News From ZeroHedge, Page 3109

RSS

  • Good News America – Old (Spending) Habits Die Hard

    ZeroHedge - Apr 28th 2020 10:05pm EDT

    Good News America – Old (Spending) Habits Die Hard Via DataTrekResearch.com, “Everything’s going to be different” is a pretty popular phrase these days. Implicit in that idea, at least in part, is the notion that our day-to-day habits are changing as we work from home, shop more online, Zoom call with colleagues and friends, and order […]

  • Meet ‘Salus’ – The Pentagon’s New COVID-Hotspot, Panic-Buying Predicting AI

    ZeroHedge - Apr 28th 2020 9:45pm EDT

    Meet ‘Salus’ – The Pentagon’s New COVID-Hotspot, Panic-Buying Predicting AI A new predictive technology developed by the Pentagon can anticipate product shortages could help military personnel move supplies to retailers or hospitals with geographical precision before a shortage develops during a public health crisis.  The Joint Artificial Intelligence Center (JAIC) developed the new prototype artificial […]

  • Watch: Pentagon Releases US Navy Footage Of UFOs, Confirms The Videos Are “Real”

    ZeroHedge - Apr 28th 2020 9:25pm EDT

    Watch: Pentagon Releases US Navy Footage Of UFOs, Confirms The Videos Are “Real” Via SaraACarter.com, The Department of Defense released Monday three unclassified videos showing the U.S. Navy’s encounters with “unidentified aerial phenomena” in an attempt to “clear up any misconceptions” regarding whether the videos – which have been circulating for years – are real.  As AP […]

  • Mnuchin Says Dead People Aren’t Eligible For Stimulus Checks

    ZeroHedge - Apr 28th 2020 9:05pm EDT

    Mnuchin Says Dead People Aren’t Eligible For Stimulus Checks Two weeks ago we reported that in the rush to flood the population with plastic trinkets (i.e., $1,200 checks) just so the natives don’t get restless and realize that while they are getting scraps corporations, hedge funds, banks and PE firms are again getting billions, the […]

  • Trump Invokes Defense Production Act: Who Will Be Forced To Work At Meat Plants?

    ZeroHedge - Apr 28th 2020 8:45pm EDT

    Trump Invokes Defense Production Act: Who Will Be Forced To Work At Meat Plants? Submitted by Daisy Luther of The Organic Prepper Over the past few weeks, nearly a dozen large meat processing plants have closed their doors due to widespread coronavirus among employees. Thousands of workers have become infected and at the time of […]

  • ‘Infodemic’: Seoul Takes Aim At CNN “Fake News” Report About Kim Jong Un’s Failed Heart Surgery 

    ZeroHedge - Apr 28th 2020 8:25pm EDT

    ‘Infodemic’: Seoul Takes Aim At CNN “Fake News” Report About Kim Jong Un’s Failed Heart Surgery  Last week’s avalanche of headlines regarding Kim Jong Un’s ‘disappearance’ and possible death triggered initially by a report in Seoul-based outlet Daily NK, but then amplified by a CNN suggesting the North Korean leader is in “grave danger” following heart surgery, has been addressed […]

  • Chinagate Is The New Russiagate… And Is Far More Dangerous

    ZeroHedge - Apr 28th 2020 8:05pm EDT

    Chinagate Is The New Russiagate… And Is Far More Dangerous Authored by Mike Krieger via Liberty Blitzkrieg blog, I’ve become convinced the next major event that’ll be used to further centralize power and escalate domestic authoritarianism will center around U.S.-China tensions. We haven’t witnessed this “event” yet, but there’s a good chance it’ll occur within […]

  • Survey Finds 50 Million Americans Have Lost Their Job In Past 6 Weeks

    ZeroHedge - Apr 28th 2020 7:45pm EDT

    Survey Finds 50 Million Americans Have Lost Their Job In Past 6 Weeks When Thursday’s initial claims report is published at 830am on Thursday, the Dept of Labor will confirm that the current depression unlike any seen before, with approximately 30 million Americans losing their jobs in the past 6 weeks alone. That number, however, […]

