News From ZeroHedge, Page 3184

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  • “Coincidence?” – Japanese Questioning Sudden Surge In Tokyo Infections Following Olympics Delay Decision

    ZeroHedge - Mar 30th 2020 11:45pm EDT

    “Coincidence?” – Japanese Questioning Sudden Surge In Tokyo Infections Following Olympics Delay Decision As we’ve previously noted, every four decades, something jinxes the Olympics. Japanese officials spent the last several months downplaying the virus outbreak, but as soon as the Games were delayed on March 23, virus cases in Tokyo spiked, with possible lockdowns looming, reported AP […]

  • Mike Krieger: “Question Everything!”

    ZeroHedge - Mar 30th 2020 11:25pm EDT

    Mike Krieger: “Question Everything!” Authored by Michael Krieger via Liberty Blitzkrieg blog, Crises, like pandemics, don’t break things in and of themselves; they show you what’s already broken. – Patrick Wyman Big macro crises in any form are scary, massively disruptive, and in some cases, literally deadly. This is why governments and entrenched institutions always […]

  • How To Turn $454 Billion Into $4.5 Trillion: Visualizing The Fed’s “Multi-trillion Dollar Helicopter Credit Drop”

    ZeroHedge - Mar 30th 2020 10:57pm EDT

    How To Turn $454 Billion Into $4.5 Trillion: Visualizing The Fed’s “Multi-trillion Dollar Helicopter Credit Drop” Last Friday, to bipartisan cheers – and one sole, rational dissenter who was promptly silenced after asking “if $6 trillion is fine, why note $350 trillion” – Trump signed into law a $2.2 trillion corporate bailout fiscal spending package, […]

  • Anatomy Of The $2 Trillion COVID-19 Stimulus Bill

    ZeroHedge - Mar 30th 2020 10:45pm EDT

    Anatomy Of The $2 Trillion COVID-19 Stimulus Bill Submitted by Visual Capitalist, The unprecedented response to the COVID-19 pandemic has prioritized keeping people apart to slow the spread of the virus. While measures such as business closures and travel restrictions are effective at fighting a pandemic, they also have a dramatic impact on the economy. […]

  • Execs Scramble To Buy Spyware To Keep Tabs On ‘Locked-Down’ Employees

    ZeroHedge - Mar 30th 2020 10:25pm EDT

    Execs Scramble To Buy Spyware To Keep Tabs On ‘Locked-Down’ Employees Tens of millions of Americans have transitioned from their corporate desks to living room sofas in the last month as “shelter in place” government health orders have forced many to work at home amid the COVID-19 outbreak. Corporate executives, who once had unlimited control over […]

  • Unpacking China’s Viral Propaganda War

    ZeroHedge - Mar 30th 2020 10:05pm EDT

    Unpacking China’s Viral Propaganda War Authored by Richard Bernstein via RealClearInvestigations (emphasis ours) China is waging a propaganda war against the coronavirus on several fronts. In addition to its well-documented efforts to deflect attention from its early suppression of information about the disease and to claim that it has among all nations now halted the […]

  • The Math Behind Social Distancing

    ZeroHedge - Mar 30th 2020 9:45pm EDT

    The Math Behind Social Distancing As we wait for scientists and healthcare professionals to develop a vaccine for COVID-19, there is another, more readily available tool at our disposal. Social distancing, defined as measures taken to reduce physical contact, is the first line of defense for containing an infectious disease like COVID-19. That’s because these […]

  • Hydroxychloroquine Demand Triples Overnight Following FDA Approval

    ZeroHedge - Mar 30th 2020 9:25pm EDT

    Hydroxychloroquine Demand Triples Overnight Following FDA Approval The Food and Drug Administration gave emergency-use authorization to hydroxychloroquine as a treatment for the coronavirus pandemic on Sunday. But demand for the drug backed by President Donald Trump that is typically used to treat malaria soared prior to the move, according to data from Symphony Health. Weekly prescriptions soared from 100k […]

