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  • 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 EDT

    Rabobank: “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 […]

  • Fund Manager Survey, The “Apocalypse” Edition: Record High Pessimism And Cash Levels, Record Low Liquidity And Equity Allocations

    ZeroHedge - Apr 14th 2020 11:05am EDT

    Fund Manager Survey, The “Apocalypse” Edition: Record High Pessimism And Cash Levels, Record Low Liquidity And Equity Allocations The latest, “coronavirus” edition of BofA’s Fund Manager Survey which polled 183 participants with $545bn AUM between April 1 and 7, found widespread fear and pessimism with most expecting a recession, a surge in cash (to levels […]

  • 21 New York City Teachers & Over 50 Total School Staff Have Died Of COVID-19

    ZeroHedge - Apr 14th 2020 11:00am EDT

    21 New York City Teachers & Over 50 Total School Staff Have Died Of COVID-19 As NYC’s total Covid-19 cases skyrocket past 105,000 – the The New York City Department of Education (DOE) has released an alarming figure, saying that over 50 of its school employees have died in connection to coronavirus. This includes 21 teachers, according […]

  • CNN’s Cuomo Melts-Down Live On Radio, Admits His Job Is “Trafficking In The Ridiculous”

    ZeroHedge - Apr 14th 2020 10:45am EDT

    CNN’s Cuomo Melts-Down Live On Radio, Admits His Job Is “Trafficking In The Ridiculous” Authored by Steve Watson via Summit News, CNN anchor Chris Cuomo made a startling confession Monday, declaring that he doesn’t value his job and that CNN is “trafficking in things that I think are ridiculous.” In a Howard Beale-esq moment, Cuomo […]

  • $130 Billion Tesla Tells Its Landlords It’ll Be Paying Less Rent

    ZeroHedge - Apr 14th 2020 10:30am EDT

    $130 Billion Tesla Tells Its Landlords It’ll Be Paying Less Rent While some companies may be wasting time asking for rent concessions as a result of the coronavirus lockdown, Tesla, which is now valued at about $130 billion as of Tuesday morning’s trading, is telling its landlords its going to be paying less in rent. The […]

  • What Price Victory… In The COVID-19 War?

    ZeroHedge - Apr 14th 2020 10:16am EDT

    What Price Victory… In The COVID-19 War? Authored by Patrick Buchanan via Buchanan.org, The same day the number of U.S. dead from the coronavirus disease hit the 15,000 mark, we also crossed the 15 million mark on the number of Americans we threw out of work to slow its spread and “bend the curve.” For […]

  • Nasdaq Surges Back Above Key Technical Levels

    ZeroHedge - Apr 14th 2020 10:04am EDT

    Nasdaq Surges Back Above Key Technical Levels For the first time since early March, Nasdaq has scrambled back above key technical levels as Dow futures test Sunday night opening highs… Nasdaq Composite is back above its 50- and 200-day moving-averages… Dow futures are soaring… Will the machines extend or bend here? Tyler Durden Tue, 04/14/2020 […]

  • Obama Expected To Endorse Biden Later Today

    ZeroHedge - Apr 14th 2020 9:59am EDT

    Obama Expected To Endorse Biden Later Today After staying on the sidelines for the entire primary, President Barack Obama will officially endorse his former VP, longtime purported friend and now finally the presumptive Democratic nominee Joe Biden in the race for president. Late last week in a piece entitled “Barack Obama Wins The Democratic Primary”, […]

  • US State Department Cables Warned Of Potential ‘SARS-Like Pandemic’ After Visiting Wuhan Lab Experimenting With Bat Coronavirus

    ZeroHedge - Apr 14th 2020 9:50am EDT

    US State Department Cables Warned Of Potential ‘SARS-Like Pandemic’ After Visiting Wuhan Lab Experimenting With Bat Coronavirus The US State Department received two cables from US Embassy officials in 2018 warning of inadequate safety at a Wuhan, China biolab conducting ‘risky studies’ on bat coronaviruses, according to the Washington Post, which notes that the cables […]

  • “I’m No Epidemiologist, But…”

    ZeroHedge - Apr 14th 2020 9:35am EDT

    “I’m No Epidemiologist, But…” Authored by Richard Breslow via Bloomberg, One thing you hear a lot of is, “I’m no epidemiologist, but…” The stock market will make new lows. The bottom is in. If we get a second round of infections, earnings will continue to be hurt and valuations are too high. If we come […]

