“Worse Than War”: Italian Army Convoy Removes Coffins From Overwhelmed Town
ZeroHedge - Mar 20th 2020 4:15am EDT “Worse Than War”: Italian Army Convoy Removes Coffins From Overwhelmed Town Reuters has confirmed widely circulating which shows a deeply disturbing apocalyptic and dystopian scene of a large convoy of military trucks removing bodies from a town in northern Italy which has been devastated by coronavirus. Local government and morgue facilities in the town of Bergamo, northeast of […]
Migrants Riot At German Refugee Camp, Display ISIS Flags Over COVID-19 Quarantine
ZeroHedge - Mar 20th 2020 3:30am EDT Migrants Riot At German Refugee Camp, Display ISIS Flags Over COVID-19 Quarantine Authored by Paul Joseph Watson vis Summit News, Migrants housed at a refugee camp in Germany began rioting, displayed the ISIS flag and subsequently tried to escape after they were put under a coronavirus quarantine. After a migrant tested positive for coronavirus at […]
British Doc: “Right Now, It Feels Like We’re Heading Into The Abyss”
ZeroHedge - Mar 20th 2020 2:45am EDT British Doc: “Right Now, It Feels Like We’re Heading Into The Abyss” The UK government is now considering a partial lockdown in London to slow down the spread of COVID-19. Over 10,000 troops have been told they could deploy at any given time if social order deteriorates. The hospital system is being pushed to its […]
How The European Union Turned The Coronavirus Into A Pandemic
ZeroHedge - Mar 20th 2020 2:00am EDT How The European Union Turned The Coronavirus Into A Pandemic Authored by Con Coughlin via The Gatestone Institute, The emergence of Europe as the new epicentre of the coronavirus pandemic has as much to do with the European Union’s inept handling of the crisis as it does with the resilience of the virus itself. When […]
50 New Infections Every Hour In Iran, One Death Per 10 Minutes: Health Ministry
ZeroHedge - Mar 20th 2020 1:00am EDT 50 New Infections Every Hour In Iran, One Death Per 10 Minutes: Health Ministry Despite that between Tuesday and Wednesday of this week Iran witnessed its biggest ever single-day spike in Covid-19 cases, authorities are still struggling to get everyone to observe quarantine and self-isolation measures, especially after throngs of hardline Shia demonstrators have gathered to protest the closure of […]
Escobar: China Locked In Hybrid War With US
ZeroHedge - Mar 19th 2020 11:45pm EDT Escobar: China Locked In Hybrid War With US Authored by Pepe Escobar via The Asia Times, Fallout from Covid-19 outbreak puts Beijing and Washington on a collision course… Among the myriad, earth-shattering geopolitical effects of coronavirus, one is already graphically evident. China has re-positioned itself. For the first time since the start of Deng Xiaoping’s […]
“He Must Resign From The Senate And Face Prosecution”: Tucker Carlson Blasts Burr For Liquidating Stock While Downplaying COVID
ZeroHedge - Mar 19th 2020 11:25pm EDT “He Must Resign From The Senate And Face Prosecution”: Tucker Carlson Blasts Burr For Liquidating Stock While Downplaying COVID Fox News’s Tucker Carlson had some serious words for Sen. Richard Burr (R-NC), who sold off a significant percentage of his stocks on February 13 – raising between $628,000 and $1.72 million in 33 separate transactions. […]
BofA Says “The Bond Market Is Broken” And Only Fed Buying Bonds Can Fix It
ZeroHedge - Mar 19th 2020 11:16pm EDT BofA Says “The Bond Market Is Broken” And Only Fed Buying Bonds Can Fix It One week ago, Bank of America’s credit strategists issues a dire assessment of the current state of the bond market: the Treasury market was no longer functioning properly. Fast forward to today, when Citi issued a similar warning about the […]
NASA Warns Two Asteroids Could Cause Atmospheric Explosion Over Earth This Week
