Anonymous ID: 26e9fd Oct. 22, 2021, 6:51 a.m. No.102956   🗄️.is 🔗kun   >>2958 >>2970 >>3005 >>3038

>>102954, >>102804 pb

Hedge fund Saba Capital quickly dumped all of its unrestricted shares in the SPAC set to merge with Trump's media company, citing conflicting 'values' - and missed most of a 357% surge

 

Shares of Digital World Acquisition, the SPAC that plans to merge with Donald Trump's newly-announced media company, soared more than 300% on Thursday.

 

But one hedge fund that was already invested in the SPAC prior to the deal announcement sold its more than two million shares shortly after the deal was announced, citing a conflict in values. Saba Capital, a $3.5 billion hedge fund run by Boaz Weinstein, told the New York Times that after learning of the Trump deal, his firm sold most of its stake in Digital World in the early morning. Saba Capital owned 2.4 million shares of Digital World, and likely owned public warrants in the SPAC, which soared more than 2,000% on Thursday.

 

"Many investors are grappling with hard questions about how to incorporate their values into their work," Weinstein said. "For us, this was not a close call."

https://markets.businessinsider.com/news/stocks/digital-world-trump-spac-saba-capital-missed-gains-boaz-weinstein-2021-10

Anonymous ID: 26e9fd Oct. 22, 2021, 7:26 a.m. No.102959   🗄️.is 🔗kun   >>2970 >>3005 >>3038

>>102958

ok last submission on dis.

kek

https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts

 

Kinda reminds me of TASR and the shorts getting burned on each successive split announcement.

Dunno if they habs any shelf registrations (secondary offers to pop out) on da books.

Anonymous ID: 26e9fd Oct. 22, 2021, 7:32 a.m. No.102961   🗄️.is 🔗kun   >>2964 >>2967 >>2970 >>3005 >>3032 >>3038

AF2 USAF C-32A departed JBA for LaGuardia Airport

Kamala Harris Visiting Families In The Bronx

Kamala Harris will visit families in the Bronx on Friday. It’s in part to promote the Biden administration’s infrastructure plan, which includes investments in child care and other social services. Harris will be visiting a YMCA in the northeast Bronx. The vice president will be accompanied by Labor Secretary Martin Walsh and another cabinet officials.

https://newyork.cbslocal.com/2021/10/22/vp-kamala-harris-bronx/

Anonymous ID: 26e9fd Oct. 22, 2021, 7:48 a.m. No.102963   🗄️.is 🔗kun   >>2970 >>3005 >>3038

Russia ups key rate sharply to 7.5%, signals further hikes

 

  • Russia hikes key rate by 75 bps, more than expected

  • Inflation is at 7.8% as of Oct. 18, above key rate of 7.5%

  • Cenbank says more hikes possible as inflation stays high

  • Cenbank raises 2022 average rate forecast

  • Decision sparks rally in rouble

 

Russia’s central bank raised its key interest rate by more than expected to 7.5% on Friday, sparking a rally in the rouble, and signalled further increases as inflation showed little sign of slowing.

 

The central bank, which targets inflation at 4%, raised rates for the sixth time this year to tame the highest inflation since early 2016, brushing off concerns that higher rates could harm businesses with more expensive borrowing. The decision to raise the rate by 75 basis points sent the rouble beyond 70 versus the dollar to levels last seen in June 2020. It also surprised the market which had on average expected the bank would opt for 50 bps after raising rates by 25 bps in September. “This is a significant increase and, obviously, this is not a fine-tuning exercise,” Governor Elvira Nabiullina said, presenting the rate move. Confirming the bank’s readiness to fight inflation further, Nabiullina said the board also considered a 100 bps hike on Friday and such a step could not be ruled out in the future.

 

High inflation dents living standards and has been one of the key concerns among households, prompting authorities to offer social support payments that can in turn spur inflation further. Higher rates help tame consumer inflation by pushing up lending costs and increasing the appeal of bank deposits.

 

The central bank revised its year-end inflation forecast to 7.4-7.9% from 5.7-6.2% but said it was on track to return to 4.0-4.5% in 2022.

https://www.reuters.com/article/russia-economy-rates/update-3-russia-ups-key-rate-sharply-to-7-5-signals-further-hikes-idUSL8N2RI2UA

Anonymous ID: 26e9fd Oct. 22, 2021, 8:08 a.m. No.102969   🗄️.is 🔗kun   >>2970 >>3005 >>3038

Putin: Not All OPEC+ Producers Can Ramp Up Output Quickly

 

Although the OPEC+ alliance is currently ramping up its collective crude oil production slightly above what they had agreed on, not all members of the group can quickly raise their output, Russian President Vladimir Putin said at an event on Thursday.

