News From ZeroHedge, Page 3124

RSS

  • Round 2: Chamath Explains Why Corporate America Is “Incompetent” & Fed Stimulus Is “Dangerous” In Epic 7-Minute CNBC Interview

    ZeroHedge - Apr 22nd 2020 4:20pm EDT

    Round 2: Chamath Explains Why Corporate America Is “Incompetent” & Fed Stimulus Is “Dangerous” In Epic 7-Minute CNBC Interview More than 125 years ago, the American financial press emerged from the primordial ooze with a simple mission: To help even the playing field between retail investors and professionals. The theory was that by lessening the […]

  • A History Of The Biggest Bailouts In History

    ZeroHedge - Apr 22nd 2020 3:50pm EDT

    A History Of The Biggest Bailouts In History While nobody knows when the US economy will fully recover from the coronacrisis pandemic, what the economy will look like, or where the S&P will be one year from now, we do know how much money the current bailout has cost. And, at over $10 trillion to […]

  • Kyle Bass: “The Saudis Are Sending Us A 50 Million Barrel Oil Bomb”

    ZeroHedge - Apr 22nd 2020 3:19pm EDT

    Kyle Bass: “The Saudis Are Sending Us A 50 Million Barrel Oil Bomb” By now even the 165,727 “professional investors” who are long the USO ETF on the free, glitch-prone platform Robin Hood, are aware that the problem facing global oil production is that there is simply no storage where to put all the physical […]

  • What’s Collapsing Can’t Be Saved: Our Fraudulent Economy

    ZeroHedge - Apr 22nd 2020 3:05pm EDT

    What’s Collapsing Can’t Be Saved: Our Fraudulent Economy Authored by Charles Hugh Smith via OfTwoMinds blog, Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured. Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the […]

  • Students Sue Harvard For Prison Investments, Claim School Is “Complicit In White Supremacy”

    ZeroHedge - Apr 22nd 2020 2:35pm EDT

    Students Sue Harvard For Prison Investments, Claim School Is “Complicit In White Supremacy” Authored by Allison Robison via Campus Reform, A student group advocating for full prison abolition is suing Harvard University for its investments in the “prison-industrial complex,” which it says implicates the university in continued “benefit from its historical ties to slavery.” “We […]

  • In Desperate Scramble To Stay Alive, USO Reallocates Oil Holdings, May Invest In “Other Oil-Related” Assets

    ZeroHedge - Apr 22nd 2020 2:34pm EDT

    In Desperate Scramble To Stay Alive, USO Reallocates Oil Holdings, May Invest In “Other Oil-Related” Assets The managers of the infamous USO ETF really do not want to be dissolve this “retail killer” which in Kyle Bass’s words has “vaporized billions from unweary investors this week alone.” Just hours after USCF investments, the managers behind […]

  • ‘Don’t Tread On Me’: 74% Of Voters Worried About Losing Freedoms Due To COVID-19

    ZeroHedge - Apr 22nd 2020 2:20pm EDT

    ‘Don’t Tread On Me’: 74% Of Voters Worried About Losing Freedoms Due To COVID-19 Amid sporadic mass protests increasingly popping up in states where coronavirus ‘stay an home’ orders and restrictions have been particularly draconian, Michigan first among them, it appears a sign Americans will get increasingly fed up the longer that lockdowns and corresponding economic […]

  • Von Greyerz: Gold ETFs Offer Zero Wealth Protection

    ZeroHedge - Apr 22nd 2020 2:05pm EDT

    Von Greyerz: Gold ETFs Offer Zero Wealth Protection Via GoldSwitzerland.com, In this important interview Egon von Greyerz of Matterhorn Asset Management AG, answers questions of Jan Kneist’s Investor Talk. Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETF’s are experiencing large inflows of funds. Where do they […]

  • California Study Shows Virus Much More Pervasive “But Not Killing At Rate We Thought”

