News From ZeroHedge, Page 3187

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  • COVID-19 Is Saving Lives

    ZeroHedge - Mar 29th 2020 7:55pm EDT

    COVID-19 Is Saving Lives Authored by Prasanthi Ramakrishnan, Siddhartha Sanghi, David Schwartzman and Hayley Wabiszewski The United States death toll from the novel coronavirus has steadily increased in the last few days, with over 2, 200 COVID- 19 deaths, and more than half of the deaths in the last three days alone. The death toll […]

  • WHO Issues Statement On Taiwan After Rude Official Shills For China

    ZeroHedge - Mar 29th 2020 7:35pm EDT

    WHO Issues Statement On Taiwan After Rude Official Shills For China Since the very beginning of the Chinese coronavirus epidemic, the World Health Organization has been shilling for Beijing. From WHO director Tedros Adhanom Ghebreyesus showering the CCP with praise for their early handling of the disease (by hunting down doctors who told the truth, […]

  • Goldman’s Buyback Desk: Companies Representing $190BN In Buybacks, 25% Of Total, Have Already Suspended Repurchases

    ZeroHedge - Mar 29th 2020 7:15pm EDT

    Goldman’s Buyback Desk: Companies Representing $190BN In Buybacks, 25% Of Total, Have Already Suspended Repurchases As discussed last weekend, 2018 and 2019 were record years for buybacks, for one main reason: Trump’s tax reform allowed companies to repatriate over a trillion dollars parked offshore at nominal tax rates, which were then used to repurchase stocks, […]

  • The Fate Of The Fantastic Four (Of Financial Engineering)

    ZeroHedge - Mar 29th 2020 6:55pm EDT

    The Fate Of The Fantastic Four (Of Financial Engineering) Authored by Jesse Fedler via TheFelderReport.com, It was just over two years ago I wrote about The Fantastic Four That Make FANG Look Tame. McDonald’s, Caterpillar, Boeing and 3M, known in these pages as MCBM, had seen their stock prices, as a group, soar over 120% during […]

  • New York Internet Speeds Have Plunged As Locked-Down Americans Clog Networks 

    ZeroHedge - Mar 29th 2020 6:30pm EDT

    New York Internet Speeds Have Plunged As Locked-Down Americans Clog Networks  Download speeds for some US internet users have been bogged down in recent weeks as millions of Americans work from home due to ‘shelter-in-place’ public health orders enforced by federal and state governments.  Some folks have resorted to “Netflix and quarantine” and free Pornhub Premium, […]

  • ‘Dark Money’ Groups & Super PACs Target Trump With Multi-Million Dollar Coronavirus Ad Campaign

    ZeroHedge - Mar 29th 2020 6:05pm EDT

    ‘Dark Money’ Groups & Super PACs Target Trump With Multi-Million Dollar Coronavirus Ad Campaign Authored by Anna Massoglia & Tatyana Monnay via OpenSecrets.org, Fueled by “dark money,” cash-flush liberal groups with ties to the Democratic Party are mobilizing to unleash millions of dollars worth of ads attacking President Donald Trump’s response to coronavirus ahead of the 2020 […]

  • “Beware A Disorderly Dollar Surge”: Goldman Says The Dollar Rally “Is Not Over”

    ZeroHedge - Mar 29th 2020 6:01pm EDT

    “Beware A Disorderly Dollar Surge”: Goldman Says The Dollar Rally “Is Not Over” Two weeks ago we said that the unprecedented (and continuing) surge in the dollar is the result of a historic, 12 trillion dollar margin call, as issuers of dollar-denominated debt obligations around the globe, seeing their cash flows collapse scrambled to repatriate […]

  • Rats Swarm New Orleans’ French Quarter After Citywide Coronavirus Lockdown

    ZeroHedge - Mar 29th 2020 5:40pm EDT

    Rats Swarm New Orleans’ French Quarter After Citywide Coronavirus Lockdown CBS News has published disturbing images of rats invading the once bustling streets of the French Quarter in New Orleans after the city belatedly went on lock down, as the state of Lousiana over the weekend saw confirmed coronavirus case numbers explode past 3500, including […]

  • The Monetary Abyss Stares Back And Asks Who’s Next?

