Another 90,000 Airline Jobs Set To Disappear By Year-End As National Lockdown Looms

Another 90,000 Airline Jobs Set To Disappear By Year-End As National Lockdown Looms Tyler Durden Thu, 11/12/2020 – 15:11 Despite the bullish news surrounding Pfizer’s COVID-19 vaccine earlier this week, lifting airline stocks to the stratosphere, on hopes of a recovery in the severely beaten down travel and tourism sector, an industry group warned Thursday about the…

PA Judge Rules Some Late Ballots Don’t Count; Secretary Of State ‘Lacked Authority’ To Extend ID Deadline

PA Judge Rules Some Late Ballots Don’t Count; Secretary Of State ‘Lacked Authority’ To Extend ID Deadline Tyler Durden Thu, 11/12/2020 – 14:50 A Pennsylvania judge ruled on Thursday that the state cannot count late ballots which required voters to provide proof of identification to ‘cure’ them by an arbitrary deadline set by the Secretary…

Goldman Spots An “Early Indicator” US Economy Is Rolling Over Due To Covid Resurgence

Goldman Spots An “Early Indicator” US Economy Is Rolling Over Due To Covid Resurgence Tyler Durden Wed, 11/11/2020 – 15:31 One day after a historic resurgence in value/growth/reflation stocks on the back of optimism the Pfizer vaccine could lead to a quick end to the covid pandemic, the reflation rotation appears to be rolling over…

Pfizer News Sparked “Tremendous” Surge In Trading Volumes

Pfizer News Sparked “Tremendous” Surge In Trading Volumes Tyler Durden Wed, 11/11/2020 – 15:14 Just in case anyone missed the unprecedented market moves on Monday, when news of a 90% effective Pfizer vaccine sparked a once in a lifetime 15-sigma momentum-to-value rotation, and which saw non-tech/growth/momentum stocks explode higher pushing the S&P to fresh all…

Professor Declares “Legal Vote” A Racist Term Like “Handouts” & “Personal Responsibility”

Professor Declares “Legal Vote” A Racist Term Like “Handouts” & “Personal Responsibility” Tyler Durden Wed, 11/11/2020 – 15:00 Authored by Jonathan Turley, We previously discussed the views of Boston University professor and head of the school’s Center for Antiracist Research Ibfram X. Kendi after his infamous description of Justice Amy Coney Barrett as a “white colonizer” for adopting two…

Biden Says Trump Refusal To Concede Is “An Embarrassment”, Releases List Of All Transition Teams

Biden Says Trump Refusal To Concede Is “An Embarrassment”, Releases List Of All Transition Teams Tyler Durden Tue, 11/10/2020 – 15:24 While president Trump mounts a full-blown legal challenge to the election results, during a Tuesday press conference, Joe Biden called Donald Trump’s refusal to concede the election “an embarrassment” and vowed to go push…

Why Biden Should Second Trump’s Call For Ballot Reviews

Why Biden Should Second Trump’s Call For Ballot Reviews Tyler Durden Tue, 11/10/2020 – 15:10 Authored by J.Peder Zane via RealClearPolitics.com, If Joe Biden wants to bring our country together, he should endorse President Trump’s demand not only for recounts but extensive ballot reviews in at least the four states where the Democrat now leads…

One Bank Asks If Pfizer’s Delayed Vaccine News Changed The Outcome Of The Election

One Bank Asks If Pfizer’s Delayed Vaccine News Changed The Outcome Of The Election Tyler Durden Tue, 11/10/2020 – 14:55 Authored by Jim Reid, chief credit strategist at Deutsche Bank Four charts today with as few words as possible. I wanted to include three charts from weekend pieces from our US equity and FX strategists…

“Bulls For The Win, Bears Have Nothing, Everything Is Great, Right?”

“Bulls For The Win, Bears Have Nothing, Everything Is Great, Right?” Tyler Durden Mon, 11/09/2020 – 15:40 Authored by Sven Henrich via NorthmanTrader.com, Bull Targets First off: Great news. As I’m sitting here in the UK with lockdown number 2 I’m very pleased to hear the news of the Pfizer vaccine. I hope it’s a…

PA Supreme Court To Hear Challenge Over 800K ‘Invalid’ Votes; Nevada Poll Worker Attests To Outright Fraud

PA Supreme Court To Hear Challenge Over 800K ‘Invalid’ Votes; Nevada Poll Worker Attests To Outright Fraud Tyler Durden Mon, 11/09/2020 – 15:20 The Pennsylvania Supreme Court has agreed to consider a GOP challenge claiming that Republican observers were unable to oversee ballot counting, thereby invalidating hundreds of thousands of votes, according to Reuters. The…

Internal Docs Suggest Nikola Used Customer Deposits For “Working Capital” Purposes

Internal Docs Suggest Nikola Used Customer Deposits For “Working Capital” Purposes Tyler Durden Mon, 11/09/2020 – 15:00 A leaked 2016 Nikola business plan has suggested that the company was using customer deposit money to fund its operating expenses after it claimed in 2018 it “hadn’t spent a single dollar” of the deposits. The document also…

