Still, Dimon said he has “total faith and trust” in Fed Chair Jay Powell, and that stagflation is far worse than most of the other potential outcomes as the Fed works to cool price pressures.Īnd in a sign that markets may be getting ahead of themselves, Dimon also said that the consumer could be strong for another nine months (around the time the recession hits). It got worse: besides predicting a hard-landing and a 30% crash, the CEO of the largest US bank also said his “gut” tells him that the Fed funds rate will probably have to rise higher than the 4% to 4.5% level many economists are predicting, as inflation persists. “In a tough recession, you could expect the market to go down another 20% to 30%”, adding an additional 10% to the number he first floated on Monday. None of the claims from the dossier, compiled by a freelancing British spy on commission from the Democratic National Committee, were ever corroborated.“I don’t know if it could be a soft landing - I don’t think so, but it might,” the JPMorgan chief executive officer said at an industry conference in Washington Thursday, adding that the alternatives would be a mild or a severe recession. ZeroHedge’s most recent article included the tweets of several scientists who were alarmed by a pre-publication paper authored by a team of Indian virologists, noticing the “uncanny similarity” between the 2019-nCoV and HIV-1 and finding it “unlikely to be fortuitous.”Ĭommenting on the suspension, ZeroHedge wondered, "Are we then to understand that we have now reached a point the mere gathering of information, which our colleagues in the media may want to eventually do as thousands of people are afflicted daily by the Coronavirus, is now synonymous with 'abuse and harassment'? According to Twitter, and certainly our competitors in the media, the answer is yes."īuzzFeed notoriously published the so-called 'Steele Dossier' in January 2017, claiming that Russian intelligence services had compromising material on president-elect Donald Trump including video of him cavorting with urinating prostitutes at a Moscow hotel.
The WHO has declared a global health emergency due to the rapid spread of the virus. The first patient was reported in the city of Wuhan, in Hebei province, just a month ago. However, the BuzzFeed story purports to identify by name the proprietor of ZeroHedge, who writes under the pseudonym Tyler Durden.īuzzFeed was outraged by the “rumors and lies” allegedly pushed by ZeroHedge about the origins and characteristics of the coronavirus, which causes a respiratory infection that has so far sickened almost 10,000 people across the world, and killed over 200 – mainly in China. Release of personal information, or doxxing, would be a violation of Twitter rules. Twitter does not comment on reasons for suspending or banning any particular account, leaving ZeroHedge’s 673,000 or so followers in the dark on Friday afternoon, until the site itself said it received noticed it had engaged in "abuse or harassment."Ībout two hours before the suspension, BuzzFeed published a story accusing ZeroHedge – which it refers to as “a popular pro-Trump website” – of revealing personal information of a scientist from Wuhan, China and “falsely accusing them of creating the coronavirus as a bioweapon.” The site’s last tweet before the suspension referenced a paper by Indian scientists pointing to uncanny similarities between the 2019-nCoV virus and HIV, which internet researcher Christopher Torres Lugo described as “conspiracy theories claiming that 2019-nCoV is a bioweapon.”
While no reason was given, their last tweet referred to speculation the coronavirus could be a bioweapon and BuzzFeed had just accused them of doxxing. The popular news blog ZeroHedge has been suspended from Twitter. after BuzzFeed accuses it of coronavirus conspiracy and ‘doxxing’ a Chinese scientist
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