On Wire

Breaking news, updates, and reports on current events.

Letter of Intent China Agreement with Jeff Socha

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from Financial Survival Network Tax expert Jeff Socha returns… China and the US have reached a trade agreement. Actually, it’s more like a letter of intent where the parties have agreed to agree. Where it’s actually heading is anyone’s guess. But these markets don’t seem to care about minor items like that, or impeachment or rapidly expanding debt. … Read more

Pension Schemes in EU Show Big Shortfalls – The Weekly Perspective with David Morgan

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from The Morgan Report David Morgan‘s weekly perspective… Millions of retirees and workers are at risk of losing their multi-employer pension benefits because their plans are forecast to become insolvent in the near future. This would lead to these retirees receiving just a portion of their pensions. EU’s crisis also puts the United States on the … Read more

THIS IS WHY THE FED IS BUYING THE DEBT

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by Jim Quinn   I think the Fed is buying the debt to keep their scam going. The USA is their “front” operation and their muscle, just like any organized crime syndicate. You ever seen the movie The Town? The Fed is Fergie pretending to arrange flowers for a living when it’s really the brains … Read more

DotComBubble#2: APPL’s entire market soared 80% this year, 50% since just September on no earnings or sales growth.

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The first 3 minutes sums up the Bubble conditions in financial markets with APPL the example of the entire market rising 80% this year, 50% since just September on no earnings or sales growth. 🤔DotComBubble#2@RobSKaplan @neelkashkari @marydalyecon @EricRosengren @RaphaelBostic https://t.co/tsxfJISls9 — M/1_LP (@MI_Investments) December 27, 2019 Considering the market cap this is incredible https://t.co/1l56alziGM — … Read more

Closing in on the Greatest Crash in History

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by spontaneousdisorder  The media is claiming the stock market is about to “melt up”. I’m not convinced, in fact current financial conditions are reaching another extreme and there are new reasons to believe this might be the last peak in the biggest mania ever. No doubt QE has created the most persistent risk seeking behavior in … Read more

Don’t let anyone tell you this market is cheap. It’s not, it’s the most expensive in our lifetimes on a PEG basis.

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https://twitter.com/NorthmanTrader/status/1210280982819016705 Ergo why buybacks are so popular https://t.co/LrEpdxE0lo — Michael Lebowitz, CFA (@michaellebowitz) December 26, 2019 Last week alone, the Fed bought another $28 billion in treasuries while continuing to sell mortgage-backed securities on net. Because it's mainly about deficit-funding, not just liquidity. Excess UST supply + dollar shortage = they will create dollars to … Read more

Assad Plans To Sue The U.S. Over ‘Stealing’ Syria’s Oil

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By Tsvetana Paraskova Syria’s government is considering suing the United States in an international court over what a senior advisor to Syrian President Bashar al-Assad referred to as the ‘stealing’ of Syria’s oil. “Syria is looking into the possibility of filing an international lawsuit against the United States, due to the fact that they steal … Read more

7-Simple Investing Rules Your Mother Taught You

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by Lance Roberts When I was growing up my mother had a saying, or an answer, for just about everything…as do most mothers. Every answer to the question “Why?” was immediately met with the most intellectual of answers: “…because I said so”. Seriously, my mother was a resource of knowledge that has served me well over the … Read more

Visualizing Top 20 Most Valuable Companies of All Time

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by howmuch Saudi Aramco finally went public with the world’s largest IPO on December 11th. However, from a historical perspective Saudi Aramco would still not be the world’s largest company ever. Our new visualization looks at the most valuable companies of all time, measured by their market capitalization. Use this visualization Eight companies have reached a market capitalization of … Read more