tyb
Around 1 hour before sunset look at Yerp
REDEYE6 USAF E-8C Joint STARS heading back to Ramstein
Italian AF IAM4673 C-130 Hercules sw from Rzesow Airport
LAGR271 USAF KC-135 tanker heading se from Spangdahlem AB depart
NATO11 E-3TF Sentry AWACS over it's customary ne Romania position
NCHO221 USAF DC-10 extender as the mobile filling station over Romania
German AF PRIMR62 A400m protecting supply lines outta Bucharest and trackin' jusst north of Bicahrest
VIPER41 USAF F-16 headingback to Aviano AB
Canadian AF CFC4227 C-130 Super Hercules south from Rzesow Airport after drop off and heading back to Athens
Further west we have ESSO75 USAF KC-135 Stratotanker done with refueling traces west of Hamburg and Bremen and heading back to Geilenkirchen AB
NATO01 E-3TF Sentry AWACS sw along Dutch coast
PICO60 and 61 KC-46A Pegasus tankers se over London from Moron AB, Spain
Russia to Pay $2 Billion Bond in Dollars to Foreign Investors
-
Russia plans to use dollars to repay foreign investors in a $2 billion bond maturing next week, according to a person familiar with the matter.
The Finance Ministry launched a buyback on Tuesday in rubles, aimed at ensuring local investors get paid. Foreign investors will receive dollars as planned, said the person who asked not to be identified because they aren’t authorized to speak publicly. Despite warnings from credit-rating agencies, Russia has so far continued to pay its foreign bonds, though payments have often been delayed. Some investors in Russia’s 2035 sovereign eurobond said they had received interest that was originally due on Monday.
The next test will come on Thursday, when the nation faces an $87.5 million coupon payment on notes maturing in 2030.
https://www.bnnbloomberg.ca/russia-to-pay-2-billion-bond-in-dollars-to-foreign-investors-1.1745330
This is being reported as payment in $s so we'll see what actually transpires here because it is the ubiquitous "person familiar with the matter" as a source.
This is not uncommon in the financial world cause those "familiar people" or "not authorized to speak publicly" like to stay alive.
All you need to do is look at how many people who went on record about JP Morgan/AIG/Goldman Sachs/Merrill/ etc.ended up ded.
Inflation has lessons for a ‘very entitled generation,’ says BlackRock co-founder
An “entitled generation” is about to face some life lessons from soaring consumer prices.
That’s according to BlackRock BLK, 0.43% President Rob Kapito, who made the remarks at a Texas Independent Producers and Royalty Owners Association conference in Austin, as reported by Bloomberg. “For the first time, this generation is going to go into a store and not be able to get what they want,” said the co-founder of the world’s biggest asset manager. “And we have a very entitled generation that has never had to sacrifice.”
Consumer price inflation last month clocked in at a 40-year high of 7.9% year-over-year, with the Federal Reserve warning that higher prices may stick around for at least the next three years.
Kapito urged consumers to “put on their seat belts,” to cope with “scarcity inflation” as a lack of workers, housing availability and some commodities supplies takes a toll on the economy.
Recent Fed data has shown U.S. millennials have more than doubled their wealth since the pandemic started, though they remain far behind the Boomer generation. One tweeter pushed back against the BlackRock executive, zeroing in on his not-shoddy compensation, which reportedly came to $22.1 million in 2021.
https://www.marketwatch.com/story/inflation-has-lessons-for-a-very-entitled-generation-says-blackrock-co-founder-11648637024
Said the man worth $203,325,464-and that is just Blackrock equity holdings.
https://www.secform4.com/portfolio-holdings/1059246.html
Salary of Robert Kapito
As the President and Director of BlackRock, the total compensation of Robert Kapito at BlackRock is $19,257,000.
https://wallmine.com/lse/0qzz/officer/1848545/robert-kapito
Only "Larry" makes moar at $24,308,300.
hello UK anon
good to see you
Sounds like some disagreement-can you give a little moar detail as to what both sides are saying when one side says it's "there" and the other says "I don't see it"
As to say how does that change the outcome of the overall result of what you are trying to show.
Trying to put all I've seen about this together and understanding where the two sides stand as to the outcome of seeing it vs not.
Forgive if asking what may appear to be dumb question but I've been a bit compromised for last few months and trying to get this correctly...so this is muh issue not yours.
You do great work so I'm just trying to process it a bit better
ok understand a bit moar and ty for clarity.
Quite difficult to actually pin it down so kudos to you and the group for getting this far.
>why was it never fixed before? That’s the current disagreement. We’ll get over it.
kek
That's wut I needed cause not been privy to all the discussions
ty again
ICE Weighs Moving Its London CDS Clearinghouse to Chicago
The Intercontinental Exchange Inc. is considering moving its European clearinghouse for credit-default swaps to the U.S. The firm is in talks with clients to shift its London facility to Chicago, where the majority of its clearing already takes place, according to people with knowledge of the discussions. Plans aren’t finalized and could change based on feedback and other logistics, one of the people said, asking not to be identified discussing a private matter.
The move would follow a trend in the CDS market, where the majority of clearing already occurs in the U.S. ICE clears about 95% of the corporate and sovereign CDS market, mostly in Chicago and about 10% in London, according to its website. A representative for ICE declined to comment. The proposed plans were reported earlier by Reuters.
ICE, also parent of the New York Stock Exchange, is a major clearinghouse for CDS contracts across the globe. It’s an intermediary between buyers and sellers, responsible for settling trading accounts, clearing trades, and functions such as delivery and reporting trading data.
The company began clearing credit-default swaps contracts in the U.S. and London in 2009 during the financial crisis. Its Clear Credit unit in Chicago is responsible for the U.S., while ICE Clear Europe is its London facility. The London Stock Exchange has its own clearinghouse, known as LCH.
The Clear Credit unit is recognized by European regulators, so it can handle CDS trades for European Union customers from Chicago.
https://www.bnnbloomberg.ca/ice-weighs-moving-its-london-cds-clearinghouse-to-chicago-1.1745397
The bulk of what they call clearing is already happening at Chicago location (they say) but can't help but think about this move to another location and compare it with another famous"move" and it's results.
Remember that the DTCC moved from Chicago to New Jersey in 2012 and even though the bulk of the EE's were moved to the New Jersey location they secured a location for the actual storage of the certificates in Lower Manhattan
excerpt from 2009 release that announced this move when lease expired in 2012
"DTCC will retain a headquarters location and approximately 700 employees in lower Manhattan, as part of its ongoing and long-standing commitment to New York City and State."
https://www.njeda.com/dtcc-announces-plans-to-relocate-a-significant-portion-of-northeast-staff-to-new-jersey/
Once that move was completed (to a below the water table location at 55 Water St.) Super Storm Sandy was shoved up it's ass to create this "issue"
DTCC Says Trillions in Stock Certificates Damaged in Sandy Floodwaters
Unlike 99.9% of investors, most SD readers are aware (or should be) that unless you have physically taken possession of your equity shares, the actual owner is the Depository Trust & Clearing Corp. (DTCC).
CNN Money has reported that the DTCC vault holding trillions of dollars in equity certificates was breached in the Sandy flood-waters, and trillions in stock certificates and other paper securities may have suffered damage.
