On Wire
Breaking news, updates, and reports on current events.
CNN is overjoyed with the recent developments at Facebook! FURIOUS over Trump’s defense of Paul Joseph Watson
CNN FURIOUS Over Trump’s Defense Of Paul Joseph Watson. Following Trump’s defense of Paul Joseph Watson after facebook banned him, CNN reporter Oliver Darcy tweeted in outrage over the actions of the president. In a story he wrote on CNN he published overt and obvious fake news lies from Facebook about how they take action. … Read more
Free Speech Crackdown
https://twitter.com/JackPosobiec/status/1124473610435989504
Never Hurts To Ring The Cash Register
by Lance Roberts Market Update & Review Never Hurts To Ring The Cash Register Portfolio Management Guidelines Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud,Seeking Alpha Market Update & Review Fortunately, the market rallied on Friday as traders scrambled to hold important support levels following confirmation from Richard Clarida that the Fed … Read more
I just Gave Facebook A Piece Of My Mind
So, I get on Facebook for my daily check of family and friends post, which is about all I use it for, and I see that they want me to take a survey. Boy, I’m sure they will regret that. So, the first question was what they could do to improve. I told them their … Read more
This self promotional BS is stomach turning & stuff you see at tops
COMPLETE 2 MINUTE EDIT: This self promotional BS is stomach turning & stuff you see at tops – remember a Irving Fisher on Oct 16, 1929 “stocks have reached "what looks like a permanently high plateau."” and watch this pic.twitter.com/zG3hGJH9al — mcm-ct.com (@mcm_ct) May 4, 2019 Reminder THIS IS WHAT @WhiteHouse is PUMPING and PANICKING … Read more
Fed’s QE Unwind Continues at Full Speed in April
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Fed sheds $46 Billion, Total QE Unwind Reaches $580 Billion. Assets drop to lowest level since Nov 2013. In April, total assets on the Fed’s balance sheet fell by $46 billion, as of the balance sheet for the week ended May 1, released Thursday afternoon. This drop reduced the assets to $3,890 billion, … Read more
Toyota, Softbank take $20M bet on company that produces 30mph e-bike
https://techcrunch.com/2019/05/01/a-30-mph-e-bike-to-compete-with-cars-in-cities-investors-just-bet-20-million-on-it/ Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micromobility market, given its promise. Among them: Bond Mobility, a three-year-old Palo Alto, Calif. and Zurich, Switzerland-based startup that says its “high-performance” dockless electric bikes will leave e-scooters … Read more
More Airline Woes: Avianca Brazil Gets Dismembered, Korea’s Asiana Airlines Gets Taxpayer Bailout, Air India Gets Rumors of Default
It Just Doesn’t Let Up With Airlines. By MC01, a frequent commenter, for WOLF STREET: Here’s an example of what should happen to an airline which has become unprofitable and failed to turn around its financial situation. On May 7, the assets of Avianca Brazil, formerly Brazil’s third-largest airline, will be auctioned off to pay creditors. To streamline … Read more
If you were to spend $4,525,267.15 (4.5 M) per day. Everyday. Since the day Julius Caesar was born. You wouldn’t have spent the amount of money spent conducting share buybacks for the last 9 years.
https://twitter.com/OccupyWisdom/status/1124139832916238336
UST10Y dives on jobs report
UST10Y dives on jobs report pic.twitter.com/LjU0pSLLd2 — Alastair (@StockBoardAsset) May 3, 2019 Manufacturing diffusion index down. Incomes down. Workweek down. Household survey employment down. Full-time jobs down. Participation rate down. This was not a strong report beyond the headline. — David Rosenberg (@EconguyRosie) May 3, 2019 Fresh chart @EPBResearch just sent me — AWH + … Read more
Global PMIs weakened again in April, trade volumes down for 2 consecutive quarters
Global PMIs weakened again in April (still above 50) pic.twitter.com/nZYLwvcY23 — Daniel Lacalle (@dlacalle_IA) May 3, 2019 Global trade volumes down for 2 consecutive Qs now (worst since GFC)@nationalbank pic.twitter.com/1z5SIjVLwI — Liz Ann Sonders (@LizAnnSonders) May 3, 2019 https://twitter.com/RVAnalysis/status/1124127026871332864 China: It’s That the Stimulus Doesn’t Work It’s not between boosting the economy and deleveraging. It’s … Read more
SURVEY: One In Four Seniors Wish They Had Taken This Basic Financial Advice Sooner In Life
via Lexington Law Survey: One in Four Seniors Wish They Had Taken This Basic Financial Advice Sooner The philosophy “live life with no regrets” can help people embrace the present instead of ruminating about the past or worrying about the future. However, there’s a caveat that you should be able to healthily move forward and learn … Read more
Why Your Gasoline Won’t Take You As Far As it Used To
By Robert Rapier Over the weekend, I saw a passing reference on Twitter to the declining energy content of gasoline. Intuitively I know this to be correct for reasons I discuss below. But the poster linked to data from the Energy Information Administration (EIA) that I hadn’t previously seen. The EIA doesn’t directly tabulate the energy … Read more
Donald J. Trump: “The real story is about to happen!”
When will the Radical Left Wing Media apologize to me for knowingly getting the Russia Collusion Delusion story so wrong? The real story is about to happen! Why is @nytimes, @washingtonpost, @CNN, @MSNBC allowed to be on Twitter & Facebook. Much of what they do is FAKE NEWS! — Donald J. Trump (@realDonaldTrump) May 4, … Read more
Is this amazing and WOW economy about to take a huge DUMP?
This Kudlow doing his best baghdad bob routine. He’s lying. Add FUEL and FOOD back into the inflation number and you’ll see it is through the roof! We're killing it on the economy! 🔥 pic.twitter.com/hme0eihP9c — The White House 45 Archived (@WhiteHouse45) May 3, 2019 Dallas Federal Reserve President Robert Kaplan joins CNBC’s Steve Liesman … Read more
Take a ride on the RussiaGate merry-go-round!
by Fabius Maximus Summary: We have been on the RussiaGate merry-go-round for almost three years, yet we still have more questions than answers. Let’s take a ride and look at the madness of Republicans and Democrats as they play with the few facts the Deep State has given us, frantically protecting their party’s interests. Here we … Read more
‘The Envy of the World’- Bloomberg Cites ‘the Endless Rally’
by Jesse “Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.” Richard M. Salsman “Ordinarily, the financial risk in a market, and hence the risk to the economy at large, is limited because the assets traded are finite. There … Read more
The persistency of this rally is similar to the dot-com bubble?
by Troy The stock market’s rally is extremely persistent to the point where it looks like every single -1% pullback is being bought. This is quite rare, and the last time we saw this was February 2000 (top of the dot-com bubble). Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most … Read more
Uncertain Future for Monetary Policy as POTUS Publicly Calls for Rate Cut While Fed Holds Steady
From Birch Gold Group On Tuesday, POTUS took to Twitter and called for the Fed to cut rates by 1%, pointing to 3.2% GDP growth and “wonderfully low inflation.” China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though … Read more