On Wire

Breaking news, updates, and reports on current events.

Twitter Founder Jack Dorsey Says He Saw CNN ‘Create Conflict’ In Ferguson ‘And Film It’ ….. “I know this from being on the streets of Ferguson during the protests and watching them try to create conflict and film it …”

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Twitter co-founder and former CEO Jack Dorsey accused CNN Monday of creating conflict during the Ferguson riots for the media company and filming it. “I know this from being on the streets of Ferguson during the protests and watching them try to create conflict and film it causing the protestors to chant ‘f*ck CNN,’” tweeted … Read more

TOP PENTAGON OFFICIAL QUITS

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A top Pentagon official has resigned, issuing a warning about the ongoing technological races between the United States and its adversaries. Preston Dunlap, who spent more than three years as the founding chief architect officer for the Space Force, appears to have resigned this week, posting a lengthy note on LinkedIn detailing what he believes … Read more

Wow… Things are CLEARLY OUT OF CONTROL, inflation-wise, in Germany…. 31% PPI !!!

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GERMAN PPI 30.9% (Forecast 28.2%, Previous: 25.9%) Wow… can you stay "German stagflation". BTW… hyperinflation is defined as inflation rates exceeded 50%/month. So… while the @ecb is "safe" on that front, things are CLEARLY OUT OF CONTROL, inflation-wise, in Germany. pic.twitter.com/8HDC5XIpol — Gordon Johnson (@GordonJohnson19) April 20, 2022 https://twitter.com/VSoien/status/1516742414056280070 #Blistering https://t.co/Mlg8Y4Q5wO — Danielle DiMartino Booth … Read more

Don’t be fooled. This is the theme of the next few months.

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Don't be fooled. This is the theme of the next few months. https://t.co/09y4hXWVnF — IV (@iv_technicals) April 19, 2022 Momentum has a double fractal. The smaller fractal from January ended -25% lower at the one year neckline. This larger one has far greater downside potential. Potentially -50% or more. pic.twitter.com/4NZWey281m — Mac10 (@SuburbanDrone) April 20, … Read more

I-Bonds: At 7%, It’s Hard to Go Wrong

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By Michael Lebowitz Does a risk-free bond with a seven percent yield interest you? If so, read more about the red-headed stepchild of the bond world that is finally attracting investors. Series I Bonds (I-bonds) are bonds issued directly to the public by the Department of Treasury. Unlike most other bonds, I-bonds pay a coupon … Read more

This bubble fractal is not just $ARKK….

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This bubble fractal is not just $ARKK. It’s $KWEB and $SPAK and $IPO and so many other growth names that I warned with persistence last year that they would not see ATH again in 2022 let alone yrs – https://t.co/yEs0WqreGJ — Samantha LaDuc (@SamanthaLaDuc) April 20, 2022

Biden’s Education Dept will immediately wipe out out student loan debt for 40,000 borrowers

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President Joe Biden’s Education Department again moved to ease the burden of U.S. student loans on Tuesday, with the federal government claiming its latest reforms will wipe out debts for 40,000 such borrowers and bring 3.6 million Americans closer to ending their payments. Education Secretary Miguel Cardona called the current system a ‘life sentence’ for … Read more

Something is about to blow up…

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https://twitter.com/RetirementRight/status/1516544992956665859 Get ready for the supply chain issues to get 1000x worse… Shanghai covid lockdown: Ships just sitting there idle, without fuel, anchored in the sea, not able to pick up or drop off their loads. What's this going to do for supply chains that are already in trouble??? pic.twitter.com/baAG7RELZu — Rebecca Kerswell (@rebeccakerswell) April … Read more

Bond Market Crash of 2022

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Bond Market Crash of 2022 — Mike "Mish" Shedlock (@MishGEA) April 19, 2022 Gold Rising As Global Bonds Collapse (@TaviCosta) ➤ https://t.co/CFc73wQxhO#gold #bonds #yields #currencies pic.twitter.com/X2VYVVpcG7 — GoldBroker (@Goldbroker_com) April 19, 2022 CCC & lower effective yield keeps increasing underneath with reverse repo Fundamentals remain strong..lol pic.twitter.com/eVjOHDAyDY — Alessio (@AlessioTMAD) April 19, 2022

Another Thought on the Musk-Twitter Saga

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by Chris Black If the board refuse to sell to Musk at a price well above market value, could he sue the board of twitter as a shareholder for failing in its fiduciary responsibility to shareholder primacy (https://en.m.wikipedia.org/wiki/Shareholder_primacy)? I don’t know much about corporate law, but Dodge vs. Ford, 1919 (https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.) shows that such a … Read more