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  • Pompeo Issues ‘5 Facts’ Claiming Iran Exported COVID-19 To “At Least 5 Countries”

    ZeroHedge - Mar 24th 2020 11:25pm EDT

    Pompeo Issues ‘5 Facts’ Claiming Iran Exported COVID-19 To “At Least 5 Countries” As even Britain is urging its close US ally to moderate its stance on Iran sanctions as the Mideast country’s death toll surges from the coronvirus pandemic, the Washington-Tehran tit-for-tat exchanges and blame game over Covid-19 continues unabated.  Yesterday Pompeo issued a new list of […]

  • Cop Out: Will Coronavirus Hysteria Open Door To Full-Blown Martial Law In America?

    ZeroHedge - Mar 24th 2020 11:05pm EDT

    Cop Out: Will Coronavirus Hysteria Open Door To Full-Blown Martial Law In America? Authored by Robert Bridge via The Strategic Culture Foundation, Amid rumors of a national lock-down, and the National Guard already activated in states across the country, rumors are rife that the land of the free will soon be cordoned off behind an […]

  • $850 Billion In Stock Buying Is About To Be Unleashed

    ZeroHedge - Mar 24th 2020 10:42pm EDT

    $850 Billion In Stock Buying Is About To Be Unleashed Over the weekend we showed something striking: as market crashed, quant and various other systematic funds were unwinding their positions at the fastest rate in history. Starting with CTAs… … which are now very short stocks and long the dollar… … continuing with risk-parity… … […]

  • LA Mayor To Cut Off Water & Power Of “Irresponsible, Selfish” Stores That Remain Open

    ZeroHedge - Mar 24th 2020 10:25pm EDT

    LA Mayor To Cut Off Water & Power Of “Irresponsible, Selfish” Stores That Remain Open Earlier, Los Angeles County Sheriff Alex Villanueva ordered all gun stores closed  (fearing that too many first-time gun-owners were getting access to weapons), and now LA Mayor Eric Garcetti lashed out at non-essential stores that refuse to close, making an […]

  • “Mountain Don’t”: Kentucky Couple Rage At Supermarket Disallowing Purchase Of 552 Cans Of Soda

    ZeroHedge - Mar 24th 2020 10:05pm EDT

    “Mountain Don’t”: Kentucky Couple Rage At Supermarket Disallowing Purchase Of 552 Cans Of Soda Two morbidly obese Americans from Kentucky were panic hoarding 23 cases of Mountain Drew, totaling 552 cans, at a Louisville Kroger last week, all caught on camera, along with an altercation with store employees about product limitations, reported Pop Culture. A […]

  • Will Trump Be Forced To Delay November Election?

    ZeroHedge - Mar 24th 2020 9:45pm EDT

    Will Trump Be Forced To Delay November Election? As states postpone voting in party primaries to comply with new social distancing guidelines enforced by the federal government to flatten the curve to slow down the spread of Covid-19, questions are starting to arise that maybe, President Trump will use the pandemic crisis to delay the 2020 […]

  • Stunning Satellite Images Show What It Looks Like When The World Stops

    ZeroHedge - Mar 24th 2020 9:25pm EDT

    Stunning Satellite Images Show What It Looks Like When The World Stops The virus shock that has struck the global economy has been far faster and more severe than the 2008 financial crisis, Dot Com bust, and even the Great Depression. In one fell swoop (several months), the global economy has ground to a halt; stock […]

  • “Someone Is Gonna Get Shot” – LA County Sheriff Orders All Gun Stores Closed

    ZeroHedge - Mar 24th 2020 9:05pm EDT

    “Someone Is Gonna Get Shot” – LA County Sheriff Orders All Gun Stores Closed Amid the coronavirus outbreak, gun sales across the country have been skyrocketing, with firearm shops everywhere from San Diego, where one shop owner said he was seeing sales “ten times higher” than normal, to New Jersey, where sales across the state have more than […]

  • Putin’s Pin & America’s “Everything Bubble”

