tyb
keep dhem sharp knives hidden bro
kek
>sup wif dat banner yo?
Yeah I gots da same question
>>130401 lb
00000000 USAF B-52 Stratofortress circling just east and over Ft. Drum, NY
10th Mountain Division located at Ft. Drum and this was also the location of Pence's last official travel as VP-the wife also went with after going to Lemoore NAS in CA
dat better
>and will pay the debt using the national currency – the ruble.
hahahahahahaha
JP Morgan is FUCKED!
>>130375 pb Morning look at Yerp and Middle East
Current look at Yerp and Middle east
French AF CTM218 has departed Beirut after a ground stop
NATO12 E-3TF Sentry AWACS heading se after runs over se Poland
LAGR222 USAF KC-135 tanker heading se behind NATO12
NCHO222 USAF D-10 tanker on the track over northern Romania
German GAF632 A400M nw from Bucharest depart
RCH810 USAF C-17 Globey nw
Canadian AF CFC4220 C-130 Super Hercules north from Macedonia to Rzesow Poland
JAKE12 USAF Rivet Joint nw after Romanian trackin'
Italian AF IAM1430 767 MRTT to Rzesow from Rome
RAF RRR7226 Rivet Joint on Polish border with Belarus and Ukraine to the east
Largest China Tech ETF in U.S. Wipes Out Nine Years of Gains
The selloff in Chinese stocks has been so intense that the largest China tech exchange-traded fund in the U.S. has wiped all the gains since its debut in 2013. KraneShares CSI China Internet Fund (KWEB), a $4.9 billion ETF that invests in Chinese tech companies, slumped more than 7% Monday, bringing its decline over the past three days to 25%. Its loss this year has surpassed 39%, erasing all the gains, including dividend payouts, since it started trading nine years ago.
Even as the stock tumbled, the ETF posted consistent inflows in January and February before those flows reversed course this month. The buy-the-dip strategy proved no match for a broader selloff as a confluence of factors, including renewed concerns about the delisting of American Depositary Receipts from U.S. exchanges, Covid outbreaks in China and the geopolitical tension stemming from Beijing’s position in the Russia-Ukraine war weighed on sentiment. JPMorgan Chase & Co. downgraded 28 Chinese stocks trading in the U.S. and Hong Kong Monday, saying the companies are “uninvestable” on a six- to 12-month horizon. “The China internet space needs catalysts, which are currently few and far between, for buyers to come back in,” wrote Brendan Ahern, chief investment officer at Krane Funds Advisors LLC, which manages the ETF, wrote in a blog post titled “Sum of All Fears” on Monday. ”Positive news on the Russia/Ukraine conflict, better vaccines in China, buybacks, go private deals, and spinoffs are all potential candidates to revive the sector.” The KWEB’s assets has almost halved since peaking at nearly $10 billion in November, despite persistent inflows to the fund. It still ranks as the second-largest China-focused ETF in the U.S., trailing only the $5.5 billion iShares MSCI China ETF. Its shares outstanding jumped more than 200% between mid-July and February as investors piled on.
Five companies, including Tencent Holdings Ltd., Alibaba Group Holding Ltd., JD.com Inc., Baidu Inc. and Meituan, accounted for 46% of KWEB’s holdings. The decline of these companies this year ranges from 25% to 50%. On Friday, Krane Funds Advisors said that it plans to convert all of its holdings of Chinese ADRs to shares trading in Hong Kong by the end of the year to minimize the de-listing risk. The U.S. passed a law in December 2020 that threatens to expel Chinese companies from American exchanges if they fail to comply with its auditing requirement.
https://www.bnnbloomberg.ca/largest-china-tech-etf-in-u-s-wipes-out-nine-years-of-gains-1.1737452
>>130387 pb
Panic selling grips Chinese stocks in biggest plunge since 2008
https://www.bnnbloomberg.ca/panic-selling-grips-chinese-stocks-in-biggest-plunge-since-2008-1.1737078
been saying that was gonna habben for 10 days.
they don't want roubles.
F-U-C-K-E-D by VP
>>130330 pb
They also got bailed out of the Nickel squeeze so imagine you are a trader and you just watched it sky and your long positions are parabolic but nope here comes the system to say "sorry..the brokerages can't cover the margin calls cause they were short so we're gonna bust all those trades".
This is EXACTLY why I quit-busting trades cause the wrong people made money at the systems expense
actually working?
won't last long..never does
Here’s everything the Fed is expected to do at its meeting this week
*The Federal Reserve meets this week and is expected to begin unwinding the massive economic help it provided during the pandemic.
*That process will likely start with a quarter-percentage-point interest rate hike, but also will entail several other actions.
*Policymakers will update their future outlook for rates as well as GDP, inflation and unemployment.
*At the last update, officials indicated inflation running at just a 2.7%, obviously a massive undershoot from what is prevailing this year.
