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 2021-06-10 20:00 

Zero Hedge

Bonds & Bullion Bid As Meme-Stocks Are Monkey-Hammer'd...

Bonds & Bullion Bid As Meme-Stocks Are Monkey-Hammer'd Today's big upside inflation surprise piles on the stagflationary evidence as production expectations remain too optimistic... Source: Bloomberg The flip-flopping continues with Small Caps dow...

 2021-06-10 19:48 

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Melvin Capital Among Hedge Funds Losing $6 Billion On Latest Meme Squeeze...

Melvin Capital Among Hedge Funds Losing $6 Billion On Latest Meme Squeeze "Fool me once, shame on... shame on you. Fool me... you can't get fooled again," were the infamous words of former President Bush and we suspect that Steve Cohen protg G...

 2021-06-10 19:30 

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'Tentative Infrastructure Deal' Reached By Tiny Group Of Senators Led By Romney...

'Tentative Infrastructure Deal' Reached By Tiny Group Of Senators Led By Romney After talks between President Joe Biden and Sen. Shelly Moore Capito (R-WV) broke down earlier this week , a bipartisan group of 10 senators led by Mitt Romney (R-UT) ...

 2021-06-10 19:10 

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Household Net Worth Hits Record $137 Trillion, Up $25.6 Trillion Since COVID...

Household Net Worth Hits Record $137 Trillion, Up $25.6 Trillion Since COVID Another quarter, another record high in (mostly 0.01%er) household net worth. The Fed's latest Flow of Funds report released at noon today showed the latest snapshot of the U...

 2021-06-10 18:55 

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Banks Are So Stuffed With Cash They Tell Companies: No More Deposits...

Banks Are So Stuffed With Cash They Tell Companies: No More Deposits Authored by Mike Shedlock via MishTalk.com, Banks are so overloaded with cash they are losing money on deposits... No More Cash Please Some banks, awash in deposits, are encouraging corp...

 2021-06-10 18:29 

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El Chapo's 'Narco Beauty Queen' Wife Pleads Guilty To Helping Run Drug Empire...

El Chapo's 'Narco Beauty Queen' Wife Pleads Guilty To Helping Run Drug Empire Drug kingpin Joaquin "El Chapo" Guzman's wife has pleaded guilty for her role in helping her husband run his multi-billion dollar empire in a Washington ...

 2021-06-10 18:10 

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Watch: Rand Paul Says "Elitist" Fauci Believes Americans Too Stupid To See Through "Pseudoscience"...

Watch: Rand Paul Says "Elitist" Fauci Believes Americans Too Stupid To See Through "Pseudoscience" Authored by Steve Watson via Summit News, Senator Rand Paul blasted Dr Fauci Wednesday, labelling him "an elitist" who believes Amer...

 2021-06-10 17:50 

Zero Hedge

Next Week's Heat Wave To Bake Californians...

Next Week's Heat Wave To Bake Californians June is typically the month the wildfire season in California begins. The state is already battling an extreme drought, and the first heat wave of the season hit last week . The risks of another heat wave are...

 2021-06-10 17:32 

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Cargo Handlers Move To Airport Suburbs To Escape O'Hare Congestion...

Cargo Handlers Move To Airport Suburbs To Escape O'Hare Congestion By Eric Kulisch of Freight Waves , Ground service providers drowning in shipments delivered by airlines are responding to massive gridlock at Chicago O'Hare by permanently relocati...

 2021-06-10 17:12 

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Over 170 Houston Hospital Employees Suspended Without Pay For Refusing COVID-19 Vaccine...

Over 170 Houston Hospital Employees Suspended Without Pay For Refusing COVID-19 Vaccine Houston Methodist Hospital in Texas has suspended over 170 employees for two weeks without pay, after they refused to take the COVID-19 vaccine. The suspensions come a...

 2021-06-10 17:12 

Zero Hedge

Mediocre, Tailing 30Y Auction Redeemed By Jump In Foreign Demand...

Mediocre, Tailing 30Y Auction Redeemed By Jump In Foreign Demand After two stellar auctions earlier this week, when buyers just couldn't get enough of US paper, moments ago in the week's final auction, the Treasury sold $24 billion in 30Y paper (i...

 2021-06-10 16:56 

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France's Macron Urges G-7 To Sell Gold Reserves To Fund Bailout For Africa...

France's Macron Urges G-7 To Sell Gold Reserves To Fund Bailout For Africa Having been slapped in the face by an unemployed fan of medieval swordsmanship who said he is a right-wing sympathiser yesterday, French President Macron was back at work today...

