Stocks Up, Bonds Up, Gold Up, Dollar Up, Oil Up, Virus-Death-Count Up!
ZeroHedge - Feb 19th 2020 4:01pm EST Stocks Up, Bonds Up, Gold Up, Dollar Up, Oil Up, Virus-Death-Count Up! Another day, another new record high in stocks as the Powell-Put is well and truly priced in to save the world no matter what – global pandemic, no problem, hold my beer… the assumption seems to be that The Fed will print again […]
Sanders Widens Lead Over 2020 Dems After New Poll Reveals 32% Support
ZeroHedge - Feb 19th 2020 3:45pm EST Sanders Widens Lead Over 2020 Dems After New Poll Reveals 32% Support Vermont Senator Bernie Sanders has widened his lead against the other 2020 Democratic presidential candidates, according to a new national poll by the Washington Post/ABC News. Sanders scored a 9% boost over the outlets’ January poll, garnering 32% support among Democrats and Democratic-leaning […]
Omens, Portents, Karma, & The Mandate Of Heaven
ZeroHedge - Feb 19th 2020 3:30pm EST Omens, Portents, Karma, & The Mandate Of Heaven Authored by Charles Hugh Smith via OfTwoMinds blog, The question of legitimacy isn’t limited to China. what makes humans unique among social mammals? Some say humor, I would nominate superstition: regardless of how hard we promote our rationality and logic, humanity continues to sense portents and omens in […]
Mexican National Charged As ‘Russian Agent’ After Spying On FBI Informant In Florida
ZeroHedge - Feb 19th 2020 3:15pm EST Mexican National Charged As ‘Russian Agent’ After Spying On FBI Informant In Florida The Justice Department has announced the capture of an alleged Russian agent in Florida, after the man was seen photographing a US government informant’s car in Miami. The alleged Russian spy is a Mexican citizen named Hector Alejandro Cabrera Fuentes, and was charged Tuesday with […]
China To Change Coronavirus “Infection” Definition Again In Pursuit Of Fewer Cases
ZeroHedge - Feb 19th 2020 2:45pm EST China To Change Coronavirus “Infection” Definition Again In Pursuit Of Fewer Cases One week ago, China shocked the global community and capital markets, when it unexpectedly reported a huge jump in new Coronavirus cases, which after declining comfortably for the prior weeks, suddenly soared by nearly 15,000 overnight. The move, which stunned markets sending futures […]
Who Bought The $1.3 Trillion In Debt The US Government Added In 2019?
ZeroHedge - Feb 19th 2020 2:34pm EST Who Bought The $1.3 Trillion In Debt The US Government Added In 2019? Authored by Wolf Richter via WolfStreet.com, Treasury securities are hot. The Fed backed up the truck. US banks & others bought too. But China dumped… The US Gross National Debt spiked by $1.3 trillion over the past 12 months, to $23.3 trillion. […]
China Deploys 40 Mobile Incinerators To Wuhan: Report
ZeroHedge - Feb 19th 2020 2:15pm EST China Deploys 40 Mobile Incinerators To Wuhan: Report While China has come under fire over claims that they are grossly underreporting coronavirus figures, Chinese media is reporting that 40 industrial incinerators have been deployed to Wuhan, the epicenter of the outbreak which has officially killed more than 2,000 people – mostly in China. Mobile incinerators […]
FOMC Minutes See Rates “Appropriate”, Warn Of “Elevated” Asset Levels, Suggest ‘NotQE’ Tapering Imminent
ZeroHedge - Feb 19th 2020 2:04pm EST FOMC Minutes See Rates “Appropriate”, Warn Of “Elevated” Asset Levels, Suggest ‘NotQE’ Tapering Imminent Since The Fed’s statement on January 29th, the severity of the Covid-19 virus has escalated exponentially, economic data has disappointed (even before the virus’ impact), companies have issued widespread warnings about their outlooks (due to China-driven consumption slumps and supply-chain disruptions)… […]
Assange Lawyer Says Trump Offered Pardon For Exonerating Russia Over Leaks; White House Denies