The Federal Reserve this week faces the monumental challenge of starting to undo its massive economic help at a time when conditions are far from ideal of which they are TOTALLY responsible for creating. In the face of a geopolitical crisis in Ukraine, an economy that is off to a slow start and a stock market in a state of tumult, the Fed is widely expected to start raising interest rates following the conclusion Wednesday of its two-day meeting. Those three elements pose a dauting challenge, but it’s soaring inflation that the Fed will focus on most when its meeting starts Tuesday.
“The economic outlook supports the Fed’s current plans to boost the federal funds rate in March and to begin to reduce their balance sheet over the summer,” wrote David Kelly, chief global strategist for JPMorgan Funds. “However, there [are] a number of areas of uncertainty which should make them a little more cautious in tightening.” However, the Federal Open Market Committee meeting will be about more than a solitary interest rate hike. There also will be adjustments to the economic outlook, projections for the future path of rates, and likely a discussion about when the Fed can start reducing its bond portfolio holdings.
Here’s a quick look at how each will play out, according to the prevailing Wall Street view:
Markets have no doubt the Fed will enact a quarter-percentage-point, or 25 basis-point, increase at this meeting. Because the central bank generally doesn’t like to surprise markets, that’s almost certainly what will happen.
Where the committee goes from there, however, is hard to tell. Members will update their projections through the “dot plot” — a grid in which each official gets one dot to show where they think rates will go in 2022, the following two years and then the longer range.
*muh additions to this
Looking at the position of the 10 year note this is going to be bigger-at least 50 basis points-if they even do it-because as mentioned SOOOO many times before they are just delivery boys and real interest rates have risen already so it matters little what they do or don't do
10 Year note at 2.13%-cap #1
and the even have a small chance of that 50 basis pt raise and that showed up today -see cap#2
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Now here is the funniest part
The economic and inflation outlook
and ALL of this rhetoric is and has been debunked regarding what real inflation at Shadow Stats for years see: www.shadowstats.com
The dot plot is part of the Summary of Economic Projections, a table updated quarterly that also includes rough estimates for unemployment, gross domestic product and inflation.
In December, the committee’s median expectation for inflation, as gauged by its core preferred personal consumption expenditures price index, pointed to inflation in 2022 running at a 2.7% pace. That figure obviously vastly underestimated the trajectory of inflation, which by February’s core PCE reading is up 5.2% from a year ago.
Wall Street economists expect the new inflation outlook to bump up the full-year estimate to about 4%, though gains in subsequent years are expected to move little from December’s respective projections of 2.3% and 2.1%.
Still, the sharp upward revision to the 2022 figure “should keep Fed officials focused on the need to respond to too-high inflation with tighter policy settings, especially against a backdrop of strong (if now more uncertain) growth and an historically tight labor market,” Citigroup economist Andrew Hollenhorst wrote in a Monday note.
Economists figure there also will be adjustments to this year’s outlook for GDP, which could be slowed by the war in Ukraine, explosive inflation and tightening in financial conditions. December’s SEP pointed to GDP growth of 4% this year; Goldman Sachs recently lowered its full-year outlook to just 2.9%. The Atlanta Fed’s GDPNow gauge is tracking first-quarter growth of just 0.5%.
3
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.cnbc.com/2022/03/14/heres-everything-the-fed-is-expected-to-do-at-its-meeting-this-week.html
So they can raise them by 25 or 50 or not do a damn thing because IT HAS \ALREADY BEEN DONE
>Is there an honest honorable place to invest and make money?
depends on your definition of investing and on what time frame you are talking about but the short answer is very little to nothing based on your statement.
If you trade and get in/out of things quickly then you have a better chance but you MUST watch it and be nimble.
But something not dirty? very little
Physical Gold and Silver for long term
trips confirm
>but with notes
fuq mang you used to do 4-5 I'd break ya for one or 1.5 and then you'd do another 1-2
I'd do the notes later on at night and leave them for gy
which is why it is VERY important to have physical in possession and once you doDO NOT care about the price is in Dollars.
In fact don't even look at it's daily price because that is just Fake FIAT money that is dying.
This is not easy to do but you will feel better if you know you have it and once others realize they don't and need it...it will be too late
Less than 1/2 of 1 % actually own phyzz.
It used to be about 8% in the late 70's
You are going to see the prices drop futher but it will be imposiible to obtain-already hard to get any ofit in size.