    ZeroHedge - Mar 29th 2020 5:15pm EDT

    The Monetary Abyss Stares Back And Asks Who’s Next? Authored by Tom Luongo via The Strategic Culture Foundation, We are at a critical moment in the history of politics and markets. Everyday the U.S. government stares into the fiscal and monetary abyss and chucks trillions in hoping that will be enough to finally fill it. […]

  • Watch Live: White House Task Force Holds Sunday Press Briefing As Confirmed Cases Boom

    ZeroHedge - Mar 29th 2020 4:55pm EDT

    Watch Live: White House Task Force Holds Sunday Press Briefing As Confirmed Cases Boom With the number of new cases and deaths ballooning at a surprisingly rapid pace across the US (but especially in New York, the nation’s biggest hot spot), President Trump and the White House task force (led by VP Mike Pence DHHS […]

  • Saudis Claim US Patriot Missiles Activated In Major Yemeni Houthi Attack On Riyadh

    ZeroHedge - Mar 29th 2020 4:35pm EDT

    Saudis Claim US Patriot Missiles Activated In Major Yemeni Houthi Attack On Riyadh Houthi rebels in Yemen over the weekend launched what’s being described as among the largest assaults on Saudi Arabia since the start of the war five years ago. Starting on Saturday the Saudi military said it intercepted at least two ballistic missiles over the […]

  • Wondering Why There’s Such A Shortage Of Masks? Ask The FDA!

    ZeroHedge - Mar 29th 2020 4:15pm EDT

    Wondering Why There’s Such A Shortage Of Masks? Ask The FDA! Have you like many others, been pondering why it’s been so hard to ramp up production of surgical masks and respirators and are curious as to why private companies haven’t flooded into the market to meet peak demand? Well, Paul Matzko, author of “The […]

  • Armed Gunman Who Robbed Two Stores, Carjacked A Vehicle Stopped By Concealed Carry Holder

    ZeroHedge - Mar 29th 2020 4:00pm EDT

    Armed Gunman Who Robbed Two Stores, Carjacked A Vehicle Stopped By Concealed Carry Holder It was a wild 15 minutes in Chicago last Thursday. 15 minutes was all it took for an armed robber to hold up two businesses and carjack a vehicle, before finally being confronted by a “good guy with a gun”: a concealed carry […]

  • How Long Will America’s COVID-19 Lockdown Last? Here’s What The Patterns Suggest

    ZeroHedge - Mar 29th 2020 3:35pm EDT

    How Long Will America’s COVID-19 Lockdown Last? Here’s What The Patterns Suggest Authored by Daisy Luther via The Organic Prepper blog, From the moment lockdowns and serious social distancing efforts began in the United States, the question on everyone’s mind was, “How long will these lockdowns last?” And it’s not simple impatience. The cost of Covid-19 continues to […]

  • Elon Musk Says “Many Doctors Are Not Treating Patients” Due To Fear Of COVID-19

    ZeroHedge - Mar 29th 2020 3:10pm EDT

    Elon Musk Says “Many Doctors Are Not Treating Patients” Due To Fear Of COVID-19 Elon Musk continues to find new ways to humiliate himself as the coronavirus that he once labeled as “dumb” makes its way around the globe. This weekend’s embarassment du jour was Musk coming out and publicly making the assertion on Twitter that many doctors […]

  • A Roadmap To Reopening: Scott Gottlieb Lays Out Next Steps In National COVID-19 Response

    ZeroHedge - Mar 29th 2020 2:45pm EDT

    A Roadmap To Reopening: Scott Gottlieb Lays Out Next Steps In National COVID-19 Response Authored by Dr.Scott Gottlieb via The American Enterprise Institute, Key Points This report provides a road map for navigating through the current COVID-19 pandemic in the United States. It outlines specific directions for adapting our public-health approach away from sweeping mitigation […]

