tyb
and good morning if I have not already said so
yes I agree
gonna takes it easy today after doing that in lb
feelz good catching them doing that shit
had to hand them the SLV stuff
remains to be seen if they add it
DERP!!!!
pretty fuggen notable even if I do say so muhself
But muh Flash is notable
SLV no
keks in complete larp
comic book flash was qool
habs some of those from 70s still
dunno what they 'worth'
Have stack a coupla feet high of those in a box Iron Man, Star Wars, habs Dazzler #1 bought it at a 7-11 din't even know what it was but bought thinking mebby if got popular.
Batman, Mirconauts someothers
RCAF ROYL01 A310 Prince Chucky (tampon king) and Camilla heading to Yellowknife NW Territory Airport-Located on the shore of Great Slave Lake-how ironic is thatโฆ.kek
May 19
On Thursday, the couple will say goodbye to Ottawa and head up to Yellowknife, N.W.T., where they'll be welcomed by dignitaries. They'll visit Dettah, a Dene First Nation community near the capital city, where they'll be welcomed by Indigenous leaders from across the territory with an opening prayer, a drumming circle and a feeding-the-fire ceremony. Charles will then talk to local chiefs and elders while Camilla visits Kaw Tay Whee School to learn about its programming and efforts to preserve Indigenous languages. The prince will meet with the Canadian Rangers to mark the organization's 75th anniversary.
Camilla will visit a transitional house that offers services to women and children fleeing violence.
https://www.cbc.ca/news/politics/royal-visit-2022-1.6431246
nocallsign Joe in 82-8000 747 departed JBA for JB Elmendorf for a refuel/ground stop and then continues on to Seoul SoKo
heading to Osan AB or mebby Incheon Int'l
09-0018 and 09-0016 USAF C-32As also departed JBA as the escort
Biden has an eye on China as he heads to South Korea, Japan
https://www.arkansasonline.com/news/2022/may/19/biden-has-an-eye-on-china-as-he-heads-to-south/?news-national
SAM133 UASF G5 sw from JBA to MacDill CENTCOM most likely
JADE99 USAF E-4B Nightwatch departed JBA earlier and is the escort and "doomsday' AC that accompanies every sitting POTUS on Int'l flights-also on West coast CONUS trips.
It looks like it will stop in Seattle and should eventually end up at Yokota AB, Japan
RCAF CFC3075 CL-60 Foreign Affairs Minister Mรฉlanie Joly departing G-7 meeting in Brussels
Canada could be among the first countries to ratify Sweden, Finland membership in NATO, says Joly
https://www.cbc.ca/news/politics/sweden-finland-nnato-joly-1.6455446
SAM980 USAF C-40B es from Shannon, Ireland ground stop/refuel after departing JBA earlier today -possible destinations are: Tel Aviv/Gulf or Eastern Europe WH NSO AC
SAM048 USAF G5 Janet Yellen departing Brussels after G-7 FM meeting
The 'dude cometh' back
Huge capital required to rebuild Ukraine like Europe from post-1945: Janet Yellen, US Secretary of Treasury
anet Yellen, US Secretary of the Treasury, said that there is a huge finding requirement to rebuild Ukraine and bring its economy back to the original state, comparable to the funding required for rebuilding Europe post-1945. At this time, Yellen also appealed to the European countries to pick up a big share of the funding. A proposal to provide funding of $40 billion has been presented in the US Congress. At the same time, the United States and European Union have also proposed using Russian foreign reserves for this purpose.