  • China Is Fixed: Chinese PMIs Soar Back Into Expansion, Smashing Expectations

    ZeroHedge - Mar 30th 2020 9:23pm EDT

    China Is Fixed: Chinese PMIs Soar Back Into Expansion, Smashing Expectations Remember the record plunge in China’s manufacturing and non-manufacturing PMI for February when the entire economy imploded as a result of coronavirus pandemic? Well, forget all about it, because in the latest farce out of Beijing, moments ago the goalseekers at the National Bureau […]

  • Pentagon Confirms Over 1,000 COVID-19 Cases Among Military, Orders Bases To Stop Public Reporting

    ZeroHedge - Mar 30th 2020 9:05pm EDT

    Pentagon Confirms Over 1,000 COVID-19 Cases Among Military, Orders Bases To Stop Public Reporting The Department of Defense (DoD) announced a grim milestone Monday — it’s total number of COVID-19 cases among US service members, civilian contractors, on-base civilian staff, and family dependents of troops has surpassed 1,000. “Total DoD Cases (current, recovered and deaths) is 1,087,” according to DoD […]

  • The US 2020 Fiscal Deficit Will Explode To 18%, Unseen Since World War II

    ZeroHedge - Mar 30th 2020 8:45pm EDT

    The US 2020 Fiscal Deficit Will Explode To 18%, Unseen Since World War II Authored by Chetan Ahya, Morgan Stanley chief economist A Full-Court Policy Press I hope that you and your families are well. The past few weeks have been challenging both personally and professionally. Covid-19 is at once a human tragedy and unparalleled […]

  • IV Vitamin C “Widely Used” To Treat COVID-19 In NY Hospitals

    ZeroHedge - Mar 30th 2020 8:05pm EDT

    IV Vitamin C “Widely Used” To Treat COVID-19 In NY Hospitals Authored by Cassius K via The Organic Prepper blog, For years regulatory agencies like the FDA have subtly targeted the use of such things as intravenous vitamins. One method they use to target the fabric of culture in which people utilize simple, naturopathic remedies is the […]

  • “This Will Be A Tsunami” – America Has A New Problem: How To Give Away $2 Trillion In 2 Weeks

    ZeroHedge - Mar 30th 2020 7:45pm EDT

    “This Will Be A Tsunami” – America Has A New Problem: How To Give Away $2 Trillion In 2 Weeks Markets have rejoiced over the prospect of an unprecedented stimulus bill, which was passed by unanimous vote in the Senate earlier this week, and is awaiting passage in the House on Friday. But as BMO […]

  • Arrest Warrant Issued For Florida Pastor Who Defied Order To Suspend Church Service

    ZeroHedge - Mar 30th 2020 7:25pm EDT

    Arrest Warrant Issued For Florida Pastor Who Defied Order To Suspend Church Service As governors around the country begin enforcing their lockdown orders or other closure requests and restrictions, a small but vocal alliance of individuals who are opposing the lockdowns is growing. And in what’s likely going to be remembered as a watershed moment […]

  • The Flood Begins: Treasury To Sell Over A Quarter Trillion Bills In 48 Hours

    ZeroHedge - Mar 30th 2020 7:05pm EDT

    The Flood Begins: Treasury To Sell Over A Quarter Trillion Bills In 48 Hours Having noticed the Treasury shortage forming in the bond market, which as we observed emerged both across the broader curve as manifested by the surging demand for the Fed’s reverse repo… … as well as the unprecedented demand for “cash-like” T-Bills […]

  • One Oilman’s Plea To President Trump

    ZeroHedge - Mar 30th 2020 6:45pm EDT

    One Oilman’s Plea To President Trump Authored by Dan Doyle, president of Reliance Well Services, a hydraulic fracturing company based in Pennsylvania, via OilPrice.com, Dear President Trump, I voted for you and I’m voting for you again. I like what you’re doing with our country. I like too that you like me. I say that […]

  • Retailers Prepare For Civil Unrest; Boarded-Up Stores Seen From SoHo To Beverly Hills

