On Wire

Breaking news, updates, and reports on current events.

Stocks Are the Opiate of the Masses

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By Jared Dillian The stock market is the opiate of the masses. Oh sure, the days of watching Jim Cramer mash buttons on his console with his sleeves rolled up to his armpits are pretty much over. And nobody really day trades anymore, except for masochists. And, despite a 10,000-point rise in the Dow since … Read more

3 Ways to Play the Healthcare Surge

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By Robert Ross 2019 was a good year for stocks. US stocks have rocketed 28% this year. This is the second largest annual gain since 1999. And the tenth straight year stocks have climbed higher. This has a lot of investors worried that stocks could tank soon. But this bull market is far from over. My research shows … Read more

WHEN HE’S RIGHT, HE’S RIGHT.

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There’s no getting around the fact – no matter how much one wants to – that Rachel @Maddow’s performance on Russiagate was one of the most paranoid, unhinged and fact-free debacles of sustained media propaganda, fear-mongering, conspiracy-mongering and deceit in many years: https://t.co/wvXGpBOerS — Glenn Greenwald (@ggreenwald) December 28, 2019

MSM: swarms of giant drones in Colorado and Nebraska night sky, and nobody knows where they’re from!

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swarms of giant drones in Colorado and Nebraska night sky, and nobody knows where they’re from!! Mysterious swarms of giant drones have dotted the Colorado and Nebraska night sky since last week, the Denver Post first reported. The drones appear and disappear at roughly the same time each night in swarms of at least 17 … Read more

The Hour Is Getting Late

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by Charles Hugh-Smith After 11 years of “the Fed is the market” expansion, the Fed has now reduced its bloated balance sheet by 6.7%. This is normal, right? So here we are in Year 11 of the longest economic expansion/ stock market bubble in recent history, and by any measure, the hour is getting late, to … Read more

VIDEO: “Joe Biden savages Texans for allowing citizens to carry in church.”

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Benny Verified account @bennyjohnson Biden savaged Texans for allowing citizens to carry in church. Three months later, an armed Texas Christian dropped a church shooter with one shot. The gunman could have killed many, many more had there not been multiple armed Christians ready to defend their flock to the death Biden savaged Texans for … Read more

FBI Analyst Gets Jail Time for Illegally Accessing Right-Wing Lobbyist’s Email to ‘Protect’ Mueller

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We’ve seen the horrible FBI abuse revealed by the IG report issued by Michael Horowitz. But what it revealed was not just the specific abuse but an attitude under former Director James Comey and deputy director Andrew McCabe that allowed such things to happen, of people thinking they were entitled to do what they want … Read more

Big Banks Turn Bearish On Oil Next Year

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By Julianne Geiger As the year draws to a close, the Brent and WTI oil benchmarks are trading at $66.55 and $61.54, respectively. From $60.65 to $64.50, investment bank and analyst projections for Brent crude prices next year are starting to come in. Most forecasts had the luxury of OPEC’s deeper production cuts under the … Read more

Will It Be War? U.S. Airstrikes Hit Iranian-Backed Militias As The Pentagon Warns More Military Action May Be Coming

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by Michael Snyder A lot of people seem to have forgotten that we were literally on the brink of war with Iran earlier this year.  Back in June, President Trump cancelled a major U.S. bombing mission against Iran at the last minute, and things seemed to settle down quite a bit since that time.  But now … Read more

CHOOSING SIDES: Democrats Just Betrayed Working-Class Americans To Appease Environmentalists.

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via issuesinsights: Congressional Democrats just betrayed America’s working class. The House recently passed a series of bills banning offshore energy development, a significant source of employment for blue-collar Americans. Fueled by environmental fervor, these lawmakers are willing to sacrifice opportunities for their most important constituents. There could be up to 90 billion barrels of oil and 328 trillion cubic feet of gas buried … Read more

Paul Krugman hardest hit.

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UNEXPECTEDLY! Rank-and-File Workers Get Bigger Raises. Wages for rank-and-file workers are rising at the quickest pace in more than a decade, even faster than for bosses, a sign that the labor market has tightened sufficiently to convey bigger increases to lower-paid employees. Gains for those workers have accelerated much of this year, a time when the … Read more

The effects of california’s war on uber seem likely to destroy some of america’s most vibrant on-line communities

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Typical idiot leftists. They’re calling on the employer to fix the problem created when they called on the state to hassle the employer. Idiots. A message from the SB Nation MLB communities. Last week we learned that our peers at the California-based SB Nation communities would face major changes under California Assembly Bill 5. You … Read more

Is Social Media the New Tobacco?

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by Charles Hugh-Smith If we set out to design a highly addictive platform that optimized the most toxic, destructive aspects of human nature, we’d eventually come up with social media. Social problems arise when initially harmless addictions explode in popularity, and economic problems arise when the long-term costs of the addictions start adding up. Political problems … Read more