Coronavirus Defeated By Experimental Antibody That Targets Spike Protein An experimental antibody developed by researchers at Utrecht University in the Netherlands can defeat coronavirus in a laboratory setting, according to a new study published in Nature Communications Bloomberg, which notes that the antibody – known as 47D11 – neutralized the virus in cell cultures. Monoclonal […]
Morgan Stanley Braces For “Overdue” 10% Correction In Stocks Two weeks after Morgan Stanley’s former equity bear Michael Wilson, who led Wall Street strategists by first turning bullish in mid-March at the depths of the coronacrisis, turned “tactically” bearish warning that “stocks are now overbought”, Wilson is back with a repeat warning, expecting an overdue […]
North Korean Defectors Apologize For Embarrassingly Wrong Kim Jong Un “Death” Info Some prominent North Korean defectors and dissidents are in the hot seat after giving embarrassingly wrong information just days before Kim Jong Un’s much-awaited public appearance last Friday after an uncharacteristic 3-week absence which had unleashed a torrent of rumors and reports of this death […]
Rabobank: There Is One Key Thing To Watch Today: The Yuan Submitted by Michael Every of Rabobank Tunnels & Trolls There is one key thing to watch today. That is USD/CNH, which is vitally important as the exchange rate of the world’s two largest economies, and as a key trigger for risk off panic when […]
“We’re All Born Hunters” – Americans Turn To Hunting Game Amid Pandemic Food Shortage Fears The slowdown or even the shuttering of meat processing plants due to coronavirus outbreaks has led to meat shortages and soaring food inflation. Supermarket chain Kroger reported Friday that it has put “purchase limits” on ground beef and fresh pork at […]
Elon Musk Puts Two Homes On The Market After Tweeting He Would Sell Most Of His “Physical Possessions” By now everybody has had a chance to let Elon Musk’s Friday meltdown Twitter tirade that lobbed off almost $15 billion in Tesla market cap. Among the various disjointed statements from Musk’s Twitter account – which among […]
900 Lockdown-“Snitches” Fear Violent Reprisals After Names, Addresses Published Online People across the US have been using quarantine lockdown violations to snitch on others. Sometimes, it’s a stranger, but more often than not, people are snitching on others they know – sometimes all too well. Arguably the best single piece of reporting ever published by […]
The Inevitable Coronavirus Censorship Crisis Is Here Authored by Matt Taibbi, As the Covid-19 crisis progresses, censorship programs advance, amid calls for China-style control of the Internet… Earlier this week, Atlantic magazine – fast becoming the favored media outlet for self-styled intellectual elites of the Aspen Institute type – ran an in-depth article of the problems free speech poses […]
US Manufacturers New Orders Crash BY Most Ever (And April Will Be Worse) Amid collapsing employment, crashing sentiment signals, and carnage in any hard data signals around the world, it is no surprise that analysts expected a 9.7% MoM plunge in factory orders in March (still before the major lockdowns in April). But the actual […]
“They’re So Lucky I’m Their President”: Trump Gloats As Californians Try To Block Immigration From Mexico Stocks are plunging Monday with airlines posting some of the biggest losses, yet for whatever reason, markets reporters at the FT and WSJ appear content to attribute the selloff to renewed ‘tensions’ between the US and China – and […]
New York Fed Responds To Gundlach, Reveals It Will Start Buying ETFs In “Early May” Responding indirectly to Jeff Gunlach’s late Friday tweet, in which the bond king observed something we had noted previously, namely that “the Fed has not actually bought any Corporate Bonds via the shell company set up to circumvent the restrictions […]
Chinese Report Warns Of Possible Armed Conflict With US Over Coronavirus Backlash An internal report presented to Chinese President Xi Jinping and other top leaders concludes that global anti-China sentiment is at a level not seen since the 1989 Tiananmen Square crackdown, and recommends preparing for a worst-case scenario of armed conflict with the United […]