German AF GAF918 A340 nw from Ankara after ground stop
FM Scholz left Ankara after 'visiting' with Erdogan
Leaders of Germany, Turkey press for cease-fire in Ukraine
Turkey and Germany pledged Monday to continue diplomatic work for a cease-fire in Ukraine, while emphasizing the importance of their bilateral ties and the NATO partnership
https://abcnews.go.com/International/wireStory/germanys-scholz-meet-turkeys-erdogan-ankara-83430993
And the German AF continues it's porsche model numerics with 918 asv# in call sign
back later
yep
a different place for sure
got through it then we all had a long break when it was offline
Biden’s Current SEC Chair Garry Genzler Was Hillary’s 2016 Campaign CFO When Money Flowed from Her Campaign to Pay for the Scandalous Trump-Russia Lie
Garry Gensler, Biden’s current Head of the SEC, in 2015 and 2016 was running Hillary’s campaign finances at the same time millions flew from her campaign to entities with the sole purpose of making up a Russia collusion story that eventually led to spying on candidate and President Trump. When Hillary Clinton was putting together her 2016 Presidential campaign, she brought in Garry Gensler as her Chief Financial Officer. CNN reported in April 2015: Hillary Clinton’s campaign will add to its top ranks a man who’s known for being tough on Wall Street. Gary Gensler, the former chairman of the Commodity Futures Trading Commission, will serve as the Clinton campaign’s chief financial officer, Bloomberg reported.
Gensler would bring a wealth of knowledge about the financial industry, as well as the federal agencies that regulate it, to the newly launched campaign. He was chairman of the CFTC, the government agency that oversees the derivatives markets, from 2009 to 2014-that dismissedthe Silver Manipulation Investigation. He previously served in senior Treasury Department roles under President Bill Clinton, and prior to joining the Clinton administration worked at Goldman Sachs for almost 20 years. By early January of 2016, things had worn off and Hillary had some competition. Those supporting her only competitor, socialist Bernie Sanders, were not happy with Gensler, the former Goldman Sachs guy. The Intercept wrote at that time: Hillary Clinton is using a prominent surrogate to attack Bernie Sanders’ emphatic proposals for reforming Wall Street: Gary Gensler, former chair of the Commodity Futures Trading Commission. Gensler, who is the Clinton campaign’s chief financial officer, has enormous credibility among financial reformers after his aggressive (and lonely) efforts to rein in banks during the early years of the Obama administration. As a result, the Clinton campaign has tapped him to fend off Sanders and make the difficult case that Clinton is genuinely interested in cleaning up Wall Street. Gensler, for instance, delivered a pre-buttal before Sanders’ speech on Tuesday, and deemed it insufficient afterward. But Gensler’s attacks on Sanders come across as hollow given that the Clinton campaign has been largely silent on the issue that defined Gensler’s legacy – the regulation of derivatives – and the undermining of that legacy by the man Obama chose to succeed him. It was also clear at this time that Gensler was running Hillary’s campaign finances. Gensler also worked with Hillary’s attorney Marc Elias in creating the Hillary Victory Fund, according to Bloomberg in a piece in June 2016: Gensler’s portfolio stretches into other areas as well. He, along with campaign lawyer Marc Elias and national finance director Dennis Cheng, led the process last year to create the Hillary Victory Fund, which jointly raises money for the campaign, the DNC, and state Democratic parties. Elias was Hillary’s general counsel at the time Gensler was CFO. Elias served as general counsel for Hillary Clinton’s 2016 presidential campaign. On Monday, Clinton shared news of the Elias Law Group’s launch on Twitter, writing, “Glad to see one of our most powerful warriors for the right to vote extend its practice.”
When Donna Brazile took over the DNC in the summer of 2016 she learned that Hillary Clinton had taken over the DNC back in 2015, long before the first primary took place. Far-left Politico shared notes from Brazile’s book published a year later. The Saturday morning after the convention in July, I called Gary Gensler, the chief financial officer of Hillary’s campaign. He wasted no words. He told me the Democratic Party was broke and $2 million in debt. “What?” I screamed. “I am an officer of the party and they’ve been telling us everything is fine and they were raising money with no problems.”
That wasn’t true, he said. Officials from Hillary’s campaign had taken a look at the DNC’s books. Obama left the party $24 million in debt—$15 million in bank debt and more than $8 million owed to vendors after the 2012 campaign—and had been paying that off very slowly. Obama’s campaign was not scheduled to pay it off until 2016. Hillary for America (the campaign) and the Hillary Victory Fund (its joint fundraising vehicle with the DNC) had taken care of 80 percent of the remaining debt in 2016, about $10 million, and had placed the party on an allowance……On the phone Gary told me the DNC had needed a $2 million loan, which the campaign had arranged. No! That can’t be true!” I said. “The party cannot take out a loan without the unanimous agreement of all of the officers.” “Gary, how did they do this without me knowing?” I asked. “I don’t know how Debbie relates to the officers,” Gary said. He described the party as fully under the control of Hillary’s campaign, which seemed to confirm the suspicions of the Bernie camp. The campaign had the DNC on life support, giving it money every month to meet its basic expenses, while the campaign was using the party as a fund-raising clearinghouse……When I got back from a vacation in Martha’s Vineyard, I at last found the document that described it all: the Joint Fund-Raising Agreement between the DNC, the Hillary Victory Fund, and Hillary for America.
