Authored by Pepe Escobar via The Saker blog, The key takeaways of the Two Sessions of the 13th National People’s Congress in Beijing are already in the public domain. In a nutshell: no GDP target for 2020; a budget deficit of at least 3.6% of GDP; one trillion yuan in special treasury bonds; corporate fees/taxes cut by 2.5 […]

Nevada’s gaming industry could reopen as soon as June 4, Gov. Steve Sisolak stated Friday. The Nevada Gaming Control Board will meet next week with health officials to determine which sanitation protocols are needed at casinos before reopening.  “The board is firmly aware of its statutory duty to protect the public health and welfare of the Silver […]

Just hours after China’s Foreign Minister Wang Yi warned that “some” in America were pushing relations to a “new Cold War”, Beijing made it clear how it intends to retaliate in this new paradigm: by doing the one thing that infuriates Trump more than anything, devaluing its currency. After the PBOC fixed the yuan at 7.0939 […]

Authored by Elias Marat via TheMindUnleashed.com, If you’re currently stuck at home and facing government lockdown orders in response to the coronavirus pandemic, we won’t blame you if you’re currently fantasizing about the vacations you want to take once the world returns to relative normalcy. While books, YouTube travel vlogs, and even open world video […]

A gun battle unfolded at a residential complex called “Yasny” in the south region of Moscow on Sunday, reported TASS News. Residents saw men firing AK-47s and other weapons on the streets below their windows.  BREAKING #Russia Several armed men involved in shooting in the residential center Yasny, #Moscow. One man arrested. No victims reported@StateDept @MossadNews @Rose45R1237 @rnovoa @MFS001 […]

Via Spiked-Online.com, Countries across the world have been in lockdown for months in response to the coronavirus pandemic. The costs of the policy are enormous – in terms of life, liberty and the economy. But is it worth it to save lives? Yoram Lass was once the director-general of Israel’s Ministry of Health. Lass is a […]

On March 23 – the day the S&P dropped to its cycle low of 2,237 –  the Fed stunned capital markets when it announced it would purchase investment grade corporate bonds, traversing a Rubicon into secondary market intervention that not even  Ben Bernanke had dared to cross. A few weeks later, on April 9, the […]

There’s no doubt that the long-lasting impact of the coronavirus pandemic will include a major shift in how consumers look at homebuying. In fact, have already reported here on Zero Hedge about how many are leaving the city in favor of life in the suburbs, since the virus has spread faster in city areas. Now, […]

Authored by Tom Luongo via The Strategic Culture Foundation, Donald Trump has finally won a war. It’s a war he’s uniquely suited to fight, a propaganda war, and he’s successfully waged it on China through his command of Western media. Stating this doesn’t imply any kind of judgment on my part as to whether he […]

Memorial Day weekend not only kicks off the start of summer but also, for many Americans, kicks off travel and vacation season. But this year will obviously be different, with millions stuck sheltering in place at home, due to the global coronavirus pandemic. As a result, travel spending for the weekend is expected to fall […]

One of the more remarkable aspects of the global policy response to the coronavirus crisis has come out not out o the G10, where virtually every nation has unleashed an unprecedented stimulus, both fiscal and monetary, but rather out of China – the country which following the global financial crisis launched an unprecedented debt-fueled reflation […]

“One rule for me, and another for thee” appears to be the politically-prone mantra rapidly spreading around the world. Opposition parties take shots at one another with America‘s left decrying President Trump’s maskless-golfing escapades… …and the right exposing Virginia Governor Northam’s recent non-socially-distanced, maskless-beach visit. Japanese authorities are also under pressure with Japanese Prime Minister […]

The first among five Iranian fuel-laden tankers has arrived in gasoline-starved Venezuela amid US threats to intervene against the ‘sanctions-busting’ activity by two official Washington enemies.  Reuters reports: “The tanker, named Fortune, reached the country’s waters at around 7:40 p.m. local time (1140 GMT) after passing north of the neighboring dual-island Caribbean nation of Trinidad […]

Authored Lawrence Sellin, US Army Colonel (ret.), via WIONews.com, On December 9, 2019, long before the world knew anything about it, a video interview took place with one of the key players in the COVID-19 drama, Dr Peter Daszak, President of the EcoHealth Alliance, who inadvertently may have provided indications of its true origin. [embedded content] Much […]

They may have been burned on USO and Hertz, but for retail investors across the US, the joys of trading stocks are just too great to offset these two “BTFD-gone-wrong” blemishes. In fact, bored and flooding into zero-cost online trading platforms like Robinhood, Etrade and Schwab… … retail investors’ recent pursuit of some of the […]

Earlier this month Beijing announced a surprisingly ambitious plan to mass test some eleven million Wuhan residents for coronavirus after a handful of new cases starting popping up again, sparking fears of a second wave in the original virus epicenter.  According to official state media, Chinese health officials are on track to accomplish this, which is […]

