On Wire

Breaking news, updates, and reports on current events.

Reporter asks Trump About Epstein, He Turns Around and Gives Reporter EVEN BETTER Question

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https://www.youtube.com/watch?v=ja6u8AE7iHE Paris Wade from Political Entertainment Network reports, President Donald Trump was asked questions about whether he “really believed” that the Clinton’s had arranged for Epstein to be killed. He had tweeted an unproven claim after the 66-year-old’s suicide at his Manhattan prison. Read More/Source/Credit/FairUse: https://www.politicalentertainmentnet…

Trump DESTROYS Lib Reporter Who Asks About Illegal Immigrants on Food Stamps

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https://www.youtube.com/watch?v=EbCZUFO2qWk Paris Wade from Political Entertainment Network reports, President Donald Trump has now offered a defense of his new “public charge” policy that was unveiled on Monday. It immediately came under fire from immigration advocacy groups and lawsuits from Democrats. Read More/Source/Credit/FairUse: https://www.politicalentertainmentnet…

CUSTOMS COMPUTERS SHUT DOWN AIRPORTS SNARLED ACROSS USA

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NEW YORK — U.S. Customs and Border Protection computers are “back up and running” after an outage that snarled international arrivals, causing long lines at airports for travelers trying to enter the country. Major airports around the country said Friday afternoon that their customs systems were impacted, including John F. Kennedy Airport in New York, … Read more

This Is How Epstein Manipulated Vulnerable Young Girls (and How You Can Protect Your Children from Predators)

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by Daisy Luther This article contains content that some may find distressing. Jeffrey Epstein “was” apparently a serial molester of children. He had manipulation down to an art form, as many molesters do. He seemed to be an expert at figuring out a girl’s weak point, whether it was poverty, a deceased family member, or … Read more

Inverted Yield Curve Triggers Recession Warnings

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From Birch Gold Group On the morning of August 14, the yield curve between 2-year and 10-year treasuries inverted. The Fed swept this type of curve “under the rug” last year in favor of a version that examines shorter-term treasuries. Oddly enough, even the shorter-term version that the Fed still favors has been inverted for a longerperiod of time. In fact, it remains … Read more

DECLASSIFY has begun: Hillary Clinton collusion with the Chinese Government HRC was sending on purpose ALL HER EMAILS to a Chinese Govt front company – when Secretary of State and also after her tenure at the State Dept.

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via threadreaderapp: 1. DECLASSIFY has begun: Hillary Clinton collusion with the Chinese Government HRC was sending on purpose ALL HER EMAILS to a Chinese Govt front company – when Secretary of State and also after her tenure at the State Dept. . 2. HRC collusion with Chinese Govt: Sen. Grassley DECLASSIFIED document – just released last night 105 … Read more

Recession alert! Massive drop in US consumer sentiment for August – comes in well below estimates

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U.S. consumer sentiment falls to 92.1 in August, the lowest indicator readout since the start of 2019, according to data released Friday. Economists polled by Refinitiv expect the preliminary read on August consumer sentiment to reach 97, down from 98.4 in July. The August losses span all index components, according to the report. U.S. consumer … Read more

Which Countries Have the Most Wealth Per Capita?

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by visualcapitalist Our animated chart this week uses data from the ninth Credit Suisse Global Wealth report, which ranks countries by average wealth, calculated as gross assets per adult citizen. While using such a metric certainly gives a quick snapshot of wealth per capita, it doesn’t necessarily show the complete picture. Some argue, for example, that calculating … Read more

The market meltdown

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by Steve John Exter’s Inverted Pyramid and the frenzy to take on risk when the wealth effect is strong and flee risk during uncertain times.  When the herd changes direction, Katy bar the door!

Housing Bubble 2 in San Francisco Bay Area & Silicon Valley Pops Despite Startup Millionaires & Low Mortgage Rates

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter House prices dropped again – and ironically the most in San Francisco and Silicon Valley. In the San Francisco Bay Area overall, house prices dropped again in July compared to July last year. They dropped in eight of the nine counties on a year-over-year basis: Silicon Valley (Santa Clara and San … Read more

Luxury Market Chaos: The Global Mansion Bust Has Begun

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via Zerohedge: Global real estate consultancy firm Knight Frank LLP has warned that the global synchronized decline in growth coupled with an escalating trade war has heavily weighed on luxury home prices in London, New York, and Hong Kong. According to Knight Frank’s quarterly index of luxury homes across 46 major cities, prices expanded at an anemic … Read more

Gold Nears Record Highs In Euros as Deutsche Falls To New Record Low Showing Bank Contagion Risk

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by GoldCore 16, August * Gold has consolidated on recent gains this week and has crept higher in all major currencies (see LBMA prices below) and is nearing all time record nominal highs in euros * Deutsche bank’s new record low at €5.80 underscores German and European banking contagion risk * FTSE 100 opens slightly … Read more

Corporate debt: $10 trillion, 47% of GDP

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As of the end of the first quarter of 2019, nonfinancial corporate debt was nearly $10 trillion, which is almost 47% of GDP, the highest it has been since data has been available. … The figure above shows total corporate bond and syndicated loan issuance since 2014. Total debt issuance via these two types of … Read more