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NBA Gives Award To Montrezl Harrell, Who Called Opponent A “B*tch Ass White Boy” Days Ago Tyler Durden Sat, 09/05/2020 – 15:25 The NBA has undoubtedly been in the spotlight of the social justice battle currently taking place across the country. Most recently, the NBA made news when it cancelled a slate of playoff games…

Powell Says Jobs Report Was “Good” But Sees Low Rates “For Years” Tyler Durden Fri, 09/04/2020 – 16:37 In his first appearance since last week’s historic revision of the Fed’s mandate to one targeting higher inflation via an Average Inflation Targeting regime, Fed Chair Powell had some good and some not so good news about…

America’s Summer Exodus: Thousands Flee The Cities Every Day Because They Don’t Feel Safe Tyler Durden Fri, 09/04/2020 – 16:20 Authored by Michael Snyder via The End of The American Dream blog, In modern American history, we have never seen such a sudden mass exodus away from our major cities.  Overall, the U.S. economy is…

Gamma-Unwind Sparks Markets’ Worst Week In 6 Months As Dollar Spikes Tyler Durden Fri, 09/04/2020 – 16:01 It’s the gamma, stupid! That much accumulated “short gamma” doesn’t just go away in a ~4% flush – the Street is still very much in a dangerous space, and that flow is still out there in full “Resevoir…

The Seven Reasons We Obey Authority Tyler Durden Fri, 09/04/2020 – 00:00 Authored by Phillip Schneider via Phillipschneider.com, Rebels are a very important part of society, but they rarely get the recognition they deserve. They help us break through old norms and keep us from falling into groupthink. However, human nature urges most of us to remain…

House Will Vote On “Historic” Marijuana Decriminalization Bill In September Tyler Durden Thu, 09/03/2020 – 23:40 At the same time Democrats are trying to put a woman second in line for the Presidency who has a scorching record of jailing over 1,500 people for marijuana violations in barely 5 years as California DA, the U.S.…

California’s Odd Desire To Suffocate The “Gig Economy” Tyler Durden Thu, 09/03/2020 – 23:20 Authored by Gerard Scimeca via RealClearMarkets.com, If our current economy were a swimmer paddling furiously against a surging tide, then California is determined to hand it an anchor. Millions of Americans who work to make ends meet through freelance work in…

World Food Prices Rise For Third Consecutive Month In August Tyler Durden Fri, 09/04/2020 – 02:45 As global central banks continue to flood the system with money, insisting inflation is non-existent, as such, the Federal Reserve last week announced a new approach to inflation would let it run over the 2% target, food price inflation is rising…

Portland Murder Suspect Dead After Pulling Gun On Feds During Arrest; Admitted Guilt Hours Earlier In Vice Interview

Novichok, Navalny, Nordstream, Nonsense Tyler Durden Fri, 09/04/2020 – 02:00 Authored by Craig Murray, Once Navalny was in Berlin it was only a matter of time before it was declared that he was poisoned with Novichok. The Russophobes are delighted… This of course eliminates all vestiges of doubt about what happened to the Skripals, and proves…

Black Lives Matter Protester Arrested In Washington Was Also At Riots In Portland And Kenosha Tyler Durden Thu, 09/03/2020 – 16:40 Authored by Isabel van Brugen via The Epoch Times, A Black Lives Matter protester arrested during riots in Washington over the weekend had also attended riots in Kenosha and Portland, police said Monday, as the Justice Department announced it would be…

Albert Edwards Furious As Fed Resorts To “Virtue Signaling” Which Will Crush The Poor Tyler Durden Thu, 09/03/2020 – 16:20 Much has been said in recent days about the death of the Phillips Curve, which was officially cast into the funeral pyre last week when the Fed unveiled its new approach to monetary policy, which…

“We Should Be Concerned” – Fed Spooked By Biggest Market Crash Since March Tyler Durden Thu, 09/03/2020 – 16:01 US equity market crashed most since March today (Nasdaq down 6% at its worst and The Dow down over 1000pts at its nadir)… The S&P 500’s longest streak of intraday all-time-highs since 1998 is now over……

81 Scientists Back Biden After He Commits To Shuttering Economy If Advised… By Scientists Tyler Durden Wed, 09/02/2020 – 16:24 81 Nobel laureates – scientists who should, in theory, be apolitical – have endorsed Democratic presidential nominee Joe Biden in his bid for the White House, according to The Hill. In an open letter released…

S&P Reaches Critical Resistance, Valuation At Record High As Liquidity Crashes Tyler Durden Wed, 09/02/2020 – 16:00 The S&P 500’s P/E multiple just broke above the all-time highs from the dotcom bubble… Source: Bloomberg As the S&P 500 reaches a critical resistance level… Source: Bloomberg And the record surge higher in stocks is occurring as…

Robinhood Faces SEC Probe For Misleading Customers About HFTs Frontrunning Their Orders Tyler Durden Wed, 09/02/2020 – 15:52 A few months ago, we published an amusing account of how the Ken Griffin-owned HFT firm Citadel sicced its army of white-shoe lawyers on Zero Hedge after we dared to explain to our audience exactly why RobinHood…

How “Silence Is Violence” Is The Ultimate Expression Of Entitlement Tyler Durden Tue, 09/01/2020 – 16:25 Authored by Jonathan Turley, “Silence is violence” has everything that you want in a slogan: Alliteration. Brevity. Simplicity. It also can be chilling for some in the academic and free-speech communities. On one level, it conveys a powerful message that…

“Option Insanity” Leads To Furious Meltup: Apple Bigger Than Russell, Emini New Record High Tyler Durden Tue, 09/01/2020 – 16:04 For better or worse, the market continues to be defined by AAPL, which today crossed a historic threshold when thanks to its latest 4% ramp, it surpassed the entire market cap of the Russell 2000.…

Florida Cuts Ties With Quest Labs Over Delays, Roche Unveils New COVID-19 ‘Rapid Test’: Live Updates Tyler Durden Tue, 09/01/2020 – 16:03 Summary: Roche plans launch of rapid test in Europe Texas could reopen businesses next week MLB delays another game Florida cuts ties with Quest Arizona cases tick higher Brazil slides back into recession…

Stocks & Silver Soar For 5th Straight Month, Bonds & Dollar Dumped Tyler Durden Mon, 08/31/2020 – 16:01 August 2020’s 7.3% surge in the major US market index is the largest August gain since 1984 (when the S&P 500 rose 10.63%), but as the chart below shows Trannies almost doubled those gains… Source: Bloomberg Crazy…

New Jersey Governor “Very Seriously” Considering Tax On High-Frequency Trades Tyler Durden Mon, 08/31/2020 – 15:50 Money managers and wealthy individuals don’t need another reason to leave the Garden State. But Democratic Gov. Phil Murphy – yet another Goldman Sachs alum who found his way into politics – might just give them one. Hours after…