80% Of Americans Will Wait To Resume Normal Activities After COVID-19 Restrictions Lifted
ZeroHedge - Apr 14th 2020 5:45pm EDT 80% Of Americans Will Wait To Resume Normal Activities After COVID-19 Restrictions Lifted As the debate rages over when to reopen the country amid the coronavirus pandemic, over 80% of Americans say they would wait to return to normal activities after the government lifts nationwide restrictions designed to slow the spread of the virus, according […]
The Road To Perdition Is Paved With Evil Intentions, Part 2: A Final Reckoning
ZeroHedge - Apr 14th 2020 5:25pm EDT The Road To Perdition Is Paved With Evil Intentions, Part 2: A Final Reckoning Authored by Jim Quinn via The Burning Platform, In Part 1 of this article I pointed out how we have allowed ourselves to be cowed by authoritarian “experts” who have proven to be nothing but incompetent and wrong every step of the way, […]
US Airlines, Treasury Department Reach Deal For Billions In Bailout Aid
ZeroHedge - Apr 14th 2020 5:09pm EDTUS Airlines, Treasury Department Reach Deal For Billions In Bailout Aid After weeks of negotiations over the shape of the Treasury’s bailout package of US airline carriers, moments ago the Treasury Department announced it had reached an agreement in principle with the country’s airline to access billions of dollars in aid as the government attempts […]
Meet The “Fed Fighters”: Junk Bond ETF Shorts Hit An All Time High Despite Fed Backstop
ZeroHedge - Apr 14th 2020 5:05pm EDT Meet The “Fed Fighters”: Junk Bond ETF Shorts Hit An All Time High Despite Fed Backstop Three week ago we showed the dramatic crushing of shorts in the investment grade bond ETF, the LQD, where shorts initially soared higher in the first half of March as credit prices tumbled, then plummeted to all time lows […]
Watch Live: White House Delivers Tuesday Coronavirus Briefing
ZeroHedge - Apr 14th 2020 4:55pm EDTWatch Live: White House Delivers Tuesday Coronavirus Briefing Here we go again… After last night’s 2-and-a-half hour battle with the press, the White House coronavirus task force will gather again Tuesday to deliver its latest daily ‘update’. Watch live below: Tyler Durden Tue, 04/14/2020 – 16:55
What Happens When The Pandemic Ends?
ZeroHedge - Apr 14th 2020 4:45pm EDT What Happens When The Pandemic Ends? Authored by John Rubino via DollarCollapse.com, Let’s assume that by the end of this year a combination of social distancing and some new and effective treatments convert covid-19 from existential threat to chronic nuisance and the economy starts to assume an air of normalcy. Which is to say that […]
A Letter To The Inhabitants Of The Future Dystopia Whose Birth Pangs We’re Experiencing
ZeroHedge - Apr 14th 2020 4:20pm EDT A Letter To The Inhabitants Of The Future Dystopia Whose Birth Pangs We’re Experiencing Authored by James Corbett via minds.com, “The lamps are going out all over Europe, we shall not see them lit again in our life-time.” – WWI conspirator Edward Grey I do not write these words for my contemporaries. We are the damned. […]
Gold Jumps, Crude Dumps As Nasdaq Squeezes To Best Run In 5 Months
ZeroHedge - Apr 14th 2020 4:00pm EDT Gold Jumps, Crude Dumps As Nasdaq Squeezes To Best Run In 5 Months The only thing driving stock markets right now… Markets right now: pic.twitter.com/uj8Bpj3fMd — Masa Capital (@MasaSonCap) April 13, 2020 Because fun-durr-mentals aren’t… Top-down macro… Source: Bloomberg Bottom-up micro… Source: Bloomberg …and neither is virus optimism? Source: Bloomberg And, as Steve Liesman noted: […]
“An Unpleasant Truth”: Used Auto Market On Verge Of Collapse That Could Cost Companies Billions
