Is Nassim Taleb “The Only Man That Has A Clue”?
ZeroHedge - Apr 16th 2020 9:30am EDT Is Nassim Taleb “The Only Man That Has A Clue”? Authored by Raul Ilargi Meijer via The Automatic Earth blog, Today, I’m going to try to show you how and why we know that in the case of a pandemic like the one we’re in, surrounded by doubts and uncertainties, there are still a series […]
‪Shocking Images Show Body-Bags Piled Up In Vacant Detroit Hospital Rooms
ZeroHedge - Apr 16th 2020 9:15am EDT Shocking Images Show Body-Bags Piled Up In Vacant Detroit Hospital Rooms Detroit’s Sinai-Grace Hospital is making headlines this week via a new report from CNN that shows alleged images of body bags stacked inside a vacant room and in refrigerated trucks. News of the hospital overwhelmed by COVID-19 deaths comes as refrigerated trucks were called in to […]
Elon Musk: “What I Find Most Surprising is That CNN Still Exists”
ZeroHedge - Apr 16th 2020 8:59am EDT Elon Musk: “What I Find Most Surprising is That CNN Still Exists” Authored by Paul Joseph Watson via Summit News, Elon Musk called out CNN for erroneously reporting that more than 1,000 ventilators sent by Tesla to California hospitals hadn’t been received while expressing his surprise that the news network “still exists.” Last month, Musk […]
Philly Fed Collapses By Most Ever To 40 Year Lows
ZeroHedge - Apr 16th 2020 8:50am EDT Philly Fed Collapses By Most Ever To 40 Year Lows Philly Fed joined the rest of the regional Fed surveys in an utter bloodbath. Against expectations of a -32.0 print, Philly Fed crashed to -56.6 – the lowest since 1980 and the biggest 2-month drop in history… Source: Bloomberg Under the hood it’s ugly: April […]
Housing Starts Collapse By Most In 36 Years
ZeroHedge - Apr 16th 2020 8:41am EDT Housing Starts Collapse By Most In 36 Years Carnage in homebuilder sentiment following a record collapse in homebuyer sentiment means it really should not be a total surprise to see Housing Starts crash 22.3% MoM (the biggest drop since 1984)… Building Permits also plunged (down 6.8% MoM). Source: Bloomberg Under the hood, Single-family starts fell […]
Despite Stellar Trading Results Morgan Stanley Hit By Loss Provisions; Warning Of 30% Drop In April Trading Volume
ZeroHedge - Apr 16th 2020 8:38am EDT Despite Stellar Trading Results Morgan Stanley Hit By Loss Provisions; Warning Of 30% Drop In April Trading Volume While corporate America’s income statement has been hit hard by the plunge in revenue and cash flow, its balance sheet remains resilient for now, although not for long with the pain expected to come over time as […]
22 Million Jobless Claims In 1 Month: Last 4 Weeks Erase All Jobs Created Since The Great Recession
ZeroHedge - Apr 16th 2020 8:34am EDT 22 Million Jobless Claims In 1 Month: Last 4 Weeks Erase All Jobs Created Since The Great Recession In the last week 5.245 million Americans filed for unemployment benefits for the first time. Source: Bloomberg This level comes in right aaround Goldman’s estimate… That brings the four-week total to 22.025, which is over 10 times […]
Blain: Beware The Market “Judder”
ZeroHedge - Apr 16th 2020 8:20am EDT Blain: Beware The Market “Judder” Authored by Bill Blain via MorningPorridge.com, “It was a closest run thing you ever saw in your life…” Markets stumbled y’day – caught between hopes the global economy will shortly reopen versus the increasingly dire economic outlook and the complexities of reopening. Yesterday’s record 8.7% decline in US retail sales […]
Futures Rebound Ahead Of 6 Million More In Jobless Claims
ZeroHedge - Apr 16th 2020 8:02am EDT Futures Rebound Ahead Of 6 Million More In Jobless Claims Europe rebounded from yesterday’s slump, reversing earlier weakness in Asia, pushing global stock markets higher on Thursday as tentative moves to reopen parts of the some of its larger coronavirus-hit economies offset some truly stinking global economic numbers. U.S. stock index futures edged higher on […]
Global Food Supply Chains Beginning To Erode As Crisis Looms
ZeroHedge - Apr 16th 2020 7:50am EDT Global Food Supply Chains Beginning To Erode As Crisis Looms Authored by Tom Lewis via GoldTelegraph.com, As the coronavirus continues to infect more and more people, food supply chains have started to become more strained in recent days. It was announced yesterday; the world’s biggest pork producer is closing a primary U.S plant indefinitely after […]
EU Apologizes To Italy For Tepid Coronavirus Response After Global Outbreak’s Deadliest Day: Live Updates
ZeroHedge - Apr 16th 2020 7:10am EDT EU Apologizes To Italy For Tepid Coronavirus Response After Global Outbreak’s Deadliest Day: Live Updates Summary: Germany reports jump in new cases, deaths Spain reports most new cases in a week Turkey releases mafia boss from prison Global Times editor denies report about leak from Wuhan lab Chinese factories on verge of second shutdown European […]
Canadian Meat Industry Warns Of “Immediate And Drastic” Impact To Supply
ZeroHedge - Apr 16th 2020 6:30am EDT Canadian Meat Industry Warns Of “Immediate And Drastic” Impact To Supply We have been covering the impact of coronavirus on meat processing facilities in the U.S. and now it looks as though Canada is feeling the shockwaves as well. The country’s supply chain could come under pressure as industry leaders in Canada have warned of “immediate […]
Jim Rickards: “Get Ready For Social Disorder”
ZeroHedge - Apr 16th 2020 6:00am EDT Jim Rickards: “Get Ready For Social Disorder” Authored by James Rickards via The Daily Reckoning, The stock market has rallied significantly in recent weeks, spurred by the Fed’s massive recent liquidity injections. But you really shouldn’t be terribly surprised by the rally. Even the worst bear markets see substantial bouncebacks. And you can expect the […]
Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe-Sunbathing This Summer
ZeroHedge - Apr 16th 2020 5:30am EDT Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe-Sunbathing This Summer Once the quarantine is over, there will be time to explore and observe how society has evolved rapidly. Well, by the time everyone makes it out of the house this summer, we all might be ushered back into quarantine by fall as the second coronavirus […]
Welcome To The “New Normal” (In 50 Headlines)
ZeroHedge - Apr 16th 2020 5:00am EDT Welcome To The “New Normal” (In 50 Headlines) Via Off-Guardian.org, Consent Factory have put together a wonderful collection of all the great work being done by our Beloved Governments to keep us all safe. Always remember that these Measures are for your own good. Doubting The Measures is a possible sign of infection. Consult your treatment diary for […]
World War Z? Dead Patient Infects Medical Examiner With COVID-19
ZeroHedge - Apr 16th 2020 4:15am EDT World War Z? Dead Patient Infects Medical Examiner With COVID-19 It should now make sense why China was so adamant in cremating bodies as the fast-spreading virus terrorized Wuhan earlier this year. That is because, a new report published on April 11 says a medical examiner recently passed away after contracting COVID-19 from a corpse. The incident […]
“Something’s Gone Wrong”: UK Government, Banks Screw Up COVID-Loans, Small Firms Near Collapse
ZeroHedge - Apr 16th 2020 3:30am EDT “Something’s Gone Wrong”: UK Government, Banks Screw Up COVID-Loans, Small Firms Near Collapse Authored by Nick Corbishley via WolfStreet.com, Part of the problem is cultural: big banks in the UK don’t like lending to small businesses, especially not at 1.5%… Thanks to its Brexit planning, the UK should have been better positioned to help its […]
EU Prohibits Bailed Out Companies From Paying Bonuses, Dividends
ZeroHedge - Apr 16th 2020 2:45am EDTEU Prohibits Bailed Out Companies From Paying Bonuses, Dividends Back on April 1, we predicted that with European banks suspending dividends across the board, “if shareholders are impacted, why not also the biggest source of bank cash: banker bonuses.” Today, we got partial confirmation of this when the FT reported that companies given equity injections […]
German Lawyer Who Criticized Lockdown Arrested, Taken To Psych Ward
ZeroHedge - Apr 16th 2020 2:00am EDT German Lawyer Who Criticized Lockdown Arrested, Taken To Psych Ward Authored by Paul Joseph Watson via Summit News, A German medical lawyer who criticized the coronavirus lockdown law was arrested and taken to a psychiatric ward, where she says she was violently abused by authorities. Beate Bahner published a press release on April 3rd decrying […]
China Launches Survey To Learn More About Asymptomatic Cases, Immunity
ZeroHedge - Apr 16th 2020 1:00am EDT China Launches Survey To Learn More About Asymptomatic Cases, Immunity Approximately 11,000 people across ten provinces and cities in China, including Wuhan, will be randomly selected to give blood samples and throat swabs so that researchers can learn more about asymptomatic coronavirus cases, as well as immunity in people with coronavirus infections, according to the […]
They Don’t Want You To Know The Truth Or Be Exposed To Differing Opinions
ZeroHedge - Apr 16th 2020 12:10am EDT They Don’t Want You To Know The Truth Or Be Exposed To Differing Opinions Authored by Mac Slavo via SHTFplan.com, ZeroHedge and others are targets of big tech! Not only has our favorite site for financial news been banned from Twitter, but I recently noticed that when I went to click on its articles shared […]
US Space Command Blasts Russia’s ‘Hostile’ Anti-Satellite Weapon Test
ZeroHedge - Apr 15th 2020 11:50pm EDT US Space Command Blasts Russia’s ‘Hostile’ Anti-Satellite Weapon Test It appears Trump’s newly establish Space Command has something to keep it busy with as Russia on Wednesday flexed its muscle in space in a new test of what’s being described as a ground-based, direct-ascent anti-satellite weapon (or ASAT weapon). Space Command issued a condemnation later in the day […]
WHO & Its Never-Ending List Of Errors
ZeroHedge - Apr 15th 2020 11:30pm EDT WHO & Its Never-Ending List Of Errors Via Great Game India, The World Health Organization (WHO) is a primary agency of the United Nations responsible for international public health. However, in recent times, the WHO has been criticized for either acting too late or too little during a health crisis. There have been instances where […]
Moscow’s Communists Warn “There Will Be Mass Starvation” And Protests As Coronavirus Slams Russian Economy
ZeroHedge - Apr 15th 2020 11:10pm EDT Moscow’s Communists Warn “There Will Be Mass Starvation” And Protests As Coronavirus Slams Russian Economy As Russian lawmakers and the government led by Vladimir Putin, who has taken a step back and is allowing his prime minister and other government officials to lead the response, plot to offer assistance to small businesses in and around […]
Man Waiting For $1,700 Stimulus Check Finds $8.2 Million In Bank Account Instead
ZeroHedge - Apr 15th 2020 10:50pm EDT Man Waiting For $1,700 Stimulus Check Finds $8.2 Million In Bank Account Instead With some 80 million people expecting stimulus money to hit their bank accounts starting Wednesday in the biggest and unprecedented instance of the government passing helicopter money directly to Americans’ pockets in history, there are bound to be mistakes and errors. A volunteer firefighter in […]
