On Wire

Morgan Stanley’s Chief Investment Officer Mike Wilson says investors should always be positioned for a market correction of 10%, but warned that investors may not be ready for a harsher correction that could be coming soon. “You should always be expecting a 10% correction. If you’re investing in equities, you should be prepared for that … Read more

A third of U.S. consumers who used “buy now, pay later” services have fallen behind on one or more payments, and 72% of those said their credit score declined, a new study published by personal finance company Credit Karma showed. The study, conducted by software firm Qualtrics, surveyed 1,044 adult consumers in the United States … Read more

Today’s a day that ends in y, so, naturally, a push is underway in Washington, DC to bankrupt the country. But this push could be thwarted by the most unlikely of heroes. Here’s what’s going on. Progressive politicians like Speaker of the House Nancy Pelosi and Senate Majority Leader Chuck Schumer are pushing a $1+ … Read more

For all the speculation about the upcoming taper, which we now know will start in November at a pace of $15bn per month and conclude by July… the main event this fall, if not this year, may be on the fiscal side, and specifically what is the final shape of the upcoming bipartisan + Build … Read more

View post on imgur.com “Husband just lost his job…because they said they can hire anyone around the world now because no one needs to into the office anymore… My husband was just told today they he’ll be let go at the end of this year because they sold off a lot of their physical buildings … Read more

Voters in Washington, D.C., chose a convicted murderer who is still serving time in prison to serve on the Advisory Neighborhood Commission. Joel Caston, who was elected commissioner for 7F07 in Ward 7, told the Washington Informer that things were “going well” and he has a new appreciation for elected officials. “Working a few weeks as a … Read more

The @federalreserve is an organized crime organization. Not joking. https://t.co/2fYA2ivACu — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) September 11, 2021 China LehmanPandemic UI depletedFed taperDebt ceilingCollapsed consumer sentimentRecord over-valuationRecord IPO issuanceRecord leverage Mass complacency Central banks don't want sheeple to worry. They want sheeple to chase risk. It's "The system" pic.twitter.com/CTcKwgVuXO — Mac10 (@SuburbanDrone) September … Read more

$SPX If you think the rise was EPIC wait for the FALL. pic.twitter.com/CuOW2DgHcX — The Great Martis (@great_martis) September 10, 2021 another good "zombie" market top indicator🍻 they ran out of stimulus check driven all-in calls to pump the zombies. 90% of the stimulus checks went directly to the stonk calls. below chart was designed … Read more

JUST IN: White House official now says USPS workers ARE part of the federal vaccine mandate under OSHA jurisdiction, though technically not under the executive order. Deleting a previous thread that was based on earlier reporting. Will also momentarily update our write-up. pic.twitter.com/8ydESDhMeE — (((Jacob Bogage))) (@jacobbogage) September 10, 2021 h/t Nexus-9

Done a great coastal walk today in Sydney and it was very uplifting and heart warming to see so many (100s) enjoying themselves with no masks etc. Only seen 1 police group annoying ppl that was in Bronte. Very much as u go everywhere else. This is a wee sample of happiness today pic.twitter.com/b7bflVCOwL — … Read more

A new deepfake tool will let users change their appearance in real-time during live video streams—opening up a range of new possibilities for the contentious technology. Known as DeepFaceLive, the open-source tool, released last month on the code-hosting platform Github, allows users to place another face over their own while using video messaging programs such … Read more

UK electricity prices surged to $3,180 a megawatt-hour as Ireland warned of a power shortfall that could lead to blackouts and the cost of power broke records in Spain, Germany and France. Europe is facing an energy crunch as supplies of natural gas remain below what’s needed to satisfy demand. Any unexpected disruption in electricity … Read more

View post on imgur.com https://www.dailystar.co.uk/tech/china-announces-blanket-ban-new-24943641   h/t BFD