ZeroHedge - Apr 14th 2020 3:45pm EDT “An Unpleasant Truth”: Used Auto Market On Verge Of Collapse That Could Cost Companies Billions As if we weren’t getting a clear enough picture of the auto industry imploding as a result of new car sales plunging, the industry is now warning about a used-car price collapse. The collapse is coming as a result of […]
Wall Street Has A New “Biggest Tail Risk”: This is What Investors Are Most Worried About Now
ZeroHedge - Apr 14th 2020 3:30pm EDT Wall Street Has A New “Biggest Tail Risk”: This is What Investors Are Most Worried About Now It’s safe to say that most on Wall Street failed to anticipate the catastrophic impact the coronavirus would have on the economy as late as the end of February. That’s because in the Bank of America Fund Manager […]
Pew Poll: 30% Of Americans Say Coronavirus Was Made In A Lab – That Number Is About To Grow
ZeroHedge - Apr 14th 2020 3:10pm EDT Pew Poll: 30% Of Americans Say Coronavirus Was Made In A Lab – That Number Is About To Grow The latest COVID-19 poll out of Pew Research Center asked Americans where they think the coronavirus came from: 43% said it came about naturally. 29% said it was made in a lab. 25% are not sure. Though respondents were […]
Hong-Kong Flagged Tanker Attacked & Briefly Held By Iranian Commandos
ZeroHedge - Apr 14th 2020 2:55pm EDT Hong-Kong Flagged Tanker Attacked & Briefly Held By Iranian Commandos The global shipping news and tracking site Trade Winds reports that a Hong Kong-flagged tanker has been boarded by armed men in the Strait of Hormuz, and subsequently taken into Iranian waters. Details are sketchy at this point, but Reuters has also confirmed an event […]
NORAD Orders Release Of Photos Showing US Troops In Action Against COVID-19 ‘To Reassure The Public’
ZeroHedge - Apr 14th 2020 2:40pm EDT NORAD Orders Release Of Photos Showing US Troops In Action Against COVID-19 ‘To Reassure The Public’ North American Aerospace Defense Command (NORAD) is leading Pentagon efforts to turn the fight against the coronavirus into a US military PR campaign, apparently, given it’s issued an order for Pentagon public affairs as well as the Canadian Army […]
Amazon Fires Three More Employees For Criticizing Working Conditions
ZeroHedge - Apr 14th 2020 2:25pm EDT Amazon Fires Three More Employees For Criticizing Working Conditions Amazon has fired three employees that publicly criticized working conditions at the company for violations of company policy. The company confirmed that it had fired Emily Cunningham, Bashir Mohamed and Maren Costa after several of the employees took to Twitter to voice concerns about how employees were […]
Investing Is Dead: World’s Largest Asset Manager Says “We’ll Just Buy Whatever Central Banks Are Buying”
ZeroHedge - Apr 14th 2020 2:10pm EDTInvesting Is Dead: World’s Largest Asset Manager Says “We’ll Just Buy Whatever Central Banks Are Buying” Now that moral hazard has, as Rabobank put it, “carved central planning into the bedrock of the US financial system”, and moral hazard is not just universally accepted but widely expected component of the investing process, it probably also […]
Dr. Fauci Says Reopening Economy By May “A Bit Overly Optimistic”, Contradicting Trump Again
ZeroHedge - Apr 14th 2020 1:55pm EDT Dr. Fauci Says Reopening Economy By May “A Bit Overly Optimistic”, Contradicting Trump Again In what appears to be the second time in as many days that Dr. Anthony Fauci has contradicted the president in a media interview, the good doctor reportedly told the Associated Press that he felt May 1, President Trump’s latest ‘target […]
Sen. Hawley Announces Bill To Strip China Of Sovereign Immunity; Would Allow Private Lawsuits Over COVID-19
ZeroHedge - Apr 14th 2020 1:40pm EDT Sen. Hawley Announces Bill To Strip China Of Sovereign Immunity; Would Allow Private Lawsuits Over COVID-19 Sen. Josh Hawley (R-MO) is introducing a bill which would “hold the Chinese Communist Party (CCP) responsible for causing the COVID-19 global pandemic,” Hawley announced on Tuesday. The Justice for Victims of COVID-19 Act would strip China of its […]
