• “It’s Long-Sellers That Are Dumping Stocks” – Villainous Short-Sellers (Incorrectly) Slammed As Scapegoating Begins Over Losses

    ZeroHedge - Mar 19th 2020 4:55pm EDT

    “It’s Long-Sellers That Are Dumping Stocks” – Villainous Short-Sellers (Incorrectly) Slammed As Scapegoating Begins Over Losses As is usual in global stock markets, when prices fall it is always someone/something else’s fault – algos, short-sellers, Russian disinformers, Fed and Elites new world order plans – but it is never, ever a rationalization that prices at […]

  • Economist: “It’s A Mistake To Think Business Conditions Will Quickly Return To Normal Levels”

    ZeroHedge - Mar 19th 2020 4:35pm EDT

    Economist: “It’s A Mistake To Think Business Conditions Will Quickly Return To Normal Levels” Submitted by  Joseph Carson, Former Chief Economist Alliance Bernstein Economic recession is an infrequent occurrence, but in a fundamental sense recessions are the economy’s way of cleansing the “rot” out the system that have been built up over time. This emanates […]

  • MSM Triggered Over ‘Chinese Virus’ Phrase They Coined Weeks Ago

    ZeroHedge - Mar 19th 2020 4:17pm EDT

    MSM Triggered Over ‘Chinese Virus’ Phrase They Coined Weeks Ago Ever since President Trump began using the phrase “Chinese virus” to describe COVID-19, which originated in China, members of the mainstream resistance have been echoing CCP talking points by suggesting it’s nothing more than a racist phrase – despite using it themselves ad nauseam. pic.twitter.com/k8x8MrrPnS […]

  • The Surge In Cross-Asset Correlation Causes Two Big Problems

    ZeroHedge - Mar 19th 2020 3:35pm EDT

    The Surge In Cross-Asset Correlation Causes Two Big Problems By Masanari Takada of Nomura Summary Investors seem unimpressed by the swift fiscal and monetary measures now being put into place in major countries around the world. Investor sentiment is still mired deep in negative territory in countries worldwide, and conditions look conducive to successive bouts […]

  • Schiff Lawyers Claim “Sovereign Immunity” In Lawsuit Over Doxing Of GOP Phone Records

    ZeroHedge - Mar 19th 2020 3:20pm EDT

    Schiff Lawyers Claim “Sovereign Immunity” In Lawsuit Over Doxing Of GOP Phone Records House attorneys for Rep. Adam Schiff (D-CA) and the Intelligence Committee he chairs asked the US District Court for the District of Columbia to toss out a lawsuit against them for obtaining phone records of high-profile conservatives which resulted in the ‘doxing’ […]

  • Oil Soars 24% In Biggest One-Day Surge On Record

    ZeroHedge - Mar 19th 2020 3:11pm EDT

    Oil Soars 24% In Biggest One-Day Surge On Record One day after oil crashed by a near record 25%, a move which made some sense in light of the historic dollar short squeeze and surge to all time highs in the Bloomberg dollar index, today oil has rebounded violently, and after rising as much as […]

  • Netflix To Cut Traffic Stream To European Networks By 25% For 30 Days

    ZeroHedge - Mar 19th 2020 2:54pm EDT

    Netflix To Cut Traffic Stream To European Networks By 25% For 30 Days Netflix announced on Thursday afternoon that it will cut traffic to its European networks by 25% for 30 days to preserve internet functionality amid the coronavirus crisis, following discussions with European Commissioner Thierry Breton. The issue of Netflix’s internet hogging – as a […]

  • Paper Wealth Is Vanishing Into A Big Black Hole

    ZeroHedge - Mar 19th 2020 2:52pm EDT

    Paper Wealth Is Vanishing Into A Big Black Hole Authored by Bruce Wilds via Advancing Time blog, Few people watch their investments daily but rather chose to peek at them every now and then. This is the main reason a lot more Americans are not waking up today sick to their stomach and in near […]

  • Trump To InterveneĀ In Russia-Saudi Price War At “Appropriate Time” After Crude Hit $20