https://www.newscast-pratyaksha.com/english/huge-capital-required-to-rebuild-ukraine-66786/
Mkt Fag: It was up down and sideways but the hedgies are still fugged-even Janet can't save your over-leveraged asses-edition
Some shit going on: The SP500 had two stabs at "bear market" territory and were magically repelled-but still under 4k-see even Janet has the ESF button 'at ready' on the plane she is on right now heading over the Atlantic -see below under Treasury. So even with all that choppy bullshit today (there were a few attempts to "buy it") but no one home. Highlighting the sitting on hands approach as described yesterday. Still gonna be down for the 8th straight week. And that VIX issue mentioned a few days ago-seems the personnel at the NYFRB/Chicago got the message as that was dealth with by a huge OpEx expiration tomorrow-the third Friday of every month are those. Only thing that was green (barely) was the RUT at +1.38(+0.08%) and although they had a stab at the neckline and got the DOW green for less than 30 minutes they were a little moar successful with the NAS which was up all day ftmp but closed red at 29.66 (-0.26%). You like yer FANG Stocks? Well they don't like you -$2T since Nov 2021. Plus that rush of volume at the end was some trying to get something "in" amongst the usual expected rush of closing volume-why it closed red. NAS volume was approx 911,762,344 lower than it's daily avg. But Muh DOW was over by 1.24x and SP500 continues to be the laggad here at 66% of it's daily avg of 4,155,701,475. '''THERE IS NO ONE HOME-except on the DOW==
Cisco got slammed on it's earnings, it closed @ 41.72-6.64 (-13.73%) with 4x it's normal volume -so another one not done . Walmart still dropping and on 2.5x volume so not done on that side either it's close was 119.08-3.35 (-2.74%). A positive was Grab Holdings (Asian App or "superApp" as they call it) reported and it was up on 4.5x volume-it's an under $5 stock so it really not a big deal but results at close are 3.1300+0.6000 (+23.7154%). You can see the Top Gainers/Losers listed below for your perusement. Lucid Group (EVs) another positive 19.27+1.91 (+11.00%) on this news: As Lucid announced Wednesday, it has struck a deal to build a new electric car factory in Saudi Arabia -- one with the capacity to churn out 155,000 EVs per year, contributing to what will eventually be a global production capacity of 500,000 EVs per year for the company. and the Saudis gave them $3.4B to do it with.
Trading HaltsAgain with the scrubbing: BGXX and VEDU all those halts yesterday are gone from the list and BGXX has already been halted 10x today. This was where it was just before close 15.65-32.43 (-67.45%) and it was IPO'd 2 days ago. 2 halts on DPSI Decisionpoint Systems, Inc. 6.98-1.17 (-14.36%) and already down an additional 7.75% in AH trading. DSP Dynamic Asset Allocation Fund Regular Growth halted because of "market volatility. Mimecast Limited provides cloud security and risk management services for corporate information and email was also halted (and this one not a small deal either as the reason is "Aditional Information Requested by NASDAQ" and even though it is being taken private via acquisition by Permira the code thrown for it was T12 which is the already stated moar info requested. Buyer beware as all the halts from yesterday, day before and everything going back to April 4th are missing again today so look before they scrub them. https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
Here is the Short Interest defined as the companies with the largest proportions of outstanding shares currently sold short. https://www.marketwatch.com/tools/screener/short-interest
Top winner/losersDow, NAS, SP500, NASDAQ 100-focus on NAS because it is by FAR the most bloated of all
Top winner/losers-DOW https://markets.businessinsider.com/index/market-movers/dow_jones
Top winner/losers-NAS 100- early on The Nasdaq 100 fell the most among major benchmarks as growth-related tech stocks sank
https://markets.businessinsider.com/index/market-movers/nasdaq_100
Top winner/losers- SP500 https://markets.businessinsider.com/index/market-movers/s&p_500
Treasury complexSee Cap #3 10yr had a coupla quick stabs at 3% but no dice....30yr looking like it's heading below 3% 3.093 +0.023-this made up the biggest part of the NYFRB Securities lending facility yesterday. In our session yields continued to slide-the 30 yr actually went below 3% for about an hour-the hour before markets opened and by 9:30amest it was right back at 2.99%. Nuffin going on there. Summary: Treasuries were bid today led by the short-end (2Y -6bps, 30Y -0.5bps). On the week, only 2Y is higher in yield with 10Y outperforming. Yields tumbled on the weak Philly Fed and Jobless Claims and rebounded during the day session
>>>/qresearch/16305568 J-J-Janet left Brussels after telling everyone 'we' need to pay for Ukraine ala The Marshall Plan(that was $13B back then) redux-you know how well THAT worked out for all of us in the long run, NATO....
