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  • 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 […]

  • Blain: “The Market Likes Trump – He Makes Participants Rich”

    ZeroHedge - Feb 14th 2020 11:55am EST

    Blain: “The Market Likes Trump – He Makes Participants Rich” Blain’s Morning Porridge, submitted by Bill Blain of Shard Capital “All political lives end in failure…” What a week: Covid19 virus out of control? Fears of global recession? Tesla doing a $2 bln rights issues (which I can’t fault: impeccable timing and signposted clearly by […]

  • Minerd: There Is A “Stunning Cognitive Dissonance” Just Like Before The Start Of World War II

    ZeroHedge - Feb 14th 2020 11:35am EST

    Minerd: There Is A “Stunning Cognitive Dissonance” Just Like Before The Start Of World War II Guggenheim Partners’ Scott Minerd warned in a new market outlook titled “Peace for Our Time: The coronavirus is a looming economic problem” that the Covid-19 outbreak in China is the latest red flag for investors could prick the corporate debt bubble.  Minerd says, […]

  • An Establishment In Panic?

    ZeroHedge - Feb 14th 2020 11:15am EST

    An Establishment In Panic? Authored by Pat Buchanan via Buchanan.org, From the day he entered the race, Joe Biden was the great hope of the Democratic establishment to spare them from the horrifying prospect of a 2020 race between The Donald and Bernie Sanders. Today, that same establishment wants Joe out of the race. Why […]

  • Smoking Gun? Chinese Scientist Finds “Killer Coronavirus Probably Originated From A Laboratory In Wuhan”

    ZeroHedge - Feb 14th 2020 10:58am EST

    Smoking Gun? Chinese Scientist Finds “Killer Coronavirus Probably Originated From A Laboratory In Wuhan” The uncertainty and the debate over the origins of the coronavirus pandemic are growing with each passing day. One week after the White House asked scientists to finally investigate whether the Covid-19 virus was bio-engineered (i.e., created in a lab), none […]

  • Nissan Slashes Profit Guidance By 43% As Auto Industry Plunges Deeper Into Recessionary Abyss

    ZeroHedge - Feb 14th 2020 10:35am EST

    Nissan Slashes Profit Guidance By 43% As Auto Industry Plunges Deeper Into Recessionary Abyss For nearly 18 months we have been keeping a close eye on the recession occurring globally in the auto industry, most recently highlighting both a collapse in Chinese sales for January 2020 and the continued impact that the coronavirus outbreak is […]

  • “Harrowing Reality” – Central Bankers Clueless About Implications Of World Financial System Interlinkages

    ZeroHedge - Feb 14th 2020 10:15am EST

    “Harrowing Reality” – Central Bankers Clueless About Implications Of World Financial System Interlinkages Authored by Richard Breslow via Bloomberg, It’s Friday before a long weekend in the U.S. I expect that, barring any unexpected news, shortly after the University of Michigan data is out, many traders will be thinking about their Valentine’s Day plans rather […]

  • UMich Sentiment Surges For 6th Straight Month Led By ‘Hope’

    ZeroHedge - Feb 14th 2020 10:08am EST

    UMich Sentiment Surges For 6th Straight Month Led By ‘Hope’ Having rebounded on a sea of central-bank-liquidity-fueled-stock-market-enthusiasm, the reality of a global pandemic and economic reality are expected to notch American consumers’ confidence down in January, but ever-resilient, preliminary February UMich Sentiment rose for the 6th straight month to its highest since March 2018… Source: […]

  • Dems Demand Barr Resign, Float Second Trump Impeachment Over Roger Stone Controversy

    ZeroHedge - Feb 14th 2020 9:47am EST

    Dems Demand Barr Resign, Float Second Trump Impeachment Over Roger Stone Controversy While Attorney General William Barr continues his investigation into Russiagate for which Sen. Lindsey Graham (R-SC) said ‘half the people are going to jail’ if we ‘just hang tight,’ Democrats across the board are calling for his resignation – or impeachment, following his […]

