On Wire

Breaking news, updates, and reports on current events.

Markets Are Cheering Christine Lagarde’s Appointment To The ECB (And That’s TROUBLE)

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by Daniel Lacalle via Mises Wire The appointment of Christine Lagarde as president of the ECB has been greeted with euphoria by financial markets. That reaction in itself should be a warning signal. When risky assets soar in the middle of a huge bubble due to a central bank appointment, the supervising entity should be concerned. Lagarde is … Read more

Beto REVEALS His SECRET WEAPON To Win 2020, SECONDS LATER America Laughs In His Face

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https://www.youtube.com/watch?v=PPjZj3f3x-g David Krayden from the Daily Caller reports, Democratic presidential candidate Beto O’Rourke acknowledged Sunday that he, along with his wife Amy, are the descendants of slaveholders. O’Rourke shared the news on Twitter in the context of how he had been discussing the legacy of slavery in town hall meetings. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/07/15/be…  

BOOM! Top Hillary Aide Just Threw Her Under the Bus by her Cankles!

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https://www.youtube.com/watch?v=rtDaKls97b0 William Davis from The Daily Caller reports, A former top aide to 2016 Democratic presidential nominee Hillary Clinton said Thursday she would “ankle dive at the door” to prevent her former boss from ever running for president again. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/07/12/hi…    

Another American Dies in the Dominican Republic After Drinking A Soda, “Didn’t Taste Right” …

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ester’s sister told her mother that he “just dropped to his knees and started throwing up blood, and was calling for Mama,” Moore said. Several hours later, he purportedly passed away. In a separate interview with WSB-TV, Moore said that her son had drunk a soda and had told her that it didn’t “taste right.” … Read more

New Windows 7 ‘security-only’ update installs telemetry/snooping

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via computerworld: Three years ago, Microsoft promised to keep Win7 and 8.1 updated with two tracks of patches – Monthly Rollups that include everything and “security-only” patches that are supposed to be limited to security fixes. Guess what just happened. Back in October 2016, Microsoft divided the Win7 and 8.1 patching worldsinto two parts. Those who got … Read more

Burack: Who Is Buying Up the Toxic Mortgaged Backed Securities (MBS) That The Fed Is Selling?

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Wall St. For Main St., Released on 7/16/19 The Fed is still doing QT and just dumped a record amount of mortgaged backed securities (MBS) of $30 billion dollars in a single month. But who’s buying the toxic MBS? Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the … Read more

Earnings May Surprise The Stock Market – Watch Out!

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by Chris Vermeulen of The Technical Traders I believe the outcome of the past 6+ months with regards to global trade, currency devaluations, and consumer sentiment will result in weaker US earnings in Q2 than at any time over the past 3+ years.  We believe US stocks, after recently breaching key psychological price levels ($300 SPY and $3000 … Read more

House Presenting Articles of Impeachment for Trump

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On the heals of the successful resolution condemning Trump’s tweets, the Dems are now presenting Articles of Impeachment for “high misdemeanors”. Happened around 7PM Eastern. (Jump to 3:46:15 in the video) Presented by Al Green (D-TX) Full text of resolution here:   Here’s the full text of the resolution: Madam speaker, pursuant to clause 2-a-1 of … Read more

Epstein had Austrian issued passport w/ Saudi address; Claimed to be bounty hunter for African Warlords

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via lawandcrime: Why did the wealthy and connected accused child sex-trafficker Jeffrey Epstein have a fake passport that listed his address as Saudi Arabia? The detail came out on Monday in a federal courtroom, where federal prosecutors said they had been made aware that a safe in Epstein Upper East Side townhouse contained a passport; the passport had a … Read more

Could A Deutsche Bank Collapse Crash The Markets?

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by Dave Kranzler of Investment Research Dynamics “I don’t think it’s any coincidence that gold runs from $1285 to as high as $1445 around the time that all the news about Deutsche Bank started coming out” [the failure to merge with Commerzbank followed by the “good bank / bad bank” split announcement]. Deutsche Bank is being prevented from … Read more

The Rise of Insanity

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by northmantrader Everybody is trampling all over themselves to raise bullish targets. $SPX 3,300, $SPX 3,350, $SPX 3500, do I hear Dow 31,500? Yes I am. The big driver of course the Fed and central banks cutting rates again to save the global economy. And amid all the hype and excitement you see headlines like this: Bullish U.S. … Read more

Is Copper Showing Us Where the Market is Heading?

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By The Phoenix As I keep stating, a top is forming. Stocks are tired after weeks of promises and promotions by Fed officials and the Trump administration that something BIG is coming. At this point there is little if any real buyers. It’s only by multiple interventions per day that the market hasn’t broken down. … Read more

Is the Gang of Four Trying to Start Race Wars?

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by Martin Armstrong U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.), Rep. Ilhan Omar (D-Minn.), Rep. Ayanna Pressley (D-Mass.), and Rep. Rashida Tlaib (D-Mich.) held a news conference on Monday to respond to President Donald Trump who targeted the women in tweets and comments, which of course people claimed were racist since you cannot attack what they say … Read more

U.S. & Euro Financials Lagging Big Time! Should Stock Bulls Be Concerned?

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by Kimble Charting Historically its been positive to see Financials doing well at the same time the broad market is pushing higher! If financial stocks are lagging bit time, should stock bulls be concerned? This chart compares banks and in the U.S. (XLF) & Europe (EUFN) to the S&P 500 over the past 18-months. Currently, XLF is lagging the S&P by … Read more