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  • Trump Calls For $2T Infrastructure Package In Phase 4 Stimulus

    ZeroHedge - Mar 31st 2020 11:06am EDT

    Trump Calls For $2T Infrastructure Package In Phase 4 Stimulus President Trump has called for $2 trillion in infrastructure spending in the upcoming ‘phase 4’ coronavirus stimulus. “With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & […]

  • Rabobank: “This Is The Dynamic That Will Trigger The Next Round Of Global Turmoil Ahead”

    ZeroHedge - Mar 31st 2020 11:00am EDT

    Rabobank: “This Is The Dynamic That Will Trigger The Next Round Of Global Turmoil Ahead” Submitted by Michael Every of Rabobank Another day, another dollar. Of course, that’s not strictly true. For the average market economist trying to predict that dollar on waking up it is more usually 0.99, 0.98, 1.01, 1.0, 1.01 – and […]

  • $2.5 Billion Credit Fund Gates Investors To “Avoid Fireselling Assets”

    ZeroHedge - Mar 31st 2020 10:45am EDT

    $2.5 Billion Credit Fund Gates Investors To “Avoid Fireselling Assets” Until recently, funds that imposed redemption “gates” on their investors were those who had suffered a substantial mismatch between the illiquidity of their investments and the liquidity preference of their investors (which tends to be instantaneous), usually as a result of some exogenous event such […]

  • There Are At Least 8 Strains Of Coronavirus; Here’s What We Know

    ZeroHedge - Mar 31st 2020 10:15am EDT

    There Are At Least 8 Strains Of Coronavirus; Here’s What We Know As COVID-19 blankets the globe – now having officially infected over 800,000 people in 179 countries, causing over 39,000 deaths – scientists tracking the disease say that there are now more than eight primary strains, according to USA Today. That said, it’s also […]

  • Consumer Confidence Tumbles To 33-Month Lows As ‘Hope’ Plunges

    ZeroHedge - Mar 31st 2020 10:09am EDT

    Consumer Confidence Tumbles To 33-Month Lows As ‘Hope’ Plunges The Conference Board’s consumer confidence survey slumped to the lowest level since June 2017 in March, as government efforts to mitigate the coronavirus pandemic shuttered many businesses and left millions of Americans unemployment. The Conference Board’s index fell 12.6 points, the most since 2011, to 120 (still considerably […]

  • The Economic Depression Of 2020: Many Of The Restaurants, Bars, & Retailers That Have Closed Will Never Re-Open

    ZeroHedge - Mar 31st 2020 10:00am EDT

    The Economic Depression Of 2020: Many Of The Restaurants, Bars, & Retailers That Have Closed Will Never Re-Open Authored by Michael Snyder via The Economic Collapse blog, It appears that we are heading into the worst economic downturn of the post-World War II era, and that is going to be true no matter how this […]

  • Chicago PMI Corrupted By Global Supply Chain Collapse, National Economic Activity Collapses

    ZeroHedge - Mar 31st 2020 9:51am EDT

    Chicago PMI Corrupted By Global Supply Chain Collapse, National Economic Activity Collapses Following yesterday’s record-smashing collapse in Dallas Fed’s manufacturing survey, expectations were for Chicago’s PMI to tumble after it’s surprising rebound in February (bucking the trend of all the other regional surveys). But, in true WTF insanity, Chicago PMI printed 47.8 (smashing expectations of […]

  • Hospital Exec Fired After Discussing Ways Of Ensuring Trump Supporters Get Coronavirus

    ZeroHedge - Mar 31st 2020 9:45am EDT

    Hospital Exec Fired After Discussing Ways Of Ensuring Trump Supporters Get Coronavirus Authored by Steve Watson via Summit News, A New York hospital executive has been fired after she posted public comments on social media fantasising about how supporters of President Trump would get the coronavirus and not be allowed to get treatment. The executive […]

