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  • “We Haven’t Had A Crisis Like This”: Tom Barrack Says US Property Market Is In “Chaos”

    ZeroHedge - Apr 26th 2020 11:00pm EDT

    “We Haven’t Had A Crisis Like This”: Tom Barrack Says US Property Market Is In “Chaos” If there is one person who knows real estate, it’s Tom Barrack, and if what Tom Barrack sees in the US real estate market is accurate, a real estate crash worse than 2008 is coming. Speaking to Bloomberg TV, […]

  • Pandemic Opportunities Arise For Trump But Will He Take Them?

    ZeroHedge - Apr 26th 2020 10:35pm EDT

    Pandemic Opportunities Arise For Trump But Will He Take Them? Authored by Tim Kriby via The Strategic Culture Foundation, The Coronavirus Pandemic much like any crisis, in a political sense, opens the doors for new opportunities. It seems as though governments cannot make major changes without a strong boot in the rear from some set […]

  • Gov. Newsom Urges Californians “Stay Home” As Heatwave Sends Desperate Californians To Open Beaches

    ZeroHedge - Apr 26th 2020 10:10pm EDT

    Gov. Newsom Urges Californians “Stay Home” As Heatwave Sends Desperate Californians To Open Beaches Tens of thousands of people flooded beaches in Southern California over the weekend as the first major heatwave of the year strikes, even as Gov. Gavin Newsom pleaded with everyone to stay home to flatten the pandemic curve.  Newsom tweeted Friday: “It’s going […]

  • Diamond Offshore Files For Bankruptcy

    ZeroHedge - Apr 26th 2020 9:50pm EDT

    Diamond Offshore Files For Bankruptcy Once upon a time, it was the most admired offshore drilling company in the US, and a perennial LBO candidate due to its rock-solid cashflows. A little over a decade later, the cashflows are gone, and Houston’s Diamond Offshore Drilling has just filed for bankruptcy listing debts of more than […]

  • Kadish: The US Needs To “Stop Playing The Chump”

    ZeroHedge - Apr 26th 2020 9:45pm EDT

    Kadish: The US Needs To “Stop Playing The Chump” Authored by Lawrence Kadish via The Gatestone Institute, The United States needs to stop playing the chump… For generations America has fattened up the very nations that would seek to destroy us.   Prior to Tokyo’s attack on Pearl Harbor, Americans bought Japanese goods, helping pay […]

  • US Beefs Up Gunship Presence In Gulf Ready To Back Trump’s Iran ‘Red Line’

    ZeroHedge - Apr 26th 2020 9:20pm EDT

    US Beefs Up Gunship Presence In Gulf Ready To Back Trump’s Iran ‘Red Line’ American forces in the Persian Gulf have greatly bolstered their ability to respond to Iran at a moment President Trump has renewed trading threats and barbs with the Islamic Republic, ordering the US Navy “to shoot down and destroy any and all […]

  • “Coronacide”

    ZeroHedge - Apr 26th 2020 8:55pm EDT

    “Coronacide” Authored by Robert Gore via Straight Line Logic, Grasping the obvious… this was all planned beforehand. As the totalitarian horror unfolds before our eyes, only the willfully blind will ignore it. Only those who refuse to think will fail to grasp its implications. Only the irretrievably corrupt will embrace it. “The Last Gasp,” Straight […]

  • “We’ll Pay You To Leave” – Hawaii Wants Visitors Gone As COVID Cases Mount 

    ZeroHedge - Apr 26th 2020 8:30pm EDT

    “We’ll Pay You To Leave” – Hawaii Wants Visitors Gone As COVID Cases Mount  Over the last 4-6 weeks, Hawaiians have become increasingly frustrated with tourists visiting the islands during the pandemic. Many visitors are ignoring quarantine rules and have put locals at risk of contracting COVID-19.  Some residents have already organized protests near the Maui airport, […]

