“The Timing Is Absolutely Terrible”: German Government Collapses Just One Week After French Implosion
ZeroHedge - Dec 16th 2024 12:25pm EST“The Timing Is Absolutely Terrible”: German Government Collapses Just One Week After French Implosion Europe is disintegrating as legacy political regimes are collapsing over across the world. Just one week after Marine Le Pen precipitated the collapse of the French government, on Monday, Chancellor Olaf Scholz lost a confidence vote in the German Parliament on […]
Schiff: The Economy Needs Deflation
ZeroHedge - Dec 16th 2024 12:05pm ESTSchiff: The Economy Needs Deflation Via SchiffGold.com, In a recent discussion with Darcy Ungaro of The Everyday Investor, Peter challenged the widespread narratives surrounding government spending, the Fed’s 2% inflation target, and the policies that perpetuate these problems. Peter and Darcy highlight the underlying structural issues that plague the economy—massive government debt, intentional inflation, and a citizenry oblivious of […]
Drone Activity Closes Airspace Over Wright Patterson Air Force Base
ZeroHedge - Dec 16th 2024 11:25am ESTDrone Activity Closes Airspace Over Wright Patterson Air Force Base Authored by Aldgra Fredly via The Epoch Times, The Wright Patterson Air Force Base in Ohio temporarily closed its airspace on Dec. 13 after drone activity was detected in the area, a base spokesperson said on Dec. 15. Bob Purtiman, public affairs director for 88th […]
Bitcoin Tops $106K, Goes ‘Santa Claus Mode’ As Optimism Grows For US Reserve Status
ZeroHedge - Dec 16th 2024 11:05am ESTBitcoin Tops $106K, Goes ‘Santa Claus Mode’ As Optimism Grows For US Reserve Status Bitcoin’s price rallied almost 5% over the weekend to set a new all-time high above $106,000 amid speculation that it may become a United States reserve asset. CK Zheng, chief investment officer of ZK Square, told Cointelegraph that Bitcoin has likely […]
Ghosted By ChatGPT: How Jonathan Turley Was First Defamed & Then Deleted By AI
ZeroHedge - Dec 16th 2024 10:45am ESTGhosted By ChatGPT: How Jonathan Turley Was First Defamed & Then Deleted By AI Authored by Jonathan Turley, It is not every day that you achieve the status of “he-who-must-not-be-named.” But that curious distinction has been bestowed upon me by OpenAI’s ChatGPT, according to the New York Times, Wall Street Journal, and other publications. For more than […]
Congress Scrambles To Avoid Friday Government Shutdown
ZeroHedge - Dec 16th 2024 10:25am ESTCongress Scrambles To Avoid Friday Government Shutdown Congress has until Friday to avert yet another government shutdown with a game of kick-the-can (via Continuing Resolution, or CR), and a bipartisan funding deal is nowhere in sight. Here’s where things stand; though no one expects the lights to actually go out in Washington, this week is […]
Romania’s Constitutional Coup Is Meant To Buy More Time For NATO In Ukraine
ZeroHedge - Dec 16th 2024 10:05am ESTRomania’s Constitutional Coup Is Meant To Buy More Time For NATO In Ukraine Authored by Andrew Korybko via substack, It was assessed late last month that “The Outcome Of Romania’s Presidential Election Could Spoil The US’ Potential Escalation Plans” if then-frontrunner Calin Georgescu, a populist conservative-nationalist that’s critical of NATO’s proxy war on Russian in […]
US Manufacturing PMI Plunges As Services Soar To 38-Month-High, But…
ZeroHedge - Dec 16th 2024 9:55am ESTUS Manufacturing PMI Plunges As Services Soar To 38-Month-High, But… Following Europe’s mixed bag of PMIs (Manufacturing contracting harder as Services save the composites in France, Germany, & UK – but all still in contraction overall), S&P Global’s US Manufacturing and Services were expected to decline modestly in preliminary December data released this morning. Analysts […]
Daniel Baldwin Claims There Are “Bidding Wars” In Hollywood Over Diddy Blackmail Sex Tapes
