News From ZeroHedge, Page 3119

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  • The Hill: Stop The Panic & End The Total Isolation

    ZeroHedge - Apr 24th 2020 9:25am EDT

    The Data Is In… Stop The Panic & End The Total Isolation Authored by Scott Atlas, M.D., op-ed via The Hill, The tragedy of the COVID-19 pandemic appears to be entering the containment phase. Tens of thousands of Americans have died, and Americans are now desperate for sensible policymakers who have the courage to ignore the panic […]

  • Lysol Maker Begs Public Not To Inject Its Cleaning Products After Bizarre Trump Advice

    ZeroHedge - Apr 24th 2020 9:06am EDT

    Lysol Maker Begs Public Not To Inject Its Cleaning Products After Bizarre Trump Advice Love him or hate him, we believe many would agree that President Trump has made some pretty wild comments during his tenure in office, largely because he often insists on speaking extemporaneously, with little in the way of prep or review […]

  • Hope (In ‘Snake Oil’ Quick Fixes) Is Not A Strategy

    ZeroHedge - Apr 24th 2020 8:45am EDT

    Hope (In ‘Snake Oil’ Quick Fixes) Is Not A Strategy Authored by Bill Blain via MorningPorridge.com, “Watch what you say or they’ll be calling you a radical, liberal, oh fanatical, criminal…” It says it all when the market pays far more attention to a failed test of Gilead’s  drug Remdesivir than it does to the […]

  • US Durable Goods Orders Collapse In Early March Data

    ZeroHedge - Apr 24th 2020 8:36am EDT

    US Durable Goods Orders Collapse In Early March Data After an armada of ugly data this week, US Durable Goods orders were expected to be the piece de resistance and it was  – with preliminary March orders crashing 14.4% MoM (far worse than the already bad 12% decline expected), sending year-over-year durable goods orders down […]

  • Futures Rebound From Earlier Losses As Corona Optimism Returns

    ZeroHedge - Apr 24th 2020 8:22am EDT

    Futures Rebound From Earlier Losses As Corona Optimism Returns S&index futures reversed earlier losses as the U.S. House of Representatives passed a $484 billion coronavirus aid package, while China’s central bank cut another policy rate as expected. Sentiment was helped after US Covid-19 infections rose at the slowest pace in three weeks, and the potential […]

  • Fitch Warns Of Record Loan Defaults In April As Economy Implodes

    ZeroHedge - Apr 24th 2020 8:03am EDT

    Fitch Warns Of Record Loan Defaults In April As Economy Implodes Over the past two weeks, we have observed several very ominous tactical shifts from the largest US commercial bank: after it first announced it would halt all non-government insured loan issuance for the foreseeable future, traditionally the bank’s “bread and butter” business, JPMorgan then […]

  • Only Bull Market Is In Intervention

    ZeroHedge - Apr 24th 2020 7:34am EDT

    Only Bull Market Is In Intervention Submitted by Eleanor Creagh, Australian Market Strategist at Saxo Bank Summary: Asia equities trade subdued into the weekend after a broadly flat lead from Wall Street and with US and European futures remaining under pressure and in the red most of the session. Nikkei -0.70%, KOSPI -0.89%, Hang Seng […]

  • India Reports Record Jump In New Cases With US Death Toll Set To Pass 50k: Live Updates

    ZeroHedge - Apr 24th 2020 7:20am EDT

    India Reports Record Jump In New Cases With US Death Toll Set To Pass 50k: Live Updates As of 6amET Friday morning, the number of deaths linked to the coronavirus in the US stood at 49,963. You probably don’t need to be an ‘epidemiological expert’ to suspect that the death toll will surpass 50k on […]

  • The Fed vs Fundamentals: Who Wins?

