On Wire

Breaking news, updates, and reports on current events.

There is no way the smart money is going to return into the market in this environment

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Atlanta FED GDPnow estimate has fallen to 0% for Q2 There is no way the smart money is going to return into the market in this environment pic.twitter.com/NsC7kpzk3M — Alessio (@AlessioTMAD) June 15, 2022 The $50 Billion Leveraged Loan Buyout Challenge May Get Worse https://t.co/aVTZfkGWyV — Alessio (@AlessioTMAD) June 15, 2022 Largest rate hike in … Read more

Big short movie was just a joke compared to this…

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Just wait until house prices start to collapse Big short movie was just a joke compared to this https://t.co/FuNWxwQwBb — Alessio (@AlessioTMAD) June 15, 2022 US existing home months of supply trends 2008 has been a completely different environment In 08 we had: housing price affordability at the highest level and supply at record levels … Read more

Could Retail “Bagholders” Spark a Rally “Smart Money” Will Be Forced to Chase?

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by Charles Hugh-Smith There would be some deliciously karmic justice in the “dumb money” driving a rally that forced the “smart money” to cover their shorts and chase the rally that shouldn’t even be happening. Being cursed with contrarianism, as soon as a trade gets crowded and the consensus is one way, I start looking … Read more

Supply Chain Collapse! This Is An Emergency! Years Of Empty Shelves To Come?

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by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the continuing collapse of the supply chain as more factories burn down, wheat supply collapses and gas prices skyrocket, all while studies are warning about potentially YEARS of empty shelves in Britain. This is all part of the Great Reset agenda to force people into a digital … Read more

Energy sec Jennifer Granholm insists high gas prices are ‘a very compelling case’ to buy an electric car: and recently sold stock in electric car company

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Granholm, in a clip surfaced Tuesday, made the case for going electric amid sky high gas prices  ‘If you filled up your EV [electric vehicle] and you filled up your gas tank with gasoline, you would save $60 per fill-up,’ she said   Granholm made similar points in a White House press briefing in May 2021. ‘If … Read more

Biden will declare war on 300 ‘extreme MAGA laws’ nationwide

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Biden will attack ‘extreme MAGA laws’ on Wednesday afternoon when he signs executive order designed to roll back wave of anti-LGBTQI+ legislation The EO will seek to help transgender kids access healthcare and school support It also seeks an end to conversion therapy, calling on the Federal Trade Commission to consider issuing consumer warnings against … Read more

No way that cost only $350

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Biden administration proposes plan to have all Americans pay $350 to upgrade their furnaces so they are ‘energy efficient’ by 2029 The new rule would require that gas-burning residential furnaces be condensing gas furnaces Condensing furnaces which reuse gas and water vapor that normal noncondensing furnaces vent into the atmosphere  All gas-burning furnaces on the … Read more

California House passes “infanticide” bill legalizing the killing of newborn babies 7 days or more after birth

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by: Ethan Huff (Natural News) In a vote of 48-21, the Democrat-controlled Assembly in California voted to pass AB 2223, which pro-life advocates have dubbed “The Infanticide Bill” because it would allow newborn babies to legally die with no penalty or punishment for the mothers. A form of post-abortion murder, the legislation would shield a mother from … Read more

2000-2025, Hold My Beer

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by Chris Black We have been in a depression since the dotcom crash. Some of the greatest stock market rallies of all time, prior to the last decade of idiocy, were during the Great Depression. In my line of work, the average salary was $85k in 1997. Today it is $62k. 25 years have come … Read more

Another Cataclysmic Error Threatens To Plunge The U.S. Economy Into A Bottomless Abyss Of Pain And Suffering

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by Michael I can’t believe that they actually did it.  Even though it is painfully obvious that the U.S. economy is slowing down dramatically and that we are heading into an excruciating repeat of the housing crash of 2008, the Federal Reserve decided to go ahead with the largest interest rate hike in 28 years anyway.  History has shown … Read more

2022: SPX – Worst January EVER… BONDS – Worst YTD Since 1842…. Has Recession Arrived Already In The US?

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https://t.co/yhIwlQoUfo — Win Smart, CFA (@WinfieldSmart) May 16, 2022 Has #recession arrived already in the US? Atlanta Fed GDPNow Forecast point to another quarter with negative US growth. This following today's weak retail sales and Empire Manufacturing (source: @business ) pic.twitter.com/3c4qetsOB3 — Ole S Hansen (@Ole_S_Hansen) June 15, 2022 Atlanta Fed Slashes Q2 GDP Forecast … Read more

Embarrassing puff piece on Hillary the Great…

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In another world, she could have been in the White House on Friday 3 June, heading into the final third of a two-term presidency. Instead she was in Colmans, a chippy in South Shields on Ocean’s Road, a weathered North Sea boulevard half an hour east of Newcastle. Hillary Clinton – the first female senator for New … Read more

Wash Post can’t be happy about this…

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A scientific survey confirms that a majority oppose including biological men in women’s sports and breaks the Left’s narrative that those who do so are “transphobic.” The Washington Post-University of Maryland poll found that while many people personally know someone who identifies as transgender and say greater social acceptance of transgender people is good for society, many continue to oppose … Read more