Navy brass-yes that goes all over the world- India last month on the 15th.
morning
BlackRock results beat expectations as assets grow to $8.68 trillion
BlackRock Inc’s, quarterly results topped analysts’ expectations on Thursday, buoyed by a rising stock market that boosted the firm’s assets under management to a record high $8.68 trillion, further widening its lead against peers. The firm drew $127 billion of total net inflows in the fourth quarter as investors poured money into its various business, including its exchange-traded funds, as well as active funds that aim to beat the market. Financial markets rallied in the fourth quarter, building on sharp gains of the prior two quarters, as accommodative global central bank policy and improving growth prospects helped lift investors’ risk appetite.
While rallying stock markets provided a powerful boost to BlackRock’s results, the profit report showed outsized growth in inflows at a time when the rest of the industry is expected to struggle with redemptions. BlackRock’s adjusted net income of $10.18 per share in the fourth quarter topped Wall Street estimates of $9.14, according to Refinitiv IBES data.
The asset manager raked in higher investment and advisory fees, a major source of revenue, through the quarter. BlackRock’s growing size and wide reach in financial markets across the globe have seen the asset manager become one of the most important firms in capital markets today.
When markets turned turbulent in early 2020, the U.S. Federal Reserve roped in BlackRock to run various vehicles the Fed created to buy corporate debt from the primary and secondary markets, thereby helping restore calm to markets. In February 2020, asset manager Franklin Resources Inc bought rival Legg Mason Inc in a $4.5 billion deal, and in December, Bloomberg reported U.S. custodian bank State Street Corp was exploring options for its asset management business.
On Thursday, BlackRock’s Fink said he is open to dealmaking as long as it is additive and not just to take out costs. In November, BlackRock said it would buy investment management services provider Aperio Group LLC for $1.05 billion in cash. BlackRock’s shares, which hit a record high on Wednesday, have risen 8.1% this year, compared with a 5.2% gain for a Thomson Reuters index that includes more than a dozen of BlackRock’s industry rivals in the United States. BlackRock’s shares were down 3.3% in early trading on Thursday.
BlackRock’s shares were trading at record highs as investors bet on the company benefiting from improving market conditions.
https://www.reuters.com/article/blackrock-results/update-3-blackrock-results-beat-expectations-as-assets-grow-to-8-68-trillion-idUSL4N2JP2YD
US Navy C-130 left NAS Jax on 0111 stopped at NAS Oceana then JBA and an overnight at Bangor MN
Depart to Rota NB Spain 0112 dor a 0113 arrival with a ground stop and depart se to Abu Dhabi
Looks like it is going to Al Dhafra AB
Nice catch over SA as usually these not visible once they "turn the corner" around Aqaba, Jordan
good morning!
Appreciate that and ty to everyone who helped muh situation.
Gulag kinda boring ya know?
CNV4561 US Navy Clipper also departed Shannon, Ireland
This AC departed Manama, Bahrain late yesterday
Got a few Globeys heading across the pond
RCH824 from Mildenhall and RCH103 RCH220 from Ramstein AFB
could be sumthing or not
Considering what is transpiring in front of us just about everything,save some trainer activity(s) could/can be something.
banks "earnings" start tomorrow.
JPM, Shitibank and Wells
Bank of ~~Italy~~ America on tuesday
Look for them to apply the loan-loss provisions they did not "need" to the bottom line as earned income.
Done that for years.
SAM561 USAF G5 (KAF AC of interdast tail #18-1942) departed JBA west
This AC departed MacDill AFB yesterday and was on a holding pattern off Florida prior to heading north back to JBA-cap #2
82-8000 USAF 747 continues over Atlantic City Int'l
SAM445 USAF G5 from Shannon should start it's descent to JBA soon
Facebook sold by Mark Zuckerberg: $94.17m since January 4, 2020
Continues to sell shares to fund this shit
https://www.finviz.com/insidertrading.ashx?oc=1548760&tc=7&b=2
Short Interest in World’s Biggest ETF (SPY) Plunges to Decade Lows
Bets against the world’s largest exchange-traded fund have plunged back to pre-pandemic levels seen about a year ago, before the onset of the fastest stock bear market in history.
