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Zero Hedge
our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

Israel Airstrikes Flatten 3 Gaza Buildings, Kill 42 As Netanyahu Says “War Will Go On”

The fourth war between Israel and Palestine escalated on Sunday when Israeli airstrikes on Gaza City flattened three buildings and killed at least 42 people, Palestinian medics said. Yet despite international efforts to broker a cease-fire and the rising death toll (mostly on the Palestinian side) Israeli Prime Minister Benjamin Netanyahu signaled the fourth war with Gaza’s Hamas rulers - which was sparked by unrest in Israeli-annexed east Jerusalem, and has seen the death toll in the...

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AT&T In ‘Advanced’ Talks To Combine HBO, CNN, Discovery And Other Media Assets

AT&T is currently in 'advanced' discussions to combine several media assets into a giant portfolio, which would include beleaguered CNN and Discovery, according to the Wall Street Journal, citing people familiar with the matter. The move would mark a major shift in strategy for the telecom giant.Also included would be several components of the company's WarnerMedia division, including the TBS, TNT and HGTV cable channels, and other names in their media portfolio such as HBO, and would...

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Kass: Speculation Has Been Taken To An Interplanetary Level

Authored by Doug Kass via Seabreeze Partners,History rhymes, againToo many in the financial media do little to help the individual investor"Yolo" investing ("you only live once") has been heartedly embraced and even romanticized by too many these days - and, tacitly, that includes the media's endorsementsThe failure to temper and provide warnings of the market's uber speculative cycles are a repeated market featureSkepticism and non consensus thinking are not favored nouns in times of...

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Liz Cheney Lied About Her Role In Spreading The Discredited CIA “Russian Bounty” Story

Authored by Glenn Greenwald via greenwald.substack.com,In an interview with Fox News’ Bret Baier this week, Rep. Liz Cheney (R-WY) denied that she spread the discredited CIA "Russian bounty” story. That CIA tale, claiming Russia was paying Taliban fighters to kill U.S. troops in Afghanistan, was cooked up by the CIA and then published by The New York Times on June 27 of last year, right as former President Trump announced his plans to withdraw troops from Afghanistan. The Times story, citing...

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Soros Bought $375MM Of The Shares That Archegos Was Liquidating

An interesting thing happened in late March as news spread that Bill Hwang's Archegos family office was liquidating after being hit with the biggest margin call since Lehman: George Soros, or rather his investment firm Soros Fund Management, was loading up on all the shares that Hwang was forced to liquidating.According to the latest 13F filed by the family office shows that Soros bought some $375 Million of the most prominent Archegos holdings just as they were being forcibly liquidated by...

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Visualizing Key Generation-Defining Events In US History

Looking back at history is a necessity when trying to understand what the future may hold.Using insights from our Generational Power Index 2021 report, along with survey data from Pew Research in 2016, Visual Capitalist's Iman Ghosh identified some key milestones for each cohort, to understand how these events helped shape each generation’s unique perspectives.Quick Context on Generational DefinitionsBefore diving in, it’s important to clarify which generations we’ve included in our research,...

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Denying Reality Leads To Tyranny And Societal Failure

Authored by Patrick Barron via The Mises Institute,The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality. Weimar Germany denied that masses of printed money would destroy civilized society. The Soviet Union insisted that Soviet Man would emerge spontaneously from the ashes of capitalist society. Weimar Germany spawned Nazi Germany. Nazi Germany was completely destroyed, both physically and...

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IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes

Yesterday's news that the DoJ and IRS are digging into Binance amid whispers about allegations of tax fraud, manipulation and AML violations was just the latest indication from the government that it is taking enforcement of securities taxes tied to crypto wealth very seriously. In case that wasn't already clear, WSJ published a story in its "Tax Report" section (with the federal tax deadline just days away at May 17) reminding readers that the IRS under President Joe Biden is coming for your...

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Portland Police Union President Says City Is “On The Precipice Of A Gang War”

Authored by Zachary Stieber via The Epoch Times,The president of Portland, Oregon’s police union said in a blistering new statement that the city is on the brink of war.“We need to talk about the elephant in the room: gun violence. We are on the precipice of a gang war,” said Daryl Turner, head of the Portland Police Association.Police in the state’s largest city had responded to 357 shootings as of May 9, an increase of over 100 percent from the same time period the year prior.Portland dealt...

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PFAS Crisis: Toxic “Forever Chemicals” Found In US Mothers’ Breast Milk

New research conducted by Toxic-Free Future, a Seattle-based non-profit fighting for safer products free of deadly chemicals, found that women's breast milk, especially in the US, contains dangerous levels of per- and polyfluoroalkyl substances (PFAS). Erika Schreder, a co-author and science director with Toxic-Free Future, said the findings "are cause for concern" and highlight a possible threat to newborns.Schreder collected 50 breast milk samples and discovered that the PFAS contamination...

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