On Wire

Breaking news, updates, and reports on current events.

Declines in Loan Values Are Widespread Among Banks, Lenders could face pressure on earnings or liquidity, or to pay higher rates for deposits.

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From the WSJ: When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank pointing triangle soon afterward, the concern mainly was about a hole in its loan book. Nearly every publicly traded bank in the country is sitting on loans … Read more

RFK Jr. For President, Celente Called It

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Trends Journal, Released on 4/6/23 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more

Law Enforcement Had “At Least 40” Undercover Informants On January 6th

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On Wednesday, Roger Roots, the lawyer for defendant Dominic Pezzola, revealed that there were at least 40 undercover informants working as part of law enforcement agencies to conduct surveillance among defendants on January 6th. Pezzola is in jail and faces charges including seditious conspiracy for his involvement in the Capitol riot on January 6th. On … Read more

Recession Highly Likely

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by uslvdslv Top Graph: Over the past +50 years, inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. recession (there have been no false indicators or exceptions to this rule). The 8 recessions that … Read more

ECB President Christine Lagarde into disclosing her plan to launch a “Digital Euro”

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CBDCs are the bullet train to digital concentration camps “If you can move every human into a digital concentration camp, empty their bank account any time you want, and tell them what they can and cannot spend money on, you've got complete control."https://t.co/vBAlsCsjov — KanekoaTheGreat (@KanekoaTheGreat) April 6, 2023 h/t AR 15-SPECIALIST

What a difference a 48 hours makes? Jamie Dimon 4/4 in letter to shareholders: deposit crisis is “not yet over” & could affect the financial services sector “for years to come.” Jamie Dimon today: “I think we’re getting near the end of this particular crisis.” Playing both sides? lying to who?

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by Dismal-Jellyfish Sources: https://www.bloomberg.com/news/articles/2023-04-06/dimon-says-banking-crisis-has-increased-the-odds-of-a-recession https://www.cbsnews.com/news/jamie-dimon-jpmorgan-chase-ceo-shareholder-letter-banking-crisis/

This article is pure gold. Proof that Citadel on purpose doesnt execute best price for Household investors.

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via SEC.GOV: Washington D.C., Jan. 13, 2017 — The Securities and Exchange Commission today announced that Citadel Securities LLC has agreed to pay $22.6 million to settle charges that its business unit handling retail customer orders from other brokerage firms made misleading statements to them about the way it priced trades. The SEC’s order finds … Read more

Bruce Jenner outraged with Nike about Dylan Mulvaney Partnership – ‘STOP TRYING TO ERASE WOMEN’

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‘This Is an Outrage’: (Bruce) ‘Caitlyn’ Jenner Knocks Woke NIKE EQUALITY > INCLUSIVITY (STOP TRYING TO ERASE WOMEN). The differences between men and women are real and are a good thing! It doesn’t make trans ppl a bad thing, either. Why is it so black and white with the RADICAL RAINBOW MAFIA?! https://t.co/iRh7NNsfFa — Caitlyn … Read more

Samsung rises 4% after it said it would cut memory chip production as its quarterly operating profit drops 96% to the lowest in 14 years.

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by polloponzi BREAKING: Samsung reported its slimmest profit since the 2009 global financial crisis and said it would cut memory chip production. — unusual_whales (@unusual_whales) April 7, 2023 Global economy set for years of weak growth, IMF chief Georgieva warns. World to expand at avg annual rate of ~3% over next 5yrs, well below avg … Read more

There were six months between Bear Stearns failing and Lehmans. There probably won’t be this time…

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by mark000 https://en.wikipedia.org/wiki/Economic_Stimulus_Act_of_2008 The Economic Stimulus Act of 2008 (enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions. Recession had begun. This nipped it in the bud. Zero chance of … Read more

Swimmer Riley Gaines Violently Assaulted by Trans Mob at TPUSA Event

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This young woman was assaulted by a deranged trans-rights mob and forced to run the gauntlet under police protection. On Thursday night, swimmer and women’s sports advocate Riley Gaines was assaulted by radical trans activists during an event at San Francisco State University. https://thepostmillennial.com/breaking-riley-gaines-violently-assaulted-at-sfsu-event-sponsored-by-tpusa She is remaining brave and courageous. Video of the mob screaming … Read more

The Fed Never Sees it Coming! They Just Cause it!

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by David Haggith  Even though the Fed was specifically chartered to help protect the US from massive economic collapses like we experienced in The Great Depression and to protect banks from major bank runs like banks experienced in the Great Depression, the Fed never sees these things coming. Not only does it fail to see them coming even … Read more

Democrat Dystopia San Fransicko: Video Shows Cash App Founder Bob Lee Begged Bystanders for Help After Being Stabbed, Got Ignored

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Cash App founder Bob Lee was captured on surveillance video begging bystanders in the streets of San Francisco to “Help!” while bleeding to death after being brutally stabbed only to get ignored. From The San Francisco Standard, “Slain Tech Exec Bob Lee Screamed for ‘Help’ in 911 Call After SF Stabbing”: Tech executive Bob Lee walked … Read more