ZeroHedge - Mar 19th 2020 11:05pm EDT NASA Warns Two Asteroids Could Cause Atmospheric Explosion Over Earth This Week Authored by Aaron Kesel via TheMindUnleashed.com, As if 2020 weren’t overwhelming enough, in addition to the potential start of World War 3, the massive fires in Australia, the locust plague in the Middle East and Africa, and the novel coronavirus, we are now […]
“Very Intense Plunge”: Top Hedge Fund Longs Suffer Historic Crash As Top Shorts Outperform… And Much More Pain Is Coming
ZeroHedge - Mar 19th 2020 10:45pm EDT “Very Intense Plunge”: Top Hedge Fund Longs Suffer Historic Crash As Top Shorts Outperform… And Much More Pain Is Coming Total announced stimulus in the US, EU and UK this week was $4.2 trillion, and counting. But for those looking to buy this dip, the bears remain in control of a market paralyzed by its […]
US Airlines To Burn Through $40 Billion By Year End If No Recovery
ZeroHedge - Mar 19th 2020 10:25pm EDT US Airlines To Burn Through $40 Billion By Year End If No Recovery Most Wall Street analysts are predicting a V-shaped recovery for the US economy in the second half (even if it boggles the mind how the US economy can simply spring right back from a -14% GDP depression in Q2 without missing a […]
A Disgusted Nikki Haley Quits Boeing’s Board In Protest Over Bailout Demand
ZeroHedge - Mar 19th 2020 10:05pm EDTA Disgusted Nikki Haley Quits Boeing’s Board In Protest Over Bailout Demand While Boeing’s shareholders await to see if they will be granted a taxpayer-funded bailout, or if all those billions they greedily pocketed from the company’s stock buybacks instead of forcing the company to allocate toward a rainy day fund may have doomed if […]
US Equity Futures Tumble After California State-Wide ‘Stay At Home’ Order
ZeroHedge - Mar 19th 2020 9:53pm EDT US Equity Futures Tumble After California State-Wide ‘Stay At Home’ Order Having been ramped up to unchanged from post-close lows, news that CA Governor Newsom has issued a state-wide “stay at home” order, futures tumbled… Dow futures are down over 300 points… It’s Quad Witch tomorrow so we should expect plenty of high gamma swings […]
Alphabet Soup: CPFF, PDCF And MMLF Down; TAF, TSLF, MMIFF And TALF To Go
ZeroHedge - Mar 19th 2020 9:35pm EDT Alphabet Soup: CPFF, PDCF And MMLF Down; TAF, TSLF, MMIFF And TALF To Go Authored by Phillip Marey of Rabobank Summary On Sunday, the Fed set the discount window and the USD liquidity swap lines with 5 key central banks further open. On Tuesday, the Fed relaunched the CPFF and a few hours later the […]
Newsom: 56% Of Californians To Be Infected With COVID-19 Within Eight Weeks
ZeroHedge - Mar 19th 2020 9:15pm EDT Newsom: 56% Of Californians To Be Infected With COVID-19 Within Eight Weeks California Governor Gavin Newsom says that an estimated 56% of the state’s population – some 25.5 million people – will be infected with coronavirus within the next eight weeks. Newsom made the sobering claim in a Wednesday letter to President Trump asking for […]
BMO: The Market Ponders If This Is “The Spanish Flu” Or “The Great Depression”
ZeroHedge - Mar 19th 2020 8:55pm EDT BMO: The Market Ponders If This Is “The Spanish Flu” Or “The Great Depression” For the past week, it’s been virtually non-stop: one central bank after another has fired a bazooka, rushing to frontrun its peers in hopes of big impact, only to find no response from the market, forcing it to fire another, even […]
“Obey” – Covid-19 Global Lockdown & ‘Disaster Capitalism’
ZeroHedge - Mar 19th 2020 8:35pm EDT “Obey” – Covid-19 Global Lockdown & ‘Disaster Capitalism’ Authored (satirically) by CJ Hopkins via Off-Guardian.org, Let’s try a little thought experiment. Just for fun. To pass the time while we’re indefinitely locked down inside our homes, compulsively checking the Covid-19 “active cases” and “total death” count, washing our hands every twenty minutes, and attempting not […]
