On Wire

Breaking news, updates, and reports on current events.

Why Is There a Mass Exodus Happening In America? Where Are They Going and Why…

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For More Information See and Links See: http://theeconomiccollapseblog.com/ar… https://census.gov/content/dam/Census… https://www.businessinsider.com/faste… https://www.wsj.com/articles/new-york-citys-population-dips-for-first-time-in-over-a-decade-11555560060?mc_cid=0bb7748b2e&mc_eid=d1f5987f83 https://www.chicagobusiness.com/news/chicago-still-losing-population?mc_cid=0bb7748b2e&mc_eid=d1f5987f83 https://www.chicagobusiness.com/news/chicago-still-losing-population?mc_cid=0bb7748b2e&mc_eid=d1f5987f83    

Stock-Market Margin Debt, after Plunging in Q4, Has Not Bounced Back Despite S&P 500 Historic Surge

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Leery investors? During the ugliest October in the stock market that anyone could remember, a nasty November, and a brutal pre-Christmas December, margin debt plunged by $94 billion, the deepest three-month plunge since Q4 2008, after Lehman Brothers filed for bankruptcy. That’s how it usually happens, whether out of fear or forced … Read more

Cut the Price and They Will Come: New House Prices Drop to December 2014 Level

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So Sales Finally Tick Up. Home builders, the ultimate pros in the housing market, have figured out something after the malaise in the second half last year: Cut prices and buyers will come. The median selling price of new houses dropped 9.7% in March from March last year to $302,700, the Commerce … Read more

Common Drugs Increase Risk of Dementia

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Common Drugs Increase Risk of Dementia Disease can occur up to 20 years after exposure https://www.aarp.org/health/drugs-supple…-risk.html ( i believe it because all prescription drugs have side effects) A common class of drugs known as anticholinergics, used to treat a number of illnesses such as depression and Parkinson’s disease, may also increase a patient’s risk of dementia … Read more

John Williams of ShadowStats made a somber pronouncement

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via lewrockwell: I’ve excerpted some quotes from economist John Williams’ most recent economic commentary No. 983-B (ShadowStats.com) which is of interest to every American.  It predicts financial authorities will make a formal admission that the economy is in a state of collapse and in recession on or around September 2019.  Williams made this prediction in 2004!  … Read more

Absolutely incredibly bullish?

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probably not good pic.twitter.com/DQBRe2A4CM — Alastair (@StockBoardAsset) April 23, 2019 What great shape the US economy is in. Condo sales plunged 5.3% in March and by 11.5% on a YoY basis to 540,000 units at an annual rate. This is the lowest sales tally since July 2012! Consider that this level is comparable to what … Read more

US Federal Grants Going to Pot (Research)

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by DataBaker This “dashboard” was created through a combination of R code (to clean the data) and Tableau (to create all of the visualizations). The data are freely available at http://www.usaspending.gov. For this analysis, I utilized the Keyword Search, searched for “cannabis”, and downloaded the results. USAspending is the US government’s official repository of ALL federal spending … Read more

Survey: Lack of Financial Literacy Growing Up Means Lower Incomes, Less Savings

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https://www.thepennyhoarder.com/smart-money/financial-literacy/ We aren’t talking about money growing up and it’s a systemic problem. When I was in college and financially independent, I racked up literally all of my student loans the first two years because I thought I was supposed to use all of the loan money they gave me. The last two years I … Read more

Twitter Q1 2019 Earnings Highlights

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by hyousef333   Operating income of $94 million and operating margin of 12%. Average monetizable DAU (mDAU) was 134 million in Q1, up 11% year-over-year. Total revenue was $787 million in Q1, an increase of 18%, or 20% on a constant currency basis. Total US revenue was $432 million, an increase of 25%. Total international … Read more

Are we on the road to a US $100 oil price?

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by Shaun Richards As Easter ends – and one which was simply glorious in London – those of us reacquainting ourselves with financial markets will see one particular change. That is the price of crude oil as the Financial Times explains. Crude rose to a five-month high on Tuesday, as Washington’s decision to end sanctions … Read more