 2021-06-10 16:35 

Zero Hedge

"Supply Bottlenecks" As An Excuse For Inflation...

"Supply Bottlenecks" As An Excuse For Inflation Authored by Daniel Lacalle via The Mises Institute, One of the arguments most used by central banks regarding the increase in inflation is that it is because of bottlenecks and that the recovery in d...

 2021-06-10 16:19 

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Oil Plunges After US Lifts Sanctions On Iranian Oil Officials...

Oil Plunges After US Lifts Sanctions On Iranian Oil Officials Oil is tumbling, dropping below the key $70 level, and sliding as low as $68.68 following a Bloomberg report that the US has lifted sanctions on Iranian oil officials as well as entities in Dub...

 2021-06-10 16:10 

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Jewish House Colleagues Blast Rep. Omar For Comparing Israel To Hamas & Taliban...

Jewish House Colleagues Blast Rep. Omar For Comparing Israel To Hamas & Taliban Outspoken 'Squad' members have once again sparked controversy dividing Democrats in Congress - this time over support for Israel, particularly coming off last month...

 2021-06-10 15:49 

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Ordinary New Yorkers (& Anthony Fauci) Make A Mockery Of "Science"...

Ordinary New Yorkers (& Anthony Fauci) Make A Mockery Of "Science" Authored by Andrea Widburg via AmericanThinker.com, Science is a buzzword on the left, but an Ami Horowitz video about masks, combined with Fauci's contention that attacking hi...

 2021-06-10 15:30 

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Here Is The Heatmap From Today's Red Hot CPI Report...

Here Is The Heatmap From Today's Red Hot CPI Report After the " eye-popping " April CPI report, expectations were for another big increase in consumer prices in May and boy, did the data not disappoint with core CPI surging another 0.7% (0.74%...

 2021-06-10 15:15 

Zero Hedge

Illegal Border Crossings Keep Climbing; 180,000 In May...

Illegal Border Crossings Keep Climbing; 180,000 In May Authored by Charlotte Cuthbertson via The Epoch Times, Customs and Border Protection apprehended 180,034 individuals illegally entering the United States in May, the highest month in 21 years. The age...

 2021-06-10 14:55 

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Half Of Pandemic Unemployment Funds May Have Been Stolen: Axios...

Half Of Pandemic Unemployment Funds May Have Been Stolen: Axios As much as half of the unemployment benefits paid by the US government over the past year may have been stolen through fraud, with the bulk ultimately ending up outside the country - likely i...

 2021-06-10 14:35 

Zero Hedge

Markets Have Bought The Fed's "Transitory" Narrative Hook, Line, & Sinker...

Markets Have Bought The Fed's "Transitory" Narrative Hook, Line, & Sinker Authored by Jesse Felder via TheFelderReport.com, April's inflation figures came in hotter than expected and [today's hotter than expected CPI] only adds to that...

 2021-06-10 14:16 

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"Ethical Failures": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns...

"Ethical Failures": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-traded fund. Chief Investment Officer Louis Crous said ...

 2021-06-10 13:56 

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Rabo: This Is What Real Supply-Chain Shocks Look Like...

Rabo: This Is What Real Supply-Chain Shocks Look Like By Michael Every of Rabobank Nemme US 10-year yields fell further again yesterday, in an even more insistent view that there isn't going to be any inflation. We are now back to 1.50%, meaning a who...

 2021-06-10 13:35 

Zero Hedge

Iran Issues Video Showing Missile-Laden Warships Steaming Across Atlantic For 1st Time...

Iran Issues Video Showing Missile-Laden Warships Steaming Across Atlantic For 1st Time US officials this week have been calling on Iran to immediately halt and turn around two of its warships believed bound for Venezuela . A trade and defense relationship...

 2021-06-10 13:23 

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Druck Slams Fed Manipulation As Stocks & Bond Yields Jump After CPI Soars...

Druck Slams Fed Manipulation As Stocks & Bond Yields Jump After CPI Soars Traders bid up US equity futures ahead of the bell after a hotter than expected inflation print this morning... The soaring CPI sent yields higher too... Billionaire fund manager St...

 2021-06-10 13:06 

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EU Calls For Unfettered Investigation Into Origins Of COVID-19...

EU Calls For Unfettered Investigation Into Origins Of COVID-19 Authored by Alexander Zhang via The Epoch Times, European Union leaders on Thursday called for an unfettered investigation into the origins of the CCP (Chinese Communist Party) virus , which t...

 2021-06-10 12:55 

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Over 11 Million Americans Are Still On Pandemic Jobless Benefits (Despite 9 Million Job Openings)...

