A Record 34% Of All Household Income In The US Now Comes From The Government

Following today's release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a jump in personal spending, offset by a record surge in ...

https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government

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"Our Warplanes Can Reach Iran": Israeli Intelligence Minister Vows War If "Bad Deal" Reached In Vienna

A topIsraeli intelligence officialhas warned that if the end result of the Vienna talks is a return to the JCPOA nuclear deal, then war between Iran and Israeli will very likely follow.

...

https://www.zerohedge.com/geopolitical/our-warplanes-can-reach-iran-israeli-intelligence-minister-vows-war-if-bad-deal

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Majority Of US Companies Will Require Workers To Provide Proof Of Vaccination

It looks like American colleges won't be alone in making vaccination mandatory for any students who want to return to campus next semester. Despite the White House's determination that vaccination shouldn't be mandatory ...

https://www.zerohedge.com/markets/majority-us-companies-will-require-workers-provide-proof-vaccination

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US Intelligence Tells CongressChina's Nuclear Arsenal "On Track To Exceed Our Previous Projection"

A hearing held by the Senate Armed Services Committee this week on the range of threats the United States faces globally focused on China and Chinese leadership viewing US power as "declining" while ...

https://www.zerohedge.com/geopolitical/us-intelligence-tells-congress-chinas-nuclear-arsenal-track-exceed-our-previous

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Fauci: "Possible" That Mask Mandates Could Last Indefinitely To Fight Flu

Authored by Paul Joseph Watson via Summit News,

Anthony Fauci told NBCs Chuck Todd that its possible mask mandates could continue indefinitely in order to reduce seasonal flu infections.

During his appearance on Meet The ...

https://www.zerohedge.com/medical/fauci-possible-mask-mandates-could-last-indefinitely-fight-flu

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Jessica Alba's Honest Co. Has Crashed 30% Since Its IPO 3 Days Ago

From its highs at $23.88 on its IPO day, Jessica Alba's Honest Co. has plunged over 30% to $16.52 this morning...

On Wednesday, everyone was excited as the stock which IPO'd at $16, surged over 40% to its highs (after opening at $...

https://www.zerohedge.com/markets/jessica-albas-honest-co-has-crashed-30-its-ipo-3-days-ago

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"Terrible Message" - Bernie Blasts Top Democrats' Call To Remove Cap On SALT Deduction For The Rich

Authored by Zachary Stieber via The Epoch Times,

Sen.Bernie Sanders(I-Vt.) has come out in opposition to an effort by topDemocratsto remove caps from SALT, a tax deduction that primarily benefits ...

https://www.zerohedge.com/political/terrible-message-bernie-blasts-top-democrats-call-remove-cap-salt-deduction-rich

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The Problem Of Pulling Forward Sales & Revenue

Authored by Lance Roberts via RealInvestmentAdvice.com,

There is a problem of pulling forward sales and revenue when it comes to future outcomes.

Currently, analysts are incredibly exuberant about earnings for the S&P 500 index. In just the last ...

https://www.zerohedge.com/markets/problem-pulling-forward-sales-revenue

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US Ship Fires 30 Warning Shots After 13 Iranian IRGC Boats Approach Fleet

A rare direct 'live fire' encounter took place Monday in the Strait of Hormuz between Iranian fast-attack boats and US naval warships. The Iranian vessels came dangerously close to multiple US ships during the incident in ...

https://www.zerohedge.com/geopolitical/us-ship-fires-30-warning-shots-after-13-iranian-irgc-boats-approach-fleet

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Quid-Pro-Cuomo? Sexual Harassment Investigators Looking At Whether Governor's Office Traded Vax Access For Political Support

The sexual harassment investigation against New York Governor Andrew Cuomo (D) has widened in scope, as the state AG's office has begun looking into whether a top Cuomo ...

https://www.zerohedge.com/political/quid-pro-cuomo-sexual-harassment-investigators-looking-whether-governors-office-traded

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It's Official: McCarthy Sets Wednesday Vote For Liz Cheney Ouster