    ZeroHedge - Mar 24th 2020 8:45pm EDT

    Putin’s Pin & America’s “Everything Bubble” Authored by ‘V F’ via TheChicagoEconomist.com, The Setting. Last September the Fed was forced to acknowledge a new systemic problem surfacing in the overnight lending markets. These are the same markets that collapsed the system in 2008 but a slightly different issue. This time the system literally ran out […]

  • Surging Grocery Comps Could Rocket Into Double Digits As Worried Quarantiners Lock Themselves Down

    ZeroHedge - Mar 24th 2020 8:25pm EDT

    Surging Grocery Comps Could Rocket Into Double Digits As Worried Quarantiners Lock Themselves Down With the entire world getting ready to hunker down and quarantine themselves due to the coronavirus outbreak, grocery sales have been surging so far this month. Food retailers saw explosive new sales growth of 8% during the first week of March, according […]

  • SoftBank Held Secret LBO Talks With Elliott As Masa Plots “Going Private” Rescue

    ZeroHedge - Mar 24th 2020 8:05pm EDT

    SoftBank Held Secret LBO Talks With Elliott As Masa Plots “Going Private” Rescue Yesterday, we joked that SoftBank’s decision to pursue a massive share buyback and deleveraging, ostensibly made to please activist investors like Paul Singer’s Elliott Capital Management, might have an important ancillary benefit: it could place Masa Son one step closer to taking […]

  • Here’s What A Lockdown Of India’s 1.3BN People Looks Like, Or One-Fifth The World’s Population

    ZeroHedge - Mar 24th 2020 7:45pm EDT

    Here’s What A Lockdown Of India’s 1.3BN People Looks Like, Or One-Fifth The World’s Population Or rather we should ask whether this is even possible, given that as of the first night following Prime Minister Narendra Modi announcing in a televised address the immediate lockdown which orders some one-fifth of the world’s population to ‘stay indoors’ […]

  • Saudi Arabia & The US Could Form The World’s Newest Oil Cartel

    ZeroHedge - Mar 24th 2020 7:25pm EDT

    Saudi Arabia & The US Could Form The World’s Newest Oil Cartel Authored by Irina Slav via OilPrice.com, The United States and Saudi Arabia have been discussing the idea of setting up an oil accord, Bloomberg reports, citing Energy Secretary Dan Brouillette. Such an agreement would effectively amount to a cartel, which, by definition, is […]

  • Boober Eats: Portland Exotic Dancers Pivot To Food Delivery As Strip Clubs Forced To Close

    ZeroHedge - Mar 24th 2020 7:05pm EDT

    Boober Eats: Portland Exotic Dancers Pivot To Food Delivery As Strip Clubs Forced To Close Who says we can’t adapt and pull together in times of crisis, right? Certainly that’s the feeling in Portland, where strippers are now delivering food after the Lucky Devil Lounge was forced to close down. However, the same order that […]

  • Like Freedom? Then You Won’t Like The FREEDOM Act

    ZeroHedge - Mar 24th 2020 6:45pm EDT

    Like Freedom? Then You Won’t Like The FREEDOM Act Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Last Monday, a bipartisan group of Senators and a coalition including libertarian and progressive activists thwarted a scheme to ram through the Senate legislation renewing three provisions of the USA FREEDOM Act (previously […]

  • California’s Public Employees Retirement System Just Lost A Stunning $69 Billion In One Month

    ZeroHedge - Mar 24th 2020 6:25pm EDT

    California’s Public Employees Retirement System Just Lost A Stunning $69 Billion In One Month In what is likely to become a trend around the country, California’s Public Employees Retirement System just watched $69 billion go up in smoke as the coronavirus panic has gripped global markets.  CALPERS total fund balance is now about $335 billion, […]

  • Fed Hires World’s Largest Asset Manager To Manage Its Massive Asset Purchases

    ZeroHedge - Mar 24th 2020 6:13pm EDT

    Fed Hires World’s Largest Asset Manager To Manage Its Massive Asset Purchases In the latest echo from the Lehman crisis response, on Tuesday the Fed announced that, just as it did in the aftermath of the global financial crisis, it has hired the world’s largest asset manager BlackRock to manage several of the Fed’s brand […]

