New York Fed Responds To Gundlach, Reveals It Will Start Buying ETFs In “Early May”
ZeroHedge - May 4th 2020 9:45am EDT 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
ZeroHedge - May 4th 2020 9:35am EDT 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
ZeroHedge - May 4th 2020 9:26am EDT 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
ZeroHedge - May 4th 2020 9:19am EDT 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
ZeroHedge - May 4th 2020 9:10am EDT 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
ZeroHedge - May 4th 2020 8:51am EDT 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
ZeroHedge - May 4th 2020 8:35am EDT ‘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
ZeroHedge - May 4th 2020 8:18am EDT 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
ZeroHedge - May 4th 2020 8:15am EDT 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
ZeroHedge - May 4th 2020 7:59am EDT 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
ZeroHedge - May 4th 2020 6:00am EDT 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
ZeroHedge - May 4th 2020 5:30am EDT 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?
ZeroHedge - May 4th 2020 5:00am EDT 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
ZeroHedge - May 4th 2020 4:15am EDT 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
ZeroHedge - May 4th 2020 3:30am EDT 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 […]
Greek Brothels To Reopen But Hookers And Clients Required To Wear Masks And Gloves
ZeroHedge - May 4th 2020 2:45am EDT Greek Brothels To Reopen But Hookers And Clients Required To Wear Masks And Gloves In Greece the discussion about “essential businesses” appears to have gone in a different direction than in the United States. While Americans are bickering over when to reopen malls, restaurants and casinos, Greece has managed to get its “most essential” businesses […]
Three Reasons Why The Eurozone Recovery Will Be Poor
ZeroHedge - May 4th 2020 2:00am EDT Three Reasons Why The Eurozone Recovery Will Be Poor Authored by Daniel Lacalle, The Eurozone economy is expected to collapse in 2020. In countries like Spain and Italy, the decline, more than 9%, will likely be much larger then emerging market economies. However, the key is to understand how and when will the eurozone economies […]
China Faces “Economic Reckoning” As COVID-19 Turns World Against Globalisation
ZeroHedge - May 4th 2020 12:00am EDT China Faces “Economic Reckoning” As COVID-19 Turns World Against Globalisation Authored by Cary Huang, op-ed via The South China Morning Post, Trump, Brexit, trade war… the forces against globalisation have been gathering pace since 2008. Now the coronavirus threatens the knockout blow That’s bad news for an economic giant that is one of its biggest […]
Majority Of Americans Don’t Trust Tech Companies With Contact-Tracing
ZeroHedge - May 3rd 2020 11:35pm EDT Majority Of Americans Don’t Trust Tech Companies With Contact-Tracing With the idea of contact tracing as a plan to help re-open businesses and stop the spread of the COVID-19 virus, many Americans are skeptical about their privacy and how much data these tracing tools will collect on their lives. In a joint survey between the Washington Post […]
Dems’ Rehabilitated Hero: Online Disgust Follows Glowing Praise For George W. Bush’s COVID-19 Message
ZeroHedge - May 3rd 2020 11:10pm EDTDems’ Rehabilitated Hero: Online Disgust Follows Glowing Praise For George W. Bush’s COVID-19 Message Authored by Andrea Germanos via CommonDreams.org, George W. Bush’s record in office became the subject of numerous tweets after a video message released Saturday from the former president elicited praise from some Democrats. A Message from President George W. Bush@TheCalltoUnite pic.twitter.com/FIn9wuOPTF […]
Future Economy Class Cabins In Post-Corona World Could Look like This…
ZeroHedge - May 3rd 2020 10:45pm EDT Future Economy Class Cabins In Post-Corona World Could Look like This… The future of economy class cabins on commercial jets could be reshaped because of the COVID-19 pandemic. New cabin seating arrangements have already been conceptualized by an Italian design firm this week that shows plastic shields and backward seats. Aviointeriors has designed a “hygienic […]
Leftists Fume As Michael Moore Turns On Fraudulent “Green” Movement In Latest Movie
ZeroHedge - May 3rd 2020 10:20pm EDTLeftists Fume As Michael Moore Turns On Fraudulent “Green” Movement In Latest Movie Executive produced by activist and filmmaker Michael Moore, 21stCentureWire.com points out that the new documentary Planet of the Humans, dares to say what no one else will say on this Earth Day – the leading ‘green’ environmental activists, including Al Gore, have taken […]
“We Had 2 Customers All Weekend” – Georgia’s Small Businesses Gripe About “Disastrous” Reopening
ZeroHedge - May 3rd 2020 9:55pm EDT “We Had 2 Customers All Weekend” – Georgia’s Small Businesses Gripe About “Disastrous” Reopening A few days back, we shared an interesting piece of “real time” data suggesting an increase in foot traffic to retail “hot spots” across Georgia last weekend, the first that certain businesses in the state were allowed to reopen. But since […]
QE Defender – Stop The QE Insanity: Helicopter Money And The Risk Of Hyperinflation
ZeroHedge - May 3rd 2020 9:30pm EDT QE Defender – Stop The QE Insanity: Helicopter Money And The Risk Of Hyperinflation Submitted by BullionStar.com, In 2016 at FreedomFest in Las Vegas, BullionStar first launched the QE Defender game. With the central banks going all in on debasement of money by all means of quantitative easing and money printing, the QE Defender Game is […]
Watch: Video Of NYPD Officer Brutalizing Bystander During ‘Social Distancing’ Arrest Sparks Outrage
ZeroHedge - May 3rd 2020 9:05pm EDTWatch: Video Of NYPD Officer Brutalizing Bystander During ‘Social Distancing’ Arrest Sparks Outrage We’ve been covering the NYPD’s ‘War on Barbecuing’ since news first broke that the NYPD – presumably at the behest of Mayor de Blasio – was ordering 1,000 more cops to patrol the city’s parks and public space to crack down on […]
