On Wire

Breaking news, updates, and reports on current events.

Institutional investors have been dumping stocks for the last 12 months. M2 money supply has only fallen like this 4 times previously. Only the Great Depression was worse than now.

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Good Morning Everyone! Institutional investors have been dumping stocks for the last 12 months. You have to ask yourself some serious questions when you see this. pic.twitter.com/y7vbM9J7q4 — Genevieve Roch-Decter, CFA (@GRDecter) May 16, 2023 M2 money supply has only fallen like this 4 times previously. Only the Great Depression was worse than now. 🔊 … Read more

Biden announces Dr. Monica Bertagnolli as nominee for Director of the NIH. She has had 116 grants from Pfizer

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President Biden Announces Intent to Nominate Dr. Monica Bertagnolli as Director of the National Institutes of Health https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/15/president-biden-announces-intent-to-nominate-dr-monica-bertagnolli-as-director-of-the-national-institutes-of-health/ From 2015 through 2021, Bertagnolli received more than 116 grants from Pfizer, totaling $290.8 million. This amount made up 89% of all her research grants, according to Open Payments, a national transparency program under the Center for … Read more

Canadian Deputy PM wants to take your savings

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https://twitter.com/_SDParker/status/1658472461783158786 “some Canadian households, and it tends to be the better off households, do have quite a lot of that they saved because there hasn’t been that much due in the pandemic and certainly it would be great if that money could go towards driving our recovery” Does anyone have the link to the full … Read more

Will we see more banks collapse in 2023?

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by BoatSurfer600 Obviously. Rates started to go up a year ago. It takes that long for all the banks short term loans/treasuries to come due/payout. The can not borrow fresh loans below the interest rate the long term loans they made. Result: they loose liquidity and money. Once they loose money, people/companies withdrawal their deposits. … Read more

Americans are showing signs of financial stress as they add $148 billion in debt and fail to pay off their credit cards

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via fortune: “Credit card balances were flat in the first quarter, at $986 billion, bucking the typical trend of balance declines in first quarters,” researchers wrote in the report. “US households showed signs of increasing financial stress in the first quarter, with credit card balances not declining in the way they typically do at the … Read more

The end of the USD as the global reserve currency is approaching soon. Prepare accordingly.

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by Illuminati_MMXX The United States Dollar has been the worst performing currency of the G-10 countries over the past month. The United States Dollar has lost more than 10% of its value in the last 6 months comparatively. France’s (the 2nd richest country in the European Union) Emmanuel Macron stated recently that “international dependence on … Read more

According to Durham on the Russian Collusion Hoax, Hillary Clinton was briefed in August of 2016 by CIA Director John Brennan to President Obama, VP Biden, AG Loretta Lynch, and FBI Director Comey.

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by freestateofflorida Link to post (read the screenshots): https://twitter.com/greg_price11/status/1658196453573926953?s=46&t=rQks-ZMtRHGDrfJntd-foQ So Biden has collaborated with the CIA to try to rig an election twice, but Republicans don’t want to file articles of impeachment because that would be too polarizing?  

US Treasury Short Curve Remains Steeply Inverted As Yellen Warns ‘Time Is Running Out’ Ahead of Biden-McCarthy Meet (Treasury Cash Balance Getting Really Low)

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by confoundedinterest17 I used to think that The Kabuki Theater surrounding the raising of the US debt limit and passing a Federal budget would be over by now. But since Biden is being controlled by the hard left “Progressives” in Washington DC, he may be reckless enough to let the US default just so he … Read more

There’s a massive divergence between CDS price and the $VIX… “vol control funds alone have added about $72B in US stocks in the past 3 months…”

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There’s a massive divergence between CDS price and the $VIX 👀 Notice how they typically move together Image: HolgerZ pic.twitter.com/lrjcjcU9F2 — Cheddar Flow (@CheddarFlow) May 15, 2023 https://twitter.com/NorthmanTrader/status/1658430314052460546 1930 vs 2023 🚨 This impending decline could be much steeper than 1930, but the total downside will likely be less once the Fed finally panics. After … Read more

Singapore records lowest birth rate for 60 years

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via RT: Singapore has further relaxed its restrictions on women freezing their eggs, raising the age cap for the procedure from 35 to 37, the Ministry of Health and Ministry of Social and Family Development announced on Monday, with the new regulations set to take effect in July. The move comes as Singapore’s birth rate … Read more

DECLINE IS A CHOICE: Chicago’s new woke mayor is signed in and vows to tax the rich and big business to pay for progressive agenda – as major firms vow to PULL OUT of city.

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  via dailymail.co.uk: Companies are already vowing to leave Chicago over additional taxes promised by its new mayor – a progressive tasked with addressing the city’s dwindling image under predecessor Lori Lightfoot. Sworn in early Monday, Mayor-elect Brandon Johnson beat out more moderate Chicago schools CEO Paul Vallas earlier this month to earn the hallowed … Read more