  • Corona Cash Grab: Pelosi, US Agencies Compile Lists For Phase 4 Stimulus

    ZeroHedge - Mar 31st 2020 9:30am EDT

    Corona Cash Grab: Pelosi, US Agencies Compile Lists For Phase 4 Stimulus Fresh on the heels of the largest stimulus in history, House Democrats and government agencies are already compiling their lists with what they say they need from the next package. On Monday, House Speaker Nancy Pelosi unveiled Democratic demands for the phase-four coronavirus […]

  • “Too Early & Still Too High” – Goldman Sees A Bear Bounce, Not A Market Turn

    ZeroHedge - Mar 31st 2020 9:15am EDT

    “Too Early & Still Too High” – Goldman Sees A Bear Bounce, Not A Market Turn This bear market has been unusual to say the least, not because of the scale of the decline, but rather because of the speed and the volatility. The average bear market (at least based on US history) experiences a […]

  • US Major City Home Price Growth Was Fastest In A Year Before Lockdown

    ZeroHedge - Mar 31st 2020 9:06am EDT

    US Major City Home Price Growth Was Fastest In A Year Before Lockdown At best, Case-Shiller’s home price data is lagged seriously, but in the case of the current chaos that the US is going through, January’s home-price index data may as well be from Venus, compared to our current Mars. Nevertheless, the Top-20-City Composite […]

  • EU Leaders Aghast As Hungary’s Orban Given Sweeping ‘Emergency Powers’ To Fight Coronavirus 

    ZeroHedge - Mar 31st 2020 8:46am EDT

    EU Leaders Aghast As Hungary’s Orban Given Sweeping ‘Emergency Powers’ To Fight Coronavirus  A coronavirus political bombshell went off in the heart of Europe, grabbing world headlines early this week, after Hungary’s parliament voted to allow Prime Minister Viktor Orban sweeping emergency powers deemed necessary to fighting the pandemic. The bill approved by the nationalist government givens […]

  • Fed Launches Repo Facility To Provide Dollars To Foreign Central Bank

    ZeroHedge - Mar 31st 2020 8:46am EDT

    Fed Launches Repo Facility To Provide Dollars To Foreign Central Bank With US dealers no longer using the Fed’s repo facilities (this morning we had another “no bid” overnight repo with just $250MM in MBS submitted for a $500 billion op) as the Fed soaks up all securities via its aggressive QE which is still […]

  • “The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2

    ZeroHedge - Mar 31st 2020 8:29am EDT

    “The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2 Just over a week ago, when we reported on the ongoing feud between Goldman and JPM to come up with the most terrifying GDP forecast for the US, and when we asked if a Second Great Depression has begun after Goldman’s chief […]

  • Rally Fizzles, Futures Slide As Dollar Surge Returns

    ZeroHedge - Mar 31st 2020 8:10am EDT

    Rally Fizzles, Futures Slide As Dollar Surge Returns The torrid quarter-end rally which many attributed to a flood of forced pension fund buying as part of aggressive rebalancing, reversed overnight as US index futures reversed all overnight gains even as European stocks headed for a fifth increase in six sessions amid ongoing debate whether the […]

  • 5 Questions Bulls Need To Answer Now

    ZeroHedge - Mar 31st 2020 7:55am EDT

    5 Questions Bulls Need To Answer Now Authored by Lance Roberts via RealInvestmentAdvice.com, In last Tuesday’s Technically Speaking post, I stated: “From a purely technical basis, the extreme downside extension, and potential selling exhaustion, has set the markets up for a fairly strong reflexive bounce. This is where fun with math comes in. As shown in the chart […]

  • US Reports 500+ Casualties In ‘Deadliest Day Yet’, Confirms Largest Jump In New COVID-19 Cases: Live Updates