Over 11 Million Americans Are Still On Pandemic Jobless Benefits (Despite 9 Million Job Openings) Initial Jobless claims continued their slide week-over-week (from 385k to 376k), but remain near pandemic lows (but are still almost double those pre-pandemi...

 2021-06-10 12:50 

Zero Hedge

England's Lockdown Could Continue Despite Deaths Being Below 5 Year Average...

England's Lockdown Could Continue Despite Deaths Being Below 5 Year Average Authored by Paul Joseph Watson via Summit News, England's lockdown measures could remain in place beyond the supposed "freedom day" on June 21st despite the fact t...

 2021-06-10 12:40 

Zero Hedge

Core Consumer Prices Surge At Fastest Rate Since 1992...

Core Consumer Prices Surge At Fastest Rate Since 1992 With the world's eyes having moved on from China's rip-roaring PPI (and post-data decision to unleash price controls) , this morning's CPI print has been heralded as the arbiter of "is ...

 2021-06-10 12:24 

Zero Hedge

Biden Launches Plan To Close Gitmo "Quietly" After Obama Tried & Failed...

Biden Launches Plan To Close Gitmo "Quietly" After Obama Tried & Failed Despite long being part of the Democrats' agenda, especially under Obama, closing America's most controversial post-9/11 detention facility at Guananamo Bay, Cuba has ...

 2021-06-10 12:06 

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Greenwald: Yet Another Media Tale - Trump Tear-Gassed Protesters For A Church Photo Op - Collapses...

Greenwald: Yet Another Media Tale - Trump Tear-Gassed Protesters For A Church Photo Op - Collapses Authored by Glenn Greenwald via greenwald.substack.com For more than a year, it has been consecrated media fact that former President Donald Trump and his W...

 2021-06-10 11:54 

Zero Hedge

ECB Keeps Policy Unchanged, Renews Pledge For Faster Bond Buying...

ECB Keeps Policy Unchanged, Renews Pledge For Faster Bond Buying As previewed this morning, after lots of noise, the ECB ended up keeping its key policy unchanged, and continues to see PEPP purchases "to continue at significantly higher pace" for ...

 2021-06-10 11:40 

Zero Hedge

"Super Thursday" Arrives: Futures Flat Ahead Of ECB Decision, Critical CPI Print...

"Super Thursday" Arrives: Futures Flat Ahead Of ECB Decision, Critical CPI Print Welcome to Super Thursday when in a double whammy of market-moving events we will first find out how the ECB intends to adjust monetary policy as Europe brings the pa...

 2021-06-10 11:34 

Zero Hedge

Bitcoin Climbs As Global Banking Regulators Give Crypto Mixed Blessing...

Bitcoin Climbs As Global Banking Regulators Give Crypto Mixed Blessing With bitcoin finally breaking back above $38K for the first time in the better part of a week ( maybe the FBI has finally finished dumping that crypto "ransom" from the Colonia...

 2021-06-10 11:07 

Zero Hedge

ECB Preview: Lots Of Noise, No Changes...

ECB Preview: Lots Of Noise, No Changes The ECB is set for a major decision on asset purchases at 745 am ET, though recent speeches point to little disagreement among members of the Governing Council. As intra-euro-area yield spreads widen, this seems to b...

 2021-06-10 10:30 

Zero Hedge

"Transitory" Inflation? - Sublime Yet Ridiculous...

"Transitory" Inflation? - Sublime Yet Ridiculous Authored by Matthew Piepenburg via GoldSwitzerland.com, History is a funny thing, almost as funny as human nature. The policy makers, including their latest meme of "transitory inflation," a...

 2021-06-10 09:45 

Zero Hedge

COVID-19 Vaccine Prices: Comparing The US & EU...

COVID-19 Vaccine Prices: Comparing The US & EU Over two billion COVID-19 vaccine doses have been administered around the world. But, as Visual Capitalist's Carmen Ang details below , the price governments have paid for the vaccine varies, depending on...

 2021-06-10 09:00 

Zero Hedge

First European Physical Gold ATM Opens In Prague, Czech Republic...

First European Physical Gold ATM Opens In Prague, Czech Republic Eleven years ago, we reported Abu Dhabi's Emirates Palace Hotel had installed the world's first physical gold ATM. And today, GoldSeek.com's Peter Spina reports that the first ph...

 2021-06-10 08:15 

Zero Hedge

The Places That Rich People Are Leaving...

The Places That Rich People Are Leaving Data shows that 16,000 Chinese and 7,000 Indian high net worth individuals moved out of their respective countries in 2019. The study by AfrAsia Bank covered only individuals with a net worth of $1 million to $9.9 m...