  • “We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

    ZeroHedge - Apr 26th 2020 8:05pm EDT

    “We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on the world despite the protests of its fellow cartel members, oil […]

  • Coronavirus Deaths Likely 60% Higher Than Official Numbers Reflect, FT Finds

    ZeroHedge - Apr 26th 2020 7:40pm EDT

    Coronavirus Deaths Likely 60% Higher Than Official Numbers Reflect, FT Finds As experts try to model the true number of coronavirus deaths, and some random ‘surveillance’ studies have suggested that – at least in some badly hit areas – the number of confirmed coronavirus cases might be many multiples of the official count, the FT […]

  • TED’s Not Dead Because Jay Don’t Pay, Just Like Ben Couldn’t Then

    ZeroHedge - Apr 26th 2020 7:15pm EDT

    TED’s Not Dead Because Jay Don’t Pay, Just Like Ben Couldn’t Then Submitted by Jeffrey Snider of Alhambra Investments, It was chaos. Rumors of not one but two large European banks being pushed to the brink. Money market funds worried about breaking the buck rapidly pulling cash out from under any global name. The FOMC […]

  • “China Did A Lot Of Things Right”: Bill Gates Defends CCP, Slams America Over Handling Of Coronavirus

    ZeroHedge - Apr 26th 2020 6:50pm EDT

    “China Did A Lot Of Things Right”: Bill Gates Defends CCP, Slams America Over Handling Of Coronavirus Bill Gates vehemently defended China’s initial response to the coronavirus outbreak on Sunday, telling CNN’s Fareed Zakaria that the communist country – which silenced whistleblowers and lied about transmissibility – “did a lot of things right.” “How would […]

  • Recession & Depression

    ZeroHedge - Apr 26th 2020 6:25pm EDT

    Recession & Depression Authored by George Friedman via Geopolitical Futures.com, A recession is an essential part of the business cycle. Among other things it culls the weaker businesses and redistributes capital and labor for better uses. It is painful but necessary and it ends as it began, as a function of a healthy economy. Depressions […]

  • Does Elon Musk Risk Becoming A Chinese Government Asset?

    ZeroHedge - Apr 26th 2020 6:00pm EDT

    Does Elon Musk Risk Becoming A Chinese Government Asset? With the geopolitical landscape between the U.S. shifting even further as a result of the ongoing pandemic – and now potentially China’s involvement in North Korea amidst rumors of Kim Jong Un’s death – no one has really stepped back and taken the time to critically […]

  • Here Are The Three Steps For An “Exit Plan” Torward Full Economic Re-opening

    ZeroHedge - Apr 26th 2020 5:53pm EDT

    Here Are The Three Steps For An “Exit Plan” Torward Full Economic Re-opening Global infection growth slowed from 40% W/W to 20% W/W in the last fortnight (total infection: 2,709,483, death: 190,872, 7.0% mortality rate) as a majority of countries are past or nearing infection peak of the coronavirus curve. And as many states are […]

  • Hedge Fund CIO: “The Oil Price Is A Rare Indicator Of What Is Still Real In This Market”

    ZeroHedge - Apr 26th 2020 5:35pm EDT

    Hedge Fund CIO: “The Oil Price Is A Rare Indicator Of What Is Still Real In This Market” Authored by Eric Peters, CIO Of One River Asset Management, via LinkedIn. Crude utterly collapsed. 300% in a single trading day. Sellers paid $37.63 to buyers. Everyone acted shocked, but no one really cared. Not even Powell, […]

  • National Guard Deployed At Nation’s Food Banks To Ensure Stability During Unprecedented Times 

    ZeroHedge - Apr 26th 2020 5:10pm EDT

    National Guard Deployed At Nation’s Food Banks To Ensure Stability During Unprecedented Times  There is increasing evidence on social media that the National Guard has been deployed to the nation’s food banks to ensure food supply chain networks are not severed, and shortages do not materialize.  This comes at a challenging period for the country, […]

