On Wire

Breaking news, updates, and reports on current events.

NFTs Join The “Everything Bubble”

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BY JOHN RUBINO So bonds are obviously a bubble. And stocks have never been this overvalued. US houses have never been this expensive or this unaffordable. Cryptos have had the greatest run in financial history. And the global money supply is soaring while most fiat currencies more-or-less hold their official value, which is another way of defining a … Read more

‘Trump was more focused at 1am than Biden is at 1pm’: Ex-White House chief of staff claims Biden’s ‘decline’ is noticeable

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Former White House Chief of Staff Mark Meadows told Fox News’ Sean Hannity on Tuesday that President Joe Biden is not capable of focus  ‘Trump was more focused at 1.00 am in the morning than Joe Biden is in the afternoon at 1.00 pm,’ he claimed  Meadows made the comments as he and Congressman Jim … Read more

S&P 500 real earnings yield continuing to fall; now at lowest since late 2008

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S&P 500 real earnings yield continuing to fall; now at lowest since late 2008 pic.twitter.com/cPs03OctDH — Liz Ann Sonders (@LizAnnSonders) March 11, 2021 $spx breadth pic.twitter.com/x8l0cjs8y9 — Álvaro Oviedo (@alvoviedo) March 11, 2021 #recession … #EmergingMarkets $USD #Liquidity #Squeeze edition https://t.co/52bAnOIWz8 — Invariant Perspective (@InvariantPersp1) March 11, 2021 $spx put /call ratio pic.twitter.com/l7F6oIZPJL — Álvaro … Read more

The entire central bank cabal literally can’t go a day without intervention or threatening to intervene and jawbone and give speeches to do the same.

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https://twitter.com/NorthmanTrader/status/1369998888359370756 https://twitter.com/NorthmanTrader/status/1369273590999351297 Brazil inflation tops 5% in February for the first time in 4 years, higher than expected and almost certainly setting seal on rate hike next week. Only question now may be whether it is 50 bps or 75 bps. pic.twitter.com/kFA1QtUVVv — Jamie McGeever (@ReutersJamie) March 11, 2021 Lagarde surprises bond and equity markets … Read more

Kaitlin Bennett: Facebook Bans Man Responsible for Organizing Trump Boat Parades, Due to Not Being a Black Lives Matter Riot

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Remember the Trump boat parades? Facebook just banned the guy who started them, Carlos Gavidia, and canceled his upcoming event for a Memorial Day boat parade that had 15k interested. Social media lets BLM organize riots, but conservatives can't get together to go BOATING? pic.twitter.com/hy88E02Wxr — Kaitlin Bennett (@KaitMarieox) March 10, 2021  

Mexico Says Biden Aiding Cartels by Encouraging Central American Immigration

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By Chris Black You know you’re a joke country when the Mexicans accuse you of “encouraging illegal immigration”. It’s becoming increasingly clear, even for “normies” that the Biden administration is going “pedal to the metal” in flooding America with as many non-whites as possible, and obviously, the people running the show don’t care about the … Read more

Please start buying and backing up physical media. The purge is coming.

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by citizenofconcern I’ve realised the other watching an episode of Friends, once considered a light-hearted, borderline family-friendly show, that this would absolutely not make it air in 2021. Here’s an example as to why. Ross is uncomfortable with the flamboyance of a male babysitter Ross: “Dude, are you gay?” Babysitter: “Haha no, I believe that children … Read more

Institutional Crypto Trading on Coinbase Reaches Record Volume

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by visualcapitalist As Coinbase prepares to go public with a direct listing on the Nasdaq, the company has released its S-1 filing detailing just about every aspect of their business. Along with surging users and crypto prices, Coinbase’s trading volume has also increased exponentially, with institutions leading the way. This graphic looks at the return of rising institutional … Read more

These States Have the Highest and Lowest Tax Rates

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Take a look at the complete list here: Alaska, 5.84% Delaware, 6.25%  Montana, 7.11%  Nevada, 7.94%  Wyoming, 8.05% Florida, 8.23% Utah, 8.34%  Idaho, 8.43%  Colorado, 8.54%  Tennessee, 8.72% California, 8.96% South Carolina, 8.99% Oregon, 8.99% District of Columbia, 9.04% Alabama, 9.1%  Arizona, 9.52%  West Virginia, 9.69%  North Dakota, 10.03% New Hampshire, 10.06%  New Mexico, 10.54%  … Read more

Under Biden, Record Number Of Migrant Kids In Cages At U.S. Border – But Where’s The Outrage?

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By Jon Hall On Tuesday, newly released data revealed that the number of migrant children held in U.S. Border Patrol facilities surpassed previous record highs and tripled over the past two weeks. More than 3,400 migrant children were apprehended at the border and taken into custody since the end of February. Comparing these numbers to when the 2019 border crisis was … Read more

Biden says he won’t immediately remove Trump’s tariffs on China

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President-elect Joe Biden will not immediately remove the Trump administration’s tariffs on Chinese exports, he said during an interview with The New York Times published early Wednesday morning. Instead, Biden said upon assuming office he plans to review the phase one trade deal that President Trump inked with China nearly one year ago. The deal, signed at the beginning of January, requires … Read more

Parents are canceled – NYC school encourages kids to stop using words like ‘mom,’ ‘dad’ in ‘inclusive language’ guide

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A Manhattan private school aiming to use more “inclusive language” is encouraging its students to stop using the terms “mom,” “dad” and “parents” because the words make “assumptions” about kids’ home lives. The Grace Church School in Noho — which offers academic courses for junior kindergarten through 12th grade — issued a 12-page guide to students and … Read more