  • Trump Could Use “Nuclear Option” To Make Saudi Arabia Pay For Oil War

    ZeroHedge - Apr 28th 2020 7:25pm EDT

    Trump Could Use “Nuclear Option” To Make Saudi Arabia Pay For Oil War Authored by Simon Watkins via OilPrice.com, President Donald Trump is considering all options available to him to make the Saudis pay for the oil price war as the crash that followed has done significant damage to the U.S. oil industry. With last […]

  • Has The Recovery Started Already? What Real-TIme Coronavirus Activity Trackers Are Showing

    ZeroHedge - Apr 28th 2020 7:05pm EDT

    Has The Recovery Started Already? What Real-TIme Coronavirus Activity Trackers Are Showing There was some good news in the latest coronavirus activity tracker from Goldman: signs of life amid an unprecedented collapse in aggregate demand. As the following chart tracking daily consumer prices shows, after cratering by as much as 50% into the middle of […]

  • Daily Briefing – April 28, 2020

    ZeroHedge - Apr 28th 2020 6:50pm EDT

    Daily Briefing – April 28, 2020 Tyler Durden Tue, 04/28/2020 – 18:50

  • The Twilight-Zone Economies Evolving From COVID-19

    ZeroHedge - Apr 28th 2020 6:45pm EDT

    The Twilight-Zone Economies Evolving From COVID-19 Authored by Bruce Wilds via Advancing Time blog, Currently, our economy is caught somewhere in the Twilight-Zone, a place that exists for moments but where wrong decisions often lead to madness. While this is happening a great deal of the population sits at home trying to ignore the reality developing outside […]

  • Jackson Mayor Suspends Open Carry Law, Citing COVID-19

    ZeroHedge - Apr 28th 2020 6:25pm EDT

    Jackson Mayor Suspends Open Carry Law, Citing COVID-19 The mayor of Jackson, Mississippi has used the COVID-19 pandemic as an excuse to suspend the city’s open carry law – announcing in a Saturday YouTube video that the suspension was a response to the ongoing gun violence in the city. “The City of Jackson faces a […]

  • Why Illinois Is Broke: 109,881 Public Employees With $100,000+ Paychecks Cost Taxpayers $14B

    ZeroHedge - Apr 28th 2020 6:05pm EDT

    Why Illinois Is Broke: 109,881 Public Employees With $100,000+ Paychecks Cost Taxpayers $14B Submitted by Adam Andrzejewski, originally published in Forbes, Illinois could soon be the first state in history to have its bonds rated as “junk.” Last month, both Moody’s MCO and Standard & Poor’s downgraded Illinois debt to just one notch above junk status. Last week, the […]

  • Store Visits Spike As States Lift Lockdowns, Even As Millions Remain Unemployed

    ZeroHedge - Apr 28th 2020 5:45pm EDT

    Store Visits Spike As States Lift Lockdowns, Even As Millions Remain Unemployed In a sign that maybe it won’t take years for consumers to get over their aversion to public spaces (as CNN has suggested), Reuters reports that visits to retail stores ticked higher across the US last week, with the biggest upticks seen in […]

  • Tuesday Surprise Rocks Flynn Case: Former Lawyers Failed To Produce Another Pile Of Evidence

    ZeroHedge - Apr 28th 2020 5:25pm EDT

    Tuesday Surprise Rocks Flynn Case: Former Lawyers Failed To Produce Another Pile Of Evidence Authored by John Solomon via JustTheNews (emphasis ours), The surprises keep coming in former National Security Adviser Michael Flynn’s legal battle to overturn his conviction in the Russia probe. Just days after the FBI belatedly produced possible evidence of innocence to […]

  • What If COVID-19 Immunity Doesn’t Last Long?