BTFD? The Reward Doesn’t Justify The Risk
ZeroHedge - Apr 14th 2020 1:25pm EDT BTFD? The Reward Doesn’t Justify The Risk Authored by Lance Roberts via RealInvestmentAdvice.com, In this past weekend’s missive, I discussed the market’s completion of the 50% retracement. To wit: “From a purely technical basis, the extreme downside extension, and potential selling exhaustion, has set the markets up for a fairly strong reflexive bounce. Such an […]
CIA Secretly Told Staff COVID-19 Drug Touted By Trump Might Cause “Sudden Death”
ZeroHedge - Apr 14th 2020 1:10pm EDT CIA Secretly Told Staff COVID-19 Drug Touted By Trump Might Cause “Sudden Death” President Trump’s “game changer” drug he’s frequently been advancing in the fight against coronavirus, hydroxychloroquine, has been met with mixed reactions among health professionals and even within his own administration – not the least of which is Dr. Fauci’s own changing and at times contradictory statements […]
Rabobank: “The Fed Just Carved Central Planning Into The Bedrock Of The US Financial System”
ZeroHedge - Apr 14th 2020 12:55pm EDTRabobank: “The Fed Just Carved Central Planning Into The Bedrock Of The US Financial System” Submitted by Michael Every of Rabobank Not enough. NOT enough. NOT ENOUGH So much – and not enough: of things to cover and space to write it in – among others. Let’s recall that we return from the long Easter […]
Air Force Deploys First Laser Weapon System Overseas
ZeroHedge - Apr 14th 2020 12:41pm EDT Air Force Deploys First Laser Weapon System Overseas The Air Force Research Laboratory (AFRL) has deployed the first high-energy laser weapon system overseas to combat drones for a 12-month field assessment. During the field assessment, ARFL will evaluate if the directed energy weapon system can be a game-changing capability to defend high-value assets from drone swarms or […]
Ron Paul Fears A ‘Healthcare’ PATRIOT Act
ZeroHedge - Apr 14th 2020 12:26pm EDT Ron Paul Fears A ‘Healthcare’ PATRIOT Act Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to a story in Politico, the White House Coronavirus Task Force is considering creating a national surveillance system to track Americans’ health information. Supporters of this initiative claim it would enable the federal government […]
North Korea Fires Barrage Of Suspected Cruise Missiles In “Major Show Of Force”
ZeroHedge - Apr 14th 2020 12:10pm EDT North Korea Fires Barrage Of Suspected Cruise Missiles In “Major Show Of Force” On Tuesday North Korea fired multiple suspected cruise missiles from both the ground and air off the country’s east coast, South Korea’s military said. The missiles flew for over 93 miles (150km) at a low altitude according to South Korea’s Joint Chiefs of Staff said, […]
Boeing Tumbles After Customers Cancel Record 150 MAX Airplane Orders In March
ZeroHedge - Apr 14th 2020 11:35am EDT Boeing Tumbles After Customers Cancel Record 150 MAX Airplane Orders In March In case stocks needed another reason to soar higher with 20% unemployment, 30% mortgage defaults, GDP about to print at -40%, cratering corporate profits, JPMorgan profit crashing 69% with Jamie Dimon warning of a “severe recession”, Boeing delivered moments ago when the company […]
Hedge Fund Managers Quietly Apply For Bailouts As Small Businesses
ZeroHedge - Apr 14th 2020 11:20am EDT Hedge Fund Managers Quietly Apply For Bailouts As Small Businesses Several hedge funds have attempted to tap into the $349 billion Paycheck Protection Program included in the historic $2 trillion US stimulus package designed to keep small businesses afloat during the coronoavirus pandemic, according to Bloomberg. Managed by the Small Business Administration, the PPP was […]
