On Wire
Breaking news, updates, and reports on current events.
When History Rhymes: Woodrow Wilson and the Spanish Flu
by Jesse What Woodrow Wilson did was reprehensible, even if it was for the war effort. But for the stock market? “The year 1917 saw the formation of the Committee on Public Information by executive order which aimed at Wilson getting more recruits for the war. By the summer of 1918, as the disease started to … Read more
A Real Fact Check on the Trump Tax Cuts
by Martin Armstrong While the Democrats love to yell at the rich for always getting richer, in 2016, there were 541 US billionaires with wealth totaling about $2.4 trillion. In 2019, there were 607 US billionaires with wealth totaling about $3.1 trillion. Of course, this is based on stock market valuations and is not cash … Read more
Welcome to the oil price shock of 2020
by Shaun Richards Today is one where we are mulling how something which in isolation is good news has led to so much financial market distress overnight and this morning. So much so that for once comparisons with 2008 and the credit crunch have some credibility. And I felt a rush like a rolling bolt … Read more
Why isn’t the media camped outside of Biden HQ demanding answers?
Because they are FAKE JOURNALISTS. They PRETEND to give the news. The majority of media, made of fake journalists, are not interested in telling the truth or practicing journalism. The 4th Estate no longer protects America. They turned into America's enemy, as Trump said. — The Democrat Party Hates America (@WayneGerald1776) March 7, 2020 The … Read more
This video explicitly shows that the media has been covering up Joe Biden’s fight with dementia
I really wasn’t sure if I believed the rumors that Biden was struggling with mental decay, but this video shows it without a shadow of a doubt. These are signs of dementia. The, “oh, you know the thing” is the most telling. He gets angry at himself because he can’t remember it, but he knows … Read more
Peter “Clairvoyant” Schiff thinks the Fed is not going to be able to stop the upcoming collapse of the financial system
https://youtu.be/ENRQDkGFIlI https://www.zerohedge.com/markets/peter-schiff-feds-response-coronavirus-just-delaying-day-reckoning “The Fed has erected this extremely leveraged economy and the reason we all have so much debt is because every time we try to have a recession, the Fed interferes. Instead of having a healing recessions, where debts are paid down and balance sheets are improved, we just keep levering up.” “They keep … Read more
Table comparing 2020 with the 1929 and 1987 Stock Market crashes.
by mark000 DJIA Mega Crashes: Day 1929 1987 2020 0 10.15 -8% 10.13 -7% 3.4 -8% 1 10.16 -11% 10.14 -11% 3.5 -11% 2 10.17 -9% 10.15 -13% 3.6 -12% 3 10.18 -12% 10.16 -17% 3.9 4 10.21 -16% 10.19 -35% 3.10 5 10.22 -14% 3.11 6 10.23 -19% 3.12 7 10.24 -21% 3.13 8 … Read more
DEEP STATE BTFO – Doug Collins confirms the House does NOT have the votes to pass clean FISA reauthorization
by sundance In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act. As a result of the FISA CR inclusion the … Read more
Brief History of that other economic designed crash of 1929!
Brief History of that other economic designed crash of 1929 BBC documentary On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the aftermath of Black Tuesday, America … Read more
Gerald Celente – Corona Hysteria: Presstitutes and Politicians Killing Economy
Trends Journal, Released on 3/6/20 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
They’re covering up the Biden video on twitter too…
by Zredbird13 And yes you can find the video everywhere but they’re deleting the ones with a lot of attention, this tweet got 160k likes and 4.3 million views and suddenly the account is suspended? Hmm noncey joe Biden Link to video- basically joe Biden exposing himself as a nonce for people who haven’t seen
Trump Tweet : MY NEXT PIECE IS CALLED NOTHING CAN STOP WHATS COMING!
Who knows what this means, but it sounds good to me! https://t.co/rQVA4ER0PV — Donald J. Trump (@realDonaldTrump) March 8, 2020
Marc Faber: Coronavirus was ‘manufactured’ in a lab and will ‘travel throughout the world’
Talk Digital Network, Released on 3/7/20 Marc Faber believes the coronavirus pandemic is being caused by a man-made biological agent (that most likely originated in a laboratory in Wuhan). Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for … Read more
STOCK MARKET DOOM watch- Circuit Breaker Targets- Monday March 09, 2020 DOW FUTURES -1,256
Basics: The NYSE opens at 9:30 am EST and closes at 4:00 pm The most reported and most followed is the DOW Ind. Average. The DOW closed at 25,864.78 Friday. If the markets plunge to certain levels, trading will be halted for a time. This is commonly known as “circuit breakers”. The circuit breakers are triggered by … Read more
Steve Quayle – We Are Entering Into Tribulation Times
Filmmaker, book author and renowned radio host Steve Quayle says, “So, now we are seeing an economic morass, upheaval and tumult. The best term to describe that is convulsion economics, or another word I made up, ‘convulsinomics.’ When someone goes into convulsions, it is something that is beyond their control. There are involuntary responses taking … Read more
On Friday, we asked Larry Kudlow whether he would stop telling people to buy the dip.
On Friday, we asked Larry Kudlow whether he would stop telling people to buy the dip.@CNBC @SquawkStreet #Covid19 pic.twitter.com/oEqf6RMsyt — Carl Quintanilla (@carlquintanilla) March 9, 2020
The market is on the verge of a full-scale panic
by ILikeTalkn2Myself There is no end in sight to coronavirus, it will almost certainly get worse every single day for the next month, if not much longer. OPEC+ fell apart, sparking a price war and Saudi Arabia appears to fighting some kind of internal coup. Oil is already in a proper crash, down +20% today … Read more
Rout in Stock Futures Trigger Trading Curbs… 10-year Treasury below 0.5%… Anxiety grips companies across world… ‘We’re past the point of containment’
UST 10YR .476%! Tomorrow could be unprecedented without a Fed rescue. Even then, the markets may just shake it off and/or consider it a panic signal. — John Tuld (@BradHuston) March 9, 2020 NEW: CNN says it will now refer to coronavirus as a pandemic: "[It] clearly meets the definition, so CNN will start using … Read more