    ZeroHedge - Apr 24th 2020 6:40am EDT

    The Fed vs Fundamentals: Who Wins? Submitted by The Chicago Economist The thing about market fundamentals is that they’re like gravity. They never relent. And that means if you’re not lighter than gravity it requires continuous energy to overcome it or succumb to it. In markets, productivity is the equivalent of being lighter than gravity, […]

  • Spanish Agents Capture Europe’s Most-Wanted ISIS Terrorist Wearing COVID-Mask As Disguise

    ZeroHedge - Apr 24th 2020 6:05am EDT

    Spanish Agents Capture Europe’s Most-Wanted ISIS Terrorist Wearing COVID-Mask As Disguise Terrorist cells in Europe are operating under cover of coronavirus lockdowns to shift personnel into the bloc or around. Earlier this week, Spain’s National Intelligence Centre (Spanish official intelligence agency) captured one of Europe’s highest-profile ISIS terrorists, Abdel Majed Abdel Bary, 28, reported The National. […]

  • What Will Post-COVID Look Like On TV And In The History Books

    ZeroHedge - Apr 24th 2020 5:30am EDT

    What Will Post-COVID Look Like On TV And In The History Books Authored by Denis Rencourt via The Ron Paul Institute for Peace & Prosperity, Difficult situation: There is no way the government can simply walk back from what it did with COVID-19… It imposed draconian general-population lockdown measures, and closed down the economy, irrespective […]

  • Ryanair Announces It Won’t Fly Again If “Idiotic” Rules Eliminating Middle Seats Are Enforced

    ZeroHedge - Apr 24th 2020 4:55am EDT

    Ryanair Announces It Won’t Fly Again If “Idiotic” Rules Eliminating Middle Seats Are Enforced Ryanair CEO Michael O’Leary, said the planes of the discount Irish carrier won’t return to the skies if the airline is forced to leave the middle seat empty to comply with “idiotic” in-flight social distancing rules. The boss of the no-frills […]

  • Welcome To Orwellian Italy 2020

    ZeroHedge - Apr 24th 2020 4:20am EDT

    Welcome To Orwellian Italy 2020 Authored by postfataresurgo for The Saker Blog, A video is circulating in Italy showing an armed policeman abruptly interrupting mass celebration in a small northern italian town in the Lombardy region, ordering the priest to stop the celebration immediately and dismiss the attendees. The priest refuses and goes on with […]

  • Trillion-Dollar Wealth Fund CEO Apologizes For Scandal That Rocked Norway’s Financial Elite

    ZeroHedge - Apr 24th 2020 3:45am EDT

    Trillion-Dollar Wealth Fund CEO Apologizes For Scandal That Rocked Norway’s Financial Elite Now that is an apology. At the beginning of this week, a scandal erupted in Norway that shook the rarefied world of central bankers and other members of Scandinavia’s financial elite: The outgoing CEO of Norway’s massive $1 trillion+ sovereign wealth fund – […]

  • Who Gains From Ratting On BoJo In Bombshell British Report?

    ZeroHedge - Apr 24th 2020 3:10am EDT

    Who Gains From Ratting On BoJo In Bombshell British Report? Authored by Finian Cunningham via The Strategic Culture Foundation, It could be seen as a fatal blow to Boris Johnson’s premiership. A bombshell report at the weekend revealed the British prime minister had declined to attend five emergency cabinet meetings in the lead-up to the […]

  • COVID-Chaos Triggers Record Losses For Swiss National Bank 

    ZeroHedge - Apr 24th 2020 2:35am EDT

    COVID-Chaos Triggers Record Losses For Swiss National Bank  In the first quarter of 2020, the hedge fund known as the Swiss National Bank (SNB) suffered its worst quarterly loss in over a century. The central bank posted a record loss of 38.2 billion Swiss francs (or about $39.34 billion) for the quarter on Thursday morning. It said the […]

  • Iran’s Ayatollahs Will Struggle To Survive The Oil Slump

    ZeroHedge - Apr 24th 2020 2:00am EDT

    Iran’s Ayatollahs Will Struggle To Survive The Oil Slump Authored by Con Coughlin via The Gatestone Institute, At a time when Iran’s Islamic regime is already facing unprecedented pressure over its handling of the coronavirus outbreak, as well as its disastrous handling of the economy, the global slump in oil prices could well prove to be the […]