    ZeroHedge - Apr 22nd 2020 1:50pm EDT

    California Study Shows Virus Much More Pervasive “But Not Killing At Rate We Thought” A new scientific study published at the start of this week strongly suggests the coronavirus may already be much more widespread in the US population than official tallies, though far less dangerous to most. The LA Times reports on preliminary findings from a coronavirus […]

  • Next Stop For The 10Y Treasury: 0.25%

    ZeroHedge - Apr 22nd 2020 1:34pm EDT

    Next Stop For The 10Y Treasury: 0.25% Authored by Ian Lyngen, Ben Jeffery and Jon Hill, rates strategists at BMO Capital Markets A glance at the calendar for today reveals effectively no new information to provide trading direction in the Treasury market; it’s always the quiet ones. As has been the case thus far in […]

  • Of All The Banks That Shafted Small Businesses Out Of Coronavirus Relief, JPMorgan Takes The Cake

    ZeroHedge - Apr 22nd 2020 1:20pm EDT

    Of All The Banks That Shafted Small Businesses Out Of Coronavirus Relief, JPMorgan Takes The Cake While JPMorgan provided loans to virtually all of their commercial banking customers who applied for coronavirus relief through the small business program, their business banking unit – which serves smaller firms – only funded around 6% of applications for […]

  • Pompeo Says “Multiple Labs” In China & Not Just Wuhan’s Must Be Investigated For COVID-19 Origins

    ZeroHedge - Apr 22nd 2020 1:05pm EDT

    Pompeo Says “Multiple Labs” In China & Not Just Wuhan’s Must Be Investigated For COVID-19 Origins In a new exclusive interview with UAE’s The National on Wednesday, Secretary of State Mike Pompeo said the US is demanding of Beijing access to all major Chinese bio-research virology labs.  “We, collectively the world, still has not had […]

  • Analyst Who First Predicted Negative Oil Prices Sees Oil Hitting Negative $100

    ZeroHedge - Apr 22nd 2020 12:50pm EDT

    Analyst Who First Predicted Negative Oil Prices Sees Oil Hitting Negative $100 Back on March 17, as oil was plunging to levels not seen since the presidency of George W. Bush, we published a shocking forecast by Mizuho’s Paul Sankey who stunned oil traders with what at the time was an insane prediction: “crude prices […]

  • Is The “Second Wave” Of The COVID-19 Pandemic Already Here? (And Is It Worse Than The First?)

    ZeroHedge - Apr 22nd 2020 12:35pm EDT

    Is The “Second Wave” Of The COVID-19 Pandemic Already Here? (And Is It Worse Than The First?) Authored by Michael Snyder via The End of The American Dream blog, Top health officials and the mainstream media keep insisting that “the worst is behind us”, but is that actually true?  According to Worldometers.info, 2,804 new coronavirus deaths […]

  • Victoria Dumped: PE Firm Sycamore Seeks To Scrap L Brands LBO

    ZeroHedge - Apr 22nd 2020 12:34pm EDT

    Victoria Dumped: PE Firm Sycamore Seeks To Scrap L Brands LBO On February 20, Wall Street woke up to a surprising headline: private equity giant Sycamore Partners was buying a 55% interest in L Brands, the holding company behind Victoria Secret and Pink, for $525 million an acquisition that valued L Brands at $1.1 billion […]

  • Georgia Small Businesses Balk At Reopening As Defiant Dem Mayors Urge Citizens To “Please Stay Home”

    ZeroHedge - Apr 22nd 2020 12:15pm EDT

    Georgia Small Businesses Balk At Reopening As Defiant Dem Mayors Urge Citizens To “Please Stay Home” Though the coverage doesn’t make the linking explicit, the MSM loves to propagate the narrative that millions of Trump-loving, science-rejecting lunatics whipped into a frenzy by the president himself are forcing states to start reopening their economies weeks before […]

  • ‘Peak’ New Cases Under Lockdown Means ‘Peak’ Infectivity Under Freedom

    ZeroHedge - Apr 22nd 2020 12:00pm EDT

    ‘Peak’ New Cases Under Lockdown Means ‘Peak’ Infectivity Under Freedom Authored by Raul Ilargi Meijer via The Automatic Earth blog, There are times when you think: now things must be easy to comprehend, but as it turns out, they are still not. Let me try once more. See, I was thinking it must have become […]

