On Wire

Breaking news, updates, and reports on current events.

It fascinates me is how one side or the other wants you to believe that their party isn’t corrupt

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by HolyCitation   CBS 60 Minutes on the Elite Worldwide Pedophile Network. [30:00] https://www.youtube.com/watch?v=eRrSnHTZVDQ ‘Shocking’ scale of Catholic Church sex crimes revealed. More than 1,250 Catholic priests accused of child sex abuse in Australia with few allegations pursued in cover-up drive. https://www.aljazeera.com/news/2017/02/scale-catholic-church-sex-crimes-revealed-170206135244774.html More than 300 Catholic priests across Pennsylvania sexually abused children over seven decades, protected by a … Read more

WHY IS OBAMACARE ENROLLMENT DOWN?

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WONDERS THE NYT. Turns out it’s expensive, there are better alternatives, people don’t like it, and it isn’t mandatory anymore. via NYT: More than halfway through the sign-up period for Obamacare health plans, fewer people have enrolled in coverage than during the same stretch last year. Enrollment through the federal website Healthcare.gov, which manages insurance marketplaces … Read more

Sometimes, Rioting Is All That’s Left

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by Chris The JFK quote comes to mind as I read Macron’s many statements about how he’s allegedly sympathetic to  the people in the streets, but the violence has no place in France and cannot be condoned! Maybe this is just the inevitable condition that Rome eventually ends in, and the technocrats and bureaucrats simply … Read more

I Read The News So You Don’t Have To – Market News (Dec. 11, 2018)

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by ogordained UNITED STATES Futures are up this morning following a call between the Chinese Vice Premier and the U.S. Treasury Secretary Job openings are near record highs, passing seven million openings Manufacturing, Hotel, & Restaurant workers are all in high demand Small Business Sentiment continues to improve  A congressional committee will grill Google’s CEO Sundar Pichai The decline of shopping malls has been a boon … Read more

2019 is going to be more destabilizing, markets are already positioned well below the FOMC dots

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Markets are already positioned well below the #FOMC dots. via @SoberLook pic.twitter.com/iweCWoToE9 — Taylor-Swift Yield Spread (@TayTayLLP) December 6, 2018 The futures market is now pricing in less than 20 basis points of rate hikes next year. https://t.co/5LoOrY5Tb3 via @SoberLook pic.twitter.com/6qPVHlhXf5 — Jesse Felder (@jessefelder) December 10, 2018 All European sectors puke….2019 is going to … Read more

Hong Kong tops global list for super-rich home buyers… Cities where $25M homes are standard

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Super expensive Hong Kong tops the global list for super-rich home buyers The world’s super-rich collectively spent $6.6 billion in a recent 12-month period on homes worth $25 million or more, according to new research by Knight Frank, the global real estate consultancy firm. The ultra-wealthy bought these residences in cities around the world, but Hong Kong … Read more

Panic Is Off The Charts, No Escape & No Deals

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Deep state pushes their agenda by trying to push the idea that Trump used campaign funds to pay off people, this happened before running and it was Cohen who did this. Comey, Schipp and Brennan and the rest of the gang are in complete panic. Protests (yellow vests) are spreading around the world. Macron tries … Read more

The Rise And Fall Of Netflix: Here Are 5 Reasons Why Netflix Stock Is Crashing As The Company Heads For Oblivion

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by Michael Snyder Netflix originally had a truly disruptive business model and they fundamentally changed the way that Americans consume media, but now they are heading for the same fate as Blockbuster.  For years, Netflix was really the only game in town, but now content costs are spiraling out of control and new competitors with … Read more

“Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “The authorities should prepare contingency plans.” The big four banks are too exposed to mortgages. Even if the banks don’t topple, the economy will get hit hard. In its latest report on Australia, the OECD focuses to a disturbing extend on housing, household debt, what the current housing downturn might do … Read more

The Prelude To A Global Reset? New Lows In Smart Money Flow Index, Yield On Deutsche Bank Coco Bond Explodes, Financial Conditions In The Eurozone Crashed….

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https://twitter.com/OccupyWisdom/status/1072279752772341760 https://twitter.com/OccupyWisdom/status/1072255320645427200 Oops! Yield on Deutsche Bank Coco Bond jumps above 12%, highest since 2016. pic.twitter.com/NcpAmrMB0K — Holger Zschaepitz (@Schuldensuehner) December 10, 2018 TROUBLE for this weeks ECB meeting. Financial conditions in the Eurozone have dropped to lowest since 2016. pic.twitter.com/I7RnyUAp6g — Holger Zschaepitz (@Schuldensuehner) December 10, 2018 South Korea exports of semiconductors are now … Read more

Tesla Bond Conversion Update:

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via @Paul_M_Huettner: 2019 Bonds: 107.859 (7.859% premium) $5mm traded today $TSLA Stock: $365.15 (1.468% premium) Reminder: $TSLA will pay based on previous 20 day VWAP formula. Payout is currently at $990.42 so conversion now makes ZERO sense. Quick update to this with the help of @GatorInvestor. The observation period to determine conversion value after 12/1/18 is … Read more