It’s Not Just Toilet Paper, Seed Shortages Spread As Locked-Down Americans Turn To Growing Their Own Food
ZeroHedge - Apr 19th 2020 7:35am EDT It’s Not Just Toilet Paper, Seed Shortages Spread As Locked-Down Americans Turn To Growing Their Own Food Americans are panic hoarding plant seeds as the coronavirus outbreak confines millions to their homes, crashes the economy, and disrupts food supply chains. This has resulted in people questioning their food security. A Google search of “buy seeds” […]
The Destructive Force Of Bank Credit
ZeroHedge - Apr 19th 2020 7:00am EDT The Destructive Force Of Bank Credit Authored by Alasdair Macleod via GoldMoney.com, Commentators routinely confuse the deflationary effects of a contraction of bank credit with the inflationary effects of central bank policies designed to offset it. Central banks always ensure their stimulus is greater, so inflation, not deflation, is always the outcome. In order to […]
Kyle Bass Blasts China’s “Most Lying, Coercive, Manipulative Government” For “Knowingly Infecting The World”
ZeroHedge - Apr 18th 2020 11:30pm EDTKyle Bass Blasts China’s “Most Lying, Coercive, Manipulative Government” For “Knowingly Infecting The World” Authored by Jan Jekielek via The Epoch Times, With countries around the world in quarantine or lockdown mode to deal with the Wuhan coronavirus or CCP virus pandemic, what can we expect in terms of economic fallout? What evidence has emerged showing the Chinese […]
Is This The Safest Place In America To Hide From COVID-19?
ZeroHedge - Apr 18th 2020 11:00pm EDT Is This The Safest Place In America To Hide From COVID-19? As Americans exit major metros, headed for rural communities, in search of remote areas to weather the virus storm, there has been one question on everyone’s mind: Where is the safest place in America to hide during the pandemic? Well, from our past writings, we […]
What Will You Do If They Try To Extend COVID-19 Lockdowns Into Next Year?
ZeroHedge - Apr 18th 2020 10:30pm EDT What Will You Do If They Try To Extend COVID-19 Lockdowns Into Next Year? Authored by Michael Snyder via TheMostImportantNews.com, We are seeing a massive backlash against the coronavirus lockdowns all over the United States, and it is likely that the protests against these lockdowns will only intensify in the days ahead. But some elected […]
Goldman Now Sees A 123% Plunge In Q2 S&P Earnings, $850BN Drop In Corporate Cash Spending
ZeroHedge - Apr 18th 2020 10:00pm EDT Goldman Now Sees A 123% Plunge In Q2 S&P Earnings, $850BN Drop In Corporate Cash Spending With 9% of S&P 500 firms having already reported Q1 earnings including all of the major banks, results have generally disappointed relative to already tepid expectations. 43% of companies have missed consensus expectations, on pace for the highest rate […]
Reopening Too Soon Could Cause “Exponential Explosion” Of US COVID-19 Cases, MIT Researchers
ZeroHedge - Apr 18th 2020 9:30pm EDT Reopening Too Soon Could Cause “Exponential Explosion” Of US COVID-19 Cases, MIT Researchers Authored by Victor Tangermann via Futurism.com, Researchers at MIT trained a neural network model on data that predicted the spread of the coronavirus from late January to early March, including information on how countries implemented quarantine measures. The researchers have a dire […]
Shocking Report Shows Half The Homeless At Boston Shelter Tested Positive For COVID-19: And None Had Symptoms
ZeroHedge - Apr 18th 2020 9:00pm EDT Shocking Report Shows Half The Homeless At Boston Shelter Tested Positive For COVID-19: And None Had Symptoms Researchers and clinicians who have ‘experimented’ with random mass testing for COVID-19 have made some pretty amazing – and amazingly depressing – discoveries. Yesterday, we shared a report about one sweeping antibody testing regime set up by researchers […]
Exposing The New Fault Lines In A Post-Globalized World
ZeroHedge - Apr 18th 2020 8:35pm EDT Exposing The New Fault Lines In A Post-Globalized World Authored by Marshall Auerback and Jan Ritch-Frel. This article was produced by Economy for All, a project of the Independent Media Institute… The coronavirus pandemic has upended the global economic system, and just as importantly, cast out 40 years of neoliberal orthodoxy that dominated the industrialized world. […]
CLOs Face “Extinction Level Event” As Moodys Prepares To Downgrade A Fifth Of All CLO Bonds
ZeroHedge - Apr 18th 2020 8:10pm EDT CLOs Face “Extinction Level Event” As Moodys Prepares To Downgrade A Fifth Of All CLO Bonds Over the past month, in its quest to bailout the richest Americans and the country’s financial system, the Fed has unleashed an unprecedented array of actions meant to backstop capital markets, going so far as buying investment grade, high […]
COVID-19 Could Change Travel Behavior Forever… Putting 3 Million b/d Oil Demand At Risk
ZeroHedge - Apr 18th 2020 7:45pm EDT COVID-19 Could Change Travel Behavior Forever… Putting 3 Million b/d Oil Demand At Risk Authored by Daniel Klein via S&P Global Platts Inisghts blog, Global air, road and rail travel have been massively reduced as governments attempt to limit the spread of coronavirus, taking a heavy toll on short-term oil demand. Clearly, the mandated restrictions […]
Von Greyerz: A Hyperinflationary Depression Has Always Been The Inevitable Endgame
ZeroHedge - Apr 18th 2020 6:55pm EDT Von Greyerz: A Hyperinflationary Depression Has Always Been The Inevitable Endgame Authored by Egon von Greyerz via GoldSwitzerland.com, A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus. It could start anywhere but the most […]
Retail Sales Were Bad; The Reality Is Catastrophic
