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  • Pentagon Pressures Mexico To Reopen Factories Vital To Making US Weapons

    ZeroHedge - Apr 21st 2020 9:10pm EDT

    Pentagon Pressures Mexico To Reopen Factories Vital To Making US Weapons It apparently took a global pandemic and corresponding economic shutdown of entire nations’ economies for the American public to realize that surprisingly, the US military relies heavily for supplies involved in weapons systems manufacturing just south of the border. The Pentagon’s defense undersecretary for acquisition and sustainment, Ellen […]

  • Trump Demands Harvard Return Stimulus Money; Harvard Responds It Has No Idea What Trump Is Talking About

    ZeroHedge - Apr 21st 2020 8:35pm EDT

    Trump Demands Harvard Return Stimulus Money; Harvard Responds It Has No Idea What Trump Is Talking About The resentment against publicly-traded companies and major corporations and enterprise who abused the Treasury’s $349 billion small and medium business bailout by applying for the Paycheck Protection Program is growing. Earlier today, we reported that over 80 publicly […]

  • Whitney Tilson Spams Inboxes Selling “Partnerships” In Newsletter That Don’t Come With Any Equity

    ZeroHedge - Apr 21st 2020 8:30pm EDT

    Whitney Tilson Spams Inboxes Selling “Partnerships” In Newsletter That Don’t Come With Any Equity Things appear to be going off the rails for Whitney Tilson. Just days ago we wrote about how the failed hedge fund manager was spamming inboxes across Wall Street congratulating himself for calling the market bottom. What followed appeared to be […]

  • Alexandria Ocasio-Cortez Rejoices At Negative Oil Prices

    ZeroHedge - Apr 21st 2020 8:10pm EDT

    Alexandria Ocasio-Cortez Rejoices At Negative Oil Prices Authored by Irina Slav via OilPrice.com, Congresswoman Alexandria Ocasio-Cortez rejoiced at the news that U.S crude oil prices had dropped into negative territory earlier this week, tweeting “You absolutely love to see it.” In the tweet, which she later deleted, Ocasio-Cortez also wrote: “This along with record low interest […]

  • Daily Briefing – April 21, 2020

    ZeroHedge - Apr 21st 2020 7:50pm EDT

    Daily Briefing – April 21, 2020 Tyler Durden Tue, 04/21/2020 – 19:50

  • US Forces Are Still Securing What In Syria?

    ZeroHedge - Apr 21st 2020 7:50pm EDT

    US Forces Are Still Securing What In Syria? Monday’s historic oil-price crash which witnessed prices dropping below zero for the first time in history – some still hovering in negative territory through Tuesday morning – provides yet another astounding reminder and demonstration of the absurdity of America’s ongoing presence in the Middle East.  Syria is the […]

  • Missouri Sues China, Wuhan Lab Over COVID; Says ‘Deceit, Malfeasance, And Inaction Unleashed This Pandemic’

    ZeroHedge - Apr 21st 2020 7:35pm EDT

    Missouri Sues China, Wuhan Lab Over COVID; Says ‘Deceit, Malfeasance, And Inaction Unleashed This Pandemic’ The state of Missouri became the first in the nation to file a lawsuit against China over their role in the coronavirus pandemic. Also named in the suit are the Communist Party of China, the government of Wuhan City, and […]

  • On Squirrels And Viruses: Why Economy-Shattering Decisions Require The Ultimate Confidence

    ZeroHedge - Apr 21st 2020 7:30pm EDT

    On Squirrels And Viruses: Why Economy-Shattering Decisions Require The Ultimate Confidence Authored by Peter Attia via PeterAttiaMD.com, The COVID-19 pandemic is constantly evolving, but where we stand today looks a lot different than where we stood a month ago. The good news is that it doesn’t look nearly as catastrophic as it seemed in mid-March. […]

  • ‘It’s Not The Same’: College Students Revolt Against Online Classes, Sue For Tuition Refunds