ZeroHedge - Feb 19th 2020 1:55pm EST Assange Lawyer Says Trump Offered Pardon For Exonerating Russia Over Leaks; White House Denies Attorneys for Julian Assange told a London court on Wednesday that they will provide evidence that the Trump administration offered to pardon the WikiLeaks founder if he was willing to say that Russia had nothing to do with leaks of Democratic […]
Japanese Epidemiologist Blasts “Chaotic” Conditions Onboard The ‘Diamond Princess’
ZeroHedge - Feb 19th 2020 1:45pm EST Japanese Epidemiologist Blasts “Chaotic” Conditions Onboard The ‘Diamond Princess’ Authored by Dan Anders via NationOverload.com, Professor Kentaro Iwata of the Faculty of Infectious Diseases at Kobe University reported that the conditions on the Diamond Princess ship were “completely chaotic”. The Japanese professor Kentaro Iwata, an epidemiologist at the University Hospital of Kobe University, spent a […]
FOMC Minutes Preview: Don’t Expect The Fed To Reveal Much
ZeroHedge - Feb 19th 2020 1:36pm ESTFOMC Minutes Preview: Don’t Expect The Fed To Reveal Much Submitted by RanSquawk The FOMC meeting minutes are unlikely to reveal much by way of new information, and will likely reiterate the points made within the post-meeting statement, post-meeting press conference with Chair Powell, as well as Powell’s views expressed in his recent dual-testimonies to […]
Elon Musk Calls Bill Gates “Underwhelming” After Gates Admits He Drives A Porsche Taycan
ZeroHedge - Feb 19th 2020 1:15pm EST Elon Musk Calls Bill Gates “Underwhelming” After Gates Admits He Drives A Porsche Taycan Elon Musk’s babiness and petulance seems to know no bounds, even with Tesla stock scorching near all time highs, allowing the billionaire to raise capital for his empire at absurd prices. But that didn’t stop Musk from taking a jab at […]
Are The Japanese Losing Faith? Yen Crashes Near Record Lows Against Gold
ZeroHedge - Feb 19th 2020 1:00pm EST Are The Japanese Losing Faith? Yen Crashes Near Record Lows Against Gold 31 years ago, the Japanese stock market hit a record high. It remains 38% below that high (not adjusted for inflation), crushing the global narrative that ‘buy and hold’ in stocks works “over the long run.” Source: Bloomberg Are the Japanese losing faith […]
Adidas’ China Business Activity Crashes 85% Due To Virus Shock
ZeroHedge - Feb 19th 2020 12:45pm EST Adidas’ China Business Activity Crashes 85% Due To Virus Shock Under Armour was the first apparel company to warn the Covid-19 outbreak in China would have a negative impact on sales in 1Q. The Baltimore-based apparel company said last week that the industry as a whole would be damaged. One week later, German sportswear maker Adidas has warned the […]
The World’s Top LNG Producer Is In Trouble
ZeroHedge - Feb 19th 2020 12:30pm EST The World’s Top LNG Producer Is In Trouble Authored by Cyril Widdershoven via OilPrice.com, Global LNG markets are struggling with a glut of unprecedented levels… International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is pushing down prices further. Analysts have warned before that a possible […]
As China Grinds To A Halt, Firms Can No Longer Afford To Pay Workers
ZeroHedge - Feb 19th 2020 12:15pm EST As China Grinds To A Halt, Firms Can No Longer Afford To Pay Workers With every passing day that its economic disintegration is not reversed, China inches closer to what may be a very violent tipping point, one which sets billions of angry, starving, broke and quarantined citizens against the communist party oligarchy. As China’s […]
Bernie Sanders’ Long History Of Pushing Government Takeovers Of Private Markets
