World Trade Plunged To ‘Lowest Levels’ On Record In June

World Trade Plunged To ‘Lowest Levels’ On Record In June Tyler Durden Thu, 08/20/2020 – 02:45 Central banks expanded interventions to counteract the effects of the virus-induced global downturn have resulted in global equity prices, at, or, near record-high levels. These money wizards have printed trillions of dollars, plowing the money into financial markets to create an…

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Why Beijing’s Wolf Warrior Diplomacy Suddenly Quieted Down

Why Beijing’s Wolf Warrior Diplomacy Suddenly Quieted Down Tyler Durden Thu, 08/20/2020 – 02:00 Authored by Huidong Zhang via The Epoch Times, Top-level Chinese officials have recently shifted away from the regime’s wolf warrior diplomacy tactic to a more toned-down approach. This turnaround can be interpreted as the Chinese Communist Party (CCP) not wanting to…

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‘Disavowed’ BLM Leader Defends Looting & Rioting Because “US Steals Diamonds & Oil”

‘Disavowed’ BLM Leader Defends Looting & Rioting Because “US Steals Diamonds & Oil” Tyler Durden Wed, 08/19/2020 – 16:25 “So when America goes and steals diamonds and oils, who’s calling us terrorists? When the American government goes and pillages different countries, who’s calling us terrorists?,” exclaimed Hawk Newsome, the head of the New York branch of BLM,…

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Dollar Has Best Day In 2 Months As Fed Sinks Stocks, Bonds, & Bullion

Dollar Has Best Day In 2 Months As Fed Sinks Stocks, Bonds, & Bullion Tyler Durden Wed, 08/19/2020 – 16:01 The Fed Minutes’ message was clear: “Y.C.C., Nay!” And that did not go down well in bond-land… Source: Bloomberg Erasing much of the last two day’s gains… Source: Bloomberg And steepened the yield curve… Source:…

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FBI Probes Company Tied To Steve Bannon, Chinese Exile And Morgan Stanley Heir

FBI Probes Company Tied To Steve Bannon, Chinese Exile And Morgan Stanley Heir Tyler Durden Wed, 08/19/2020 – 15:45 It seems that the swamp isn’t quite done with Steve Bannon and friends. According to the Wall Street Journal, the FBI and SEC have launched an investigation into Bannon-linked GTV Media Group, which raised over $300…

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Iran denies offering bounties to Taliban fighters, says US spreading propaganda to cover up ‘catastrophic presence’ in Afghanistan

Tehran has issued a strongly-worded denial after US media reports accused it of paying Taliban-linked militants to attack American forces in Afghanistan, calling the claim baseless misinformation. CNN reported on Monday that the Iranian government provided cash to a Taliban-linked terrorist group, the Haqqani network, in exchange for six attacks on US and coalition forces…

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Gigantic exploding stars may have burnt away ozone layer and triggered mass extinction

The explosion of several enormous stars could have caused at least one mass extinction event on Earth, according to an exciting new theory that has scientists combing deep rock layers in search of tell-tale radioactive remnants. In a new study, researchers have proposed that an extinction event 359 million years ago may have been the…

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‘In over her head’: Greta Thunberg’s latest op-ed and Guardian’s cover image selection backfires spectacularly

Teenage climate activist Greta Thunberg has penned a new opinion piece for the Guardian ahead of her Thursday meeting with German Chancellor Angela Merkel. However, many are not in the mood for another lecture. In the two years since her ‘Fridays for Future’ school strike began, Thunberg says the world has “wasted the time” and…

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WTI Dips After Big Gasoline Build Offsets Crude Draw

WTI Dips After Big Gasoline Build Offsets Crude Draw Tyler Durden Tue, 08/18/2020 – 16:35 Oil prices ended the day largely unch, after a dump’n’pump early on along with all other assets, as investors weighed expectations for shrinking U.S. stockpiles against output hikes from the OPEC+ alliance this month. “The market is being supported by…

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America Has Never Experienced A Heatwave Quite Like This

America Has Never Experienced A Heatwave Quite Like This Tyler Durden Tue, 08/18/2020 – 16:21 Authored by Michael Snyder via End of The American Dream blog, Every summer is hot, and every summer there are heatwaves, but what we are witnessing in 2020 is rewriting all of the rules.  It has been blistering hot across…

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Gold Jumps, Dollar Dumps As S&P Ends “Shortest Bear Market In History”

Gold Jumps, Dollar Dumps As S&P Ends “Shortest Bear Market In History” Tyler Durden Tue, 08/18/2020 – 16:02 …and just like that, it was all over. The S&P 500 ripped up to new record intraday highs at the open this morning – erasing all signs of the dismal economic reality – before plunging (no immediate…

