On Wire

Breaking news, updates, and reports on current events.

Mike Maloney Video: “I Found a New Recession Indicator That Says LOOK OUT BELOW!”

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by Jeff Clark, Senior Precious Metals Analyst, GoldSilver   Mike Maloney was excited. It was our weekly company meeting, and he interrupted it to tell us all about a new recession indicator he’d just discovered. In fact, he said it is “one of the most reliable indicators of a pending recession I have ever come across.” … Read more

History showing pauses in rate hikes are an acknowledgment of a slowing business/profit cycle

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"We are near the period where the Fed attempts to persuade Wall St. all is well despite history showing pauses in rate hikes are an acknowledgment of a slowing business/profit cycle," h/t @CoryLVenable pic.twitter.com/W1PJkaJinW — Alastair (@StockBoardAsset) November 28, 2018 SocGen: Earnings momentum has rolled over pic.twitter.com/QhO6yhztgq — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 28, … Read more

Flip Flop Fed: 2 Months Ago, Rates “A Long Way” From Neutral; Same Rates Now “Just Below” Neutral

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It’s difficult to take Jerome Powell’s jawboning about an independent Fed unaffected by either Trump’s ongoing verbal assault or the markets’ recent declines when he supposedly, suddenly, sees an entirely different economic reality than he did two months ago. Fed Chair Powell says gradual rate path is designed to balance risks from CNBC.   via … Read more

BOOM: JUDGE JUDY highest paid TV host, earned $147 million last year… BUST: New Home Sales Collapse 8.9%, Far Worse Than Expected

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The World’s Highest-Paid TV Hosts 2018: Judge Judy Presides With $147 Million For the first year ever, Judy Sheindlin—more commonly known as Judge Judy—reigns supreme not only in her own courtroom, but also across all of television. Pocketing $147 million pretax last year, Sheindlin is the highest-paid television host, outearning all others. “Many people, as … Read more

The Economic Calamity Underway

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By Bob Shanahan There are a number of growing storm clouds overhead. The U.S. economy is undergoing the beginning of a calamity that will only accelerate into 2019 when the rain will start to fall on what will be a very cold winter, likely worse than 2008.   Red lights have been flashing in our … Read more

Visualizing the Most Innovative Companies in 2018

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by howmuch “Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.” So said Mark Zuckerberg, back when Facebook was still growing rapidly and not engulfed in so many public problems. Zuckerberg meant that innovation is messy, and as it turns out, expensive. PwC’s 2018 Global Innovation Study analyzed the top 1,000 companies spending … Read more

Artificially low rates hide a lot of sins, for a while.

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Artificially low rates hide a lot of sins, for a while. pic.twitter.com/O2Mi2rOZom — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) November 27, 2018 https://twitter.com/OccupyWisdom/status/1067800291674923009 the trend…. pic.twitter.com/aVB7n2lOuS — M/1_LP (@MI_Investments) November 28, 2018 For the first time since May 2016200MA> 50MA on the NASDAQ – death cross#NASDAQ $amzn $aapl $fb $tsla $NFLX pic.twitter.com/FNZZ1VbM8I — Amit Noam … Read more

Glenn Greenwald on the Manafort/Assange story: “There are a lot more reasons than the valid ones to be “cautious” about the Guardian story. For now, I’ll say: The Guardian & Luke Harding better hope this story pans out – and it might – because that’s a huge, huge thing to print without being sure.”

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by axolotl_peyotl Green Greenwald states the obvious with this Tweet. It’s unconscionable that the Mockingbird MSM is more interested in publishing “hit” pieces and capitalizing on clickbait trends than publishing actual, verifiable news. The evolution of the Guardian’s report yesterday on the alleged meeting between Manafort and Assange is the perfect example of this speculation-masquerading-as-news. Will the real … Read more

Ron Paul: Government doesn’t know what what should be created in the marketplace. Subsidies are all political. End all government subsidies.

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I’d recommend everyone check out his books, End The Fed, Revolution: A Manifesto, and Liberty Defined. These books really opened up my eyes and his recommendations at the end of the books lead me to studying free-market economics. I read Mises, read Hayek, read Hazlitt, and never went back.   AC

John Grace – Black Friday Credit Boom

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from Financial Survival Network John Grace joins us again… Black Friday – Retailers earn 40% of their sales in this short holiday season time frame. And many of us never cast a shadow in the doorway of a store. We shop online. Seeing the pictures of Black Friday, with people pressed up against the outside of store … Read more