“Build Blackouts Better”: Half Of America Faces Power Blackouts This Summer, Regulator Warns  | ZeroHedge

From: zerohedge “Build Blackouts Better”: Half Of America Faces Power Blackouts This Summer, Regulator Warns  | ZeroHedge Tens of millions of Americans could be thrown into a summer of hell as a megadrought, heatwaves, and reduced power generation could trigger widespread rolling electricity blackouts from the Great Lakes to the West Coast, according to Bloomberg, citing a […]

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Wells Fargo CEO Warns “No Question” Worst Is Yet To Come For Americans | ZeroHedge

From: zerohedge Wells Fargo CEO Warns “No Question” Worst Is Yet To Come For Americans | ZeroHedge The CEO of Wells Fargo warned Tuesday that there is “no question” that the U.S. economy is going to get worse before it gets better. “It’s going to be hard to avoid some kind of recession,” CEO Charles […]

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Ongoing Surrender “On Far Bigger Scale Than Kyiv Has Acknowledged” At Azovstal | ZeroHedge

From: zerohedge Ongoing Surrender “On Far Bigger Scale Than Kyiv Has Acknowledged” At Azovstal | ZeroHedge Russia’s defense ministry has now revised the numbers of Ukrainian fighters to have emerged from the besieged Azovstal steel plant in Mariupol upward to more than 1,700 soldiers that have left the plant. A new Reuters headline has stressed that […]

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Is The Housing Crash Starting? | ZeroHedge

From: zerohedge Is The Housing Crash Starting? | ZeroHedge Last week, we shared extensive empirical evidence that the US housing market is starting to crack when we quoted regional managers from John Burns Real Estate Consulting, all of whom agreed on one (or more) of three things: i) Demand is slowing, namely entry-level due to […]

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“I Have Given Everything I Could”: Melvin Capital Calls It A Day, Will Wind Down Fund After Gigantic Losses | ZeroHedge

From: zerohedge “I Have Given Everything I Could”: Melvin Capital Calls It A Day, Will Wind Down Fund After Gigantic Losses | ZeroHedge Having suffered historic loss after historic loss, and dropping 23% through the end of April after plunging 39% in a catastrophic, for the hedge fund 2021, Melvin Capital went for the Hail […]

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Target’s Plunge Exposes Inflation’s Risk To Margins | ZeroHedge

From: zerohedge Target’s Plunge Exposes Inflation’s Risk To Margins | ZeroHedge While share prices of retailers have been all over the map in 2022, this week’s post-earnings plunges in Target and Walmart are highlighting the damage inflation can do to profit margins. Still, the exact influence of inflation on retailers depends on what they sell, […]

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“Twitter Does Not Believe In Free Speech”: Senior Engineer On Hidden Cam Says Company Is “Commie As F**k” | ZeroHedge

From: zerohedge “Twitter Does Not Believe In Free Speech”: Senior Engineer On Hidden Cam Says Company Is “Commie As F**k” | ZeroHedge A senior Twitter engineer caught on hidden camera in another operation confirmed that the whole company is “commie as fuck,” and “does not believe in free speech.” Siru Murugesan also told the undercover […]

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Allianz Unit Criminally Charged, Will Pay Billions Over $7 Billion Hedge Fund Blow Up; CIO Arrested | ZeroHedge

From: zerohedge Allianz Unit Criminally Charged, Will Pay Billions Over $7 Billion Hedge Fund Blow Up; CIO Arrested | ZeroHedge The last time we checked in on the remarkable story of Allianz’ imploded hedge funds in mid-February, we learned that the insurance giant would take a €3.7 billion charge against the event which was That’s […]

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Tiger Global Sells, Liquidates Billions: Here Is Its Full Portfolio As Of March 31 | ZeroHedge

From: zerohedge Tiger Global Sells, Liquidates Billions: Here Is Its Full Portfolio As Of March 31 | ZeroHedge Heading into today’s 13F filing deadline for the first quarter, we said that it would be the first time that investors actually cared about (and read through) at least some of these filings in years… Monday may […]

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“It Was A Mistake” – Bernanke Says Fed’s Fear Of ‘Shocking’ The Market Delayed Tightening Move | ZeroHedge

From: zerohedge “It Was A Mistake” – Bernanke Says Fed’s Fear Of ‘Shocking’ The Market Delayed Tightening Move | ZeroHedge With inflation running rampant, unemployment falling, and wages soaring, the Jerome Powell-led Federal Reserve waited too long to reverse its ultra-low interest rate policies and a massive bond-buying program. This delay has now been called […]

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