On Wire
Breaking news, updates, and reports on current events.
Bloomberg claims “New research shows insider trading is everywhere”
Full article here. Gems include: “In 2008 a group of quants from Citigroup Inc. published a paper that found a portfolio mirroring insiders’ trades could yield an astonishing 23.5% a year, more than all but the most profitable hedge funds.” ““There is a lack of appreciation for the amount of opportunistic abuse that exists under … Read more
Will Price Inflation Prick The Stock Bubble?
by Dave Kranzler of Investment Research Dynamics “There was a complete rout of net favorable views of buying conditions: household durables fell to the lowest level since 1980, vehicles fell to the lowest level since 1974, and homes to the lowest level since 1982. These record drops were all due to complaints about high prices: homes had the … Read more
UK business confidence collapses as fears of stagflation grow
Business confidence in the UK has collapsed after a month that has seen supply bottlenecks, rising energy prices, fuel shortages and looming tax increases combine to stifle growth. In its latest health check on the economy, the Institute of Directors said sentiment had “fallen off a cliff” in September, adding to fears that Britain was … Read more
“Make no mistake, this winter is going to be shocking. Be aware.”
Porridge Extra – 30th September 2021: The Looming Energy Crisis: People Are Going To Die This Winter For many months myself and many of the investors I work with have become increasingly concerned at the growing instability and insecurity of energy markets. The 4 times spike in Gas prices this year has been a shocking wake-up … Read more
Rose McGowan put the spotlight on the Clintons…
https://twitter.com/rosemcgowan/status/1442545060848062465 h/t ST. FLOYD OF FENTANYL
FBI Arrests Retired Green Beret Jeremy Brown for Attending Jan. 6 Protests — AFTER HE REFUSED TO BE THEIR INFORMANT
Jeremy Brown is a Green Beret and former Republican candidate for Congress in Florida’s 14th Congressional District. Brown served in the United States Army from 1992 to 2012 and reached the rank of Special Forces Master Sergeant. Jeremy also attended the Stop the Steal protests in Washington DC on January 6. Jeremy joined the Oath … Read more
Smashburger CEO on supply chain headwinds: ‘It’s certainly challenging right now
Smashburger President Carl Bachmann joins the Yahoo Finance’s Seana Smith to discuss new menu updates and how the company has handled recent supply chain issues. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
NBA Players Keep Speaking More Sense Than Politicians
Draymond Green said he won't pressure Andrew Wiggins to get the vaccine, even if that means he will miss home games. He had a ton of thoughts on the subject. Here's Part 2 pic.twitter.com/P9FlaqBdLx — Anthony Slater (@anthonyVslater) September 30, 2021 h/t Creativity Of Liberty
Consumer Sentiment For Housing Falls Due To Skyrocketing Home Prices (Consumers Get Powell’d!)
by confoundedinterest17 I have a new term for consumers that get beaten-up by The Fed’s massive distortion of markets. I call this being “Powell’d”. The latest example of consumers getting Powell’d in the University of Michigan consumer survey. Buying conditions for housing just fell to the lowest level since 1982. Foul Powell on the prowl. Dracula’s … Read more
End Of The US Empire: Collapse ALWAYS Begins With Money Printing
Egon von Greyerz with Patrick V. on Silver Bullion TV SBTV spoke with Egon von Greyerz, Founder of Matterhorn Asset Management, about how the world is merely repeating history as morality crumbles and decadence rises usually at the end of major eras and cycles. We are witnessing the end of the US empire and empire collapse always begin with … Read more
Fed Admits to Persistent Inflation; Stock Investors Getting Nervous
by moneymetals Dollar Stores Face Branding Disaster as Unsustainable Model Is Revealed Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. As trading kicks off the month of October, many investors are looking for a place to hide. The U.S. stock market got slammed on Thursday to … Read more
Another FED President caught insider trading
https://twitter.com/NorthmanTrader/status/1444025448745377796 https://twitter.com/Hipster_Trader/status/1444110213326512128
Big Pharma got rich in the tyrannical state of New South Wales…
https://twitter.com/arkmedic/status/1443803118253211654 https://youtu.be/mm2ncmAjxKY SOURCE
Electricity Prices Are Skyrocketing To Their Highest Level In At Least Ten Years In Germany… Euro Zone Inflation Hits Highest Level In 13 Years
Today's update on the European Energy Crisis via @SchuldensuehnerElectricity prices are skyrocketing to their highest level in at least ten years in #Germany, where the energy crisis is also hitting hard #natgas #DAX #ONGT Updatehttps://t.co/Xc1pQki3LF pic.twitter.com/Q5F6W8F6mF — Traders Community (@TradersCom) September 30, 2021 It comes after German consumer prices rose by 4.1% in September — … Read more
How Much of the USA Does the Federal Reserve Own?
Check out this shocking data from Mike Maloney that shows exactly how much of USA’s economy the Federal Reserve now owns. Now bear in mind that this has happened so quickly, and by a form of counterfeiting…any sane person might ask ‘Are we living in the Twilight Zone?’
So… USD liquidity fell JUST -3.4% in just over a half a month to today, or $138bn, from all time highs, and the stock market completely fell apart.
So… USD liquidity fell JUST -3.4% in just over a half a month to today, or $138bn, from all time highs, and the stock market completely fell apart. What happens, I wonder, when liquidity normalizes – i.e., pre-COVID liquidity levels suggests another ~$2.8tn needs to "come out"? pic.twitter.com/1jxm4xXROB — Gordon Johnson (@GordonJohnson19) October 1, 2021 … Read more
The 2nd largest economy on earth is sh*tting the bed
by 78thusername 2/3rds of China is experiencing extensive blackouts. The driving force is a lack of quality coal because they hate Australia layered on top of a central controlled electricity price and a market price for local coal. It costs more to make power than they get from selling it. The other issue is the … Read more