On Wire

Breaking news, updates, and reports on current events.

Euro zone recession is coming…

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Euro zone recession is coming. Germany's new export orders (blue) are falling again after a brief rebound in late 2022. The recent bout of market optimism on Europe will turn out to have been an illusion. Heightened uncertainty breeds recession. War breeds heightened uncertainty. pic.twitter.com/3FI5QPJQ5l — Robin Brooks (@robin_j_brooks) February 21, 2023

Mass Casualty Incident Rocks Ohio Town

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One person has died and at least 13 people have been injured following a large explosion at a metal manufacturing plant in Bedford, Ohio. Ambulances were pictured on the scene of I. Schumann & Co., which makes brass and bronze alloys. It’s unclear what caused the explosion, which happened around 2.15pm Monday. One person was … Read more

The 10Y is on its way to 5.5% and will trigger massive panic among investors. Investors, who were previously willing to invest at any cost, will now sell at any price.

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https://twitter.com/NorthmanTrader/status/1628002851266887680 https://twitter.com/MFHoz/status/1628071379307225088 Bulls, I know what you're thinking – worst breadth since the lows, must be oversold. Not. You have to repeat third grade. pic.twitter.com/z3FteVVv2e — Mac10 (@SuburbanDrone) February 21, 2023 How to know you are in a bear market rally: 1) Unprofitable tech leads the way 2) While real rates are rising, pushing risk … Read more

US Treasury 10Y Yield Up 8.5 Basis Points To 3.91% As Expectations of Fed Rate Hikes Escalate To 5.23% By June 2023 FOMC Meeting

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by confoundedinterest17 It is the start to a trading week after yesterday’s pause for President’s Day. And with a new start, we see the US Treasury 10-year yield jump 8.5 basis points to 3.9%. Bankrate’s 30-year mortgage rate is up to 6.83% and the implied Fed Funds Target rate at the June 2023 Fed Open Market … Read more

Coal Train Derails Gothenburg Nebraska, Hazmat Team Dispatched.

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🚨#BREAKING: A Hazmat crew is being dispatched to the scene of a Union Pacific coal train derailment 📌#Gothenburg | #Nebraska⁰⁰Law enforcement and a Hazmat team have been dispatched to the site of a Union Pacific coal train derailment east of Gothenburg, Nebraska this morning… pic.twitter.com/PWYZGGmPNv — R A W S A L E R T … Read more

Explosion and fire at industrial facility in Medley Florida

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🚨#BREAKING: Firefighters are battling a massive fire at an industrial facility by an explosion, resulting in multiple casualties and fatalities.⁰📌#Medley | #Florida ⁰⁰Right now, firefighters are fighting a huge blaze in an industrial building in Medley, Florida, which is… pic.twitter.com/jqql3n0Gni — R A W S A L E R T S (@rawsalerts) February 21, 2023 … Read more

Russia suspends key nuclear treaty with US

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Moscow is suspending its participation in the last remaining nuclear treaty between Russia and the US, President Vladimir Putin has announced. During his key address to the Russian Parliament on Tuesday, he noted that Moscow will not exit the New Start Treaty, but is temporarily withdrawing. Explaining the decision, Putin noted that the agreement was … Read more

Mish Shedlock: Environment Police Want to Reduce Car Ownership Because EVs Are Not Enough

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A consortium of California university professors and the Climate Community project say that more EVs alone will not solve the climate crisis. They are coming after your car. Please consider Achieving Zero Emissions with More Mobility and Less Mining. A crucial aspect of electrified transportation is new demand for metals, and specifically the most nonreplaceable metal for … Read more

Brain implant startup backed by Bezos and Gates is testing mind-controlled computing on humans

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In a Brooklyn lab stuffed with 3D printers and a makeshift pickleball court, employees at a brain interface startup called Synchron are working on technology designed to transform daily life for people with paralysis. The Synchron Switch is implanted through the blood vessels to allow people with no or very limited physical mobility to operate … Read more

Biden is going to pay for Ukrainian pensions by taking money out of US pensions

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https://twitter.com/repthomasmassie/status/1627001461858045953?s=46&t=fsMrGu-kqvua5ga1j2z77w He’s giving the money away and will then blame the republicans on why they can’t fund programs. Republicans will get blamed for not raising the debt ceiling because that’s what MSM will do. They are already attacking the Fair Tax Act which will SAVE EVERY AMERICAN MONEY! But people won’t do their own research … Read more