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  • The Last Time This Happened Was October 1929…

    ZeroHedge - Mar 14th 2020 2:45pm EDT

    The Last Time This Happened Was October 1929… While this week had many superlatives – like being the fastest collapse from peak to bear market ever, fastest credit spread decompression ever, biggest weekly jump in VIX ever, and largest 3-week decline in oil prices ever – one stands out as rather more ominous than others… […]

  • “Don’t Believe The Numbers” – Johns Hopkins Prof Fears “Worst Public Health Crisis Since Polio”

    ZeroHedge - Mar 14th 2020 2:20pm EDT

    “Don’t Believe The Numbers” – Johns Hopkins Prof Fears “Worst Public Health Crisis Since Polio” Authored by Michael Snyder via The End of The American Dream blog, The COVID-19 pandemic continues to explode all over the globe, and authorities are warning that it is going to continue to get worse.  The number of confirmed cases […]

  • Pentagon Orders All Troops Confined To Base Area, Bans Domestic Travel

    ZeroHedge - Mar 14th 2020 1:55pm EDT

    Pentagon Orders All Troops Confined To Base Area, Bans Domestic Travel As of Friday the Department of Defense issued an unprecedented for all service personnel stationed in the United States, forbidding them from non-operations related travel within the US. This follows earlier this month ‘leave and liberty’ restrictions already imposed for troops stationed in foreign […]

  • The Aftermath – Surveying The Wreckage From Last Week’s Market-nado

    ZeroHedge - Mar 14th 2020 1:30pm EDT

    The Aftermath – Surveying The Wreckage From Last Week’s Market-nado The last two weeks have been unprecedented for any number of reasons  – trading ranges, fund blow-ups, basis dislocations, correlation-one regime, no safe harbor – but aside from being the fastest collapse from a peak into bear market in US history… There are a number […]

  • Images From New York’s First Drive-Thru Testing Facility

    ZeroHedge - Mar 14th 2020 1:05pm EDT

    Images From New York’s First Drive-Thru Testing Facility Just as Gov. Cuomo promised on Thursday, New York’s first coronavirus drive-through testing center opened Friday morning in New Rochelle, and is up and running, collecting samples from anxious New Yorkers in the Westchester County town that has emerged as a hot spot for the national epidemic. […]

  • Market Crash. Is It Over, Or Is It The “Revenant”

    ZeroHedge - Mar 14th 2020 12:40pm EDT

    Market Crash. Is It Over, Or Is It The “Revenant” Authored by Lance Roberts via RealInvestmentAdvice.com, If you haven’t seen the movie “The Revenant” with Leonardo DiCaprio, it is a 2015 American survival drama describing frontiersman Hugh Glass’s experiences in 1823. Early in the movie, Hugh, an expert hunter, and tracker, is mauled by a grizzly bear. (Warning: […]

  • Another Wave Of Rockets Slam Into Camp Taji, Wounding 3 US Troops

    ZeroHedge - Mar 14th 2020 12:20pm EDT

    Another Wave Of Rockets Slam Into Camp Taji, Wounding 3 US Troops A US airbase just north of the Iraqi capital has come under more major rocket fire a mere days after an initial attack killed one British and two American soldiers. A US defense official has told Reuters that three American troops were wounded in the attack. Iraqi […]

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

    ZeroHedge - Mar 14th 2020 12:04pm EDT

    Watch Live: White House Coronavirus Task Force Delivers Status Update Now that Democrats and Treasury Secretary Mnuchin have managed to strike a deal on the federal Covid-19 economic rescue package, which Trump said he fully supports, the White House task force is holding another press conference to update the public on the coronavirus containment effort. […]

  • Bridgewater’s Macro Fund Crashes 20% Amid Historic Turmoil

    ZeroHedge - Mar 14th 2020 11:43am EDT

    Bridgewater’s Macro Fund Crashes 20% Amid Historic Turmoil On Friday we were amused to report that just six weeks after Bridgewater founder, billionaire Sinophile investor, Burning Man connoisseur, and author of a bunch of really bizarre workplace “principles”, Ray Dalio announced during this year’s Davos boondoggle that “cash is trash”… … not only did the […]