ZeroHedge - Apr 18th 2020 6:30pm EDT Retail Sales Were Bad; The Reality Is Catastrophic Last week’s retail sales print was – just like the rest of recent economic data – dismal, with the year-over-year drop of 6.2% the largest since September 2009. Alas, it appears that the government data may have dramatically underrepresented the full severity of the recent plunge. As […]
US Builds Up Naval Forces In Caribbean In Pressure Campaign Against Maduro
ZeroHedge - Apr 18th 2020 6:05pm EDT US Builds Up Naval Forces In Caribbean In Pressure Campaign Against Maduro Authored by Jason Ditz via AntiWar.com, US Southern Command chief Admiral Craig Faller said in an interview that the growing US buildup in the Caribbean does not represent a change in Venezuelan policy, and is not aimed at removing President Maduro from power. […]
Here’s Why A Coronavirus Vaccine Might Not Happen Within 18 Months
ZeroHedge - Apr 18th 2020 5:40pm EDT Here’s Why A Coronavirus Vaccine Might Not Happen Within 18 Months With much of the world under some form of lockdown to slow the spread of COVID-19, and debates rage over when, and how, to reopen the global economy in order to avoid the next great depression, the light at the end of the tunnel […]
The Timeline Of WHO’s Cover-Up Exposed
ZeroHedge - Apr 18th 2020 5:15pm EDT The Timeline Of WHO’s Cover-Up Exposed Authored by Peter Svab via The Epoch Times, The World Health Organization (WHO) is facing a flurry of criticism for its response to the CCP virus pandemic, and much of the problem can be attributed to the growing influence the communist regime in China has on the organization. Critics mainly point out that […]
US Abruptly Ends Continuous Bomber Presence In Guam Days After B-52 ‘Show Of Force’
ZeroHedge - Apr 18th 2020 4:50pm EDT US Abruptly Ends Continuous Bomber Presence In Guam Days After B-52 ‘Show Of Force’ Coming as a likely surprise to US enemies and rivals at a moment regional tensions with China are once again on the rise, and just days after a major aircraft “elephant walk” show of force was conducted at Anderson Air Force Base in Guam, […]
The Government Shows Little Respect For Our Tax Dollar
ZeroHedge - Apr 18th 2020 4:25pm EDT The Government Shows Little Respect For Our Tax Dollar Authored by Bruce Wilds via Advancing Time blog, Hard-working Americans that pay taxes should be more than angry over how little respect the politicians in Washington have for their tax dollars… An article that appeared on MarketWatch details what people that receive an undeserved 1,200 dollar […]
Here Are The Problems WIth Trump’s Plan To Reopen The Economy
ZeroHedge - Apr 18th 2020 4:00pm EDT Here Are The Problems WIth Trump’s Plan To Reopen The Economy On Thursday, the Trump administration released a three-phase plan for reopening the economy. Each phase would ensue after only a 14-day period to determine the impact on health statistics, so in theory the “new normal” could be achieved in 28 days. If this were […]
Market Rallies Into The “Resistance Zone”
ZeroHedge - Apr 18th 2020 3:35pm EDT Market Rallies Into The “Resistance Zone” Authored by Lance Roberts via RealInvestmentAdvice.com, Market Rallies Into The “Resistance Zone” This week’s newsletter will be somewhat condensed as the bulk of our current positioning is based upon the information contained in the two reports referenced herein. The goal of this week’s letter is simply to outline the […]
Insolvent Illinois Begs Congress For Pension Bailout
ZeroHedge - Apr 18th 2020 2:45pm EDT Insolvent Illinois Begs Congress For Pension Bailout Authored by Mike Shedlock via MishTalk, Illinois pension plans are in serious trouble. So serious, the states seeks a federal bailout. Cities are in trouble too! The president of the Illinois State Senate seeks $40 billion to help the pension system, fund unemployment insurance and aid hospitals and […]
Getting Out Of Dodge: After Exiting Loans And Hiking Mortgage Standards, JPMorgan Stops Accepting HELOCs
ZeroHedge - Apr 18th 2020 2:20pm EDT Getting Out Of Dodge: After Exiting Loans And Hiking Mortgage Standards, JPMorgan Stops Accepting HELOCs Earlier this week, JPMorgan reported that its loan loss provision surged five fold to over $8.2 billion for the first quarter, the biggest quarterly increase since the financial crisis (even if its total reserve for losses is still a fraction […]
The New COVID-19 Authoritarians Will Only Give Up Power If They Fear Blowback
ZeroHedge - Apr 18th 2020 1:55pm EDT The New COVID-19 Authoritarians Will Only Give Up Power If They Fear Blowback Authored by Allen Stevo via The Mises Institute, It was autumn 1989. Momentous things were taking place in the world. The Berlin Wall had fallen. The people of the Eastern Bloc had succeeded at getting to the West through Hungary. The firm […]
“The Fed Is All The Buyers Have”: The Banks Agree Stocks Have Never Been More Expensive
ZeroHedge - Apr 18th 2020 1:30pm EDT “The Fed Is All The Buyers Have”: The Banks Agree Stocks Have Never Been More Expensive Late last week, we showed a chart from Credit Suisse which we described simply as “insanity” because it demonstrated that as the US careened into a depression, with GDP crashing and the unemployment rate soaring, between the latest Fed-driven […]
“V-Shaped Recovery” Narrative Crushed As Small Business Firings Start
ZeroHedge - Apr 18th 2020 1:05pm EDT “V-Shaped Recovery” Narrative Crushed As Small Business Firings Start Authored by Bruce Wilds via Advancing Time blog, The Paycheck Protection Program or PPP was funded with $350 billion in the last stimulus bill, this money is now gone. Of the thirty million small businesses in America, only 1.7 million received money from the 2.3 trillion dollar […]