While the jokes relating to vaporization of assets from Hurricane Sandy were centered on the gold stored 60 feet below the NY Fed, it appears that in reality, Sandy may have destroyed portions of millions of Americans’ 401k’s, pensions, and stock accounts.
https://www.silverdoctors.com/gold/gold-news/dtcc-says-trillions-in-stock-certificates-damaged-in-sandy-floodwaters/
So the rumor was that after the water receded they opened up the vault to dry it out and then it accidentally caught fire cause it did not cause enough damage....so instantly they had a "legitimate" reason to not have these any longer-which they din't in the first place
moar on the DTCC here-it's long
DTCC Banking Scam
https://themillenniumreport.com/2016/03/dtcc-banking-scam/
and the Queen of the CDS market
How Blythe Masters pioneered the credit default swap
https://moneyweek.com/316602/profile-of-blythe-masters
Jamie Dimon Collects $56 Million After Old Incentive Snowballs
Jamie Dimon just received almost $56 million of JPMorgan Chase & Co.’s stock, before taxes, from an incentive program the bank valued at less than half that much just three years ago.
The chief executive officer collected 398,708 shares last week from a performance award dating to January 2019, according to a regulatory filing. When the board initially created the package it comprised 243,697 shares, and the company said it could rise by as much as 50% if JPMorgan hit certain performance targets.
Then the bank did. And the stock rose. And the company added dividends, too.
The result topped the prior year’s incentive award, which was worth about $51 million when it paid out last March. The latest windfall was helped by the financial industry’s surging business during the pandemic. In both cases, the stock is subject to an additional two-year holding period before he’s allowed to sell it, filings shows.
“This is highly restricted performance-based compensation granted and reported three years ago,” said Joe Evangelisti, a JPMorgan spokesman.
The equity-linked award was the biggest part of Dimon’s $31 million compensation package for his work in 2018. The number of shares grew over the years as the bank met targets for return on equity, a measure of profitability, and as it paid out dividends in the form of stock. Meanwhile, the share price has climbed about 38% since the target was set. Had it gone down, the payout could have fallen short of the initial value.
Still, Dimon won’t be keeping a significant portion of the money. More than half of the shares were withheld last week for taxes.
https://www.bnnbloomberg.ca/jamie-dimon-collects-56-million-after-old-incentive-snowballs-1.1745483
whatever the amount ends up being "after taxes" it's still way too much. Especially since this douche should have been in jail long ago.
House Subcommittee Drops a Bombshell: It Will Hold a Hearing Next Tuesday on U.S. Banks’ Role in Financing “the Horrors of Slavery”
The hearing set for next Tuesday at 2 p.m. by the House Financial Services’ Subcommittee on Oversight and Investigations is certain to have brought all of the public relations flacks into a huddle at JPMorgan Chase – home to an unprecedented five felony counts and the Teflon guy, Jamie Dimon, who still manages to get good press despite overseeing a financial crime spree for 16 years while becoming a billionaire in the process. The hearing is titled: “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement.” It is certain to look at the notorious, previously disclosed role of JPMorgan Chase’s predecessor banks.
In 2005, JPMorgan Chase was forced to acknowledge that two of its subsidiaries, Citizens’ Bank and Canal Bank in Louisiana, had accepted slaves as collateral for loans and when the holders of the loans defaulted, it actually took ownership of the slaves. The two subsidiary banks had served plantation owners from the 1830s to approximately 1865 when the civil war ended. JPMorgan Chase estimated that the two subsidiaries had accepted an estimated 13,000 slaves as collateral and had ended up owning about 1,250 slaves as a result of defaulted loans. The revelations from JPMorgan Chase came about as a result of an ordinance passed in Chicago in 2003 that required companies doing business with the city to research their history to determine any past ties to slavery. Wall Street banks were also involved in selling securities to finance the expansion of slave-run plantations in the southern United States. Alan Singer reported in 2017 at the Huffington Post that the predecessor bank to today’s Citigroup’s Citibank “was headed by a banker and sugar trader named Moses Taylor who was deeply involved in financing the illegal 19th century trans-Atlantic slave trade smuggling Africans into Cuba.”
While there is still much sunshine that needs to shine on Wall Street’s role in perpetuating slavery in the United States, New York City’s dismal role received more attention on June 27, 2015. On that date then New York City Mayor Bill de Blasio dedicated a memorial plaque at a site just two blocks from the New York Stock Exchange where thousands of enslaved men, women and children had been bought and sold at a Wall Street slave market that operated from 1711 to 1762. The plaque states in part: “Slavery was introduced to Manhattan in 1626. By the mid-18th century approximately one in five people living in New York City was enslaved and almost half of Manhattan households included at least one slave.” According to an article published in 2015 by the New York Public Library, “the slave market on Wall Street closed in 1762 but men, women, and children continued to be bought and sold throughout the city.” The article also reveals this shocking history about New York City: “By 1730, 42 percent of the population owned slaves, a higher percentage than in any other city in the country except Charleston, South Carolina. The enslaved population—which ranged between 15 and 20 percent of the total — literally built the city and was the engine that made its economy run.” Wall Street banks are still the last plantation in America. They run their own private justice system that locks claims out of the nation’s courts. (See Wall Street’s Kangaroo Courts Perpetuate a Business Model of Fraud.) Discrimination against minorities is still rampant on Wall Street. Stroll through any one of the major Wall Street brokerage offices – such as Merrill Lynch or Morgan Stanley – and you will observe a sea of white males sitting in the glass-paneled offices with women mostly relegated to clerical desks outside those offices. Black brokers, male or female, are still a rarity at Wall Street brokerage firms.
Let’s hope that these aspects of Wall Street also become part of the conversation at the hearing on April 5.
https://wallstreetonparade.com/2022/03/house-subcommittee-drops-a-bombshell-it-will-hold-a-hearing-next-tuesday-on-u-s-banks-role-in-financing-the-horrors-of-slavery/
You know EXACTLY where this is going.....
SAM565 USAF C-32A Blinken returning to JBA after departing Warsaw to Tel Aviv on 0326 then to Rabat, Morocco on 0338
Departed Rabat for Algers earlier today for a ground stop of a little moar than 8 hours then back to JBA
Blinken urges Algeria re-think on Russia, Western Sahara
https://www.theintelligencer.com/news/article/Blinken-urges-Algeria-re-think-on-Russia-Western-17042916.php
The kids have to wear masks but he doesn't.....
pic in article
SAM565 USAF C-32A Blinken returning to JBA after departing Warsaw to Tel Aviv on 0326 then to Rabat, Morocco on 0338
Departed Rabat for Algers earlier today for a ground stop of a little moar than 8 hours then back to JBA
Blinken urges Algeria re-think on Russia, Western Sahara
https://www.theintelligencer.com/news/article/Blinken-urges-Algeria-re-think-on-Russia-Western-17042916.php
The kids have to wear masks but he doesn't.....
pic in article
RCAF CFC1 CL600 departed Williams Lake Airport after a ground stop of about 5 hours
Trudpe going back to Ottawa after.....
