Futures Surge As Trump Touts “Glimmers Of Hope” In Italy & New York
ZeroHedge - Apr 5th 2020 9:21pm EDT Futures Surge As Trump Touts “Glimmers Of Hope” In Italy & New York Officials in New York and Italy reported notable declines in new cases and deaths on Sunday, helping to inspire the most positive reaction in futures to kick off a new trading week since the ‘rona rout. Futures surged out the gate as […]
Why This Crisis Is A Turning Point In History
ZeroHedge - Apr 5th 2020 9:20pm EDT Why This Crisis Is A Turning Point In History Authored by John Gray via The New Statesman, The era of peak globalisation is over. For those of us not on the front line, clearing the mind and thinking how to live in an altered world is the task at hand… The deserted streets will fill again, […]
Despite Soaring Body-Count Across The Nation, Americans Continue To ‘Resist’ Lockdown Orders
ZeroHedge - Apr 5th 2020 8:55pm EDT Despite Soaring Body-Count Across The Nation, Americans Continue To ‘Resist’ Lockdown Orders President Trump reiterated warnings from the last several press briefings on Saturday, indicating that the country should brace for the “toughest week” yet, as confirmed cases and deaths continue to rise on an exponential curve. And despite the more than 308,000 cases and 8,407 […]
What Comes After COVID-19, Freedom Or Despotism?
ZeroHedge - Apr 5th 2020 8:30pm EDT What Comes After COVID-19, Freedom Or Despotism? Authored by Richard Ebeling via The American Institute for Economic Education, The coronavirus crisis that has enveloped the world has brought about calls for society and economy-wide action on the part of governments that has been matched by the imposing of radical shutdowns and compulsory mass quarantining as […]
This KKR-Backed Healthcare Firm Just Slashed Doctors’ Pay In The Middle Of An “Unprecedented” Pandemic
ZeroHedge - Apr 5th 2020 8:05pm EDT This KKR-Backed Healthcare Firm Just Slashed Doctors’ Pay In The Middle Of An “Unprecedented” Pandemic Even if they aren’t exactly certain how the business model works, Twitter blue checks and the rest of the mainstream media – having been whipped into an anti-banker fervor by Bernie Sanders and the last glowing embers of Occupy – […]
On The Precipice Of Martial Law
ZeroHedge - Apr 5th 2020 7:40pm EDT On The Precipice Of Martial Law Authored by Matthew Ehret via The Strategic Culture Foundation, In my recent paper Why Assume There Will Be a 2020 Election?, I took the opportunity of today’s multifaceted crisis in order to revisit an important Wall Street funded coup d’état effort of 1933-34. As I explained in that location, this bankers’ […]
Surgeon General: Next Week Will Be Our ‘Pearl Harbor And 9/11 Moments’
ZeroHedge - Apr 5th 2020 7:15pm EDT Surgeon General: Next Week Will Be Our ‘Pearl Harbor And 9/11 Moments’ Surgeon General Dr. Jerome Adams told NBC’s “Meet the Press” that next week’s national coronavirus situation would be “our Pearl Harbor moment,” adding “It’s going to be our 9/11 moment.” Responding to a question on state-specific stay-at-home orders, Adams said “I talked to […]
Another Terrible Idea In San Francisco…
ZeroHedge - Apr 5th 2020 6:50pm EDT Another Terrible Idea In San Francisco… Authored by Erica Sandberg via City-Journal.org, As the United States continues its “pause,” shuttering businesses and public spaces in order to prevent transmission of the coronavirus, residents are compelled to shelter inside their homes. Meantime, those who live on the streets remain outside. San Francisco is well known for […]
Watch Live: White House Coronavirus Task Force Delivers Sunday Briefing
ZeroHedge - Apr 5th 2020 6:41pm EDTWatch Live: White House Coronavirus Task Force Delivers Sunday Briefing President Trump just announced that Sunday’s White House Task Force press briefing will begin at 6:45pmET. Notably, it’s slated to begin 45 minutes (likely closer to an hour) after futures open. What does that tell you? Tyler Durden Sun, 04/05/2020 – 18:41
“They Want Their Monies Out” – Baltimore Residents ‘Storm Bank’ Amid Fears Of Social Unrest
ZeroHedge - Apr 5th 2020 6:25pm EDT “They Want Their Monies Out” – Baltimore Residents ‘Storm Bank’ Amid Fears Of Social Unrest The evolution of panic hoarding started with 3M N95 masks, then hand sanitizers, non-perishable foods, guns and ammo, and now cash? A video surfaced on Instagram on Saturday, showing a possible bank run in Baltimore City at the MECU Credit Union, […]
Crude Crashes Over 10% After OPEC+ Meeting Delays
ZeroHedge - Apr 5th 2020 6:14pm EDT Crude Crashes Over 10% After OPEC+ Meeting Delays Crude prices are plunging early in Asian trading with Brent down 12% following a delay to the much-hoped-for OPEC+ meeting (due tomorrow, Monday, but now pushed off until Thursday). As Ransquawk details, an OPEC+ call that was scheduled for Monday has been delayed until Thursday, amid […]
The Jackpot Chronicles Scenario 1: Force Majeure
ZeroHedge - Apr 5th 2020 6:00pm EDT The Jackpot Chronicles Scenario 1: Force Majeure Authored by Mark Jeftovic via Guerilla-Capitalism.com, This is the second instalment of The Jackpot Chronicles: Four Possible Post-Coronavirus Scenarios. Force Majeure means: a chance occurrence or superior force that renders a contract unenforceable and frees all parties from their obligations under it. We are frequently told that there exists […]
When Will The Coronavirus Lockdowns Be Lifted? Here Are One Bank’s Estimates
ZeroHedge - Apr 5th 2020 5:45pm EDT When Will The Coronavirus Lockdowns Be Lifted? Here Are One Bank’s Estimates With most of the developed world on lockdown, and markets and economies paralyzed until there is a material decline in new coronavirus cases, i.e., we slide “over the hump” of the coronavirus curve, the biggest question – and variable – in assessing the […]
