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  • Howard Stern: Trump Supporters Should All Have A Big Virus Rally, Take Disinfectant, & “Drop Dead”

    ZeroHedge - Apr 28th 2020 12:45pm EDT

    Howard Stern: Trump Supporters Should All Have A Big Virus Rally, Take Disinfectant, & “Drop Dead” Authored by Paul Joseph Watson via Summit News, According to radio host Howard Stern, Trump supporters should gather for a large coronavirus rally, take disinfectant and “drop dead.” The SiriusXM host made the remarks while taking a call from […]

  • President Trump Readies Bailout For Nation’s Food Suppliers

    ZeroHedge - Apr 28th 2020 12:38pm EDT

    President Trump Readies Bailout For Nation’s Food Suppliers President Trump, on Tuesday, said he would be signing an executive order to address the meat supply aimed at Tyson Foods Inc.’s shuttered meatpacking plants that could disrupt the nation’s food supply in May. The president did not elaborate much on the executive order but noted Tyson […]

  • Tesla Drops Its D&O Insurance, Says Elon Musk Will Now “Personally Provide Coverage”

    ZeroHedge - Apr 28th 2020 12:30pm EDT

    Tesla Drops Its D&O Insurance, Says Elon Musk Will Now “Personally Provide Coverage” Of all of the “oddities” to come out of Tesla over the last decade or so, the one thing the company was never stupid enough to do – amidst what appears to be a neverending flurry of lawsuits and legal problems – […]

  • Third Major Transfer From The Middle Class To The Wealthy In 20 Years

    ZeroHedge - Apr 28th 2020 12:15pm EDT

    Third Major Transfer From The Middle Class To The Wealthy In 20 Years Authored by Mike Shedlock via MishTalk, The Fed is robbing the middle class once again… For the third time in 20 years, the Fed has targeted the middle class for the benefit of the wealthy. Don’t believe Fed lies. Its bailout of […]

  • Biggest European Banks Brace For Default Tsunami As Loan Losses Soar

    ZeroHedge - Apr 28th 2020 12:00pm EDT

    Biggest European Banks Brace For Default Tsunami As Loan Losses Soar After a dismal first quarter for US banks which saw a surge in loan loss reserves, if not nearly enough to offset the default wave that is coming…   … it was the turn of Europe’s mega banks to “open the kimono” so to […]

  • Trump Says ‘COVID Reparations’ Coming: US Will Bill China At Least $160 Billion

    ZeroHedge - Apr 28th 2020 11:40am EDT

    Trump Says ‘COVID Reparations’ Coming: US Will Bill China At Least $160 Billion At a moment total US COVID-19 cases fast approaches one million, President Trump has again lashed out at China but this time with a very specific threat to bill the county of the devastating coronvirus’ origin more that $160 billion for the ‘substantial’ amount […]

  • Rabo: Pelosi’s Stunning Proposal “Shows How Bad Things Are Right Now Out There”

    ZeroHedge - Apr 28th 2020 11:25am EDT

    Rabo: Pelosi’s Stunning Proposal “Shows How Bad Things Are Right Now Out There” Submitted by Michael Every of Rabobank It was another risk-off day in Asia with stocks generally down and oil prices most decidedly so. WTI was trading at USD10.89 at the time of writing when it started the year at around USD60, and […]

  • Politico Quietly Admits Their ‘Trump Owes China Millions’ Article Was Fake News With Midnight Correction

    ZeroHedge - Apr 28th 2020 10:55am EDT

    Politico Quietly Admits Their ‘Trump Owes China Millions’ Article Was Fake News With Midnight Correction Three days after Politico dropped a ‘bombshell’ report about President Trump owing millions of dollars to the Bank of China, they published a lengthy retraction seven minutes before midnight on Monday. The article claimed that a $1 billion refinancing deal […]