 

“Currently, the OPEC+ countries are increasing production volumes, even slightly more than they agreed to do, but not everyone can do it,” Putin said at an economic discussion on Thursday, as carried by Russian news agency TASS. “Not all oil-producing countries are able to quickly increase oil production. This is a long-term process, a long cycle,” the Russian president added. The OPEC+ group, in which Russia is the key non-OPEC partner, decided earlier this month to proceed with increasing the coalition’s overall oil production by 400,000 bpd—the minimum the market was expecting.

 

However, for several months now, some OPEC+ members—including OPEC’s Angola and Nigeria and non-OPEC’s Azerbaijan—have struggled to raise their oil production to the highest possible level allowed under the deal. The struggles have come from technical issues, a lack of investments, and lower exploration efforts in recent years. OPEC+ saw its overall compliance with the collective oil production cuts at 115 percent in September, a delegate told Argus on Monday. The September compliance rate was down from the 116-percent compliance in August, but still higher than the market had hoped, with some members of the alliance failing to ramp up production in line with their quotas.

 

The high compliance rate despite the monthly easing of the cuts by 400,000 bpd suggests that not all members of the pact are capable of raising supply as quickly as their quotas under the deal stipulate.

 

According to Bloomberg’s estimates, if all members of the OPEC+ alliance stuck to their respective production ceilings in September, the overall production of the group would have been 747,000 bpd higher than what it was.

https://oilprice.com/Energy/Crude-Oil/Putin-Not-All-OPEC-Producers-Can-Ramp-Up-Output-Quickly.html

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

Anonymous ID: 26e9fd Oct. 22, 2021, 8:33 a.m. No.102972   🗄️.is 🔗kun   >>3005 >>3038

China's troubled property behemoth averts default, signals business shift

 

China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy.

 

The property developer also announced plans to give future priority to its electric vehicles business over real estate. Facing a deadline on Saturday to pay interest on a U.S. dollar bond, Evergande sent $83.5 million to a Citibank trustee account on Thursday, the person with knowledge of the matter told Reuters. That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected. read more Still, the world's most indebted property firm - with more than $300 billion in liabilities - needs to make payments on a string of other bonds, with the next major deadline to avoid default on Oct. 29. With little known about its ability to pay and property sales tumbling 30% in the last 12 months, there is deep scepticism over Evergrande's capacity to ride out the crisis. The company, once China's top-selling property developer, did not respond to a request for comment on debt payment. Citibank declined to comment.

 

Evergrande chairman Hui Ka Yan said on Friday the company would aim to make its new electric vehicle venture its primary business instead of property within 10 years. Property sales will slow to about 200 billion yuan ($31.31 billion) per year by that time, compared to more than 700 billion yuan last year, he was quoted as saying by the state-backed Securities Times. Evergrande's new vehicle business, founded in 2019, has yet to reveal a production model or sell a single vehicle. Last month, the unit warned it was still seeking new investors and asset sales, and that without either it might struggle to pay salaries and cover other expenses.

https://www.reuters.com/world/china/china-evergrande-sends-funds-trustee-bond-coupon-due-sept-23-source-2021-10-22/

Anonymous ID: 26e9fd Oct. 22, 2021, 9:10 a.m. No.102978   🗄️.is 🔗kun   >>2997 >>3005 >>3038

>>102452, >>102518 pb

SAM389 USAF C-32A nw from Brussels departure.-see below for additional info on Austin and the E-4B

 

Austin restates Taiwan support as NATO defense ministers discuss ‘futureproofing’ the alliance

Defense Secretary Lloyd Austin reaffirmed the U.S. commitment to Taiwan on Friday, but stopped short of saying whether the U.S. military would help defend the country if it were to come under attack from China. “I won’t engage in hypotheticals with respect to Taiwan,” Austin said at the conclusion of talks with allies at NATO headquarters in Brussels. On Thursday, President Joe Biden caused a stir during a CNN town hall meeting when asked if the U.S. would defend Taiwan if it came under attack.

https://www.stripes.com/theaters/europe/2021-10-22/austin-nato-china-taiwan-biden-3333344.html

LOKI82 USAF E-4B Nightwatch departed from Dyess AFB ne (had a trip from Dyess to Lincoln and back to Dyess yesterday.