FOREX-US$, Ruble, Yen, Pound, EUROUS$ slid in Asian trading 103.59 -0.22 -0.21%. Muh ยฅ advanced 128.93+0.70 +0.55% after the Japanese trade data came out-see story below Some Thangz. Ruble resumed it's rise also 0.015767 +0.000323 2.09%, Pound back up after it's slide yesterday 1.2388+0.0047 0.38%- EURO @ 1.0503 0.0036 0.34%this all at 1:31 PM-JST May19. In our session it was US $ continuing it's slide 102.75 -1.07 -1.03%, but it improved to finish 102.84-0.98 -0.94%. Ruble was up over 0.16 0.016097+0.000653+4.23%, Muh ยฅ strengthened after dropping in early Asian trading 127.64-0.60 -0.46% but gave some of that back on our close 127.76-0.47 -0.37% - I think we're gonna find that someone (cough, NYFRB) went in and soaked up an ass-ton of this-still see nothing on the currency swaps at NYFRB-doesn't mean they are not doing it. Kuroda was here a few weeks ago pleading with Janet for something and although she said no...it doesn't mean Jerry did too. Results at our close for all FOREX in Cap #4, the Ruble with the top performance (relative it's problems) of the day, VP is still RENT FREE dhere. This chart is it's pair with the US $ so down is good. Deutsche Bank is by far the biggest player in the FOREX market with 21% of all FOREX trading-10 years ago they were still the biggest but at 11%. It estimated at $5.3 trillion daily-and probably close to $6T.
MetalsSee Cap 5 All flat to nuffin in Asian trading. COMEX data for Weds was 186,415,000ozs at the print price of $21.55 for $4.017B and steadily decreasing since May 13th Au having a decent day a few hours into our mkt +24.70 +1.36% with Ag +0.44 +2.06% far out-pacing it on a % basis so that is gonna lower the Au/Ag ratio for today. Gold futures 1.29% rose $25.30, or 1.4%, to settle at $1,841.20 an ounce the best daily percentage rise for the most-active contract since April 12. This will change a little into our close but that is the 'print' price for all the contracts and products and that is assigned to them-habbens every day at 1:30pm est for all Commodities. The Gold/Silver ratio stands here now at the print price $83.985 ( โ0.799 (โ0.94%) Au closed at +24.40 +1.34% Ag +0.50 +2.36%'''
See here for news on Private Advisors Group sellof of $1.2B of SLV according to it's most recent 13F-HR.They only own $63M of it or 2.9M/sh at a stated value of $21.50-so this is why the price has also been stable around here and not dropping below $21 for very long.
Here is your third party Ag Manipulatorto go along with the 4 major Zombie Banks: JP Morgue, Bank of ~~America~~ Italy, Shitibank and Goldman Sachs. see here >>135209 pb Private Advisors Group sold $1.2B in SLV-Q1 2022-after buying roughly same amount in Q4 2021
=Oil/EnergyGot a bounce in overnight session off $107.86 but since Potato is getting Oil from Venezuela-or says he is this has got some issues getting past the $115 mark again. Any news item can trigger it though. Diesel prices have come off those highs (at about $4.70 'Rack Price' and now $4.23 give or take a few pennies) but still remains elevated as inventories are slowly catching up (i.e. building) but still at historic lows. But they spread between Retail and wholesale is almost 10% still. You have to toss out 2020 data cause hey were YUGE as demand cratered cause of the 'rona. Inventories of ultra low sulfur diesel in what the EIA calls PADD 1 โ the East Coast โ rose 1.21 million barrels last week to 20.4 million barrels. PADD 1 inventories of ULSD on the East Coast had declined in 13 of the 15 previous weeks and had dropped six weeks in a row before the increase the EIA posted Wednesday. U.S. refineries ran at 91.8% of capacity. Itโs the highest level since August 2021. WTI closed @+1.71(+1.56%) while Natty Gas was down to $8.20 (Henry Hub) after another attempt at the last recent high at $8.60-two tries at it today. Usually it is ALL financial products you get three stabs at a higher high or lower low (general rule of thumb) and if those fail the techies go the other way.
>>>/qresearch/16304394 pb EU โNeedsโ Lockdown-like Restrictions to Curb Russian Oil Use
1 of 2
2 of 2
NYFRB Operations today-the paper game vs 'cash'
This is the real CB-the one in DC is just a storefront-all the operations go through here.
A total of$2.026Tin overall transactions today just to get to the next day-nuffin to see here-this Repo is for ONE day not three like the ones beforean increase of $849m over yesterday
We are now over the $2T mark for the second NIGHT/DAY just to keep this shit-pile from falling apart-buyer beware-the MbS and Securities lending amounts down toady but those are in the billions-so still above $2T with the record level Reverser Repo for ONE day instead of the three they were doing
Reverse Repossee cap #2 $1.981T and another record high for this after yesterdays
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
Mortgage backed Securities (MBS)See Cap #3 slowing down a little on the acceptance side $6.155B submitted vs. $1.528B accepted in two operations-less submitted today and accepted today by about $2B on the sumitted side . https://www.newyorkfed.org/markets/desk-operations/ambs
Securities Lending OperationsSee Cap #4 $43.795B submitted and $44.321B accepted-with 29-Year 11-Month 2-1/4% Bond CUSIP # 912810TD0 biggest at $4.172B of that-same one as yesterday. Less of this today
This is the game at work here as these were just auctioned on March 10, 2022 and issued a month before...trash for cash and can't even keep it for 3 months they are so desperate.
https://www.newyorkfed.org/markets/desk-operations/securities-lending
Central Bank Liquidity Swap OperationsNone reported today
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
Some thangz...
