On Wire
Breaking news, updates, and reports on current events.
David McAlvany: Adjusting Investment Themes to a Weaker Dollar
Jay Taylor Media, Released on 7/3/19 David McAlvany, President of the McAlvany Financial Companies, explains his view for a weaker dollar and how it affects the markets, gold and commodities.
Koch and Soros Team Up For World Peace! WTF?
SHOW NOTES: https://www.corbettreport.com/?p=31887 In case you haven’t heard, George Soros’ Open Society Foundation and the Charles Koch Foundation have teamed up to help launch a new Washington think tank. The Quincy Institute for Responsible Statecraft will be “an action-oriented think tank that will lay the foundation for a new foreign policy centered on diplomatic engagement … Read more
Seattle City Council now wants you to help solve their “housing crisis” with a backyard cottage
by DCG Imagine this: A liberal utopia that allows homeless criminals, drug addicts and the mentally ill to freely roam the streets with no consequences for their actions. You taxpayers have coughed up more than a BILLION dollars to help try and “solve” the homeless (now “housing”) crisis in King County. The results? As you’ve seen here, I’ve … Read more
Are various warning signs going off as the stock market reaches resistance?
by Troy The S&P has now pushed towards 3000 as various “warning signs” go off. Today’s headlines: NASDAQ’s quick recovery A new yield curve Smart Money Index Monthly RSI divergence New highs vs. new lows Round # resistance Go here to understand our fundamentals-driven long term outlook. For reference, here’s the random probability of the U.S. stock market … Read more
Will Chart Pattern Be Stock Market’s ‘Cup’ Of Tea?
by Dana Lyons The broad Russell 3000 Index is one of many indices and funds presently forming potential “Cup-&-Handle” formations on the charts; is the pattern the next bullish catalyst for the market? There are a lot of complex ways of analyzing the directional prospects for the stock market. Indeed, we ourselves have developed complex models … Read more
Nothing Is More Expensive Than A Free Government Service
Authored by Jeffrey Tucker via The American Institute for Economic Research, I’m listening to politicians hock their wares these days. The same ideas keep reappearing. Put them in charge and health care will be free. College education will be free. All life essentials will be free. Jobs will fall like manna from heaven. There will be … Read more
“I’ll tell you what is disrespectful – taking the ancient nation states of Europe and turning it into one country with its own anthem and flag, without ever asking for permission!” – Nigel Farage
Heard some say that Brexit MEPs were “disrespectful” today. I’ll tell you what is disrespectful — taking the ancient nation states of Europe and turning it into one country with its own anthem and flag, without ever asking for permission! pic.twitter.com/AthIAzVDgN — Nigel Farage MP (@Nigel_Farage) July 2, 2019
Three solid ideas to help you get started
by Simon Black In October of 2008, a plumber from Ohio named Joseph Wurzelbacher made national headlines when he confronted US Presidential Candidate (then Senator) Barack Obama at a campaign rally: “Your tax plan’s going to tax me more,” Joe told Senator Obama. The confrontation sparked a sensation, and Joe became known nationwide as “Joe the … Read more
FaceBook half down EXPOSES Object Recognition AI on our images!
Check it out, some sort of facial Recognition system, but then with entire images! A sort Object Recognition FaceBook AI…. Hmmm (Normally you do not see this, only exposed with FaceBook half down like it is today): #FaceBook is half down, #images not displaying fully, BUT, I see, I see, some secret #metadata?? — #facialRecognition … Read more
Illusory Fed “Talk” Appears to be Stimulating the Economy
From Birch Gold Group With recent talk about the Fed dropping rates and markets responding to that talk, it’s a good time to start asking questions. A good question to start with is how much has the Fed actually accomplished this year with its economic action? Is the Fed just talking a good game? The Fed hasn’t cut rates, yet. But … Read more
Foreign Investors Can Now Get In On China’s Energy Boom
By Haley Zaremba China’s state-run media giant Xinhua is reporting that the world’s second-largest economy will soon be deregulating and restructuring key sectors of its industry, including oil exploration and mining, in order to facilitate greater foreign investment in China. “In its new ‘special management measures’ addressing foreign investment,” reports by United Press International, Beijing’s reform … Read more
Japanese authorities have directed more than 1 million residents in parts of the southern main island of Kyushu to evacuate to designated shelter
Tokyo — Japanese authorities on Wednesday directed more than 1 million residents in parts of the southern main island of Kyushu to evacuate to designated shelters as heavy rains batter the region, prompting fears of landslides and widespread flooding. The Fire and Disaster Management Agency said the directive was issued in three southern prefectures. Directives … Read more
Gold Will Rise Even If The Fed Doesn’t Cut Interest Rates
From Brandon Smith There has been much speculation lately on the Federal Reserve and its ongoing tightening policy. If you were to only read mainstream economic news you would think the Fed had already reversed course and “capitulated”, but this is not the case. The Fed continues to hold interest rates at their neutral rate of … Read more
Bill O’Reilly EXPOSES Who Is Really Funding the Migrant Caravan Take Down the USA
by Think All by design!!! All part of the deep state new world order. Haters, traitors, losers and liars want the borders open, and everything American to disappear. Who wants guns out of the hands of Americans? Every politician who fights against Trump truth and transparency.
DOJ Inspector General’s Investigation COMPLETE, Report to Follow
Congressman John Ratcliffe (R-TX) says DOJ Inspector General Michael Horowitz has completed his investigation into alleged FISA abuses by the FBI. The lawmaker says he met with Horowitz last week to discuss the status of the investigation. “We talked about his report, the timing of his report, not the content,” Ratcliffe told Fox News’ Hannity … Read more
VIDEO: “The Media if Trump were a Democrat”
Using a combination of scientific research and learning A.I. algorithms, we were able to approximate President Trump’s media coverage if he were a Democrat
Two Charts Every “Profit Focused” Investor Needs to See Right Now
By The Phoenix You would do well to ignore the rally from yesterday. This is a holiday week. Trading volume is EXTREMELY light with most of Wall Street already on vacation. Those traders still at their desks are playing games with the futures market. That’s really it. There is nothing fundamental driving the rally, at … Read more
Tornado in China kills 6, injures 190
A tornado tore through a bustling city in northeastern China Wednesday evening, killing six and injuring at least 190. Images posted to social media show a large tornado tearing through Kaiyuan City in China’s Liaoning Province around 5:15 p.m. local time. The twister reportedly knocked out power and damaged buildings along its path, particularly in … Read more
Another indicator turning south, and this is a big one, as it’s the source of most consumer income
by WARREN MOSLER Another indicator turning south, and this is a big one, as it’s the source of most consumer income: Familiar pattern? As if rate cuts would help output, employment, or earnings, all of which are decelerating: Dow rises 100 points and heads for record close amid expectations for the Fed to lower rates … Read more