On Wire

Breaking news, updates, and reports on current events.

AUD $1,000 a day – that is how much Sydney house prices are rising. Experts say cheap loans and a lack of available stock will drive that figure

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$1,000 a day – that is how much Sydney house prices are rising. Experts say cheap loans and a lack of available stock will drive that figure even higher, and that could have an impact on home loans. 7NEWS at 6pm. https://t.co/h2ZAMYif8E #7NEWS pic.twitter.com/bb2gB4Q4MY — 7NEWS Sydney (@7NewsSydney) March 25, 2021 https://www.youtube.com/watch?v=znd2Bl06DkU

Wall Street banks ditch $19 billion of stocks in ‘unprecedented’ block trade selloff – media

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Goldman Sachs and Morgan Stanley have reportedly sold $19 billion worth of shares in Chinese tech and US media companies. Traders are now wondering what caused the unusually massive move and whether it will continue next week. Goldman Sachs alone liquidated $10.5 billion worth of stocks in block trades on Friday, Bloomberg reported citing the … Read more

The Scream! Buffett Indicator Sky High Along With Home Prices As Money Printing Has Goes Wild!!

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by confoundedinterest17 The Scream! Out-of-control money printing, dead money velocity and collapsing purchasing power of the dollar. (Bloomberg) — With U.S. equity indexes rising to fresh records again this week, one of Warren Buffett’s most-famous catchphrases comes to mind: Investors should “be fearful when others are greedy.” Any Buffett disciple who checks in on the billionaire investor’s favorite market … Read more

Wow that is a lot of ships waiting to get through the Suez Canal

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Wow that is a lot of ships waiting to get through the Suez Canal 😯 https://t.co/8PQy4COkPU — Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) March 28, 2021 The quintessential story of the 21st century is “this catastrophe that no one could possibly have anticipated was actually anticipated by people who were ignored” https://t.co/P7miIFG6MH — Julia … Read more

Bill Hwang, who ran the fund that below up on Friday, also co-founded the Grace and Mercy Foundation. His charity *purchased* swap losses and offshore trusts from his fund.

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The Grace and Mercy Foundation isn't as active on the philanthropic front. Direct charitable activities? Not applicable. Program-related investments? Not applicable. pic.twitter.com/EjhaAF4CeZ — Edwin Dorsey (@StockJabber) March 28, 2021 Hwang is also a major contributor to "Focus on the Family." The non-profit is focused on combatting “8 lies about abortion," anti-gay policies, and creationism.https://t.co/memTmnCdw1 — … Read more

Impact Of Tax Hikes On Stock Market

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by UPFINA The economic data from March and April is going to be very good. One preview of this was Redbook same store sales growth in the week of March 20th. Growth rose from 8.5% to 9.4% due to the stimulus spending. The chart below shows the Evercore ISI company surveys index. It uses inputs from … Read more

Mike Maloney: Inflation is now inevitable … Peter Grandich: Gold will be the ‘best bull market I’ve experienced in 37 years’ …

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BY JOHN RUBINO  Willem Middelkoop: The IMF has begun ‘indirect currency debasement’ … Mike Maloney: Inflation is now inevitable … Peter Grandich: Gold will be the ‘best bull market I’ve experienced in 37 years’ … Killer Mike torches ‘evil’ Jeff Bezos for using slave labor at Amazon … WallStreetSilver founder: ‘We’re waking up billions of people … Read more

Broke Govt – Police Chief is paid $442,000 but is due $1.24 million upon retirement

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Chief Thomas Cummings leads the Southampton Village force in the Hamptons Cummings, 57, is paid $442,000 but is due $1.24 million upon retirement His base salary is $264,000 but draws an additional $230k in overtime/benefits Southampton has a population of 3,000 and hasn’t had a murder since 2008 Salary is more than NYPD Commissioner Dermot Shea’s $239,000-a-year A … Read more

Fourth Stimulus Check: Over 60 Lawmakers Now Support Further Direct Payments to Americans

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Many Americans have been wondering whether there will be a fourth round of stimulus checks as the federal government continues to distribute the $1,400 provided in President Joe Biden‘s American Rescue Plan. So far, 64 congressional lawmakers have pushed for recurring direct payments until the pandemic ends. In January, two months before Biden signed the latest … Read more

A Government Is Actually Honest About Having Really Bad Stagflation?

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A government actually admitted that its economy is actually suffering through horrible and worsening stagflation (high inflation plus high unemployment)? And the government that is actually admitting this does not exactly have a history of being very honest. ‘Stagflation’ stalks Nigeria as food prices, unemployment soar https://mobile.reuters.com/article/amp/idUSKBN2B819Q

…And inflation is coming

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…And inflation is coming pic.twitter.com/V0VsoF4E7f — Daniel Lacalle (@dlacalle_IA) March 28, 2021 Morgan Stanley Identifies The Source Of Massive Treasury Sellinghttps://t.co/ejV3kzjHMq — Win Smart, CFA (@WinfieldSmart) March 28, 2021 "Transitory inflation"… Really? Rising costs for producers will translate to higher prices even after the base effects on headline CPI fade away. pic.twitter.com/sc3jAAu6dI — Daniel Lacalle … Read more

How Goldman sucks sold 10B of stonks to the retail investors

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How Goldman sucks sold 10B of stonks to the retail investors https://t.co/Fm7l1lH5qM — Alessio (@AlessioTMAD) March 28, 2021 Hedge Fund liquidation triggers record crash in Discovery, ViacomCBS. Goldman liquidated $10.5bn worth of stocks in block trades, part of extraordinary spree of selling that erased $35bn from values of bellwether stocks ranging from China Tech to … Read more