On Wire

by Michael Snyder The mainstream media in the western world isn’t telling you that Chinese hospitals are being absolutely overwhelmed by the number of sick people showing up for treatment.  So the truth is that the official numbers that the Chinese government is putting out are almost meaningless at this point because hordes of sick … Read more

Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time? By Wolf Richter. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: The stock market is at all-time highs. The Nasdaq has skyrocketed even more than … Read more

by UPFINA You probably already know one of the most discussed topics on Wall Street is how stocks rallied much more than earnings increased in 2019. This is why the forward PE multiple of the S&P 500 is at 18.6 according to FactSet. As you can see from the chart below, quarterly returns on a year over … Read more

This state is getting way out of control . Is there no recourse to this and criminalizing speech and other unlawful antics ? This country sucks in 2020 . No one has the balls to do anything .     AC

The coronavirus in China is spreading, and largely could have been prevented. A town 7 km from where the virus was discovered in Wuhan had a state run banquet with 100,000 people eating off of the same dishes. This was 2 days after 49 cases were confirmed in Wuhan, China. The Chinese government is trying … Read more

Nobody wants to hear Adam Schiff say the same things over and over again  

… impeachment NOT for a criminal act? … WOW! … it is truly POLITICAL!!! … https://www.youtube.com/watch?v=cUogb2A8wsM&feature=youtu.be https://www.youtube.com/watch?v=mt6iURf1h_E&feature=youtu.be https://www.youtube.com/watch?reload=9&v=pmBz2E4x-z0&feature=youtu.be https://www.youtube.com/watch?v=kf6BMZAJdg8&feature=youtu.be https://www.youtube.com/watch?v=fhufvUXNso4&feature=youtu.be     h/t wisconsin

Do you think that the Fed can pull back on the amount of money they’re printing without creating a new crisis? It has only been 24 hours and yet so much information has piled up. It’s impossible to keep up with the level of complexity in this financial system. The nuances. The in’s and out’s. … Read more

https://www.politico.com/news/2020/01/22/tulsi-gabbard-sues-hillary-clinton-over-russian-asset-smear-102074?fbclid=IwAR3mNAVBz0BYd6Lj8rXNIkuMsWnU5FqK_qJ_XZZdGLQP2ag79reUVzD_p-Q Hillary Clinton describes Bernie Sanders as a ‘career politician’ who ‘nobody likes,’ in a new documentary. The fiery words revealed lingering bitterness toward Sanders, years after he unexpectedly challenged her in the 2016 Democratic primary https://t.co/djje3c3R2w pic.twitter.com/hQAL75KFoa — Reuters (@Reuters) January 22, 2020  

Via Economic Cycle Research Institute (ECRI), The consensus is that the U.S. consumer is still strong enough to propel the economy forward even though the manufacturing sector has weakened. This view underpins expectations for improved corporate earnings in 2020. But the hard economic data strikes a discordant note. In particular, growth in industrial production on a year-over-year basis remains … Read more

by OB1_kenobi Article shows the staggering level of $$$ that passes into the hands of the Military Industrial Complex and the results are. I’m no genius, but $35 Trillion sounds like a lot more than just accounting changes. Someone either stole something, they’re hiding something… or they’re hiding that they stole something. From bloomberg: The … Read more

by FringeCenterPodcast NEW: Democratic presidential candidate Rep. Gabbard has filed a defamation lawsuit against Hillary Clinton, claiming that Clinton "carelessly and recklessly impugned" her reputation with "favorite of the Russians" comments. https://t.co/DjDEzsfcAJ — NBC News (@NBCNews) January 22, 2020 First off I’m not in anyone’s camp. Tulsi says some stuff I agree with about being anti … Read more

by smurfin101 🚨 There it is folks. A Democrat Impeachment Manager admitted the reason they're doing this is because going to court wouldn't have been quick enough to get this done before the election. Now we know why we're really here: So Dems can try to rig the 2020 election. pic.twitter.com/BY9KXAn4Q3 — Steve Scalise (@SteveScalise) … Read more