On Wire

Breaking news, updates, and reports on current events.

BofA Crashes The “Transitory” Party: Sees Up To 4 Years Of “Hyperinflation”

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https://www.zerohedge.com/markets/bofa-crashes-transitory-party-sees-4-years-hyperinflation At the start of May, when observing the avalanche of “higher inflation” mentions on Q1 earnings calls, which had quadrupled YoY; and jumped by a record 800% YoY… … BofA chief equity strategist Savita Subramanian summarized the current state of affairs as follows: “On an absolute basis, [inflation] mentions skyrocketed to near record highs from … Read more

Biden’s anti-crime plan ignored his party’s role in creating the urban crisis. Well, of course.

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via NYPOST: If there were any doubt, rising violent crime is a real issue with the potential to do major political harm to Democrats. That’s the subtext of President Biden’s decision to interrupt his push for his trillion-dollar spending plans to announce an anti-crime agenda. It’s a good thing the president has noticed that homicides … Read more

New York and New Jersey Among the Worst States for Jobs

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Watch the latest video at foxbusiness.com One of the most significant problems affecting the U.S. economy post-pandemic is the current job market and unemployment rate. Many people have quit their jobs in search for better opportunities and more flexibility to work remotely. Additionally, unemployment benefits have posed another challenge to employers who are now having to compete with the government to … Read more

Jason Burack: QE Is Ending? Fed’s Balance Sheet Up $150 Billion In Last 2 Weeks, $800 Billion Since Early January

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Wall St. For Main St., Released on 6/24/21 While many talking heads talk about how the Fed should end QE soon, the Fed’s balance sheet here in reality is saying the exact opposite. Up another $38 billion this week, the Fed’s balance sheet is now up a whopping $150 billion in just the last 2 … Read more

Danielle Park: Market Correction Warning Signs

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Howe Street, Released on 6/24/21 What does a rising US Dollar mean? Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial … Read more

This Is What We Call A President?

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*whispers* Subscribe to Townhall VIP. https://t.co/p68aGgzDRc — Townhall.com (@townhallcom) June 24, 2021 And now they are telling us he as a 56% approval rating! DIMINISHED CAPACITY: Awkward moment: VP Harris reminds Biden about Florida condo collapse. Related: Biden whispers repeatedly during ‘really creepy’ Q&A. Famous Presidential quotes   h/t FeedYourHead

Producer Price Inflation surges in Spain

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by Shaun Richards Some days the economic news just rolls neatly into the current economic debate and this morning is an example of that. If we look at Spain we are told this. The annual rate of the general Industrial Price Index (IPRI) in the month of May is 15.3%, more than two points above … Read more

Why the Next Collapse Will Be Unlike Anything We’ve Ever Seen! Watch THIS For Proof

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Inflation has been surging in the prices people pay for things whether that’s housing prices, real estate, stocks, lumber, copper, food prices, car prices. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market … Read more

BOOM! Here’s What Happened After ANOTHER Reporter Comes Forward against Own Network LIVE on the Air

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https://www.youtube.com/watch?v=mYRM5KzKw9k Cristina Laila from The Gateway Pundit reports, CBS 62 reporter April Moss blew the whistle on the network ‘discrimination’ on-air during a weather report. April Moss’s revelation follows Fox 26 Reporter Ivory Hecker’s actions exposing Fox 26. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…