 2021-06-10 07:30 

Zero Hedge

Oxford Students Remove Queen's Portrait From College Common Room Over "Colonial History"...

Oxford Students Remove Queen's Portrait From College Common Room Over "Colonial History" Authored by Lily Zhou via The Epoch Times, A portrait of the Queen was removed from an Oxford college common room because the monarch represents "rece...

 2021-06-10 06:45 

Zero Hedge

Euro 2020 Favorites: Modeling The Beautiful Game...

Euro 2020 Favorites: Modeling The Beautiful Game Following a year of COVID-lockdown-driven delays, the Euro 2020 tournament kicks off on Friday 11 June when Turkey take on Italy in Rome. As fans from most of the continent's major 'footballing';...

 2021-06-10 06:00 

Zero Hedge

Zelensky Tells Biden Ukraine Needs Clear Plan For Accession To NATO...

Zelensky Tells Biden Ukraine Needs Clear Plan For Accession To NATO Authored by Ella Kietlinska via The Epoch Times, Ukrainian President Volodymyr Zelensky stressed in his phone conversation with U.S. President Joe Biden on Monday that Ukraine needs "...

 2021-06-10 04:10 

Zero Hedge

Israel Defense Forces Strike Syria, As Netanyahu Struggles To Remain...

Israel Defense Forces Strike Syria, As Netanyahu Struggles To Remain By South Front , Israel's political situation is proving quite precarious for Prime Minister Benjamin Netanyahu. As a result, he's struggling to prove that he's required at t...

 2021-06-10 03:50 

Zero Hedge

China's White Collar Workers Face Invasive Surveillance By 'Big Tech' Overlords...

China's White Collar Workers Face Invasive Surveillance By 'Big Tech' Overlords For a Communist nation, the People's Republic has notoriously weak labor protections. While gig economy workers face tremendous pressure to put in long hours w...

 2021-06-10 03:30 

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Blinken Props Up Biden In European Charade For New Cold War...

Blinken Props Up Biden In European Charade For New Cold War Authored by Finian Cunningham via The Strategic Culture Foundation, Blinken is staying close to his boss during the whirlwind tour, because Biden is liable to spin out of control and reap an emba...

 2021-06-10 03:10 

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Wuhan Lab 'Experts' Deny Lab Leak, Claim No Workers Sickened With COVID-19...

Wuhan Lab 'Experts' Deny Lab Leak, Claim No Workers Sickened With COVID-19 Anonymous experts at the Wuhan Institute of Virology (WIV) have dismissed theories that COVID-19 leaked from their lab, as well as US intelligence that three lab workers fe...

 2021-06-10 02:50 

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Hydroxychloroquine & Azithromycin Boosted Survival Of Ventilated COVID-19 Patients By 200%: New Study Confirms...

Hydroxychloroquine & Azithromycin Boosted Survival Of Ventilated COVID-19 Patients By 200%: New Study Confirms Authored by Tom Ozimek via The Epoch Times, A new study has found that the use of weight-adjusted hydroxychloroquine (HCQ) and azithromycin (AZM...

 2021-06-10 02:44 

Zero Hedge

TC Energy Cancels Keystone XL Pipeline For Good...

TC Energy Cancels Keystone XL Pipeline For Good By OilPrice.com The Keystone XL pipeline project's owner, TC Energy , said on Wednesday that it has terminated the controversial pipeline project that would have served as a lifeline to Canadian oilsands...

 2021-06-10 02:35 

Zero Hedge

Goldman Explains Why The Economy Won't Overheat, No Matter What Tomorrow's CPI Shows...

Goldman Explains Why The Economy Won't Overheat, No Matter What Tomorrow's CPI Shows Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious short squeeze discussed earlier ... ... and as post-pand...

 2021-06-10 02:10 

Zero Hedge

LA Sheriff Attributes Crime Surge To Soros-Backed DA Gascn, Supports Recall...

LA Sheriff Attributes Crime Surge To Soros-Backed DA Gascn, Supports Recall Authored by Chris Karr via The Epoch Times, The city of Los Angeles saw a sharp 36 percent increase in homicides in 2020—but the L.A. County sheriff said this year is lookin...

 2021-06-10 01:50 

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Mongolia Reports Fresh COVID Outbreak Despite High Vaccination Rates...

Mongolia Reports Fresh COVID Outbreak Despite High Vaccination Rates For weeks now, Mongolia has been touted as an unexpected success story in the international vaccination project: the poor, mostly rural country lies between northeastern China and Russia...

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