ZeroHedge - Feb 19th 2020 12:00pm EST Bernie Sanders’ Long History Of Pushing Government Takeovers Of Private Markets Authored by Mitch Nemeth via The Mises Institute, Socialist ideas have taken a hold on some of the more progressive members of the Democratic Party, namely Senator Bernie Sanders. The latest NBC/Wall Street Journal poll, however, may provide Senator Sanders with a reason for concern. […]
Blue Apron On The Brink? Seeks Funds Or A Sale As It Closes Facility
ZeroHedge - Feb 19th 2020 11:36am EST Blue Apron On The Brink? Seeks Funds Or A Sale As It Closes Facility Meal kit delivery startup Blue Apron was Wall Street’s most promising IPO in 2017. Now it is “evaluating a broad range of strategic options” that could result in an additional money raise, sale, and or even bankruptcy. “There can be no […]
Wuhan Mother Speaks Out: “No Beds, No Medicine, All Lies”
ZeroHedge - Feb 19th 2020 11:15am ESTWuhan Mother Speaks Out: “No Beds, No Medicine, All Lies” Authored by Mike Shedlock via MishTalk, Here’s a heart wrenching video of a Wuhan mother who cannot take the lies anymore. Wuhan Mother Speaks Out Select Transcript Quotes Only normal citizens are suffering. The government does not care about us. We can’t buy medicine with […]
“Glitch” Or Hack: Countless Fidelity Accounts Showing Zero Balance
ZeroHedge - Feb 19th 2020 11:01am EST “Glitch” Or Hack: Countless Fidelity Accounts Showing Zero Balance While stocks are hitting fresh all time highs, bringing joy and spreading the “wealth effect” across America, clients of the Fidelity brokerage are having a rather shitty day because due to a glitch, or perhaps a hack, countless accounts are currently showing a zero balance, or […]
All Eyes On Bloomberg As Vegas Debate Marks First Clash With Candidates
ZeroHedge - Feb 19th 2020 10:55am EST All Eyes On Bloomberg As Vegas Debate Marks First Clash With Candidates 2020 Democratic presidential candidates will take the stage tonight for what will be their last opportunity to impress Nevada voters before Saturday’s statewide caucuses – the third nominating contest in the race. Getty Images via The Hill And while Vermont socialist Bernie Sanders […]
Digging For Value In A Pile Of Manure
ZeroHedge - Feb 19th 2020 10:40am EST Digging For Value In A Pile Of Manure Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, There is an old story about a little boy who was such an extreme optimist that his worried parents took him to a psychiatrist. The doctor decided to try to temper the young boy’s optimism by ushering him […]
Trump Accuses “Mini Mike” Of “Sinister” Campaign Violations Ahead Of Dem Debate Debut
ZeroHedge - Feb 19th 2020 10:12am EST Trump Accuses “Mini Mike” Of “Sinister” Campaign Violations Ahead Of Dem Debate Debut Three months after launching his campaign for president, billionaire media and financial data mogul Mike Bloomberg will make his debut in the Democratic debates Wednesday night as the remaining candidates face off in Las Vegas. He has yet to compete in a […]
To The Moon, Alice! Virgin Galactic Options Volume Explode As Retail Piles In
ZeroHedge - Feb 19th 2020 10:00am EST To The Moon, Alice! Virgin Galactic Options Volume Explode As Retail Piles In In case you missed it… there’s a futurist, technology stock that has utterly exploded higher this year against a background of absolutely nothing new fundamentally. No, it’s not Tesla. It’s Richard Branson’s Virgin Galactic (SPCE)… which as of yesterday’s highs was up […]
China Prepares To Nationalize Systematically-Important HNA Group
ZeroHedge - Feb 19th 2020 9:51am EST China Prepares To Nationalize Systematically-Important HNA Group The last time we looked closely at China’s “big four” conglomerates, HNA, Anbang, Evergrande and Dalian Wanda, was back in lat 2017 in the context of the systemic risk (i.e. record debt) that these companies had accumulated as part of their tremendous offshore M&A spree in prior years […]
