On Wire

Breaking news, updates, and reports on current events.

Probabilities of Recession calculated from the Yield Curve

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🚧Probabilities of Recession calculated from the Yield Curve, via @zerohedge tks 2 @Analyst_G @ThePitBoss16 @TradersCom @Lizardjb3 @OccupyWisdom @hks55 @SpeculaThor @Analyst_G @mgftzgd @LordPolemos @CoryLVenable @Simple_Trends @PMack1224 @scar_david @ezkappdo @mcm_ct @EconGlobal pic.twitter.com/kdGSWrsDjK — Antonio PĂ©rez-AlgĂĄs (@apanalis) March 29, 2019 Nearly the lowest growth rate of the cycle pic.twitter.com/6Et9yutev8 — Eric Basmajian (@EPBResearch) March 29, 2019 Buffett on … Read more

Let’s put together the meaning of softer US growth in Q4 2018 & abysmal trade/IP data in Asia in Q1 2019 & implications.

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via @Trinhnomics: We know: a) Asian trade were gang-buster up until Nov 2018 b/c of US demand & front-loading; b) But Asian trade & IP started to lose steam rapidly in 2019 As the US is the largest economy in the world & also the largest customer for China (& key for other countries), what Asian … Read more

Hillary’s Team USED GMAIL To Get Subpoenaed Emails to FBI. Some were SECRET… Autist Primary Source Investigation.

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by shortadamlewis Original research from FBI FOIA dump here. https://vault.fbi.gov/hillary-r.-clinton/Hillary%20R.%20Clinton%20Part%2001%20of%2030/view Page 17. In the process of getting emails subpoenaed by the FBI as possibly being classified, Hillary’s team transferred their emails to the FBI in part by using GMAIL… The stupidity is astounding… and there are 30 PDFs of this… Hillary’s emails were subpoenaed by the FBI … Read more

China Is Burning Books Again

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The year is 1925, and Shanghai is in flux. Communists, Nationalists, and Triad gangsters are all fighting for control of this vice-laden city, and one “preeminent bon vivant,” Victor Sassoon, is fighting to keep evil at bay. Almost a century later, however, on China’s south coast, Sassoon is burnt to a crisp, a victim of … Read more

ANALYSIS: WHY BRITISH FREEDOMS & FUTURES DEMAND THAT MAY’S WITHDRAWAL DEAL MUST BE REJECTED AGAIN

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by John Ward  We are beginning to separate the wheat from the chaff when it comes to the term ‘Brexiteer’. Only Francois, Cash, Redwood, Hoey and a handful of others still deserve the monniker. The Prime Minister’s “deal” will produce fractious EU trade, continuing obeisance to EU Law, loss of military independence, potentially endless Stage2 trade … Read more

Kim Fox basically admitting that evidence said he was guilty but still let him go anyway

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by Upupabove “Do you consider him guilty?” State’s Attorney Kim Foxx is questioned by ABC 7 Chicago on why the charges were dropped against Jussie Smollett. She hesitates to answer. It was revealed through a FOIA that she privately communicated w/his friend & family. pic.twitter.com/VfeJPHazqQ — Andy Ngo (@MrAndyNgo) March 28, 2019 Video with Kim Fox … Read more

EVERY LEFTY “BENEFIT” IS ALSO INTENDED TO SERVE AS A TOOL FOR CONTROL: How Universal Basic Income Could Be Used to Suppress Free Speech.

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via fee.org: Fears of job loss through automation have fueled advocacy for a Universal Basic Income (UBI) in recent years. Now that presidential candidate Andrew Yang has qualified for the first Democratic presidential debate, we can be confident that UBI will be a popular topic in the race for the presidency. Advocates for UBI describe it as … Read more

ITALY: Senate pass new law that makes it legal for Italians to shoot burglars

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“It’s a very beautiful day — finally, Italians’ sacrosanct right to legitimate self-defence has been confirmed,” said Salvini, who also serves as deputy prime minister. “From today, miscreants will know it will be more difficult to be a burglar in Italy — it will become a still more dangerous undertaking,”Salvini said after the senate passed the … Read more

IF IT MOVES, TAX IT. IF IT KEEPS MOVING, TAX IT. IF IT STOPS MOVING, TAX IT SOME MORE.

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Proposed NY Real Estate Tax Called ‘Disaster’ for Already Lagging Market. The “pied-Ă -terre” tax, part of Democratic state lawmakers’ budget proposals, would target out of state residents and some New Yorkers who buy property valued at over $5 million. Mayor Bill de Blasio and Gov. Andrew Cuomo support the tax. State senator Brad Hoylman, a … Read more

Democrat’s Ridiculous Bullsh*t

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President Donald Trump calls out the Democrats for "defrauding the public with ridiculous bullshit" pic.twitter.com/zsAhbThuo3 — Ryan Saavedra (@RyanSaavedra) March 28, 2019   Has anyone noticed social media has suddenly backed off a lot of the censorship? I think they may be trying to attempt the let them eat their own plan Republicans used. The … Read more

Surely no quarter-end padding here!…Global stocks rallying as quarter comes to a close

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by QuantalyticsResearch US Stocks Preview Ahead of the Open Global stocks are rallying, surely not because investors are bidding up stocks to pad the performance of their portfolios for the first quarter, but on optimism a trade deal will get done US stocks index futures are higher this morning pre-market as quarter-end approaches, with front-month Dow Jones minis +0.41%, S&P 500 … Read more

Yet Another Reason Why Qualified Immunity Should Be Abolished

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California Cops Who Allegedly Stole Over $225,000 Can’t Be Sued, Federal Court Rules. Two businessmen who claimed they were robbed of more than $225,000 by police in Fresno, California during an investigation into illegal gambling saw their civil rights lawsuit dismissed last week, when the U.S. Ninth Circuit Court of Appeals ruled it was “not obvious” that … Read more

What In The World Is Going On?

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by Dennis Miller Is the British government going to ignore the will of their citizens and not leave the EU? The EU’s immigration policies are sparking political backlash and citizens are taking to the streets. In January, Bloomberg reported, “Mario Draghi Sounds Economic Alarm for the Euro-Area”, citing persistence of geopolitical uncertainties. What in the world is … Read more