RSS Zero Hedge

  • Another Terrible Idea In San Francisco... April 5, 2020
    Another Terrible Idea In San Francisco... Authored by Erica Sandberg via City-Journal.org, As the United States continues its “pause,” shuttering businesses and public spaces in order to prevent transmission of the coronavirus, residents are compelled to shelter inside their homes. Meantime, those who live on the streets remain outside. San Francisco is well known for […]
    Tyler Durden
  • Watch Live: White House Coronavirus Task Force Delivers Sunday Briefing April 5, 2020
    Watch Live: White House Coronavirus Task Force Delivers Sunday Briefing President Trump just announced that Sunday's White House Task Force press briefing will begin at 6:45pmET. Notably, it's slated to begin 45 minutes (likely closer to an hour) after futures open. What does that tell you? Tyler Durden Sun, 04/05/2020 - 18:41
    Tyler Durden
  • "They Want Their Monies Out" – Baltimore Residents 'Storm Bank' Amid Fears Of Social Unrest April 5, 2020
    "They Want Their Monies Out" – Baltimore Residents 'Storm Bank' Amid Fears Of Social Unrest The evolution of panic hoarding started with 3M N95 masks, then hand sanitizers, non-perishable foods, guns and ammo, and now cash? A video surfaced on Instagram on Saturday, showing a possible bank run in Baltimore City at the MECU Credit Union, […]
    Tyler Durden
  • Crude Crashes Over 10% After OPEC+ Meeting Delays April 5, 2020
    Crude Crashes Over 10% After OPEC+ Meeting Delays Crude prices are plunging early in Asian trading with Brent down 12% following a delay to the much-hoped-for OPEC+ meeting (due tomorrow, Monday, but now pushed off until Thursday).   As Ransquawk details, an OPEC+ call that was scheduled for Monday has been delayed until Thursday, amid […]
    Tyler Durden
  • The Jackpot Chronicles Scenario 1: Force Majeure April 5, 2020
    The Jackpot Chronicles Scenario 1: Force Majeure Authored by Mark Jeftovic via Guerilla-Capitalism.com, This is the second instalment of The Jackpot Chronicles: Four Possible Post-Coronavirus Scenarios. Force Majeure means: a chance occurrence or superior force that renders a contract unenforceable and frees all parties from their obligations under it. We are frequently told that there exists […]
    Tyler Durden
  • When Will The Coronavirus Lockdowns Be Lifted? Here Are One Bank's Estimates April 5, 2020
    When Will The Coronavirus Lockdowns Be Lifted? Here Are One Bank's Estimates With most of the developed world on lockdown, and markets and economies paralyzed until there is a material decline in new coronavirus cases, i.e., until we slide "over the hump" of the coronavirus curve, the biggest question - and variable - in assessing […]
    Tyler Durden
  • Bronx Zoo Tiger Tests Positive For COVID-19 April 5, 2020
    Bronx Zoo Tiger Tests Positive For COVID-19 Last month, Dr. Fauci insisted at a White House task force press briefing that there was no evidence that pets were vulnerable to the novel coronavirus. Then scientists in Belgium and Hong Kong confirmed that they had found pet cats owned by people infected with the virus that […]
    Tyler Durden
  • The OPEC+ Meeting Could Send Oil Prices Crashing Below $10 April 5, 2020
    The OPEC+ Meeting Could Send Oil Prices Crashing Below $10 Authored by Cyril Widdershoven via OilPrice.com, The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility, the battle between leading producers for market share, the logistical impossibility […]
    Tyler Durden
  • Fired Navy Carrier Captain Who Penned Leaked Letter Tests Positive For COVID-19 April 5, 2020
    Fired Navy Carrier Captain Who Penned Leaked Letter Tests Positive For COVID-19 The Navy captain who has been at the center of controversy for penning a scathing letter to the Navy's top command over a lagging response to coronavirus ravaging his crew aboard the USS Theodore Roosevelt nuclear aircraft carrier in the West Pacific — now docked […]
    Tyler Durden
  • Boris Johnson Admitted To Hospital Due To "Persistent" Coronavirus Symptoms For 10 Days April 5, 2020
    Boris Johnson Admitted To Hospital Due To "Persistent" Coronavirus Symptoms For 10 Days Some more uppates from Bloomberg: UK'S JOHNSON UNLIKELY TO CHAIR DAILY MEETING MONDAY: OFFICIAL OFFICIAL SAYS FIRST SECY RAAB LIKELY TO CHAIR VIRUS MEETING JOHNSON HAS BEEN CHAIRING MEETINGS VIA VIDEO LINK IN ISOLATION JOHNSON LIKELY TO BE IN HOSPITAL OVERNIGHT, UK […]
    Tyler Durden
  • Goldman: After The Crash Of 2020, Corporate Earnings Won't Recover Until 2023 April 5, 2020
