On Wire

Bear market rallies do a splendid job convincing bears to cover and bulls to go long, right before we dump to new lows. — Markets & Mayhem (@Mayhem4Markets) July 23, 2022 https://twitter.com/WallStreetSilv/status/1551184412427034624 Chart of JPM represents smart money going long VIX calls with strikes higher than 40, they bet on capitulation of the dumb money … Read more

BA.2.75 'Centaurus' Covid variant causing concern due to 'number of mutations' and potential for severe effects « This could mean that it has had the chance to evolve an advantage over an already successful virus lineage » https://t.co/CU6lFApSzd — Jess (@MeetJess) July 21, 2022 New Centaurus Covid variant spreads to Australia Experts say it’s more transmissible than … Read more

“I am a Celsius customer with a little over $15k worth of deposits that are locked up in Celsius. $15k may not mean a lot to some people, but it is about 65% or my life savings…. Losing all of my savings will have irreparable consequences on the well-being of myself…” “… and my family. … Read more

Pope Francis is asking young people to eat less meat in a bid to take better care of the environment. In a letter to participants at the EU Youth Conference in Prague this week, the Pope urged that we “break this self-destructive trend” of consumerism and prioritise sustainability. “It is urgent to reduce consumption not … Read more

Twitter says the anti-LGBTQ slur "groomer" is banned–but its enforcement is sorely lacking. My latest for @dailydot https://t.co/IWR3GrgXbi — Claire Goforth (@claire_goforth) July 21, 2022

The city of Kalamazoo, Michigan has now decriminalized public urination, defecation, and littering to be more “equitable.” Small business owners in the area had voiced their opposition to the effort, but their concerns were ignored. On Monday, July 18, the city commission unanimously voted to reduce the offenses from a misdemeanor to just a civil … Read more

9 and 3. The union drive began in Buffalo in August 2021. There were initially 9 stores that filed to unionize, but due to Starbucks’ objections, the NLRB forced 6 to withdraw. That left 3 stores seeking to join the newly created @SBWorkersUnited. https://t.co/KHElSBrmIj — More Perfect Union (@MorePerfectUS) July 22, 2022 263. Starbucks has … Read more

Elon Musk’s failed takeover of Twitter generated countless headlines the past few months and brought about a renewed debate over the role of free speech in social media. The one thing it didn’t generate however was the only thing that matters: results. Musk’s announcement that he is backing out of his high-stakes gamble came as … Read more

Roughly 40 percent of workers in the United States are contemplating quitting their current jobs in the next three to six months, according to a new report from the global management consulting firm, McKinsey and Co. The firm surveyed more than 13,000 people across the globe, including 6,294 Americans, between February and April, to find … Read more

During his appearance on “Fox News Sunday” earlier this week, Jared Bernstein, a White House economic adviser, played coy on the definition of a recession, trying to argue we’re not really in one. This narrative, it turns out, is a pattern. A Thursday report from Neil Irwin at Axios had a piece, “White House: Even … Read more

Well then…what will happen next? Read about his plan here: https://t.co/hpFUfjkVJ8 — Keean Bexte (@TheRealKeean) July 23, 2022 https://thecountersignal.com/trudeau-moves-forward-with-fertilizer-reduction-climate-policy/ QUOTE Trudeau has decided to move forward with his cap on nitrogen emissions by reducing fertilizer use even as provincial Agriculture Ministers beg him to stop. Trudeau moves forward with fertilizer reduction policy Trudeau moves forward … Read more

https://twitter.com/JodieAbacus/status/1550804429267402753 h/t Dan

China’s economic woes are facing more pressures from within the real estate sector and “frustrations” in the banking industry.”China’s economy has been slowing for quite some time,” Craig Singleton, a fellow at the nonpartisan Foundation for Defense of Democracies said.”What we’re witnessing now is a rapid economic slowdown.”GDP data indicated a sharp slowdown in Q2, … Read more

Supreme Court Justice Elena Kagan said Thursday the court could lose “legitimacy” if it loses “connection” with public opinion while speaking at a judicial conference in Montana. Kagan, making her first speaking appearance since the high court overturned Roe v. Wade in a landmark decision, said it would be “dangerous” if the court loses the … Read more

BlazeTV host Dave Rubin spoke with John Bachman on Newsmax about a new survey that reveals the alarming amount of information big tech is withholding from the American people — especially if that information comes from conservative content makers. According to the Media Research Center’s newly published study on the effects of “secondhand censorship” — … Read more

About 45 percent of small business owners in the United States are freezing the hiring of new workers because of high labor costs and skyrocketing inflation, according to the Alignable July Hiring Report. A competing survey came up with similar results, interviewing 4,739 small business owners, conducted from late June through mid-July. This is despite … Read more