    ZeroHedge - Mar 19th 2020 2:30pm EDT

    Trump To Intervene In Russia-Saudi Price War At “Appropriate Time” After Crude Hit $20 As Congressional voices and US oil companies have grown louder in urging President Trump to mount a muscular pushback against the Russians and Saudis flooding the market following their spat early this month that triggered an ongoing oil-price war — which lately witness crude falling […]

  • A Problem Emerges: Lawmakers Balk At Boeing Bailout, Compare It To AIG

    ZeroHedge - Mar 19th 2020 2:26pm EDT

    A Problem Emerges: Lawmakers Balk At Boeing Bailout, Compare It To AIG Update (1423 ET): Lawmakers are pushing back against a Boeing bailout – comparing it to AIG, which required a rescue due to its own risky decisions. According to CNBC’s Kayla Tausche, the White House will need to make an “extremely compelling case” to […]

  • The U.S. Government Is Preparing For An 18 Month Pandemic And “Critical Shortages”

    ZeroHedge - Mar 19th 2020 2:10pm EDT

    The U.S. Government Is Preparing For An 18 Month Pandemic And “Critical Shortages” Authored by Michael Snyder via TheMostImportantNews.com, Are you prepared for the nationwide shutdown that is happening now to last for the next 18 months?  You may not believe that such a thing will happen, but the federal government apparently does.  A 100 […]

  • Next Stimulus Deal To Include “Rapid Injection Of Cash” For Small Businesses

    ZeroHedge - Mar 19th 2020 1:55pm EDT

    Next Stimulus Deal To Include “Rapid Injection Of Cash” For Small Businesses The next stimulus deal will include targeted lending for certain industries, which Senate Majority Leader Mitch McConnell (R-KY) called a “rapid injection of cash” for small businesses, according to Bloomberg. During opening floor comments on Thursday, McConnell said that the Senate is looking […]

  • Global Pandemic Could Have Been Avoided If China Had Acted Sooner, Study Finds

    ZeroHedge - Mar 19th 2020 1:41pm EDT

    Global Pandemic Could Have Been Avoided If China Had Acted Sooner, Study Finds Authored by Steve Watson via Summit News, A scientific study has found that had China acted sooner to combat the spread of their coronavirus, then the spread could have been almost entirely avoided, and it would not have become a global pandemic. […]

  • Treasury Yields Suddenly Tumble As Muni Massacre Accelerates

    ZeroHedge - Mar 19th 2020 1:33pm EDT

    Treasury Yields Suddenly Tumble As Muni Massacre Accelerates As The Fed continues its massive Daily QE, yields across the Treasury market are suddenly tumbling but the Muni market is a bloodbath… 30Y Yields just puked 20bps lower… 10Y Treasury yields dropped back below 1.00%… As 10Y Muni yields spike a stunning 48bps… Extending the recent […]

  • Texas Man Arrested After “The Virus Has Become Airborne” Hoax Post Sparks Chaos

    ZeroHedge - Mar 19th 2020 1:15pm EDT

    Texas Man Arrested After “The Virus Has Become Airborne” Hoax Post Sparks Chaos As states across the US raced to shut down businesses, limit mass gatherings, and enforce social distancing last week amid the Covid-19 outbreak, one Texas millennial was arrested after he sparked chaos in East Texas for lying on social media about contracting the […]

  • Senator Calls On Trump To Embargo Russia, OPEC Crude

    ZeroHedge - Mar 19th 2020 1:00pm EDT

    Senator Calls On Trump To Embargo Russia, OPEC Crude Authored by Julieanna Geiger via OilPrice.com, “We will not be bullied” is the message Senator Kevin Cramer would like President Donald Trump to send to Saudi Arabia and Russia about the unsettled oil markets that the two nations, along with the UAE are presently flooding. The Republican […]

  • ‘Not In My Backyard’: Rich Connecticut Town Closes COVID-19 Testing Center As Residents Complain

