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  • UBS’ Flagship Real-Estate Fund Hit With $7 BIllion In Redemptions

    ZeroHedge - Feb 11th 2020 1:07pm EST

    UBS’ Flagship Real-Estate Fund Hit With $7 BIllion In Redemptions The pain for active investors who have underperformed the broader market for over a decade, has claimed its first notable casualty for 2020: according to the WSJ, the flagship real-estate fund of Swiss banking giant UBS has been hit with about $7 billion in redemption […]

  • Why Is The Government Turning 11 Military Bases Inside The US Into Quarantine Camps?

    ZeroHedge - Feb 11th 2020 12:45pm EST

    Why Is The Government Turning 11 Military Bases Inside The US Into Quarantine Camps? Authored by Michael Snyder via TheMostImportantNews.com, If this coronavirus outbreak is not a serious threat, then why is the U.S. government preparing to quarantine victims all over America? As you will see below, 11 U.S. military bases located close to major […]

  • Space Force Commander Confirms Multi-Billion-Dollar US Spy Satellite Being Trailed By Russian Spacecraft

    ZeroHedge - Feb 11th 2020 12:25pm EST

    Space Force Commander Confirms Multi-Billion-Dollar US Spy Satellite Being Trailed By Russian Spacecraft “We view this behavior as unusual and disturbing,” Gen. John ‘Jay’ Raymond, commander of the newly minted U.S. Space Force, told TIME about a pair of Russian spacecraft that are tailing a multibillion-dollar U.S. spy satellite hundreds of miles above the Earth’s surface. […]

  • Buchanan: Long Before Trump, We Were A Divided People

    ZeroHedge - Feb 11th 2020 12:05pm EST

    Buchanan: Long Before Trump, We Were A Divided People Authored by Patrick Buchanan via Buchanan.org, In a way, Donald Trump might be called The Great Uniter. Bear with me. No Republican president in the lifetime of this writer, not even Ronald Reagan, united the party as did Trump in the week of his acquittal in […]

  • MAGA-Tech Stocks Stumble After FTC Starts Probe Of Past Acquisitions

    ZeroHedge - Feb 11th 2020 11:49am EST

    MAGA-Tech Stocks Stumble After FTC Starts Probe Of Past Acquisitions The Federal Trade Commission has just announced that it will issue special orders to Alphabet, Amazon, Apple, Facebook, and Microsoft in order to probe the purpose of acquisitions they made between January 2010 and December 31, 2019. That has sent all of the so-called MAGA […]

  • ‘Worse Impact Than SARS’ – China Home Sales Crash In First Week Of February

    ZeroHedge - Feb 11th 2020 11:45am EST

    ‘Worse Impact Than SARS’ – China Home Sales Crash In First Week Of February Bloomberg cited a new report via China Merchants Securities (CMSC) that said new apartment sales crashed 90% in the first week of February over the same period last year. Sales of existing homes in 8 cities plunged 91% over the same period. […]

  • Boeing Slides On No New Airplane Orders In January

    ZeroHedge - Feb 11th 2020 11:26am EST

    Boeing Slides On No New Airplane Orders In January Boeing shares slid half a percent on the news that the Chicago-based airplane manufacturer sold zero commercial planes in January. January is typically a slow month for the planemaker, however, with the grounding of the 737 Max and production halted, this was the first time the […]

  • Judge Postpones Flynn Sentencing… Again

    ZeroHedge - Feb 11th 2020 11:26am EST

    Judge Postpones Flynn Sentencing… Again Authored by Jonathan Turley, The Justice Department has secured yet another postponement of sentencing for former national security adviser Michael Flynn. Even though the Justice Department recently dropped its demand for jail time, it appears to be continuing its scorched Earth campaign against Flynn. It is demanding that Flynn waive attorney-client […]

  • Cruise Ship With 0 Coronavirus Cases Refused Entry By 5th Country As Supplies Run Low

