News From ZeroHedge, Page 3281

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  • China Admits That More Than Half A Million People Have Had “Close Contact” With The Infected

    ZeroHedge - Feb 14th 2020 6:45pm EST

    China Admits That More Than Half A Million People Have Had “Close Contact” With The Infected Beijing’s bug push to get everybody back to work isn’t going so well. And just as health experts warned President Xi before he gave the order, the decision to try to get some of the economy churning again has […]

  • Debt, Deficits, & The Path To MMT

    ZeroHedge - Feb 14th 2020 6:25pm EST

    Debt, Deficits, & The Path To MMT Authored by Lance Roberts via RealInvestmentAdvice.com, In September 2017, when the Trump Administration began promoting the idea of tax cut legislation, I wrote a series of articles discussing the fallacy that tax cuts would lead to higher tax collections, and a reduction in the deficit. To wit: “Given today’s […]

  • While Sanders Lead Pack In Primary Polls, Oddsmaker Has Bloomberg Beating Trump In General Election

    ZeroHedge - Feb 14th 2020 6:05pm EST

    While Sanders Lead Pack In Primary Polls, Oddsmaker Has Bloomberg Beating Trump In General Election While Bernie Sanders (I-VT) is now favored to be the likely Democratic nominee following Joe Biden’s implosion, Democratic voters are going to need to think long and hard about whether a socialist whose policies would wreak economic havoc can possibly […]

  • Roger Stone Demands New Trial After Anti-Trump Juror Outs Herself Over Social Media

    ZeroHedge - Feb 14th 2020 5:45pm EST

    Roger Stone Demands New Trial After Anti-Trump Juror Outs Herself Over Social Media Former Trump adviser Roger Stone requested a new trial on Friday just one day after the lead juror in his November trial hates President Trump and actively posted anti-Trump material online during the trial. Stone’s new lawyers requested the new trial on […]

  • Berkshire Buys New Stakes In Kroger, Biogen, SPY, VOO: Full 13-F Summary

    ZeroHedge - Feb 14th 2020 5:25pm EST

    Berkshire Buys New Stakes In Kroger, Biogen, SPY, VOO: Full 13-F Summary Warren Buffett’s Berkshire Hathaway does not make many changes in its long US stock portfolio, which is why when there are previously unannounced changes, it tends to make waves. And sure enough, the reason why both supermarket chain Kroger and biotech company Biogen […]

  • Shocking Video Shows People On The Street Being Rounded Up As Wuhan Begins ‘Wartime’ Measures

    ZeroHedge - Feb 14th 2020 4:45pm EST

    Shocking Video Shows People On The Street Being Rounded Up As Wuhan Begins ‘Wartime’ Measures Ying Yong, known across China for his success as governor of Shanghai, has just been installed as the top Communist Party official in Hubei Province. With the party investing so much in his performance, it’s understandable that he’s resorting to […]

  • What If… The November Election Has To Be Postponed?

    ZeroHedge - Feb 14th 2020 4:25pm EST

    What If… The November Election Has To Be Postponed? Authored by James Howard Kunstler via Kunstler.com, Impure Thoughts What if the Corona virus turns out to be a genuine pandemic with legs, not some punk-ass, flash-in-the-pan bug like SARS… and infects hundreds of millions around the world…? And what if it happens to go logarithmic in […]

  • Bonds, Bitcoin, & Bullion Bid As ‘Quarantative Easing’ Hopes Send Stocks Soaring

    ZeroHedge - Feb 14th 2020 4:01pm EST

    Bonds, Bitcoin, & Bullion Bid As ‘Quarantative Easing’ Hopes Send Stocks Soaring Deaths (and Cases) from the Covid-19 virus exploded higher this week… And so did global stocks… As hope for renewed liquidity has maintained stocks… Source: Bloomberg Spot The Odd One Out! And while stocks surged, bonds, commodities, yuan, and cryptos are all ignoring […]

