On Wire

Breaking news, updates, and reports on current events.

Article 13 and EU Copyright Law explained: This is how Europe will destroy the Internet

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by Migmag360 ” The new EU copyright law is going to have drastic affects on the freedom and openness of the Internet. Beyond banning memes, Article 13 of the European Copyright Directive 2018 will result in automated surveillance and centralized control of the Internet. The directive makes online platforms liable for the content generated by … Read more

UK Socialized Medicine Fail 30,000 Dead Due To Record Long Hospital Waiting Times

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by Natura Naturans The figures should be a wake-up call to the government and the socialists in the United States. Socialized medicine is designed to fail. No amount of additional government will fix it either. The UK insists that it’s chronic underfunding in social care and a mounting staffing crisis is creating dangerous pressures in hospitals. … Read more

The Top Earning Celebrities, Dead and Alive

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by visualcapitalist Wealth does not always follow fame, but when properly monetized, stardom can be a powerful tool for building a fortune. The act of turning one’s self into a marketing machine is epitomized by 21-year-old Kylie Jenner, who was the fourth highest earning celebrity in 2018. Leveraging her massive social media following, Jenner has turned … Read more

Doug Noland: Central Banks Are “Hostages Of Market Bubbles”

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by John Rubino Doug Noland’s weekly Credit Bubble Bulletin is always required reading. The latest – befitting the amazing things that have happened lately – is more necessary than usual. But at 10,000 words it’s also a lot longer than usual. So while everyone should definitely read the whole thing, here are some excerpts to get you started: I … Read more

Very worrying signals when a moderate slowdown leads the central bank to change 180 degrees its normalization path.

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A strong economy does not need the Fed to revise rate and balance sheet strategy. Very worrying signals when a moderate slowdown leads the central bank to change 180 degrees its normalization path. pic.twitter.com/JwwmZOupKD — Daniel Lacalle (@dlacalle_IA) February 16, 2019 https://twitter.com/AndysCycles/status/1096800802893524994 Extremely overbought with worse fundamentals. Massive downside here. More than in Oct/Dec of … Read more

The Incredible Shrinking Singapore Stock Market

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his more than two-decade career as a capital-markets lawyer in Singapore, he’d helped more than 30 companies list on the country’s stock exchange, bringing to market everything from a grocery store chain to a pawnbroker. Business had been good, but it was starting to dry up. Lee decided he had to get out. “I saw … Read more

Jeffrey Gundlach interview – Corporate debt is the biggest risk

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DoubleLine Capital CEO Jeffrey Gundlach joined Yahoo Finance’s The Final Round on Wednesday, February 13 to talk about Fed policy, the state of the economy, risks facing the markets, and developments in American politics ahead of the 2020 elections. https://finance.yahoo.com/news/jeffrey-gundlach-interview-yahoo-finance-transcript-195148936.html

Stocks don’t do well when monthly retail sales less food service are down 1.5% or more. The average S&P 500 return in the next year is -11.03%.

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via upfina: The December retail sales report was so terrible that it implies a recession is coming soon if the data is accurate. There’s always a chance the data is incorrect because these results are revised. This time there is a cloud over the report because the government was shutdown for part of December. There isn’t … Read more

China’s housing glut casts pall over the economy

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“A building binge leaves cities with 65 million empty apartments” TOKYO/HONG KONG — For many single men in China, buying an apartment is a prerequisite for marriage. Yan Zhong, a 34-year-old resident of the northern city of Jinan, has hopes to do both. But lately, he has started to have second thoughts — at least about … Read more

BIDEN IN EUROPE: AMERICA TODAY IS ‘AN EMBARRASSMENT’

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Former Vice President Joe Biden told a European audience Saturday that America under the current administration is “an embarrassment.” President Obama’s vice president focused his criticism on the United State’s family detention policy, global warming policy, and the Trump Administration’s stricter limits on political refugees. The comments came at the Munich Security Conference, where the … Read more

Occasional Cortex taking MAJOR heat for Amazon debacle…. She is dangerously ignorant, hurting Democrats

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best comment in on the video “and she’s only been in office 6 weeks” think of all the damage she is gonna do She thinks she gets to keep the 3 billion in tax subsidies NY offered Amazon.   Ocasio-Cortez Is Dangerously Ignorant, Hurting Democrats. Her repeated gaffes and protests against Democrat plans is extremely … Read more