ZeroHedge - Dec 16th 2024 8:50am ESTDaniel Baldwin Claims There Are “Bidding Wars” In Hollywood Over Diddy Blackmail Sex Tapes Authored by Steve Watson via Modernity.news, Actor Daniel Baldwin has made extraordinary claims that Hollywood stars are involved in “bidding wars” to prevent copies of blackmail sex tapes filmed at the infamous Sean “Diddy” Combs’ freak off parties from falling into […]
“Dire Situation” – Chinese Bond Yields Hit Record Low On Retail Sales “Big Disappointment”
ZeroHedge - Dec 16th 2024 8:37am EST“Dire Situation” – Chinese Bond Yields Hit Record Low On Retail Sales “Big Disappointment” China’s retail sales increased just 3% in November from a year ago, falling short of forecasts for 5% growth by economists surveyed by Bloomberg. The weakening in retail sales was surprising following strong sales of home appliances and cars a month […]
US Futures Jump, Ignore Global Selloff While Focusing On Imminent Rate Cut
ZeroHedge - Dec 16th 2024 8:27am ESTUS Futures Jump, Ignore Global Selloff While Focusing On Imminent Rate Cut The last full week of 2024 started off with a burst of US exceptionalism which helped US equity futures shrug off downbeat performances in other global markets as traders prepared for a slate of interest-rate decisions by major central banks due later this […]
New Jersey Receives Report Radioactive Medical Device “Lost In Transit”
ZeroHedge - Dec 16th 2024 7:45am ESTNew Jersey Receives Report Radioactive Medical Device “Lost In Transit” While everyone, including local, state, and federal authorities, is desperately searching for answers, there has been a notable lack of disclosure regarding what is actually happening in the skies above New Jersey—some of the most restricted airspace in the world. One theory points to drones […]
Economic Indicators And The Trajectory Of Earnings
ZeroHedge - Dec 16th 2024 7:20am ESTEconomic Indicators And The Trajectory Of Earnings Authored by Lance Roberts via RealInvestmentAdvice.com, Understanding the trajectory of corporate earnings is crucial for investors, as these earnings significantly influence stock valuations and market performance. Economic indicators such as Gross Domestic Product (GDP), the Institute for Supply Management (ISM) Manufacturing Index, and the Chicago Fed National Activity […]
Feds Have Limited Authority To Shoot Down Drones Seen Over New Jersey, Mayorkas Says
ZeroHedge - Dec 16th 2024 6:20am ESTFeds Have Limited Authority To Shoot Down Drones Seen Over New Jersey, Mayorkas Says Authored by Jack Phillips via The Epoch Times (emphasis ours), The Secretary of the Department of Homeland Security (DHS), Alejandro Mayorkas, provided an update Sunday on a rash of apparent drone sightings in the New Jersey region, saying the federal government […]
Profits At Commodity Trader Trafigura Tumble Amid Mongolia Fraud
ZeroHedge - Dec 16th 2024 5:45am ESTProfits At Commodity Trader Trafigura Tumble Amid Mongolia Fraud By Charles Kennedy of OilPrice.com Trafigura saw its net profit for the financial year 2023/2024 ended on September 30 plunge by 62% as the commodity trading giant recorded a loss of $1.1 billion related to serious misconduct by individuals in its Mongolian oil business. Trafigura booked […]
Realtor Association Reveals Top 10 Hottest US Housing Markets For 2025
ZeroHedge - Dec 16th 2024 5:00am ESTRealtor Association Reveals Top 10 Hottest US Housing Markets For 2025 Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The National Association of Realtors (NAR) listed housing markets in the United States expected to perform well next year, noting that financing conditions in these regions are “favorable” for buyers. A for sale sign […]
Trump May Use Bitcoin As US Reserve Asset On ‘Day One’
