On Wire

Breaking news, updates, and reports on current events.

Officially In The Bubble Business: Fed Couldn’t Even Stomach A 10% Drop In Stocks

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by Graham Summers of Gains, Pains, & Capital The Fed will soon be buying stocks. Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the: The Treasury markets (US sovereign debt) The municipal bond markets (debt issued by states and cities) … Read more

Wow Al Qaeda leader taken out by ‘secret’ US missile filled with knives dubbed the ‘ninja bomb’

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Video included with story. The journey of two senior Al Qaeda-aligned commanders in northwestern Syria on Sunday was suddenly cut short by a targeted U.S.-led strike — only it doesn’t appear that they were killed by explosives, but a missile packed with knives. According to an analysis by “The War Zone,” the R9X doesn’t explode and wields … Read more

Just a reminder: In America, class war is disguised as cultural warfare, and cultural warfare is usually cloaked in talk of race.

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CLASS WAR: Consider this passage: The class war in our country is business class vs. first class; in automotive terms, it’s E-Class vs. S-Class. Everybody’s comfortable. And that produces some odd outcomes: Nobody’s going to do one goddamned thing about how they conduct business in Philadelphia or Chicago or any other corrupt, Democrat-dominated city, but there … Read more

Japanification meets Robinization

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The value proposition of this market now is that new, inexperienced, financially desperate traders are really excited that the market is being spurred on by massive amounts of stimulus. Japanification meets Robinization. — John Tuld (@BradHuston) June 17, 2020 If this isn’t the sign of a market top idk what is pic.twitter.com/aytaI7gowJ — christmas garland … Read more

1.8trn of $SPX options expiring on Friday – making it the THIRD-largest non-December expiration on record – in additional to 230bn of SPY options and 250bn of options on SPX and SPX e-mini futures.

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1.8trn of $SPX options expiring on Friday – making it the THIRD-largest non-December expiration on record – in additional to 230bn of SPY options and 250bn of options on SPX and SPX e-mini futures. H/T S.H. — Thomas Thornton (@TommyThornton) June 17, 2020 Selling on strength pic.twitter.com/ouQWDsOVoA — Alessio (@AlessioTMAD) June 17, 2020 👇This chart … Read more

Sick, Twisted and Evil – Six eBay Executives Charged With Disturbing Cyberstalking. This is what happens when Antifa-types get jobs.

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 by sundance This is so purposefully evil it almost seems unbelievable.  If you ever wondered how twisted and deranged a group of Silicon Valley executives could be this might provide some context.  This is what happens when Antifa-types get jobs. Massachusetts DOJ – “Six former employees of eBay, Inc. have been charged with leading a cyberstalking campaign … Read more

Target raises minimum wage to $15 & gives $200 bonus to all employees to recognize their work during the coronavirus

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All of Target’s hourly employees will make at least $15 an hour starting July 5. Employees will also receive a one-time bonus of $200 to recognize their work during the coronavirus pandemic. The retailer had previously pledged to raise its minimum wage to $15 by the end of 2020. Target said Wednesday it is raising its … Read more

Terry Crews won’t back down on black supremacy warning, says black people should be allowed to be republicans or libertarians

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https://youtu.be/wJnkP33j7rA Me, me x1000 Terry Crews is my hero dude. He’s talented in a million ways, has a heart of gold, full of integrity, consistent in his convictions, and is one of the most courageous men out there. While in the NFL he painted gorgeous portraits of his teammates as a side gig. We’ve all … Read more

Atlanta Police Are Not Walking Off The Job. Its All B.S. Says APD!

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Earlier suggestions that multiple officers from each zone had walked off the job were inaccurate. The department is experiencing a higher than usual number of call outs with the incoming shift. We have enough resources to maintain operations & remain able to respond to incidents. — Atlanta Police Department (@Atlanta_Police) June 18, 2020 Earlier suggestions … Read more

Atlanta DA Paul Howard: “A Tazer is considered as a deadly weapon under Georgia law” (but only when in the hands of a police officer, I would seem)

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If it’s considered a deadly weapon, what is the point in carrying it? It would be redundant to carry it and a pistol https://twitter.com/jason_howerton/status/1273402121858187264 Fulton County DA Engaging In A ‘Political Overcharge,’ Police Will ‘Let The Streets Run Wild’ He“is in a hotly contested runoff for reelection and he’s under state investigation for pocketing six … Read more

Oh Yeah. Sick day?

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https://twitter.com/Rockprincess818/status/1273428410707017729 It’s Spreading: Over 40 LAPD Transit Officers Call Out on Wednesday – After 43 Skipped Work on Monday Atlanta Police walk out following murder charge against officer who shot Rayshard Brooks. Police officers had stopped answering calls midshift. “Apparently we’re learning that command staff are asking outlying counties for support and aren’t getting it.”