Bronx Zoo Tiger Tests Positive For COVID-19
ZeroHedge - Apr 5th 2020 5:32pm EDT Bronx Zoo Tiger Tests Positive For COVID-19 Last month, Dr. Fauci insisted at a White House task force press briefing that there was no evidence that pets were vulnerable to the novel coronavirus. Then scientists in Belgium and Hong Kong confirmed that they had found pet cats owned by people infected with the virus that […]
The OPEC+ Meeting Could Send Oil Prices Crashing Below $10
ZeroHedge - Apr 5th 2020 5:10pm EDT The OPEC+ Meeting Could Send Oil Prices Crashing Below $10 Authored by Cyril Widdershoven via OilPrice.com, The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility, the battle between leading producers for market share, the logistical impossibility […]
Fired Navy Carrier Captain Who Penned Leaked Letter Tests Positive For COVID-19
ZeroHedge - Apr 5th 2020 4:45pm EDT Fired Navy Carrier Captain Who Penned Leaked Letter Tests Positive For COVID-19 The Navy captain who has been at the center of controversy for penning a scathing letter to the Navy’s top command over a lagging response to coronavirus ravaging his crew aboard the USS Theodore Roosevelt nuclear aircraft carrier in the West Pacific — now docked […]
Boris Johnson Admitted To Hospital Due To “Persistent” Coronavirus Symptoms
ZeroHedge - Apr 5th 2020 4:29pm EDTBoris Johnson Admitted To Hospital Due To “Persistent” Coronavirus Symptoms Ten days after Boris Johnson was first diagnosed with the coronavirus, moments ago a Downing Street spokesman said that the UK Prime Minister is being admitted to an undisclosed hospital for tests due to “persistent symptoms” including a high fever. “On the advice of his […]
Goldman: After The Crash Of 2020, Corporate Earnings Won’t Recover Until 2023
ZeroHedge - Apr 5th 2020 4:03pm EDT Goldman: After The Crash Of 2020, Corporate Earnings Won’t Recover Until 2023 On Friday morning, around the time of the dismal payrolls report which was not only the first negative print in a decade ending the longest streak of positive jobs reports in history, but was 7x worse than consensus, as sellside desks scrambled to […]
Has The US Cold War Shifted From Russia To China?
ZeroHedge - Apr 5th 2020 3:30pm EDT Has The US Cold War Shifted From Russia To China? Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, Starting in the Obama administration the U.S. increased its full spectrum dominance campaign against Russia as an extension of its goals to destabilize the entire Middle East. Russia’s intervention into the war in Syria after […]
As COVID-19 Forces Classes Online, Colleges Face New Challenge: “Zoombombing”
ZeroHedge - Apr 5th 2020 2:40pm EDT As COVID-19 Forces Classes Online, Colleges Face New Challenge: “Zoombombing” Authored by Blair Nelson via CampusReform.org, A new disturbing trend has emerged among Zoom conference calls called “zoombombing.” Due to the coronavirus, colleges and businesses have had to relocate their classes and meetings onto online video conferencing platforms, such as Zoom. According to the FBI, […]
Next Wave Of Shortages Strikes: NYC Pharmacies Run Out Of Tylenol, Hand Sanitizer, Common Drugs
ZeroHedge - Apr 5th 2020 2:15pm EDT Next Wave Of Shortages Strikes: NYC Pharmacies Run Out Of Tylenol, Hand Sanitizer, Common Drugs In the weeks since California became the first state to order residents to shelter in place, millions of Americans have grappled with an alarming fact: That shortages of products from Tylenol to toilet paper have continued. If anything, they’ve gotten […]
The Fight Against COVID-19: “Bending The Curve” & Then What?
ZeroHedge - Apr 5th 2020 1:50pm EDT The Fight Against COVID-19: “Bending The Curve” & Then What? Eradicate the virus – without a vaccine? Manage infection rates to let the population “build immunity through suffering” until a vaccine is available? How can we revive the economy without risking thousands of deaths in fresh outbreaks? Authored by Wisdom Seeker, a WOLF STREET Commenter with a […]
Biden Says Democrats May Need To Hold Virtual Convention
ZeroHedge - Apr 5th 2020 1:25pm EDT Biden Says Democrats May Need To Hold Virtual Convention Joe Biden says that the Democratic National Convention may need to be held virtually. In a Friday interview with ABC’s “This Week,” the 2020 Democratic frontrunner said that the convention is “necessary,” but may not be feasible as it would require bringing thousands of people together […]
New York, Italy Report Promising Drops In Daily Cases, Deaths As America’s ‘Hell Week’ Begins: Live Updates
ZeroHedge - Apr 5th 2020 1:15pm EDT New York, Italy Report Promising Drops In Daily Cases, Deaths As America’s ‘Hell Week’ Begins: Live Updates Summary: NY reports first drop in daily deaths since outbreak began FT shows how US has become COVID-19s “epicenter” NY hospitalizations drop Italy follows New York with another promising drop in deaths India bans export of Trump’s ‘miracle’ […]
The Pandemic Exposed The Frailty Of The Financial System
ZeroHedge - Apr 5th 2020 1:00pm EDT The Pandemic Exposed The Frailty Of The Financial System Authored by Fábio Santos via The Mises Institute, Despite the more optimistic claims of political pundits and Federal Reserve officials (Jerome Powell, specifically), things are far from being under control. Notwithstanding archetypal Austrian objections to “loose” monetary and fiscal policies on the grounds that they create production structures that […]
