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Another Massively Oversubscribed Term Repo Confirms Persisting Liquidity Woes
Another Massively Oversubscribed Term Repo Confirms Persisting Liquidity Woes Two days after dealers unexpectedly flooded the first reduced term-repo (from $35BN previously to $30BN) offered by the Fed, the liquidity shortage in the repo market – which was supposed to be temporary and few if any strategists said would continue beyond year-end – persists, and […]
OPEC+ Committee Fails To Agree On Proposed Production Cuts
OPEC+ Committee Fails To Agree On Proposed Production Cuts Oil futures remain in a bear market following the collapse in oil demand from China amid two-thirds of its economy shutdown following the coronavirus outbreak. This forced the OPEC+ technical committee to meet in Vienna, Austria, for a third day this week, to discuss the importance of slashing […]
US Launches Criminal Probe Into JPMorgan For Gold Price Manipulation
US Launches Criminal Probe Into JPMorgan For Gold Price Manipulation There was a time when the merest mention of gold manipulation in “reputable” media was enough to have one branded a perpetual conspiracy theorist with a tinfoil farm out back… and immediately banned from social media. That was roughly coincident with a time when Libor, […]
Iran War Was “Closer Than You Thought”, Trump Admits
Iran War Was “Closer Than You Thought”, Trump Admits In what the administration has described as an “off-the-record lunch” on Tuesday, President Trump told television anchors hosted at the White House that war with Iran was “closer than you thought,” according to The Wall Street Journal. It’s an annual tradition for the president to host television anchors from […]
There Is Something Very Strange In The Latest Chinese Official Coronavirus Numbers
There Is Something Very Strange In The Latest Chinese Official Coronavirus Numbers Moments ago, China’s National Health Commission released the latest daily coronavirus epidemic numbers for February 5. What they showed is that the total number of deaths jumped by the biggest daily total since the start of the epidemic, rising by 73 to 563, while the […]
Foxconn Extends Delay, Won’t Restart iPhone Production Until Late February
Foxconn Extends Delay, Won’t Restart iPhone Production Until Late February Everything is wonderful Wednesday morning, because an unverified report from Chinese state television sparked a massive surge in equity futures as the Communist Party-controlled media intimated that the coronavirus might soon be cured. Cure or no cure, it’s clear the Chinese are going all-in on propaganda for […]
Discovery Of Coronavirus On Doorknob Of Infected Patient Sparks Transmission Concerns
Discovery Of Coronavirus On Doorknob Of Infected Patient Sparks Transmission Concerns Until now, the prevailing conventional wisdom was that China’s coronavirus epidemic, which has spread to over 20,600 people around the globe as of February 3, did so by air or, according to some recent and unconfirmed speculation, human feces. That may be about to […]
Zerohedge’s Twitter Account is Permanently Banished
Zerohedge’s Twitter Account is Permanently Banished Most of you reading this will be aware that Zerohedge’s prolific and highly popular twitter account with over 670,000 followers was on the receiving end of a lifetime ban by the Twitter politburo. This post won’t focus on the details of this specific ban, but if you want to […]
CDC “Preparing For Coronavirus Pandemic” As It Confirms 11th US Case In California: Virus Updates
CDC “Preparing For Coronavirus Pandemic” As It Confirms 11th US Case In California: Virus Updates Update (1140AM ET): The number of confirmed coronavirus cases in the US is starting to increase at a concerning pace, and moments ago, the CDC confirmed in a telebriefing that there are 11 cases in the US. U.S. CDC CONFIRMS 11 […]
India To Probe Wuhan Institute Of Virology
India To Probe Wuhan Institute Of Virology It appears that around the time we suggested someone reach out to the Wuhan Institute of Virology to get some answers about the origin of the deadly Coronavirus epidemic (which Twitter decided was sufficient to get us barred from the platform), India was doing just that. According to The […]
WHO Warns “Countries Should Prepare For Local Outbreaks” As Pentagon Increases Quarantine Housing
WHO Warns “Countries Should Prepare For Local Outbreaks” As Pentagon Increases Quarantine Housing Summary: 14,550 confirmed cases worldwide, 19,544 suspected cases, 304 deaths, 2,110 in serious/critical condition, 328 in China treated and released; 138,000 under observation First death outside China recorded in the Philippines 24 countries reporting cases Philippines, New Zealand join list of countries […]
Mayor Of City With 6 Million People Next To Wuhan Warns Of “Significant Increase” In Coronavirus Cases This Weekend
Mayor Of City With 6 Million People Next To Wuhan Warns Of “Significant Increase” In Coronavirus Cases This Weekend One month into the worst viral pandemic in decades, China appears woefully unprepared to respond appropriately and decisively to a disease that has infected over 12,000 around the globe. This became obvious after several Chinese officials […]
Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing “Immeasurable Damage”
Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing “Immeasurable Damage” Just in case a global viral pandemic, whose sources are still unclear and apparently now include human feces, wasn’t enough, the global outrage meter is about to go “up to eleven” with Japan now set to flood the world’s oceans […]
China Outraged As World Cancels Flights And Shuts Borders Amid Coronavirus Outbreak
China Outraged As World Cancels Flights And Shuts Borders Amid Coronavirus Outbreak Countries that surround China have closed their border crossings and halted trade this week, air carriers across the world have also suspended flights to and from the country because of the novel coronavirus outbreak. Beijing has responded with outrage, by saying the measures enacted by the […]
Second Chinese City Bars Residents From Leaving Their Homes, Apple Closes All Offices & Stores In China
Second Chinese City Bars Residents From Leaving Their Homes, Apple Closes All Offices & Stores In China Since our last update Friday evening, the situation on the ground in China has reportedly gone from bad to worse. The true extent of Beijing’s ‘quarantine’ has been exposed – and not just the ridiculously oppressive tactics exercised […]
