On Wire

Breaking news, updates, and reports on current events.

FBI Used Russian Disinformation to Launch Investigation Into Trump, Audit Finds

by

https://www.youtube.com/watch?v=THUKY90JdDA The FBI was advised that a portion of the infamous Steele dossier was likely the product of a Russian disinformation campaign meant to harm U.S. foreign relations, according to previously-redacted footnotes from the inspector general report on the investigation of the Trump campaign. A source also informed the FBI that former British intelligence officer … Read more

India, Pakistan troops trade heavy fire in Kashmir; 3 killed!

by

SRINAGAR, India — Tensions between India and Pakistan flared again in disputed Kashmir on Sunday as the archrivals’ armies barraged each other with heavy artillery fire, killing at least three civilians, Indian police said. Each side accused the other of starting the shelling and targeting civilian areas in violation of the 2003 cease-fire accord along … Read more

Executive Branch Agencies Recommend the FCC Revoke and Terminate China Telecom’s Authorizations to Provide International Telecommunications Services in the United States

by

Wow, this is kinda big…. Today, interested Executive Branch agencies[1] unanimously recommended that the Federal Communications Commission (FCC) revoke and terminate China Telecom (Americas) Corp.’s authorizations to provide international telecommunications services to and from the United States.  China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company. https://www.justice.gov/opa/pr/executive-branch-agencies-recommend-fcc-revoke-and-terminate-china-telecom-s-authorizations   Heres … Read more

JPMorgan Chase: You will need credit score of 700 and above only with 20% down to buy a home now.

by

JPMorgan Chase, the country’s largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption. From Tuesday, customers applying for a new mortgage will need a credit score of at least 700, and will be required to … Read more

Six people shot at California house party that violated stay-at-home order, 94 SHOTS FIRED, NO ONE KILLED, ALL NON-LIFE-THREATENING INJURIES

by

Six people were shot, including a juvenile, at a large house party in California that violated the state’s stay-at-home order. The shooting took place just before 12:30 a.m. on Saturday at an apartment complex in Bakersfield, in southern California, the Kern County Sheriff’s Office said in a press release. Investigators found 94 shell casings and … Read more

Congress’s EIDL bill automatically encourage banks to process the FEWEST amount of applications for the MAX loan amount, sending majority of money to largest sub-500 employee applications. A simple fix like $200 bonus or % of the FIRST 10k loaned would have reversed the business equation.

by

by BlackhatMedley You don’t have to do anything shady to end up with a situation where banks would clearly end up approving the least amount of applications, for the maximum loan amount, for the wealthiest applicants. Our congress left it up to PRIVATE businesses, just like yours and mine, to decide to make their loan … Read more

Enron Shaped Recovery

by

by Ski_g So I’m no analyst. But I found something pretty interesting. As RSI and y=Mx+b Then I looked at the finobsccicieidieidiei line and yeah. It’s decided. I realized that we’re set for an Enron shaped recovery. If you look at the peaks and the lows primarily the lowest point that occurred in 2003 we … Read more

The state of the left, would rather people die than Trump be correct.

by

by Yourhearse So because this delusional individual is so convinced Trump is going to lead us into global war despite showing greater restraint than virtually anyone in DC, the hope is that Hydroxychloroquine doesn’t work. That’s simply nuts EPOCH TIMES REPORTS CDC REMOVING INFORMATION ABOUT HYDROXYCHLOROQUINE FROM THEIR WEBSITE. INCLUDING DOSAGE RECOMMENDATIONS. Bolsonaro Says Trump … Read more

Chris Vermeulen: How To Tell Where The Stock Market Is Headed Next

by

by Chris Vermeulen of The Technical Traders In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part I, Fibonacci price theory teaches us that price must always attempt to establish new price … Read more

The Stock Buy Back Bubble Go Pop

by

by perfectentry1 Most market participants are completely unaware of the dangers of stock buy back programs, which have been all the rage since around 2011 and the injection of Fed Liquidity into the markets. Stock buy backs have no tangible benefit to corporations. They are a wash for investors, and greatly increase corporate risk. Rarely … Read more

How screwed are we?

by

by appletreea Honestly, how bad is this? Personally, for me, this outbreak will last a year or so. I own a dry cleaner plant in NYC and have been one of the “lucky” few who is currently still in business even though revenue is down 75%. I applied to various programs except for PPP but … Read more

Stock Market Crash 2020 edition

by

#recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #DJIA #NASDAQ100 $QQQ #Earnings 📉 https://t.co/I6BnWOesri — Invariant Perspective (@InvariantPersp1) April 11, 2020 The global economy is already contracting, and is losing steam faster than in the early days of the financial crisis https://t.co/HNdUsy6v9L via @DanHanson41 & @TomOrlik pic.twitter.com/FajoWKhlYe — Zoe Schneeweiss (@ZSchneeweiss) April 11, 2020 Coronavirus: Trump has … Read more