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  • Bolton Admits Testimony Based On Leaked Book Excerpts Would Have Been Impeachment Nothingburger

    ZeroHedge - Feb 20th 2020 4:45pm EST

    Bolton Admits Testimony Based On Leaked Book Excerpts Would Have Been Impeachment Nothingburger Former National Security Advisor John Bolton told an audience at Vanderbilt University on Wednesday night that his testimony in President Trump’s impeachment proceedings would have had no impact on the outcome of the trial, despite assurances from Congressional Democrats of game-changing revelations […]

  • On Leaving California: “I’ve Watched Grown Adults Dress Up As Vaginas & Parade The Streets”

    ZeroHedge - Feb 20th 2020 4:25pm EST

    On Leaving California: “I’ve Watched Grown Adults Dress Up As Vaginas & Parade The Streets” Authored by ‘NicklethroweR’ via The Burning Platform, Ventura Highway in the sunshine Where the days are longer The nights are stronger Than moonshine You’re gonna go I know -America The fabled Ventura Highway is all that separates my artist loft […]

  • European Close Sparks Buying-Panic Bid After Morning Momo Massacre

    ZeroHedge - Feb 20th 2020 4:00pm EST

    European Close Sparks Buying-Panic Bid After Morning Momo Massacre The head of the WHO says “this is no time for complacency.” Goldman warns “stocks are underestimating the effect of the virus.” Morgan Stanley warns of a “factor crash.” JPMorgan  warned “this bubble will collapse.” Headlines suggesting a major increase in virus cases in Beijing. And […]

  • NYT Reporter Accuses Iran Of ‘Covering Up’ Coronavirus Outbreak

    ZeroHedge - Feb 20th 2020 3:45pm EST

    NYT Reporter Accuses Iran Of ‘Covering Up’ Coronavirus Outbreak Tehran surprised international health authorities yesterday when the Associated Press reported that two Iranians had died in the Iranian city of Qoms after succumbing to COVID-19. Early speculation that the cases might be foreigners, perhaps Chinese nationals, was quickly dispelled: Two Iranians with no recent history […]

  • MGM Seeks To Replace 2,000 Workers With Robots By 2020

    ZeroHedge - Feb 20th 2020 3:30pm EST

    MGM Seeks To Replace 2,000 Workers With Robots By 2020 Authored by Mike Shedlock via MishTalk, Despite a contract that prohibits MGM from using robots to displace workers, the casino seeks to implement those plans. VegasSlotsOnline reports MGM Could Replace Many Employees with Robots MGM, one of the major global casino companies, is considering replacing some […]

  • Meet Nikola Motors’ Stunning EV Pickup Truck Competitor To Tesla’s Cybertruck

    ZeroHedge - Feb 20th 2020 3:15pm EST

    Meet Nikola Motors’ Stunning EV Pickup Truck Competitor To Tesla’s Cybertruck What better name for a company that’s going to compete with Tesla than “Nikola Motors”? Ostensibly looking to draw on all of the good aspects of the Tesla name, while not associating themselves with a CEO who calls national heroes ‘pedos’, threatens journalists or puts forth […]

  • Chinese Regime Deploys 1,600 Online Trolls To Suppress Information On Coronavirus

    ZeroHedge - Feb 20th 2020 3:00pm EST

    Chinese Regime Deploys 1,600 Online Trolls To Suppress Information On Coronavirus Authored by Cathy He and Eva Fu via The Epoch Times, The propaganda department in virus-stricken Hubei Province has engaged over 1,600 censors to scrub the internet of “sensitive” information relating to the coronavirus outbreak, according to an internal document obtained by The Epoch Times. The internal report, […]

  • Billion Dollar Family Offices Now Get Direct Access To Investment Bank Trading Desks

    ZeroHedge - Feb 20th 2020 2:47pm EST

    Billion Dollar Family Offices Now Get Direct Access To Investment Bank Trading Desks In what probably should come as a surprise, but most likely won’t, it appears that multi-billion family offices are getting access to trading desks that smaller offices and retail traders can’t access. We know, you’re shocked. Offices with at least $1 billion are increasingly bypassing […]