    Goldman: After The Crash Of 2020, Corporate Earnings Won't Recover Until 2023 On Friday morning, around the time of the dismal payrolls report which was not only the first negative print in a decade ending the longest streak of positive jobs reports in history, but was 7x worse than consensus, as sellside desks scrambled to […]
    Tyler Durden
  • This Is Where The World Is On The "Corona Curve" At This Moment April 5, 2020
    This Is Where The World Is On The "Corona Curve" At This Moment Two weeks ago, we wrote that with 1.7 billion people in the world under quarantine (a number which has since ballooned to over 3 billion) and "desperate to find out where on the coronavirus "curve" they are to calculate how much more […]
    Tyler Durden
  • Has The US Cold War Shifted From Russia To China? April 5, 2020
    Has The US Cold War Shifted From Russia To China? Authored by Tom Luongo via Gold, Goats, 'n Guns blog, Starting in the Obama administration the U.S. increased its full spectrum dominance campaign against Russia as an extension of its goals to destabilize the entire Middle East. Russia’s intervention into the war in Syria after […]
    Tyler Durden
  • Shocking Expose Proves Thousands Of COVID-19 Deaths Have Gone Uncounted In The US: Live Updates April 5, 2020
    Shocking Expose Proves Thousands Of COVID-19 Deaths Have Gone Uncounted In The US: Live Updates Summary: NY reports first drop in daily deaths since outbreak began FT shows how US has become COVID-19s "epicenter" NY hospitalizations drop Italy follows New York with another promising drop in deaths France also reports a drop in deaths UK […]
    Tyler Durden
  • There Are Still At Least A Half Dozen Cruise Ships With Passengers Out To Sea April 5, 2020
    There Are Still At Least A Half Dozen Cruise Ships With Passengers Out To Sea You'd think the last place you'd want to be during the coronavirus pandemic is aboard a cruise ship - especially given one horror story after the next about ships being placed under quarantine, not being able to find a place […]
    Tyler Durden
  • As COVID-19 Forces Classes Online, Colleges Face New Challenge: "Zoombombing" April 5, 2020
    As COVID-19 Forces Classes Online, Colleges Face New Challenge: "Zoombombing" Authored by Blair Nelson via CampusReform.org, A new disturbing trend has emerged among Zoom conference calls called “zoombombing.”  Due to the coronavirus, colleges and businesses have had to relocate their classes and meetings onto online video conferencing platforms, such as Zoom. According to the FBI, […]
    Tyler Durden
  • Next Wave Of Shortages Strikes: NYC Pharmacies Run Out Of Tylenol, Common Drugs April 5, 2020
    Next Wave Of Shortages Strikes: NYC Pharmacies Run Out Of Tylenol, Common Drugs In the weeks since California became the first state to order residents to shelter in place, millions of Americans have grappled with an alarming fact: That shortages of products from Tylenol to toilet paper have continued. If anything, they've gotten worse, even […]
    Tyler Durden
  • The Fight Against COVID-19: "Bending The Curve" & Then What? April 5, 2020
    The Fight Against COVID-19: "Bending The Curve" & Then What? Eradicate the virus - without a vaccine? Manage infection rates to let the population “build immunity through suffering” until a vaccine is available? How can we revive the economy without risking thousands of deaths in fresh outbreaks? Authored by Wisdom Seeker, a WOLF STREET Commenter with a […]
    Tyler Durden
  • Biden Says Democrats May Need To Hold Virtual Convention April 5, 2020
    Biden Says Democrats May Need To Hold Virtual Convention Joe Biden says that the Democratic National Convention may need to be held virtually. In a Friday interview with ABC's "This Week," the 2020 Democratic frontrunner said that the convention is "necessary," but may not be feasible as it would require bringing thousands of people together […]
    Tyler Durden
  • The Pandemic Exposed The Frailty Of The Financial System April 5, 2020
    The Pandemic Exposed The Frailty Of The Financial System Authored by Fábio Santos via The Mises Institute, Despite the more optimistic claims of political pundits and Federal Reserve officials (Jerome Powell, specifically), things are far from being under control. Notwithstanding archetypal Austrian objections to “loose” monetary and fiscal policies on the grounds that they create production structures that […]
    Tyler Durden
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