  • US Consumer Confidence Collapses, Richmond Fed Crashes To Record Lows

    ZeroHedge - Apr 28th 2020 10:09am EDT

    US Consumer Confidence Collapses, Richmond Fed Crashes To Record Lows After plunging in March, expectations were for The Conference Board confidence survey to crash even further in April as COVID concerns began to really rage and lockdowns went nationwide. The Conference Board’s headline index plummeted by 31.9 points, the sharpest drop since 1973 to its […]

  • Bronx ER Doctor Explains Why Reopening The Economy Now Might Actually Save Lives

    ZeroHedge - Apr 28th 2020 9:30am EDT

    Bronx ER Doctor Explains Why Reopening The Economy Now Might Actually Save Lives Last night, after we reported on a pair of ER doctors arguing that the US states should lift their lockdowns immediately (during the course of their argument, which was mostly rooted in trends they’ve witnessed first hand, they apparently made the error […]

  • 1-In-3 Americans Have Suffered A Layoff, Job Loss, Cut In Hours Or Income Due To COVID: Gallup

    ZeroHedge - Apr 28th 2020 9:12am EDT

    1-In-3 Americans Have Suffered A Layoff, Job Loss, Cut In Hours Or Income Due To COVID: Gallup Authored by Zach Hrunowski of Gallup Nearly one in three Americans have experienced a temporary layoff, permanent job loss, reduction in hours, or reduction of income as a result of the coronavirus situation. Eighteen percent have experienced more […]

  • US Home Prices Surged In February, But…

    ZeroHedge - Apr 28th 2020 9:02am EDT

    US Home Prices Surged In February, But… After a slight disappointment in January, analysts expected US home price growth to relatively stable… but instead it re-surged – rising 3.47% YoY (for the 20-City Composite) – the best YoY gain since Dec 2018. Source: Bloomberg Phoenix, Seattle, Tampa, Charlotte reported highest year-over-year gains among 20 cities […]

  • BMO: Optimism Is Getting Ahead Of Itself And Equities Are Vulnerable To Disappointment As Economy Reopens

    ZeroHedge - Apr 28th 2020 8:50am EDT

    BMO: Optimism Is Getting Ahead Of Itself And Equities Are Vulnerable To Disappointment As Economy Reopens Authored by Ian Lyngen, Jon Hill and Benjamin Jeffery, rates strategists at BMO Capital Markets In a continuation of the recent trend, risk assets have extracted sufficient optimism from the reopening preparation to further recoup much of March’s losses. […]

  • Quest Diagnostics Begins Selling COVID-19 Antibody Tests

    ZeroHedge - Apr 28th 2020 8:38am EDT

    Quest Diagnostics Begins Selling COVID-19 Antibody Tests How long before there is a run on these? First, it was N95 masks, then toilet paper, then hand sanitizer, and now nicotine patches; but we suspect the next virus-related item to be in ‘shortage’ is here… the COVID-19 Antibody Test. Quest Diagnostics has begun to sell its […]

  • Market Rises As The Economy Reopens, Routs Risk/Reward

    ZeroHedge - Apr 28th 2020 8:30am EDT

    Market Rises As The Economy Reopens, Routs Risk/Reward Authored by Lance Roberts via RealInvestmentAdvice.com, Market rises as the economy reopens. The question, however, is what happens next? While there has been much debate from the economic perspective, the market has risen in anticipation of the event. Is it an “all clear,” for the bulls, or […]

  • Crude Chaotic Again As Negative Price Fears Spark Dramatic Index/ETF Shifts

    ZeroHedge - Apr 28th 2020 8:13am EDT

    Crude Chaotic Again As Negative Price Fears Spark Dramatic Index/ETF Shifts Since we showed the renewed crash in the oil complex overnight, crude prices have roller-coastered dramatically after a major index tracked by billions of dollars in funds bailed out of near-term contracts for fear prices may turn negative again. June futures fell over 21% […]

  • Futures Surge, Dollar Tumbles As Oil Swings Wildly

    ZeroHedge - Apr 28th 2020 8:11am EDT

    Futures Surge, Dollar Tumbles As Oil Swings Wildly About one year ago, corporate profits didn’t matter and stocks would continue levitating day after day because “any minute now” Trump would complete a Phase 1 trade deal with China. Well, one year later, profits again don’t matter and probably never will again now that the Fed […]

