WTI ‘Off The Lows’ After Bigger Than Expected Crude Draw

WTI ‘Off The Lows’ After Bigger Than Expected Crude Draw Tyler Durden Tue, 08/11/2020 – 16:34 Despite an early bounce on vaccine headlines, WTI reversed lower (again) at a key technical level (200DMA)… “We still continue to have an overhang and a significant amount of spare capacity within OPEC,” said Bart Melek, head of global commodity…

Has America Entered A New Era Of Permanent Civil Unrest?

Has America Entered A New Era Of Permanent Civil Unrest? Tyler Durden Tue, 08/11/2020 – 16:25 Authored by Michael Snyder via TheMostImportantNews.com, In 2020, it seems like each new day brings more headlines about chaos on the streets of America, and on Monday that included violence right outside the gates of the White House.  It…

Gundlach Live Webcast: The DoubleLine Bond King’s Latest Market Take

Gundlach Live Webcast: The DoubleLine Bond King’s Latest Market Take Tyler Durden Tue, 08/11/2020 – 16:23 It’s that time of the month for the bond king, Jeff Gundlach, to update investors in his DoubleLine fund – and everyone else – on his latest views and his outlook on the economy and markets. Readers can jump…

Scientists discover new kind of powerful, BOOMERANG earthquake which generates underground ‘sonic booms’

For the first time in history, scientists have confirmed the existence of mysterious and extremely powerful ‘boomerang’ earthquakes, throwing open the possibility of even more devastating types of seismic events. Researchers led by Stephen Hicks, an earthquake seismologist at the Imperial College London, studied data from 39 seismometers placed near the Mid-Atlantic Ridge to monitor…

‘Not a single life is worth what’s happening now’: Opposition leader Tikhanovskaya says she left Belarus of her own accord

Svetlana Tikhanovskaya says it was her own decision to leave Belarus for Lithuania, supporting the claim by the Belarusian authorities that she departed from the country voluntarily. In a video message, she said the decision had been “very hard” for her, but she hadn’t been pressured into making the choice. “I made this decision absolutely…

Covid-19 pandemic numbers stabilizing around the world at last – AFP tally

As the world surpasses 20 million Covid-19 cases, the latest tally figures suggest that the pandemic is stabilizing. It comes as Russia hit a major milestone in the global battle against the virus by approving the first vaccine. An AFP tally of official sources found that while the world has shot past the 20 million…

The Economy Is Mortally Wounded

The Economy Is Mortally Wounded Tyler Durden Mon, 08/10/2020 – 16:25 Authored by Charles Hugh Smith via OfTwoMinds blog, A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. We all know the movie scene in which the character is wounded but dismisses it as no big deal,…

Silver Soars Amid Momo Meltdown, Apple Almost As Big As Entire Russell 2000

Silver Soars Amid Momo Meltdown, Apple Almost As Big As Entire Russell 2000 Tyler Durden Mon, 08/10/2020 – 16:00 The last two days have seen the biggest plunge in momentum since the early June quant-quake… Source: Bloomberg As the reflation trade inflects as money supply falls for two straight weeks… Source: Bloomberg …and momentum vs…

Americans Are Continuing To Die From Drinking Hand Sanitizer 

Americans Are Continuing To Die From Drinking Hand Sanitizer  Tyler Durden Mon, 08/10/2020 – 15:45 US health officials are still having to verbalize what most would think is only too obvious: don’t drink hand sanitizer. During the past two summer months as lockdowns have endured in a number of states, and as large states like Texas…

Belarusian protesters commanded from abroad, including Poland, UK & Czech Republic – President Lukashenko

The violent protests across Belarus after Sunday’s presidential election were directed from abroad, re-elected President Alexander Lukashenko claimed. He also blamed foreign countries for internet connection troubles. The country’s special services intercepted phone calls from Poland, UK and the Czech Republic on election day, Lukashenko said. …They were controlling our, I beg your pardon, sheep:…

Iran calls on US to lift sanctions on Lebanon, urges against ‘politicizing’ Beirut blast

Tehran has cautioned against politicizing the devastating blast in Beirut, arguing that Washington should drop sanctions on Lebanon if it is serious about helping the nation recover from the catastrophe. “If America is honest about its assistance offer to Lebanon, they should lift sanctions [against it],” Foreign Ministry Spokesman Abbas Mousavi said on Monday during…

3,000 detained, dozens of protestors & police injured in clashes after Belarus election

More than 3,000 people were arrested in Belarus overnight as protests engulfed the country after Sunday’s election, in which incumbent president, Alexander Lukashenko, retained his job with a landslide win. Around 1,000 demonstrators were detained in the capital, Minsk, with the rest elsewhere in the country, the police said on their Telegram channel. Protests took…

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