The agreement—signed by Amy Dacey, the former CEO of the DNC, and Robby Mook with a copy to Marc Elias—specified that in exchange for raising money and investing in the DNC, Hillary would control the party’s finances, strategy, and all the money raised. Her campaign had the right of refusal of who would be the party communications director, and it would make final decisions on all the other staff. The DNC also was required to consult with the campaign about all other staffing, budgeting, data, analytics, and mailings… …When I was manager of Al Gore’s campaign in 2000, we started inserting our people into the DNC in June. This victory fund agreement, however, had been signed in August 2015, just four months after Hillary announced her candidacy and nearly a year before she officially had the nomination. The Hillary campaign took over the DNC’s financials and then hid how the money was being spent by funneling it through its attorney Elias and Perkins Coie. Millions were passed onto its attorneys where they used this money for activities being investigated by the Durham investigation now. The Clinton campaign paid Perkins Coie $5.6 million in legal fees from June 2015 to December 2016, according to campaign finance records, and the DNC paid the firm $3.6 million.
We now know the money that Hillary’s team paid entities to link Trump to Russia.
https://dcweekly.org/2022/02/14/exclusive-bidens-current-sec-chair-garry-genzler-was-hillarys-2016-campaign-cfo-when-money-flowed-from-her-campaign-to-pay-for-the-scandalous-trump-russia-lie/
So he can change his shirt, get moar coke, shave, and film moar videos claiming he is still in Kyiv
they could be (military) but for a while there he had the same one-a small stain was visible over a few days so they shot all the vids at same time and released over period of few days
Mkt Fag: After the bell Market report
They barely got the DOW to stay green...BARELY (+1.05) but J-J-J Janet and the inkjets did not make an appearance on the NAS cause that was a disaster from the open to the close and if not for a 46.52m shares transaction approximately 4 minutes from the close it would have closed on it's LOD or perhaps made a new one-this is likely (smart) shorts covering.
Earlier in the day, the S&P 500 declined 0.7%-see cap #3 for Mr Death's arrival >>130164 pb
>Mr Death has occupied two floors (DOW, NAS) of a 3 story bldg and is about to buy the entire bldg (SP500) and will finish those "negotiations on Monday afternoon.
The tech-heavy Nasdaq Composite slid 2%. Both finished their seventh negative session in the past eight. Meanwhile, the Dow Jones Industrial Average finished flat after climbing as much as 450 points earlier in the day-with the DOW displaying what is know as a "top tail" candlestick pattern (not good if you are a hopium-based long). Benchmark U.S. 10-year yields rose to 2.1419%, the highest since July 2019-see here >>130445 so little change from earlier report. The dollar is still sitting near two-year highs.......that speaks for itself-Cap#4 but it's threat to breakout should be taken care of with whatever the reactions to the FOMC worthless statement is/are-because no matter what they, do or say the reality of rate rises are already here as witness to the level of 10 year note-see above.
Metals continued the drop initiated with the paper dump from last night (Asian Mkts opeing >>130333 pb ) and Silver has fallen well below the $25.50 'support' level previously established. Look for this to continue as the normal criminals used the recent rise to short it again-MASSIVELY and need the price to be aroun $20-ideally-for close of the 1st Qtr in two weeks time. COMEX contract #'s will be updated later to reflect just how many contracts were paid off for cash and what it "cost" them to accomplish the latest smack down. The latest 'last' prices are in Cap#5 and represent the very small gains upon Asian trading day starting-this after the dumps from our session today.
As they drive the price lower supply will continue to become moar scarce-this is the same dynamic that happens over and over when these price smashes habben-if you can get it consider it A GIFT'-because there is no phyzz being traded with these massive amount of paper being thrown at it.
Some headlines
With Chinese Commodity Tycoon 'Bailed Out', LME Announces Nickel Market To Reopen
https://www.zerohedge.com/markets/chinese-commodity-tycoon-bailed-out-lme-announces-nickel-market-reopen
all pb
>>130330, >>130334, >>130335 JPMorgan Leads Talks to Contain Nickel Crisis Damage
>>130135 JPMorgan Emerges As Largest Counterparty To Chinese Tycoon's Massive Nickel Short Squeeze
Basically it was JP Morgan who got caught short. see this >>130439
Berkshire Hathaway stock price reaches $500,000
https://www.reuters.com/business/berkshire-hathaway-stock-price-reaches-500000-2022-03-14/
Not hard to do when you bought back $27B of it in 2021
>>128158 pb Berkshire’s operating earnings surge as Buffett repurchases record $27 billion in stock during 2021-cnbc
and $2B of it already this year-DERP!!!!
from Mar 11
Berkshire Hathaway Bought Back About $2 Billion of Stock This Year
https://www.barrons.com/articles/berkshire-hathaway-stock-buybacks-proxy-51647042991
Wheat Slips as Traders Assess Ukraine-Russia Talks, Rates View
https://www.bnnbloomberg.ca/wheat-slips-as-traders-assess-ukraine-russia-talks-rates-view-1.1737547
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
https://finance.yahoo.com/quote/NQ%3DF?p=NQ%3DF
https://www.marketwatch.com/investing/index/dxy
https://www.marketwatch.com/investing/index/comp
you wants some moar of doze notey memes?
