• Elizabeth Warren’s Brother Dies Of Coronavirus

    ZeroHedge - Apr 23rd 2020 11:17am EDT

    Elizabeth Warren’s Brother Dies Of Coronavirus Sen. Elizabeth Warren’s older brother, Donald Reed Herring, died on Tuesday night in Norman, Oklahoma according to the former presidential candidate. The 86-year-old Herring was a 20-year veteran of the Air Force and a Vietnam veteran. My oldest brother, Don Reed, died from coronavirus on Tuesday evening. He joined […]

  • Portfolio Management In An Era Of ‘Greater Fools’

    ZeroHedge - Apr 23rd 2020 11:10am EDT

    Portfolio Management In An Era Of ‘Greater Fools’ Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, U.S. Treasury bonds of all maturities have recently flirted with zero percent yields and, in the case of some Treasury Bills, have at times traded at negative yields. As a result, these bonds are closing in on the […]

  • Trump Says “No” To World Money

    ZeroHedge - Apr 23rd 2020 10:35am EDT

    Trump Says “No” To World Money Authored by James Rickards via The Daily Reckoning, Over the course of 13 years as a media commentator and nine years as a bestselling author, I’ve had frequent occasion to state the following: “In 1998, Wall Street came together to bail out a hedge fund. In 2008, the Federal […]

  • Bill Gates Continues To Push ‘Immunity Passports’ And Tech-Enabled Surveillance State To Combat COVID

    ZeroHedge - Apr 23rd 2020 10:15am EDT

    Bill Gates Continues To Push ‘Immunity Passports’ And Tech-Enabled Surveillance State To Combat COVID Bill Gates has inserted himself into the national dialogue as a self-proclaimed coronavirus sage who will lead the world out of dark times through a digitally-assisted brave new world of testing, contact tracing, and of course – a vaccine. Of course, […]

  • US New Home Sales Have Never Dropped This Much In March… Ever

    ZeroHedge - Apr 23rd 2020 10:05am EDT

    US New Home Sales Have Never Dropped This Much In March… Ever After the plunge in homebuilder sentiment as they are forced to face reality and the big drop in existing home sales, new home sales were expected to tumble in March (after already dropping in February – bucking the uptrend in existing- and pending-sales). […]

  • BOJ To Launch Unlimited QE, Double Corporate Bond Purchases

    ZeroHedge - Apr 23rd 2020 10:00am EDT

    BOJ To Launch Unlimited QE, Double Corporate Bond Purchases One day after the ECB announced that it – just like the Fed – would purchases fallen angle junk bonds, the BOJ, afraid it would be left behind in the global race to crush one’s currency, is reportedly preparing to abandon its 80 trillion yen a […]

  • Rabobank: You Can Stop The Lockdown But You Won’t Go Back To Normal

    ZeroHedge - Apr 23rd 2020 10:00am EDT

    Rabobank: You Can Stop The Lockdown But You Won’t Go Back To Normal Submitted by Michael Every of Rabobank Suspicious Minds It is perhaps the oldest Middle East oil trick in the book: you want higher oil prices, threaten to start breaking things. Yesterday US President Trump gave an order authorizing the navy to use […]

  • The Lessons Learned From Today’s Disastrous Global PMIs

    ZeroHedge - Apr 23rd 2020 9:50am EDT

    The Lessons Learned From Today’s Disastrous Global PMIs There have been a number of PMIs released in the last 12 hours or so… And it’s safe to say that they didn’t live up to expectations, exposing how thankless a task it is to forecast economic data in this environment. Japanese PMIs hit record lows (well below expectations)… […]

  • Tucker Carlson Slams Lockdowns As “Largest And Most Expensive Experiment In Human History”

    ZeroHedge - Apr 23rd 2020 9:30am EDT

    Tucker Carlson Slams Lockdowns As “Largest And Most Expensive Experiment In Human History” Fox News host Tucker Carlson railed against the lockdowns in most US states aimed at slowing the spread of coronavirus. In a compelling presentation Wednesday night, Carlson questioned the “science” behind the decision to shut down much of the country, which has […]

