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  • Watch Live: White House Coronavirus Task Force Delivers Another Update

    ZeroHedge - Mar 15th 2020 4:55pm EDT

    Watch Live: White House Coronavirus Task Force Delivers Another Update President Trump, Vice President Mike Pence, Dr. Anthony Fauci (after doing five interviews earlier in the day) and the rest of the White House Coronavirus Task Force will deliver their latest update on their efforts at 5 pm, following the latest team meeting in the […]

  • Dow Indicated 1,000 Lower Ahead Of Futures Open

    ZeroHedge - Mar 15th 2020 4:33pm EDT

    Dow Indicated 1,000 Lower Ahead Of Futures Open Friday’s record 2000 Dow point surge will likely be cut in half if the spread bettors at IG are correct in indicating that the Dow is set to open about 1,000 points lower. Meanwhile, in FX markets which are already open, moves appear relatively calm with the […]

  • Goldman Takes Out The Chainsaw: Cuts US Q2 GDP To -5%; Says Recession Has Begun

    ZeroHedge - Mar 15th 2020 4:10pm EDT

    Goldman Takes Out The Chainsaw: Cuts US Q2 GDP To -5%; Says Recession Has Begun While it will probably not come as a surprise to anyone who read our earlier post to “Brace For A Record Decline in GDP”, but moments ago Goldman – which last week called the bear market just hours before it […]

  • New York Governor Cuomo To Trump: Mobilize The Military

    ZeroHedge - Mar 15th 2020 3:39pm EDT

    New York Governor Cuomo To Trump: Mobilize The Military In an opinion piece published Sunday by the New York Times, New York Gov. Andrew Cuomo, who is presently presiding over the second-largest outbreak in the US, asked President Trump to mobilize the Army Corp of Engineers to help expand hospital capacity to fight the outbreak. […]

  • Emergency: SMEs Face A Global Crunch Drowned In Liquidity

    ZeroHedge - Mar 15th 2020 3:30pm EDT

    Emergency: SMEs Face A Global Crunch Drowned In Liquidity Authored by Daniel Lacalle, Many countries have decided to lock down entire cities and shutdown airspace to contain the spread of coronavirus. This decision may create a massive crisis drowned in liquidity. Governments and central banks are committed to do whatever it takes in terms of […]

  • Fed Expected To Announce CP Bailout Facility Within Hours Or Risk Money Market Panic

    ZeroHedge - Mar 15th 2020 3:19pm EDT

    Fed Expected To Announce CP Bailout Facility Within Hours Or Risk Money Market Panic As Bank of America’s rates expert, Mark Cabana – formerly of the NY Fed – writes on Saturday, “the Fed has been on fire” lately, which in light of the Fed’s activities in the past two trading days of the week, […]

  • “We Can’t Go On With Business As Usual”: NYC Comptroller Calls For ‘Citywide Shutdown’ As Virus Hits City Schools

    ZeroHedge - Mar 15th 2020 2:55pm EDT

    “We Can’t Go On With Business As Usual”: NYC Comptroller Calls For ‘Citywide Shutdown’ As Virus Hits City Schools After NYC Mayor Bill de Blasio said during an interview on CNN earlier that he “all options are on the table” when asked if he was considering closing city schools and shutting down restaurants and other […]

  • Mnuchin Says Covid-19 Pandemic Won’t Trigger US Recession 

    ZeroHedge - Mar 15th 2020 2:30pm EDT

    Mnuchin Says Covid-19 Pandemic Won’t Trigger US Recession  Treasury Secretary Steven Mnuchin made the rounds on national media on Sunday, telling anyone who would listen that the Covid-19 pandemic wouldn’t shift the economy into recession, even though even perpetual optimists JPMorgan now expect the economy to slide into a technical recession in the coming quarters, while […]