  • China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero

    ZeroHedge - Feb 14th 2020 3:45pm EST

    China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero In our ongoing attempts to glean some objective insight into what is actually happening “on the ground” in the notoriously opaque Chinese economy which has been hammered by the Coronavirus epidemic, yesterday we showed several “alternative” economic indicators such as real-time measurements of air […]

  • Red Scare: Love Is Never Having To Say You’re Socialist

    ZeroHedge - Feb 14th 2020 3:30pm EST

    Red Scare: Love Is Never Having To Say You’re Socialist Authored by Jonathan Turley, On this Valentine’s Day, the Democratic establishment is sending out its equivalent of “forget me nots” saying “Love is never having to say you’re Socialist.” Alarm over the surge of Bernie Sanders has turned widespread alarm in Democratic and media circles […]

  • “Bullshit Earnings”: Charlie Munger Slams Companies Who Use “Ridiculous” Adjusted EBITDA To Report Earnings

    ZeroHedge - Feb 14th 2020 3:15pm EST

    “Bullshit Earnings”: Charlie Munger Slams Companies Who Use “Ridiculous” Adjusted EBITDA To Report Earnings Amidst the nonsense, folly and euphoria of the last decade long bull market, a small beacon of hope shines in the form of Warren Buffett’s business partner. These days, the reporting of financial metrics has wandered so far off the path […]

  • How China Is Censoring Coronavirus Critics In The US

    ZeroHedge - Feb 14th 2020 3:00pm EST

    How China Is Censoring Coronavirus Critics In The US Authored by Mac Slavo via SHTFplan.com, The Chinese government is all about censorship, and this time, they are being effective at silencing coronavirus critics in the United States.  As Chinese tech companies have gone global, so has China’s ability to censor information outside of the mainland. […]

  • Election Meddling? White House Plans Tax Incentives For Mom-And-Pop To Buy Stocks

    ZeroHedge - Feb 14th 2020 2:47pm EST

    Election Meddling? White House Plans Tax Incentives For Mom-And-Pop To Buy Stocks In what we are sure will be considered ‘election meddling’ at best, or at worst, the greatest institutional-to-retail distribution – at record high valuations – ever; CNBC reports that as part of a forthcoming package of proposed tax cuts, the White House is […]

  • Happy Valentines Day (Except If You’re A Trump Supporter)

    ZeroHedge - Feb 14th 2020 2:34pm EST

    Happy Valentines Day (Except If You’re A Trump Supporter) Authored by Eduardo Neret via CampusReform.org, Ahead of Valentine’s Day, Campus Reform Digital Reporter Eduardo Neret went to Georgetown University in Washington, D.C. to ask students about dating someone with opposite political beliefs.  Many students said they would not date someone with opposite political beliefs and explained that […]

  • “Creepy Porn Lawyer” Avenatti Found Guilty On All Charges Of Extorting Nike

    ZeroHedge - Feb 14th 2020 2:22pm EST

    “Creepy Porn Lawyer” Avenatti Found Guilty On All Charges Of Extorting Nike Disgraced lawyer Michael Avenatti was convicted Friday of all three charges related to his efforts to extort up to $25 million from athletic apparel giant Nike. The verdict in U.S. District Court in Manhattan came several after Avenatti represented porn star Stormy Daniels […]

  • BofA: We Are Witnessing The Biggest Asset Bubble Ever Created By A Central Bank

    ZeroHedge - Feb 14th 2020 2:10pm EST

    BofA: We Are Witnessing The Biggest Asset Bubble Ever Created By A Central Bank Back in March 2018, when commenting on what was then the 2nd longest central-bank induced bull market of all time (it is now the longest ever) Bank of America’s CIO Michael Hartnett pointed out that “bull market leadership has been in […]

  • Barr Assigns Outside Prosecutor To Review Flynn Witch Hunt

    ZeroHedge - Feb 14th 2020 1:50pm EST

    Barr Assigns Outside Prosecutor To Review Case Against Flynn A week of two-tiered legal shenanigans was capped off on Friday with a New York Times report that Attorney General William Barr has assigned an outside prosecutor to scrutinize the government’s case against former Trump national security adviser Michael Flynn, which the Times suggested was “highly […]

  • Will The Coronavirus Trigger A Recession?