Hedge Fund CIO: “This Election Outcome Allows Everyone To Convince Themselves That They Were Right”

Hedge Fund CIO: “This Election Outcome Allows Everyone To Convince Themselves That They Were Right” Tyler Durden Sun, 11/08/2020 – 15:20 By Eric Peters, CIO of One River Asset Management “If they’re coming after FiveThirtyEight, then the answer is f— you, we did a good job!” said Nate Silver, legendary statistician, bloodshot eyes, looking like…

AOC vs. DNC: Ocasio-Cortez Threatens To Quit Politics, Slams “Hostile” Dems For Not Being Progressive Enough

AOC vs. DNC: Ocasio-Cortez Threatens To Quit Politics, Slams “Hostile” Dems For Not Being Progressive Enough Tyler Durden Sun, 11/08/2020 – 14:55 Just hours after the mainstream media has anointed Joe Biden as President-Elect, Rep. Alexandria Ocasio-Cortez seems to be having some type of meltdown. With Trump on his way out of office, AOC has turned…

Georgia County Rescanning Ballots After Discovering Reporting Issue

Georgia County Rescanning Ballots After Discovering Reporting Issue Tyler Durden Sun, 11/08/2020 – 14:30 Update 1500ET: Brendan Keefe, chief investigator at Atlanta’s WXIA, says that the issue “*may* significantly affect the current Biden lead in Georgia.” Major Georgia update: Fulton County will rescan specific types of ballots. Some “were not captured” in the Friday night…

US COVID-19 Deaths Top 1,000 For 4th Time This Week As World Awaits Biden Plan: Live Updates

US COVID-19 Deaths Top 1,000 For 4th Time This Week As World Awaits Biden Plan: Live Updates Tyler Durden Sat, 11/07/2020 – 15:35 Summary: US deaths top 1k for 4th day Biden plans 12-member task force US tops 100k new cases for 3rd straight day Globally, world nears 49 million cases Deaths slow after global…

Let’s Take Stock Of Where We Are

Let’s Take Stock Of Where We Are Tyler Durden Sat, 11/07/2020 – 15:15 Authored by Michael Anton via American Greatness, If the Democrats just ram these election results through without explaining, then the legitimacy not just of our electoral system but of our entire government may suffer a fatal blow… The 2020 election in particular,…

Mapping The States Where It’s Legal To Smoke Marijuana

Mapping The States Where It’s Legal To Smoke Marijuana Tyler Durden Sat, 11/07/2020 – 14:45 Successful ballot measures in the 2020 U.S. election legalized recreational marijuana in Arizona, New Jersey, South Dakota and Montana, bringing the tally of legal weed states to 15 (along with D.C.). As Statista’s Niall McCarthy notes, the new developments cement the American West as…

Software ‘Glitch’ In Michigan Erroneously Gave 1000s Of Votes To Biden; Up To 47 Counties Compromised

Software ‘Glitch’ In Michigan Erroneously Gave 1000s Of Votes To Biden; Up To 47 Counties Compromised Tyler Durden Fri, 11/06/2020 – 15:40 Software used to tabulate votes cast in 47 Michigan counties erroneously gave 6,000 votes to Joe Biden in Anterim County, according to state GOP Chairwoman Laura Cox. “In Antrim County, ballots were counted…

PA USPS Official Willing To Testify Under Oath Over Ballot-Backdating

PA USPS Official Willing To Testify Under Oath Over Ballot-Backdating Tyler Durden Fri, 11/06/2020 – 15:25 Authored by Joseph Jankowski via PlanetFreeWill.com, A Pennsylvania United States Postal Service worker says they are willing to testify under oath over an apparent ballot backdating scheme that has played out at the public mail service, reports Jame’s O’Keefe…

China Outraged After Pompeo Removes Terrorist Label From Group Dubbed ‘Chinese ISIS’

China Outraged After Pompeo Removes Terrorist Label From Group Dubbed ‘Chinese ISIS’ Tyler Durden Fri, 11/06/2020 – 15:00 China expressed outrage and frustration Friday after the US officially delisted the East Turkestan Islamic Movement (ETIM) as an official terror organization.  The group is a hardline Islamist group rooted in Muslim Uighur-dominant Xinjiang province that has sent foreign fighters…

In FX, It’s “All About One Thing Now”

In FX, It’s “All About One Thing Now” Tyler Durden Thu, 11/05/2020 – 15:40 Having made waves across FX desks with his Wednesday call to end his long-running dollar short trade  (ironically just one day before the biggest drop in the BBDXY since August), Deutsche Bank’s FX strategist George Saravelos today asks with the US…

Georgia Hints At Recount While PA Judge Orders Flawed Ballots To Be Segregated

Georgia Hints At Recount While PA Judge Orders Flawed Ballots To Be Segregated Tyler Durden Thu, 11/05/2020 – 15:36 Update (1510ET): Two GOP candidates have dropped a lawsuit alleging improprieties in the handling of mail-in ballots in Montgomery County, PA. In what is clearly a tactical retreat, the GOP congressional candidate Kathy Barnette says because…

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