    ZeroHedge - Mar 30th 2020 6:25pm EDT

    Retailers Prepare For Civil Unrest; Boarded-Up Stores Seen From SoHo To Beverly Hills High-end stores across the country have been boarding up their stores in anticipation of civil unrest due to the Chinese coronavirus pandemic. In Beverly Hills, the Pottery Barn and West Elm stores near Rodeo Drive were spotted with boards across the windows […]

  • P Is For Pandemic (And O Is For Orwellian)

    ZeroHedge - Mar 30th 2020 6:05pm EDT

    P Is For Pandemic (And O Is For Orwellian) Authored by Jim Quinn via The Burning Platform blog, “People should not be afraid of their governments. Governments should be afraid of their people.” – Alan Moore – V for Vendetta “Authority, when first detecting chaos at its heels, will entertain the vilest schemes to save its […]

  • “We Must All Die One Day”: Twitter Deletes Bolsonaro Tweets On Coronavirus

    ZeroHedge - Mar 30th 2020 5:45pm EDT

    “We Must All Die One Day”: Twitter Deletes Bolsonaro Tweets On Coronavirus Twitter has deleted two tweets from Brazilian president Jair Bolsonaro on Sunday in which he challenged the need for social distancing and urged citizens to keep the country going. In one tweet, Bolsonaro posted a video in which he mixed with supporters on […]

  • Some States Are Now Intercepting Travelers From Other States And Forcing Them Into Quarantine

    ZeroHedge - Mar 30th 2020 5:25pm EDT

    Some States Are Now Intercepting Travelers From Other States And Forcing Them Into Quarantine Authored by Michael Snyder via The End of The American Dream blog, All of a sudden, people all over the country are very afraid of travelers from New York, Louisiana and other COVID-19 “hotspots” across the nation.  In fact, as you […]

  • “Stop The Revolver Run”: Cash-Strapped Banks Quietly “Discourage” Companies From Drawing Down Their Loans

    ZeroHedge - Mar 30th 2020 5:05pm EDT

    “Stop The Revolver Run”: Cash-Strapped Banks Quietly “Discourage” Companies From Drawing Down Their Loans One week after the Fed expanded its “bazooka” by launching a “nuclear bomb” in the words of Paul Tudor Jones , at fixed income capital markets which it has now effectively nationalized by monetizing or backstopping pretty much everything, some signs […]

  • Will COVID-19 End The Fed?

    ZeroHedge - Mar 30th 2020 4:45pm EDT

    Will COVID-19 End The Fed? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term […]

  • DOJ Investigates Lawmakers Over Claims Of Insider Trading

    ZeroHedge - Mar 30th 2020 4:25pm EDT

    DOJ Investigates Lawmakers Over Claims Of Insider Trading The DOJ is investiating whether lawmakers used information obtained during confidential coronavirus briefings to liquidate stocks ahead of the largest market sell-off in decades, according to the Wall Street Journal. Included in the probe is Sen. Richard Burr (R-NC), who sits on two committees that received in-depth […]

  • Stocks Bid Into Month-End Despite Americans’ Unprecedented Scramble For Cash

    ZeroHedge - Mar 30th 2020 4:01pm EDT

    Stocks Bid Into Month-End Despite Americans’ Unprecedented Scramble For Cash Amid an ever-escalating guess at the size of pension fund re-allocations funds (latest we saw was $150 billion) into month-end, both bonds and stocks were bid early on today, but as the day wore on, bonds weakened as stocks gained (driven by record IG issuance-driven […]

  • Texas Or Canada: Where Will Oil Hit $0 First

    ZeroHedge - Mar 30th 2020 3:50pm EDT

    Texas Or Canada: Where Will Oil Hit $0 First Looking at the future of oil prices, Goldman was downright apocalyptic in its short-term forecast, when in a note published this morning, the bank’s chief commodity strategist Jeffrey Currie speculated that as the current production glut “shock” cripples the crude transportation networks, “a producer would be […]