• Hyundai, Kia Factories Crippled In South Korea As Part Suppliers In China Remain ClosedZeroHedge - Feb 4th 2020 11:53am EST

    Hyundai, Kia Factories Crippled In South Korea As Part Suppliers In China Remain Closed A globalized world is full of complex supply chains that wind in and out of countries. When one country goes offline, the chain breaks, and that’s exactly what’s happening in Asia.  Yonhap News reports that Hyundai Motor Co. and its sister Kia […]

  • Tesla Surpasses Netflix, Becomes World’s Most Valuable “Junk” CompanyZeroHedge - Feb 4th 2020 11:34am EST

    Tesla Surpasses Netflix, Becomes World’s Most Valuable “Junk” Company Update (1135ET): Thanks to the parabolic melt-up in Tesla’s share price, its market capitalization has now surpassed that of Netflix… Making Tesla the most-valuable, junk-rated company in the world. We do note, however, that TSLA’s bonds still trade dramatically cheap relative to NFLX’s bonds… *  *  […]

  • DHS Offered To Test Iowa Voting App, Democrats DeclinedZeroHedge - Feb 4th 2020 11:30am EST

    DHS Offered To Test Iowa Voting App, Democrats Declined Authored by Zachary Stieber via The Epoch Times, The Iowa Democratic Party declined to have a new voting application vetted by the Department of Homeland Security, the agency’s Acting Secretary Chad Wolf said on Tuesday. The app, developed by Shadow Inc., was blamed for some of […]

  • Trump Approval Rating Hits All-Time High, GOP Support SurgesZeroHedge - Feb 4th 2020 11:10am EST

    Trump Approval Rating Hits All-Time High Amid Impeachment; GOP Sees Upswing In Support President Trump’s approval rating is the highest it’s ever been, coming in at 49% in a new Gallup poll, which also found that 63% of Americans approve of the way Trump is handling the economy. Trump’s ratings for handling foreign affairs and […]

  • The Strongest Seasonal Advance In Precious Metals Stocks Begins NowZeroHedge - Feb 4th 2020 10:55am EST

    The Strongest Seasonal Advance In Precious Metals Stocks Begins Now Authored by Dmitri Speck via Acting-Man.com, Bonanza Season In the 18 December 2019 issue of Seasonal Insights I discussed the strong seasonal advance in precious metals around the turn of the year. In silver it begins in mid December and continues until the end of February. A […]

  • Rabobank: “Central Banks Will Save Us Not Just From The Business Cycle And Climate Change, But From Global Pandemics”ZeroHedge - Feb 4th 2020 10:15am EST

    Rabobank: “Central Banks Will Save Us Not Just From The Business Cycle And Climate Change, But From Global Pandemics” Submitted by Michael Every of Rabobank Chinese stocks are up; the Chinese currency is up, slightly (though still weaker than 7); global stocks are up; and US Treasury yields are slightly higher. Yet at the same […]

  • US Factory Orders Continue Year-Over-Year DeclineZeroHedge - Feb 4th 2020 10:08am EST

    US Factory Orders Continue Year-Over-Year Decline After Boeing-battered durable goods orders data, but ISM Manufacturing surged by the most in 7 years, all eyes were on December’s Factory Orders data to break the tie on the real state of the US economy. After a notable down revision for November (from -0,7% MoM to -1.2% MoM), […]

  • “A Lot Of Green Screens… Not A Lot Of High-Fiving!”ZeroHedge - Feb 4th 2020 9:45am EST

    “A Lot Of Green Screens… Not A Lot Of High-Fiving!” Authored by Richard Breslow via Bloomberg, Equities are having quite a nice rally today. And it’s a global phenomenon. My guess is the majority of traders took one look at their screens this morning and did a double take. And then began scouring the news […]

  • President Xi Warns nCoV Outbreak ‘Threatens Stability’ As Top WHO Official Disputes ‘Pandemic’ DesignationZeroHedge - Feb 4th 2020 8:33am EST

    President Xi Warns nCoV Outbreak ‘Threatens Stability’ As Top WHO Official Disputes ‘Pandemic’ Designation Summary: Confirmed deaths: 427 Confirmed cases: 20,676 Aimerican Airlines, Cathay Pacific and Jetstar close routes to China Taiwan tightens travel restrictions WHO infectious hazard chief says outbreak ‘not a pandemic’ Japan says no coronavirus cases confirmed on cruise ship “Diamond Princess” […]

  • TSLA Tops $900 – Where Does The Parabolic Surge End?ZeroHedge - Feb 4th 2020 8:15am EST

    TSLA Tops $900 – Where Does The Parabolic Surge End? On a morning when one of Tesla’s biggest bulls, New Street’s Ferragu downgrades the stock, saying: “Limited sources of further appreciation in the next 12 months. .. We see 2020 playing out fine, but it is largely expected, and we see some risks on the […]