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  • Are Americans All-In For A Long ‘War On Virus’?

    ZeroHedge - Mar 20th 2020 11:35am EDT

    Are Americans All-In For A Long ‘War On Virus’? Authored by Patrick Buchanan via Buchanan.org, “It’s a war,” says President Donald Trump of his efforts to contain the coronavirus pandemic, and likening his role to that of “wartime president.” New York Governor Andrew Cuomo welcomed the president’s claim to his commander in chief role in […]

  • Market Plunges Back Into Red After Cuomo Locks-Down New York

    ZeroHedge - Mar 20th 2020 11:27am EDT

    Market Plunges Back Into Red After Cuomo Locks-Down New York But, but, but… The Fed’s bailouts? The Dow just dived 600 points, back into the red, after NY Governor Cuomo told 100% of workers to stay home…       Tyler Durden Fri, 03/20/2020 – 11:27

  • Fed Expands Bailout Facility To Muni Bonds After Market Meltdown

    ZeroHedge - Mar 20th 2020 11:06am EDT

    Fed Expands Bailout Facility To Muni Bonds After Market Meltdown In yet another expansion of The Fed’s intervantionary reach into ‘markets’, The Fed has decided to “expand its program of support for flow of credit to the economy by taking steps to enhance liquidity and functioning of crucial state and municipal money markets.” This is […]

  • Is The Panic Worse Than The Virus?

    ZeroHedge - Mar 20th 2020 10:50am EDT

    Is The Panic Worse Than The Virus? Authored by MN Gordon via EconomicPrism.com, The Great Panic of 2020 is already one for the history books.  Yet the damage has only just begun.  We suspect the stock market crash, economic destruction, and forfeiture of freedoms will persist long after the coronavirus hobgoblin has been put to […]

  • Historic Day: Fed To Buy A Record $107 Billion In Securities Today Alone As Fed Balance Sheet Explodes

    ZeroHedge - Mar 20th 2020 10:22am EDT

    Historic Day: Fed To Buy A Record $107 Billion In Securities Today Alone As Fed Balance Sheet Explodes Back in December we predicted that at the rate “Not QE” (RIP) was going, the Fed balance sheet would surpass it all time high by late April. It turns out that we were overly optimistic: with the […]

  • NBC News Employee Dies From COVID-19

    ZeroHedge - Mar 20th 2020 10:16am EDT

    NBC News Employee Dies From COVID-19 For a handful of American journalists who have been covering the novel coronavirus outbreak, the battle against COVID-19 may have just become even more personal and immediate. NBC News announced Friday that Larry Edgeworth, an equipment room employee at ’30 Rock’, succumbed to complications caused by the virus. NBC […]

  • IRS Moves Tax-Day From April 15 To July 15, Mnuchin Says

    ZeroHedge - Mar 20th 2020 10:14am EDT

    IRS Moves Tax-Day From April 15 To July 15, Mnuchin Says The full-court-press efforts of the administration to assist Americans’ and American businesses’ cashflow continues with Treasury Secretary Steve Mnuchin confirming in a tweet this morning that the IRS will be moving ‘Tax Day’ back by 3 months… At @realDonaldTrump’s direction, we are moving Tax […]

  • Fed Announces “Enhanced” Central Bank Swap Lines To Ease Dollar Funding Shortage

    ZeroHedge - Mar 20th 2020 10:08am EDT

    Fed Announces “Enhanced” Central Bank Swap Lines To Ease Dollar Funding Shortage With the Fed throwing the kitchen sink at the global dollar funding shortage problem, and failing to make much of a dent on the renewed surge in the dollar, last night we said that we expect even more aggressive swap lines with global […]

  • Putin Won’t Blink First: Putin Rejects Potential US ‘Intervention’ In Russia-Saudi Oil War

    ZeroHedge - Mar 20th 2020 9:20am EDT

    Putin Won’t Blink First: Putin Rejects Potential US ‘Intervention’ In Russia-Saudi Oil War “We do not think that anyone should intervene in these relations,” the Russian presidency’s office stated Friday of its “good relationship” and “partnership” with the Saudis, hitting back at Trump’s comments on the emerging oil-price war. Yesterday President Trump described the Saudi-Russia oil price […]

  • “There’s Nothing Left To Sell” – Nomura Sees Today’s Quad Witch Ending The ‘Mechanical Sell Flow’

    ZeroHedge - Mar 20th 2020 9:05am EDT

    “There’s Nothing Left To Sell” – Nomura Sees Today’s Quad Witch Ending The ‘Mechanical Sell Flow’ It’s ‘quad witch’ today, Historically, quad-witch weeks have meant a collapse in vol and surge in stocks – no matter what the news. But, this week (and last) has been different, to say the least… However, as Nomura’s Charlie […]