On Wire

Breaking news, updates, and reports on current events.

$800 to $800,000 back to $800. What a wild ride.

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by hurley53017 Turned $800 into $3,000 after years of diligent trading. I was a well diversified, disciplined investor who wallowed in due diligence. Went Yolo with the $3k on Tesla Earnings Options in November 2019 and turned $3,000 into $120,000. Got addicted to playing earnings calls. I was pretty good at it and my portfolio peaked at … Read more

The Social and Economic Side Effects of Negative Interest Rates

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via mises.org: Our world is currently suffering from acute schizophrenia. Banks are pushing impact and sustainable investing like crazy, companies are subordinating their production sites and supply chains to the noble goal of sustainability, and more and more parts of our society are discovering ecologism as the most meaningful political religion of our time. At the … Read more

Father of man killed inside Seattle’s CHOP zone files $3 billion in claims against city, county, state

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SEATTLE — The father of a man shot and killed inside Seattle’s Capitol Hill Organized Protest (CHOP) zone in June has filed three claims against local government amounting to $3 billion. Horace Anderson, the father of 19-year-old Horace Lorenzo Anderson, filed claims Thursday against the city of Seattle, King County, and Washington state over the … Read more

Fannie Mae + Freddie Mac Adverse Market Refinance Fee Delayed to Dec 1

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https://www.fhfa.gov/Media/PublicAffairs/Pages/Adverse-Market-Refinance-Fee-Implementation-Now-December-1.aspx The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac (the Enterprises) to delay the implementation date of their Adverse Market Refinance Fee until December 1, 2020. The fee was previously scheduled to take effect September 1, 2020. FHFA is also announcing that the Enterprises will exempt refinance loans with loan … Read more

Overblown Fiction Narrative

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https://twitter.com/ECantoni/status/1299114747284066307 US bankruptcies are already the most since 2009 https://t.co/MRooCmOgqb — Win Smart, CFA (@WinfieldSmart) August 27, 2020 The retail bankruptcies are coming for your local mall https://t.co/h1HazBfysQ — Win Smart, CFA (@WinfieldSmart) August 27, 2020 More pain ahead for landlords as restaurant bankruptcies poised to balloon in coming months https://t.co/ycnzwFCaeg — Win Smart, CFA … Read more

Fed’s New Policy Will Compound Its Errors

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via mishtalk: The Fed announced a new inflation policy today. It won’t improve anything. Fed Updates Long Term Strategy Today the Fed issued an update to its Longer-Term Goals on Monetary Policy. On maximum employment, the FOMC emphasized that maximum employment is a broad-based and inclusive goal and reports that its policy decision will be informed by … Read more

It may be quiet here, but make no mistake the next stage of economic collapse is coming.

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by AC I think everyone’s attention is on the fire, not what it’s doing to the house. By that I mean that the pandemic, riots, and government shenanigans are front-and-center problems that have a secondary effect on the economy. Just the pandemic alone will cause decades-long ripples in our economy and a fundamental shift in … Read more

Nobody Buys Fear. They all chase bubbles. Something ominous is about to happen.

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Nobody Buys Fear. They all chase bubbles. pic.twitter.com/BXzzE5qWTA — #BuyFear (@FordWealth) August 27, 2020 $SPX Something ominous is about to happen. pic.twitter.com/Uw0fGKIUmI — The Great Martis (@great_martis) August 27, 2020 The median S&P stock has never been more expensive https://t.co/6yd6Vs3h4J pic.twitter.com/8HrfagbZi3 — Trevor Noren (@trevornoren) August 27, 2020 Perfectly normal…… The software industry index to … Read more

Jacob Blake’s parents are disgusted by the BLM riots across America, expressed RESPECT for President Trump and apologized to POTUS for missing his call!

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Related: Tucker Carlson on Kyle Rittenhouse, the Kenosha BLM Riots, and how BLM is “waging war on the middle class on behalf of big business” etc. https://www.youtube.com/watch?v=gLn0JBPL1wg Minneapolis Looted After a Murder Suspect Commits Suicide. Public Blames Cops without knowing the facts. Curfew Announced https://www.youtube.com/watch?v=l0_NZieJZ1k

HOW INFLATION IMPACTS YOU: The Purchasing Power Lifecycle of Consumer Dollar w/ Lynette Zang

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ITM Trading, Released on 8/27/20 Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She … Read more

Pelosi: “Don’t tell anybody I told you this.. Especially don’t tell Joe Biden. But I don’t think there should be any debates.”

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.@SpeakerPelosi: “Don’t tell anybody I told you this.. Especially don’t tell Joe Biden. But I don’t think there should be any debates.” pic.twitter.com/Guu8Jkl1Gs — Benny Johnson (@bennyjohnson) August 27, 2020 Former Florida Attorney General and Women for Trump co-chair Pam Bondi talks to FOX Business’ Elizabeth MacDonald about her speech at the Republican National Convention. … Read more

Military Training to Detain (Concentration Camp) at Fort McCoy, Wisconsin

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Detainee Operations (aka Fema Concentration Camps soon to be activated)? Rioting to defund, end and dismantle local law enforcement? They are federalizing the police force – and this is what comes next. All dissidents (those going against ‘their’ narrative) will be sent to their ‘new homes’. FORT MCCOY, WI, UNITED STATES 08.26.2020 Video by Zachary … Read more