Arrived at Vancouver B.C. yesterday
Feds provide additional $2.9 million to Williams Lake First Nation after discovery of unmarked graves
Prime Minister Justin Trudeau announced on Wednesday that the government will provide an additional $2.9 million in funding for Williams Lake First Nation in B.C. to support their work in searching for further unmarked, graves and documenting the reality of residential schools system and supporting survivors. The announcement comes as Trudeau visited the site of a former school where 93 “reflections” indicating unmarked graves, were found.
https://globalnews.ca/video/8723287/feds-provide-additional-2-9-million-to-williams-lake-first-nation-after-discovery-of-unmarked-graves/
Biden Team Weighs a Massive Release of Oil to Combat Inflation
The Biden administration is weighing a plan to release roughly a million barrels of oil a day from U.S. reserves, for several months, to combat rising gasoline prices and supply shortages following Russia’s invasion of Ukraine, according to people familiar with the matter.
The total release may be as much as 180 million barrels, the people said, speaking on condition of anonymity ahead of an official move. The plan is accompanied by a diplomatic push for the International Energy Agency to coordinate a global release by other countries. A final decision hasn’t been reached on the global release, but the White House may make an announcement on the U.S. release as soon as Thursday, one of the people said. West Texas Intermediate futures dropped as much as 5.5% on Thursday on signs the U.S. was considering the release. The White House said in a statement that President Joe Biden would speak Thursday about his efforts to reduce energy prices “and lower gas prices at the pump for American families,” which it blamed on Russian President Vladimir Putin. The statement didn’t elaborate, and White House spokespeople didn’t immediately comment.
Biden is under pressure to slow the pace of inflation and reduce gasoline prices in particular with the approach of U.S. midterm elections in November. Despite the administration’s assurances last year that pump prices would fall in 2022, they have instead risen dramatically, with gasoline in California currently costing nearly $6 a gallon, according to the auto club AAA. The national average is $4.24, according to the group. Biden has already ordered two large releases of oil from U.S. reserves in the past six months 50 million barrels in November, and another 30 million barrels in March, after Russia’s invasion. The previous releases have had a muted effect on prices U.S. average pump prices rose after the administration began discussing its first release last fall. The Biden administration has at the same time also struggled to coax OPEC nations to increase production enough to reduce U.S. gasoline prices. Although oil in the stockpile has been sold or exchanged roughly two dozen times, including to mitigate supply disruptions, reduce the deficit and offset federal spending, it’s never been on this scale.
Biden discussed oil supplies and the potential for another round of releases from reserves during meetings with allies in Europe last week, according to National Security Adviser Jake Sullivan, who said the issue was a “major topic of conversation” at a meeting of the G-7. In Europe, Biden also announced an agreement with the EU to provide the bloc with 15 billion more cubic meters of liquefied natural gas this year, to reduce the continent’s dependence on Russian supplies. EU nations have been putting in place plans to phase out their dependence from Russian energy exports. Russia, the world’s second biggest crude oil exporter, provides the EU with more than 40% of its total gas consumption, and also accounts for 27% of oil imports and 46% of coal imports, according to EU figures. Putin has recently demanded that countries pay for gas in rubles. G-7 nations have said they will not do that as it would be in breach of contracts. The threat has however raised concerns that the Kremlin could retaliate by cutting supplies, one of the people said.
https://www.bnnbloomberg.ca/biden-team-weighs-a-massive-release-of-oil-to-combat-inflation-1.1745515
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
A few hours before sunset look at Yerp/Middle east/Russia
Let's start with the Russian AC to the north
Russain AF RDS077 Tupolev 214 Special Flight Detachment (probably the M.O.D) out and back to Moscow
then head for the middle east
French AF CTM1035 A330 departed Bagdad Int'l north after a ground stop of about 3 hours-It is on the ground now at Mosul
This AC was been in north and central Africa and had some stops at Amman. Jordan and Beirut over the last 2 weeks
Israeli AF ZORO Nachshon Eitam SIGINT up from Nevatim AB and heading east over northern Greece
Israeli AF 684 Nacshon Shavit SIGINT G550 nw over Cyprus at 41k ft also fromo Nevatim AB
Egyptian AF SUBPF G4 sw from Cyprus after arriving on 0328 from Cairo-heading back to Cairo
French AF CTM1040 A330 nw from Al Dhafra AB, Dhabi after arriving on 0330 from Paris
Swiss AF SUI555 Cl-600 nw from Kosovo-back to Zurich
LAGR250 USAF KC-135 Stratotanker en from Rota NB, Spain
NATO01 E-3TF Sentry AWACS in it's standar eatern Poland location
60-0044 USAF B-52 Stratofortress heading sw after some trackin' north of Warsaw
JAKE12 USAF Rivet Joint done with it's normal routine over eastern Poland
Canadian AF CFC4064 C-17 Globemaster departed Rzesow Airport after an offload
RCH898 USAF C-17 Globemaster en from Ramstein (prolly to Rzesow)
PICO63 and 62 KC-46 Pegasus tankers ne from Moron AB, Spain
82-8000 USAF 747 returning to JBA after a low altitude pass at Richmond ,VA area-doesn't look like an airport fly-by but it was at about 1800 ft. just east of the city
KECK230 USAF C-17 Globemaster ws from JBA
Last day of the month to get hours in so expect the sky to be busy today
Mkt Fag: Some input on the 1st Qtr close today
Today at 1:30pm EST the input prices for Ag and Au (as well as the rest of the market pricing data) will be used to produce the O.C.C. derivatives report
>>131558 O.C.C Quarterly Derivatives Report Q4 2021-March25th, 2022-Silver derivatives increase BofA/JPM abut equal on opposite sides of the trade
We've also had two down days in the market-yesterday and if today holds as well. Looks like J-J-J-Janet just showed up on the NAS (1.87B share transaction) approximately 2 minutes before the European close-see cap#2 so unlikely that NAS is going to close with a loss-but it's still relatively early.
What likely went on yesterday and today is that all the shit assets that these entities (big banks/hedge funds/bucket shops etc) hold for the quarter and don't want on the books for today's close are tossed to another entity so that they are NOT on record for today's qrtly print. This is yet another trick they use to not have to account for losses they play and has been going on for many years. You usually see big volume(s) on the first day of the next or new qtr because some of those shitty assets are then sold back to the original holders. This is why some of these banks never reported ANY trading losses for a long time as those "losses' are not on the books on the qrtly close date only to be returned in the days after the next qtr begins.
Now with the Ag issue-todays "last" price will be used for the calculations of the OCC derivatives report for Q1 2022 that we will not see until a few days before the close of the 2nd qtr-right around the end of June and since it's almost 3 moths old (and this is true for all of these reports from them) much can and does habben in the ensuing time frame. This is also a complaint I have had for many years as there is simply no excuse for this and the 13-fs that are produced to show who owns what, how much has changed, increase/decrease of positions..etc to be delayed by almost a full qtr. With modern computing power these should be available within days of the qtr closing.
I've seen PLENTY of articles,videos etc that are so confident that triple digit silver is just around the corner...highly hilarious as saying that continues to ignore the above OCC data that, at this point, shows we have a "mexican stand-off" that is allowed by the regulator at levels not ever seen before.
Keep in mind that the Hunt Brothers were "busted" (and hauled in front of Congress no less) for having around 110m ozs of Ag via physical and COMEX contracts and that doesn't even come close to one side of the OTC positions that have been allowed at JP Morgan and BofA.
I would love to see triple-digit silver (have been waiting a long time for it) this will simply not be allowed because of the dynamics that are not only allowed but continually condoned by the CFTC....if you actually enforced position limits this would not be an issue....but you don't and never will so it is.