  • Oil: The Storm Before The Really Big Storm

    ZeroHedge - Apr 23rd 2020 9:15am EDT

    Oil: The Storm Before The Really Big Storm Authored by Peter Zeihan, West Texas Intermediate, the oil grade most associated with American production, plunged down to -$40 April 20. You read the right. For a while this week, sellers had to pay people forty bucks to take a barrel of crude. As with any product, the business […]

  • “Most, If Not All” Of The American Economy Should Reopen By Summer’s End, Mnuchin Says

    ZeroHedge - Apr 23rd 2020 9:00am EDT

    “Most, If Not All” Of The American Economy Should Reopen By Summer’s End, Mnuchin Says During an appearance on Fox Business yesterday, Treasury Secretary Steven Mnuchin said he expects “most, if not all,” of the American economy to reopen by the end of August, offering one of the first timelines – however informal – for […]

  • We Have Become ‘Karen’ Nation

    ZeroHedge - Apr 23rd 2020 8:45am EDT

    We Have Become ‘Karen’ Nation Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, A week ago, I didn’t know what a ‘Karen’ was. Today I can’t stop seeing Karens everywhere I look. It’s like that moment in They Live! when Nada puts on the glasses for the first time. The problem now is […]

  • 565 Americans Have Lost Their Job For Every Confirmed COVID-19 Death In The US

    ZeroHedge - Apr 23rd 2020 8:33am EDT

    565 Americans Have Lost Their Job For Every Confirmed COVID-19 Death In The US In the last week 4.427 million Americans filed for unemployment benefits for the first time. Source: Bloomberg That brings the four-week total to 26.5 million, which is over 10 times the prior worst five-week period in the last 50-plus years. And […]

  • Brutal Realities & Illusions Of Normality: Angry Voters, Destitute Retirees, & Social Unrest

    ZeroHedge - Apr 23rd 2020 8:12am EDT

    Brutal Realities & Illusions Of Normality: Angry Voters, Destitute Retirees, & Social Unrest Authored by Bill Blain via MorningPorridge.com, “In a time of universal deceit – telling the truth is a revolutionary act” Trump is not a complete fool. He knows enough to move oil prices up. Threaten to start a war in the Middle […]

  • “Unprecedented Damage To The Euro Zone” – European PMIs Hammered By Record Collapse

    ZeroHedge - Apr 23rd 2020 7:53am EDT

    “Unprecedented Damage To The Euro Zone” – European PMIs Hammered By Record Collapse Economic activity across the eurozone ground to a halt this month as the new coronavirus sweeping across the world forced governments to impose lockdowns and firms to down tools and shut their businesses. The latest monthly PMI manufacturing and service surveys illustrated […]

  • Shocking New Data Show 90% Of COVID-19 Patients On Ventilators Won’t Survive: Live Updates

    ZeroHedge - Apr 23rd 2020 7:17am EDT

    Shocking New Data Show 90% Of COVID-19 Patients On Ventilators Won’t Survive: Live Updates Just 48 hours before Georgia was set to become the first state in the country to start reopening its economy, President Trump revealed in what sounded like an offhanded answer to a reporter’s question that he “strongly disagrees” with Gov Kemp’s […]

  • Pork Shortages To Strike America In Two Weeks 

    ZeroHedge - Apr 23rd 2020 6:30am EDT

    Pork Shortages To Strike America In Two Weeks  We have some troubling news developing deep inside America’s food supply chain network, suggesting rapid food inflation could be dead ahead. In the last several weeks, six major US meatpacking facilities have shuttered operations because of the coronavirus outbreak. That means 15% of America’s hog-slaughtering capacity has been shifted offline, […]

  • Market Mayhem Meets Liquidity Mismatch: At Least 76 European Mutual Funds Were “Gated” In March