  • Spain Declares National Lockdown, Apple Closes All Stores Outside Greater China, US Death Toll Nears 50: Virus Updates

    ZeroHedge - Mar 14th 2020 11:00am EDT

    Spain Declares National Lockdown, Apple Closes All Stores Outside Greater China, US Death Toll Nears 50: Virus Updates While EU bureaucrats in Brussels slammed President Trump over the European travel ban, claiming that he left them in the dark with his “unilateral” action, Spain – one of Europe’s largest countries, and the fourth-largest economy in […]

  • First Masks, Then Purell, Now Americans Panic Hoard Immunity-Boosting Products Amid Pandemic 

    ZeroHedge - Mar 14th 2020 11:00am EDT

    First Masks, Then Purell, Now Americans Panic Hoard Immunity-Boosting Products Amid Pandemic  The order has been relatively straight forward: Americans started panic hoarding 3M N-95 masks as early as mid-January, then loaded up on food and medical supplies in the last several weeks, including water, non-perishables, bleach, and Purell. Now it appears the next run has started, that is, immunity-boosting supplements […]

  • Greening Our Way To Infection

    ZeroHedge - Mar 14th 2020 10:30am EDT

    Greening Our Way To Infection Authored by John Tierney via City-Journal.org, The ban on single-use plastic grocery bags is unsanitary – and it comes at the worst imaginable time… The COVID-19 outbreak is giving new meaning to those “sustainable” shopping bags that politicians and environmentalists have been so eager to impose on the public. These […]

  • UK’s Coronavirus Strategy: Just Let It Happen And Hope For Herd Immunity

    ZeroHedge - Mar 14th 2020 9:55am EDT

    UK’s Coronavirus Strategy: Just Let It Happen And Hope For Herd Immunity The British government’s strategy to deal with the coronavirus outbreak is for 60% of the UK to become infected in order to develop “herd immunity” against the disease, according to The Independent. In other words, when the thus-far unstoppable virus ravages England, it […]

  • How Far Do Governments Need To Go In Restricting Citizens’ Movements To Combat Covid-19?

    ZeroHedge - Mar 14th 2020 9:20am EDT

    How Far Do Governments Need To Go In Restricting Citizens’ Movements To Combat Covid-19? Via DataTrekResearch blog, How far do governments have to go in restricting the movements of its citizens to combat COVID-19?  This is an important question, because right now the most complete data set on how quickly it can be contained (or […]

  • Relief For “Hard” Times: PornHub Offers Free Premium Access To Italians Under Lockdown

    ZeroHedge - Mar 14th 2020 8:45am EDT

    Relief For “Hard” Times: PornHub Offers Free Premium Access To Italians Under Lockdown At the time of a global humanitarian crisis that presents an existential threat to the human race, every person and corporate needs to step up and do their part to help address the problem head on. And who better to lead by […]

  • ‘Defender Europe 2020’ Cannot Be Cancelled Due To Covid-19

    ZeroHedge - Mar 14th 2020 8:10am EDT

    ‘Defender Europe 2020’ Cannot Be Cancelled Due To Covid-19 Authored by ‘Timoschuk’ via TheDuran.com, Covid-19 – more then 100,000 infected around the world, six countries where tourists are prohibited from traveling and 17, which are recommended to be avoided. “Defender Europe 2020” – 40,000 participants from 17 NATO countries (and Georgia). One would like to […]

  • “A Tsunami Has Arrived” – Spanish Tourism Collapses

    ZeroHedge - Mar 14th 2020 7:35am EDT

    “A Tsunami Has Arrived” – Spanish Tourism Collapses Anyone with the slightest bit of common sense has ditched their dream trip to Europe as Covid-19 steamrolls across the continent, with Italy, France, Spain, and Germany, so far experiencing the brunt of the virus outbreak.  As a result of mass quarantines and businesses’ shuttering their doors, Europe’s […]

