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Facebook Moves To Censor Internal Debate As More Employees Quit In Protest Tyler Durden Thu, 09/17/2020 – 16:20 After a handful of employees quit so they could speak out about Facebook’s insufficient internal ‘woke’-ness, Facebook CEO Mark Zuckerberg has finally decided how he’s going to handle what has been described as an internal rebellion. The…

“Sell All The Things!” – Tech Wrecked, Dollar Dumped, & SNOW Flaked Tyler Durden Thu, 09/17/2020 – 16:00 Since Powell dropped his statement yesterday – explaining what The Fed hopes will happen but not how it will make it happen – investors have switched into sell-all-the-things mode with the dollar, stocks, bonds, and gold all…

Foreigners Dump Record $54BN In Corporate Debt As Japan Treasury Holdings Surge To All Time High Tyler Durden Wed, 09/16/2020 – 16:36 Foreigners resumed selling long-term US Treasuries in July, offloading $22.8 billion (after buying $28.9BN in June), in yet another spending spree led by foreign official institutions, i.e. central banks, SWFs and reserve managers,…

US COVID Herd Immunity Calculated At 12% Of The Population Tyler Durden Wed, 09/16/2020 – 16:20 When discussing long-term solutions to pandemic, which is clearly not going to go away on its own while about half the population may refuse to be vaccinated, epidemiologists argue that if 60% or more of the population gains immunity…

WTI Extends Gains After Huge Crude Draw Tyler Durden Tue, 09/15/2020 – 16:34 Oil prices rallied to one-week highs after China economic data provided some hope for a rebound in demand, which outweighed any anxiety caused by the EIA who warned the market outlook has grown “even more fragile” with a resurgence of the pandemic. Despite…

Isn’t It Obvious We Need A New System? Tyler Durden Tue, 09/15/2020 – 16:20 Authored by Charles Hugh Smith via OfTwoMinds blog, Why do we tolerate such a corrupt, undemocratic, exploitive, elite-dominated system? Because we have no other choice? No, we do have a choice. Isn’t it obvious that we need an alternative economic system…

Kim ‘Krashdashian’ Breaks The Market Despite SPACs, Snowflake, & Soaring Zombies Tyler Durden Tue, 09/15/2020 – 16:00 Buffett barreling into Snowflake’s IPO, yet more SPACs, WTO Ruling against US (in favor of China), a snooze-fest Apple event with no iPhones, a continuing collapse in Exxon, Kim ‘Krashdashian’ ‘freezing’ her Facebook/Instagram account, and the rise of…

Netflix Backlash: Fury Over “Cuties” Sparks #CancelNetflix Movement Tyler Durden Mon, 09/14/2020 – 16:40 Netflix’s decision to carry a controversial French film hypersexualizing young girls has prompted a mass exodus – with some 600,000 subscribers vowing to cancel the service over the movie, according to Bloomberg. The film, Cuties, was picked up by Netflix after…

Small Caps, Big-Tech, & Bullion Bounce As Dollar Dives Tyler Durden Mon, 09/14/2020 – 16:03 The ‘Rick Astley’ market is back… “Never gonna let you down”… Another day, another short-squeeze (“most shorted” stocks rose 3% on the day, erasing the losses from Thursday and Friday)… Source: Bloomberg Which explains why Small Caps outperformed so handsomely.…

Princeton Math Prof Dares To Challenge University’s “Systemic Racism” Narrative Tyler Durden Sun, 09/13/2020 – 16:15 Authored by Jezzamine Wolk via Campus Reform, A mathematics professor at Princeton University is now calling out the Ivy League institution’s president, Christopher Eisgruber, after he released a letter to the community regarding his plans to “combat systemic racism” at Princeton. The president’s…

“Fishy As Hell”: Graham Slams ActBlue Over Anonymous Donations After Group Drops Nearly $200 Million On Biden Campaign Tyler Durden Sun, 09/13/2020 – 15:50 Senator Lindsey Graham (R-SC) has sounded the alarm following a Fox News report that ActBlue – a leftist nonprofit political action committee (PAC) which has donated $194 million to the Biden…

Beijing Says TikTok’s Algorithm “Not For Sale” As Deadline Looms Tyler Durden Sun, 09/13/2020 – 15:25 As both ByteDance and Washington dig in their heels in a dispute over a potential sale of TikTok’s US-focused business, the Chinese tech upstart has just sent out its latest trial balloon in what has become a rapidly escalating…

Popular Wrestler Executed In Iran Despite Plea From Trump & Olympic Committee  Tyler Durden Sat, 09/12/2020 – 16:20 Despite a months-long global outcry, Iran has executed a nationally famous champion wrestler on Saturday. 27-year old Navid Afkari had been convicted of the 2018 stabbing and murder of a security guard during a wave of anti-government unrest, which…

‘The Atlantic’ Escalates Its TDS-Tantrum, Urges End To Nobel Peace Prize After Second Trump Nomination Tyler Durden Sat, 09/12/2020 – 15:55 Authored by Stephen Kruiser via PJMedia.com, Trump Derangement Syndrome at ‘The Atlantic’ Reaches a Fever Pitch The poor dears. The Atlantic  is a magazine that will be 163 years old two days before the presidential…

Google ‘Geofence’ Warrants Keep Locking Up Innocent People Who Were In Proximity Of A Crime Scene Tyler Durden Sat, 09/12/2020 – 15:30 Months ago we detailed an incredibly scary and Orwellian tool in the local police arsenal known as a “geofence warrant”. As described at the time it’s essentially a virtual dragnet over crime scenes…

Escobar: From 9/11 To ‘The Great Reset’ Tyler Durden Fri, 09/11/2020 – 16:20 Authored by Pepe Escobar via The Asia Times, Davos types issue a new “with us or against us” ultimatum eerily reminiscent of the old 9/11 world… 9/11 was the foundation stone of the new millennium – ever as much indecipherable as the…

Big-Tech & Black Gold Battered As Bonds & Bullion Bounce Back Tyler Durden Fri, 09/11/2020 – 16:00 “Margin Calls, Gentlemen!” Stocks are down for the second week in a row with Nasdaq leading the plunge (worst week in almost six months)… The mega-tech heavy index is now down almost 11% from record highs… The Dow…

Illinois And The Mail-In Voting Election Mess Tyler Durden Fri, 09/11/2020 – 15:45 Authored by Mark Glennon via Wirepoints.org, The Illinois General Assembly held no hearings when it passed legislation this spring to vastly expand mail-in voting in the state. That’s right, no hearings were held on historic changes to the most important element of…

Steele “Acted Crazy” – FBI Handler Says “People’s Ears Were Bleeding” Tyler Durden Thu, 09/10/2020 – 16:40 Authored by Eric Felten via RealClearInvestigations.com, “Crazy” was the term the FBI agent used to describe the behavior of Christopher Steele, author of the now-debunked Trump-Russia dossier. “I’ve seen crazy source-related stuff in 20 years in New York…

JPM Becomes First Wall Street Bank To Demand Traders Return To The Office Tyler Durden Thu, 09/10/2020 – 16:20 Citigroup just made history earlier today by appointing the first female CEO of a Wall Street megabank. Now, JPMorgan is setting a precedent of its own: becoming the first bank to demand that traders get back…

“I’m Over-Leveraged…” – Watch Barstool’s Dave Portnoy Sell Stocks Into Close Tyler Durden Thu, 09/10/2020 – 16:15 The US stock market lost ground in the late Thursday session, as technology stocks lost steam. Robinhood traders tried to buy-the-dip in the morning but were monkey hammered from 10:00 ET and beyond. The short-lived rally on Wednesday trapped newbie traders into…