• “The Bot Is Out There. It Doesn’t Feel Pity, Or Remorse, Or Fear, And It Absolutely Will Not Stop Until Your Job Is Dead”

    ZeroHedge - Jan 27th 2023 10:25am EST

    “The Bot Is Out There. It Doesn’t Feel Pity, Or Remorse, Or Fear, And It Absolutely Will Not Stop Until Your Job Is Dead” By Michael Every of Rabobank AI ai ai! Last night we had a fascinating team discussion about the implications of ChatGPT and AIs. One conclusion reached was that replacing brains with […]

  • “Madness”: France, Croatia Deny ‘West At War With Russia’ After German Foreign Minister Sparks Outrage

    ZeroHedge - Jan 27th 2023 9:50am EST

    “Madness”: France, Croatia Deny ‘West At War With Russia’ After German Foreign Minister Sparks Outrage On Tuesday, German Foreign Minister Annalena Baerbock ignited a firestorm of debate when she stated that Western allies are fighting a war against Russia – causing many to suggest that she essentially ‘declared war’ on Russia, and contradicting the official […]

  • Watch: Rand Paul Warns ‘Over-Classification’ Being Used To Cover Up COVID Lab Leak

    ZeroHedge - Jan 27th 2023 9:35am EST

    Watch: Rand Paul Warns ‘Over-Classification’ Being Used To Cover Up COVID Lab Leak Authored by Steve Watson via Summit News, Senator Rand Paul warned Wednesday that over classification of information is being used to avoid oversight and institute cover ups, such as regarding the origins of COVID. Appearing on Newsmax TV’s “Eric Bolling The Balance,” Paul […]

  • CBOE CEO Aims To List Additional Tokens As Institutions Seek Reliable Crypto Counterparties

    ZeroHedge - Jan 27th 2023 9:14am EST

    CBOE CEO Aims To List Additional Tokens As Institutions Seek Reliable Crypto Counterparties It’s a vote of confidence for crypto when the space needs it most… Ed Tilly, Chief Executive Officer at Cboe Global Markets Inc., said this week he wants to list more token on the company’s crypto exchange in the wake of the FTX blowup […]

  • Gaetz Introduces Resolution To Deny Schiff Access To Classified Information

    ZeroHedge - Jan 27th 2023 8:53am EST (Archive)

    Gaetz Introduces Resolution To Deny Schiff Access To Classified Information Authored by Caden Pearson via The Epoch Times, Rep. Matt Gaetz (R-Fla.) introduced a resolution in the U.S. House of Representatives on Thursday calling for an investigation into Rep. Adam Schiff (D-Calif.) and proposed he be denied access to classified information. The resolution (pdf), titled “Preventing Extreme Negligence with […]

  • Americans’ Spending Drops Again In December, Fed’s Favorite Inflation Signal Slows

    ZeroHedge - Jan 27th 2023 8:39am EST

    Americans’ Spending Drops Again In December, Fed’s Favorite Inflation Signal Slows The headline from this morning’s income and spending data is The Fed’s favorite inflation indicator – Core PCE Deflator – printed pretty much in line with expectations (headline up 0.1% MoM was marginally hotter than expected). The year-over-year prints dropped to 5.0% and 4.4% […]

  • A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status

    ZeroHedge - Jan 27th 2023 8:20am EST

    A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status Authored by Brandon Smith via Alt-Market.us, The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse […]

  • Futures Drop After Horrific Intel Guidance, Brace For PCE Data

    ZeroHedge - Jan 27th 2023 8:07am EST (Archive)

    Futures Drop After Horrific Intel Guidance, Brace For PCE Data US futures dropped after yesterday’s meltup, led lower by semiconductor stocks and traded in a tight range on Friday after a catastrophic earnings report and guidance from (former?) chip giant Intel, while investors awaited key inflation figures for clues on what the Fed will do […]

  • Adani Group Stocks Crash, Dragging Down Indian Markets; Bill Ackman Says Hindenburg’s Report “Credible”

    ZeroHedge - Jan 27th 2023 7:51am EST (Archive)

    Adani Group Stocks Crash, Dragging Down Indian Markets; Bill Ackman Says Hindenburg’s Report “Credible” India’s richest man, Gautam Adani, Founder and Chairman of the Adani Group, watched more of his corporate empire implode on Friday, with over $50 billion in market capitalization wiped out in two trading sessions following a report by US short-seller Hindenburg Research.  Adani […]

  • The Race To The Bottom Accelerates

    ZeroHedge - Jan 27th 2023 7:20am EST (Archive)

    The Race To The Bottom Accelerates Authored by Charles Hugh Smith via OfTwoMinds blog, When competence, transparency and accountability are all punished, the Race to the Bottom accelerates. Race to the Bottom describes the process of competitive devaluation, where value is gutted to remain competitive with those who are grabbing market share by stripping out quality, value, durability, transparency, […]