On Wire

Breaking news, updates, and reports on current events.

The 50 Highest Cities in the World

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via visualcapitalist: When comparing the world’s cities to one another, we often use defining characteristics—largest, greenest, most visited, highest-earning, the list goes on. Yet elevation is often overlooked, despite the fact that thousands of cities across the globe are nestled in highlands, plateaus, and mountain ranges. Today’s graphic looks at the top 50 highest cities worldwide, and … Read more

Another Pointless Antitrust Campaign by Federal Regulators

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by Dave Albin via Mises Thank goodness the US Justice Department has again saved food consumers from…well, it’s kind of hard to say. This time, the target is chicken producers, but I wrote about similar events several years ago with the dairy industry. The latest developments involve a $110 million settlement and indictments of executives, such as chicken producer Pilgrim’s Pride on allegations … Read more

“The Great Reset is Underway”

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by  J. Johnson via JS Mineset Great and Wonderful Friday Morning Folks, Rebound is the word of the day along with the titled phrase with Gold up $11 with the trade at $1,879, close to the high at $1,881.30 with the low at $1,863.30. Silver is trading at $23.525, up 16.5 cents after the dip down to $23.23 … Read more

Why Hasn’t Trump Tweeted About The Stock Market This Week…?!? (Spoiler Alert: A Sunday Night Shocker Is Coming, Or, He Would Have To Say It’s “Pricing In A Biden Win”)

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via silverdoctors: At least a shock-n-awe event, or a Biden win, will be much “better for gold” than Trump will ever be (or supposedly was)… Why has Trump left “market participants” hanging this week? He’s been vocal before. Let’s revisit the scary-scary stock market crash from March: As we can see, President Trump was quite vocal … Read more

UK to go into lockdown next week.

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BREAKING: UK Prime Minister Boris Johnson considering nationwide lockdown, new measures to be announced on Monday – The Times — BNO News (@BNOFeed) October 30, 2020 Both the Mail & the Times have been briefed there is likely to be a national lockdown from next week pic.twitter.com/pb56MsgXNg — Sophy Ridge (@SophyRidgeSky) October 30, 2020   … Read more

Go to bed by 10 pm Raleigh NC

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There is mandatory sleep order at 10 pm. Make sure to get tucked in by that time RALEIGH, N.C. (WNCN) – Raleigh Mayor Mary Ann Baldwin has put a curfew in place Friday ahead of a planned protest. The curfew will be in place from 10 p.m. Friday to 5 a.m. Saturday. “There are two … Read more

Soldiers Now Deployed In Philly!

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This manufactured crisis just normalized military on the streets of the US… In fact, people have been calling for the military to be on the streets… Something most Americans would have never done just a few months ago… — Spiro (@o_rips) October 30, 2020 I literally just tweeted out a movie trailer depicting a not … Read more

Italy in chaos! Another day of anti lockdown protests

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Gamonal forever young https://t.co/Oqd01B5KY1 — Diego E. Barros (@diegoebarros) October 30, 2020 Barcelona. Caballero… La mascarilla!Y por favor, dejen de tirarnos vallas! Libertad! pic.twitter.com/GRE2H8zki5 — No Habrá Paz † (@_SantosTrinidad) October 30, 2020 #DisturbiosCOVIDMomento muy delicado para una pareja de @barcelona_GUB Mucha violencia de los manifestantes.@LaVanguardia pic.twitter.com/4AQs7wvgcH — Mayka Navarro 🐾🐕🐕 🐾 (@maykanavarro) October 30, … Read more

60k Puts bought on HYG

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by Particular-Wedding Big bet against junk bonds with -.02 delta. A trader is betting that we will be seeing chaos in the fixed income/credit markets in under a month. Cheap hedge or just a speculative bet? I am guessing a bit of both. The strike targets a range just above the March 2020 lows. ​ … Read more

Google searches and infections

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The curves are also following each others in France. I took death cases of coronavirus, because France didn't test well before august pic.twitter.com/E3lZegGYP0 — Jean-Baptiste Viet (@jeanviet) October 30, 2020

Most employers issue only paychecks every two weeks. In the meantime, payroll processors like ADP make millions from investing worker salaries before they’re paid.

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by TrueBirch There are efforts to use technology to shorten the gap between someone working and getting paid. To learn more, check out two pieces (first, second) that NPR ran on this topic last year. I found the numbers in ADP’s quarterly reports. The date reflects the total amount ADP made in the quarter that ended … Read more

Most Central Banks are now at 0% or NEG% overnight rates. Here’s a composite of G10 overnight rates.

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2/ Most central banks are also engaged in QE. Here's balance sheet/GDP for $USD, $EUR, $JPY $GBP pic.twitter.com/jqvXz3g6AC — IceCap (@IceCapGlobal) October 30, 2020 4/ another consequence has been a gradual decline in yield produced by investment grade bonds. This means less "safe" income for conservative investors. This chart shows how the yield for $LQD … Read more

Moving averages not holding

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Moving averages not holding pic.twitter.com/QnYw7vCuc6 — Win Smart, CFA (@WinfieldSmart) October 30, 2020 pic.twitter.com/ha50opnAsn — M/1_LP (@MI_Investments) October 30, 2020 Tick…tick…tick… The Pan-European banks are very, very close to taking out their ALL TIME LOW (from 1987). A break of that support will be explosive to the downside. The Winter of Discontent…. pic.twitter.com/UZFOUUXAC0 — Raoul … Read more