    ZeroHedge - Apr 28th 2020 5:05pm EDT

    What If COVID-19 Immunity Doesn’t Last Long? Many Americans who haven’t been closely following the stream of research, evolving opinions and changing recommendations of health-care professionals and organizations probably don’t realize just how little we know about the virus. Few realize that when health care professionals and epidemiologists recommend these shutdowns, they’re doing so based […]

  • US Intel Officials Believe 45,500 Corpses Were Incinerated In One Fortnight In Wuhan

    ZeroHedge - Apr 28th 2020 4:45pm EDT

    US Intel Officials Believe 45,500 Corpses Were Incinerated In One Fortnight In Wuhan Authored by Steve Watson via Summit News, US intelligence officials believe that the true scale of China’s coronavirus outbreak is at least FIFTY times worse than the communist state is admitting to, and that 60,000 dead bodies per month could have been […]

  • WTI Extends Intraday Rebound After Smaller-Than-Expected Crude Build

    ZeroHedge - Apr 28th 2020 4:35pm EDT

    WTI Extends Intraday Rebound After Smaller-Than-Expected Crude Build After yet another day of chaos in crude markets, as indices/ETFs shift their weightings, WTI (June) is flat on the day ahead of tonight’s inventory data from API “The June contract is going to be like what happened with May,” said Tariq Zahir commodity fund manager at New York-based […]

  • Google Jumps After Beating On Revenue, Despite Warning Of “Significant Slowdown” In March Ad Revenue

    ZeroHedge - Apr 28th 2020 4:20pm EDT

    Google Jumps After Beating On Revenue, Despite Warning Of “Significant Slowdown” In March Ad Revenue After a worse than expected earnings season so far (so far US EPS of -24% yoy has come in some 9% lower than consensus expectations among companies reporting so far), traders were especially curious to see what Google earnings would […]

  • “No Happy Ending For You” – Roubini Explains The Coming Greater Depression Of The 2020s

    ZeroHedge - Apr 28th 2020 4:20pm EDT

    “No Happy Ending For You” – Roubini Explains The Coming Greater Depression Of The 2020s Authored by Nouriel Roubini via Project Syndicate, After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes. So, rather than address the structural problems that the financial collapse and ensuing recession revealed, […]

  • Bonds Bid Amid Crude Chaos As Fauci Frightens FANGs

    ZeroHedge - Apr 28th 2020 4:00pm EDT

    Bonds Bid Amid Crude Chaos As Fauci Frightens FANGs The “Virus-Fear”-trade continues to tread water despite hopeful moves in the major indices this month… Source: Bloomberg But Dr. Fauci’s comments overnight seemed to spoil the party for the big momentum stocks… Source: Bloomberg “So it’s not going to disappear from the planet, which means as […]

  • Kyle Bass “Surprised” By Market’s April Rebound, Says US Economy “Has A Very Long Grind Back”

    ZeroHedge - Apr 28th 2020 3:50pm EDT

    Kyle Bass “Surprised” By Market’s April Rebound, Says US Economy “Has A Very Long Grind Back” Jeff Gundlach isn’t the only one who thinks the market’s April rally has been way overdone. During an interview with Squawk Box Tuesday morning, Hyman Capital Management Founder Kyle Bass said he was surprised by the market’s rebound in […]

  • Nomura: Only Machines Are Buying Stocks As Humans Stay At Home

    ZeroHedge - Apr 28th 2020 3:15pm EDT

    Nomura: Only Machines Are Buying Stocks As Humans Stay At Home Two weeks ago, we reported that an odd, if familiar, decoupling had re-emerged in the market where following the torrid rebound in the market, carbon-based traders (also known as humans) and fundamental hedge funds, have been skeptical of the rally and unwilling to chase […]

  • Up For A New Cold War… With China?

    ZeroHedge - Apr 28th 2020 3:00pm EDT

    Up For A New Cold War… With China? Authored by Patrick Buchanan via Buchanan.org, Is America, in lockdown, with 26 million unemployed and entering a new depression, up for a confrontation and Cold War with China? For that appears to be where the GOP wishes to lead us… According to Politico, a 57-page memo from Mitch […]