    ZeroHedge - Mar 31st 2020 7:08am EDT

    US Reports 500+ Casualties In ‘Deadliest Day Yet’, Confirms Largest Jump In New COVID-19 Cases: Live Updates Summary: US reports more than 500 deaths for first time US confirms largest one-day case jump Russia reports jump in cases, deaths Maryland, Virginia and DC all locked down Thailand warns it will prosecute all “April Fools Day” […]

  • Pentagon Says Boot Camps Must Continue For ‘National Security’ Despite ‘Putting Lives in Danger’

    ZeroHedge - Mar 31st 2020 6:45am EDT

    Pentagon Says Boot Camps Must Continue For ‘National Security’ Despite ‘Putting Lives in Danger’ Police are breaking up “coronavirus parties” in New Jersey, authorities are hunting down a Florida pastor for violating a ‘health order’ to not hold services, state troopers are enforcing quarantine orders along the Louisiana-Texas border, and yet it’s business as usual […]

  • Chinese Biological Experiments To Infect Humans With Coronavirus Exposed In 2015 By Italian State Media

    ZeroHedge - Mar 31st 2020 6:10am EDT

    Chinese Biological Experiments To Infect Humans With Coronavirus Exposed In 2015 By Italian State Media Authored by Guido Taietti via GreatGameIndia.com, Five years ago, Italian state owned media Company, Rai – Radiotelevisione Italiana, exposed dark efforts by China on viruses. The video, which was broadcast in November, 2015, showed how Chinese scientists were doing biological experiments […]

  • “This Could Turn Violent” – Italian Officials Fear South Turning Into A Powder Keg

    ZeroHedge - Mar 31st 2020 5:35am EDT

    “This Could Turn Violent” – Italian Officials Fear South Turning Into A Powder Keg Signs of social unrest in major Western cities could be developing over the next few weeks, and as we previously warned last Friday, a global depression with high unemployment could unleash a “social bomb” in European countries and or North America.  […]

  • UK Drug Dealer: People Are “Panic-Buying” Cocaine And Weed To Cope With COVID-19 Lockdown

    ZeroHedge - Mar 31st 2020 5:00am EDT

    UK Drug Dealer: People Are “Panic-Buying” Cocaine And Weed To Cope With COVID-19 Lockdown Authored by Paul Joseph Watson via Summit News, A top drug dealer in the UK has revealed that people are “panic buying” cocaine and marijuana to help them get through the coronavirus lockdown. The drug dealer, who has 20 dealers out […]

  • Sweden’s Approach To Coronavirus: Do Nothing

    ZeroHedge - Mar 31st 2020 4:15am EDT

    Sweden’s Approach To Coronavirus: Do Nothing Sweden has taken a slightly different approach to coronavirus than the rest of the world, allowing life to go on as ‘normal’ with a few exceptions. Unlike neighboring Denmark – which has restricted meetings to 10 people or less, Swedes are still going out to nightclubs, hanging out with […]

  • Eurobonds Or Bust? That’s The Next Phase Of The EU

    ZeroHedge - Mar 31st 2020 3:30am EDT

    Eurobonds Or Bust? That’s The Next Phase Of The EU Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, We’ve reached the next stage of the EU’s evolution, whether it will adopt a common bond market or not. It’s been clear for a long time that something had to change if the European Union […]

  • Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship

    ZeroHedge - Mar 31st 2020 2:45am EDT

    Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship Despite one of the the world’s largest shipping lines, Maersk, recently suspending all crew changes aboard its container vessels for up to one month in order to shield crew and operations from the coronavirus and keep them “as normal as possible,” this weekend witnessed the first ever […]

  • How “Progressive” Ideology Led To COVID-19 Catastrophe In Spain

    ZeroHedge - Mar 31st 2020 2:00am EDT

    How “Progressive” Ideology Led To COVID-19 Catastrophe In Spain Authored by Soeren Kern via The Gatestone Institute, The Spanish government, comprised of a coalition of Socialists and Communists, is facing legal action for alleged negligence in its handling of the coronavirus pandemic. The government is accused of putting its narrow ideological interests ahead of the […]