  • Whisteblowing ER Docs Urge “Open Up Society Now” Because “Lockdowns Are Weakening Our Immune Systems”

    ZeroHedge - Apr 26th 2020 4:45pm EDT

    Whisteblowing ER Docs Urge “Open Up Society Now” Because “Lockdowns Are Weakening Our Immune Systems” Authored by Edward Peter Stringham via The American Institute for Economic Research, Dr. Daniel W. Erickson of Bakersfield, California, is a former emergency-room physician who co-owns, with his partner Dr. Artin Massih, Accelerated Urgent Care in Bakersfield. They are experienced […]

  • Goldman Sees Imminent “Momentum” Crash As All S&P Gains Come From Just 5 Stocks

    ZeroHedge - Apr 26th 2020 4:20pm EDT

    Goldman Sees Imminent “Momentum” Crash As All S&P Gains Come From Just 5 Stocks With a third of companies having reported Q1 results so far, earnings season has proven to be neither a spoiler nor a catalyst, with modest market reaction to some truly horrific numbers as investors are now ready to ignore earnings until […]

  • Bitcoin’s Bull-Case Gets Big Boost As Calls For Negative Rates Mount

    ZeroHedge - Apr 26th 2020 3:55pm EDT

    Bitcoin’s Bull-Case Gets Big Boost As Calls For Negative Rates Mount Authored by Nick Chong via Bitcoinist.com, One of the most prominent Bitcoin narratives is that it is an asset not correlated with the going-ons of Wall Street, of the traditional world. Although this was seemingly the case for much of its earliest years, the […]

  • Bank Of China Clients Lose Over $1 Billion During Oil Crash, Many End Up Owing The Bank Money

    ZeroHedge - Apr 26th 2020 3:35pm EDT

    Bank Of China Clients Lose Over $1 Billion During Oil Crash, Many End Up Owing The Bank Money It’s not just investors in the largest US oil ETF, the USO, the suffered billions in losses last week after WTI plunged, its May contract settling at minus $37.63 on Monday: the shockwave from the crash in […]

  • Scientists Find More Evidence Novel Coronavirus Can Travel On Air Pollution Particles

    ZeroHedge - Apr 26th 2020 3:30pm EDT

    Scientists Find More Evidence Novel Coronavirus Can Travel On Air Pollution Particles Scientists are scrambling to find explanations for why the coronavirus outbreak in the Italian north was so much more pervasive and deadly than outbreaks in other parts of Europe, and even other parts of Italy. Some have proposed that Italy’s elderly population might […]

  • Wave Of Repos Imminent As Subprime Auto-Buyers Miss Payments

    ZeroHedge - Apr 26th 2020 3:05pm EDT

    Wave Of Repos Imminent As Subprime Auto-Buyers Miss Payments Authored by Mike Shedlock via MishTalk, Subprime car lenders report a sharp drop in auto loan payments. In a sign of upcoming trouble, Subprime Car Buyers Miss Loan Payments. Credit Acceptance Corp., the lender to car buyers with subprime credit scores, warned it’s seeing a sharp drop-off […]

  • Archive Of Biden Accuser’s Mother Calling CNN Scrubbed From Google Play Catalog

    ZeroHedge - Apr 26th 2020 2:40pm EDT

    Archive Of Biden Accuser’s Mother Calling CNN Scrubbed From Google Play Catalog An archived episode of CNN’s “Larry King Live” featuring a call from an anonymous caller later identified as the mother of Biden accuser Tara Reid appears to have been scrubbed from the Google Play catalog. The August 11, 1993 broadcast is conspicuously missing […]

  • The Oil Market Is Broken

    ZeroHedge - Apr 26th 2020 2:15pm EDT

    The Oil Market Is Broken Authored by Daniel Lacalle, OPEC and its partners have been cutting production since September 2016. Between September and November 2016 they cut production by more than 1.7 million barrels a day, a historical cut that was wrongly prolonged throughout the expansionary phase of the global economy. In December 2018 they cut […]