020 9:40am EDT

    The UK Is Now Home To The Deadliest COVID-19 Outbreak In Europe After flip-flopping a handful of times over the past few weeks, it looks like the UK has finally cemented its status as the deadliest outbreak in Europe, with the UK death toll topping 32,000 on Monday, placing it decidedly above Italy’s 29,079, even […]

  • Will The Market Retest Lows This Summer?

    ZeroHedge - May 5th 2020 9:25am EDT

    Will The Market Retest Lows This Summer? Authored by Lance Roberts via RealInvestmentAdvice.com, Will the market retest lows this summer? In this past weekend’s commentary, I discussed the end of the seasonally strong period for the market. “Despite the sell-off on the last day of April, the Best Six Months has ended on a positive note, registering […]

  • Rabobank: “How Is This Not Front-Page News?”

    ZeroHedge - May 5th 2020 8:55am EDT

    Rabobank: “How Is This Not Front-Page News?” Submitted by Michael Every of Rabobank, All the news that’s fit to print. It’s a classic phrase, but it’s clearly not One Size Fits All in our fractured political/media landscape. Want to hear how awful party X or country Y is? There is a media outlet for you. […]

  • SoftBank-Backed Home-Flipping Company Says It’s Time To Resume Buying Properties

    ZeroHedge - May 5th 2020 8:40am EDT

    SoftBank-Backed Home-Flipping Company Says It’s Time To Resume Buying Properties Opendoor, a company backed by SoftBank that specializes in buying homes and flipping them, says now is time to get back into the market.  Far be it for us to question motives here at Zero Hedge, but one also must dryly note that their survival as a […]

  • Good Masks Are Critical, But How Do You Find Them?

    ZeroHedge - May 5th 2020 8:22am EDT

    Good Masks Are Critical, But How Do You Find Them? Authored by Mike Shedlock via MishTalk, Recent evidence suggesting most Covis-19 transmission happens from pre-symptomatic individuals. This makes masks critical. Mean number of days between someone getting infected with #COVIDー19 and their *infector* showing symptoms is negative 0.19 days! Suggesting most transmission is happening from […]

  • Global Markets Jump On Easing Of Lockdowns, Surging Oil

    ZeroHedge - May 5th 2020 8:06am EDT

    Global Markets Jump On Easing Of Lockdowns, Surging Oil Traders are buying in May and not going away. For the second consecutive day, US equity futures rose on Tuesday, bolstered by continued gains in the price of oil which headed for its longest winning streak in nine months amid optimism demand is rebounding and the […]

  • Blain: Financial Assets Are Effectively Doomed…

    ZeroHedge - May 5th 2020 8:02am EDT

    Blain: Financial Assets Are Effectively Doomed… Authored by Bill Blain via MorningPorridge.com, “He’s so fluffy I’m going to die…” A BBC producer once told me about the risk assessment she was required to complete before filming at a market in Wales. She quietly added “superglue to repair broken unicorn horns” to the first aid content list. She […]

  • Russia Reports 30,000 New COVID-19 Cases In 72 Hours As Explosive Spread Continues: Live Updates

    ZeroHedge - May 5th 2020 7:26am EDT

    Russia Reports 30,000 New COVID-19 Cases In 72 Hours As Explosive Spread Continues: Live Updates Last night, we reported that the number of confirmed coronavirus-linked deaths around the world had surpassed 250,000. The astronomical new milestones reached over the past week – the number of ‘confirmed’ cases topped 3 million while deaths topped a quarter-mil […]

  • Top German Court Finds Some ECB Action Unconstitutional, Gives 3 Month Ultimatum To Fix QE Roiling European Markets

    ZeroHedge - May 5th 2020 7:05am EDT

    Top German Court Finds Some ECB Action Unconstitutional, Gives 3 Month Ultimatum To Fix QE Roiling European Markets Germany’s Constitutional Court – sometimes called the Kardinals of Karlsruhe for their garb – stunned markets on Tuesday when it ruled that some actions by the European Central Bank may be unconstitutional, and that the central bank must explain […]

  • Dollars Vs Deaths – US Equity Investors Have Now Made Over $100 Million For Every COVID Victim

    ZeroHedge - May 5th 2020 6:30am EDT

    Dollars Vs Deaths – US Equity Investors Have Now Made Over $100 Million For Every COVID Victim Main Street vs Wall Street vs Blood on the Street… Just some facts. Make of them what you will. The Fed added just under $2 trillion to its balance sheet since the 3/23 lows in stocks. There have […]

  • Why It’s Different This Time, Part 1: Bailouts Can’t Save This Fragile System

    ZeroHedge - May 5th 2020 6:00am EDT

    Why It’s Different This Time, Part 1: Bailouts Can’t Save This Fragile System Authored by Charles Hugh Smith via The Daily Reckoning, It’s obvious the global economy is painfully fragile. What is less obvious is the bailouts intended to “save” the fragile economy actually increase its fragility, setting up an inevitable collapse of the entire […]

  • “Not A Bluff”: White House Might Pull US Military & Intelligence From UK Over China’s Huawei

    ZeroHedge - May 5th 2020 5:30am EDT

    “Not A Bluff”: White House Might Pull US Military & Intelligence From UK Over China’s Huawei The issue of China’s Huawei and its 5G technology is creating deep tensions once again between the US and some European allies, this time threatening the usually iron-clad Anglo-American relationship and defense ties.  The Telegraph Monday evening broke the […]

  • Heathrow Boss Says “Social Distancing” Will Never Work At Airports

    ZeroHedge - May 5th 2020 5:00am EDT

    Heathrow Boss Says “Social Distancing” Will Never Work At Airports Authored by Paul Joseph Watson via Summit News, Heathrow boss John Holland-Kaye warns that ‘social distancing’ measures would never work at airports because queues to board flights would be a kilometer long. The British public has been repeatedly told that even after the lockdown ends, […]