News From ZeroHedge, Page 3125

RSS

  • 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 […]

  • Viral Video Arrest Of Idaho Mom At Neighborhood Playground Sparks Backlash

    ZeroHedge - Apr 22nd 2020 9:35am EDT

    Viral Video Arrest Of Idaho Mom At Neighborhood Playground Sparks Backlash Mass anti-lockdown protests like those recently seen in state capitals of Michigan and Pennsylvania have come to Idaho, after a mother was filmed being arrested by police for allowing her children to play at a playground closed by coronavirus ‘stay at home’ orders. The […]

  • Bailouts Buoy Stocks But Not Animal Spirits

    ZeroHedge - Apr 22nd 2020 9:20am EDT

    Bailouts Buoy Stocks But Not Animal Spirits Authored by Richard Breslow via Bloomberg, Equities are pointing higher, as are emerging markets, after a rocky start in Asia. I’m not entirely sure what that’s supposed to mean. Bond yields are marginally higher. One thing we’ve been, largely, but not totally, spared from is having to hear […]

  • Food-Shortage Fears Well-Founded? Tyson Closes Nation’s Largest Pork Plant Over COVID Concerns

    ZeroHedge - Apr 22nd 2020 9:03am EDT

    Food-Shortage Fears Well-Founded? Tyson Closes Nation’s Largest Pork Plant Over COVID Concerns Food-security remains a significant problem during coronavirus lockdowns. The next big issue unfolding is the shuttering of the nation’s food plants could drive food inflation sky high.  On Wednesday, Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, released a statement […]

  • Email Addresses And Passwords From WHO, NIH, Wuhan Lab, And Gates Foundation Dumped On 4chan

    ZeroHedge - Apr 22nd 2020 8:55am EDT

    Email Addresses And Passwords From WHO, NIH, Wuhan Lab, And Gates Foundation Dumped On 4chan A cache of nearly 25,000 email addresses and passwords allegedly belonging to the World Health Organization (WHO), National Institutes of Health (NIH), Wuhan Institute of Virology, Bill Gates Foundation and several other groups involved with the coronavirus pandemic response were […]

  • S&P Futures Rebound As Oil Buyers Emerge

    ZeroHedge - Apr 22nd 2020 8:35am EDT

    S&P Futures Rebound As Oil Buyers Emerge &P futures rebounded alongside European and Asian stocks on Wednesday as oil pared its recent historic losses and upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a record crash in oil prices, even as companies warned of more pain in the coming months. […]

  • AOC And Jerry Nadler Want $4 Billion In COVID-19 Bailout Funding For Museums

    ZeroHedge - Apr 22nd 2020 8:34am EDT

    AOC And Jerry Nadler Want $4 Billion In COVID-19 Bailout Funding For Museums Submitted by Adam Andrzejewski, first published in Forbes, The Kennedy Center’s $25-million taxpayer-funded grant may just be the tip of the iceberg when it comes to coronavirus “stimulus.” Even after receiving heavy criticism for including the Center’s generous gift in the latest relief package, […]

  • Trump Orders Navy To “Shoot Down And Destroy” Iranian Gunboats

    ZeroHedge - Apr 22nd 2020 8:20am EDT

    Trump Orders Navy To “Shoot Down And Destroy” Iranian Gunboats Ever the showman, and a practiced master of distraction, President Trump has just lobbed another smokebomb at the MSM by tweeting that he has ordered Navy ships to fire on Iranian gunboats if they “harass” US ships. I have instructed the United States Navy to […]

  • First US Coronavirus Deaths Occurred Weeks Earlier Than Believed, Officials Find: Live Updates

    ZeroHedge - Apr 22nd 2020 8:05am EDT

    First US Coronavirus Deaths Occurred Weeks Earlier Than Believed, Officials Find: Live Updates Update (0810ET): President Trump is starting the day by once again encouraging the ‘reopen now’ protesters and courting even more responsibility for the eventual outcome of the reopening – something that we’ve repeatedly argued is a boneheaded political strategy. States are safely […]

  • Crude Crash Puts Focus On Banks With Most Exposure To Oil

    ZeroHedge - Apr 22nd 2020 8:00am EDT

    Crude Crash Puts Focus On Banks With Most Exposure To Oil Submitted by Peter Garnry of Saxo Bank Summary: Netflix delivered its first positive free cash flow quarter but the Q2 guidance on net additions of subscribers was disappointing suggesting less positive impact on Netflix relative to the existing trajectory before the COVID-19 outbreak. The […]

  • USO Oil ETF To Execute 1-For-8 Reverse Stock Split

    ZeroHedge - Apr 22nd 2020 7:44am EDT

    USO Oil ETF To Execute 1-For-8 Reverse Stock Split With chaos in the crude space getting worse by the day, and with some predicting that oil could plunge as low as negative $100 per barrel, every day is now a scramble for survival for the largest oil ETF, the USO, which is desperate to avoid […]

  • Bond ETFs, Retail Bagholders, & “Shame On The FT”