    ZeroHedge - Apr 23rd 2020 6:00am EDT

    Market Mayhem Meets Liquidity Mismatch: At Least 76 European Mutual Funds Were “Gated” In March Authored by Nick Corbishley via WolfStreet.com, The mass shuttering of open-end mutual funds, a problem that has dogged the UK’s fund industry for months, appears to have crossed over to multiple fund industries in mainland Europe. According to Fitch Ratings, “at […]

  • GM And Ford Are One Step Closer To Losing Billions On Used Car Price Plunge

    ZeroHedge - Apr 23rd 2020 5:30am EDT

    GM And Ford Are One Step Closer To Losing Billions On Used Car Price Plunge The finance arms of Ford and GM are inching closer to billion dollar losses as a result of a plunge in used car prices.  While the impact has been expected for several weeks, the plunge in used car prices has […]

  • Migrant Areas Of Paris Hit With 4th Consecutive Night Of Riots

    ZeroHedge - Apr 23rd 2020 5:00am EDT

    Migrant Areas Of Paris Hit With 4th Consecutive Night Of Riots Authored by Paul Joseph Watson via Summit News, Migrant areas of Paris were hit with a 4th consecutive night of rioting following an accident in which a motorcyclist was seriously injured after a confrontation with police. One clip shows firefighters trying to tackle a […]

  • Chinese Doctors’ Skin Turns “Very Dark” After Barely Surviving COVID-19

    ZeroHedge - Apr 23rd 2020 4:15am EDT

    Chinese Doctors’ Skin Turns “Very Dark” After Barely Surviving COVID-19 Dr. Yi Fan and Dr. Hu Weifeng both survived coronavirus after being infected while treating patients in the city of Wuhan, where they both worked. But after they were placed on life support, their skin turned “very dark”. Both doctors were diagnosed back in January […]

  • CBDC: The Overarching Goal Behind The Digitisation Of Money?

    ZeroHedge - Apr 23rd 2020 3:30am EDT

    CBDC: The Overarching Goal Behind The Digitisation Of Money? Authored by Steven Guinness, It is no revelation that central banks are actively engaged in both the research and piloting of central bank digital currencies. But the mechanics of how they are conducting their programmes is not as widely recognised. This is largely because the information […]

  • Unsealed Court Docs Expose Spanish Spy Firm Dirty Tricks: Stealing Assange’s Son’s Dirty Diaper, Tracking Mom

    ZeroHedge - Apr 23rd 2020 2:45am EDT

    Unsealed Court Docs Expose Spanish Spy Firm Dirty Tricks: Stealing Assange’s Son’s Dirty Diaper, Tracking Mom Bombshell revelations via court documents this week reveal how a Spanish security firm tracked the mother of Julian Assange’s fiancée, illegally recorded hours of footage of Assange’s son, and also stole his son’s dirty diapers, reported RT News. Stella Morris, […]

  • Global COVID-19 Lockdown – What You’re Not Being Told, Part 2

    ZeroHedge - Apr 23rd 2020 2:00am EDT

    Global COVID-19 Lockdown – What You’re Not Being Told, Part 2 Authored by Iain Davis via Off-Guardian.org, In Part 1 we looked at the reasons why questioning the coronavirus lockdown, despite the ever present allegation, does not demonstrate a callous disregard for human life. We are going to expand on why it doesn’t in this article. I […]

  • Iran Hails First ‘Successful’ Military Satellite Launch, But US Intelligence Says ‘Failure’ To Orbit

    ZeroHedge - Apr 23rd 2020 1:00am EDT

    Iran Hails First ‘Successful’ Military Satellite Launch, But US Intelligence Says ‘Failure’ To Orbit Amid soaring tensions with the US and on the same day that President Trump issued a provocative tweet ordering the Navy to “shoot down and destroy” Iranian gunboats in the gulf, Iran’s Revolutionary Guards (IRGC) announced the successful launch of the country’s first […]