Russia Sees COVID-19 Infections Explode In 8th Consecutive One-Day Record
ZeroHedge - Apr 20th 2020 1:00am EDT Russia Sees COVID-19 Infections Explode In 8th Consecutive One-Day Record In a deeply alarming development for a nation of almost 150 million people, Russia’s coronavirus cases have spiked by over 6,000 on Sunday, marking the 8th consecutive one-day record, the independent Moscow Times reports. The nationwide infection tally is now at 42,853 following Sunday’s reported […]
“I’ve Never Encountered Anything Like This”: China Stock Index Suffers Record Crash And Nobody Knows Why
ZeroHedge - Apr 19th 2020 11:58pm EDT “I’ve Never Encountered Anything Like This”: China Stock Index Suffers Record Crash And Nobody Knows Why One of the consequences of centrally-planned markets is that – with no organic price discovery – “prices” are whatever some computer decides they are, and while major glitches have yet to hit US capital markets, Chinese stocks just suffered […]
COVID-19, Smartphone Surveillance, And The State
ZeroHedge - Apr 19th 2020 11:55pm EDT COVID-19, Smartphone Surveillance, And The State Authored by Kurt Nimmo via ‘Another Day In Empire’ blog, Total surveillance will negate political threats and our natural rights as well… For the state, there is one primary imperative – to remain in power at all cost. If this imperative is to be successful, the state must impose, […]
China Outraged After Largest German Newspaper Accuses Beijing Of “Exporting” Coronavirus Pandemic, Demands €149 Billion In Damages
ZeroHedge - Apr 19th 2020 11:40pm EDT China Outraged After Largest German Newspaper Accuses Beijing Of “Exporting” Coronavirus Pandemic, Demands €149 Billion In Damages Let’s see how the pro-China “fact checkers” blow up on this one. The editor-in-chief of Germany’s largest paper Bild on Thursday launched a full frontal attack on China’s communist president Xi Jinping for his regime’s failure to lying […]
Watch: Dramatic Footage Shows Chadian Military Jet ‘Accidentally’ Fires Missile At Senior Commander’s Home
ZeroHedge - Apr 19th 2020 11:30pm EDT Watch: Dramatic Footage Shows Chadian Military Jet ‘Accidentally’ Fires Missile At Senior Commander’s Home A missile was ‘accidentally’ fired from a Chadian military jet while sitting on the tarmac, preparing for an anti-jihadist mission in Chad. The missile struck a nearby house, killing five people, reported DefPost. The incident occurred on Friday (April 17), involving a […]
Are We Brewing A New Feudalism?
ZeroHedge - Apr 19th 2020 11:05pm EDT Are We Brewing A New Feudalism? Authored by Paul Craig Roberts, The answer to the question is “YES.” The large bailed-out creditors will end up with the property of the non-bailed-out debtors who are being pushed deeper into debt with “bail-out loans” and fees and penalties for missed debt payments. Write-offs for the One Percent, and […]
Repo Guru Zoltan Pozsar Spots The Next Crisis
ZeroHedge - Apr 19th 2020 10:53pm EDT Repo Guru Zoltan Pozsar Spots The Next Crisis Having been the first to correctly predict the Fed’s “nuclear bomb” response to the coronavirus pandemic as early as March 3 when in his 27th Global Money Notes “Covid-19 and Global Dollar Funding” he warned about the unprecedented dollar short squeeze that was set to rock global […]
Greenwich Mansions Are Finally Back In Demand, But Only As Short-Term Quarantine Escapes
ZeroHedge - Apr 19th 2020 10:40pm EDT Greenwich Mansions Are Finally Back In Demand, But Only As Short-Term Quarantine Escapes The Greenwich housing market had been cooling off significantly over the last 12-18 months – that was, until the government tried to keep everybody quarantined in Manhattan. We had written several articles talking about how the market was imploding as far back […]
Between A Rock & A Hard Place: Pandemic And Growth
