On Wire

by Chris Black Correct instincts, subverted at every turn by bad actors, bad personnel, and bad decisions. Tucker Carlson said it best about Trump. He’s the guy that will tell you the problem, but he’s not the guy to take action. In the spring of 2020, Donald Trump’s ​defense secretary quashed a proposal to send … Read more

Democrats hold bare majorities in both chambers, but their spending and domestic policy priorities are being held up by infighting among the party’s progressive and moderate wings. Specifically, as Politico noted in a Monday report, the battle between Sens. Joe Manchin and Bernie Sanders is holding up President Joe Biden’s “Build Back Better” legislation that … Read more

by joeskunk Several days ago, I posted a chart flagging an opportunity with CIFR, which is now up ~15% today. However, there were several errors with the chart and presentation. Attached is an updated chart with corrections made and using the latest market data. Many thanks to the folks who commented on the initial post and offered … Read more

San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, the people said. That would value Pinterest at about $45 billion for the entire company, including its Class … Read more

Quarles elaborates on why the Fed’s stance might have to change—if inflation expectations rise much further *or* demand runs hotter after what’s looking like a longer interval of supply disruptions, for example, from “additional fiscal programs currently under discussion.” pic.twitter.com/k5fqo8wfJn — Nick Timiraos (@NickTimiraos) October 20, 2021 Quarles: If inflation stays at 4% through "next … Read more

NEW YORK, Oct. 19, 2021 /PRNewswire/ — Nearly four years after legalizing recreational marijuana, California has finally opened the path to make smokable hemp and CBD-infused foods and beverages legal. Governor Gavin Newson signed the bill earlier this month to legalize the sale of consumables derived from hemp, creating a regulatory framework for the manufacture and sale of hemp products like smokable … Read more

by Wonderboi1995 https://purplefloyd.substack.com/p/at-and-t-analysis I started analysing AT&T and then stumbled upon the reason Burry is investing in Discovery. Here’s an excerpt: Warner Media should be worth at least ~$100Bn. AT&T will only own 71% of spin-off $100Bn(0.71) + 130Bn = $200Bn. AT&T current market cap = $180Bn…Not a HUGE discrepancy, but it’s undervalued using extremely conservative estimates. … Read more

https://twitter.com/libsoftiktok/status/1450877570971545606

Federal Reserve is saying inflation is “transitory”, theyll be cutting $120 billion in MBS and bond purchases by $15 billion a month (e.g. tapering the taper) and raise interest rates….none of which is possible or true. It will all be inflationary. The Federal Reserve cant raise rates and it will print more inflation when it … Read more

Ron Klain: Inflation is a “high class” problem. Jen Psaki: It’s a “tragedy” that your treadmill is delayed. Washington Post: Lower your “expectations” about the supply chain crisis. The Left – so out of touch. — Rep. Jim Jordan (@Jim_Jordan) October 20, 2021 Washington's new opinion? "Inflation is good, and it suggests how strong the … Read more

View post on imgur.com https://finance.yahoo.com/quote/BTC-USD/   h/t  dr0id

🚨👀🚨👀MUST READ: Remember the now infamous "Event 201" Pandemic simulation in 2019? A video of the simulation was uploaded by Johns Hopkins Center for Health Security in Nov. 2019. Well, remember the "Dark Winter" simulation done way back in June 2001 at Andrews AFB? 1/5 — Rosie's Ballroom Psyop (@DarnelSugarfoo) October 20, 2021 Welp, guess … Read more

“Russia is suspending diplomatic ties with NATO, starting November 1st. Per Sergey Lavrov, the U.S.-led military bloc’s Moscow mission will be ordered to close.” Russia is suspending diplomatic ties with NATO, starting November 1st. Per Sergey Lavrov, the U.S.-led military bloc's Moscow mission will be ordered to close. — GMI (@Global_Mil_Info) October 18, 2021 NATO … Read more

McAuliffe scolds reporter for asking questions voters don’t care about. I just watched the full interview, that’s nonsense. — Brent Scher (@BrentScher) October 19, 2021 Then he asked about crime and public safety. Then McAuliffe staffer jumped in and McAuliffe left. So education and crime are the issues McAuliffe thinks voters don’t care about. Alrighty … Read more