    ZeroHedge - Apr 21st 2020 7:10pm EDT

    ‘It’s Not The Same’: College Students Revolt Against Online Classes, Sue For Tuition Refunds College students are in revolt against their universities as the institutions have refused to budge on tuition reimbursements or reductions while offering sub-par remote learning classes in online-only format.  “The coronavirus crisis is forcing a reckoning over the price and value of […]

  • The Real Reason Why A Harvard Professor Thinks Homeschooling Should Be Banned

    ZeroHedge - Apr 21st 2020 6:50pm EDT

    The Real Reason Why A Harvard Professor Thinks Homeschooling Should Be Banned Authored by Daisy Luther via The Organic Prepper blog, A Harvard University law professor believes that homeschooling is dangerous and should be banned. Elizabeth Bartholet, Wasserstein public interest professor of law and faculty director of the Law School’s Child Advocacy Program, wrote a […]

  • CME Will Allow Negative Oil Options Effective April 22

    ZeroHedge - Apr 21st 2020 6:36pm EDT

    CME Will Allow Negative Oil Options Effective April 22 It was only six years ago that financial professionals thought they had stumbled into the twilight zone when central banks first ushered in negative interest rates. Little did they know that in the not too distant future, the central banks’ takeover of capital markets and the […]

  • FDA Finally Approves At-Home Coronavirus Test

    ZeroHedge - Apr 21st 2020 6:30pm EDT

    FDA Finally Approves At-Home Coronavirus Test The FDA has issued the first authorization for an at-home COVID-19 test kit created by a diagnostics company called Pixel LabCorp. LabCorp said it’s planning on giving first access to health care workers and first responders. Here’s LabCorp’s at-home #COVID19 test, which just got emergency approval from the FDA. It’s called the […]

  • What Will Be The New American Cause?

    ZeroHedge - Apr 21st 2020 6:10pm EDT

    What Will Be The New American Cause? Authored by Patrick Buchanan via Buchanan.org, After the Great Pandemic has passed and we emerge from Great Depression II, what will be America’s mission in the world? What will be America’s cause? We have been at such a turning point before. After World War II, Americans wanted to […]

  • Stunning Photos Show Nature Reclaim An Abandoned Office Building

    ZeroHedge - Apr 21st 2020 5:50pm EDT

    Stunning Photos Show Nature Reclaim An Abandoned Office Building As George Carlin famously said while talking about environmentalists, “The Earth is going to be fine. It’s the people who are f*cked.” That’s because nature eventually has its way with things and adapts. Sometimes it happens in a relatively short period of time, too. So while […]

  • Zuck’d Again? State Governors Say Facebook Contacted Them About “Reopen America” Events

    ZeroHedge - Apr 21st 2020 5:30pm EDT

    Zuck’d Again? State Governors Say Facebook Contacted Them About “Reopen America” Events Authored by Steve Watson via Summit News, State governors have denied asking Facebook to remove ‘Reopen America’ event pages, saying that it was the social network that contacted them over the matter, not the other way around as initially reported. Fake news CNN […]

  • Interactive Brokers Stuck With $88 Million Loss After Oil-Trading Clients Bust

    ZeroHedge - Apr 21st 2020 5:15pm EDT

    Interactive Brokers Stuck With $88 Million Loss After Oil-Trading Clients Bust We said “there will be blood” after yesterday’s historic collapse in crude futures prices… and now we know where the first blood is. In a statement from Interactive Brokers Group, they admit some of their clients faced losses that were not covered (remember, futures […]

  • United Airlines Stock Slides After Massive Secondary Offering

    ZeroHedge - Apr 21st 2020 4:59pm EDT

    United Airlines Stock Slides After Massive Secondary Offering One word – “Bravo”… a publicy-traded firm that chooses to raise its own capital rather than rely on government bailouts to save it from its historically bad decisions. United Airlines shares are sliding after hours – though not devastatingly… …after announcing: United Airlines Holdings, Inc.  today announced […]