ZeroHedge - Apr 19th 2020 10:15pm EDT Between A Rock & A Hard Place: Pandemic And Growth Authored by Charles Hugh Smith via OfTwoMinds blog, There is no way authorities can limit the coronavirus and restore global growth and debt expansion to December 2019 levels. Authorities around the world are between a rock and a hard place: they need policies that both limit […]
China Cuts One And Five-Year Loan Prime Rate
ZeroHedge - Apr 19th 2020 9:55pm EDT China Cuts One And Five-Year Loan Prime Rate One of the more entertaining and fake narratives in the world right now is that China’s economy has experienced a “V-shaped post-covid” recovery, with various economic indicators such as trade and PMIs (if not so much GDP), staging a miraculous recovery after the economy collapsed in February. […]
As Coronavirus Depression Continues, Americans Are Putting Their Rent On Credit Cards
ZeroHedge - Apr 19th 2020 9:50pm EDT As Coronavirus Depression Continues, Americans Are Putting Their Rent On Credit Cards Despite what the stock market would have you believe, the United States is sinking further into a depression. And the unemployed are now resorting to putting their rent on credit cards. It’s a temporarily solution that may help tenants get through a month or […]
Luongo: Government Intervention Is Always, Without Fail, The Wrong Response To Economic Problems
ZeroHedge - Apr 19th 2020 9:25pm EDT Luongo: Government Intervention Is Always, Without Fail, The Wrong Response To Economic Problems Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, Government intervention into the market is always, and without fail, the wrong response to an economic problem. Politicians justify their intervention with ‘saving jobs,’ ‘dealing with a crisis’ or simply, ‘because I […]
Study Finds Doing This Regularly Is Likely To Prevent COVID-19 Hospitalization
ZeroHedge - Apr 19th 2020 9:00pm EDT Study Finds Doing This Regularly Is Likely To Prevent COVID-19 Hospitalization Multiple reports have been issued over the past month carefully documenting many of the underlying health issues which make the chances much higher for COVID-19 infected individuals of landing in the hospital, and possibly death. Foremost among these is the pervasive American problem of […]
Eric Peters: ‘Fed Isn’t Just Delaying The Inevitable Reckoning…It’s Making It Worse’
ZeroHedge - Apr 19th 2020 8:10pm EDTEric Peters: ‘Fed Isn’t Just Delaying The Inevitable Reckoning…It’s Making It Worse’ As investors in the US and around the world confront the fact that the Federal Reserve is never really out of ammo, One River Asset Management Founder Eric Peters joined Erik Townsend for an interview on Townsend’s weekly MacroVoices podcast, which features in-depth […]
Might The Russia-China-USA Alliance For Space Exploration Define The New “New World Order”?
ZeroHedge - Apr 19th 2020 7:45pm EDTMight The Russia-China-USA Alliance For Space Exploration Define The New “New World Order”? Authored by Matthew Ehret via The Strategic Culture Foundation, As the COVID-19 Crisis stagnates the Earth, there may be a big shake up going on in space… Whatever forces are behind the current spread of the coronavirus justifying the shutdown of […]
This Is Where The World Is On The “Corona Curve” At This Moment: Over The Hump
ZeroHedge - Apr 19th 2020 7:20pm EDT This Is Where The World Is On The “Corona Curve” At This Moment: Over The Hump After weeks of “climbing the coronacurve”, we finally have some good news – we are now officially over the hump “tipping point.” The global infection growth slowed from 90% W/W to just 38% W/W in the last fortnight (total […]
Jim Simons’ Medallion Fund Signals Entry Into Crypto Markets Ahead Of Historic Halving
ZeroHedge - Apr 19th 2020 7:20pm EDT Jim Simons’ Medallion Fund Signals Entry Into Crypto Markets Ahead Of Historic Halving Just days after The Wall Street Journal reported on the stellar performance of the greatest hedge fund in history (Renaissance’s ultra secretive and ultra lucrative – open only to friend and employees – Medallion fund), the directionally-agnostic, algo-driven system is apparently turning […]