Following the disappointing late Friday publication of a pivotal study by the New England Journal of Medicine, according to which Gilead’s Remdeisivir presented no marked benefit for those Coronavirus patients who were healthier and didn’t need oxygen or those who were sicker, requiring a ventilator or a heart-lung bypass machine, and that the only statistically […]

As the “stay home, save lives” crowd confronts the fact that their beloved “experts” were, in reality, about as well-informed as the rest of us when they made the fateful recommendation that the imposition of lockdowns – in most cases legally enforced – was the best option for combating the spread of SARS-CoV-2, a Nobel-prize-winning […]

Six years ago, back in 2013, we presented what we then viewed (and still view) as the best trading strategy of the New Abnormal period, when we said that buying the most shorted names while shorting the names that have the highest hedge fund concentration and institutional ownership is the surest way to generate alpha, […]

There is no doubt that frontline workers during the pandemic – including those who work in retail stores that are remaining open – are getting the short end of the stick. In addition to having to deal with the virus itself, they also have to deal with thousands of terrified customers, all on edge and […]

In an interview published yesterday, the last British governor of Hong Kong warned that the West “must stop kowtowing to Beijing”, particularly when China’s Communist government flouts international law and agreements. Since the earliest days of the Jiang Zemin era, which saw China transform into an industrialized superpower, Beijing has facetiously talked a good game […]

Authored by Mac Slavo via SHTFplan.com, According to one hedge-fund manager, known for his “doom and gloom” economic outlooks, the federal government may soon make stashing gold away illegal for individuals. Crispen Odey believes that governments will ban the possession of gold if they lose control of inflation of their fiat currency. Odey says that […]

One month ago, Goldman triggered a modest selloff in growth and momentum stocks, when it pointed out that  the five largest S&P 500 stocks, the FAAMGS (or MSFT, AAPL, AMZN, GOOGL, FB) have risen to account for over 20% of index market cap, representing the highest concentration on record… … resulting in the lowest market […]

Authored by Bruce Wilds via Advancing Time blog, It doesn’t matter what you think, the reality we face is what we are seeing here on the ground. Reality is what it is and our government will as usual muddle through with poorly thought out politically correct solutions geared to kick the can down the road. […]

Summary: US nears 100k deaths Russia sees new cases below 10k for 9 straight days Brazil sees new cases, deaths rise at alarming rate Mexico reports another daily record jump of ~3,300 UK furor over Dominic Cummings grows Oxford vaccine trial sees new obstacles * * * Sunday’s New York Times front page says it […]

Two weeks ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11 filings that is about to flood the US will be nothing short of biblical. All that was missing was a catalyst… and according to Bloomberg that catalyst arrived in the past week or […]

As the Politburo Standing Committee prepares to weave a new “National Security” law banning all “subversive” activities linked to “foreign” influences or “terrorism” – a popular byword for the pro-democracy movement on the mainland – into Hong Kong’s Basic Law, 200 lawmakers from nearly two dozen countries have spoken up to condemn the decision, which […]

Submitted by Joe Carson, former chief economist at Allianz The Fed’s debt-bridge policy is designed to improve the flow of credit to businesses to avoid a devastating credit crunch. Never before has one of the monetary policy solutions to combat recession been to extend credit to struggling, profit losing businesses. There is no precedent for […]

After months of relative quiet amid the coronavirus pandemic, thousands of protesters flooded the streets of Hong Kong, defying the city’s ban on gatherings to voice their opposition to a new “national security” law proposed by Beijing which would threaten the city’s autonomy and the civil liberties of its residents. May glory be to thee, […]

Authored by Lance Roberts via RealInvestmentAdvice.com, Still Stuck In The Middle As noted last week, the markets remain stuck between the 50- and 200-dma. That remained the case this week once again, keeping any expansion of equity positioning on hold. The shaded blue area shows the containment of the market between the two moving averages. With the market […]

Authored by Nicky Reid via Counterpunch.org, Remember when the Russians were coming? It seems like just last week Vladimir Putin was whistling the Soviet National Anthem just around every corner of main street. After the colossal clusterfuck of Hillary 2016, you couldn’t swing a dead cat in a news room without hitting another crafty Kremlin […]

As tens of millions of jobs disappeared over the last few months, many found themselves for the first time depending on government unemployment benefits, which right now are the only thing keeping the consumer – the lifeblood of the American economy – on life support. But while some more industrious workers might strike out on […]

Via AlMasdarNews.com, The former Chief of Staff for the Israeli Defense Forces (IDF), General Gadi Eisenkot, commented on the 20th anniversary of the unilateral Israeli withdrawal from Lebanon, which took place on this date in 2000. During his interview with the publication, Israel Hayom, the ex-IDF chief said that his country managed to foil a major […]

About two weeks into lockdowns (so about late March), we said sex with strangers via popular online dating apps would become a distant memory for some as virus fears would pull back on sexual desires. Though we did make a strong point how the sex industry was about to explode: “As Americans are in mass quarantine and ordered to […]