Can do some later
habs some later
gonna get a walkies in
limited access tomorrow and weds gone for bit
'box wars tomorrow and Dr weds.
Japan to consider new police unit for guarding nuclear plants: PM
Japan will consider creating a police unit to protect the country's nuclear plants, Prime Minister Fumio Kishida said Monday in the wake of Russia's takeover of Ukrainian nuclear facilities. "There is a growing interest in Japan regarding the safety of nuclear power plants," Kishida said at a parliamentary upper house budget meeting. He cited central Japan's Fukui Prefecture, which operates a police unit to guard such plants. "It is important to consider whether we can expand the initiative in Fukui," he said, calling for a review and debate regarding the prefecture's efforts.
In terms of the Russian attacks on the Chernobyl and Zaporizhzhia nuclear plants in Ukraine, Japanese Foreign Minister Yoshimasa Hayashi said the government will consider providing assistance to Ukraine on decontamination and anti-radiation treatments if necessary. Regarding Moscow's invasion of Ukraine, Kishida also told lawmakers that change is needed at the United Nations, where permanent members of the Security Council such as the U.S., Russia and China hold vetoes that can block action. "The reckless actions by Russia, a permanent member of the U.N. Security Council, show the need for a new international framework," he said at the upper house meeting. Kishida urged permanent Security Council members to "refrain from exercising their veto powers as much as possible." "We want to continue our efforts to reform the Security Council in cooperation with other countries who are supportive of the idea, like France," Kishida said.
The prime minister stressed the importance of the extended deterrence provided by the U.S., including through its nuclear weapons and its alliance with Japan. "Japan will strengthen its own defensive capabilities" as well as the bilateral alliance, Kishida said. He said this stance will be reflected in Japan's next National Security Strategy document. But he reaffirmed that Japan will not consider a nuclear sharing agreement with the U.S., where Japan would host American nuclear weapons and participate in decision-making regarding their use. The U.S. has such deals in place with certain members of NATO. "The Japanese government will not discuss NATO-type nuclear sharing agreements precisely because we believe extended deterrence through the Japan-U.S. alliance is working," Kishida said.
https://asia.nikkei.com/Politics/Japan-to-consider-new-police-unit-for-guarding-nuclear-plants-PM
Just make sure that if you see one of these-cap #2 it's not a security camera
Oil under a hundy nao-$98.78 and a little bounce as shorts are covered
Gotta get all this shit (commodities) down before the close of the quarter
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
China Opens Liquidity Gates Amid Rising Headwinds to Growth
China unleashed more funds into the financial system as policy makers sought to bolster the economy weighed by resurgence in virus-led curbs and slowdown in the nation’s property market.
The People’s Bank of China injected a net 100 billion yuan. It also kept the interest rate unchanged at 2.85% on Tuesday after slashing it in January for the first time in almost two years. Ten of the 17 economists polled by Bloomberg had forecast the PBOC to lower the rate.
The need for additional monetary stimulus gained momentum after data last week showed credit expansion in the country unexpectedly slowed in February and a key indicator of home mortgages declined for the first time in at least 15 years. The resurgence of Covid-19 cases and a lockdown in the southern city of Shenzhen, home to major technology firms and one of the busiest ports in the nation, also threatened to slow the world’s second-largest economy.
The government has already outlined higher spending while setting an ambitious a growth target of 5.5% for the year at the National People’s Congress this month. It’s a goal that political leaders say won’t be easy to meet and would need supportive economic policies.
The PBOC has already resorted to unconventional methods of supporting the economy. It announced a plan to transfer more than 1 trillion yuan ($158 billion) in profits to the government to help finance fiscal spending last week.
China’s economy rebounded from its pandemic slump to grow 8.1% last year, though the momentum has slowed to half that pace in the final quarter, dragged down by a housing market slump and weak consumption. The outlook is also deteriorating amid geopolitical tensions related to Russia’s invasion of Ukraine and a spike in oil prices.
https://www.bnnbloomberg.ca/china-opens-liquidity-gates-amid-rising-headwinds-to-growth-1.1737608
>>130363 Foxconn Halts iPhone Shenzhen Site Due to Covid Lockdown-bnnBberg
Foxconn In Talks To Build $9 Billion Factory In Saudi Arabia
Dear liberals: Pretty soon, your iPhone could be assembled in a country where homosexuality is punishable by death, and religious dissidents are sometimes beheaded.