Kyle Bass Refuses To Say “COVID-19” To Virtue-Signaling CNBC Anchor, Claims Value Investing Finally Back
ZeroHedge - Mar 19th 2020 8:15pm EDT Kyle Bass Refuses To Say “COVID-19” To Virtue-Signaling CNBC Anchor, Claims Value Investing Finally Back Kyle Bass, founder of Hayman Capital Management, took to CNBC yesterday for an interview about the investing landscape as a result of the coronavirus outbreak and the subsequent sharp sell off in markets. Bass talked about value investing, real estate, […]
The Problem With Pragmatism… And Inflation
ZeroHedge - Mar 19th 2020 7:55pm EDT The Problem With Pragmatism… And Inflation Authored by Michael Lebowitz via RealInvestmentAdvice.com, Pragmatism is seeking immediate solutions with little to no consideration for the longer-term benefits and consequences. An excellent example of this is the Social Security system in the United States. In the Depression-era, a government-sponsored savings plan was established to “solve” for lack […]
The “Risk Parity-Negative Gamma-CTA” Feedback Loop
ZeroHedge - Mar 19th 2020 7:35pm EDT The “Risk Parity-Negative Gamma-CTA” Feedback Loop Authored by Ryan Fitzmaurice of Rabobank Summary So far 2020 is off to a volatile start with out-sized moves observed across asset-classes. Many, if not all, of today’s prominent strategies utilize a volatility-adjusted position sizing method of some sort Markets have been suffering from feedback loops as volatility driven […]
The Home Lockdown Survival Guide – Staying Healthy, Sane, & Solvent During The COVID-19 Crisis
ZeroHedge - Mar 19th 2020 7:15pm EDT The Home Lockdown Survival Guide – Staying Healthy, Sane, & Solvent During The COVID-19 Crisis Authored by Adam Taggart via PeakProsperity.com, Lockdowns are rippling across the world this week, with an accelerating number of cities, counties — and entire countries — issuing mandatory ‘shelter in place’ orders. Whether you saw this coming or not (and […]
Ray “Cash Is Trash” Dalio Says Global Economy Could Suffer $12 Trillion In Losses
ZeroHedge - Mar 19th 2020 6:55pm EDT Ray “Cash Is Trash” Dalio Says Global Economy Could Suffer $12 Trillion In Losses Ray Dalio took to CNBC this morning to pontificate about the coronavirus, estimating that the virus will cost the economy and U.S. corporations up to $4 trillion. U.S. GDP at the end of 2020 stood at about $21 trillion. Worldwide, Dalio estimates $12 […]
Are You Ready To Have Your Civil Liberties Severely Restricted? Because That’s Where This Is Headed…
ZeroHedge - Mar 19th 2020 6:35pm EDT Are You Ready To Have Your Civil Liberties Severely Restricted? Because That’s Where This Is Headed… Authored by Michael Snyder via The End of The American Dream blog, One of the things that sets the United States apart from the rest of the world is that we are supposed to have certain civil liberties guaranteed […]
“Liquidity Support Is Not Enough”: Why Central Banks Are Powerless To Fix This Crisis
ZeroHedge - Mar 19th 2020 6:14pm EDT “Liquidity Support Is Not Enough”: Why Central Banks Are Powerless To Fix This Crisis Something strange happened when the Fed, and all other central banks went all in, and fired one bazooka after another in the past few days. Nothing. For the first time since the financial crisis, perhaps ever, the masters of the monetary […]
Peter Schiff: “The Real Crash Is Here”
ZeroHedge - Mar 19th 2020 5:55pm EDT Peter Schiff: “The Real Crash Is Here” Via SchiffGold.com, On Wednesday, March, 18, Peter Schiff did a live episode of his podcast and took questions for over four hours. In a nutshell, Peter made the case that the real crash is here. He covered a wide range of topics relating to the ongoing and ever-evolving […]