  • Chinese Warns US To Halt Military Operations In South China Sea 

    ZeroHedge - Apr 28th 2020 8:00am EDT

    Chinese Warns US To Halt Military Operations In South China Sea  The Chinese military is closely monitoring a US Navy guided-missile destroyer transiting the South China Sea on Tuesday (April 28).  When US destroyer Barry trespassed into China’s territorial waters off the Xisha Islands on Tue, the PLA Southern Theater Command coordinated with naval and […]

  • New Zealand Officially Reopens As More US States Plan To Lift Lockdowns As Soon As This Week: Live Updates

    ZeroHedge - Apr 28th 2020 7:52am EDT

    New Zealand Officially Reopens As More US States Plan To Lift Lockdowns As Soon As This Week: Live Updates US stocks clinched their fourth straight positive close on Monday, with the main indexes logging their longest win streak since February – back when ‘lockdowns’ were still a foreign concept outside China – as April is […]

  • YouTube Censors Viral Video Of California Doctors Criticizing “Stay-At-Home” Order

    ZeroHedge - Apr 28th 2020 7:45am EDT

    YouTube Censors Viral Video Of California Doctors Criticizing “Stay-At-Home” Order Authored by Paul Joseph Watson via Summit News, YouTube has censored a viral video in which two doctors criticized the logic of whether California’s stay-at-home coronavirus order is necessary. The video, which had racked up over 5 million views, featured Dr. Dan Erickson and Dr. […]

  • GOP Senator Demands DoJ Launch Antitrust Probe Into Amazon Over Evidence Company Lied To Congress

    ZeroHedge - Apr 28th 2020 7:30am EDT

    GOP Senator Demands DoJ Launch Antitrust Probe Into Amazon Over Evidence Company Lied To Congress This is not a good look for AMZN… One of the Senate’s harshest critics of America’s tech behemoths has just put his money where his mouth is, so to speak. After years of attacking the companies represented by the so-called […]

  • 2 Million Australians Download Coronavirus Tracing App 

    ZeroHedge - Apr 28th 2020 6:30am EDT

    2 Million Australians Download Coronavirus Tracing App  Two million Australians have downloaded a COVID-19 contact tracing app hours after the government released it, reported Reuters.  The COVIDSafe app for smartphone devices uses Bluetooth technology to create a “digital handshake” when other users comes within 4.9ft. The app logs the contact and encrypts it, will inform users […]

  • Next In COVID-19 Tyranny: Ron Paul Warns Of Forced Vaccinations & “Digital Certificates”

    ZeroHedge - Apr 28th 2020 6:00am EDT

    Next In COVID-19 Tyranny: Ron Paul Warns Of Forced Vaccinations & “Digital Certificates” Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, In my first week in the House of Representatives in 1976, I cast one of the two votes against legislation appropriating funds for a swine flu vaccination program. A […]

  • US To Give Israel ‘Green Light’ To Annex Jordan Valley In 2 Months: Netanyahu

    ZeroHedge - Apr 28th 2020 5:30am EDT

    US To Give Israel ‘Green Light’ To Annex Jordan Valley In 2 Months: Netanyahu Israeli Prime Minister Benjamin Netanyahu has said he expects that the United States will soon approve Israel’s move to annex parts of the West Bank during comments made Sunday while discussing Trump’s “deal of the century” peace plan. He projected this will […]

  • Finally, It Matters What The Fed Can And Can’t Print

    ZeroHedge - Apr 28th 2020 5:00am EDT

    Finally, It Matters What The Fed Can And Can’t Print Authored by John Rubino via DollarCollapse.com, Sound money advocates have been proclaiming that “the Fed can’t print gold” pretty much since the end of the last gold standard in 1971. But no one outside our little echo chamber paid attention, fixating instead on what the […]