On Wire

Breaking news, updates, and reports on current events.

Must Watch: Tennessee Dem Lawmaker Blisters Rioting Protesters

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Absolutely incredible speech…. If you watch one thing today–make it this. Never brings up Trump, but absolutely skewers the protesters who riot, intimidate and destroy cities. Talks about his father, MLK and those who peacefully protested to make change. Related: ‘Like a Scene Out of Hell’: Armed BLM Rioters Loot, Pillage, and Burn Kenosha Following … Read more

57 Photos From Downtown Portland

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I took these yesterday. I stayed mostly on 4th to 6th st north of Burnside and 1st to 3rd south of Burnside, so I captured maybe 10% of the total damage. I stayed several blocks away from the Federal building, didn’t venture up to Pearl district, etc. I walked perhaps one mile total. RIP Portland … Read more

Jim Bianco: This investing environment is unlike anything we’ve seen before

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Top Traders Unplugged, Released on 8/21/20 Topics discussed: The uniqueness of the 2020 financial crisis How the Federal Reserve has been aggressively manipulating the bond markets The Wealth Effect’ vs free markets The current retail stock market ‘mania’ The only group who can bring bond markets down: The Bond Market Vigilantes The scale and risk … Read more

Bidens statement on the Wisconsin shooting – OMG

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This is irresponsible horseshit — and frankly, it's Biden and Harris playing you for a sucker if you want actual solutions. They're offering nothing beyond kindly words for BLM and nasty insinuations about cops and the country. If that floats your boat, go for it. — Ben Shapiro (@benshapiro) August 24, 2020

Jackson Hole: big dollar moves expected; sell gold now or hold? – Gary Wagner

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Kitco News, Released on 8/24/20 The annual Jackson Hole Symposium, a gathering of central bankers, economists, and financial institutions, will see its first ever virtual conference this week, and will likely set the tone for further U.S. dollar depreciation, said Gary Wagner, editor of TheGoldForecast.com. “When you’ve got all of the major central banks getting … Read more

Economists see chance of a double-dip recession… White-collar workers feel squeeze… Govt debt at WWII levels…

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Economists see chance of a double-dip recession… Eighty percent of economists surveyed by NABE said they see a 1-in-4 chance of a double-dip recession. The survey, by the National Association of Business Economists, also gave Congress a mixed review when considering its fiscal stimulus effort, but the Fed got the best grade since 2007 for … Read more

Portland businesses fleeing downtown offices due to nightly BLM riots

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by DCG The City of Portland is on day 80-something of demorat-approved nightly chaos: Rioting, looting, burning buildings and people being injured. It’s a dangerous place for residents to visit. Apparently some businesses have had enough and are packing up and leaving. From NY Post: “Large companies are fleeing offices in downtown Portland — because nightly Black Lives Matter … Read more

Democrats and Republicans are chipping in money and signing petition to get rid of Nancy Pelosi! Dems in congress fed up!

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People are sick of Pelosi. Mitch McConnell released a statement last night that all she cares about is getting fake votes from the post office so she can get re elected. Despite over 400 members of Democratic congress from the House and Senate begging her to do a stand alone bill for unemployment insurance and … Read more

The 4% Rule Is Dead. What Should Retirees Do Now?

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by Lance Roberts The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has … Read more