On Wire

Breaking news, updates, and reports on current events.

11 ETF Diversification Arguments – Why Weighting Matters More Than Holdings – QQQ

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by 036Gooddaysir036 Introduction: This will be a short post regarding the weighting of individual securities in an ETF and taking the implications of that into consideration. ETFs can often be associated with security due to their large number of holdings, it is seen as an indicator for reduced risk, but something that needs to be … Read more

Costco’s (COST) expansion into China seems to be a massive success so far?

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The average Costco warehouse in western countries average around 60k subscriptions. In other Asian countries a warehouse might get around 100k subscriptions after 2 years of being open. After the Warehouse in Shanghai opened in late 2019, its subscription count grew to 250k in under 3 months. With the warehouse shutting down local traffic and … Read more

Biden’s Victory Makes Major Stimulus Unlikely Before January

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Joe Biden’s victory in the presidential election and the unresolved status of Senate control left slim prospects for a major fiscal-stimulus package before January. While President Donald Trump last month pledged a large post-election stimulus act, it was based on his assumption that he’d win re-election. He now has little political incentive — or capital … Read more

‘Is the dollar oversold?’

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'Is the dollar oversold?' https://t.co/zt4HgFL1bz via @SoberLook pic.twitter.com/iUNCKV0cn3 — Jesse Felder (@jessefelder) November 5, 2020 maybe $BTCUSD plunge is a warning #es_f pic.twitter.com/SpF8nmIKHu — Alastair (@StockBoardAsset) November 7, 2020 These are some of the more than 300 companies that declared bankruptcy in the U.S. this year and blamed Covid-19 in part for their demise https://t.co/cjS0LCDQLb … Read more

Earthquake in Massachusetts! Do you think this is a sign from God to the Democrats?

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Residents across southern New England were jolted on Sunday morning after an earthquake struck off the coast of Massachusetts and was felt around the region, according to officials. The U.S. Geological Survey (USGS) said the temblor was originally listed as a magnitude 4.2 earthquake before being downgraded to 3.6 and struck just after 9 a.m. “No damage or injuries reported at this time,” the Massachusetts Emergency Management Agency (MEMA) tweeted. … Read more

How will the US election impact the gold price?

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Samuel Briggs via Kinesis In this week’s deep dive into the gold and silver markets, Andrew Maguire provides insight into the short and long term impact of the US election on the gold price. The gold price after the US election Andrew Maguire believes that regardless of the ultimate resolution of the US election, once an initial period of … Read more

99.6% of Mail Ballots went to Joe Biden in Pennsylvania?

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by DanteVSTheWorld   Stats below PENNSYLVANIA Democrat Absentee: 1,704,817 Republican Absentee: 625,766 Independent Absentee: 303,355 (https://www.votespa.com/About-Elections/Pages/Counting-Dashboard.aspx) % of Absentee Ballots that were Returned from Registered Democrats and Non-Republicans: (1,704,817 + 303,355) / (1,704,817 + 625,766 + 303,355) = 76.24% % of Absentee Ballots that were Returned from Registered Republicans and Non-Democrats: (625,766 + 303,355) / … Read more

Government Spending And Debt: The Fallacy Of Modern Monetary Theory (Gold Rises With Investor Fears Of Insane Gov’t Spending And Debt)

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by confoundedinterest17 Politicians and economists are seemingly all on board with Modern Monetary Theory. MMT translates to “American has the world’s biggest printing press and they can print as much currency as the want.” The logic is that if Japan can do it, the USA can do it.” Government debt as a percent of GDP was … Read more

Investing Mistakes – Confirmation & Recency Biases

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by 036Gooddaysir036 Introduction: This is going to be a short post regarding two common investing mistakes, specifically Confirmation bias and Recency bias. Anyone is prone to falling victim to these, but by being more aware of them there is much less tendency to unknowingly let them guide our decisions. Confirmation Bias: Simply put this is … Read more

Top 11 Bellwether Counties in USA per Wikipedia Results

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What’s a bellwether? Election bellwether counties in the United States are counties which vote in alignment with the country as a whole in United States presidential elections, so that the county votes for the candidate who ultimately wins the election. The strongest bellwether counties are those which back the winning candidate in all, or almost … Read more