On Wire

Breaking news, updates, and reports on current events.

AMAZON asked APPLE to remove app that spots fake reviews, and APPLE agreed

by

Apple has removed Fakespot, a well-known app for detecting fake product reviews, from its App Store after Amazon complained the app provided misleading information and potential security risks. Apple did not immediately offer a reason for removing Fakespot. Fakespot CEO Saoud Khalifah disputed Amazon’s claims and said he got no warning from Apple before the app … Read more

Enormous Red Flag: 1st Time Ever Junk Bond Yields Now Below CPI Inflation Signal Overcrowded Trade?

by

For the first time ever, Junk-Bond Rally Pulls Yields Below Inflation https://www.wsj.com/articles/junk-bon… Within only 2-3 months after corporate bond and credit markets froze up completely in February and March 2020, Wall St bond salespeople restarted selling (and increasing) massive amounts of junk bonds, leveraged loans and other toxic sausage OTC derivatives. Now too many hedge … Read more

Daniel Lacalle explains how and why the Fed continues to aggressively pervert the real estate market

by

Daniel Lacalle, Released on 7/16/21 “What the Fed is doing by purchasing mortgage-backed securities is eliminating the forces of the market in housing.” Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business … Read more

Visualizing U.S. Household Debt, by Generation

by

by visualcapitalist The year 2020 could be categorized as one where debt grew across the board. In the U.S., every generation except the Silent Generation saw their debts rise in the last year. But how much debt does each generational household owe? Generation 2019 2020 Growth (%) Generation Z (18-24) $9,593 $16,043 67.2% Millennials (25-40) $78,396 $87,448 11.5% … Read more

Why you can’t trust the media


by

If there’s one thing we’ve learned about the national media, it’s that they don’t see themselves as a part of our democracy. They see themselves as the dictators of it. The Washington Post’s Perry Bacon Jr. (yes, that’s a real name) wrote Wednesday that it’s necessary for leftist media to recalibrate in the post-Trump years. But not … Read more

Devastating floods in Germany
 1000+ possibly deceased
 Intense Video


by

NEW 🚹 About 60 dead, dozens missing, thousands out of power after devastating floods in Germany pic.twitter.com/Th0grxZ2Aj — Insider Paper (@TheInsiderPaper) July 15, 2021 Anwohner retten Feuerwehrmann đŸ‘đŸ€đŸ‘đŸŒđŸ€đŸ‘ Residents save firefighter#Hochwasser #Starkregen #Feuerwehr #Helfer #Unwetter #Deutschland #ueberschwemmung #Flutwelle #flut #nrw #RheinlandPfalz #teamwork #retter #Germany #Flood #floodinggermany #firefighters Quelle: Facebook pic.twitter.com/xUnpBKyRNw — FlowerOfTheForest (@FlowerOfTheFor1) July 15, … Read more

UMich missing, inflation expectations soaring… Retail Sales YoY: Huge soar…huge decline. Bubble is over?

by

Retail Sales YoY: Huge soar…huge decline👀Bubble is over🧐 pic.twitter.com/o8fnGv9p4Z — Antonio PĂ©rez-AlgĂĄs (@apanalis) July 16, 2021 UMich missing, inflation expectations soaring – this is a perfect toxic cocktail for the consumer — Alastair (@StockBoardAsset) July 16, 2021 Looking at this market, you wouldn't think that the Fed is injecting $6BN in liquidity every day — … Read more

Biden Press Sec calls for users banned on one social platform to be banned from ALL social platforms

by

Seriously, who the fuck is the White House to be dictating who should and should not be banned from social media platforms, to keep lists of who they think are the spreaders of "misinformation," and then pressure companies they regulate to obey? This is pernicious shit: https://t.co/WlZlbCjlqT — Glenn Greenwald (@ggreenwald) July 16, 2021 https://twitter.com/Rothbard1776/status/1416105762615611394 … Read more

Unbridled Stimulus: Could Money Be Worthless In Just Six Months

by

by David Morgan of The Morgan Report Could Money Be Worthless In Just Six Months | https://www.themorganreport.com Prior to the Great War, the gold standard reigned supreme. The jury is still out on whether the dollar’s long run as the world’s leading reserve currency will last much longer. However, as we’ve discussed many times, our bet is that the … Read more

Jerome Powell: “Printing money does not cause inflation”

by

We’re f^cked. http://www.kitco.com/news/2021-02-24/Jerome-Powell-says-money-printing-doesn-t-lead-to-inflation.html# Quote:In response to a questions posed by Congressman Warren Davidson about whether “M2 [money supply] going up by 25% in one year” is going to “diminish the value of the U.S. dollar,” Powell responded, “there was a time when monetary policy aggregates were important determinants of inflation and that has not been … Read more

LOL! Tucker Carlson DECIMATES Eric Swalwell in this BLISTERING Must See Segment

by

https://www.youtube.com/watch?v=EhirgiEy4us Katie Daviscourt from The Post Millennial reports, Fox News host Tucker Carlson and conservative commentator Mark Steyn slammed House Rep. Eric Swalwell (D-CA) on Wednesday for riding shirtless on a camel in Qatar for yet another one of the politician’s endless foreign adventures. Read More/Source/Credit/FairUse: https://thepostmillennial.com/watch-t…