  • Which States Are Most At Risk From The Economic “Reopening”

    ZeroHedge - Apr 24th 2020 12:17am EDT

    Which States Are Most At Risk From The Economic “Reopening” Since the conventionally accepted explanation for the artificially induced shutdown of the US economy was to minimize human interaction in hopes of dramatically reducing the R0 of the coronavirus pandemic, and force social distancing during the period of potential covid incubation to prevent its spread […]

  • Escobar: What Did U.S. Intel Really Know About The “Chinese” Virus?

    ZeroHedge - Apr 23rd 2020 11:45pm EDT

    Escobar: What Did U.S. Intel Really Know About The “Chinese” Virus? Authored by Pepe Escobar via The Saker blog, Hybrid War 2.0 on China, a bipartisan U.S. operation, is already reaching fever pitch. Its 24/7 full spectrum infowar arm blames China for everything coronavirus-related – doubling as a diversionist tactic against any informed criticism of […]

  • SoCal Nurses Who Were Suspended For Refusing To Work Without N95 Masks Have Been Reinstated

    ZeroHedge - Apr 23rd 2020 11:25pm EDT

    SoCal Nurses Who Were Suspended For Refusing To Work Without N95 Masks Have Been Reinstated Roughly 10 nurses who were suspended from their job because they demanded protective respirator masks are returning to work this week, according to the National Nurses United union. The nurses, who work at Providence St. John’s Health Center, had refused […]

  • JCPenney Prepares To File For Bankruptcy

    ZeroHedge - Apr 23rd 2020 11:17pm EDT

    JCPenney Prepares To File For Bankruptcy It’s finally here. After a decade of management turnover, near misses, last minute rescues, and one valeant (sic) if disastrous attempt at an activist turnaround, one of the most iconic US retailers and mall anchors, J.C. Penney, is preparping to file for bankruptcy. According to the Journal, J.C. Penney […]

  • COVID-19 Pandemic – Another 9/11 Moment For The West

    ZeroHedge - Apr 23rd 2020 11:05pm EDT

    COVID-19 Pandemic – Another 9/11 Moment For The West Authored by Richard Kemp via The Gatestone Institute, The coronavirus pandemic is a 9/11 moment. Al Qaida had been at war with the West for years before the destruction of the twin towers. But it took that barbarism to galvanise its largely supine prey into action. […]

  • “ISIS Has Nothing Over Saudi Arabia”: Kingdom Reaches 800 Beheadings Under Salman

    ZeroHedge - Apr 23rd 2020 10:45pm EDT

    “ISIS Has Nothing Over Saudi Arabia”: Kingdom Reaches 800 Beheadings Under Salman Another grim milestone was reached this week, but not on the COVID-19 front. Human rights monitors have recorded that Saudi Arabia has carried out its 800th execution since King Salman bin Abdulaziz (and by extension MbS) began his rule five years ago — most being in the […]

  • Trump: Live By The Oil, Die By The Oil

    ZeroHedge - Apr 23rd 2020 10:25pm EDT

    Trump: Live By The Oil, Die By The Oil Authored by Tom Luongo via The Strategic Culture Foundation, From the very beginning I’ve been a staunch critic of President Trump’s “Energy Dominance” policy. And I was so for a myriad of reasons, but mostly because it was stupid. Not just stupid, monumentally stupid. Breathtakingly stupid. […]

  • Unintended Consequences: The Fed’s Record Liquidity Flood Has Broken Europe’s Funding Markets

    ZeroHedge - Apr 23rd 2020 10:12pm EDT

    Unintended Consequences: The Fed’s Record Liquidity Flood Has Broken Europe’s Funding Markets Another week, another record in the Fed’s balance sheet, which as of April 22 hit an all time high $6.573 trillion, an increase of $205 billion on the week, up $2.644 trillion compared to a year ago and well on its way to […]