On Wire

Breaking news, updates, and reports on current events.

A high school in NY reportedly locked students up in a library for not wearing a mask after courts ruled the mask mandate was unconstitutional

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https://twitter.com/libsoftiktok/status/1486462708102819842 https://twitter.com/libsoftiktok/status/1486536267978268672 I remember when Principal Vernon tried that, until Bender reminded him of the problems if there was a fire. pic.twitter.com/kuY3ZCnXJM — Roger Fritz K8WLS 🇺🇸🇱🇺 (@rogerfritz) January 27, 2022

First Netflix, then Spotify have stood firm against censorship. Beginning of a trend?

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First Netflix, then Spotify have stood firm against censorship. Beginning of a trend? — Jared Dillian (@dailydirtnap) January 26, 2022 BREAKING: Spotify to Take Down Neil Young’s Music After Saying they Need to Choose Between Him or Joe Rogan — Jack Posobiec (@JackPosobiec) January 26, 2022 Seems like Neil Young challenged @joerogan to a fight, … Read more

Congress ownership of tech makes tech regulations awkward! Congress, just like the Fed, are the ultimate insiders. Should they be allowed to trade while at the same time supposedly looking out for Americans’ interest?

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This report by @business is just great! Congress ownership of tech makes tech regulations awkward! Guess who owns a ton of tech? @SpeakerPelosi And will she regulate? So far, she's not keen to! She doesn't want to regulate tech. We wonder why… >100 million dollars invested🤗 pic.twitter.com/5n9U1LAxy4 — Trinh (@Trinhnomics) January 27, 2022 Congressional trading … Read more

The Worst Bear Market is Coming

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Jim Rogers on GoldCore TV Legendary investor and adventure capitalist Jim Rogers joins Dave Russell of GoldCore TV to discuss the next bear market, China’s decline, and his top investments. FULL SHOW NOTES AND LINKS HERE

John Rubino – Note to Fed: The Laws of Math Still Apply!

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Jay Taylor Media, Released on 1/26/22 John Rubino runs the popular financial website DollarCollapse.com, opines on America’s precarious economic state and how we should prepare for what is to come. John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The … Read more

Fed Stands Still Despite 7% Inflation And 3.9% Unemployment (Taylor Rule Suggests Almost 18% For Target Rate, Fed Stays At 0.25%)

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by confoundedinterest17 Despite inflation growing at 7% (versus The Fed’s target rate of 2%) and U-3 unemployment being only 3.9%, one would have thought that Jay and The Gang would have started increasing rates at the January meeting. But nooooo. The Fed actually sat on their hands and did nothing. What did The Fed say? “The Committee … Read more

FED HIKE ‘SOON’… Ending asset purchases in March… Stocks worst start to year — ever…

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WASHINGTON, Jan 26 (Reuters) – The Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what U.S. central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. https://www.reuters.com/business/finance/inflation-fighting-fed-likely-flag-march-interest-rate-hike-2022-01-26/ The asset purchases will continue for a … Read more

Sears prepares to shutter last large store in Pennsylvania as retail giant fades into history

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The last large-format Sears department store in Pennsylvania, at the Willow Grove Park mall, will close its doors permanently, perhaps in about a month. “They’ve been dropping like flies,” said Jack Batra, who is known on social media as “List Man Jack” and part of a loose-knit community tracking through online postings, media announcements, and … Read more

Last time large cap had this big a valuation premium over mid/small cap was 1999. They hit the generals last…

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Last time large cap had this big a valuation premium over mid/small cap was 1999. They hit the generals last… pic.twitter.com/SXWqwBixFP — Endless Capit🅰️l (@endless_frank) January 27, 2022 $IWM could not get out of its own way, after trying to re-test pivotal resistance, a more hawkish presser than the market anticipated sent rates soaring and … Read more

If you are a trader suffering post-FOMC withdrawal, fear not. We have plenty of high-level event risk over the next 24 hours:

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If you 'e a trader suffering post-FOMC withdrawal, fear not. We have plenty of high-level event risk over the next 24 hours:– Chinese industrial profits– Germany consumer confidence– SARB rate decision– US 4Q GDP– US durable goods (supply chain)– Earnings – AAPL, HOOD, X — John Kicklighter (@JohnKicklighter) January 26, 2022

POWELL: WE FULLY APPRECIATE THIS IS A DIFFERENT SITUATION THAN THE LAST TIME FED RAISED RATES

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Key point the market has been very slow to grasp: POWELL: WE FULLY APPRECIATE THIS IS A DIFFERENT SITUATION THAN THE LAST TIME FED RAISED RATES — ʎllǝuuop ʇuǝɹq (@donnelly_brent) January 26, 2022 *The Fed via Powell has effectively confirmed they will tighten ‘gradually’ – and into a slowdown 2021 was a year of noise … Read more

China Fights Olympic Backlash With TikTok Propaganda

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China is fighting backlash over the 2022 Beijing winter Olympics with a ream of propaganda. It’s employing western social media influencers, radio stations and a US-based marketing company. Watch this episode of China Uncensored for more on China’s propaganda efforts, what athletes are bracing for going into the Olympics, and how the CCP is tamping … Read more