  • Crypto & Covid-19 – Bulls Vs Bears

    ZeroHedge - Mar 15th 2020 2:24pm EDT

    Crypto & Covid-19 – Bulls Vs Bears Authored by Robert Stevens via Decrypt.co, Covid-19 cases are now above 120,000 worldwide, and the World Health Organization has officially determined it’s a pandemic. It’s torn families apart, tanked the global economy, and world leaders are calling it the biggest global crisis in decades.  So, uh, how’s the coronavirus […]

  • The World Is Hit With A $12 Trillion Dollar Margin Call

    ZeroHedge - Mar 15th 2020 1:54pm EDT

    The World Is Hit With A $12 Trillion Dollar Margin Call Earlier today Trump declared that Sunday would be a national day of prayer. TODAY IS A NATIONAL DAY OF PRAYER. GOD BLESS EVERYONE! — Donald J. Trump (@realDonaldTrump) March 15, 2020 With Americans having far bigger concerns on their minds, we doubt many will […]

  • Another Cruise Ship Is Stranded At Sea As 5 Passengers & Crew Test Positive

    ZeroHedge - Mar 15th 2020 1:00pm EDT

    Another Cruise Ship Is Stranded At Sea As 5 Passengers & Crew Test Positive After being denied entry to a port in San Juan and several other Caribbean ports, the cruise ship MS Braemer is the latest cruise ship to be dangerously stranded at sea after at least five cases were confirmed on board, and […]

  • Investors Should Brace For A Record Decline in GDP

    ZeroHedge - Mar 15th 2020 12:43pm EDT

    Investors Should Brace For A Record Decline in GDP Submitted by Joseph Carson, Former Director of Global Economic Research, Alliance Bernstein Two of largest quarterly declines in economic activity during the post war period occurred during a financial crisis and a widespread cessation of consumer and business activity triggered by uncertainty (and panic) following the […]

  • Midtown Manhattan Bank Runs Out Of $100 Bills Amid Corona Panic

    ZeroHedge - Mar 15th 2020 12:15pm EDT

    Midtown Manhattan Bank Runs Out Of $100 Bills Amid Corona Panic With the stock market plummeting as the realities of the COVID-19 outbreak sink in, nervous New Yorkers flooded a Midtown Manhattan Bank of America – taking out large sums of cash into the tens of thousands of dollars at a time. So much so, […]

  • Aramco Cuts CapEx By $10 Billion As Profits Plunge

    ZeroHedge - Mar 15th 2020 11:48am EDT

    Aramco Cuts CapEx By $10 Billion As Profits Plunge In the aftermath of Saudi Arabia’s declaration of an oil price war last weekend, which sent the price of crude tumbling about 30% overnight, and making profitability life for US E&P companies virtually impossible, it didn’t take long for US shale producers to take the hammer […]

  • Wal-Mart, Stop & Shop Cut Hours, US Deaths Hit 58 As Oregon Confirms 1st Covid-19 Fatality: Live Updates

    ZeroHedge - Mar 15th 2020 10:58am EDT

    Wal-Mart, Stop & Shop Cut Hours, US Deaths Hit 58 As Oregon Confirms 1st Covid-19 Fatality: Live Updates Over the past week, Wal-Marts across the country have been overwhelmed by panicked shoppers stocking up on toilet paper and other non-essentials as the coronavirus hysteria has rattled communities coast to coast, in many cases before a […]

  • Dystopian Footage: Quarantine Breaker Subdued & Arrested By Swarm Of Police In Hazmat

    ZeroHedge - Mar 15th 2020 10:30am EDT

    Dystopian Footage: Quarantine Breaker Subdued & Arrested By Swarm Of Police In Hazmat An Israeli broadcaster has aired dramatic video in an eerie dystopian sign of where things are possibly headed in terms of securing quarantined zones in urban areas, and at a moment various governments around the world are militarizing their Covid-19 outbreak response planning. Security […]

  • Greece Erects Massive Concrete Blocks On Border To Halt Migrant Wave From Turkey