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WHO warns young people with no or mild symptoms driving coronavirus spread in Asia-Pacific region

The spread of coronavirus in the Asia-Pacific region is increasingly being driven by people in their 20s, 30s and 40s, the World Health Organization (WHO) said on Tuesday. Many of them are unaware they are infected because they are asymptomatic or have mild symptoms of Covid-19, the WHO warned. They unknowingly pass on the virus…

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TikTok unveils new website aimed at dispelling ‘rumors & misinformation’ spread by Washington

TikTok has pushed back against continued efforts to exclude it from the US market, rolling out a new website in which it counters Washington’s allegations that it poses a threat to national security. The popular video-sharing app launched the site, called the ‘Last Sunny Corner of the Internet’, after President Donald Trump gave its Chinese…

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‘Neither ships were ours, nor the fuel’: 4 US-seized tankers & their cargo belong in fact to Venezuela, Iran claims

Tehran’s oil minister denied ownership of four vessels and their cargo previously seized by the US on the high seas, after Washington dubbed it the “largest-ever seizure of Iranian fuel.” “Neither the ships nor their cargo belong to Iran, but this shipment included gasoline sold by Iran to Venezuela,” Bijan Zanganeh, the oil minister of…

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It’s Do-Or-Die, Deep State: Either Strangle The Stock Market Rally Now Or Cede The Election To Trump

It’s Do-Or-Die, Deep State: Either Strangle The Stock Market Rally Now Or Cede The Election To Trump Tyler Durden Mon, 08/17/2020 – 16:30 Authored by Charles Hugh Smith via OfTwoMinds blog, With only 56 trading days and fewer than 80 calendar days to the election, the Deep State camps seeking to torpedo Trump’s re-election have…

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China Was Biggest Dumper Of US Treasuries In June As Foreign Central Banks Resumed Selling

China Was Biggest Dumper Of US Treasuries In June As Foreign Central Banks Resumed Selling Tyler Durden Mon, 08/17/2020 – 16:19 Foreigners were net buyers of US Treasuries in June ($28.9b), but official entities cut their holdings by $20.6bn as private buyers bought $50.3bn. Additionally, Foreign net buying of equities at $28.5b Foreign net selling…

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S&P Fails To Make New Record High As Buffett’s Barrick Bid Pumps Precious Metals

S&P Fails To Make New Record High As Buffett’s Barrick Bid Pumps Precious Metals Tyler Durden Mon, 08/17/2020 – 16:01 Precious Metals outperformed today as the world came to grips with Berkshire Hathaway’s ‘rotation’ from banks to bullion (dumping Goldman and much of its financial exposure and buying Barrick Gold)… Gold futures tagged $2000… And…

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WATCH: Thousands gather to call for new constitution, ‘real democracy’ in Bangkok, Thailand

Thousands of anti-government protesters took to the streets of Bangkok over the weekend to demand the dissolution of parliament, a new constitution, and reform of the country’s longstanding monarchy. Protesters are demanding a civilian-produced constitution, as the current charter was drafted by the military while King Maha Vajiralongkorn has received largely unheard-of criticism in recent…

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Berlin mulls taking US threats over Nord Stream 2 to UN – head of German Energy Committee to RT

Germany is looking at bringing in the UN over Washington’s threats of sanctions against the Russian-led pipeline, saying the US pressure runs contrary to international law. Klaus Ernst, the chairman of the Bundestag Committee on Economic Affairs and Energy, signaled during an interview with RT Deutsch that it is unacceptable when one country, for example,…

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Blast hits joint Russian-Turkish military patrol in Syria’s Idlib

A Turkish military vehicle has been hit by an unidentified explosive device while patrolling a highway in Syria’s Idlib, the Russian center for Syrian reconciliation has said. The device detonated near a Turkish convoy on the route of the patrol, the center said, adding that no Russian troops had been injured. Russian and Turkish soldiers…

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Disney “Makes History” By Introducing Its First Bisexual Cartoon Character

Disney “Makes History” By Introducing Its First Bisexual Cartoon Character Tyler Durden Sun, 08/16/2020 – 16:35 Disney’s series, “The Owl House”, is now the first official animated show to feature a bisexual main character. Both Variety and the Daily Mail described the introduction of the character as “making history”. The show’s 14 year old main character,…

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Value Over Growth Or More Of The Same?

Value Over Growth Or More Of The Same? Tyler Durden Sun, 08/16/2020 – 16:10 Authored by Bryce Coward by Knowledge Leaders Capital blog, Over the last few weeks there has been quite a bit of chatter among strategists about whether the market is undergoing a sustainable rotation into “value” stocks from “growth” stocks. It’s a…

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