Fueled by vaccine hopes and reflationary signals, short interest in the $334 billion SPDR S&P 500 ETF Trust (ticker SPY) now sits at just 2% of shares outstanding, according to IHS Markit Ltd. data. Barring melt-ups in 2017 and early 2020, these levels have rarely been seen over the past decade. Falling short interest generally indicates growing faith in a stock rally because it suggests holders are unwilling to lend out the shares they own or that demand to borrow and bet against them has dropped. Still, as speculative mania engulfs Wall Street from Tesla Inc. and Bitcoin to call options, vanishing shorts may be seen as yet-another sign of market complacency.
https://www.bloomberg.com/news/articles/2021-01-14/short-interest-in-world-s-biggest-etf-plunges-to-decade-lows
https://finance.yahoo.com/quote/%5EDJI
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
and you know wut that means-institutions are positioning for the ride on the short-bus.
'Cause they always tell you THIS is not the way to go (indirectly by releasing this data) because that is exactly wut they are doing.
BTW this is just what they want to show..
Been busy piling on the naked shorts for sure.
The three major indexes rose even after the Labor Department’s weekly jobless claims report showed that initial claims spiked to the highest level since August last week. However, some strategists have suggested that the recent deterioration in labor market data could further bolster the case for more fiscal stimulus.
MOAR debt!!!!!
Just put it on the card….
Watch Fed Chair Jerome Powell live in a Q&A on the economy
Second half of the year right Jerry?
GTMO844 US Navy Beech Huron appeared over Bahamas and heading to NAS Jax
Why Alabama landed the national headquarters for Space Command
Alabama “won” the multi-state competition to host the nation’s new Space Command because it offered more of the things the Air Force wanted and needed in a permanent base location, especially in terms of costs and existing facilities, according to the Air Force’s decision announcement.
But Colorado, the current home of the command and a finalist to host it permanently, launched a political war Wednesday after the Alabama pick was announced. Colorado leaders said President Trump decided the winner, not the legitimate selection process, and Colorado hopes to have it overturned by incoming President-elect Joe Biden. Alabama supporters instead countered today by pointing to a story in Politico Wednesday quoting John Henderson, the assistant secretary of the Air Force for installations, environment and energy. Henderson told Politico the Air Force sent a team of experts to the two finalist states of Colorado and Alabama for a more “qualitative and comprehensive” evaluation of each location.
The team looked at the two bases and their surrounding communities in terms of whether the bases had room to grow and to host employees and their families. Outside factors included cost of living, and the availability of quality, affordable housing off base.
In the end, Air Force designated Huntsville its “preferred” site. The final decision isn’t expected until the spring of 2023 pending the outcome of the required environmental impact analysis
Colorado media reported Wednesday that Air Force Secretary Barbara Barrett “traveled to the White House this week to tell Trump the military had chosen Colorado Springs.” Citing unnamed sources the paper said Trump “instead ordered the command to Alabama” in reward for Alabama’s support of Trump in the election and its congressional delegation’s support in his campaign and impeachment battles. But the Air Force said the official factors that went into the decision “related to mission, infrastructure capacity, community support and costs to the Department of Defense.” The Air Force release said Huntsville “compared favorably across more of these factors than any other community.”
The announcement cited the presence of a “large, qualified workforce, quality schools, superior infrastructure capacity, and low and initial and recurring costs.”
The Air Force secretary considered both the short- and long-term benefits, the Air Force said.
Colorado Springs was a strong contender, the Air Force said, “but for different reasons … mostly because it mitigates the short-term disruptions caused by the move, delayed hiring processes and through the re-use of existing infrastructure.”
Reinforcing the importance of cost, the Air Force release said of Alabama: “Additionally, Redstone Arsenal offered a facility to support the headquarters, at no cost, while the permanent facility is being constructed.”
https://www.al.com/news/huntsville/2021/01/why-alabama-landed-the-national-headquarters-for-space-command.html
00000000 USAF B-52 Stratofortress se from Minot AFB ND
SAM448 USAF G5 from Miami on approach for JBA-From Suriname yesterday
02-4452 USAFSOC C-32B continues ne from MacDill AFB depart
168848 US Navy P-8 Poseiden from Jax off Atlantic City where 82-8000 is doing a Cert flight still-cap #2
(chasing ghosts next door-all this is)