One of the "experts" (cough Bix Weir) doesn't even know what the EFP portion of the COMEX data represents..they have said it is an exchange for physical when all you have to do is click on the button and it produces this "An exchange for physical trade (EFP) is a privately negotiated and simultaneous exchange of a futures position for a cash position.
Cash payoffs are not an exchange for physical
So no "bix" they are NOT getting physical silver and washing it through the LBMA as you state...you should try reading what it says before you open your yap.
This is also the same one who thought that the U.N. "blessing" litecoin via some recognition process in 2018 was a good thing...sorry BW you used to be ok with your research on the Ag games but you jumped the shark when you became a crypto-tard.
ok
A little sore-walking moar so gonna habs that
Still can't do much lateral work ala side-side...that SUCKS so I've held off but doing what I can.
Sounds like you got the tribe settled for the moment...
aside from dat you good?
U.S. Oil Curve Flattens as Strategic Release Blunts Supply Risk
The U.S. oil futures curve is already starting to weaken on the expected wave of oil supplies from the U.S. Strategic Petroleum Reserve.
West Texas Intermediate crude futures for immediate delivery were trading more than $5 a barrel above the next-month price a few weeks ago - a level that indicates traders are willing to pay a huge premium to secure prompt supply. That gap dropped to as little as $1.63 after Bloomberg reported that the Biden Administration may release as much as 180 million barrels of oil from the strategic reserve.
The release, which was officially announced Thursday, comes as President Joe Biden is under pressure to slow inflation to reduce gasoline costs ahead of the midterm elections in November. It also comes after U.S. has unsuccessfully tried to persuade OPEC+ to raise output to help ease prices. Thursday the alliance approved on the previously announced modest supply increase.
Traders are weighing whether there is adequate infrastructure in place to be able to release 1 million barrels a day of oil into the market. The U.S. is only capable of delivering 400,000 to 500,000 barrels a day of oil from the strategic reserve, said Saad Rahim, Trafigura Group Pte Ltd. Chief Economist Thursday on Bloomberg TV.
The gap between prompt WTI futures and oil for delivery six months later also fell, dropping to as little as $8.46 a barrel - the smallest gap in more than two weeks.
https://www.bnnbloomberg.ca/u-s-oil-curve-flattens-as-strategic-release-blunts-supply-risk-1.1745857
What is Contango still exists for $1000 Alex...
Biden to mark Transgender Day of Visibility with new actions
President Joe Biden is commemorating Transgender Day of Visibility by celebrating prominent transgender Americans and advocating against what his administration terms “dangerous anti-transgender legislative attacks" that have passed in statehouses across the country.
Biden on Thursday is announcing new measures aimed at making the federal government more inclusive for transgender people, including a new “X” gender marker on U.S. passport applications beginning on April 11 and new Transportation Security Administration scanners that are gender-neutral. The president's administration is working to expand the availability of the “X” gender marker to airlines and federal travel programs and will make it easier for transgender people to change their gender information in Social Security Administration records.
Visitors to the White House will soon also be able to select an “X” gender marker option in the White House Worker and Visitor Entry System, which is used to conduct screening background checks for visitors to the executive mansion. At airports, there will changes to screening scanners as well as the use of an “X” for travelers going through Precheck who do not identify as male or female. TSA officers will receive new instructions on screening intended to make procedures less invasive. The TSA will work with airlines to promote the acceptance of the “X” gender marker.
https://www.wdsu.com/article/biden-marks-transgender-day-of-visibility/39594609#
#891
>>131971, >>131973, >>131982 anon submits a decode
>>131975 Russian Foreign Ministry Releases Alleged “BioBiden” Timeline of US Bioresearch in Ukraine-gatewaypundit
>>131991 The Department of Defense Just Got Caught Lying About Vaccine Injuries-US District Courth for N. Aalabam-emeralddb3 Mar30
>>131993, >>132007, >>132012, >>132015, >>132017, >>132021, >>132024, >>132036, >>132038, >>132039, >>132042, >>132047, >>132049 pf reports(s) Weds into Thursday-Yerp/AFSOC C-32B west/SAMs/Blinken returns after Tel Aviv-Morocco-Algeria trip/Weds look at Yerp before Sunset/B-52 at low alt over Czech border
>>131994 Russia to Pay $2 Billion Bond in Dollars to Foreign Investors-bnnBBerg
>>131999 Inflation has lessons for a ‘very entitled generation,’ says BlackRock co-founder and Mr Kapito's Blackrock equity holding and salary
>>132000, >>132001, >>132002, >>132003, >>132005, >>132006, >>132008, >>132011 UK anon update on dig
>>132009 ICE Weighs Moving Its London CDS Clearinghouse to Chicago + background on another famous "move" and it's results (DTCC to 55 Water St and why) History of DTCC and "blythe" the CDS queen bnnBBerg/njeda/silverdoctors/moneyweek
>>132010 Trump says 'US is like a third world country' because grocery stores 'don't have BREAD'-dailymail via soc. media
>>132013 Jamie Dimon Collects $56 Million After Old Incentive Snowballs-bnnBBerg
>>132014 muh reparations news: House Subcommittee Drops a Bombshell: It Will Hold a Hearing Next Tuesday on U.S. Banks’ Role in Financing “the Horrors ofSlavery”-wallstonparade
>>132021 Trudope left Williams Lake after: Feds provide additional $2.9 million to Williams Lake First Nation after discovery of unmarked graves
>>132022, >>132048 Biden Team Weighs a Massive Release of Oil to Combat Inflation
>>132025 @ Rep Boebert "Let's see what Democrats really value..." thehill via soc. mdeia (unsauced)
>>132044 Mkt Fag: Some input on the 1st Qtr close today re: Input pricing and silver "experts"
>>132050 Biden to mark Transgender Day of Visibility with new actions-wdsu
Caitlyn Jenner Is Hired by Fox News as a Contributor
Caitlyn Jenner, the transgender former Olympic gold medalist, reality TV star and gubernatorial candidate in California, will join Fox News as a contributor starting on Thursday.
Jenner will make her first appearance as a regular commentator for the network on the “Hannity” show, Fox News said in a statement. She will offer commentary and analysis across Fox News Channel programming and various Fox News Media outlets.
“I am humbled by this unique opportunity to speak directly to Fox News Media’s millions of viewers about a range of issues that are important to the American people,” Jenner said in the statement.
The flagship cable channel of the Rupert Murdoch-controlled Fox Corp., Fox News finished the first quarter with an average of more than 2.5 million viewers a night in prime time. That’s double its closest cable news rival, Comcast Corp.’s MSNBC.
Fox News commentators have been public critics of Walt Disney Co.’s decision to oppose a Florida law that bans discussion of sexual orientation and gender identity in schools with kids younger than fourth grade.
“Caitlyn’s story is an inspiration to us all,” Fox News Chief Executive Officer Suzanne Scott said in the statement. “She is a trailblazer in the LGBTQ+ community and her illustrious career spans a variety of fields that will be a tremendous asset for our audience.”
https://www.bnnbloomberg.ca/caitlyn-jenner-is-hired-by-fox-news-as-a-contributor-1.1745907
Just in time for election season
US Special Envoy for Climate John Kerry arrives in Mexico this Thursday
This is the second visit of the senior US official in less than two months. This Thursday, the US government's Special Envoy for Climate, John Kerry, arrives in Mexico to meet with President Andrés Manuel López Obrador, on what represents his second visit in just under two months.
