On Wire

A second man has accused Fox News personality and former Judge Andrew Napolitano of sexual abuse, claiming the judge forced him to engage in strange BDSM sex games over the course of a number of years. Napolitano, who faces another sexual abuse lawsuit filed earlier this month, categorically denied the new allegations, calling it a … Read more

House Speaker Nancy Pelosi (D-CA) is preparing for the off-chance that neither President Trump nor Joe Biden will win an outright Electoral College victory – leaving the fate of the presidency to the House of Representatives. In such a scenario – which hasn’t happened since 1876 – each state’s delegation would receive a single vote … Read more

The United States is 243 years old. Joe Biden has been in politics for 47 of those years… That’s ~20% of the time… and you still can’t name an accomplishment of his other than sending our jobs to China and enriching his family BIGLY. — Donald Trump Jr. (@DonaldJTrumpJr) September 28, 2020   h/t CrsCrpr

by Shaun Richards The weekend just gone has provided another step or two in the dance being played out by the Bank of England on negative interest-rates. It was provided by external member Silvana Tenreyro in an interview published by The Telegraph on Saturday night. Perhaps she was unaware she was giving an interview to … Read more

by buckbuckyyy Source: https://www.statista.com/statistics/273941/prices-of-boeing-aircraft-by-type/#:~:text=The%20Boeing%20737%2D700%2C%20listed,ones%20on%20Boeing’s%20price%20list, https://www.aircraftcompare.com/aircraft/airbus-industrie-a321/, https://www.aircraftcompare.com/aircraft/airbus-a320neo/ Tools used: Google Slides, emoji copy.    

More new lows than new highs today NYSE pic.twitter.com/EzDXTjU61o — Alessio (@AlessioTMAD) September 28, 2020 The perma-correlation breaking down… Lumber starting to doubt the latest tech bounce… https://t.co/ztD1aUJeqr — Danielle DiMartino Booth (@DiMartinoBooth) September 28, 2020 Investment grade bonds are slowly turning into junk bonds… ht (James Wong) pic.twitter.com/IdNYI3bKle — jeroen blokland (@jsblokland) September 28, … Read more

by pdwp90 Here’s a dashboard where you can investigate the graph further, and check out some other visualizations of how lobbying money is being spent. Note that I’m still in the early stages of collecting and analyzing this data, and there are still some bugs which need sorted out. The contract table below only goes up … Read more

by learningtosail There’s a lot of dollar chatter in the daily and I thought I would give a quick explanation. TLDR dxy is a stupid indicator and you should ignore it The DXY was introduced at the time of Bretton woods and the weighting is as such: Euro (EUR), 57.6% weight Japanese yen (JPY) 13.6% weight Pound … Read more

Here is a link to the update: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html With an increase in margin requirements ending the week at some brokers, and then this dropping quietly into the weekend, any thoughts on the implications to the cash markets would be greatly appreciated.   BD

by jalapenojacker Take advantage of the EV goldrush by completing the EV Trifecta As you may already know, we are currently in the midst of an EV goldrush. Early adopters, investors, and gamblers will be rewarded for identifying these opportunities and capitalizing on them. One way to ensure that you gain enough exposure to capitalize … Read more

Back in March, long before a short seller would raise questions about electric-truck company Nikola Corp. and hasten its founder’s exit, early investors in the company were expressing concerns of their own. Those investors, led by mutual-fund giant Fidelity Investments, were worried that Trevor Milton, for all his brash visionary talk and Twitter braggadocio, lacked the … Read more

by Lee Friday via Mises Ontario’s ever-changing rent control policies prove that politicians are just as committed to flip-flopping as the Minnesota Vikings are to not winning the Super Bowl. Rent Control as a Means of Buying Votes Ontario’s modern history of rent control legislation began during the 1975 election campaign, when it was actively promoted by the New … Read more

2020 has already set the record for the largest dollar volume of IPOs.⁰36% higher than the peak of the tech bubble with 2 more months to go.⁰Also the largest number of issuances since 2000 and 1999. More importantly: Only 9% of all 2020’s IPOs were actually profitable. pic.twitter.com/XeNZxTQ3Ie — Otavio (Tavi) Costa (@TaviCosta) September 28, 2020  

https://twitter.com/PriapusIQ/status/1310553540746715136  

Small business owners around the U.S. indicate slightly improved sales conditions since the spring, according to a new survey from Verizon Business. Still, over half on Main Street remain worried that social distancing measures decrease their survival chances. Governors across the U.S. are allowing restaurants to reopen, some limited to outdoor dining but others at full … Read more