On Wire

by jessefelder There are a lot of different ways to analyze markets; fundamental and technical analysis are two of the most popular. Certainly, assessing the likely future path for corporate earnings and studying price patterns and momentum are both worthwhile if not crucial to successful investing. Fundamentals tell a story about trends in the business … Read more

by Ron Paul of Ron Paul Institute for Peace and Prosperity Last week Congress passed a continuing resolution and then adjourned until after the election. When Congress reconvenes, it will almost certainly pass a multi-billion dollars aid package for those impacted by Hurricane Ian. This spending will likely be labeled “emergency,” so Congress members will not even have … Read more

‘Crypto network SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after an eight-month trial period. The experiment, which looked at different technologies and currencies, involved France and Germany’s central banks as well as worldwide lenders like HSBC, Standard Chartered and UBS. It examined how CBDCs could be widely … Read more

Food prices are rising at one of the fastest rates among consumer goods in Australia. Costs of fruit and vegetables rose 18.6% in August compared to a year ago, according to the latest update by the Australian Bureau of Statistics. Australia, like many countries, is battling record-high inflation. Annual inflation in August has risen to … Read more

by BoatSurfer600  

by BoatSurfer600 Source: https://fortune.com/2022/10/03/how-to-get-stimulus-check-california-inflation-relief/

The Biden administration accused the OPEC+ exporting cartel of siding with Russia — and announced the release of still more oil from America’s Strategic Petroleum Reserve — after the group agreed to snub US outreach and collectively reduce production. OPEC+, led by Saudi Arabian Prince Abdulaziz bin Salman, said it would collectively reduce output by … Read more

PAY WITH YOUR PALM 🔺️ pic.twitter.com/PsIgCAjT7V — nikola 3 (@ronin19217435) October 6, 2022

View post on imgur.com h/t NaturalOrder

by silvertomars Look at the inverse relationship between assets and interest rates… add QE to that as well in recent years… as inflation remains more sticky than the market thought, we are on a path to price discovery for bonds… this will set the price of other assets… or Fed prints and people starve… 4) … Read more

Washington, D.C. Democrats green-lit a bill Tuesday that would give residents, regardless of immigration status, the right to vote in local elections. The measure was advanced by a vote of 12-1 and will go for a final vote before heading to Mayor Muriel Bowser’s desk. https://townhall.com/tipsheet/leahbarkoukis/2022/10/05/dc-dems-greenlight-plan-to-allowing-illegal-immigrants-right-to-vote-n2614012  

by Boo_Randy The UK just pulled ahead of the US by a nose in our race to become a full-fledged banana republic. https://www.dailymail.co.uk/news/article-11285371/UK-Government-debt-outlook-cut-stable-NEGATIVE.html A top US credit rating agency has lowered its outlook for British government debt from stable to negative after new Prime Minister Liz Truss announced a crash programme of debt-fuelled tax cuts. The firm Fitch announced … Read more

MORE – Nplate, the drug HHS intends to buy, is produced by Amgen. It is a subcutaneous powder for injection. 125 mcg (for one injection) is around $1,195. — Disclose.tv (@disclosetv) October 5, 2022

(Bloomberg) — One giant options transaction may have sparked the S&P 500’s bounce on Wednesday, according to Wells Fargo & Co. The trade, which involved buying and selling call options tied to the index at a cost of around $31 million, probably helped fuel a recovery that saw the benchmark gauge erase a 1.8% decline, … Read more

"She was in the car that crashed!" Glad that Vice President @KamalaHarris and everyone else is ok. How did this happen? Is there a training issue at the Secret Service? https://t.co/R3puyUNIlX — Tom Fitton (@TomFitton) October 6, 2022