Although the official agenda says that Kerry's visit is to continue bilateral talks between Mexico and the United States to accelerate the fight against climate change, the fact is that the presence of the senior US official has generated great expectations. And it happens only a few days after the head of the US Northern Command, Glen Van Herck, assured that the largest number of Russian intelligence agents are in Mexico. “I would like to point out that most of the GRU (Glavnoye Razvedyvatelnoye Upravlenie) members in the world are in Mexico at the moment. Those are Russian intelligence personnel. And they are closely monitoring their opportunities to have influence in the United States,” he said when he appeared before the Senate of the American Union on Thursday, March 24.
The next day, President Andrés Manuel López Obrador said that Mexico “is not a colony of Russia, nor of China, nor of the United States.”
“It's a statement. We are not going to question anything, we are respectful of the free manifestation of ideas. Mexico is a free, independent, sovereign country... it must be known more and more because sometimes it seems that it is not understood enough, we must send them telegrams warning them that Mexico is not a colony of any foreign country, that Mexico is a free, independent and sovereign country. That we are not a colony of Russia, nor of China, nor of the United States,” he emphasized at his morning conference on Friday, March 25. López Obrador stressed that he has no information about the alleged presence of Russian spies, but emphasized that Mexico does not allow anyone to commit illegal activities on national soil.
During his morning conference on Wednesday, March 30, López Obrador was directly questioned for his opinion on Russian President Vladimir Putin, who invaded Ukraine for more than a month, leaving thousands dead so far. “He is a leader,” said President López Obrador. “I don't rate anyone. It is not Mexico's policy to insult anyone, any government (...) Mexico is respectful of all governments and is not a colony,” he said. But Kerry's arrival also happens at another crucial moment: it comes a few days before the discussion of electricity reform, an issue on which the United States has publicly expressed its concern. According to an information card from the US department, the official will visit Mexico City (CDMX) this Thursday to meet with Andrés Manuel López Obrador, U.S. officials and businessmen living in the country.
The last time the Mexican president met with Kerry was on February 9, when they agreed to “greatly increase” the potential for producing clean energy and form an inter-agency task force like the one they integrated on security issues. That meeting had another precedent: it happened days after the US ambassador to our country, Ken Salazar, openly endorsed President Andrés Manuel López Obrador's electricity reform initiative, assuring that the president “is right” to want to implement changes in the sector. The US ambassador's statements came after in January, US Energy Secretary Jennifer Granholm expressed Washington's “concerns” about the “potential negative impact” of electricity reform. The initiative, which is intended to be discussed in the Chamber of Deputies in the middle of Holy Week - after the Mandate Revocation to be held on Sunday, April 10 - aims to limit private participation in electricity generation to 46% in favor of the Federal Electricity Commission (CFE), a state-owned company , with 54 per cent. In addition, it is also intended to review previous contracts with private companies, prioritize CFE plants over renewable energy plants held by private individuals, as well as eliminate autonomous energy regulators, among other points.
moar
https://www.infobae.com/en/2022/03/31/whats-up-with-john-kerry-us-special-envoy-for-climate-arrives-in-mexico-this-thursday/
Lurch looking pretty rough dhere...
CIA director tests positive for COVID-19, has mild symptoms
CIA Director William Burns has tested positive for COVID-19, according to an agency statement Thursday.
The statement said Burns is experiencing mild symptoms and working from home, with plans to return to the office after five days and testing negative. The director is fully vaccinated and boosted.
Burns last met with President Joe Biden on Wednesday morning in a socially distanced meeting where the director wore an N-95 mask. The agency says Burns is not considered a close contact of the president by Centers for Disease Control and Prevention standards. The nature of the meeting was not disclosed by the CIA.
Biden is not known to have tested positive for the virus since the pandemic began. Several people in recent weeks have tested positive for the virus shortly after seeing the president, including press secretary Jen Psaki, deputy press secretary Karine Jean-Pierre and Irish Prime Minister Micheál Martin.
https://www.ksat.com/news/politics/2022/03/31/cia-director-tests-positive-for-covid-19-has-mild-symptoms/
>Today at 1:30pm EST the input prices for Ag and Au (as well as the rest of the market pricing data) will be used to produce the O.C.C. derivatives report
here is what they will use (roughly) as it's been pretty stagnant excepting Tuesdays drop and recovery (blue lines)
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
Kremlin decree: Foreign currency can still buy natural gas
Russia will accept ruble payments starting Friday for Western countries imposing sanctions amid war on Ukraine. "Unfriendly countries" can continue to pay for natural gas in foreign currency through a Russian bank that will convert the money into rubles, according to a Kremlin decree published by state media Thursday, a day after the leaders of Italy and Germany said they received assurances from President Vladimir Putin.
Putin talked tougher, saying Russia will start accepting ruble payments starting Friday for Western countries that imposed sanctions over its conflict with Ukraine. He said contracts will be stopped if buyers don’t sign up to the new conditions, including opening ruble accounts in Russian banks. "If these payments are not made, we will consider it a failure of the buyer to fulfill its obligations, with all the ensuing consequences," Putin said.
The decree Putin signed and published by state news agency RIA Novosti says a designated bank will open two accounts for each buyer, one in foreign currency and one in rubles. The buyers will pay in foreign currency and authorize the bank to sell that currency for rubles, which are placed in the second account, where the gas is formally purchased.
Speaking shortly after Putin’s announcement, German Chancellor Olaf Scholz gave a noncommittal initial response to Russia’s new conditions. He said the gas contracts stipulate payment mostly in euros and sometimes in dollars. He said he made clear to Putin in a phone call Wednesday "that it will stay that way." "What his ideas are for how this can happen is what we will now look at closely," Scholz told a reporters in Berlin. "But in any case, what goes for companies is that they want to and will be able to pay in euros."
Italian Premier Mario Draghi said earlier Thursday that he had also received assurances from Putin that Europe would not have to pay in rubles and diffused fears that Moscow would cut off supplies of gas used for heating and electricity. Draghi said Putin assured him during a 40-minute phone call Wednesday evening that "existing contracts remain in force. ... European companies will continue to pay in dollars and euros."
Putin announced last week that Russia will demand "unfriendly" countries pay for natural gas only in Russian currency, instructing the central bank to work out a procedure for buyers to acquire rubles in Russia. That sent already high gas prices even higher amid fears it could be a prelude to a natural gas shutoff, which could disrupt Europe’s economy and hurt Russia’s finances. The Group of Seven major economies, including Italy and Germany, agreed to reject the demand.
https://www.foxbusiness.com/energy/kremlin-decree-foreign-currency-can-still-buy-natural-gas
Masterful-makes them convert to roubles (setting up accounts) thus guaranteeing flow for it.
German AF GAF894 A350 departed Dallas/Ft. Worth Int'l Airport after an overnight and likely has to do with this below.