  • COVID-19 To Hammer Japan And The Yen

    ZeroHedge - Feb 20th 2020 2:36pm EST

    COVID-19 To Hammer Japan And The Yen Authored by Bruce Wilds via Advancing Time blog, The coronavirus spreading across Asia and the world is very likely to hammer Japan and the yen. Some people consider the Japanese yen a “safe-haven” currency where they can safely store their wealth in times of financial turmoil. This flies […]

  • Assange Seeks Asylum In France As Extradition Trial Approaches

    ZeroHedge - Feb 20th 2020 2:16pm EST

    Assange Seeks Asylum In France As Extradition Trial Approaches Julian Assange will seek asylum in France, according to the Associated Press. Lawyers for the WikiLeaks founder are currently preparing for his lates hearing, where he faces extradition to the United States on 17 criminal charges for unlawfully publishing the names of classified sources, as well […]

  • “It Looks Like A Zombie Apocalypse”: City Streets Deserted Amid Surge In Korean COVID-19 Cases

    ZeroHedge - Feb 20th 2020 2:00pm EST

    “It Looks Like A Zombie Apocalypse”: City Streets Deserted Amid Surge In Korean COVID-19 Cases Seemingly overnight, the public attitude toward the coronavirus outbreak in South Korea has gone from simmering apprehension to full-blown paranoia. And nowhere is that more apparent than in Daegu, the country’s fourth-largest city, with a population of 2.5 million people […]

  • Here’s What Traders Are Saying About Today’s Freak Selloff

    ZeroHedge - Feb 20th 2020 1:43pm EST

    Here’s What Traders Are Saying About Today’s Freak Selloff It came out of nowhere, and once it hit, it was fast and furious and eerily reminiscent of the liquidation-driven meltdowns observed in December 2018. Today’s freak selloff, which peaked just as Europe closed at 1130am ET (suggesting a European fund may have been behind the […]

  • Options Traders Showing No Fear

    ZeroHedge - Feb 20th 2020 1:28pm EST

    Options Traders Showing No Fear Via Dana Lyons’ Tumblr, A historically high percentage of stock option trades are betting on higher prices. Whatever “wall of worry” that has served as a tailwind for stock prices of late has been completely demolished. At least, according to data from the options market. And unlike the UM survey […]

  • NSC Official Moved To Energy Department; White House ‘Rejects Rumors’ She’s Anonymous Anti-Trump Author

    ZeroHedge - Feb 20th 2020 1:12pm EST

    NSC Official Moved To Energy Department; White House ‘Rejects Rumors’ She’s Anonymous Anti-Trump Author The White House has denied rumors that Deputy National Security Adviser Victoria Coates is the author of an anonymous New York Times op-ed and subsequent book criticizing the Trump administration, after Coates was abruptly moved to the Energy Department. Victoria Coates […]

  • Roger Stone Sentenced To More Than Three Years In Prison

    ZeroHedge - Feb 20th 2020 12:36pm EST

    Roger Stone Sentenced To More Than Three Years In Prison Longtime Trump ally Roger Stone was sentenced to 40 months in prison and pay a $20,000 fine on Thursday for witness tampering and lying to Congress. He will be on probation upon his release. Breakdown of Roger Stone’s sentence: COUNT 1 – 40 MONTHS COUNT […]

  • Is This The Start Of The Factor Crash That Morgan Stanley Has Been Warning About

    ZeroHedge - Feb 20th 2020 12:21pm EST

    Is This The Start Of The Factor Crash That Morgan Stanley Has Been Warning About In the past few weeks, there has been much investor speculation whether the recent record crowding in factor investing would have an adverse impact on the broader market. As a reminder, just yesterday, JPM’s Marko Kolanovic called the low-vol (i.e., […]

  • China Injects A Record 5 Trillion Yuan In New Debt To Arrest Economic Crash

    ZeroHedge - Feb 20th 2020 11:55am EST

    China Injects A Record 5 Trillion Yuan In New Debt To Arrest Economic Crash There was a palpable sense of disappointment last night when instead of cutting its benchmark overnight interest rates, Loan Prime Rate, as some – notably Goldman Sachs – had speculated might happen, the PBOC announced that it would only lower its […]