    ZeroHedge - Apr 22nd 2020 7:30am EDT

    Bond ETFs, Retail Bagholders, & “Shame On The FT” Authored by Bill Blain via MorningPorridge.com, Another interesting’s day play in prospect as markets digest the ongoing oil-shock, BoA predicting $3000 Gold price, and stocks taking a bit of tiny tumble. I detect something of a new reality setting in among clients – many never expected […]

  • One Of Them Is Wrong: Kolanovic Sees Record S&P In First Half Of 2021, Billionaire Paul Singer Sees 50% Crash

    ZeroHedge - Apr 22nd 2020 7:05am EDT

    One Of Them Is Wrong: Kolanovic Sees Record S&P In First Half Of 2021, Billionaire Paul Singer Sees 50% Crash Today was a remarkable day in more ways than just the ongoing triple-digit sigma rout in oil: today was perhaps the first day in years when Marko Kolanovic issued one of his traditionally super-bullish reports […]

  • Killed By COVID-Lockdowns: 1000s Of Shut-Down US Businesses Will Be Closed Permanently

    ZeroHedge - Apr 22nd 2020 6:40am EDT

    Killed By COVID-Lockdowns: 1000s Of Shut-Down US Businesses Will Be Closed Permanently Authored by Michael Snyder via TheMostImportantNews.com, This economic downturn is turning out to be far deeper and far more severe than most experts were originally anticipating.  More than 22 million Americans have filed claims for unemployment benefits, and economists are telling us that the […]

  • Pyongyang Reportedly ‘On Lockdown’ As Trump Admits ‘We Don’t Know What’s Going On’ With Kim Jong Un

    ZeroHedge - Apr 22nd 2020 6:17am EDT

    Pyongyang Reportedly ‘On Lockdown’ As Trump Admits ‘We Don’t Know What’s Going On’ With Kim Jong Un Months ago, as the novel coronavirus was still barrelling across China during the early days of the outbreak, we reported on rumors about an outbreak inside North Korea. The regime has gone to great lengths to suppress any […]

  • The Experts Have No Idea How Many COVID-19 Cases There Are

    ZeroHedge - Apr 22nd 2020 6:00am EDT

    The Experts Have No Idea How Many COVID-19 Cases There Are Authored by Ryan McMaken via The Mises Institute, In the early days of the COVID-19 panic – about three weeks ago – it was common to hear both of these phrases often repeated: “The fatality rate of this virus is very high!” “There are […]

  • CDC Says Poisonings From Cleaners & Disinfectants On Sharp Rise Since Pandemic Hit US

    ZeroHedge - Apr 22nd 2020 5:30am EDT

    CDC Says Poisonings From Cleaners & Disinfectants On Sharp Rise Since Pandemic Hit US A month ago a shocking and dangerous trend in Iran hit headlines in the West. Amid the coronavirus outbreak in the Mideast country people were turning to drinking strong disinfectant, including industrial-grade ethanol and methanol, thinking this would prevent against COVID-19 […]

  • Authorities On High Alert About Northern China Virus Outbreak, Beijing District Marked “High-Risk”

    ZeroHedge - Apr 22nd 2020 5:00am EDT

    Authorities On High Alert About Northern China Virus Outbreak, Beijing District Marked “High-Risk” Authored by Nicole Hao via The Epoch Times, Chaoyang district in Beijing city was officially designated a “high-risk region” for the virus outbreak on April 19. This is the first such region outside of Hubei province, China’s CCP virus epicenter, that authorities publicly acknowledged. Meanwhile, the virus continues […]

  • Oktoberfest Cancelled For First Time Since WW2 As German Hop-Growers Warn Of “Beer Shortage”

    ZeroHedge - Apr 22nd 2020 4:15am EDT

    Oktoberfest Cancelled For First Time Since WW2 As German Hop-Growers Warn Of “Beer Shortage” For the first time since World War II, Munich’s iconic Oktoberfest has been canceled, a significant blow to Germany’s tourism and beer industry, reported Bloomberg. “We agreed that the risk is simply too great,” Bavarian Premier Markus Soeder told reporters Tuesday. “We […]

  • Two British Men Arrested For Posting “Pubs Closed, Borders Open” Stickers

    ZeroHedge - Apr 22nd 2020 3:30am EDT

    Two British Men Arrested For Posting “Pubs Closed, Borders Open” Stickers Authored by Paul Joseph Watson via Summit News, Two men in the UK were arrested on charges of racially aggravated offenses after they posted stickers related to the coronavirus outbreak which said “pubs closed, borders open.” The stickers, another of which said “open border, […]

  • The COVID-Crisis And Leader Approval Ratings

    ZeroHedge - Apr 22nd 2020 2:45am EDT

    The COVID-Crisis And Leader Approval Ratings Despite the massive impact of the coronavirus crisis in Italy, where over 180 thousand people have so far contracted the virus and 24 thousand people have died, leading to the country’s healthcare system to be catastrophically overwhelmed, its leader Giuseppe Conte is riding an unprecedented wave of popularity. Having Jumped […]