  • The Hedge Fund Bailout Worked: Citadel, Millennium And Point72 Recover Most Of Their March Losses

    ZeroHedge - Mar 29th 2020 2:20pm EDT

    The Hedge Fund Bailout Worked: Citadel, Millennium And Point72 Recover Most Of Their March Losses Last week, Bloomberg finally confirmed what we first reported last December: namely that the return of the Fed’s repo operations, allegedly to “fix” the clogged up repo market, was just a stealthy attempt to prevent a firesale liquidation among massively […]

  • Gold Is Now “Unobtanium”

    ZeroHedge - Mar 29th 2020 1:55pm EDT

    Gold Is Now “Unobtanium” By now it becoming clear to many that demand for precious metals, as the world ‘turns’, is far outpacing supply as major gold suppliers and sellers exclaim “there is no gold.” One glance at APMEX pages and two things are immediately clear: 1) There is no gold or silver…. 2) And […]

  • After Receiving $25 Million Coronavirus Bailout, JFK Center Stops Paying Musicians

    ZeroHedge - Mar 29th 2020 1:30pm EDT

    After Receiving $25 Million Coronavirus Bailout, JFK Center Stops Paying Musicians After receiving a controversial $25 million bailout (which would pay for a lot of respirators), the John F. Kennedy Center for the Performing Arts notified nearly 100 musicians with the National Symphony Orchestra that they won’t receive paychecks after April 3rd, according to the […]

  • “This Crisis Is Every MMT’ers Wet Dream”

    ZeroHedge - Mar 29th 2020 1:05pm EDT

    “This Crisis Is Every MMT’ers Wet Dream” Authored by Sven Henrich via NorthmanTrader.com, Answers The year is 2020. A new virus is spreading across the planet like a wildfire. More lethal than the flu, highly contagious with no cure. Stocks markets collapse, global economies are shutting down with billions of people quarantined to their homes […]

  • Stunning Drone Footage Shows Newark Avenue In Jersey City Completely Empty

    ZeroHedge - Mar 29th 2020 12:40pm EDT

    Stunning Drone Footage Shows Newark Avenue In Jersey City Completely Empty COVID-19 cases and deaths are soaring in New York and New Jersey, prompting President Trump on Saturday to consider a short-term quarantine for the tri-state area — New York, New Jersey, and Connecticut.  Around March 10, New Jersey residents started to reduce their mobility around […]

  • The New (Forced) Frugality

    ZeroHedge - Mar 29th 2020 12:15pm EDT

    The New (Forced) Frugality Authored by Charles Hugh Smith via OfTwoMinds blog, There are only two ways to survive a decline in income and net worth: slash expenses or default on debt. In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-poverty programs steadily reduced the number of people in […]

  • Dr. Fauci: “We’re Going To Have Millions Of Cases” And “Between 100K & 200K Deaths”

    ZeroHedge - Mar 29th 2020 11:54am EDT

    Dr. Fauci: “We’re Going To Have Millions Of Cases” And “Between 100K & 200K Deaths” The last time Dr. Anthony Fauci did the Sunday Shows a few weeks back, he achieved a vaunted Washington milestone by doing all five network and cable Sunday shows – NBC, ABC, CBS, Fox News & CNN – in one […]

  • Destroying The Economy Is Not A Social Policy

    ZeroHedge - Mar 29th 2020 11:25am EDT

    Destroying The Economy Is Not A Social Policy Authored by Daniel Lacalle, The economy is the heart of the social body. If we shut down the heart of an organism to safeguard the hands and brain, the body dies. The data on deaths and infected from the Covid-19 coronavirus epidemic is alarming. Let us remember […]

  • The Unthinkable Is Happening: Oil Storage Space Is About To Run Out

    ZeroHedge - Mar 29th 2020 11:05am EDT

    The Unthinkable Is Happening: Oil Storage Space Is About To Run Out In the past three weeks, oil plunged and has continued to plunge even more in the aftermath of the oil price war declared between Saudi Arabia and Russia, and where US shale (and its junk bonds) has been caught in the crossfire. However, […]