  • Rabobank: “There Is Genuine Confusion On How Many People Are Being Tested; How They Are Tested; And How Many Are Actually Dead”

    ZeroHedge - Feb 14th 2020 9:30am EST

    Rabobank: “There Is Genuine Confusion On How Many People Are Being Tested; How They Are Tested; And How Many Are Actually Dead” Submitted by Michael Every of Rabobank Happy Valentine’s Day as well as Happy Friday. As markets try to focus in on the latest developments on the Coronavirus they see that events of truly […]

  • US Manufacturing Production Contracts For 7th Straight Month, Capacity Utilization Tumbles

    ZeroHedge - Feb 14th 2020 9:21am EST

    US Manufacturing Production Contracts For 7th Straight Month, Capacity Utilization Tumbles After falling for 3 of the last 4 months, and following Germany’s disastrous January print, US Industrial Production was expected to drop by 0.2% but yet again it disappointed, falling 0.3% MoM. Source: Bloomberg This means US Industrial Production has contracted year-over-year for 5 […]

  • ‘It’s Coming’: CDC Director Warns Coronavirus To Become Widespread Throughout United States, ‘Probably Beyond 2020’

    ZeroHedge - Feb 14th 2020 9:05am EST

    ‘It’s Coming’: CDC Director Warns Coronavirus To Become Widespread Throughout United States, ‘Probably Beyond 2020’ The extremely virulent coronavirus which is sweeping through China’s Hubei province like wildfire will eventually gain a foothold in the United States – becoming a ‘community virus’ this year or next, according to CDC Director Dr. Robert Redfield. “We don’t […]

  • Can Bloomberg Win Texas? The Presidency? Why Not?

    ZeroHedge - Feb 14th 2020 8:45am EST

    Can Bloomberg Win Texas? The Presidency? Why Not? Authored by Mike Shedlock via MishTalk, Bloomberg’s odds of winning the nomination, then presidency, are high and rising. Let’s investigate why. Spotlight Bernie Sanders Bernie Sanders, the radical left-wing Socialist darling is widely thought to be way in the lead. Nate Silver at 538 says Sanders Is The […]

  • Headline Retail Sales Steady In January, Control Group Disappointment Sparks GDP Growth Anxiety

    ZeroHedge - Feb 14th 2020 8:38am EST

    Headline Retail Sales Steady In January, Control Group Disappointment Sparks GDP Growth Anxiety After December’s massive surge in consumer revolving debt (i.e. credit card spending), one might have expected a retail spending ‘hangover’ of sorts in January but headline data came in up 0.3% MoM, as expected. Source: Bloomberg Core retail sales (es autos/gas) rose […]

  • The Violent Collision Of Market Fantasy And Viral Reality

    ZeroHedge - Feb 14th 2020 8:20am EST

    The Violent Collision Of Market Fantasy And Viral Reality Authored by Charles Hugh Smith via OfTwoMinds blog, When the stampede tumbles off the cliff, buyers vanish and markets go bidless. The shock wave unleashed in China on January 23 is about to hit the U.S. economy and shatter everything that is fragile and fantasy, starting […]

  • Tesla Prices Offering At $767 Despite Warning About Coronavirus, SEC Subpoena, & Chinese Model X Recalls

    ZeroHedge - Feb 14th 2020 8:04am EST

    Tesla Prices Offering At $767 Despite Warning About Coronavirus, SEC Subpoena, & Chinese Model X Recalls Tesla stock is volatile in early trading on Friday morning after the company announced that it priced its recent $2 billion stock offering at an astronomical $767 per share. For the company, it is an impressive valuation to raise […]

