On Wire
Breaking news, updates, and reports on current events.
Musk to Close Twitter Deal Friday
JUST IN – Elon Musk informs bankers that he intends to close the Twitter deal on Friday — Bloomberg — Disclose.tv (@disclosetv) October 25, 2022
A Fed Pivot Won’t Fix Anything… Stocks Will Fall Another 30%
By Graham Summers, MBA The financial markets are now experiencing their 3rd “the Fed is about to pivot” delusion. Ever since the Fed started tightening monetary policy in March 2022, the financial media and social media have been abuzz with claims that the Fed will eventually “pivot,” meaning that the Fed will abandon its tightening … Read more
Fed Is Losing Billions, Wiping Out Profits That Funded Spending (Agency MBS Prices Falling While Duration And Convexity Soar)
by confoundedinterest17 As I told my Chicago, Ohio State and George Mason University finance and real estate students, repeatedly, “Watch out when The Fed begins to tighten monetary policy. It will be a bloodbath for taxpayers.” Well, here we are. I argue that Biden’ green energy knucklehead policies are driving inflation, or it could be the … Read more
Since Google is a private company should it be allowed to remove search results for GOP candidates and politicians while promoting search results for their Democrat opponents? Google is suppressing a dozen GOP candidates should this be considered a campaign contribution by the FEC?
via foxnews: Google is manipulating search engine results to harm Republicans in critical Senate races, according to the Media Research Center. The MRC is calling on Google to “stop its war on democracy” and “provide algorithmic transparency” after the media watchdog’s Free Speech America initiative analyzed the 12 races identified by Real Clear Politics as important to watch. … Read more
Twitter Employees Beg For Mercy
“Elon Musk’s plan to lay off 75% of Twitter workers will hurt Twitter’s ability to serve the public conversation,” the letter says. “A threat of this magnitude is reckless, undermines our users’ and customers’ trust in our platform, and is a transparent act of worker intimidation. We cannot do our work in an environment of … Read more
Jim Bianco: No indication that this yield rise is going to stop because good news is bad news
CNBC, Released on 10/24/22 Jim Bianco of Bianco Research breaks down the market action. Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades … Read more
Ted absolutely crushed the clowns over at The View
Ted absolutely crushed the clowns over at The View https://t.co/pfnXZJX8km — Donald Trump Jr. (@DonaldJTrumpJr) October 24, 2022 The IQ difference in this discussion is hilarious. pic.twitter.com/3VXj313C6V — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) October 24, 2022
The corrupt German government want to sell one Germany’s major infrastructures to China
by mOfN81 https://www.dw.com/en/germany-close-to-compromise-on-chinese-bid-for-port-terminal-reports/a-63547949 The MSM in Germany is trying to pretend that the corrupt government’s goal was not to “sell a larger part” of Hamburg Port to China.. IMHO the government aimed at the 35% ownership that is now being discussed as a deal that might come through, and the MSM tries to make it … Read more
Hans Niemann files massive $100,000,000 lawsuit against the world chess champion and Chess.com
He’s claiming they’ve impugned his character with defamatory statements that have gone worldwide. https://youtu.be/tnIT32Z-STo AC
‘The Real Housewives of Politics’ – Another lame leftist social engineering agenda
The left are trying to redefine the occupation of ‘housewife’. According to them, no longer is it a full time occupation but another empty and meaningless existence. I don’t follow the ‘Real Housewives’ series but from what I’ve garnered – it’s a bunch of mentally unstable, narcissistic women who fiddle away their empty lives with … Read more
CROWN PRINCE MOCKS BIDEN AS MENTALLY CHALLENGED AMID CRASHING US-SAUDI RELATIONS
Just when you thought the Saudis couldn’t humiliate the Biden administration any more, the Wall Street Journal reports that Crown Prince Mohammed bin Salman is reportedly talking massive trash about the US president behind closed doors. Saudi Crown Prince Mohammed bin Salman, the kingdom’s 37-year-old day-to-day ruler, mocks President Biden in private, making fun of … Read more
100 Dutch schools forced to serve insects
The Netherlands has become a testing ground for the globalist Great Reset being pursued by the World Economic Forum. In the process, people’s diets are being switched to insects. After most farmers in the Netherlands were officially ruined by suspect “nitrate laws”, insects are currently being introduced in schools. https://twitter.com/BernieSpofforth/status/1581376587391700992 … In Australia, over 1000 … Read more
The Cry of a Stone Cold Hero
By LV What happened to me? I stand alone in the corner of a cold warehouse. The inscribed plinth that I once proudly stood upon is gone. My sculptured body is covered with cobwebs that no one bothers to remove. For over a century, visitors would gather around and look up to me. To them … Read more
CRISPY CRIST: Governor DeSantis ZINGS Charlie Crist at Debate: “The Only Worn-Out Old Donkey I’m looking to Put Out to Pasture is Charlie Crist.”
DeSantis: "I know that Charlie's interested in talking about 2024 and Joe Biden, but I just what to make things very, very clear. The only worn out old donkey I'm looking to put out to pasture is Charlie Crist." pic.twitter.com/BzaQ9wTV8h — Washington Free Beacon (@FreeBeacon) October 24, 2022
DICTATORSHIP IN DISGUISE: AUTHORITARIAN MONSTERS WREAK HAVOC ON OUR FREEDOMS
“You see them on the street. You watch them on TV. You might even vote for one this fall. You think they’re people just like you. You’re wrong. Dead wrong.” — They Live We’re living in two worlds. There’s the world we see (or are made to see) and then there’s the one we sense … Read more
“We’re seeing delinquencies rise before the layoff cycle begins”
Also, why did Bernanke believe QE couldn’t commence without first getting to 0 in fed funds? @dampedspring — S. Boz (@marketrundown) October 25, 2022 https://twitter.com/WallStreetSilv/status/1584639330773274624 When US housing starts become housing stops… As we head toward an all but inevitable recession due to restrictive monetary policy, inflation, and a credit cycle clearly at its end, … Read more
Adidas cuts ties with Kanye
The company said it would take a “short-term” hit of €250m (£217m) to its income for this year after deciding to stop the brand’s business with immediate effect German company may announce it is severing ties on Tuesday Adidas has been under pressure after antisemitic remarks by Ye Adidas would join Gap Inc. and Kering SA’s … Read more
Blackhawks! Where Interest Rates Are Headed In One Chart (Fed Blackhawks Versus Doves)
by confoundedinterest17 The Federal Reserve’s DOTS PLOT shows where each Fed official’s projection for the central bank’s key short-term interest rate is headed. As of the September 21, 2022 Fed Open Market Committee (FOMC) meeting, the prediction of future Fed target rates is decidedly DOWNWARD SLOPING. The Fed hawks, those that want to tighten monetary policy, … Read more
If the US is to pivot on interest-rates it will be mortgage rates than did it
by Shaun Richards There have been 2 major economic themes so far this year. The first is the rise in inflation and hence the cost of living and the second has been the rise and indeed rise of the US Dollar. These are linked in so many ways as for us in the rest of … Read more