• After Trading Limit-Up Overnight, Stocks Tumble Into Red

    ZeroHedge - Mar 17th 2020 9:54am EDT (Archive)

    After Trading Limit-Up Overnight, Stocks Tumble Into Red Presented with no comment…   Tyler Durden Tue, 03/17/2020 – 09:54

  • “You Are The Cavalry” – Pandemics In Our “Brittle, Phony” Economies

    ZeroHedge - Mar 17th 2020 9:45am EDT (Archive)

    “You Are The Cavalry” – Pandemics In Our “Brittle, Phony” Economies Authored by Mike Krieger via Liberty Blitzkrieg blog, And it was in the midst of shouts rolling against the terrace wall in massive waves that waxed in volume and duration, while cataracts of colored fire fell thicker through the darkness, that Dr. Rieux resolved […]

  • Man Charged After Threatening To Kill Adam Schiff

    ZeroHedge - Mar 17th 2020 9:29am EDT (Archive)

    Man Charged After Threatening To Kill Adam Schiff US Attorney John Durham charged a Connecticut man with threatening to kill Rep. Adam Schiff (D-CA) in November, when the California lawmaker was spearheading the impeachment of President Trump, according to the Justice Department. “I want to kill you with my bare hands and smash your sick […]

  • US Manufacturing Production Contracts YoY For 8th Straight Month

    ZeroHedge - Mar 17th 2020 9:21am EDT (Archive)

    US Manufacturing Production Contracts YoY For 8th Straight Month Optimistic analysts expected a 0.4% MoM jump in US industrial production in February (rebounding from contractions in December and January), and were pleasantly surprised with a shocking 0.6% MoM rise (after a downwardly revised 0.5% contraction in January).  This surprise jump shifted US Industrial Production into […]

  • Neel Kashkari Defends Fed’s Actions After 12% Market Rout, Says Negative Rates “Not Off The Table”

    ZeroHedge - Mar 17th 2020 9:15am EDT (Archive)

    Neel Kashkari Defends Fed’s Actions After 12% Market Rout, Says Negative Rates “Not Off The Table” Neel Kashkari took to CNBC this morning to not only display his ignorance of the basic laws of economics and finance, but also of epidemiology and medicine. Who knew Neel was such a non-expert in so many fields? Kashkari, who while […]

  • Does Any Of This Look Like The Fed Has Anything Under Control?

    ZeroHedge - Mar 17th 2020 9:00am EDT (Archive)

    Does Any Of This Look Like The Fed Has Anything Under Control? The Fed has gushed trillions into the short-term money markets in an attempt to fill what appears to be a bottomless pit and now Treasury and the government are discussing direct loans to businesses and banks have used the discount window en masse […]

  • Fed Injects $189BN In Repo Liquidity As Libor Explodes

    ZeroHedge - Mar 17th 2020 8:59am EDT (Archive)

    Fed Injects $189BN In Repo Liquidity As Libor Explodes In light of the frozen funding markets, which are now demanding the Commercial Paper bailout facility we discussed on Sunday, which the Fed failed to deliver and which CNBC’s Steve Liesman said may be coming any moment as without we will see a relentless barrage of […]

  • Tom Brady Is Leaving The Patriots

    ZeroHedge - Mar 17th 2020 8:56am EDT (Archive)

    Tom Brady Is Leaving The Patriots The most winningest quarterback in Superbowl history – with six rings, all won with the New England Patriots – is taking his talents elsewhere. With all sports suspended and sports news organizations hungry to fill the whole, Patriots QB Tom Brady just delivered in a big way: In a […]

  • US Retail Sales Tumble In February

    ZeroHedge - Mar 17th 2020 8:38am EDT (Archive)

    US Retail Sales Tumble In February For some ever-optimistic reason, analysts were expecting a 0.2% MoM rise in retail sales in February. It did not – instead plunging 0.5% MoM, far worse than the weakest estimate and the biggest drop since Dec 2018’s collapse… Retail sales ex-auto dealers, building materials and gasoline stations fell 0.1% […]

  • White House Unveils $850 Billion Economic Rescue Package To Combat Virus Fallout

    ZeroHedge - Mar 17th 2020 8:31am EDT (Archive)

    White House Unveils $850 Billion Economic Rescue Package To Combat Virus Fallout With the markets screaming for more federal fiscal stimulus to help cushion what will almost certainly become an extremely deep, but potentially short-lived, recession, the administration has unleashed headlines claiming that the third economic package will include $850 billion (more than 100x the […]