Arrived yesterday from Koln
from March 15,2022
Germany purchases 35 new F-35s, partly in response to Russian invasion of Ukraine
Germany is buying Fort Worth-built F-35 fighter jets from Lockheed Martin as it replaces its aging Tornado in a 100 billion Euro deal (about $109.5 billion), according to a tweet from the German ambassador to the U.S. The 35 new F-35s were purchased in part in response to the Russian invasion of Ukraine, according to Reuters, but was also in line with a move already underway to replace the Tornado in Germany’s “nuclear sharing mission in the future,” German Ambassador to the U.S. Emily Haber tweeted.
https://www.star-telegram.com/news/business/article259433304.html
>SAM689 likely heading to MacDill
SAM689 G5 still on ground at MacDill with VV101 US Navy G5 already done at MacDill and back to JBA
PBOC Raises Billions To Bail Out Chinese Banks As Property Sector Teeters On Brink Of Collapse
Earlier this month, Evergrande, China's perennially troubled real-estate developer, announced that foreign lenders had seized more than $2 billion in deposits belonging to one of its subsidiaries in an effort to recoup money owed by the firm. Holders of the company's bonds (which had been in default for weeks) were apoplectic, and the whole incident has once again laid bare the rot at the core of China's property sector (even as Evergrande promised to swiftly produce an emergency debt-restructuring plan, something that was seen as a band-aid on a bullet wound). With the country's property sector teetering on the precipice (keep in mind, a collapse could have global repercussions on par with the Great Financial Crisis, as we have pointed out in the past)...The CCP leadership has reportedly devised a plan to raise hundreds of billions of yuan for a new fund to backstop the country's troubled financial firms in an effort to create a buffer against a punishing property sector default.
I've mentioned this several times..there will not be a hard default on the off-shore bonds as this makes the holders (mostly western banks) unable to carry these bonds on books at mark-to-model..something that they do not wish to change via a declaration of default-eventually it will happen just not until the chinese really want to fuck with them as they know this too.
The People’s Bank of China is leading the effort, seeking to shore up confidence in the $60 trillion financial system as the economy slows and a debt crisis in the property industry spreads. The stability fund would dwarf other pools available to bail out troubled institutions and their depositors. China's banks have been struggling with mounting bad loans for years (of course, the true extent of the threat is masked by the expansive shadow credit system in China, which relies on debt issued by local authorities that isn't entirely reflected in national figures). But ratings agencies have stepped up their warnings, despite the government's best efforts to keep the true extent of the problem under wraps. The latest hint at the dire situation in Chinese credit arrived yesterday, with the release of the latest Beige Book data out of China. As Bloomberg pointed out, the survey - which showed a drop in loan demand due to sky-high borrowing costs - paints "a grimmer picture of credit demand in the corporate sector than the slowdown reflected in the official data." It's the latest sign that the PBOC's efforts to cut rates and encourage refinancing at more favorable rates has reached its limits-kindof sounds a bit familiar doesn't it...kek
And as lockdowns in Shanghai and elsewhere threaten to derail China's economy, it appears the CCP has accepted the fact that - as the old saying goes - desperate times call for desperate measures.
https://www.zerohedge.com/economics/pboc-raises-billions-bail-out-chinese-banks-property-sector-teeters-brink-collapse
Mkt Fag: Pretty fugly one that edition
As we've seen two down days this week-Holy shit not down!!! this will have loaded up the needed short positions talked about here >>131938 pb in cap #2
Overall the first qtr is reflected dis way: Dow fell 4.6% over the first quarter, while the Nasdaq dropped 9.1% and S&P 500 down nearly 5% for the first three months of 2022. So what does that mean in real terms?-about $3T went "poof" in bond and equity values. Remember the week of the FRB prime rate hike they managed to sky the NAS 8% (in four days) and the SP500 6% see here >>130909 pb
So what this means is that when these account statements go out there is gonna be some unhappy people because they are not used to anything but "up". Unless you are parked heavily in commodities as that index was up about 25% and the best performance of that since 1990. So all the the 60/40 portfolio strategies-which is 60% equities and 40% fixed income still managed to suck ballz and people will really start to question that if they actually look at reality and not just listening to the "professionals" that always tell you to not sell.
Cap #2 is YTD on DOW, Cap#3 is YTD on 10 year note-the Yeild collapse evident starting in March withe the 10 year's ascent starting on March 1st. Cap #4 is Oil YTD (hurry Up Aramco!!)
We have the March Jobs report coming out tomorrow and likely will be used as the stick save..plus they are in a new qtr so the shit they have all had to carry (and mostly off-loaded as described earlier today) has been accomplished.
If they are ready to "dump" the mkts this is an opportune time as having a third "down" day-tomorrow-would likely trigger margin calls cause of the leverage involved at this level. Remember that leverage was mistaken as "being smart" in the last run up and dump-nothing has changed in that regard. To be bluntly honest it is much worse
Also keep in mind "they" have never dumped the markets (in a meaningful way) while a democrat has been "in charge". So they have a quandary here..would be the first time so muh guess is that this gets stick saved in some miraculous way using the jobs #'s as the "excuse".
Remember the BLS data is a moving average on the last 10 years of data and does not reflect actualities....
March Employment Preview
On Friday at 8:30 AM ET, the BLS will release the employment report for March. The consensus is for 475,000 jobs added, and for the unemployment rate to decrease to 3.7%. There were 678,000 jobs added in February, and the unemployment rate was at 3.8%. First, currently there are still about 2.1 million fewer jobs than in February 2020 (before the pandemic). The ADP employment report showed a gain of 455,000 private sector jobs, slightly above the consensus estimates of 438,000 jobs added. The ADP report hasn't been very useful in predicting the BLS report, but this suggests a solid March BLS report.
https://www.calculatedriskblog.com/2022/03/march-employment-preview.html
Some Headlines
Mortgage Rates Jump To 4.67% As Home Prices Hit Record High
Rates for home loans rose to the highest level since 2018 as home prices also hit a new all-time high, all of which is creating stronger headwinds for those trying to buy a home. The average rate for a 30-year, fixed-rate mortgage reached 4.67% for the week ending March 31, according to data from mortgage guarantor Freddie Mac. That’s the highest level since December 2018 and a spike from the average 3.18% rate a year ago. This week’s rate jumped 25 basis points—one-one hundredth of a percent—compared to last week.
moar
https://www.forbes.com/advisor/mortgages/mortgage-rates-march-31/
and in usually kiss-of-death news-it takes a few weeks but historically that means the end because this is just an accounting gimmick
GameStop Shares Surge on Plans for Stock Split
https://www.bnnbloomberg.ca/gamestop-shares-surge-on-plans-for-stock-split-1.1746047
BOJ Tankan: Japan business sentiment takes 1st drop in 7 quarters
https://asia.nikkei.com/Economy/BOJ-Tankan-Japan-business-sentiment-takes-1st-drop-in-7-quarters
At Least 33 Hong Kong Firms Halted After Earnings Deadline
Trading in at least 33 Hong Kong-listed stocks was halted on Friday after a number of firms missed a deadline to report annual results, adding uncertainty to a market grappling with a bleak economic outlook and regulatory headwinds.
Embattled Chinese developers, including Sunac China Holdings Ltd. and Shimao Group Holdings Ltd., were among the stocks to be suspended from Friday. China Aoyuan Group Ltd. said publishing unaudited results at this stage could “potentially be misleading to the shareholders and potential investors.” This year’s number compares with more than 50 for 2021 and at least nine for 2020. The barrage of trading halts comes at a bad time for the city’s equity market. China’s repeated vows to stabilize markets have failed to restore investors’ confidence, keeping the Hang Seng Index down 6% this year. Regulatory risks still hang heavy and lockdowns in China are weighing on the earnings outlook.