  • S&P Futures Hit New All Time High On Coronahope

    ZeroHedge - Feb 14th 2020 7:48am EST

    S&P Futures Hit New All Time High On Coronahope And just like that, “Coronahope”, i.e., the market’s entirely unfounded and groundless optimism that the coronavirus pandemic is contained, is back, and pushing stocks to fresh record highs. Until two days ago, the roughly 5,000 increase in official new Chinese infected cases would have been the […]

  • China Says Nearly 2,000 Doctors & Nurses Infected As Shortages Of Medical Supplies Persist

    ZeroHedge - Feb 14th 2020 6:46am EST

    China Says Nearly 2,000 Doctors & Nurses Infected As Shortages Of Medical Supplies Persist Summary: China says 1,716 medical workers have been infected Singapore reports largest daily jump in cases Hubei’s new party boss orders quarantine tightened President Xi touts new “biosecurity law” Hong Kong Disney land offers space for quarantine Chinese company says blood […]

  • Royal Caribbean Cancels 18 Cruises As Thousands Remain Trapped Aboard ‘Diamond Princess’

    ZeroHedge - Feb 14th 2020 5:47am EST

    Royal Caribbean Cancels 18 Cruises As Thousands Remain Trapped Aboard ‘Diamond Princess’ Cruise ship operators across the world, especially in Asia, are experiencing a crisis with few precedents. The Covid-19 outbreak that started in China has spread across the region, and around the world – it’s currently confirmed to be present in nearly 30 countries […]

  • “ECB Is Worst-Run Central Bank In The World” – Felix Zulauf Sees 30% Plunge In US Stocks “Taking The World With It”

    ZeroHedge - Feb 14th 2020 5:00am EST

    “ECB Is Worst-Run Central Bank In The World” – Felix Zulauf Sees 30% Plunge In US Stocks “Taking The World With It” By Lauren Rublin, via Barrons.com Felix Zulauf was a member of the Barron’s Roundtable for about 30 years, until relinquishing his seat at our annual investment gathering in 2017. While his predictions were more right than wrong, […]

  • Apocalyptic Footage Shows Millions Of Locusts Swarm Motorist In Africa 

    ZeroHedge - Feb 14th 2020 4:15am EST

    Apocalyptic Footage Shows Millions Of Locusts Swarm Motorist In Africa  As if the COVid-19 breakout across the world wasn’t enough, there’s another rare occurrence of an apocalyptic event unfolding across east African countries as hundreds of millions of locusts descend on farm fields and cities.  These creatures have been reported to travel in swarms of […]

  • UK Government Approves Net Censorship – British Free Speech Dies

    ZeroHedge - Feb 14th 2020 3:30am EST

    UK Government Approves Net Censorship – British Free Speech Dies Authored by Mark Angelides via LibertyNation.com, The United Kingdom has become the first Western nation to move ahead with large-scale censorship of the internet, effectively creating regulation that will limit freedom on the last frontier of digital liberty. In a move that has the nation reeling, Prime […]

  • Tent Cities, Troop Surge & Tanks Pouring In: Reasons Why The ‘Final War’ For Idlib Has Begun

    ZeroHedge - Feb 14th 2020 2:45am EST

    Tent Cities, Troop Surge & Tanks Pouring In: Reasons Why The ‘Final War’ For Idlib Has Begun In the next weeks and months, Idlib is set to be front and center once again in world headlines. Not only have the Turkish and Syrian armies engaged in direct clashes since the weekend — with dozens of casualties on […]

  • Hungarian Foreign Minister Warns UN’s Push For Mass Migration Threatens “Whole Of Humanity”

    ZeroHedge - Feb 14th 2020 2:00am EST

    Hungarian Foreign Minister Warns UN’s Push For Mass Migration Threatens “Whole Of Humanity” Authored by Paul Joseph Watson via Summit News, Hungarian foreign minister Péter Szijjárt warns that the United Nations is spending money on facilitating a program of mass migration that threatens the “whole of humanity.” Instead of spending money on counter-terrorism, the UN […]