On Wire

Breaking news, updates, and reports on current events.

Federal Spending Tops $6 Trillion for First Time… Deficit Smashes Record… Economic Bellwether Shows Recovery Losing Steam

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Federal Spending Tops $6 Trillion for First Time…Deficit Smashes Record… (CNSNews.com) – Federal spending has topped $6 trillion for the first time in any fiscal year in the nation’s history and the federal deficit has topped $3 trillion for the first time, according to the Monthly Treasury Statement for August that was released today. There is … Read more

What Possible Disruption Is Coming If China To Start Massive Stockpiling Of All Possible Commodities

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  China disclosed to have plans to increase its strategic commodities reserves to ease anxiety over energy and food security. The plan is foreseen to start in 2021 and is likely to include substantial purchases of cruse, strategic materials, and farm goods, according to local officials. Their goal is to keep China safe and protected … Read more

WHOA! Dr. Fauci Defends President Trump, Delivers HUGE Blow To Democrats And Left-Wing Media

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https://www.youtube.com/watch?v=itDvTuF1yHw Collin Rugg from Trending Politics reports, On Wednesday while speaking on Fox News, Dr. Anthony Fauci defended President Donald Trump against recent claims made by journalist Bob Woodward who said that the President purposely downplayed the coronavirus. Read More/Source/Credit/FairUse: https://trendingpolitics.com/dr-fauci-defends-president-trump-delivers-big-blow-to-democrats-and-left-wing-media/

Mortgage Delinquencies Soar 450% as Homeowners Pull Cash Like an ATM, Magnifying Debt Crisis!

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There is no economic recovery and the mainstream has been trying to avoid the obvious but occasionally the information comes out. It’s so prevalent today that it’s impossible not to see it. If you’re looking at a secluded area, or a certain set of statistics generally known, you would conclude that as expected, a v-shape … Read more

Tech investors await IPO bonanza next week, highlighted by Snowflake and Unity

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​ https://www.cnbc.com/2020/09/11/ipo-bonanza-is-coming-next-week-highlighted-by-snowflake-and-unity.html ​ In short this coming weeks IPO’s: Unity Software First-half revenue: $351.3 million Revenue growth: 39% First-half net loss: $51.4 million vs. $67.1 million a year earlier Valuation at high end of current range: $11.1 billion Ticker symbol: U Snowflake First-half revenue: $242 million Revenue growth: 133% First-half net loss: $171.3 million vs. … Read more

Should you own international investments? According to the experts, yes you should.

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by XacTactX Every day on this sub I see many people asking “Should I just buy VOO/VTSAX?” and far too often someone replies and says yes. I just want to point out that according to your favorite investment firms, you should have international investments, and here is the evidence. ​ According to Vanguard, international stocks … Read more

Inflationary bounce seems to have run out of steam…

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https://twitter.com/Hoz94s/status/1304445950539300864 Services inflation rolling over from an already depressed level pic.twitter.com/VbNwBwQ2Ep — Joe Weisenthal (@TheStalwart) September 11, 2020 Q3 GDP Forecasts https://t.co/YRvCLGvgTf Even with a 30% annualized increase in Q3 (about 6.8% QoQ), real GDP will be down about 4.2% from Q4 2019; a larger decline in real GDP than at the depth of the … Read more

Who has been buying this stock market?

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Who has been buying this stock market? pic.twitter.com/mLrrasFWGa — Win Smart, CFA (@WinfieldSmart) September 11, 2020 “Retail doesn’t have the ability to move the market by themselves, but by buying calls they force dealers to hedge themselves, and triggered this parabolic move in tech stocks” https://t.co/6wjMYwHlLA pic.twitter.com/m4H6gEKEBb — Trevor Noren (@trevornoren) September 11, 2020 Long … Read more

BOOM! Former Biden Stenographer Just BURIED Old Joe With SHOCKING Revelation

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https://www.youtube.com/watch?v=RgqEKnw0Q8k Jim Hoft from The Gateway Pundit reports, Former Joe Biden stenographer Mike McCormick joined Laura Ingraham on Tuesday to discuss his latest book and his time with the former Vice President. McCormick told the Washington Free Beacon in an interview published on Tuesday that Joe Biden has “lost a step” and he’s “not the … Read more

BLM Mob Crashes GOP Senator’s Campaign Against Rioters and Mob Violence – Crowd Fights Back!

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https://www.youtube.com/watch?v=yVIWvqEbIFI Allan Miller from 100% Fed Up reports, Senator Kelly Loeffler’s campaign event was interrupted on Thursday in Forsyth County by Black Lives Matter radicals. Loeffler was campaigning with Arkansas Senator Tom Cotton. The two senators proposed legislation that will withhold funding from district attorneys who refuse to prosecute crimes arising from protests. The legislation … Read more

Surprise surprise… Mortgage credit conditions are at their tightest levels in 6 years.

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Surprise surprise… Mortgage credit conditions are at their tightest levels in 6 years. Now down a record of 32% YoY in August! No kidding the Fed had to buy $600B of MBS in the last 6 months. pic.twitter.com/6LD8cKGUMf — Otavio (Tavi) Costa (@TaviCosta) September 11, 2020 29.2 Million. That's how many people are currently collecting … Read more

The Role Of Gold In Surviving A Global Economic Abyss

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We’re going into the dark years, and we’re never going back to what we had… Bob Moriarty interviewed by Jay Taylor on Turning Hard Times Into Good Times Bob Moriarty talks about the markets, the problems with the economy and about a book he is writing about a miner that is evolving into a possible major miner.