    ZeroHedge - Feb 11th 2020 11:05am EST

    Cruise Ship With 0 Coronavirus Cases Refused Entry By 5th Country As Supplies Run Low Thailand became the fifth country to refuse entry to the cruise ship Westerdam, which is run by Carnival Cruise, the same company that runs the ‘Diamond Princess’, the ship that is currently host to the largest nCoV outbreak outside mainland […]

  • Biden: “We Could Run Mickey Mouse Against Trump” And Win

    ZeroHedge - Feb 11th 2020 10:52am EST

    Biden: “We Could Run Mickey Mouse Against Trump” And Win Having ‘attacked’ Democratic Presidential nominee front-runner Bernie Sanders for his “socialist” leanings, former front-runner Joe Biden then backed off this morning during an interview with MSNBC. “Talk about baggage, man, you know, you’re going into all the states as a democratic socialist,” Biden said. “How […]

  • WHO Names Virus ‘COVID-19’, Warns “Must Do Everything Now… Vaccine Will Take 18 Months”

    ZeroHedge - Feb 11th 2020 10:51am EST

    WHO Names Virus ‘COVID-19’, Warns “Must Do Everything Now… Vaccine Will Take 18 Months” Update (Feb. 11): The World Health Organization (WHO) continues to downplay media reports of drug breakthroughs against the COVID-19 outbreak. WHO Director-General Dr. Tedros Adhanom Ghebreyesus said Tuesday that the first vaccine against COVID-19 “could be ready in 18 months, so […]

  • Rabobank: Forever “Looking Up?” – Reflections On A Blinkered (Or Schizophrenic) Market

    ZeroHedge - Feb 11th 2020 10:35am EST

    Rabobank: Forever “Looking Up?” – Reflections On A Blinkered (Or Schizophrenic) Market Authored by Michael Every via Rabobank, Looking up?  That’s certainly how equity markets are trading the virus – again. No surprises there, really. At present, one could have a headline screaming “Killer asteroid to hit earth!” on Monday morning, and by lunch-time the equity market […]

  • Labor Market Hits A Brick Wall: Job Openings Post Biggest Two-Month Drop In History

    ZeroHedge - Feb 11th 2020 10:19am EST

    Labor Market Hits A Brick Wall: Job Openings Post Biggest Two-Month Drop In History While one wouldn’t know it by looking at the BLS’ jobs report, which in January showed that a whopping 225K jobs were added, the JOLTS report issued moments ago showed a vastly different picture, one which if one didn’t know better […]

  • 13th US Virus Case Confirmed In San Diego; China Fires 2 Top Health Officials Over Botched Response

    ZeroHedge - Feb 11th 2020 8:14am EST

    13th US Virus Case Confirmed In San Diego; China Fires 2 Top Health Officials Over Botched Response Summary: 13th case diagnosed in San Diego was evacuee rescued from Wuhan, she was briefly accidentally released China death toll tops 1,000, globally cases top 40k CNBC’s Eunice Yoon reports on China’s sluggish ‘return to work’ Hong Kong […]

  • Under Armour Shares Crash, Blames China

    ZeroHedge - Feb 11th 2020 8:10am EST

    Under Armour Shares Crash, Blames China Under Armour shares slid 14% Tuesday morning after the Baltimore-based athletic company posted an unexpected fourth-quarter loss.  The company forecasted a surprise drop in 2020 revenue, mostly due to weakness in North America. It then warned that the coronavirus outbreak in China would dent sales in one of its […]

  • Hong Kong Coronavirus Expert Warns Outbreak Could Infect “Between 60%-80%” Of Humanity, Causing 51 Million Deaths

    ZeroHedge - Feb 11th 2020 6:04am EST

    Hong Kong Coronavirus Expert Warns Outbreak Could Infect “Between 60%-80%” Of Humanity, Causing 51 Million Deaths The city of Hong Kong and its 7 million+ residents have reason to be extremely anxious about the nCoV outbreak that has already caused more than 1,000 deaths on the mainland. Back in 2003, SARS ripped through the densely […]

  • Sadiq Khan Reveals “Diversity In Advertising” Winner; Features Zero White People