  • Cruise Lines Say Bookings For 2021 Up 40% Despite Terrifying Series Of On-Board Outbreaks

    ZeroHedge - Apr 14th 2020 9:20am EDT

    Cruise Lines Say Bookings For 2021 Up 40% Despite Terrifying Series Of On-Board Outbreaks Millions of Americans are terrified that the first pandemic in 100 years will mark a dramatic turning point in social interaction that might cause disruptive new changes in many aspects of society and the global economy. What they seem to be […]

  • “Get Pragmatic” – Bill Blain Warns Of “Seriously Dark Dystopian” Future

    ZeroHedge - Apr 14th 2020 9:05am EDT

    “Get Pragmatic” – Bill Blain Warns Of “Seriously Dark Dystopian” Future Authored by Bill Blain via MorningPorridge.com, “If you try to take a cat apart to see how it works, the first thing you will have is a non-working cat.” On Thursday I posted a note on the Fed doing exactly what I predicted – […]

  • Oil Tumbles After IMF Slashes Global Growth Forecast

    ZeroHedge - Apr 14th 2020 8:49am EDT

    Oil Tumbles After IMF Slashes Global Growth Forecast As if oil prices needed any more help on their downward spiral towards the teens, The IMF just slashed global growth to the worst since the ’30s. “This crisis is like no other,” Gita Gopinath, the IMF’s chief economist, wrote in a foreword to its semi-annual report. “Like […]

  • US Import, Export Prices Plummet In March As COVID Deflationary Drag Strikes

    ZeroHedge - Apr 14th 2020 8:39am EDT

    US Import, Export Prices Plummet In March As COVID Deflationary Drag Strikes In what is perhaps not totally surprising, the deflationary winds of a global lockdown washed ashore in the US with a collapse in both US import and export prices (though both were modestly better than expected). Import Prices fell 2.3% MoM (better than […]

  • Wells Fargo Reports 1 Cent Profit After Loan Loss Provision Soars To $4 Billion

    ZeroHedge - Apr 14th 2020 8:31am EDT

    Wells Fargo Reports 1 Cent Profit After Loan Loss Provision Soars To $4 Billion With JPM starting Q1 earnings season by taking a whopping $6.8 billion in covid-19 loan loss reserves in Q1, it appears that the bank is bracing for even more pain in Q2, even if the number was enough to allow JPM […]

  • “Situation Is Critical” – Massive Wildfire Roars Through Chernobyl Exclusion Zone

    ZeroHedge - Apr 14th 2020 8:15am EDT

    “Situation Is Critical” – Massive Wildfire Roars Through Chernobyl Exclusion Zone Ukrainian first responders have been battling one of the worst wildfires ever inside the Chernobyl Exclusion Zone for the last ten days that now surrounds the abandoned nuclear power plant, reported ABC News. According to Yaroslav Yemelianenko, the head of the Association of Chernobyl Tour […]

  • Central Banks Add More Gold To Their Reserves

    ZeroHedge - Apr 14th 2020 8:00am EDT

    Central Banks Add More Gold To Their Reserves Via SchiffGold.com, Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases. On net, central banks globally added another 36 tons of gold to their reserves in February, according to the latest data released by the […]

  • JPMorgan Profit Plunges To 7 Year Low On Billions In Loan Losses As Dimon Warns Of “Severe Recession”

    ZeroHedge - Apr 14th 2020 7:43am EDT

    JPMorgan Profit Plunges To 7 Year Low On Billions In Loan Losses As Dimon Warns Of “Severe Recession” And so the worst quarterly earnings season since the financial crisis (at least until the catastrophic Q2 earnings) is off, when moments ago JPMorgan reported that it missed expectations, with earnings plunging from a year ago, reporting […]

  • US Coronavirus Death Toll Nears 25k As Slowdown In New Cases Continues In Europe: Live Updates

    ZeroHedge - Apr 14th 2020 7:30am EDT

    US Coronavirus Death Toll Nears 25k As Slowdown In New Cases Continues In Europe: Live Updates As groups of states on the West and East Coast promised to release plans for reopening the economy in the coming days, while President Trump continued to insist that the decision of when to reopen the economy rests with […]