    ZeroHedge - Mar 15th 2020 9:55am EDT

    Greece Erects Massive Concrete Blocks On Border To Halt Migrant Wave From Turkey As the rest of the globe is busy locking down borders amid the Covid-19 pandemic, Turkey has reportedly kept it migrant wave to the EU corridor open, resulting in continued chaos at Greek-Turkey border points, as desperate asylum seekers try any way […]

  • The Real Crisis Starts Now In Europe

    ZeroHedge - Mar 15th 2020 9:20am EDT

    The Real Crisis Starts Now In Europe Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, I think it’s safe to say the new crisis just killed the Schengen Treaty. That ridiculous document which guaranteed freedom of movement across the European Union finally hit something it couldn’t bully, COVID-19. Regardless of whether you believe […]

  • Not Just Seniors: French Doctors Report 50% Of ICU Patients Under 60 Years Old, Netherlands Under 50

    ZeroHedge - Mar 15th 2020 8:45am EDT

    Not Just Seniors: French Doctors Report 50% Of ICU Patients Under 60 Years Old, Netherlands Under 50 It’s beginning to look like someone’s lying, as both French and Dutch medical professionals are reporting that half of coronavirus ICU patients are under the age of 60 and 50-years-old respectively. “MORE THAN 50% OF THE 300 #COVIDー19 […]

  • NATO And COVID-19: A Parasitical Disease In Europe

    ZeroHedge - Mar 15th 2020 8:10am EDT

    NATO And COVID-19: A Parasitical Disease In Europe Authored by Finian Cunningham via The Strategic Culture Foundation, The decision to go-ahead with NATO’s biggest-ever war games in Europe at a time of heightened fears over the coronavirus sure raises questions about the military alliance’s stated purpose of maintaining security. NATO secretary-general Jens Stoltenberg has said the Defender-Europe […]

  • The World’s Richest Have Lost Almost $1 Trillion In Covid-19 Wealth Wipeout

    ZeroHedge - Mar 15th 2020 7:35am EDT

    The World’s Richest Have Lost Almost $1 Trillion In Covid-19 Wealth Wipeout Well if there’s one thing that should make those without a pot to piss in happier about the widening inequality gap in this country, it’s that the world’s richest are losing a boat load of money – an inconceivable amount of money to […]

  • European Union: Closing The Borders?

    ZeroHedge - Mar 15th 2020 7:00am EDT

    European Union: Closing The Borders? Authored by Judith Bergman via The Gatestone Institute, On February 27, Turkish President Recep Tayyip Erdogan made good on his many threats to send millions of migrants and refugees to Europe, despite a 2016 deal between Europe and Turkey to hold them. Apparently seeking to make Europe experience the full force of his intentions, […]

  • A 70-Year War On “Propaganda” Built By The CIA

    ZeroHedge - Mar 15th 2020 12:20am EDT

    A 70-Year War On “Propaganda” Built By The CIA Authored by Cynthia Chung via The Strategic Culture Foundation, “Hell is empty and all the devils are here” – William Shakespeare (The Tempest Act 1 Scene 2) War has always depended on a reliable system to spread its propaganda. The Arthashastra written by Chankya (350-283 BCE) who was chief advisor […]

  • Covid-19 Pandemic To Crash Sex Worker Income

    ZeroHedge - Mar 14th 2020 11:55pm EDT

    Covid-19 Pandemic To Crash Sex Worker Income The world has already transitioned into panic about Covid-19. Widespread social, political, and economic disruptions have developed. Hard-hit countries, as we noted last week, have responded with a similar blueprint of shutting down their economies for virus containment purposes.  Social distancing has been one of the most widely enforced policies […]

  • The S**t Might Actually Be Hitting The Fan But Somehow It Doesn’t Feel Real

    ZeroHedge - Mar 14th 2020 11:30pm EDT

    The S**t Might Actually Be Hitting The Fan But Somehow It Doesn’t Feel Real Authored by Daisy Luther via The Organic Prepper blog, So here we are. Right on the cusp of that SHTF event that we’ve been prepping for all these years. A global pandemic. A breakdown in the supply chain. Shoppers who are […]