On Wire

Breaking news, updates, and reports on current events.

Over 40 Boats Destroyed in Fire Near Ship Canal Bridge Seattle

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SEATTLE – Dozens of boats were destroyed, and one person was hurt early Wednesday morning after a fire near Seattle’s Ship Canal Bridge. Crews responded to a report of a boat storage facility fire at about 2 a.m. along Northeast Northlake Way. https://www.q13fox.com/news/1-hurt-42-boats-destroyed-in-fire-near-ship-canal-bridge https://mynorthwest.com/3859720/parents-protest-ship-canal-bridge-encampment-near-elementary-school/

CNN has smallest weekly primetime audience in advertiser-coveted demographic in over 30 years

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via FOXNEWS: Fox News Channel continued to crush basic cable last week while CNN had its worst primetime performance in three decades among the target demographic coveted by advertisers. Fox News averaged 1.3 million total day viewers and nearly two million during the primetime hours of 8-11 p.m. ET to top all of cable news … Read more

March 22, 2023 – Federal Reserve FOMC Statement

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by AutoModerator Fed Funds Rate Prior: 4.50 to 4.75% Fed Funds Rate Consensus: 4.75 to 5.00% CME FedWatch which tracks interest rate futures trading probabilities can be found here – CME FedWatch Tool – CME Group The FOMC statement can be found here – Federal Reserve Board – Press Releases Link to live broadcast of press conference … Read more

Fed hikes rates by a quarter percentage point despite recent turmoil in the banking sector

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The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end. Along with its ninth hike since March 2022, the rate-setting Federal Open Market Committee noted that future increases are not assured and will depend largely on incoming … Read more

Massive explosion at Ineos chemicals plant in Pasadena Texas

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🚨#BREAKING: Massive explosion at the Ineos Phenol chemicals plant 📌#Pasadena | #Texas ⁰Currently Numerous hazmat response teams and other emergency personnels are responding to a extremely massive explosion and fire at a Ineos Phenol chemicals plant in Pasadena Texas one… pic.twitter.com/6AIKgrozQZ — R A W S A L E R T S (@rawsalerts) March 22, … Read more

The Banking & Debt Crisis Continues

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by Martin Armstrong The banking crisis continues and it is impacting funds that have been buying bonds. Allianz, a subsidiary of Pimco, is writing off countless millions with Credit Suisse bonds. The banking crisis has been the result of artificially low-interest rates for far too long and banks were used to free money and buy long-term … Read more

Next crisis already brewing: Commercial property debt creates more bank worries

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via Fox Business: A record amount of commercial mortgages expiring in 2023 is set to test the financial health of small and regional banks already under pressure following the recent failures of Silicon Valley Bank and Signature Bank. Smaller banks hold around $2.3 trillion in commercial real estate debt, including rental-apartment mortgages, according to an analysis from data … Read more

They have no idea what to do. They are making it up as they go.

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Hyperinflation or recession, what would you choose? 🤷‍♂️ — Satoshi Club (@esatoshiclub) March 22, 2023 Nobody: The BoE: we're done fighting inflation, it's under control BREAKING: UK CPI YOY ACTUAL 10.4% (FORECAST 9.9%, PREVIOUS 10.1%) — The Market Dog (@TheMarketDog) March 22, 2023 BUNDESBANK'S NAGEL: THERE SHOULD BE CONTINUED RATE RISES, BANKING TURMOIL WILL SPREAD … Read more

Chinese families are now crossing the border

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NEW: Chinese nationals are illegally crossing the border in unprecedented numbers in the RGV sector – up 920% comp to last year – and a cash cow for the cartels bc they pay $30k+ to be smuggled across. Here is a group of 5 we encountered yesterday @FoxNews pic.twitter.com/u7gkI9EVfr — Griff Jenkins (@GriffJenkins) March 19, … Read more

Chris Hedges nails it! As Eisenhower warned, the military-industrial complex has devastated our Democracy, impoverished our middle class, sewed chaos across the globe + obliterated our moral authority. Today, both political parties are the war party.

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Chris Hedges & RFK Jr. have both been pretty long standing anti-war activisists. This is from Kennedy’s twitter account and links to a story. .@ChrisLynnHedges nails it! As Eisenhower warned, the military-industrial complex has devastated our Democracy, impoverished our middle class, sewed chaos across the globe + obliterated our moral authority. Today, both political parties … Read more

The face ripper bear market is just around the corner…

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Home sales spike 14.5% in February as the median price drops for the first time in over a decade Investors think a systemic credit event has replaced high inflation as the number one risk to the stock market Central Banks are out of Ammo with no Choice but to let their Currencies Burn h/t  FATPEPPAPIGGAMER420

‘It’s Not Over’: Tucker Carlson Blasts DOJ for Further Setting Its Sights on Trump Voters

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Fox News host Tucker Carlson said Tuesday that the Department of Justice was not just after former President Donald Trump, but also those who voted for him. “In Manhattan tomorrow, what will certainly be an overwhelmingly liberal grand jury will meet and unless something unexpected happens, Democrats will have taken the unprecedented step of using … Read more