On Wire

Breaking news, updates, and reports on current events.

Unsurprising, when the government unleashes massive stimulus:

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https://twitter.com/PhilipSoos/status/1374699104220057605 The Fed's COVID-era emergency powers to buy corporate bonds in the secondary market was rescinded in December. Now it requires Congressional approval to be reinstated. In a meltdown scenario, corporate bonds will be bidless, and they are trading appropriately. pic.twitter.com/Mfbtkyqn1k — Mac10 (@SuburbanDrone) March 23, 2021

Interesting facts about brokerage insurance

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by darth__raider A lot of us probably remember the GFC and the fallout of large financial institutions going under. With this somewhat traumatic memory in my mind I was curious to know exactly how much of my assets(stocks) that are sitting in my TD Ameritrade account are insured in one way or another. Here’s what … Read more

Pandemic Unemployment Benefits Fraud Could Top $200b, Firm Says

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A significant portion of unemployment benefits to Americans struggling during the coronavirus pandemic may be getting stolen by fraudsters, according to new data. ID.me, a computer security firm which works with 22 states to combat unemployment fraud and successfully helps workforce agencies identify legitimate unemployment claimants, estimates that more than $200 billion in federal assistance for unemployed Americans may have been pocketed … Read more

Is the $DXY rally just starting, or is it different for the first time in 13 years? A repeat of last year is coming?

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  Is the $DXY rally just starting, or is it different for the first time in 13 years? 👇 @HenrikZeberg @SantiagoAuFund ht @BittelJulien pic.twitter.com/y1rO9nv9iq — Michael A. Arouet (@MichaelAArouet) March 24, 2021 dxy on support pic.twitter.com/Mr2RW1vnJi — Alastair (@StockBoardAsset) March 23, 2021 OOPS! The Invesco QQQ ETF, which tracks the Nasdaq 100, took in $4.9bn … Read more

Boston Federal Reserve, MIT to release digital dollar prototypes as soon as July

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Federal Reserve’s Digital Dollar Push Worries Wall Street The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency. Wall Street is not thrilled. Banks, credit card companies and digital payments processors are nervously watching … Read more

Best stocks for the fourth industrial revolution

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by SnooObjections2665 The Fourth Industrial Revolution is characterised by the fusion of the digital, biological, and physical worlds, as well as the growing utilisation of new technologies. It is the trend towards automation and data exchange in manufacturing technologies and processes which include: Cyber-physical systems (CPS) / Cyber security Cloud Computing Ai Advanced Robotics / … Read more

CRSR DD – A Compelling Growth Story

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by ksb041200 About Corsair Gaming Corsair Gaming manufactures a variety of gaming/streaming related goods. This includes tower cases, keyboards, headsets, audio equipment, and entirely pre-built PCs. Therefore, their primary sources of revenue are derived from manufacturing hardware (rather than software). ​ Thesis Given the expected growth of gaming, esports, and streaming, Corsair at it’s current … Read more

It appears the recent move in the US 10-year Treasury yield from 1.2% to 1.7% had very little to do with inflation expectations.

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by mark000 https://www.japantimes.co.jp/news/2021/03/04/business/financial-markets/bonds-stock-japanese-economy-global-economy-u-s-treasuries/ [March 4] Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end [on 31] March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year Treasuries. What started out as a re-balancing of books by Japanese funds has added to the volatility … Read more

Microsoft ($MSFT) DD – Sitting on a gold mine

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by zainjavaid Today I’m going to be covering a massive tech-giant called Microsoft. They have a market cap of 1.74T and are the second-largest company in the US. I’m going to do a deep-dive into the fundamentals and catalysts that could make Microsoft a good buy. As always, a TL;DR is at the bottom and … Read more

A Housing Crash Is Ahead: Construction Shortages And High Interest Rates Will Bust Housing Bubble

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https://www.youtube.com/watch?v=JiWLafW3zU4 An extreme housing crash is ahead! In face of highly inflated home prices, rising mortgage rates, shortages of construction materials, an anemic inventory, and the coming expiration of the mortgage forbearance period, consumer confidence hit record lows. Even though the housing market boomed in 2020, while several sectors of the economy collapsed, it has … Read more

Suez canal blocked

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https://twitter.com/jsrailton/status/1374454885530312707 https://twitter.com/jsrailton/status/1374472409110081546 https://twitter.com/jsrailton/status/1374483438066012165

BofA: Fed Will Use Digital Dollars To Unleash Inflation, Universal Basic Income And Debt Forgiveness

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When we recently described the upcoming “Unprecedented monetary overhaul” which will come in the form of the Fed sending out digital dollars directly to “each American”, we explained that “absent a massive burst of inflation in the coming years which inflates away the hundreds of trillions in federal debt, the debt tsunami that is coming … Read more

Gamma Squeeze Explained

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by fetch_me_a_block I’ve been asked to post this here after posting originally in a wsb offshoot, excuse any insults I miss in my very very quick edit: Today I’m going to attempt to keep you fine folks engaged long enough that we might learn something. What’s a gamma squeeze and why do I care? First, … Read more

Welcome to the Winter of Our Discontent

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by Charles Hugh-Smith If you think this scale of stimulus is sustainable and consequence-free, you must be mainlining Delusionol. Wall Street’s euphoria knows no bounds, so how can this be the Winter of Our Discontent? We all know the source of Wall Street’s euphoria: $1.9 trillion in stimulus, followed by another $3 trillion for corporate welfare, oops, … Read more

Donald Trump Just OBLITERATED Biden’s Border Crisis

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https://www.youtube.com/watch?v=729iHJxqt2I Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021/03/built-cages-children-trump-rips-joe-biden-creating-border-crisis-video/ Cristina Laila from The Gateway Pundit reports, Donald Trump phoned in to Fox News and ripped Joe Biden Monday morning for his actions that have led to the border crisis. Trump reaffirmed that the Obama-Biden Admin built the cages for the migrant children. “They built the cages for the children,” Trump … Read more

Is There A Reason Why Demonic Possession Seems To Be Getting A Lot More Common In Our Society?

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by Michael Snyder In this article, I am going to share some things with you that defy “rational explanation”.  As our society has become increasingly obsessed with the occult, experts that deal with cases of demonic possession report that they have seen a huge surge in demand in recent years.  Many of those that reach … Read more

Is Tesla More Overvalued Than Bitcoin?

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 By Chris Black All of Wall Street belongs in prison. Life in Clown World has never been stranger.  This article caught my attention yesterday:  Tesla shares are up about 5% in pre-market trading Monday after ARK Invest’s Cathie Wood released a “new and improved” price target on the company of $3,000 per share at the … Read more