On Wire

Breaking news, updates, and reports on current events.

Yahoo Suspends Comments On Articles. More Censorship Before The Elections

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So Yahoo suspends comments on their stories, one of the last to have comments available right before the elections… Why ? Because they are so conservative or middle of the road derived. Almost all news outlets and others including ESPN stopped comments long ago. They can’t have us discussing things… just spoon feeding their indoctrination … Read more

SEDITIOUS CONSPIRACY: Top Democrats contemplate civil war if Biden loses: Yet the media still only talks about Trump not accepting the result.

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via spectator.us: The chattering caste of Washington DC has spent much of the summer obsessed with the idea that Donald Trump will refuse to leave office if he loses in November, as Cockburn has already noted. This perennial topic was silly enough when it was restricted to Nancy Pelosi making awkward assertions on cable television. But … Read more

Twitter users discovering that they ‘like’ Biden campaign tweets.. when they don’t. Panic!

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Wow. Just had a follower send this to me. I NEVER liked a Joe Biden tweet. They said they’ve seen this a few times. Is Twitter doing this to fool people? Meanwhile they’re censoring tweets from our actual President @realDonaldTrump. pic.twitter.com/4o2u1XOGMm — Robby Starbuck (@robbystarbuck) August 6, 2020 I’ve been noticing for months that my … Read more

Cloudflare, Inc (NET) Second Quarter Fiscal 2020 Financial Highlights

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Second Quarter Fiscal 2020 Financial Highlights Revenue: Total revenue of $99.7 million, representing an increase of 48% year-over-year. Gross Profit: GAAP gross profit was $75.6 million, or 75.8% gross margin, compared to $52.6 million, or 78.0%, in the second quarter of 2019. Non-GAAP gross profit was $76.6 million, or 76.8% gross margin, compared to $52.7 … Read more

Economist: This won’t be a V-shaped recovery… its going to take a lot longer to get back to normal… July unemployment numbers not what they seem

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As the coronavirus continues to hurt business and the economy, many investors are eyeing when the market will recover and return to normal. Nasdaq Chief Economist Phil Mackintosh joins The Final Round panel to discuss what he sees as market movers. https://www.youtube.com/watch?v=f9cpiQew8Rc https://www.youtube.com/watch?v=R3-dtoxjLZI  

As Gold Soars, Boring Miners Become Hot Growth Stocks

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BY JOHN RUBINO The idea that a rising gold price is good for gold miners is intuitively easy to grasp. But to understand just how good, you have to see the numbers. Consider the second-quarter reports of mid-tier gold miners Pretium Resources  and Great Panther Mining.  Beginning with Pretium, ounces of gold sold went up slightly compared to last year’s … Read more

Tech Bubble 2.0 edition – Only takes a handful of stocks to get new (recent) highs

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#recession … #Tech #Bubble 2.0 edition$AAPL https://t.co/I96lbPXAPs — Invariant Perspective (@InvariantPersp1) August 6, 2020 #recession … #StockMarket #Breadth edition#SPX #SPX500 $SPY #ES_F $ES https://t.co/8Az41ZrXwW — Invariant Perspective (@InvariantPersp1) August 6, 2020 #recession … #StockMarket #Breadth editionvia @anilvohra69#SPX #SPX500 $SPY #ES_F $ES 📉 https://t.co/WAcFQZc41H — Invariant Perspective (@InvariantPersp1) August 6, 2020 #recession … #Tech #Bubble 2.0 … Read more

Filling In The Gaps

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Authored by Sven Henrich via NorthmanTrader.com, I had the pleasure of speaking with Raoul Pal of RealVision a few weeks ago. The interview was recorded in mid July and it was an opportunity have a heart to heart discussion about the key big issues all of us face on some level or another. We all … Read more

Months of downgrades have taken their toll on credit quality.

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Months of downgrades have taken their toll on credit quality. The share of outstanding US #leveragedloan debt rated B-minus or triple-C has surged (CCC+ debt is up 154% since February) pic.twitter.com/j5YUsvkGpX — Leveraged Loans (@lcdnews) August 6, 2020 Retailers are using bankruptcy to close stores & quickly get out of costly, long-term leases. https://t.co/17C1LYhLvt — … Read more

AGAIN broad dollarflow index is showing liquidations into today’s price move. ABSOLUTELY UNPRECEDENTED!

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AGAIN broad dollarflow index is showing liquidations into today’s price move ABSOLUTELY UNPRECEDENTED pic.twitter.com/puDCiIAtYQ — mcm-ct.com (@mcm_ct) August 6, 2020 👇🏼👇🏼👇🏼 pic.twitter.com/NxAv1vaVIq — Sunchartist (@sunchartist) August 6, 2020 https://twitter.com/NorthmanTrader/status/1291402071695032322  

I don’t know very many bears who want the stock market to go away, but pretty much all of them want the Federal Reserve to go away. If you don’t know why, you’re part of the problem.

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I don't know very many bears who want the stock market to go away, but pretty much all of them want the @federalreserve to go away. If you don't know why, you're part of the problem. — John Tuld (@BradHuston) August 6, 2020 Fed repo operations have completely dried up and given that repos practically … Read more

Understanding inflation/deflation going forward

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by Zalinsky For all the talk of runaway inflation that gets the silvertards like myself excited, the truth is that since 2008, our world has been largely deflationary. Certain assets have had hyperinflation – stocks, education, health care, and limited supply goods of the rich (Central Park penthouses, wines, art, etc.), but that has masked pretty … Read more

Exxon To Halt Employee Savings Plan Match To Cut Costs

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By Charles Kennedy U.S. oil supermajor ExxonMobil will start suspending the employer match to the retirement savings plans of its employees in October, people who received the notification told Reuters. Kevin Steele, News Anchor at ‎KBMT TV, posted on Facebook a photo of a message from Exxon referring to the suspension of the company’s contributions to the 401K … Read more