This earnings season had been expected to be the worst in a decade for Chinese developers beset by a credit crunch, and failure for the firms to come clean on time - as well as a slew of auditor resignations - will only worsen sentiment. Uncertainties over financial transparency may also bring further credit rating downgrades. “It is an open secret that auditors adopt very strict requirements for Chinese developers’ audit work this year due to the sector’s liquidity issues and default problems,” said Raymond Cheng, head of China/Hong Kong research at CGS-CIMB Securities Ltd. Still, the earnings delays “could hurt improving market sentiment from supportive policy.”
Trading suspensions in Hong Kong can take place due to various reasons. In terms of earnings, a company’s shares will be halted if it doesn’t release audited results three months after the fiscal year ends, according to exchange rules. However, due to Covid-related delays, firms have been allowed to submit unaudited figures by March 31 and file the audited version by April 30 to avoid suspension.
At least 138 firms had previously said they would postpone the release of their audited 2021 results past the March 31 deadline. The exchange had 2,570 listed companies as of end-March. Potential credit rating cuts following the earnings delays are likely to trigger requests for early debt payments, and “add to their default risks,” said Dean Xiao, flow credit high yield desk analyst at Guotai Junan International Holdings Ltd.
A prolonged trading halt increases the risk of wild stock moves upon resumption. Among last year’s cases, China Huarong Asset Management Co., which was halted for nine months, sank 50% when trading resumed. GCL-Poly Energy Holdings Ltd. surged 82% after a seven-month halt.
Companies could also be booted from MSCI Inc.’s stock indexes within three trading days if their suspensions last for more than 50 consecutive days, according to the index compiler. Such a decision could impact hundreds of billion dollars of passive funds that track related MSCI benchmarks. Huarong was removed from the gauges in June last year.
https://www.bnnbloomberg.ca/at-least-33-hong-kong-firms-halted-after-earnings-deadline-1.1746106
French AF CTM1035 A330 departed Mosul Int'l Airport in Iraq after about 3 hours and then went to Souda Bay, Crete for about 4 hours and now heading back to Paris-Degaulle Int'l
Dutch AF NAF11 G4 departed Gao Airport Mali-thee is no inbound trace so dunno how long it's been dhere for
U.N. peacekeepers deployed to northeastern Mali amid spate of killings
The United Nations peacekeeping force in Mali has deployed two units to the African country’s tri-border area with Burkina Faso and Niger to respond to a spate of civilian killings, it said on Thursday. A surge in attacks since early March by an Islamic State affiliate has left hundreds of civilians dead, according to official and military sources. The region has long been a hotspot of jihadist and militia violence in West Africa. “The security situation in the Tri-border area… particularly in the localities of Tessit, Talataye, Ansongo and the Menaka region, has deteriorated considerably in recent weeks,” said the U.N. peacekeeping mission, MINUSMA.
https://kfgo.com/2022/03/31/u-n-peacekeepers-deployed-to-northeastern-mali-amid-spate-of-killings/
it geezer movie time here so can't say fer sure
got a whole list fer when I can't or don't wanna move much
dat on it.
One o youz wanna bake one here now?
been almost 48 hours
#891
>>131971, >>131973, >>131982 anon submits a decode
>>131975 Russian Foreign Ministry Releases Alleged “BioBiden” Timeline of US Bioresearch in Ukraine-gatewaypundit
>>131991 The Department of Defense Just Got Caught Lying About Vaccine Injuries-US District Courth for N. Aalabam-emeralddb3 Mar30
>>131993, >>132007, >>132012, >>132015, >>132017, >>132021, >>132024, >>132036, >>132038, >>132039, >>132042, >>132047, >>132049, >>132058, >>132059, >>132064, >>132066, >>132070, >>132082 pf reports(s) Weds into Thursday-Yerp/AFSOC C-32B west/SAMs/Blinken returns after Tel Aviv-Morocco-Algeria trip/Weds look at Yerp before Sunset/B-52 at low alt over Czech border/Germans leaving Dallas-Ft. Worth/SAM and US Navy brass at MacDill/SAM activity
>>131994 Russia to Pay $2 Billion Bond in Dollars to Foreign Investors-bnnBBerg
>>131999 Inflation has lessons for a ‘very entitled generation,’ says BlackRock co-founder and Mr Kapito's Blackrock equity holding and salary
>>132000, >>132001, >>132002, >>132003, >>132005, >>132006, >>132008, >>132011 UK anon update on dig
>>132009 ICE Weighs Moving Its London CDS Clearinghouse to Chicago + background on another famous "move" and it's results (DTCC to 55 Water St and why) History of DTCC and "blythe" the CDS queen bnnBBerg/njeda/silverdoctors/moneyweek
>>132010 Trump says 'US is like a third world country' because grocery stores 'don't have BREAD'-dailymail via soc. media
>>132013 Jamie Dimon Collects $56 Million After Old Incentive Snowballs-bnnBBerg
>>132014 muh reparations news: House Subcommittee Drops a Bombshell: It Will Hold a Hearing Next Tuesday on U.S. Banks’ Role in Financing “the Horrors ofSlavery”-wallstonparade
>>132021 Trudope left Williams Lake after: Feds provide additional $2.9 million to Williams Lake First Nation after discovery of unmarked graves
>>132022, >>132048 Biden Team Weighs a Massive Release of Oil to Combat Inflation
>>132025 @ Rep Boebert "Let's see what Democrats really value..." thehill via soc. mdeia (unsauced)
>>132044, >>132055 Mkt Fag: Some input on the 1st Qtr close today re: Input pricing and silver "experts"
>>132050 Biden to mark Transgender Day of Visibility with new actions-wdsu
>>132052 Caitlyn Jenner Is Hired by Fox News as a Contributor-bnnBBerg
>>132053 US Special Envoy for Climate John Kerry arrives in Mexico this Thursday-infobae
>>132054 CIA director tests positive for COVID-19, has mild symptoms/clockfag submission Q drop #1927
>>132056 in those who have the supply make the rules news: Kremlin decree: Foreign currency can still buy natural gas-foxbiz
>>132058 Germany purchases 35 new F-35s, partly in response to Russian invasion of Ukraine-Ft. Worthstartelegram mar 15
>>132067 PBOC Raises Billions To Bail Out Chinese Banks As Property Sector Teeters On Brink Of Collapse-zh
>>132069 Mkt Fag: Pretty fugly one that...Q1 closes edition
>>132076 At Least 33 Hong Kong Firms Halted After Earnings Deadline-bnnBBerg
>>132082 U.N. peacekeepers deployed to northeastern Mali amid spate of killings-kfgo
how do you stay awake ober there
kek
Makes ya wonder if this cap#2-wuz them here earlier today (not the Coupang sale below just overall cause it was all at once so that is a sign of desperation because you could have spread it out) as this amount could have only come from a few places-certainly a whale making an exit.
There were several big block trades on the NAS towards the end of 2020 and it turned out to be Softbank then too.
