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  • Crude Carnage Continues Across Asia As Another Futures Contract Roll Looms

    ZeroHedge - Apr 27th 2020 11:00pm EDT

    Crude Carnage Continues Across Asia As Another Futures Contract Roll Looms Following last week’s bloodbathery in WTI as its May contract expired and the biggest oil ETF (US-Oh!) wreaked havoc between spot and futures markets, it appears we are set for deja vu all over again this week – except this time it’s the Brent […]

  • Sen. Tom Cotton Calls To Ban Chinese Students From Studying Science In The US

    ZeroHedge - Apr 27th 2020 10:40pm EDT

    Sen. Tom Cotton Calls To Ban Chinese Students From Studying Science In The US For the most part, Senator Tom Cotton has been on the ball: he was one of the first to raise objections about how China has reported their coronavirus data and was calling for investigations and accountability months before others in government even knew […]

  • “Playing Into Putin’s Hands” – Critics Lash-Out At Joint US-Russia Declaration On Historic Elbe Meeting

    ZeroHedge - Apr 27th 2020 10:20pm EDT

    “Playing Into Putin’s Hands” – Critics Lash-Out At Joint US-Russia Declaration On Historic Elbe Meeting Authored by Jason Ditz via AntiWar.com, In what seems a very innocuous statement, the US and Russia issued a joint commemoration this weekend of the 1945 meeting of US and Russian troops on the Elbe River, saying it showed the nations “overcoming […]

  • Macro Strategist: “Major Bond Markets Are Now The Most Worthless Indicators”

    ZeroHedge - Apr 27th 2020 10:19pm EDT

    Macro Strategist: “Major Bond Markets Are Now The Most Worthless Indicators” Exactly one month ago, when commenting on the Fed’s unlimited QE, we summarized Jerome Powell’s unprecedented nationalization of what was formerly the world’s deepest and most important market as follows: “the Fed’s takeover of bond markets (and soon all capital markets), means that any […]

  • Petition To Oust WHO’s Dr. Tedros Attracts More Than 1 Million Signatures

    ZeroHedge - Apr 27th 2020 10:00pm EDT

    Petition To Oust WHO’s Dr. Tedros Attracts More Than 1 Million Signatures A petition demanding the immediate resignation of World Health Organization Director-General Dr. Tedros Adhanom Ghebreyesus over his handling of the coronavirus pandemic has gathered more than 1 million signatures, according to the Korean Times. The petition, which was started by an individual using […]

  • Life After COVID: A Look At The New Economy

    ZeroHedge - Apr 27th 2020 9:40pm EDT

    Life After COVID: A Look At The New Economy Authored by Daisy Luther via The Organic Prepper blog, Many Americans have been locked down in their homes for more than a month now, and they’re anxiously awaiting the day when things “get back to normal.” I regret to inform you, as I wrote previously, that we’re never going […]

  • Detroit Democrats Cast Out Fellow Lawmaker Who Had Audacity To Credit Trump For HCQ COVID Cure

    ZeroHedge - Apr 27th 2020 9:20pm EDT

    Detroit Democrats Cast Out Fellow Lawmaker Who Had Audacity To Credit Trump For HCQ COVID Cure A Detroit Democratic lawmaker was officially censured by her party colleagues last weekend after she credited President Trump with for promoting hydroxychloroquine, which she says saved her life after she contracted COVID-19. According to The Detroit News, State Rep. […]

  • China Brokerage Forced To Retract Report Admitting Unemployment Rate Is 20%

    ZeroHedge - Apr 27th 2020 9:00pm EDT

    China Brokerage Forced To Retract Report Admitting Unemployment Rate Is 20% Is China’s unemployment rate 4 times higher than the official one? While we would be the last to accuse China of lying about anything – and Jack Dorsey would agree – a Chinese securities brokerage may have been foolish enough to admit the truth […]