WSJ reports that the kingdom "is reviewing an offer from the company, formally known as Hon Hai Precision Industry, to build a dual-line foundry for surface-mount technology and wafer fabrication in Neom, a tech-focused city-state the kingdom is developing in the desert."
For those who aren't familiar with Neom, here's what the BBC has to say about the planned futuristic tech-centric city in the desert. The Kingdom plans to use its massive sovereign wealth fund to finance the effort.
In what could be a victory for Crown Prince Mohammad bin Salman's effort to attract tech companies to help diversify Saudi Arabia's economy away from oil and gas, Foxconn, the Taiwanese consumer tech giant that's one of Apple's biggest contractors, has reportedly submitted a proposal to build a $9 billion factory in the Kingdom. Glow-in-the dark beaches. Billions of trees planted in a country dominated by the desert. Levitating trains. A fake moon. A car-free, carbon-free city built in a straight line over 100 miles long in the desert. These are some of the plans for Neom - a futuristic eco-city that is part of Saudi Arabia's pivot to go green. But is it all too good to be true? Neom claims to be a "blueprint for tomorrow in which humanity progresses without compromise to the health of the planet". It's a $500bn (ÂŁ366bn) project, part of Saudi Arabia's Vision 2030 plan to wean the country off oil - the industry that made it rich. The factory isn't a done deal - at least not yet. The Saudis are reportedly still conducting due diligence and "benchmarking the offer against others Foxconn has made for similar projects globally". The Saudis are also reportedly in talks with the UAE about potentially building the factory there.
Foxconn has long been looking to diversify its factory capacity away from China. But Riyadh wants the company to guarantee that it would direct "at least two-thirds of the foundry’s production into Foxconn’s existing supply chain...to ensure there are buyers for its products and the project is ultimately profitable." But if the company meets all the Saudis requirements, the kingdom is prepared to co-invest, while also offering low-interest loans, and other incentives.
Of course, just because Foxconn is planning to invest, doesn't mean it will. Let's not forget how the company supposedly promised to build a large factory in Wisconsin, but ended up with a project that was much smaller than it initially promised. The Kingdom has struggled to recruit western businesses for Neom
Although, as we noted above, we would be curious to see how Apple reacts to Foxconn's decision to possibly assemble the company's phones in the kingdom.
https://www.zerohedge.com/technology/apple-supplier-foxconn-reportedly-talks-build-9-billion-factory-saudi-arabia
Peeps don't gibs a shit about the lead-in to this article 'cause if they did China ain't much better with regards to human rights-they just do a better job of hiding it so totally disingenuous here ZH.
They care that they have the "latest" gadget so they can show it off to vapid friends.
But good score for MbS if he can pull it off cause they will be built somewhere-the hypocrisy of the people that own the phones ought to be fun to watch.
how many noters ya think you got nao?
Rusal Shares Shed $6.7 Billion in Hong Kong on Ukraine Invasion
The only Russian stock traded on Hong Kong’s exchange has lost about $6.7 billion in market value since the invasion of Ukraine, as global investors shun Russian assets in the face of stringent sanctions.
Shares of Hong Kong-listed United Co. Rusal International PJSC, Russia’s biggest aluminum producer, have tumbled 47% since President Vladimir Putin launched a military operation in Ukraine on Feb. 24. Equities trading on the Moscow Exchange has been halted since Feb. 25.
The company, which gets about a quarter of its revenue from Russia, said U.K. sanctions on Oleg Deripaska and other Russian individuals have no impact on Rusal and parent company En+ Group International PJSC. Deripaska has stakes in En+ Group.
Some U.S. banks in Hong Kong, including Goldman Sachs Group Inc. and Citigroup Inc., have refused to participate in transactions involving Rusal’s stock, according to a Financial Times report. Rusal reports results on wednesday
https://www.bnnbloomberg.ca/rusal-shares-shed-6-7-billion-in-hong-kong-on-ukraine-invasion-1.1737620
from March 8th
Christopher Steele reappears as Russia expert but avoids dossier questions
British ex-spy Christopher Steele reemerged to weigh in on Russian President Vladimir Putin’s invasion of Ukraine, avoiding any questions about his discredited dossier and making no mention of his former Russian oligarch client, Oleg Deripaska, who has called for "peace" in recent days. Steele spoke with the BBC over the weekend and criticized the West for misjudging Putin. Deripaska, a Kremlin ally known for his prior business relationships with Steele and Trump campaign manager Paul Manafort, is accused of assisting the Russian government’s influence operations worldwide and repeatedly tweeted Monday that “we need peace.” He also shared a lengthy video that criticized Putin and his invasion.
https://www.washingtonexaminer.com/news/christopher-steele-reappears-as-russia-expert-but-avoids-dossier-questions
Not something you see everyday for sure
Chinese AF 11150 Y-20 over Pakiland heading sw
good point
Morning
>next door
>muh TS is confirmed!
