On Wire

Breaking news, updates, and reports on current events.

You will soon be able to trade alongside Congress.

by

These ETFs will allow following of Congressional trades as they become available. Please see the whole filing below. Follow along with @SubversiveCap for more ETFs incoming. Link to read entire Prospectus: https://t.co/oRL6vsxkPk — unusual_whales (@unusual_whales) September 16, 2022

AI filling in for worker shortage…

by

A SUPERMARKET is testing a futuristic way for shoppers to check out after a shopping trip and the new “Fast Scan” technology will reportedly save customers an unbelievable amount of time. An H-E-B shopper, Christoken Johnson, shared a photo of the store’s speedy alternative checkout pilot at an H-E-B plus! in Schertz, Texas. “All you … Read more

With all of the late cycle indicators flashing red, this is still a very complacent environment

by

by BoatSurfer600 It’s clear now in hindsight with all of the late cycle indicators flashing red, that the pandemic was not a true bear market. It was merely the pullback prior to the final melt-up of the post-Lehman rally. A massive sugar rally fueled by unprecedented stimulus If you think everyone is buying puts just look … Read more

President Biden not only continued Trump’s trade war with China, he escalated it. The most recent battle is over chips.

by

H/T Chad P. Bown @ChadBown "Unless political relations between the United States and China improve—something neither side, especially China, shows any interest in—the energy sector may be a harbinger of things to come for agriculture and manufacturing." — Mike "Mish" Shedlock (@MishGEA) September 16, 2022 Me First Biden escalated Trump's America First policy China continues … Read more

This chart shows how bad things are in Europe.

by

This chart shows how bad things are in Europe. Orange: Eurozone Trade Balance (collapsing)Blue: EUR-USD (inverted) When a currency weakens, the trade balance improves. Unfortunately, in the case of #Europe, we are witnessing the #Euro falling and a trade balance collapsing. pic.twitter.com/ij9Q825Isu — Michael Nicoletos (@mnicoletos) September 16, 2022

Bank run in Lebanon. Some banks held up by the depositors. (video)

by

BEIRUT — Lebanese depositors, including one armed with a hunting rifle, broke into at least five banks on Friday to demand their trapped savings, a sign of growing chaos in the small Mediterranean nation amid a historic economic meltdown. Friday’s raids were the most in a single day, and raised the possibility that more desperate depositors … Read more

White House ‘Nutrition Advisor’ Claims Lucky Charms Are Healthier Than Chicken

by

  Dr. Dariush Mozaffarian — Joe Biden’s new Public Health© nutrition advisor — claims Lucky Charms© are healthier than fresh meat. Via Dariush’s criminally stupid “Food Compass©”: Source: Nature Journal Soak in the idiocy: per the rankings, Honey Nut Cheerios© is a healthy alternative to a boiled egg. Almond M&Ms© is a superior nutritional choice to ground beef. … Read more

WARNING SIGN: MAJOR CRASH IMMINENT

by

Estimated GDP by Atlanta Fed CRASHES 1 FULL POINT This Week! Both the Atlanta Fed and the Blue Chip Consensus have taken deep dives in the past several days. And in an unusual turn, the Blue Chip Consensus has been running below the Atlanta Fed all quarter; in previous quarters, it was usually higher than … Read more

Klobuchar: ‘Democracy Relies’ on Passing Zombie Media Cartel Bill, THE JCPA this is big and buried deep in all sources

by

Sen. Amy Klobuchar (D-MN) said on Thursday that democracy relies on passing the controversial Journalism Competition and Preservation Act (JCPA). Senate Judiciary Committee Chairman Dick Durbin (D-IL) said on Thursday that the bill will be “held over” as Klobuchar and Sen. John Kennedy (R-LA) hash out disagreements over content moderation provisions in the bill. “I’m … Read more