Authored by Jack Phillips via The Epoch Times,

House Minority Leader Kevin McCarthy (R-Calif.) said he has officially scheduled a vote for Wednesday to oust House RepublicanConference Chair Liz Cheney (R-Wyo.) from her post, soon ...

https://www.zerohedge.com/political/its-official-mccarthy-sets-wednesday-vote-liz-cheney-ouster

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Labor Shortage Sets Off "Inflationary Time Bomb" McDonalds Franchises Warn, Fearing Big Mac Price Hike

An independent group of McDonald's franchisees warns higher wages, signing bonuses,paid interviewsare no longer working to attract new workers as generous unemployment benefits worsen the labor ...

https://www.zerohedge.com/markets/mcdonalds-franchisees-warn-labor-shortage-will-trigger-inflationary-time-bomb-higher-big

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US Already Planning How To "Choke" Chinese Submarines In Case Of Conflict

A hugely significant weakness and set-back for the Chinese Navy and particularly its submarine capability was featured inrecent Nikkei analysis, which found that its coastal system already has geography working against it, ...

https://www.zerohedge.com/geopolitical/submarine-chokepoint-control-chinas-coast-puts-us-allies-huge-advantage

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Chelsea Clinton Calls For Global Crackdown On "Anti-Vax" Social Media Posts

Speaking at a Vatican-organized conference meant to promote "open dialogue", Chelsea Clinton called for a global effort to crack down on all "anti-vax" social media posts, or anything that's 'skeptical' of the official ...

https://www.zerohedge.com/political/chelsea-clinton-calls-global-crackdown-anti-vax-social-media-posts

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US Navy Seizes Massive Weapon Shipment From Stateless Vessel In Arabian Sea

The guided-missile cruiserUSS Monterey(CG 61) seized a massive shipment of illicit weapons last week that was being transited through international waters of the North Arabian Sea, according to theUS Navy.

A Sikorsky SH-...

https://www.zerohedge.com/geopolitical/us-navy-seizes-weapon-shipment-stateless-vessel-arabian-sea

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China Enforces New Boundary With Nepal At Summit Of Everest To Keep Infected Climbers Out

In the latest sign that Beijing is warily eyeing the outbreak in India as it spills over its borders into neighboring Nepal, China has set up a "line of separation" at the summit of Mount Everest to prevent ...

https://www.zerohedge.com/covid-19/china-enforces-new-boundary-nepal-summit-everest-keep-infected-climbers-out

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UK Rail Disruption Caused By Train Cracks Expected To Last for Weeks

Authored by Alexander Zhang via The Epoch Times,

The ongoing disruption to Britains rail services, which were caused by problems found in Hitachis high-speed trains, is expected to continue for weeks.

Rail companies said over ...

https://www.zerohedge.com/markets/uk-rail-disruption-caused-train-cracks-expected-last-weeks

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EU Urges US To Ramp Up COVID Vaccine Exports As Desperate Nations Turn To China

In the latest edition of his substack newsletter "BIG, Matt Stoller tackled the Biden Administration's decision to back a proposal at the WTO to waive IP protections for COVID-19 vaccines produced by Moderna, BioNTech...

https://www.zerohedge.com/covid-19/eu-urges-us-ramp-vaccine-exports-world-turns-china

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Rabo: "Transitory" Inflation Today; Price Controls And Rationing Tomorrow?

By Michael Every of Rabobank

Pricing and Poetic Justice

With global cargo routes log-jammed; a key US oil pipeline still shutdown, leading to another backlog of ships idling off-shore; log-jammed cargo ships off the ...

https://www.zerohedge.com/markets/rabo-transitory-inflation-today-price-controls-rationing-and-industrial-policy-tomorrow

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Jim Grant: The Fed Can't Control Inflation

Via SchiffGold.com,

Federal Reserve Chairman Jerome Powell insists inflation is transitory. As prices have spiked throughout the economy,Powells messaginghas essentially been, Move along. Nothing to see here.