  • WHO Mysteriously Deletes Tweet About Reinfection As ‘Immunity Passports’ Being Debated

    ZeroHedge - Apr 27th 2020 8:40pm EDT

    WHO Mysteriously Deletes Tweet About Reinfection As ‘Immunity Passports’ Being Debated The World Health Organization (WHO) on Sunday deleted an alarming tweet for unknown reasons suggesting COVID-19 infected persons could catch the disease a second time. The tweet was live long enough to be picked up in the media — some of which reported the information as “misleading” — before […]

  • A Federal Bailout Won’t Fix States’ Finances

    ZeroHedge - Apr 27th 2020 8:20pm EDT

    A Federal Bailout Won’t Fix States’ Finances Authored by Kevin William son via National Review.com, Bailing out the Illinois state pension system is the worst idea from a week in which we were discussing the health benefits of mainlining Lysol. (Please do not mainline Lysol. It will kill you.) Irresponsible state and local governments are […]

  • UPS Drones To Deliver CVS Meds To Florida Retirement Community 

    ZeroHedge - Apr 27th 2020 8:00pm EDT

    UPS Drones To Deliver CVS Meds To Florida Retirement Community  For the last year, we have documented how UPS has been preparing to launch its drone delivery program to fly medication from pharmacies to residential homes. There were some hurdles UPS had to get over with the FAA, as well as a period of testing. Bloomberg reports UPS was […]

  • This Is A Power-Grab The Likes Of Which We Haven’t Seen Since 9/11

    ZeroHedge - Apr 27th 2020 7:40pm EDT

    This Is A Power-Grab The Likes Of Which We Haven’t Seen Since 9/11 Authored by Simon Black via SovereignMan.com, Thousands of years ago in 458 BC, Lucius Quintius Cincinnatus was hard at work behind his plow on the family farm when a group of Roman Senators showed up with urgent news. A foreign enemy called […]

  • Pelosi Pitches Universal Basic Income To Cope With Pandemic

    ZeroHedge - Apr 27th 2020 7:20pm EDT

    Pelosi Pitches Universal Basic Income To Cope With Pandemic After holding up aid to small business owners before rushing to bail out horribly managed blue states, House Speaker Nancy Pelosi is now pushing a guaranteed minimum income for Americans struggling due to the pandemic.  “Let’s see what works, what is operational and what needs attention,” […]

  • The Fed Has Gone Nuts… And It Can Get Worse

    ZeroHedge - Apr 27th 2020 7:00pm EDT

    The Fed Has Gone Nuts… And It Can Get Worse Authored by Peter St.Onge via The Mises Institute, With its $700 billion bond-buying expansion in response to the COVID crisis, the Federal Reserve has thrust itself into the limelight. Like a sixteen-year-old with a credit card, the Fed is salivating over what money-printing powers it shall seize […]

  • Here’s Every State’s Plan For Lifting The Lockdown

    ZeroHedge - Apr 27th 2020 6:40pm EDT

    Here’s Every State’s Plan For Lifting The Lockdown As the debate about when, where and how to reopen the American economy rages on, here’s where all 50 states stand on reopening their economies, now that the White House has released its ‘guidelines’ and delegated ultimate authority to the governors of each state. Here’s a rundown […]

  • The Crash Has Only Just Begun

    ZeroHedge - Apr 27th 2020 6:20pm EDT

    The Crash Has Only Just Begun Authored by Charles Hugh Smith via OfTwoMinds blog, Everything, including a rational, connected-to-reality, effective financial system, is on back-order and unlikely to ship any time soon. While the stock market euphorically front-runs the Fed and a V-shaped recovery, the reality is the crash has only just begun. To understand […]

  • Daily Briefing – April 27, 2020

    ZeroHedge - Apr 27th 2020 6:10pm EDT

    Daily Briefing – April 27, 2020 Tyler Durden Mon, 04/27/2020 – 18:10

  • “We Ran Out Of Room”: Newspaper Prints 21 Pages Of COVID Death Notices In One Day