  • DOJ Asks Congress For “Indefinite Detention Powers” To Fight The Coronavirus

    ZeroHedge - Mar 24th 2020 6:05pm EDT

    DOJ Asks Congress For “Indefinite Detention Powers” To Fight The Coronavirus Authored by Mac Slavo via SHTFplan.com, The Justice Department is using the outbreak of the coronavirus to expand their power. They have reportedly asked Congress for the power to detain Americans indefinitely without a trial in order to fight the outbreak which has so […]

  • Meet The ‘Covidiot’: “A Dense Creature That Ignores Simple Instructions, Endangers Others”

    ZeroHedge - Mar 24th 2020 5:45pm EDT

    Meet The ‘Covidiot’: “A Dense Creature That Ignores Simple Instructions, Endangers Others” “Are you seriously going to visit grandma? Dude, don’t be such a covidiot.” ​​​​​​​ That covidiot is hugging everyone she sees,” – Urban Dictionary.  On Saturday, a new term caught the internet by storm, that is, ‘Covidiot’ – and first defined on Urban Dictionary, […]

  • Peter Schiff: COVID-19 Is Exposing The Truth About The Economy

    ZeroHedge - Mar 24th 2020 5:25pm EDT

    Peter Schiff: COVID-19 Is Exposing The Truth About The Economy Via SchiffGold.com, It wasn’t long ago that all of the pundits were telling us that the economy was strong. As a result, a lot of people seem to think that once the coronavirus situation is resolved, the economy will quickly go back to normal. In […]

  • Situation On Riker’s Island “Unimaginably Bad” As COVID-19 Tears Through Prison

    ZeroHedge - Mar 24th 2020 5:05pm EDT

    Situation On Riker’s Island “Unimaginably Bad” As COVID-19 Tears Through Prison This weekend we reported that Harvey Weinstein had tested positive for coronavirus just days after being transported out of Riker’s Island prison in New York, where 38 people had been infected with COVID-19 and another 58 inmates were under observation. On Monday, Brooklyn public […]

  • ‘Helicopter Money’: This Is The True Geopolitical Game-Changer

    ZeroHedge - Mar 24th 2020 4:45pm EDT

    ‘Helicopter Money’: This Is The True Geopolitical Game-Changer Authored by Alastair Crooke via The Strategic Culture Foundation, As the US and the UK, to stem Covid-19 infections, adopt a close-to-wartime approach, with intrusive levels of intervention into social life, these governments – as the corollary to lockdown – are proposing massive bail-outs. At first brush, […]

  • WTI Extends “Hope For More Stimulus” Gains On Surprise Crude Draw

    ZeroHedge - Mar 24th 2020 4:36pm EDT

    WTI Extends “Hope For More Stimulus” Gains On Surprise Crude Draw Oil prices rallied along with the rest of the markets today on hope The Fed’s buying will work and optimism that US Congress will agree a bigly Stimulus Bill. Notwithstanding today’s gains, there are still concerns about the outlook for near term energy demand. […]

  • “The Chances Of A Greater Depression Are Increasing By The Day” Warns Dr.Doom

    ZeroHedge - Mar 24th 2020 4:25pm EDT

    “The Chances Of A Greater Depression Are Increasing By The Day” Warns Dr.Doom Authored by Nouriel Roubini via Project Syndicate, The shock to the global economy from COVID-19 has been both faster and more severe than the 2008 global financial crisis (GFC) and even the Great Depression. In those two previous episodes, stock markets collapsed […]

  • Dow Squeezes To Best Day Since 1933, Gold Soars As Dollar Dips

    ZeroHedge - Mar 24th 2020 4:01pm EDT

    Dow Squeezes To Best Day Since 1933, Gold Soars As Dollar Dips The day ended with still no Stimulus Bill (the 1100-page plus pork-fest is ‘close’ reportedly), with Italy’s virus-death-count resurgent (dashing optimism that they peaked), no clear indication of when the economy will reopen (despite Trump and Kudlow pushing the narrative), and a total […]