  • Watch Live: White House Coronavirus Task Force Holds Tuesday Briefing

    ZeroHedge - Apr 21st 2020 4:55pm EDT

    Watch Live: White House Coronavirus Task Force Holds Tuesday Briefing After using yesterday’s press conference to share his thoughts about the unprecedented move in front-month oil futures well below $0, we suspect we’ll hear more on the subject Tuesday evening, as talk about a possible energy industry bailout as the financial press has spent most […]

  • Peter Schiff: The Questions Nobody Is Asking

    ZeroHedge - Apr 21st 2020 4:45pm EDT

    Peter Schiff: The Questions Nobody Is Asking Via SchiffGold.com, There seems to be growing optimism that we’re nearing the end of the coronavirus lockdown. Stocks have rallied despite dismal economic numbers. But Peter Schiff says there are some important questions nobody is asking, especially when it comes to the insane Federal Reserve monetary policy. The […]

  • WTI Maintains Losses As Crude Inventories Rise For 13th Straight Week

    ZeroHedge - Apr 21st 2020 4:35pm EDT

    WTI Maintains Losses As Crude Inventories Rise For 13th Straight Week Oil’s collapse is deepening and spreading across the entire complex as a massive supply glut brought on by the pandemic (and not helped yet by OPEC+ production cuts) and a worldwide shortage of storage space have touched off relentless rout that has shifted the […]

  • Netflix Adds Record 15.77MM Paid Subs, Crushing Estimates Thanks To Lockdown Surge

    ZeroHedge - Apr 21st 2020 4:22pm EDT

    Netflix Adds Record 15.77MM Paid Subs, Crushing Estimates Thanks To Lockdown Surge While recent earnings reports from streaming giant Netflix have been a mixed bag, missing badly three quarters ago when US subs declined and forecasting the first annual drop this decade, then smashing expectations two quarters ago, and finally last quarter when it beat […]

  • ECB To Discuss Accepting Junk Bonds As Collateral

    ZeroHedge - Apr 21st 2020 3:52pm EDT

    ECB To Discuss Accepting Junk Bonds As Collateral Now that the Fed has opened the pandora’s box of moral hazard by purchasing select junk bonds, every other central bank would like a piece of the action. And sure enough, as Bloomberg reports, on Wednesday evening the ECB will hold a call where they may discuss […]

  • Another Million Homeowners Just Applied For COVID-19 Forbearance In The Past Week

    ZeroHedge - Apr 21st 2020 3:45pm EDT

    Another Million Homeowners Just Applied For COVID-19 Forbearance In The Past Week Last week we reported that the number of Americans applying for the government’s mortgage forbearance program had spiked to 3.74%, up from 2.73% the week before. One week later, total home loans in pandemic-induced forbearance stand at 5.95%, an increase of 60% on […]

  • Barr Says DoJ Might Join Lawsuits Against States That Don’t Reopen Fast Enough

    ZeroHedge - Apr 21st 2020 3:25pm EDT

    Barr Says DoJ Might Join Lawsuits Against States That Don’t Reopen Fast Enough During an interview with conservative radio host Hugh Hewitt, Attorney General William Barr, who has heretofore enjoyed a reputation as one of the cagiest members of the cabinet, has just made a massive political blunder. Whether he did it at the best […]

  • It’s Not Just Oil: Another Critical Index Turns Negative, Hinting Funding “Crisis” Has Returned

    ZeroHedge - Apr 21st 2020 2:42pm EDT

    It’s Not Just Oil: Another Critical Index Turns Negative, Hinting Funding “Crisis” Has Returned It’s not the WTI May contract that shocked investors when it traded as far negative as -$40 on the historic date of April 20: also dipping into negative territory was another benchmark indicator, arguably far more important than an oil future […]