‘Canada’s Deadliest Attack In Years’ – At Least 10 Killed In Roving Shooting Rampage Across Nova Scotia
ZeroHedge - Apr 19th 2020 6:52pm EDT ‘Canada’s Deadliest Attack In Years’ – At Least 10 Killed In Roving Shooting Rampage Across Nova Scotia In what will be remembered as one of the worst mass shootings in recent Canadian history (though the country is certainly no stranger to terroristic attacks), more than 10 people are dead, including an RCMP officer and the […]
WTI Crashes To 19 Year Low As Trading Reopens; S&P Futures Slide
ZeroHedge - Apr 19th 2020 6:30pm EDT WTI Crashes To 19 Year Low As Trading Reopens; S&P Futures Slide After a relatively drama-free weekend, futures have started off the new week lower by about 0.4%, trading at 2850, down 20 points from Friday’s CTA inspired and momentum-driven meltup which appears to be reversing as algos realize they have frontrun a rebound in […]
“Cemeteries Simply Cannot Cope” As Ecuador’s COVID Death Rate Suddenly QuadruplesÂ
ZeroHedge - Apr 19th 2020 6:30pm EDT “Cemeteries Simply Cannot Cope” As Ecuador’s COVID Death Rate Suddenly Quadruples While COVID-19 news flow from South America has been somewhat uneventful during the pandemic, one country to keep an eye on for future developments of a possible outbreak is Ecuador. A new report via The Guardian has revealed some pretty shocking statics of a massive death […]
Morgan Stanley: Rushing To Reopen The Economy Would Backfire
ZeroHedge - Apr 19th 2020 6:05pm EDT Morgan Stanley: Rushing To Reopen The Economy Would Backfire Authored by Andrew Sheet, Morgan Stanley chief global strategist Short-Term Pain for Long-Term Gain Late last year, I met with the pension fund for a physicians’ association in the western United States. I’ve been thinking a lot about that meeting recently, especially when some aspect of […]
Meat Prices Suddenly Surge As Food Processing Plants Shut Down, With 1000s Of Tons Left To Spoil
ZeroHedge - Apr 19th 2020 5:40pm EDT Meat Prices Suddenly Surge As Food Processing Plants Shut Down, With 1000s Of Tons Left To Spoil As we pointed out earlier in the week, China-owned Smithfield Food’s decision to temporarily shutter the largest pork processing plant in the US, based in Sioux Falls, SD, due to a coronavirus outbreak is a much more significant […]
“Just Snap A Photo” – De Blasio Explains How To Snitch On Fellow New Yorkers Breaking Social Distancing Rules
ZeroHedge - Apr 19th 2020 5:22pm EDT“Just Snap A Photo” – De Blasio Explains How To Snitch On Fellow New Yorkers Breaking Social Distancing Rules And just like that, we, the sheeple are enforcing authorities’ wishes… Despite being “warm, emotional people”, NYC Mayor De Blasio has some totalitarian tips for snitching on your social-distancing-denying neighbors… How do you report places that […]
Japan Proves Again Just How Laughable The Idea That Central Banks Can Support Markets Is
ZeroHedge - Apr 19th 2020 5:15pm EDT Japan Proves Again Just How Laughable The Idea That Central Banks Can Support Markets Is Authored by Jeffrey Snider via Alhambra Investments, On March 2, the Bank of Japan leapt into the stock market, Haruhiko Kuroda burnishing his Superman cape as he flew in to rescue the Nikkei. Purchasing a record amount of ETF’s that […]
Secretary Mnuchin: Trump’s Signature On Stimulus Checks “My Idea” – Not The President’s
ZeroHedge - Apr 19th 2020 4:50pm EDT Secretary Mnuchin: Trump’s Signature On Stimulus Checks “My Idea” – Not The President’s Recall that Trump Derangement Syndrome was in high gear on a national scale and in the media when a week ago, just as coronavirus stimulus checks began going out to Americans, the administration announced a break in protocol – saying President Donald Trump’s signature […]