ZeroHedge - Dec 16th 2024 4:15am ESTTrump May Use Bitcoin As US Reserve Asset On ‘Day One’ Authored by Yashu Gola via CoinTelegraph.com, Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin BTC$102,801 as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike. A 200K Bitcoin buy order is coming […]
China Looks To Build The Largest Human-Made Object In Space
ZeroHedge - Dec 16th 2024 3:30am ESTChina Looks To Build The Largest Human-Made Object In Space By Alex Kimani of Oilprice.com Two months ago, we reported that Baiju Bhatt, one of the co-founders of the investing app Robinhood, debuted space solar power company Aetherflux. The startup plans to build a constellation of Low-Earth Orbit (LEO) satellites that will use infrared lasers […]
Permitting Reform: A Strategic Imperative For U.S. National Security And Global Competitiveness
ZeroHedge - Dec 16th 2024 2:00am ESTPermitting Reform: A Strategic Imperative For U.S. National Security And Global Competitiveness Authored by Michelle Howard and Paul Segal via RealClearEnergy, Permitting reform has swiftly risen to the forefront in Washington as a pressing national security priority. The United States is grappling with the dual challenges of escalating energy demand and mounting global competition, particularly […]
The Democratic Party Changed While We Stayed In Place
ZeroHedge - Dec 15th 2024 11:20pm ESTThe Democratic Party Changed While We Stayed In Place Authored by Josh Stylman via The Brownstone Institute, Let me start by saying I loathe politics. I’ve always been drawn to liberal ideas—individual freedom, protecting the vulnerable, questioning authority, and the fundamental belief that consenting adults should be free to live their lives however they choose […]
Federal Officials Will Deploy High-Tech System To New York After Drones Shut Down Airport, Governor Says
ZeroHedge - Dec 15th 2024 10:10pm ESTFederal Officials Will Deploy High-Tech System To New York After Drones Shut Down Airport, Governor Says By Jack Phillips of The Epoch Times New York Gov. Kathy Hochul announced that the federal government will send a “a state-of-the-art drone detection system” to her state after a number of drone sightings across New York and New […]
Suspicious OpenAI Whistleblower Death Ruled Suicide
ZeroHedge - Dec 15th 2024 9:35pm ESTSuspicious OpenAI Whistleblower Death Ruled Suicide The November death of former OpenAI researcher-turned-whistleblower, 26-year-old Suchir Balaji was ruled a suicide, the San Jose Mercury News reports. According to the medical examiner, there was no foul play in Balaji’s Nov. 26 death in his San Francisco apartment. Balaji had publicly accused OpenAI of violating US copyright […]
Cold Shoulder: Democrats Ignore Tulsi Gabbard’s Request To Meet
ZeroHedge - Dec 15th 2024 9:00pm ESTCold Shoulder: Democrats Ignore Tulsi Gabbard’s Request To Meet Authored by Phillip Wegmann via American Greatness, The return of Tulsi Gabbard to Capitol Hill began with breakfast in the Senate dining room courtesy of Iowa Sen. Joni Ernst, followed by back-to-back meetings with other Republicans, all of whom were happy to welcome the former Hawaii Democrat and […]
Trump Considers Privatizing US Postal Service That Lost $9.5 Billion In FY2024
ZeroHedge - Dec 15th 2024 8:25pm ESTTrump Considers Privatizing US Postal Service That Lost $9.5 Billion In FY2024 Donald Trump is fired up about finally giving the money-losing US Postal Service its long-overdue shove into the private sector, according to three sources who talked to the Washington Post. Trump is said to have discussed the idea with Howard Lutnick, who’s co-chairing his […]
1This Week’s Fed Meeting Is Barely On The Radar Screen
ZeroHedge - Dec 15th 2024 7:50pm ESTThis Week’s Fed Meeting Is Barely On The Radar Screen By Peter Tchir of Academy Securities It is unusual to say that I don’t really care that much about the FOMC meeting, but I don’t. Everything seems incredibly well telegraphed coming into this meeting. Markets are pricing in a 93% chance of a 25 bp […]