    ZeroHedge - Apr 27th 2020 6:00pm EDT

    “We Ran Out Of Room”: Newspaper Prints 21 Pages Of COVID Death Notices In One Day As the total confirmed COVID-19 cases approach one million this week, including over 55,000 deaths — the vast majority of these concentrated in American east coast cities, especially in the tri-state area — newspaper obituaries in the same cities are expanding to unheard of […]

  • Small Business Bailout Demand So High, SBA Portal Crashes 4 Minutes After Second Round Launch

    ZeroHedge - Apr 27th 2020 5:58pm EDT

    Small Business Bailout Demand So High, SBA Portal Crashes 4 Minutes After Second Round Launch It took just four minutes before unprecedented demand swamped the Small Business Administration’s second Paycheck Protection Program rollout, causing it to crash. Two days after Congress approved on Saturday another $310 billion in Small Business Administration Paycheck Protection Program loans […]

  • The Great Conundrum

    ZeroHedge - Apr 27th 2020 5:40pm EDT

    The Great Conundrum Authored by James Howard Kunstler via Kunstler.com, Don’t it always seem to go, that you don’t know what you’ve got ‘til it’s gone, Joni trilled half a century ago. Another song, by CSN, went, it’s been a long time coming, it’s gonna be a long time gone. Boomers. Back in the day – […]

  • Physical Gold Premiums Soar To Highest Since Crimean Conflict As Congressman Questions COMEX

    ZeroHedge - Apr 27th 2020 5:20pm EDT

    Physical Gold Premiums Soar To Highest Since Crimean Conflict As Congressman Questions COMEX The gold market remains chaotic with physical (geographical) shortages, increasing physical demand, paper squeezes, retail interest soaring, and now congressmen raising concerns with regulators. First some good news (ish) – The last few weeks have seen the huge premium for between COMEX […]

  • Gundlach Opens A New Short At 2,863, Says Market Could “Easily” Take Out March Lows

    ZeroHedge - Apr 27th 2020 3:45pm EDT

    Gundlach Opens A New Short At 2,863, Says Market Could “Easily” Take Out March Lows Some bulls who cheered the stock market’s rebound over the past three weeks might argue that the market’s strong performance in the face of millions of jobs evaporating – and other obvious signs of unprecedented economic distress – suggests a […]

  • “We Will Never Return To Free Market Capitalism”: Guggenheim’s Minerd Warns Fed Is Pushing US Toward A Populist Revolt

    ZeroHedge - Apr 27th 2020 3:15pm EDT

    “We Will Never Return To Free Market Capitalism”: Guggenheim’s Minerd Warns Fed Is Pushing US Toward A Populist Revolt Add Scott Minerd, the chief investment officer of Guggenheim Investments, to the growing list of financial professionals who understands that capital markets no longer exit, and it’s all thanks to the Fed. In his latest letter to […]

  • “This Happened”: Biden Accuser’s Sexual Assault Claim Corroborated By Two More Witnesses

    ZeroHedge - Apr 27th 2020 3:00pm EDT

    “This Happened”: Biden Accuser’s Sexual Assault Claim Corroborated By Two More Witnesses Two more sources have come forward to corroborate sexual assault claims against Joe Biden by former staffer Tara Reade, who claims that in 1993 Biden forced himself upon her and penetrated her against her will with his fingers. Biden and Reade (via Business […]

  • Top Manhattan ER Doctor Commits Suicide After Treating Coronavirus Patients

    ZeroHedge - Apr 27th 2020 2:46pm EDT

    Top Manhattan ER Doctor Commits Suicide After Treating Coronavirus Patients In a shocking example of the psychic toll that those fighting on the front lines of the coronavirus outbreak endure, a top emergency room doctor who treated coronavirus patients at a hospital in Manhattan has committed suicide, the New York Times reports. Dr. Lorna M. […]