kek
howza
SAM484 USAF G5 ws from JBA
BOXER5:5 USAF C-40C also ws from JBA
TERRA97 USAFSOC C-32B out from a JBA ground stop (these are cert./maintenance flights) casue they do not land anywhere under this call sign and return to JBA then back to McGuire AFB which is AFSOC Home Base)
SAM590 USAF C-32A ne across the pond from JBA depart
Last VIP usage was for Flauxtus on 031920-a few VENUS flights after that
SAM371 USAF G5 KAF AC of interdast (berry high level) inbound from Payerne AB, Switzerland-this AC arrived on 0313 from JBA depart
Payerne is where the Swiss AF is located
This AC was also ANON at Los Angeles Int'l Airport on 0310
Mkt Fag: Morning Market Report
The day after Mr. death "bought" the 3 story bldg they were occupying-confirmed death cross on SPX >>130473 cap #3 here we get a rally because you don't want anyone seeing that Mr. Death lives on all the majors at this point. This is being used as an exit for the big boys as they continue to hand off to retail-proven already because the volume on all of the majors is vanishing as it tops and then start to drop from the HOD.
Shorts covered about 18 minutes into the NAS, DOW and SP500 session-red circle on cap #2-it's also visible on the other two Shorts or Janet you decide but is combination of both-in fact they tried to slow it down as there is a gap in reporting just prior to the big transaction of 88.17m (This on the NAS)..again all at exact same time on all three indices.
Volume on NAS will exceed daily average by quite a bit by the end of the day as well. Highlighted in yellow
Todays "reason"-cause they always try and provide one is that oils drop is quelling inflation fears-well lemme tell ya something all these macro conditions have not changed at all so hence the need to provide a "reason" for this rally. Quite hilarious (did I not mention that whoever was short was gonna continue to get cleaned out-the short covering is also fueling this as every "rally" is shorted and they are just taking money from those that continue to think they are correct-it's not that they aren't but they don't want to see what is being done. Hot-air machines werk until they don't and this one continues to provide the gas needed.
They are already blaming the rally "stall" with this
Rally Halts After Putin Says Ukraine "Not Serious About Finding Acceptable Solution"
https://www.zerohedge.com/markets/rally-halts-after-putin-says-ukraine-not-serious-about-finding-acceptable-solution
Not becasue it was used as an exit for the big boys and has served it's purpose no it could NOT be that...HAHAHAHAHAHAHA!
Metals: Just as predicted the follow through continues with AU being the bigger of the two being hit-see Cap#3-it's trying to regain some of the drop but see below (and red line in cap#3) why it is doomed over a two week period. The swoon continues for the weekly print but the quarter end is what is most important so as already predicted they will continue to slide into the end of the month with an odd bounce here and there and the "regulars-ala JP Morgan, Citibank, Goldman, BofA, HSBC" will just use that to pile on additional shorts in this area.
The as predicted divergence in Au and Ag well underway as they usually hit Ag much moar-not so now as Gold has always been seen as the "safety" needed for using as a hedge- dollar is still close to 2 year highs so it ain't because of that.
US 10 year still well above 2% and showing no sign of dropping below-FOMC "meeting"begins today and see here >>130445 particularly this statement added at end in red
>So they can raise them by 25 or 50 or not do a damn thing because IT HAS ALREADY BEEN DONE
Already mentioned Oil: Muh demand destruction!!-see Cap #5 and below article.
Shorts covering giving it a bounce now
OPEC: Inflation And Ukraine War Could Slow Oil Demand Growth
https://oilprice.com/Energy/Crude-Oil/OPEC-Inflation-And-Ukraine-War-Could-Slow-Oil-Demand-Growth.html
Good job of blowing the OPEC assertions clean out of the water. They want to keep production levels elevatd but will not allow reality to change that.
Some Headlines
this has the Oligarchs absolutley shitting themselves-you habs to return home 'casue no one else wants you around and when you do imma taking yer shit (Roman Abramovich-dual citizen is a perfect example of this-muh Chelsea is going into a foundation-DERP!. Deripaska another one with his Rusal not doing so well-see here >>130494
'''Putin Signs Law To Seize Foreign Aircraft Amid Crippling Sanctions
https://www.zerohedge.com/geopolitical/putin-signs-law-seize-foreign-aircraft-amid-crippling-sanctions
Muh fear pron on Russian debt "default"-dhey not defaulting it's just that the system doesn't want to be paid in Roubles so they through a fit about it (yes we see YOU JP Morgan!)....yet still zero mention of Evergrande not even paying off it's already defaulted obligations-quite hilarious imo
Russia is spiraling toward a US$150B default nightmare
https://www.bnnbloomberg.ca/russia-is-spiraling-toward-a-us-150b-default-nightmare-1.1737645
Russians Buy Up Gold to Salvage Savings After Ruble Collapses
https://www.bnnbloomberg.ca/russians-buy-up-gold-to-salvage-savings-after-ruble-collapses-1.1737995
and yet the paper price has tanked since Sunday evening-go figure-not hard to figure that one out..
https://www.kitco.com/charts/livegold.html
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://finance.yahoo.com/quote/%5EIXIC
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Yeah that would do it but see below and a major reason why they want to do it.