  • Covid-19: European Leaders Finally Acknowledge Scale Of Crisis

    ZeroHedge - Mar 14th 2020 7:00am EDT

    Covid-19: European Leaders Finally Acknowledge Scale Of Crisis Authored by Soeren Kern via The Gatestone Institute, The Coronavirus Disease 2019 (COVID-19) has now reached more than 45 countries in Europe, where (as of March 12) more than 30,000 people have tested positive for the disease, according to a Gatestone Institute tally based on calculations from […]

  • “Covid-19 Is An Exponential Threat” – Why Global Politicians & Business Leaders Must Act Now

    ZeroHedge - Mar 14th 2020 12:05am EDT

    “Covid-19 Is An Exponential Threat” – Why Global Politicians & Business Leaders Must Act Now Authored by Tomas Pueyo via Medium.com, With everything that’s happening about the Coronavirus, it might be very hard to make a decision of what to do today. Should you wait for more information? Do something today? What? Here’s what I’m […]

  • The State Of Freedom Worldwide

    ZeroHedge - Mar 13th 2020 11:45pm EDT

    The State Of Freedom Worldwide Democratic watchdog organization Freedom House has released its annual ranking of the world’s most free and the world’s most suppressed nations. As Statista’s Niall McCarthy notes, for the 14th year in a row, global freedom has been found to have declined. 64 countries experienced a decline in freedom with only 37 making […]

  • Psychologist: Big Tech Will Use “Subliminal Methods” To Shift 15 Million Votes On Election Day

    ZeroHedge - Mar 13th 2020 11:25pm EDT

    Psychologist: Big Tech Will Use “Subliminal Methods” To Shift 15 Million Votes On Election Day Authored by Paul Joseph Watson via Summit News, Psychologist Robert Epstein says that Big Tech is planning to use “subliminal methods” in the upcoming election that could shift up to 15 million votes and cost Trump the presidency. After the […]

  • “It’s Terrible”: NYC Restaurants Shocked With “Mass Event Cancellations” As Virus Fears Grow

    ZeroHedge - Mar 13th 2020 11:05pm EDT

    “It’s Terrible”: NYC Restaurants Shocked With “Mass Event Cancellations” As Virus Fears Grow We already wrote weeks ago about how the coronavirus was wreaking havoc among Chinese business owners in various cities across the U.S. Since then, fear of the virus has been ramped up significantly, and so it should come as no surprise that people are […]

  • Elon Musk Is Acting Like A Neo-Conquistador For South America’s Lithium

    ZeroHedge - Mar 13th 2020 10:45pm EDT

    Elon Musk Is Acting Like A Neo-Conquistador For South America’s Lithium Authored by Vijay Prashad and Alejandro Bejarno via Counterpunch.org, Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of Brazil, in Miami in early March, but he was too […]

  • Federal Reserve Turns To Big Data To Monitor Business Cycle 

    ZeroHedge - Mar 13th 2020 10:25pm EDT

    Federal Reserve Turns To Big Data To Monitor Business Cycle  Federal Reserve officials are increasingly turning to big data to provide them with a more accurate snapshot of the economy, AP News reports.  The first evidence of this was during a government shutdown last year when officials turned to First Data, a payments firm that processes $2 […]

  • Panic & The Pandemic: Is There A Better Approach?

    ZeroHedge - Mar 13th 2020 10:05pm EDT

    Panic & The Pandemic: Is There A Better Approach? Via Cliff Mass Weather blog, Our society is now transitioning into panic about the coronavirus. Universities and schools are being shuttered, sports activities and public gatherings are being cancelled, individuals are hoarding toilet paper and supplies, travel is being severely constrained, the stock market has crashed, […]