  • “Eat A Bag Of Dicks”: De Blasio’s COVID-19-Lockdown Snitch-Line Flooded With Penis Pics And Memes

    ZeroHedge - Apr 22nd 2020 11:40am EDT

    “Eat A Bag Of Dicks”: De Blasio’s COVID-19-Lockdown Snitch-Line Flooded With Penis Pics And Memes New Yorkers didn’t seem to take too kindly to Mayor Bill de Blasio asking them to snitch on each other.  Back on April 18, the mayor put out this video on social media commending New Yorkers, before asking them to […]

  • The Real COVID-19 Mortality Rate Is 25-60x Less Than Governments, Media Claim

    ZeroHedge - Apr 22nd 2020 11:19am EDT

    The Real COVID-19 Mortality Rate Is 25-60x Less Than Governments, Media Claim Via Southfront.org, SouthFront offers a scientific-based survey providing an in-depth look at the real death toll statistics and the spread of SARS-COV-2. 1. The research issued by the Bonn University Hospital The research issued by the Bonn University Hospital and made by the […]

  • China State TV Host: COVID-19 Came From Lab Leak… In United States

    ZeroHedge - Apr 22nd 2020 11:00am EDT

    China State TV Host: COVID-19 Came From Lab Leak… In United States A TV presenter for Chinese state television claims that COVID-19 came from the United States – either escaping from a US lab, or having been brought into China during the Military World Games in Wuhan last October, reports the UK’s Metro. The anchor, […]

  • If Deficits Are Good, Why Not Stop Taxation Altogether?

    ZeroHedge - Apr 22nd 2020 10:45am EDT

    If Deficits Are Good, Why Not Stop Taxation Altogether? Authored by Bruce Wilds via Advancing Time blog, Half in jest a few years ago, in an article, I suggested that taxation be stopped altogether. With so many people no longer concerned about deficit spending the idea now seems more viable. With so many people thinking […]

  • “A Recipe For Disaster” – WTI Holds Huge Gains Despite Inventory Surge

    ZeroHedge - Apr 22nd 2020 10:36am EDT

    “A Recipe For Disaster” – WTI Holds Huge Gains Despite Inventory Surge More crude chaos overnight (with AsiaPac oil ETFs trading at “crazy premiums” and Asian oil futures tumbling) has been over-ruled this morning as long-squeezes have morphed into a short-squeeze after Trump ordered the US Navy to “shoot down and destroy any and all […]

  • Watch: China Releases Video From Inside The Wuhan Bio-Lab

    ZeroHedge - Apr 22nd 2020 10:20am EDT

    Watch: China Releases Video From Inside The Wuhan Bio-Lab Authored by Steve Watson via Summit News, The Chinese government has released video it says was shot inside the Wuhan Institute of Virology, in an attempt to counter claims, investigations, and evidence that the coronavirus leaked from the bio-lab. According to reports, the US government is now […]

  • Oil Stored At Sea Accelerates To Jaw-Dropping 250 Million Barrels

    ZeroHedge - Apr 22nd 2020 10:05am EDT

    Oil Stored At Sea Accelerates To Jaw-Dropping 250 Million Barrels With demand dried up in the wake of the Russian-Saudi price war and now historic plunging prices extending through Tuesday, and little to do to give prices a short-term boost given lack of buyers in a flooded market, the kingdom has been forced to store much of its […]

  • Rabobank: It Is Understandable Why Some Are Wondering When We Get Hyper-inflation And Currency Collapse

    ZeroHedge - Apr 22nd 2020 9:50am EDT

    Rabobank: It Is Understandable Why Some Are Wondering When We Get Hyper-inflation And Currency Collapse Submitted by Michael Every of Rabobank With so much liquidity being thrown into so many markets by so many so fast, it is perhaps understandable that some are wondering when we get inflation, hyper-inflation, and/or currency collapse. However, given we […]