    ZeroHedge - Feb 14th 2020 1:35pm EST

    Will The Coronavirus Trigger A Recession? Authored by Patrick Hill via RealInvestmentAdvice.com, As if waking up to an economic nightmare, investors see headlines like these and many others flashing across their Bloomberg terminals: Facebook says Oculus headphone production will be delayed due to virus Apple extends country wide store closing for another week Foxconn delays […]

  • Pentagon Moves To Finally Cut Off Sales Of American Chips To Huawei

    ZeroHedge - Feb 14th 2020 1:20pm EST

    Pentagon Moves To Finally Cut Off Sales Of American Chips To Huawei The Pentagon has followed through with threats to drop its opposition to tighter sales restrictions involving American-made components, the WSJ reports, signaling that the Trump Administration is adopting a policy of no mercy as Germany’s legislature prepares to make an important decision that […]

  • “Outsized Headaches & Disappointment” – T Rowe Price Trounces “Terrible” WeWork Investment

    ZeroHedge - Feb 14th 2020 1:05pm EST

    “Outsized Headaches & Disappointment” – T Rowe Price Trounces “Terrible” WeWork Investment T Rowe Price trounced WeWork in a Securities and Exchange Commission (SEC) filing on Thursday, calling its investment in the shared office space startup a “debacle.” The filing said WeWork is a “terrible investment” and has been nothing more than “outsized headaches and disappointments.” T Rowe’s Mid-Cap […]

  • United Pulls Boeing 737 MAX From Schedule Until September 4

    ZeroHedge - Feb 14th 2020 12:54pm EST

    United Pulls Boeing 737 MAX From Schedule Until September 4 And just like that, all those hopes and optimistic dreams that the notorious killing machine designed by clowns, supervised by monkeys known as the 737 MAX will be returning to the air around June, following recent “hopeful” comments by the FAA, have gone poof. One […]

  • Bloomberg Using Fortune To “Fundamentally Alter & Manipulate US Politics”

    ZeroHedge - Feb 14th 2020 12:45pm EST

    Bloomberg Using Fortune To “Fundamentally Alter & Manipulate US Politics” With Joe Biden’s 2020 aspirations melting like a Nazi who just opened the Ark, moderate Democrats who won’t vote for a socialist or are perhaps uncomfortable with ‘non-binary’ cabinet appointees are left with two choices; Pete Buttigieg or Michael Bloomberg. And based on the most […]

  • McCabe’s Crimes Go Unpunished

    ZeroHedge - Feb 14th 2020 12:31pm EST

    Fired FBI Deputy Director McCabe Won’t Face Charges For Lying, Lawyers Claim With General Flynn battling the system (and his previous legal team), and Roger Stone’s case jumping from re-trial to a now-withdrawn reccomendation of up to nine years in jail, it will come as no surprise that, according to  The New York Times, former deputy F.B.I. director Andrew […]

  • Attention Tesla Bears: The Man Responsible For Your Suffering Is Now In Charge Of Wuhan’s Coronavirus Response

    ZeroHedge - Feb 14th 2020 12:15pm EST

    Attention Tesla Bears: The Man Responsible For Your Suffering Is Now In Charge Of Wuhan’s Coronavirus Response Remember this guy? His name is Ying Yong, and until Friday, he was the mayor of Shanghai, and in that capacity, presided over several important Beijing-approved experiments in capitalist market liberalization. One of those was recruiting (or rather, […]

  • Goldman Cuts Brent Forecast By $10 To $53, Sees Chinese Oil Demand Plunging By 4 Million bpd

    ZeroHedge - Feb 14th 2020 11:57am EST

    Goldman Cuts Brent Forecast By $10 To $53, Sees Chinese Oil Demand Plunging By 4 Million bpd Just days after OPEC slashed its oil demand forecast as a result of the slowdown in China’s economy due to the Covid-19, moments ago Goldman has doubled down on its bearish oil take and has cut its oil […]