ZeroHedge News

  • ‘People Don’t Want To Be Stupid Twice’: Foreign Diplomats Betting On Trump Win In 2020
    by Tyler Durden on August 18, 2019 at 19:10

    Following Donald Trump’s upset victory in the 2016 US election, foreign diplomats who have spent over two years adjusting to Trumpian diplomacy are now coming to grips with the following; Trump’s 2016 win was not a fluke, he has a good chance of winning again, and there’s no ‘just riding it out’ anymore.  “In 2016, nobody believed he was going to be elected. People don’t want to be stupid twice,” former French Ambassador to the US, Gerard Araud, […]

  • ‘Yield-Curve-Deniers’: Mainstream Economists Shrug Off Bond Market ‘Science’
    by Tyler Durden on August 18, 2019 at 18:45

    Authored by Jeffrey Snider via Alhambra Investment Partners, One of the primary reasons Economists go unchallenged is because they’ve made the subject matter dense and complex. Needlessly so, in many cases. Anyone in the financial media or the public who wishes to challenge Jay Powell (well, maybe not Powell) on any economic concept is as likely to get a lecture on regressions and the three or four tests the Fed uses to seek out heteroscedasticity in its models, all of which […]

  • Comet’s Fiery Death Caught On Video As It Plunges Into Sun; Conspiracy Theorist Warn Of Planet Nibiru
    by Tyler Durden on August 18, 2019 at 18:20

    The NASA/ESA Solar and Heliospheric Observatory (SOHO) spacecraft recorded the moment a comet slammed into the Sun, according to Space Weather astronomer Tony Phillips. Phillips recorded the anomaly in the center of the solar system last week. He described the situation as follows: “a dirty snowball dived right into the Sun.” A video titled “Comet’s Death Dive Into Sun Snapped by SOHO Spacecraft” was uploaded onto YouTube by Space.com on Friday. The short video shows the comet in the […]

  • Lessons From Venezuela: Violence, Crime, & Gangs When SHTF
    by Tyler Durden on August 18, 2019 at 17:55

    Authored by J.G.Martinez D. via The Organic Prepper blog, This article is related to a recent shooting between a gang, and the death squads used by the red ones, on August 1, 2019. There are some things in life that still have the potential to surprise guys like me. Especially when such things happen in my own hometown when I was born and bred, and that used to be a safe place in my younger years. Isolated violence is not uncommon in small towns in South America, no matter what […]

  • “I Don’t Want My Money Trapped Here” – Hong Kong Hit By Capital Exodus As Protests Drag On
    by Tyler Durden on August 18, 2019 at 17:30

    As the protests in Hong Kong enter their 11th week with a massive rally on Sunday, more Hong Kongers are beginning to worry that their money isn’t safe any more, and a great exodus of capital has begun – an exodus that has challenged the Hong Kong dollar’s multi-decade standing peg to the greenback, just as hedge fund investor Kyle Bass bet would happen. Particularly after this week’s protests at the airport, and the intensifying threats from Beijing, more people are looking for ways to […]

  • Trouble Coming To Walmart Nation?
    by Tyler Durden on August 18, 2019 at 17:05

    Via Global Macro Monitor, Not so much for Walmart shareholders after the company beat estimates late in the week helping the stock (WMT) to close on Friday 7.7 percent off its low for the week.  MarketWatch notes the big-box retailer was helped by automation. Walmart talked about the significance of automation in an April post on its corporate site. “Smart assistants have huge potential to make busy stores run more smoothly, so Walmart has been pioneering new […]

  • Kudlow “Doesn’t See A Recession At All”, Warns Full 10% China Tariffs To Go Ahead In December
    by Tyler Durden on August 18, 2019 at 16:46

    Trump’s chief economic advisor, Larry Kudlow, pushed back against fears of an economic downturn on Sunday saying, “I don’t see a recession at all” when asked by guest host Dana Perino whether the Trump administration is considering concrete steps to stave off a potential recession after the 2s10s yield curve inverted last week. As a reminder, every 2s10s inversion since 1956 has seen a recession follow, with the average length of time until a recession begins is 16 months. […]

  • Three Things Gold Isn’t
    by Tyler Durden on August 18, 2019 at 16:15

    Authored by Mike Shedlock via MishTalk, Swings in the US dollar have no long-term impact in the price of gold. Nor is gold an inflation hedge. Three Points December 2004: US Dollar Index 108, Gold $435 April 2009: US Dollar Index 108, Gold $883 November 2014: US Dollar Index 108, Gold $1182 Gold vs Trade-Weighted Dollar Index 1973-Present While gold generally moves opposite the dollar in day-to-day fluctuations, long term impacts are nonexistent. Here is the chart with […]

  • Trump Slams NYT After Leaker Reveals Pivot From ‘Russiagate’ To ‘Racism Witch Hunt’ 
    by Tyler Durden on August 18, 2019 at 15:49

    President Trump slammed the “failing New York Times” on Sunday after leaked comments from executive editor Dean Baquet revealed that the paper is pivoting from the Russia narrative (which he described as being “a little tiny bit flat-footed”) to ‘Trump is a racist.’  “The failing New York Times, in one of the most devastating portrayals of bad journalism in history, got caught by a leaker that they are shifting from the Phony Russian Collusion Narrative (the Mueller Report & […]

  • Bernie Sanders Vows To “Go To War Against White Nationalism” If Elected
    by Tyler Durden on August 18, 2019 at 15:25

    Authored by Jake Johnson via CommonDreams.org, Speaking to the Black Church PAC Presidential Forum in Atlanta two weeks after a gunman opened fire in an El Paso Walmart with the goal of killing Mexicans, Sen. Bernie Sanders on Saturday said his administration will “go to war against white nationalism and racism” if he is elected president in 2020. Sen. Bernie Sanders (I-Vt.), a 2020 Democratic presidential candidate, speaks onstage at the Georgia International […]

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