  • Decoding Business Media Speak

    ZeroHedge - Feb 20th 2020 11:35am EST

    Decoding Business Media Speak Authored by Lance Roberts via RealInvestmentAdvice.com, Just recently, the Institutional Investor website published a brilliant piece entitled “Asset Manager B.S. Decoded.” “The investment chief for one institution-sized single-family fortune decided to put pen to paper, translating these overused phrases, sales jargon, and excuses into plain — and satirical — English.” A Translation […]

  • No Mo’ Momo – Gold Soars As Stocks & Bond Yields Suddenly Plunge

    ZeroHedge - Feb 20th 2020 11:22am EST

    No Mo’ Momo – Gold Soars As Stocks & Bond Yields Suddenly Plunge While the catalyst for this sudden move is unclear, the fact is a notable regime shift is underway today in factors as the long-momo-short-value trade is reversing fast as Treasury yields tumble. Is this the start of a September-like reversal As all […]

  • ViaBomb? Media Company Crashes Most in a Decade After Revenue Shortfall

    ZeroHedge - Feb 20th 2020 11:14am EST

    ViaBomb? Media Company Crashes Most in a Decade After Revenue Shortfall ViacomCBS shares crashed Thursday morning, now down 15% at the 29-handle following a disastrous earnings report.  Shares are poised for the worst day in 11 years as the company posts Q4 revenue of $6.87 billion, below analysts’ estimates of $7.36 billion. It reported a net […]

  • WTI Extends Longest Win Streak In 13 Months On Weak Crude Inventory Build

    ZeroHedge - Feb 20th 2020 11:05am EST

    WTI Extends Longest Win Streak In 13 Months On Weak Crude Inventory Build Oil prices continued to surge overnight, despite a bigger than expected crude inventory build reported by API. Up 7 days in a row, WTI has topped $54 on signs of tighter global supply and hopes that Chinese economic stimulus will cushion fuel […]

  • Largest Shipping Decline Since 2009 And That’s Before Coronavirus

    ZeroHedge - Feb 20th 2020 10:50am EST

    Largest Shipping Decline Since 2009 And That’s Before Coronavirus Authored by Mike Shedlock via MishTalk, The January Cass Freight Shipping Index is more bad news for the global economy. The Cass Freight Shipping Index is down 9.4% year-over-year, the largest decline since 2009. And this is for January, before the Coronavirus disruption. The turn of the calendar […]

  • Key Apple Supplier Hynix Tells 800 Workers To Stay Home After Trainee Contracts Virus

    ZeroHedge - Feb 20th 2020 10:35am EST

    Key Apple Supplier Hynix Tells 800 Workers To Stay Home After Trainee Contracts Virus Chipmaker SK Hynix, a key Apple supplier, reported Thursday that a trainee tested positive for Covid-19 at its Icheon, South Korea, facility, reported Reuters. Hynix told 800 employees on Thursday not to return to work and conduct self-quarantining at their homes as […]

  • In Surprise Flip, Turkey Asks US For Patriot Missiles “To Deter” Russia In Idlib

    ZeroHedge - Feb 20th 2020 10:05am EST

    In Surprise Flip, Turkey Asks US For Patriot Missiles “To Deter” Russia In Idlib In a breaking major development in the battle for Idlib, Turkey has reportedly asked the United States for its Patriot missile defense system “to deter” the Russian and Syrian Army offensive in Idlib, reports Bloomberg citing an official in Ankara.  This would constitute a […]

  • Goldman Warns Stocks Are “Underestimating” Virus Impact On Earnings

    ZeroHedge - Feb 20th 2020 9:51am EST

    Goldman Warns Stocks Are “Underestimating” Virus Impact On Earnings One thing is for sure, the coronavirus has been a boon for stock market investors. The biggest global viral killer in decades has left tech stocks around the world up 5-10% (China’s ChiNext +11% since the start of the outbreak)… …and while multiples have expanded dramatically […]