ZeroHedge


  • by Tyler Durden
    Canada Confirms First Case Of Deadly Blood Clots Tied To AstraZeneca Jab Canada's top public health agency has recorded the first reported case of a blood clot believed to have been tied to the COVID-19 vaccine produced by AstraZeneca and Oxford, according to media reports. Quebec's Ministry of Health and Social Services confirmed evidence of the clotting condition, known as vaccine-induced prothrombotic immune thrombocytopenia, earlier this week. The ministry didn't confirm the age or gender of the person, but Quebec Health Minister Christian Dubé later confirmed her gender […]
  • by Tyler Durden
    New Orleans Woman Jailed After Schwab "Fat Finger" Accidentally Sent Her $1.2M When a group of Revlon borrowers refused to return more than $500 million in Citigroup's money, a judge ruled that they were within their rights to keep it. But as Bloomberg pointed out in a recent report, a woman was arrested after not returning $1.2 million that was erroneously transferred to her Charles Schwab account in February (due to an “issue created by a software enhancement"). Spadoni, 33, an emergency call operator in New Orleans, was […]
  • by Tyler Durden
    Coinbase Sets Reference Price At $250, Well Below Last Private Market Trade Ahead of tomorrow's much-anticipated direct listing of massive crypto-exchange Coinbase, Nasdaq has just announced the company's so-called Reference Price at $250. On April 14, 2021, the Class A common stock of Coinbase Global, Inc. is expected to list on Nasdaq through a Direct Listing using the ticker “COIN”. Because this security has not previously traded on any listing market and has no prior day's closing price, Regulation SHO Rule 201 will not apply to the security […]
  • by Tyler Durden
    Credit Suisse Still Not Done: Dumping Over 70 Million Shares Of Discovery And IQIYI All those who were saying that the prime brokers were lying when they said they were done dumping their Archegos holdings, well… you were right. Shortly after the close, David Faber reported that Credit Suisse – whose loss from Archegos has yet to be fully quantified but is big enough to result in massive layoffs and widespread bonus cuts because apparently it has no idea that when it is liquidating, it has to do […]
  • by Tyler Durden
    "There Is Significant Internal Weakness": Why The "Flight To Quality" In The Nasdaq Stinks From Larry McDonald of The Bear Traps Report, April 10, 2021 edition There is a clear flight to “quality” inside the Nasdaq which is HIGHLY unusual with the colossal threat of higher rates – reopening hanging over the Nasdaq’s head. SELL Nasdaq signals are getting much louder. Isn’t the entire street going to tighten limits? We went from the Nasdaq Whale, to Robinhood leveraged up traders blowing up Melvin Capital, and then to Archegos […]
  • by Tyler Durden
    WTI Holds Gains Above $60 After Mixed Inventory Data Oil prices rallied today, with WTI back above $60, on the back of a weak dollar and encouraging China trade data. Early weakness on the JNJ news was quickly brushed off as OPEC jawboned prices higher on demand hype… “Reductions in surplus inventories as well as an expected pick-up in product demand will pave the way for a cautious recovery of oil market balance in the summer months,” the cartel said in its monthly report. While it slightly boosted […]
  • by Tyler Durden
    2021: The Year Of The Black Swans? Authored by Tumoas Malinen via GnSEconomics.com, A “Black Swan” is best defined as an unforecastable, low-probability, high-impact event. They may include more prosaic natural disasters, like earthquakes, but are more generally understood to be unforeseeable economic, financial and political calamities. While Black Swan events are, by this definition, unforecastable, the trends building up to them can often be observed, and that process has been our aim since the inception of GnS Economics in 2012. For example, it’s nowadays often possible to […]
  • by Tyler Durden
    SPY Has Just Done Something It's Never Done Before It appears "clots" won't stop this meltup…
    …as early weakness was met by a wall of buying around the CPI print and a replay of the reflation bet (Big-Tech up, Small Caps down) at the cash open. Nasdaq was the day's best performer, S&P closed green as Dow and Small Caps erased most of their losses for a small down day… The Dow was hampered from its exuberance by JNJ's modest drop. Underneath the surface, the market […]

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