On Wire

Breaking news, updates, and reports on current events.

Over 10% of the entire population of Oregon forced to evacuate, 23 known killed… Fires have consumed an area equal to the size of New Jersey.

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OROVILLE, Calif. – Wildfires raced through more than a dozen Western states Thursday, incinerating homes, forcing hundreds of thousands of evacuations, and burning a swath of land almost the size of New Jersey. At least 23 people have died and hundreds of homes have been destroyed by more than 100 major fires that have consumed nearly 7,000 square miles. Authorities in … Read more

If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone

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by Michael Snyder If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again?  As you will see below, more than half of all households in some of our largest cities “are facing serious financial problems”, and Americans continue to file for unemployment benefits at a rate … Read more

Large bankruptcies and permanent layoffs in the US keep climbing

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Large Bankruptcies pic.twitter.com/nrQVucmKgd — Win Smart, CFA (@WinfieldSmart) September 8, 2020 Permanent layoffs in the US keep climbing. pic.twitter.com/cfOyzk2Pk8 — Win Smart, CFA (@WinfieldSmart) September 10, 2020 'The 65% of owners who believe their business will survive is the lowest percentage recorded in the survey thus far, down from 73% in July and 68% in … Read more

Narrowest breadth since the Dotcom bubble

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Great chart via @themarketear – narrowest breadth since the #Dotcom bubble. pic.twitter.com/TwXZJa0gfv — Lance Roberts (@LanceRoberts) September 10, 2020 Abrupt market moves could lead to more abrupt market moves due to this quant strategy focused on abrupt market moves https://t.co/iEUoyq1nmx via @markets — Robert Burgess (@BobOnMarkets) September 9, 2020

The Federal Reserve’s ‘official position on bubbles? They can only be seen after they burst, when their bursting ‘proves their existence.’ (Greenspan)

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The @federalreserve 's 'official position on bubbles? They can only be seen after they burst, when their bursting 'proves their existence.' (Greenspan) Contrast that with the great Dr. Kurt Richebacher.No mystery why we've had 3 huge Fed fueled bubbles in just 20-years! pic.twitter.com/aOqwy9fFHW — Peter Schmidt (The 92ers) (@The92ers) September 10, 2020 GOLDMAN SACHS ANALYST … Read more

STOCKS OR GOLD IN THE 1970s?

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STOCKS OR GOLD IN THE 1970s? pic.twitter.com/3VWo6IWUE0 — Win Smart, CFA (@WinfieldSmart) September 10, 2020 Long-term US market-based inflation expectations are back at pre-crisis levels. pic.twitter.com/8X9Hxrllws — Win Smart, CFA (@WinfieldSmart) September 10, 2020   The Fed’s New Policy Risks a Return of the 1970s On August 27, the Federal Reserve released an important revision … Read more

This Is How It Ends: All That Is Solid Melts Into Air

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by Charles Hugh-Smith While the Federal Reserve and the Billionaire Class push the stock market to new highs to promote a false facade of prosperity, everyday life will fall apart. How will the status quo collapse? An open conflict–a civil war, an insurrection, a coup–appeals to our affection for drama, but the more likely reality is … Read more

Short seller Hindenburg Research published report accusing Nikola of being an “intricate fraud”

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“Short seller Hindenburg Research published a report on electric truck maker Nikola Inc. on Thursday, accusing it of being an “intricate fraud” built on lies told by its Founder and Executive Chairman Trevor Milton over many years. Nikola shares fell 3.7% on the news. “We have gathered extensive evidence-including recorded phone calls, text messages, private … Read more

Jim Willie: Trump Holding Fauci Captive To Charge Him With Sedition Or Treason

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https://www.youtube.com/watch?v=4AibAf34_eI&feature=emb_title The economic sabotage is falling apart. The bad guys are backtracking, engaged in major damage control, and high-level players are trying to save their necks right now… Jim Willie joined Silver Doctors on Thursday, September 10, 2020, for a robust discussion on the latest actions taken by the good guys and Team Trump to … Read more

Eric Early: ‘Common sense Americans know a fraud like Schiff when they see one’

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https://www.youtube.com/watch?v=ZY13fiDCMzo&app=desktop Eric Early, the challenger to Rep. Adam Schiff in California’s 28th District, spoke to OAN’s Patrick Hussion about the possibility of mail-in voter fraud as well as Schiff’s continued attacks on Attorney General William Barr KRUISER: Clinically Deranged Adam Schiff Mounts His Dead Russia Horse Again.  

THEY’RE BUSTED! Who They Just Arrested Rioting In Portland Says all You Need to know

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https://www.youtube.com/watch?v=LknnhmFL6OA Alex Nester from Washington Free Beacon reports, Police arrested a top Democratic staffer in Oregon’s state legislature this weekend for interfering with a police officer during the Portland riots. The police arrested Kristina Narayan, who is legislative director for the top Democrat in Oregon’s House of Representatives, along with 58 others during a riot … Read more

Traders Rush Back Into Hedges

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by Dana Lyons For the past several weeks (or even longer) we have been warning about extremely complacent sentiment among stock investors. Specifically, data from the equity options market indicated that hedging (i.e., put volume) was as scarce as it had ever been in the history of the data. Now, such a condition may not necessarily equate … Read more