    ZeroHedge - Mar 19th 2020 12:45pm EDT

    ‘Not In My Backyard’: Rich Connecticut Town Closes COVID-19 Testing Center As Residents Complain Regardless of whether you believe the novel coronavirus was cultivated in a Wuhan market, or a bioweapons lab, or whether you think China underreported deaths and cases by 1,000 or 100,000, there’s little question at this point that Beijing’s triumph over […]

  • Supreme Identity Politics: Biden Pledges To Only Consider Black Females For SCOTUS Pick

    ZeroHedge - Mar 19th 2020 12:33pm EDT

    Supreme Identity Politics: Biden Pledges To Only Consider Black Females For SCOTUS Pick Authored by Jonathan Turley, In his debate with Bernie Sanders, Joe Biden made two pledges to voters and asked his opponent to do the same to nominate only a black woman for the next open Supreme Court seat and to choose a woman as […]

  • “We’re Not Sure What’s Going On”: Markets Hit “Sell Everything” Moment After “Largest On Record” 8-Sigma Crash

    ZeroHedge - Mar 19th 2020 12:15pm EDT

    “We’re Not Sure What’s Going On”: Markets Hit “Sell Everything” Moment After “Largest On Record” 8-Sigma Crash Last week, following a series of unprecedented, shocking market moves, we explained that a big reason behind the decorrelated cross-asset rollercoaster was due to an unprecedented, the biggest ever VaR shock, that forced risk parity funds, which until […]

  • Margin Call: You Were Warned Of The Risk

    ZeroHedge - Mar 19th 2020 12:00pm EDT

    Margin Call: You Were Warned Of The Risk Authored by Lance Roberts via RealInvestmentAdvice.com, I have been slammed with emails over the last couple of days asking the following questions: “What just happened to my bonds?” “What happened to my gold position, shouldn’t it be going up?” “Why are all my stocks being flushed at […]

  • Anti-Malaria Drug Shows Promising Results In Treating COVID-19

    ZeroHedge - Mar 19th 2020 11:44am EDT

    Anti-Malaria Drug Shows Promising Results In Treating COVID-19 While several drugs are currently being tested to treat COVID-19, an inexpensive anti-malaria drug that’s been around for over 70 years has been shown to halt coronavirus in patients who have mild to moderate symptoms. The drug, chloroquine, was first approved in the US in 1949, and […]

  • What Is Our Country Going To Look Like If Millions Of Americans Start Dying From COVID-19?

    ZeroHedge - Mar 19th 2020 11:30am EDT

    What Is Our Country Going To Look Like If Millions Of Americans Start Dying From COVID-19? Authored by Michael Snyder via TheMostImportantNews.com, Experts are warning that hundreds of millions of people around the globe could eventually catch COVID-19, and if that actually happens, millions of people are going to die.  Globally, less than 10,000 people […]

  • “Come Home Or Shelter In Place” – State Department Issues Travel Advisory To All Americans Abroad

    ZeroHedge - Mar 19th 2020 11:15am EDT

    “Come Home Or Shelter In Place” – State Department Issues Travel Advisory To All Americans Abroad With COVID-19 cases and deaths surging in the US and Europe, the US State Department is set to announce Level 4 travel restrictions to all international travel, reports Politico.  The State Department’s new advisory is expected to advise all Americans abroad […]

  • Millennium Shuttering “Double Digit” Trading Pods Amid Market Turmoil

    ZeroHedge - Mar 19th 2020 11:10am EDT

    Millennium Shuttering “Double Digit” Trading Pods Amid Market Turmoil Yesterday, Wall Street traders feverishly passed around a note that without a shred of evidence claimed “that Risk Parity has blown up” (one hardly needs to be a trading wizard to figure that out after reading our post on how “the biggest VaR shock in history” […]

  • Tulsi Ridin’ With Biden

    ZeroHedge - Mar 19th 2020 10:58am EDT

    Tulsi Gabbard Suspends Campaign, Endorses Joe Biden Rep. Tulsi Gabbard, the sole woman remaining in the Democratic Primary race, has suspended her campaign and endorsed Joe Biden. The endorsement is a coup for Biden, since Gabbard’s decision to endorse Sanders during the 2016 primary helped boost her national profile and set her on the path […]