Look what "they" did to Saddam Hussein and Gaddafi when they suggested using something other than the dollar.
It collapsed long ago-it's been the Derivative pile and the Wall St. trading programs that keeps it going.
When you don't allow consequences (ala Moral Hazard) it's already done so you have keep "creating" transactions to cover it's demise.
But I see what you are saying as the public would never digest that it has already "bit the dust: already and it's the above the allows the perception of it still "working"
yep
Fresh part of Treasury yield curve inverts, with 7-year rate trading above 10-year yield
The 7-year Treasury rate traded above the 10-year yield on Tuesday, inverting that part of the curve ahead of Wednesday's Federal Reserve's policy decision. The 7-year rate TMUBMUSD07Y, 2.139% was at 2.13% Tuesday afternoon, while the 10-year rate tmubmisd10y traded around 2.12%. Inversions tend to eventually spread out to more widely followed parts of the curve --- like the gap between 2-year and 10-year rates. An inversion of the 2s10s spread is typically seen as a harbinger of U.S. recession.
https://www.marketwatch.com/story/fresh-part-of-treasury-yield-curve-inverts-with-7-year-rate-trading-above-10-year-yield-2022-03-15
https://www.marketwatch.com/investing/bond/TMUBMUSD07Y
https://www.marketwatch.com/investing/bond/tmubmusd10y
BWAHAHAHAHAHAHAHA!!!
>This is being used as an exit for the big boys
And there you habs it on the NAS
2.60B transaction dhere
Let's look at Yerp nao-right at sunset
RAF RRR7225 Rivet Joint on it's usual eastern Polish border trackin' pattern
Dutch AF MMF20 A300 MRTT trackin as the refueler
NATO01 E-3 TF Sentry AWACS heading nw after it's customary infinity pattern traces over eastern Poland
NCHO223 USAF DC-10 extender over Romania this took over from LAGR250 who is now over Venice, Italy @34k ft
HERKY42 and HKY21 USAF C-130 Super Hercules east from Ramstein
RAF RRR4944 A400M es from RAF Brize Norton
Italian AF IAM4679 C-130 ws from Rzesow Poland "delivery"
Three US Army Blakchawks ON, 1620832 and R20858 south and east of Poznan, Poland
>onions
funny you mention dhat
Mrs. G just chopped a shitload of doze an dehydrating them nao-plugged in outside of course,
Aye
gots Garlic, Basil, Rosemary...lots of stuff that gonna be used later
That her department
Jake Sullivan departing Paris
>>130364 pb
SAM524 USAF C-32A departure at Le Bourget Airport Paris after a ground stop of about 6 hours and inbound from Rome earlier
Readout of National Security Advisor Jake Sullivan’s Meeting with Politburo Member Yang Jiechi
National Security Advisor Jake Sullivan met today with Chinese Communist Party Politburo Member and Director of the Office of the Foreign Affairs Commission Yang Jiechi in Rome, Italy. Their meeting followed up on the November 15, 2021 virtual meeting between President Biden and President Xi. Mr. Sullivan raised a range of issues in U.S.-China relations, with substantial discussion of Russia’s war against Ukraine. They also underscored the importance of maintaining open lines of communication between the United States and China.
https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/14/readout-of-national-security-advisor-jake-sullivans-meeting-with-politburo-member-yang-jiechi-2/
SAM484 USAF G5 on 'final' but on ground for about 20 minutes already at Austin Int'l Airport from JBA depart
BOXER5:5 USAF C-40C on descent for Dallas from JBA depart
been doing the canning for about 2 years and the dehydration for about 6 months
We'ze prepared-she ON IT
Stopped dhat.
Not effective enough with problems plus if/when go to "pain mgmt" dhey gonna test and instantly NOT allow the continuation of unfortunately needed meds for that.
Wish it worked on same level but does not.
BOXER55 to Majors Airport so getting some upgrades or major maintenance
L-3 located here
All the big Boys go here for upgrades and/or maintenance that cannot be completed in other locations or between flights (normal maintenance and upkeep) so unless it's just a pick up it may be here for a bit
Secretary General announces extraordinary NATO Summit
I have convened an extraordinary meeting of Allied Heads of State and Government on 24 March 2022 at NATO Headquarters in Brussels, Belgium.
We will address the consequences of Russia’s invasion of Ukraine, our strong support for Ukraine, and further strengthening NATO’s deterrence and defence in response to a new reality for our security.
At this critical time, North America and Europe must continue to stand together in NATO.
https://www.nato.int/cps/en/natohq/news_193226.htm
off for a bit
back when able