On Wire

Breaking news, updates, and reports on current events.

About $40 trillion of China debt spending since 09 saved the global economy. There is now no major economic bloc with enough creditworthy capacity to maintain the spending momentum.

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About $40 trillion of China debt spending since 09 saved the global economy. There is now no major economic bloc with enough creditworthy capacity to maintain the spending momentum. Interest compounds relentlessly and repo mkt is the visible sign that stress is becoming acute. https://t.co/sDrD3ilbqy — 4D Macro (@quantcredit) February 12, 2020 europe's rebound will … Read more

Mannarino: Overnight The Fed Pumps Not One But Two Capital Injections Into The Markets!

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TradersChoice.net, Released on 2/11/20 “The more debt that is pumped into this market, the higher stocks are going to go.” Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published … Read more

Investors’ Paradise with John Rubino

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from Financial Survival Network John Rubino returns… With the Fed and Uncle Sam manipulating all the markets, you almost can’t go wrong with your investments. Bonds up! Stocks up! Gold up! Tesla, still up and probably going higher. So what could possibly go wrong? More and more leverage and debt equals disaster. Now that Trump has been … Read more

HAHAHAHAHAHAHA: Oscars Hit All-Time Low

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by DCG They might have done better had they let Gervais host: From Yahoo: In the latest TV ratings, ABC’s broadcast of the 2020 Oscars averaged 23.6 million total viewers and a 5.3 demo rating, down 20 and 30 percent from last year’s first host-less outing. This year’s Academy Awards thus hit new lows in both measures, … Read more

The US equity market is banking on a huge 20% YoY boost to JOLTS job numbers!

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The US equity market is banking on a huge 20% YoY boost to JOLTS job numbers! pic.twitter.com/SXNGli6We9 — Julien Bittel, CFA (@BittelJulien) February 12, 2020 2. "Employers typically withdraw job listings before they start laying off workers and have been doing so at a brisk clip of late." — Carl Quintanilla (@carlquintanilla) February 12, 2020 … Read more

You’re going to see a lot lot more of this. We’ve only started to think about how big a financial impact this is having and we aren’t even close to returning to normal

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You're going to see a lot lot more of this. We've only started to think about how big a financial impact this is having and we aren't even close to returning to normal https://t.co/09ozL2H5lj — Blume Industries CEO Balding 大老板 (@BaldingsWorld) February 12, 2020 Australia, the "lucky" country in for a rude shock because few … Read more

The Recession Called “Repocalypse”

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by David Haggith There is, at least, one highly recognized economist who agrees with me that a recession started forming in the summer of 2019 and is still emerging, in spite of the Fed’s strongest efforts to stop it — David Rosenberg: We recall all too well the euphoria that followed the early 2001 and late … Read more

This Coronavirus Outbreak Is Really Starting To Take A Very Serious Toll On The Global Economy

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by Michael Snyder Factories all over China have been shut down, global supply chains have been hit by an unprecedented shock, the Baltic Dry Index is absolutely collapsing, the tourism industry is being absolutely devastated, and companies all over the globe are warning that sales will be lower than anticipated this quarter.  This coronavirus outbreak … Read more

Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times

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Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why? By Wolf Richter for WOLF STREET. Auto loan and lease balances have surged to a new record of $1.33 trillion. Delinquencies of auto loans to borrowers with prime credit rates hover near historic lows. But subprime loans (borrowers with a credit score below 620) are … Read more

Trump Makes Bold Election Predictions For Schumer, Ocasio-Cortez, Nadler. AOC will Primary them

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Now that the impeachment farce has been brought to a merciful conclusion by the Senate, President Trump can spike the ball in the faces of his hapless adversaries. And that is exactly what he did with some bold predictions for several top Democrats including his longtime nemesis, Jerrold Nadler. Taking extra delight after the Dems’ … Read more

China state backed newspaper making these claims. If this is true the world will not be able to stop nCov from spreading

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China state backed newspaper making these claims. If this is true the world will not be able to stop nCov from spreading. 42 days of asymptomatic life while you spread it to countless others you come in contact with. This is a FUCKING CRISIS. https://t.co/1DLcQwj4hH — Endless Capit🅰️l (@endless_frank) February 11, 2020 There are concerns … Read more

Companies are significantly shrinking hiring plans as profits fall. Last resort to boost earnings?

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Beleaguered. Companies are significantly shrinking hiring plans as profits fall. Last resort to boost earnings? Deteriorating fundamentals continue to signal a downturn in the business cycle. Key note: This is all pre coronavirus epidemic. pic.twitter.com/1E8ij9Lp0k — Otavio (Tavi) Costa (@TaviCosta) February 11, 2020 #recession … US #JOLTS #JobOpening edition "The two-month drop was so bad … Read more

Ammunition Running Low, No Step 5, Swamp Trapped And Drained, Panic Sets In

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https://www.youtube.com/watch?v=qUgUdywap_o The [DS]/D’s are trapped, the swamp is being drained and more swamp creature are being fired or resigning, they know it’s all coming down around them. All the cases they have been pushing are now falling apart. Barr, Trump and team have pushed in them into a corner and exposed what they have been … Read more