This is the AC (tail# 74-0787) that the Sec. of Defense has used for overseas travel until the current trip where tail #99-0004 C-32A has been used by Austin for trip to Tblisi, Kiev, Romania and has departed Brussels Int'l back to JBA-see above SAM389

 

SPAR65 USAF G5 NATO AC inbound to JBA from Southhampton Airport depart-ground stop at Shannon Ireland after that depart. >>102456 pb

Anonymous ID: 26e9fd Oct. 22, 2021, 11:28 a.m. No.103013   🗄️.is 🔗kun   >>3038

SPAR90 USAF G5 inbound to Bangor, ME from Brussels Int'l departure earlier today

This AC was at Southhampton Airport on Weds wif another NATO AC

Anonymous ID: 26e9fd Oct. 22, 2021, 11:52 a.m. No.103021   🗄️.is 🔗kun   >>3038

BOXER44 USAF C-40C west from JBA depart

ILIUM28 US Navy E-6B Mercury heading sw after some werk off-shore

Da Hip Bone...kek

Anonymous ID: 26e9fd Oct. 22, 2021, 12:05 p.m. No.103024   🗄️.is 🔗kun   >>3038

Time for Fed to taper bond purchases but not to raise rates, Powell says

 

Federal Reserve Chair Jerome Powell on Friday said the U.S. central bank should start the process of reducing its support of the economy by cutting back on its asset purchases, but should not yet touch the interest rate dial.

 

“I do think it’s time to taper; I don’t think it’s time to raise rates,” Powell said in a virtual appearance before a conference, noting that there are still five million fewer U.S. jobs now than there were before the coronavirus pandemic. He also reiterated his view that high inflation will likely abate next year as pressures from the pandemic fade.

 

“We think we can be patient and allow the labor market to heal,” he said.

 

The Fed has promised to keep its benchmark overnight interest rate at the current near-zero level until the economy has returned to full employment and inflation has reached the central bank’s 2% goal and is on track to stay moderately above that level for some time.

 

It’s “very possible” the Fed’s full employment goal could be met next year, Powell said on Friday, if supply-chain constraints ease as expected and the service sector opens more fully, allowing job growth to speed back up. Job gains slowed sharply in August and September as COVID-19 cases surged.

 

Still, it’s not a certainty, and if inflation - already higher and lasting longer than initially expected - moves persistently upward, the Fed would “certainly” act, he said.

https://www.reuters.com/article/usa-fed-powell/update-2-time-for-fed-to-taper-bond-purchases-but-not-to-raise-rates-powell-says-idUSL1N2RI1MV

Thanks a bunch Jerry but you don't set interest rates...the bond market does it and YOU (and the entire FRB) are just the messengers.

But you knew dat....

Cap#2 is YTD on 10 year T Note

https://www.marketwatch.com/investing/bond/tmubmusd10y

Anonymous ID: 26e9fd Oct. 22, 2021, 12:39 p.m. No.103032   🗄️.is 🔗kun   >>3038

>>102961

AF2 USAF C-32A departed LaGuardia Airport back to JBA

 

Kamala Harris’ NYC speech interrupted by shouting man

 

A protester shouted at Vice President Kamala Harris during her speech in The Bronx Friday about the Biden administration’s Build It Back Better agenda — blaming the city’s outdated infrastructure on the drowning deaths of 13 New Yorkers.

 

Harris was talking about elements of the plan, saying it was about “being better on climate” and supporting working families when a man in the audience at the Edenwald YMCA in the northeast Bronx stood up and interrupted her remarks. “…Drowned in Queens. It could have been prevented if we had the right infrastructure,” the heckler yelled. He was apparently referring to the 13 people who died last month from Hurricane Ida floodwaters, including 11 who drowned in basements.

 

City officials have blamed the tragedies on an outdated sewer system that couldn’t handle the torrential rainfall. “You are right brother,” Harris replied from the podium. “I know you are. And how about you and I talk about that,” she said before he interrupted her again, this time shouting about China’s Belt and Road initiative.

 

Harris plowed ahead, saying, “I’m happy to talk to you but right now let’s talk about the agenda.” Then Secret Service agents ushered him out of the room.

https://nypost.com/2021/10/22/kamala-harris-nyc-speech-interrupted-by-shouting-man/

Anonymous ID: 26e9fd Oct. 22, 2021, 12:47 p.m. No.103034   🗄️.is 🔗kun   >>3038

ANON US Army UH-60L Blackhawk on ground at John Wayne Int'l Airport yesterday..

 

Currently over Malibu as DAWG85-cap #2

Had to gibs them a shout out as they took the time to wink yesterday.