On Wire

Breaking news, updates, and reports on current events.

Money growth vs the real economy.

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https://twitter.com/jtepper2/status/1266042596524163072 More than 3,600 stores are closing as the retail apocalypse drags on đŸ‡ș🇾Atlanta Fed Business Uncertainty Survey @BillardPhillipe @AlessioUrban @EconGlobal @TradersCom @LordPolemos @MI_Investments @XRP_589_Theunis @SpeculaThor @bocajoes @tey_west @wheeliedealer @Rafael60980545 @ChileBitcoin @investor1927 @paibad @rsroc @hedgefundsrati1 @ezkappdo pic.twitter.com/4a9FVKqRZG — Antonio PĂ©rez-AlgĂĄs (@apanalis) May 27, 2020 Left behind in the Fed’s coronavirus bailout, some bonds tied to … Read more

Hong Kong’s security law is going to devastate its economy

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by ilikepancakez https://asia.nikkei.com/Opinion/Hong-Kong-security-law-is-going-to-devastate-its-economy Commentary: The freedoms given to Hong Kong as a largely autonomous region helped make it a thriving center for international banking and finance. The new national security law is already creating uncertainty and greatly undermines the pillars with which the majority of Hong Kong’s status is based upon. With China effectively choosing … Read more

We can print our way out of anything?

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We can print our way out of anything pic.twitter.com/xhlD2gmnLe — Win Smart, CFA (@WinfieldSmart) May 27, 2020 U.S. Corporate Credit pic.twitter.com/a1gjJpAcNI — Win Smart, CFA (@WinfieldSmart) May 26, 2020 #SPX Weekly – this bounce is still well within Bear Mkt rally parameters.. until that changes.. my view for another leg lower remains. 😎 #ES_F #SPY … Read more

The UN Had To Step In To Allow Venezuela To Sell Gold Held (Supposedly) In Bank of England Vaults

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(Silver Doctors Editors) It seems like Venezuela will be able to sell some gold after all. If you’re picking-up where this story left off, or if you’re new to this story, here’s where we left off with in this ongoing saga: Which brings us to reporting today, from Reuters (bold added for emphasis and commentary): CARACAS (Reuters) – Venezuela has … Read more

To Help the Economy, Wear a Mask

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by John Mauldin “You can lead a horse to water but you can’t make him drink,” says an old saying. That’s right but, as I learned growing up in Texas, it doesn’t go far enough. Horses recognize hazards their riders miss. Maybe there’s a reason not to drink that water. I say that because, with … Read more

As the Economic Cycles Turn

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by John Mauldin I had a chance to catch up with my friend Neil Howe at my recent Strategic Investment Conference about the “Fourth Turning”—a recurring generational cycles theory that Neil helped to write the book on, quite literally. In his view, it’s ongoing right now. Specifically, in the cycles of history, we are in … Read more

Arizona sues Google, alleging it violated privacy and improperly tracked location data even when users had turned off the setting

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https://twitter.com/TonyRomm/status/1265767410470211584 Arizona sues Google claiming it illegally tracked Android users Arizona has sued Google over claims that it illegally collected location data from users without their permission, according to the Washington Post. The state’s attorney general Mark Brnovich argued that Google kept location tracking running in the background for mapping, weather and other apps, along with … Read more

All world leaders, Pelosi, McConnel, Gang of 8 taking hydroxychloriquine

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https://twitter.com/TruthHammer888/status/1265709220386623488 https://www.thegatewaypundit.com/2020/05/president-el-salvador-announces-taking-hydroxychloroquine-says-world-leaders/ President of El Salvador Announces That He is Taking Hydroxychloroquine, Says ‘Most World Leaders’ Doing the Same By Cassandra Fairbanks Published May 27, 2020 at 12:40pm Bukele told reporters on Tuesday that “most world leaders” are doing the same and has questioned why world leaders are being advised to use it while the … Read more

These big banks may be at risk of dividend cuts after the Federal Reserve’s stress tests

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Sell-side analysts have expressed confidence during the coronavirus crisis that most banks will be able to maintain their dividends through the expected economic recession. But now we’re about to see the results of the Federal Reserve’s annual stress-test process. Analysts at Keefe, Bruyette and Woods don’t expect any dividend cuts among the large U.S. banks … Read more

JAMES WOODS: Yet another flip-flop Democrat grifter caught on video saying mail-in ballots are susceptible to fraud. This was in the past. The mob destroying the Democratic Party now don’t even care if they look corrupt.

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Yet another flip-flop Democrat grifter caught on video saying mail-in ballots are susceptible to fraud. This was in the past. The mob destroying the Democratic Party now don’t even care if they look corrupt. They’re that desperate. pic.twitter.com/ROzKjycdTY — James Woods (@RealJamesWoods) May 28, 2020 “The perfect leftist is the fanatical hypocrite. While his beliefs … Read more