Authored by Alan Macleod via MintPressNews.com, Just three years ago, Americans had a neutral view of China (and nine years ago it was strongly favorable). Today, the same polls show that 66 percent of Americans dislike the country. As the U.S. military turns its attention from the Middle East to conflict with Russia and China, American […]

While just under 40 million Americans have filed for unemployment since mid March, America’s billionaires are doing just fine – watching their fortunes soar a combined $434 billion during the same period, reports CNBC. Leading the pack are Jeff Bezos and Mark Zuckerberg, whose fortunes grew by $34.6 and $25 billion respectively, according to the […]

The Obama-appointed activist judge holding up the dismissal of the Michael Flynn case can’t be bothered – or simply doesn’t have the skillset required, to defend his decision not to grant the Justice Department’s request to drop the case. In a reminder that the ‘swamp’ has many tentacles, the Post (tentacle-ception) a Saturday report in […]

Ukrainian MP Valery Davydenko of the Dovira faction was found dead in his office bathroom with a gunshot wound to the head, according to a post by MP Ilya Kiva on his Facebook page and confirmed by local media. “His body with a gunshot wound has just been found in the office of an MP […]

Did Twitter CEO Jack Dorsey just, sheepishly, issue a ‘mea culpa’ to all those innocent (mostly conservative) voices he has silenced in the last few years who dared to question the “Russia, Russia, Russia” narrative, the “Biden did nothing wrong” stories, the “Comey is an American hero” facts, and, of course, the “COVID started in […]

Days ago we took note of Secretary of State Pompeo’s somewhat rare epic ‘regime change tweet tirade’ which included no less than nine fiery statements coming in minutes aimed at ‘rogue regimes’ Iran, Cuba and Venezuela. Though some pundits have noted the administration is looking for a “distraction” and way out of the nation’s corona-crisis, perhaps […]

Authored by Tho Bishop via The Libertarian Institute/Mises Inst., The coronavirus pandemic, and resulting government response, has created one of the greatest disruptions to daily life in modern American history. With much of the country now focused on “reopening,” pundits and policymakers have focused their attention on what the “new normal” of a post-COVID America […]

A massive four-alarm fire erupted at San Francisco’s Pier 45 on Saturday morning, the city’s fire department tweeted. The incident was first reported at 4:17 am local time (7:17 am ET) and has since been contained to a section of the pier.  UPDATE Four-Alarm Warehouse Fire Spreading on Pier 45 (North Waterfront, San Francisco) 📲 Live on @CitizenAppSFO https://t.co/eGWySDD5gs — […]

Summary: Kuwait raises fine for not wearing facemask to 16k WaPo cites study claiming 24 states at risk for ‘second wave’ PM Johnson pressured to fire top advisor for ‘violating’ quarantine rules Japan to completely lift state of emergency nationwide on Monday Cali court upholds state order to close churches Brazil, Russia in No.2, No.3 […]

Via Demonocracy.info, One Hundred Dollars $100 – Most counterfeited money denomination in the world. Keeps the world moving. Ten Thousand Dollars $10,000 – Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth. One Million Dollars $1,000,000 – Not as big of a […]

Smaller countries that have taken out billions of dollars in loans that they have promised to pay back in oil are starting to fall behind on their payments. The deals are structured so that countries are advanced money from trading houses that will be paid back in future oil shipments. These types of loans have […]

Remember when the market soared on several days in April on the Facui-touted Remdesivir study which, according to StatNews and various other unofficial sources of rumors, was a smashing success only for the optimism to fizzle as many questions emerged, and as the Gilead drug quietly faded from the public’s consciousness and was replaced by […]

Via SaraACarter.com, Rep. Adam Schiff (D-Cal), the House Intelligence Committee chairman sent a letter to Acting Director of National Intelligence Richard Grenell asking him to declassify transcripts of Michael Flynn’s phone calls with Russian Ambassador Sergey Kislyak and any reports summarizing their calls. Schiff tweeted: “It’s clear the Administration is selectively declassifying information for purely […]

As China pushes through a new National Security law that Secretary of State Pompeo has described as a “death knell” for political freedom on the island, the last British governor of Hong Kong, who witnessed the raising of the Chinese flag over the territory’s seat of government back in 1997, is calling on Prime Minister […]

Via 21stCenturyWire.com, From the beginning of the Coronavirus mass panic, one the main talking points for western governments was that “No one is immune. The disease can kill anyone at any time.” Various versions of this propaganda set piece were used and recycled across all media platforms, whereby government’s intention was actually to scare the public into […]

Anonymously-sourced media reports published Saturday morning claimed that the White House is looking into the establishment of a panel to investigate complaints of “left-wing bias” in the tech world. Since the earliest days of his presidential campaign, President Trump has alleged that the mainstream media  – CNN, the NYT & WaPo – and Silicon Valley […]