On Wire

Breaking news, updates, and reports on current events.

Record high: 1 in 4 U.S. adults had no sex in a year

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by Dr. Eowyn Something interesting is happening in America. Fox News reports, March 30, 2019, that the latest data from the General Social Survey found that the number of American adults who said they have not had sex in the past year hit a record high in 2018 — 23% or nearly 1 in 4 adults. The phenomenon is especially notable among young men. … Read more

Incredible Viral Video Showing Monkey Intelligently Swiping Through Photos On Instagram Just Like A Human Does

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by Geoffrey Grider There’s a video going viral this week of a chimpanzee idly scrolling an Instagram feed on a smartphone. It flicks through the feed, selects a photo or video, takes it in, and then goes back to the feed. Yeah, this is cute and funny and all that, but should we really be laughing at it? … Read more

Jim Rickards: The Fight For 2020 Has Begun And The Impact On Markets Will Be Profound

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by Jim Rickards via Daily Reckoning The focus of the anti-Trump forces has shifted. Trump was not removed from office as his opponents had hoped. And the long-awaited Mueller report on “collusion” by Trump with Russia has turned out to be an anticlimax showing no collusion. In fact, Trump is on track to complete a mainly successful first … Read more

From Your Funds To The Contents Of That Safety Deposit Box: NOTHING In The Bank Is Yours

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Will Lehr interviewed on Reluctant Preppers “Safe as Money in the Bank?” Thanks to the carefully managed facade of solidity and stability, you are likely to believe that what you deposited into your bank account or safe deposit box belongs to you….but does it? What if you found out that the official rules have been steadily … Read more

This was a low-quality GDP report. All one-offs – lower imports, higher inventories & Pentagon spending.

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This was a low-quality GDP report. All one-offs – lower imports, higher inventories & Pentagon spending. Real final private sales a puny 1.3%. Removing more lipstick from this pig shows cyclically-adjusted GDP contracting at a 2% annual rate; deepest decline in nearly a decade . — David Rosenberg (@EconguyRosie) April 26, 2019 The GDP Report … Read more

How Google Is Helping The US Government Violate Your Privacy

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Authored by Derrick Broze via The Mind Unleashed blog, A new court filing argues that Google is helping the U.S. government circumvent Fourth Amendment protections in order to conduct warrantless searches. The Electronic Privacy Information Center (EPIC) has formally accused Google of scanning billions of personal files of users at the request of the U.S. … Read more

US Government Spending On Colleges Is Already Higher Than In The Countries With “Free” College”

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Authored by Ryan McMaken via The Mises Institute, Presidential candidates Bernie Sanders and Elizabeth Warren have both come out in favor in “free” public colleges and universities. The scheme could be funded, as CNN describes it, by “drastic increase in federal spending on higher education.” Much of the rhetoric around swirling around this issue relies on the idea that … Read more

Visualizing the Ranking of 100 Common Careers

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by visualcapitalist If you’re like most Americans, you probably spend more than 40 hours a week on the job. For this reason, your career of choice plays a big role in determining your overall well-being. Not only does your profession have a massive influence on the potential money you make, but it also impacts your stress, … Read more

Crude Oil Could Be Peaking Here, Impacting Stocks

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by Kimble Charting Crude Oil and the S&P 500 peaked last fall together and bottomed at the same time in December. Could they both be peaking together again this week? Joe Friday suggests keeping a close eye on the Crude Oil pattern this week. Crude and the S&P both created topping patterns at each (1), then both fell over … Read more

FITTON:BIG: Obama Implicated in Clinton Email. FBI admits, under oath, they found her emails in Executive Office of the President — of Barack Obama.

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by TFittonJW Big beyond belief — FBI also admits 49k Clinton emails on Weiner laptop: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-admits-hillary-clinton-emails-found-in-obama-white-house/ Great Inside Judicial Watch discussion: And was high energy with Lou Dobbs last night: #DTS– @TomFitton: @JudicialWatch has uncovered 5 classified emails Hillary tried to destroy. The FBI has evidence documenting the "Clinton Cover-up Operation.” The Russia probe began … Read more

Critical Macro Warning Signals Lining Up Today… Kevin Smith & Tavi Costa – We Believe We’re In The Early Stages Of A Bear Market

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Record valuations and leverage alone do not make a market top. Add macro timing: -Faltering consumer confidence-Liquidity drying up-Negative economic surprises-EPS growth deceleration-Yield curve inversions-Extreme VIX short-China shocks to comehttps://t.co/9DrQo35QlK — Kevin C. Smith, CFA (@crescatkevin) April 26, 2019 The recipe for a hard landing: Historical global debt imbalances.Record overvalued assets prices.Faith in central banks … Read more