    ZeroHedge - Feb 11th 2020 5:00am EST

    Sadiq Khan Reveals “Diversity In Advertising” Winner; Features Zero White People Authored by Paul Joseph Watson via Summit News, London Mayor Sadiq Khan revealed the winner of an award for “diversity in advertising” which featured, you guessed it, zero white people. “London’s greatest strength is our diversity, so we challenged advertisers to produce ads that […]

  • Italy’s Largest Bank Firing 6,000 To Boost Stock Buybacks

    ZeroHedge - Feb 11th 2020 4:15am EST

    Italy’s Largest Bank Firing 6,000 To Boost Stock Buybacks While China is seeking to contain a viral epidemic that targets humans, Europe has been fighting an epidemic of its own, one which instead of targeting humans focuses on banks, and instead of a viral vector the European contagion is spread by negative interest rates. With […]

  • Has Europe Really Turned The Corner?

    ZeroHedge - Feb 11th 2020 3:30am EST

    Has Europe Really Turned The Corner? Authored by Wolfgang Bauer via BondVigilantes.com, Lately a growing number of indicators have suggested that the European economy might be out of the woods, heading towards a more robust recovery. For instance, while European inflation remains significantly below the ECB’s inflation target of close to but below 2%, it […]

  • Storm Helps British Airways Break Transatlantic Record

    ZeroHedge - Feb 11th 2020 2:45am EST

    Storm Helps British Airways Break Transatlantic Record It takes a conventional passenger airliner 6 hours and 13 minutes to fly from New York to London on average, according to flight-tracking website Flightradar24. On Sunday morning, a British Airways Boeing 747 completed the journey in just four hours and 56 minutes, smashing the previous record for a conventional […]

  • Europe Can’t Afford A New “Green Deal”

    ZeroHedge - Feb 11th 2020 2:00am EST

    Europe Can’t Afford A New “Green Deal” Authored by Andrew Moran via The Mises Institute, Today’s brand of the left-leaning politician is all about substituting what sounds good for what actually works. Modern politics, whether in the US or Europe, is about taking a chainsaw to everything that produced even a modicum of success to appease the […]

  • The USA’s Doll House: A Vast Tapestry Of Lies And Illusions

    ZeroHedge - Feb 11th 2020 12:05am EST

    The USA’s Doll House: A Vast Tapestry Of Lies And Illusions Authored by Edward Curtin via Off-Guardian.org, It never happened. Nothing ever happened. Even while it was happening it wasn’t happening. It didn’t matter. It was of no interest. The crimes of the United States have been systematic, constant, vicious, remorseless, but very few people […]

  • Meanwhile In Brazil… Scientists Discover ‘Puzzling’ Virus Of Unknown Origins Without Recognizable Genes

    ZeroHedge - Feb 10th 2020 11:45pm EST

    Meanwhile In Brazil… Scientists Discover ‘Puzzling’ Virus Of Unknown Origins Without Recognizable Genes The findings of a new virus by Brazilian researchers have ‘puzzled’ the scientific community, consisting of unrecognizable genes, a new study revealed, published in bioRxiv. The “mysterious” virus was discovered in amoebas in an artificial lake in Brazil has been considered the world’s […]

  • Here’s Why Airport Facial Recognition Is A Nightmare

    ZeroHedge - Feb 10th 2020 11:25pm EST

    Here’s Why Airport Facial Recognition Is A Nightmare Authored by Edward Hasbrouk via PapersPlease.org, The ACLU has released an important white paper on airport facial recognition by ACLU senior policy analyst Jay Stanley. Citing some of our previous reporting and analysis, the ACLU white paper focuses, appropriately, not so much on the details of current use of facial recognition at […]

  • Massive Auto Inventory Begins To Stockpile As Coronavirus Zaps An Already Anemic Chinese Car Market

    ZeroHedge - Feb 10th 2020 11:05pm EST

    Massive Auto Inventory Begins To Stockpile As Coronavirus Zaps An Already Anemic Chinese Car Market Things couldn’t possibly be looking any worse for the Chinese auto industry. Even before the coronavirus scare, the industry had already been mired in a steep recession that we have been covering at length for nearly the last two years. To […]