Yields Jump After Apple Announces Another Massive 4-Tranche Buyback-Funding Bond Offering After a subdued overnight session, where investors flows were directed toward the bond complex and out of risk assets, moments ago we saw a sharp steepening move in Treasury yields across the curve, with 10Y and 30Y yields moving higher by 3-4bps. The reason: […]
53% More New Porsche Registrations Despite Corona Crisis, As Competition Suffers Heavy Losses Submitted by Raphael Adrian of Kryptoszene, In January, roughly 53% more new Porsche vehicles were registered in Germany than in the same month of last year. The number of new vehicle registrations for all car manufacturers and brands fell by 7% over […]
Key Events In This Just As Busy, Event-Filled Week While last week saw an unprecedented pace of newsflow with a non-stop barrage of corporate earnings repots, economic data and central bank announcements, the news deluge continues for another week. The main highlight this week, according to DB’s Jim Reid, will be Friday’s US job numbers. […]
The Invisible Hand Of Markets Is Handcuffed To QE-Infinity… There Will Be Consequences Authored by Bill Blain via Morning Porridge, “Why that’s absurd, the wing is on the bird” Economies are poised to crawl out from underneath the COVID rock. Across Europe and the States it’s not quite an economic spring, but there is a […]
‘Economic Fallout Accelerated’ – Hong Kong Records Worst Contraction In History Hong Kong’s economy in the first quarter suffered its deepest annual contraction on record, plunging 8.9% YoY as the coronavirus pandemic dealt a heavy blow to business activity in the city, already suffering from a collapse in tourism and retail industries due to months of anti-government protests […]
Spain’s Push To Extend Lockdown Sparks Political Standoff As Global Coronavirus Deaths Decline For 5th Day: Live Updates Summary: Deaths decline for 5th day Japan extends state of emergency Spanish opposition threatens to torpedo vote to extend lockdown Iran to allow Friday prayers UK defense secretary says China owes the world ‘an explanation’ * * […]
Why Assets Will Crash Authored by Charles Hugh Smith via OfTwoMinds blog, This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees. The increasing concentration of the ownership of wealth/assets in the top 10% has […]
Global Stocks Tumble On Renewed US-China Tensions; US Airlines Plunge On Buffett Exit US equity futures, European stock markets and oil prices all fell on Monday as an escalating war of words between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in […]
What American Life Will Look Like After The Corona-Crisis Ends Authored by Kristin Tate, op-ed via The Hill, A new age is dawning on our nation. For all of the major events of history, the engines of our economy and functions of our government have been upended by an invisible enemy. The death toll of […]
Global IPO Activity “Has Collapsed” Amid Market Turmoil Several months ago (at the start of March), we pointed out how capital markets were becoming dislocated, credit markets were freezing, and economic paralysis was unfolding across the world as the pandemic worsened. This all resulted in a deep freeze of the global IPO market that continues to be […]
Is Sweden’s COVID-19 Handling A Failure Or A Success? Authored by Mike Shedlock via MishTalk, Sweden did not have a hard lockdown like its neighbors although people were advised to work from home when possible. It also banned nursing home visits on April 7. Sweden says its model worked, but Numbers Suggest a Different Story. Sweden’s […]
Greek ‘Borat’ Returns To Explain Phase 2 Of China’s World Domination Plot After a seven-year absence, having hunkered down following his European Crisis commentary success, Mr. Panos – the Greek ‘Borat’ – explains (with his ubiquitously shocking sense of reality) just what the Chinese are up to… a three-phase plot to dominate the world. Phase […]
Majority Of Brits Uncomfortable About Going To Bars, Restaurants; Poll Authored by Paul Joseph Watson via Summit News, A new poll has found that even after the lockdown ends, a majority of Brits will still feel uncomfortable about going to bars and attending large social gatherings. The survey by Ipsos Mori shows that 61% would be uncomfortable […]
- Aug 9th 2025 5:17pm EDT