"They're In Desperate Need Of Capital" - SoftBank Halts Investments As It Scrambles To Raise Cash'''
2021 was a difficult year for Softbank, and so far, 2022 is shaping up to be even more punishing. The Japanese telecoms giant/VC firm/conductor of the "AI Revolution" booked massive losses on its investment portfolio as massive bets on Didi and Grab soured (among other holdings), saddling the firm with tens of billions of dollars in losses for 2021 (this according to the firm's most recent earnings report).
As SoftBank shares have tumbled, founder Masayoshi Son has seen roughly $25 billion of his net worth evaporate. The firm's investment losses - spurred by a crackdown in Beijing (which has sheered $9 billion off the firm's Didi holdings, and that's just one stock), the war in Ukraine, and other factors outside SoftBank's control - could represent an existential threat, since SoftBank borrows heavily against its own shares to finance investments in early-stage companies. Because of this heavily leveraged structure, if the company's financial position deteriorates too aggressively, it could trigger a brutal margin call "doom loop" that could force it to sell even more of its holdings. Masa Son lost his first fortune during the dot-com blowup. The last thing he wants is to be financially ruined a second time.
He also lost something like $100m+ on bitcoin too
To try and guard against this eventuality, Masa Son has reportedly ordered his lieutenants to halt investments in new firms as the company seeks to conserve cash as the value of its portfolio continues to deteriorate. SoftBank founder Masayoshi Son has told his top executives to slow down investments, as the world’s largest tech investor seeks to raise cash amid falling tech stocks and a regulatory crackdown in China. Instead of looking for new innovative tech companies to pump money into (or soliciting backers for a third iteration of its 'Vision Fund'), SoftBank is evaluating its portfolio to decide which holdings might be best suited for liquidation. One insider said the firm doesn't expect valuations of its Chinese holdings to rebound any time soon. "Valuations for Chinese companies listed overseas have collapsed," said one person close to SoftBank’s China team. "We don’t expect a turnround anytime soon." One person familiar with the company’s plans added that SoftBank is pushing to raise cash and is evaluating assets that could be liquidated. As the firm pointed out in its latest quarterly report, its loan-to-value ratio (a key metric in the eyes of financial analysts) is getting dangerously close to the red line separating a sustainable from an unsustainable debt burden. The company's shares have shed 40% of their value over the past year, and during Q1, its portfolio shed another $20 billion and $30 billion. Back in October 2019, we speculated that SoftBank might be the tech bubble era's "short of the century". Aside from a few short-lived rallies, our timing on that call could not have been better. SoftBank's present difficulties follow one of the busiest years for dealmaking in the firm's history: it closed investments in 195 private companies last year, the most in recent memory.
Now, in a bid to raise cash, SB is scrambling to borrow against its stake in British chipmaker Arm Holdings (which is headed or an IPO spinoff following the collapse of a deal to sell it to Nvidia) and other holdings. Still, to many on Wall Street, this strategy reeks of desperation.
In a bid to raise cash, SoftBank has also used stock in Coupang* and other large holdings in the Vision Fund as collateral for loans'''. The Japanese tech group is also finalising loans worth as much as $10bn tied to the IPO of UK chip designer Arm Holdings, following the collapse of its $66bn sale to US rival Nvidia last month.
https://www.zerohedge.com/technology/theyre-desperate-need-capital-softbank-halts-investments-it-scrambles-raise-cash
* and we know how well that worked out for Archegos when equity is placed as collateral for loans.
**Looks like Softbank sold 50,000,000 shares of Coupang on March 9th for a total of $1,043,500,000
https://finviz.com/insidertrading.ashx?oc=1716729&tc=7
Dueling BAJA43s USAF KC135 Stratotankers circling March AFB
#891
>>131971, >>131973, >>131982 anon submits a decode
>>131975 Russian Foreign Ministry Releases Alleged “BioBiden” Timeline of US Bioresearch in Ukraine-gatewaypundit
>>131991 The Department of Defense Just Got Caught Lying About Vaccine Injuries-US District Courth for N. Aalabam-emeralddb3 Mar30
>>131993, >>132007, >>132012, >>132015, >>132017, >>132021, >>132024, >>132036, >>132038, >>132039, >>132042, >>132047, >>132049, >>132058, >>132059, >>132064, >>132066, >>132070, >>132082, >>132100, >>132102, >>132104 pf reports(s) Weds into Thursday-Yerp/AFSOC C-32B west/SAMs/Blinken returns after Tel Aviv-Morocco-Algeria trip/Weds look at Yerp before Sunset/B-52 at low alt over Czech border/Germans leaving Dallas-Ft. Worth/SAM and US Navy brass at MacDill/SAM activity-high level SAM to Skunkworks from JBA
>>131994 Russia to Pay $2 Billion Bond in Dollars to Foreign Investors-bnnBBerg
>>131999 Inflation has lessons for a ‘very entitled generation,’ says BlackRock co-founder and Mr Kapito's Blackrock equity holding and salary
>>132000, >>132001, >>132002, >>132003, >>132005, >>132006, >>132008, >>132011 UK anon update on dig
>>132009 ICE Weighs Moving Its London CDS Clearinghouse to Chicago + background on another famous "move" and it's results (DTCC to 55 Water St and why) History of DTCC and "blythe" the CDS queen bnnBBerg/njeda/silverdoctors/moneyweek
>>132010 Trump says 'US is like a third world country' because grocery stores 'don't have BREAD'-dailymail via soc. media
>>132013 Jamie Dimon Collects $56 Million After Old Incentive Snowballs-bnnBBerg
>>132014 muh reparations news: House Subcommittee Drops a Bombshell: It Will Hold a Hearing Next Tuesday on U.S. Banks’ Role in Financing “the Horrors ofSlavery”-wallstonparade
>>132021 Trudope left Williams Lake after: Feds provide additional $2.9 million to Williams Lake First Nation after discovery of unmarked graves
>>132022, >>132048 Biden Team Weighs a Massive Release of Oil to Combat Inflation
>>132025 @ Rep Boebert "Let's see what Democrats really value..." thehill via soc. mdeia (unsauced)
>>132044, >>132055 Mkt Fag: Some input on the 1st Qtr close today re: Input pricing and silver "experts"
>>132050 Biden to mark Transgender Day of Visibility with new actions-wdsu
>>132052 Caitlyn Jenner Is Hired by Fox News as a Contributor-bnnBBerg
>>132053 US Special Envoy for Climate John Kerry arrives in Mexico this Thursday-infobae
>>132054 CIA director tests positive for COVID-19, has mild symptoms/clockfag submission Q drop #1927
>>132056 in those who have the supply make the rules news: Kremlin decree: Foreign currency can still buy natural gas-foxbiz
>>132058 Germany purchases 35 new F-35s, partly in response to Russian invasion of Ukraine-Ft. Worthstartelegram mar 15
>>132067 PBOC Raises Billions To Bail Out Chinese Banks As Property Sector Teeters On Brink Of Collapse-zh
>>132069 Mkt Fag: Pretty fugly one that...Q1 closes edition
>>132076 At Least 33 Hong Kong Firms Halted After Earnings Deadline-bnnBBerg
>>132082 U.N. peacekeepers deployed to northeastern Mali amid spate of killings-kfgo
>>132098 They're In Desperate Need Of Capital" - SoftBank Halts Investments As It Scrambles To Raise Cash-zh
unless ya got something add all done here
night