On Wire

Breaking news, updates, and reports on current events.

OCC Released their quarterly report on the banks – Q3-2021. I see Goldman is still incredibly overleveraged…

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by  laflammaster Keeping it up at 125:1. Q2-2021 > 136:1, raising assets by ~$36B, and increasing their derivatives by ~$500B. https://www.occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr2-2021.pdf   https://www.occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr3-2021.pdf

8000$ EV credit for Tesla cars cancelled

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Biden's Build Back Better (BBB) plan which included an $8K EV credit for $TSLA will not happen this year, and its future is now in question. Buyers who were delaying purchase are now taking delivery in 4Q and 4Q ests are rising. Expect this to continue. pic.twitter.com/n2RymyMu9D — Gary Black (@garyblack00) December 20, 2021

Durham is now officially investigating the Clinton Campaign

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This is significant. Special Counsel John Durham: The 2016 Hillary Clinton Presidential Campaign and its employees are currently subject to "matters" before the Special Counsel. 👀https://t.co/ToR87IvNCZ — Techno Fog (@Techno_Fog) December 20, 2021 The Hillary Clinton Campaign and its employees are subject to “matters before the Special Counsel.” Durham notices the potential conflict of interest, … Read more

Artificial #liquidity evaporating back to where it came from… thin air!

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#recession … #StockMarket #Bubble edition Artificial #liquidity evaporating back to where it came from… thin air! https://t.co/N1jWydO8eY — Invariant Perspective (@InvariantPersp1) December 21, 2021 History rhyming again a century laterhttps://t.co/XoKy1609Mu pic.twitter.com/k9lCR6yLTW — Invariant Perspective (@InvariantPersp1) December 21, 2021

40% of Democrats Want Biden IMPEACHED… Only 33 percent of Hispanics support Biden

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The U.S. withdrawal from Afghanistan was so badly handled that President Joe Biden should resign because of it, according to a majority of voters. However, most don’t think Vice President Kamala Harris is qualified to replace Biden if he leaves office. A new Rasmussen Reports national telephone and online survey finds that 52% of Likely … Read more

Bottom is about to fall out FAST…

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Options market manipulation has been a key "feature" of robo rally. Reddit boyz using call options to drive momentum via "Gamma squeeze" as sanctioned by Congress. The 10 dma call/put ratio is at the lows of the year. Friday was quarterly opex. The trap door is open. pic.twitter.com/Rs0qTZBGAl — Mac10 (@SuburbanDrone) December 20, 2021

Joe Manchin Gives Hard “No” on Satanic “Build Back Better”, Sinking Bill Forever

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by Chris Black If you are not familiarized with 6uild 6ack 6etter, check this out: 6uild 6ack 6etter #BuildBackBetter #6uild6ack6etter #NeverBiden 666. #DarkWinter #GreatReset Well played, Satan. Eventually good will triumph over evil. Never give up and stay strong. pic.twitter.com/5k7AJQOyhf — Kauko Karvonen (@Karvakake) November 24, 2020 The good news for today (well, it’s actually … Read more

Jim Rickards: We’ve Reached Peak Inflation; The Real Risk in 2022 and Why Cash Is Critical

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“Expect inflation to come down very quickly,” due to incoming rate hikes expected from the Federal Reserve, says NYT best-selling author Jim Rickards. You could see severe, “tightening into weakness,” with a potential of three rate hikes next year, he predicts with our Daniela Cambone during the premiere of this year’s series, Outlook 2022: The … Read more

How Vulnerable Is Your Personal Supply Chain?

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by Charles Hugh Smith How vulnerable is your personal supply chain? For the average American, the answer is: very. Americans consider abundance and ready availability as birthrights so basic they’re like the air we breathe. The idea that shelves could become bare and stay bare is incomprehensible. yet that is the world we’re entering, for a number … Read more

China Contagion (Not Wuhan Virus, But Real Estate), Kaisa Down 13%, Evergrande Down 4.32%, Shimao Down 6.40%, Chinese Estates Down 30.42%

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by confoundedinterest17 While the Chinese Wuhan virus (aka, the Fauci Flu) has plagued the world, another Chinese “export” is also suffering what is known as contagion: China’s real estate sector. Real estate companies Evergrande, Kaisa, Shimao and Chinese Estates are falling like a rock today. But it has been a steady decline since Q1 2021 … Read more