On Wire

Breaking news, updates, and reports on current events.

China Shows Signs of Saturation as Car Sales Maintain Protracted Plunge… Porsche Sales Are Down 20% in China, its Largest Market.

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#China Shows Signs of Saturation as Car Sales Maintain Protracted Plunge – China auto sales fall for the 10th straight month pic.twitter.com/8etNVmT972 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) April 9, 2019 Porsche delivers 55,700 vehicles in the first quarter The Cayenne recorded growth of 35 percent and was delivered 18,310 times. The new model has … Read more

Explainer: how banks fed Aramco bond frenzy: Record orders of $100bn for debut oil bond shine a light on Wall Street tactics

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by NineteenEighty9 https://www.ft.com/content/6c4d38c0-5ada-11e9-939a-341f5ada9d40 Saudi Aramco’s debut international bond sale drew $100bn of investor orders for the initial $10bn available to buy, smashing records for an emerging-market bond sale. How does that imbalance between orders and allocations happen, and what does it mean? How does a company issue a bond? In this case, JPMorgan and Morgan … Read more

$BA Boeing gets hit with a lawsuit from investors, alleging that boeing “effectively put profitability and growth ahead of airplane safety and honesty”

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“Boeing shareholders sue over 737 MAX crashes, disclosures” – http://www.reuters.com/article/us-ethiopia-airline-boeing-lawsuit/boeing-shareholders-sue-over-737-max-crashes-disclosures-idUSKCN1RL31D The lawsuit alleges that material information about the safety of 737 max planes was known by Boeing and not disclosed to investors. Is this just another nail in this specific safety coffin? Or is this what it looks like after the coffin is done being covered … Read more

Leading Cannabis Companies to Embrace Artificial Intelligence (AI) to Significantly Boost Global Sales

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According to a new report by CBM Capital, the Cannabis industry is set to embrace the contribution Artificial Intelligence (AI) is making on the global economy. By 2030, AI is set to contribute up to %15.7 trillion to the global economy according to PWC. Now, some of the global leaders in the Cannabis industry are … Read more

Pinterest sets IPO terms below last private valuation

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https://www.axios.com/pinterest-ipo-terms-private-valuation-430d186d-56d5-4a07-acc0-dda415b11734.html This company is going to get bulldozed by Instagram. Reminder that within the same days Pinterest officially filed to go public, Instagram conveniently leaked this upcoming feature: https://techcrunch.com/2019/02/22/instagram-make-collection-public/ Bazinga.     h/t panoramicsummer

Insulin Appears To Be Unaffordable

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by Chris   Tons of stories out there like these: Americans are dying because they can’t afford insulin Living with Type 1 Diabetes When You Can’t Afford Insulin Insulin is too expensive for many of my patients. It doesn’t have to be … https://www.washingtonpost.com/…/insulin…/c5091c42-56cf-11e7-a204-ad706461fa4f… Jun 22, 2017 – Some doctors are uncomfortable discussing costs with patients; … Read more

Diabetes Risk Factors

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by LesPhelps I find the World Health Organizatios pipublications less biased than the CDC, American Cancer Society, American Heart Association or AMA publications.  Perhaps they get less funding from US agriculture, food manufacturing and drug industries. Here’s a portion of their US diabetes chart, including the percent of people overweight and obese:  

Candace Owens: Biggest Scandal is Democrats Keeping Minorities ‘Perpetual Victims’

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We used to be a country where boys put away childish things and became men. Now a large segment never grows up, depends no daddy government handing out “free” shit, and “men” is a hate word. This is 6 minutes everyone here should watch: Congressional Democrats release “heavily edited” video of Candace Owens   h/t SuperCharged2000

Infrastructure or Pensions – States are Only Choosing One

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From Birch Gold Group There are currently two crises in the U.S. in need of attention: infrastructures and public pensions. Unfortunately, this twin crisis appears to have developed into an “either-or” crisis. According to a recent article at Barron’s, States will have to choose one or the other (emphasis ours): There is an infrastructure crisis in America. The U.S. earned … Read more

John Bolton Took Money From Banks Tied To Cartels, Terrorists, Iran

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by Disobedient Media On June 12, 2018 The Washington Post ran an overlooked story where they disclosed that National Security Advisor John Bolton had accepted money from the Victor Pinchuk Foundation, Deutsche Bank and HSBC to return for his participation in speeches and panel discussions. These three entities have been linked to various kinds of corruption including sanctions … Read more

Millennials for Socialism

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by Walter E. Williams If one needed evidence of the gross ignorance of millennials, and their teachers and college professors, it’s their solid support for socialism and socialist presidential candidate Sen. Bernie Sanders. Socialism has produced tragedy wherever it has been implemented. Last year marked the 40th anniversary of nearly 1,000 Americans perishing in a mass … Read more

American savers lost an estimated $500 billion due to low interest rates since the financial crisis

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via CNBC: One long-lasting impact from the crisis — caused in part by irresponsible bank behavior — is suppressed interest rates, Wells Fargo analyst Mike Mayo wrote. “It’s absolutely a wealth transfer from prudent savers to the borrowers and risk takers,” Mayo said. American savers have lost $500 billion to $600 billion in interest payments … Read more

Martin Armstrong: What’s really driving stocks higher?

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Goldseek Radio, Released on 4/9/19 http://radio.goldseek.com/nuggets/armstrong.04.09.19.mp3 Click Here to Listen to the Interview The dialogue includes an overview of the Presidential Cycle and US stock market performance. Stock indexes could climb to record highs if history acts as a guide amid fresh foreign capital inflows. Global investors seek out the key shares with big media … Read more

Bob Moriarty: We Are At An Extreme Of Emotion Right Now In Global Stock Markets

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via energyandgold: Bob Moriarty, founder of 321gold, is not one to be shy about what he thinks. In this month’s conversation Bob lays out why he thinks global equity indices are on the verge of rolling over after reaching a bullish sentiment extreme. We also delve into the Miramont mess of a couple weeks ago and why he is … Read more

Should The Fed (The Private Central Bank Of The US) Be Labeled A “Terrorist Organization”?

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via silverdoctors: Editor’s Note: This post is subjective opinion, and it will offend most readers. *** Hmm. I’m confused. Maybe you can help me out? You see, something disturbed me yesterday, and I can’t get it out of my head. Would it be wrong for serial rapists to teach Sex Ed in American public high schools? … Read more