Peter Schiff has been saying the central ...

https://www.zerohedge.com/economics/jim-grant-fed-cant-control-inflation

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Billionaire Alan Howard Returns Money From Secretive Hedge Fund After Record Run

Just weeks after Brevan Howard last made the headlines on reports that it was buying bitcoin as a hedge against de-dollarization, the firm's billionaire co-founder Alan Howard has reportedly started returning assets ...

https://www.zerohedge.com/markets/billionaire-alan-howard-returns-money-secretive-hedge-fund-after-reporting-record-gains

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What The Boom In Fraud Says About The Current Market Environment, Part 2

Authored by Jesse Felder via TheFelderReport.com,

Just about three months ago, I wrote ablog postwhich featured this quote, from Charles P. KindlebergersManias, Panics and Crashes: Swindles are a response to the appetite for...

https://www.zerohedge.com/markets/what-boom-fraud-says-about-current-market-environment-part-2

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"The Staffing Shortage Is Real" - Manhattan Restaurants Struggle To Hire As Millions Paid Not To Work

Long-suffer NYC restauranteurs may have been tempted to celebrate when Mayor Bill de Blasio announced yesterday that the Big Apple would "fully reopen" on July 1. But just as the problem of COVID-...

https://www.zerohedge.com/markets/manhattan-restaurants-struggle-hire-servers-too-many-workers-get-paid-stay-home

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Victoria "F*ck The EU" Nuland Is Now Highest-Ranking Member Of US Foreign Service

Authored byRick Rozoff via AntiWar.com,

On Thursday the USSenate confirmed Victoria Nuland as Under Secretary of State for Political Affairs, which has been described as the fourth most important position in the ...

https://www.zerohedge.com/political/victoria-fck-eu-nuland-now-highest-ranking-member-us-foreign-service

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Berkshire Profit Soars As It Sells Others, Buys Back Its Own Stock

Over a decade into the biggest metaphorical massacre of value investors by the Federal Reserve (which sadly was also literal in the case of Charles de Vaulx, a renowned value investor and co-founder of International Value Advisors...

https://www.zerohedge.com/markets/berkshire-posts-near-record-operating-profit-amid-2nd-highest-stock-sales-5-years

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Rates Can Still Come Down Some Even As The Reflation Trade Continues

Authored by Bryce Coward via Knowledge Leaders Capital blog,

Last weekwe wrotehow interest rates may have room to come down a bit before ultimately heading higher later this year and into next year. This line of thinking was ...

https://www.zerohedge.com/markets/rates-can-still-come-down-some-even-reflation-trade-continues

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One-Third Of Basecamp Employees Quit After Ban On Political Discussions At Work

Roughly one-third of employees at Basecamp are quitting after the company instituted a 'controversial' ban on wokeness in the workplace, according to TechCrunch.

After CEO Jason Fried announced in a Monday blog post ...

https://www.zerohedge.com/political/one-third-basecamp-employees-quit-after-ban-political-discussions-work

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McConnell Urges Biden Administration To Drop "Divisive, Radical" 1619 Project From Grant Programs

Authored by Tom Ozimek via The Epoch Times,

Thirty-seven Republicans led by Senate Minority Leader Mitch McConnell (R-Ky.) on Thursday penned a letter to Education Secretary Miguel Cardona urging him...

https://www.zerohedge.com/political/mcconnell-urges-biden-administration-drop-divisive-radical-1619-project-grant-programs

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Senate Intelligence Leaders Say Mystery Sonic Weapon Attacks On US Officials Increasing

After it was revealed Thursday that US intelligence is investigating at least two potential "directed energy" sonic attacks on White House personnel - one of which is alleged to have happened just ...

https://www.zerohedge.com/political/senate-intelligence-leaders-say-mystery-sonic-weapon-attacks-us-officials-increasing

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Biden Unveils New Strategy For North Korea & Wants You To Know It's "Not Trump's"

On Friday the Biden administration announced the completion of its major review of US policy toward North Korea, which revealed deep White House pessimism toward prior Trump efforts to strike a "grand bargain" with ...

https://www.zerohedge.com/political/biden-unveils-new-strategy-north-korea-wants-you-know-its-not-trumps

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