On Wire

Breaking news, updates, and reports on current events.

John Solomon On Hannity Announces Federal Prosecutors Assigned To John Huber Have Reached Out To New Clinton Foundation Whistleblower

by

Hannity: Up to date synopsis about the Mueller Probe and Uranium One. Skip to 20:25… “I’ll give you some Breaking News right now Sean. Federal prosecutors assigned to John Huber reached out to a whistleblower in the Clinton Foundation. For the first time we’ve seen contact between a CF whistleblower and the IG’s office.” Trying … Read more

President Trump Blindsides Democrats – Leaves Hillary And Her Dirty Helpers ‘Devastated’

by

https://www.youtube.com/watch?v=zM-THVtUEO4 Right Wing News reports, President Trump gave an in-depth interview to the New York Post. In it, he laid it on the table for the Democrats and blindsided them. If they insist on the never-ending probes and harassment against him and his administration, he’s going to make them pay a very heavy price. Read … Read more

CHA-CHING! Broward Elections Supervisor Brenda Snipes Cashes In – Pays To Be A Democrat Nutjob

by

Steven Beyer for the Western Journal reports, Brenda Snipes may be stepping down from her position as Broward County elections supervisor, but that won’t stop her from receiving nearly $11,000 a month in pension benefits, the Sun-Sentinel reported. https://www.youtube.com/watch?v=QE_UVJahUSs Read More/Source/Credit/FairUse: https://www.westernjournal.com/browar…    

More Paris Riots: 100 yellow-yackets arrested, police use tear-gas & water-cannons… live feeds

by

1 December 2018 Paris Anti-Macron anger spreads: More than 100 people arrested as riot police fire water cannon and spray tear gas on the Champs-Elysees while protestors take to the streets of Toulouse *’Yellow Vest’ supporters are staging fresh protests on the Champs-Elysees which leads to the Arc de Triomphe * Police have set up … Read more

A Surge In U.S. Corporate Debt Presents a ‘Key Vulnerability In The Economy,’ Says JPMorgan

by

via Pedro Nicolaci da Costa U.S. corporate debt levels have again surpassed their pre-crisis peaks of $6 trillion, raising widespread concern that, as the Federal Reserve raises interest rates, some firms could run into financial trouble. “We think corporate debt is a key vulnerability,” JP Morgan economists Jesse Edgerton and Devwrat Vegad wrote in a research note. … Read more

Interest Rates Create Bearish Doji Star Topping Pattern

by

by Chris Kimble Could interest rates be peaking after moving much higher over the past 5-years? Yes! Joe Friday shares that the yield on the 5-year note, looks like it created an important topping pattern last month. This chart looks at the yield on the 5-year note over the past 20-years. Bearish monthly Doji Star topping patternstook … Read more

Government now wants to seize your car for going 5 MPH over the limit

by

by Simon Black [Editor’s note: While Simon is traveling today, other members of the Sovereign Man team penned today’s missive.] We’ve discussed this on and off for several years now. Civil asset forfeiture is a legal process that allows the government to seize assets and cash from citizens without any due process or judicial oversight. You don’t even … Read more

Iron ore is in free-fall

by

via DAVID SCUTT Iron ore prices have collapsed, logging the largest decline in years on Monday. And in the case of lower and higher grades, the largest plunge on record. According to Metal Bulletin, the spot price for benchmark 62% fines tumbled 8.4% to $64.25 a tonne, its largest one-day percentage drop since April 12 last … Read more

U.S. Leveraged Loan Funds Face Outflows, Fed Highlights Risks

by

via Sally Bakewell Investors pulled cash from funds that invest in leveraged loans, while high-yield debt draws scrutiny from the Federal Reserve for losses it could inflict on investors in a downturn. Mutual and exchange-traded funds saw outflows of $1.32 billion in the week ended Nov. 28, the third-biggest exodus this year, according to data from Lipper. Their junk bond counterparts also … Read more

Margin Debt and the Market: Down 6.25% MoM

by

via Jill Mislinski, Let’s examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the surrogate for the latter. The first chart shows the two series in real terms — adjusted for inflation to today’s dollar using the Consumer Price Index as the deflator. At the 1997 start … Read more

Weighing The Evidence For A Year-End Rally

by

by Dana Lyons Formerly lagging equal-weight indices are attempting a comeback — a development which would bolster the odds of a significant rally. This past summer, we began detecting signs of a thinning out of the U.S. equity rally, a trend which would eventually contribute to the recent market correction. One manifestation of that internal weakening … Read more

More late-cycle signs for the stock market, and what’s next for stocks

by

by Troy The S&P 500 is sitting right under its 200 day moving average right now. The stock market is demonstrating various late-cycle signs. These late-cycle signs are not immediately long term bearish, but it demonstrates that the long term winds will change in 2019. Let’s determine the stock market’s most probable direction by objectively … Read more

Scientists succeed at melting gold at room temperature

by

From Kitco: Heavy machinery and extreme heat are required to melt gold, but a group of scientists accidentally managed to melt gold at room temperature, making a new scientific breakthrough. All scientists know that gold’s melting point is 1,064.18 degrees Celsius, which is why an international group of scientists from Sweden and Finland was surprised when … Read more

Unstable Planet: Anchorage, Alaska Is Devastated By A Giant 7.0 Earthquake – Is The West Coast Next?

by

by Michael Snyder We just got more evidence that our planet is becoming increasingly unstable.  On Friday a magnitude 7.0 earthquake destroyed homes, ripped apart roads and destroyed infrastructure all throughout Anchorage, Alaska.  According to the USGS, the earthquake hit at 8:29 AM and the epicenter was approximately 7 miles north of Anchorage.  That quake was … Read more