>>>/qresearch/16302276 pb Melvin Capital, which took a bath on GameStop and meme stocks, to liquidate funds as mentioned already done you don't tell before you do it....:I
SpaceX Scrubs Plan to Build Mini LNG Plant at Texas Launch Site
Elon Musk-owned SpaceX has scrapped plans to build a small-scale liquefied natural gas plant at the rocket companyโs Boca Chica launch site in Texas, federal documents show.
SpaceX no longer proposes to build a desalination plant, power plant, natural gas pre-treatment system and liquefier at the siteโs vertical launch area, the US Fish & Wildlife Service said in a May 12 document obtained by Bloomberg through an open records request. The SpaceX plans were described in previous assessment documents in September and October. SpaceX didnโt immediately respond to an emailed request for comment.
https://www.bnnbloomberg.ca/spacex-scrubs-plan-to-build-mini-lng-plant-at-texas-launch-site-1.1768227
Deutsche Bank downgrades BNY Mellon to hold from buy-never sell though...N-E-V-E-R
https://www.marketwatch.com/story/deutsche-bank-downgrades-bny-mellon-to-hold-from-buy-2022-05-19
from Kansas City Fed Head...
Fed's George Says Central Bank Watching Stocks, Confirms Fed Ok With Lower Prices
https://www.zerohedge.com/markets/feds-george-says-central-bank-watching-stocks-confirms-fed-ok-lower-prices
Swiss Billionaire Who Is Spending Tens of Millions on Democrat Campaigns Is Reportedly Not Even a US Citizen
https://www.thegatewaypundit.com/2022/05/swiss-billionaire-spending-hundreds-millions-democrat-campaigns-reportedly-not-even-us-citizen/
Asian markets slide, following Wall Streetโs inflation-fueled retreat
Stocks tumble more than 2% in Tokyo and Hong Kong. Hong Kongโs Hang Seng led the declines, dropping 2.7%, while Tokyoโs Nikkei 225 index was 2.5% lower. Japan recorded a trade deficit in April as imports ballooned 28% as energy prices soared amid the war in Ukraine and the yen weakened against the dollar. Japanโs exports grew to 8.076 trillion yen ($63 billion) last month, up 12.5% from the previous year, according to Ministry of Finance data released Thursday. Imports totaled 8.915 trillion yen ($70 billion) in April, up from 6.953 trillion yen in April 2021, and the highest since comparable numbers began to be taken in 1979. In April, crude oil imports jumped 99.3% to 1.2 trillion yen. LNG and coal imports rocketed 151.6% and 198.6%
https://www.marketwatch.com/story/asian-markets-slide-following-wall-streets-inflation-fueled-retreat-01652929580
https://finance.yahoo.com/quote/%5EIXIC
https://www.marketwatch.com/investing/bond/tmubmusd30y
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.investing.com/charts/forex-charts
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
https://www.livecharts.co.uk/MarketCharts/ngas.php
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://oilprice.com/Energy/Crude-Oil/OPEC-Cuts-Global-Oil-Demand-Growth-Forecast-Again.html
https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
https://goldprice.com/gold-silver-ratio/
no callsign Joe landed at Elmendord but it is heavily spoofed and it appears it has been on the ground for about an hour
JADE99 USAF E-4B Nightwatch over Kodiak Island and trace dropped about 90 minutes ago @30k feet
09-0016 USAF C-32A on ground an hour ago at Anchorage-dunno if Ted Stevens or JB Elmendorf
09-0018 USAF C-32A is still behind 'no callsign Joe but shows as it being ahead 'MC973'-sam this is SAM973 whenever it decides to update
Since so many people that occupy the three ACs have bans: 747 and the two C-32As -plus I'm sure there are a few on the Nightwatch wouldn't it be hilarious if VP decided to not let them near Russian Airspace or at least send up a coupla fighters just to show them this is muh block fugger and don't you forget it-picrel
I also expect no callsign to change once it departs Elmendorf as having him 'arrive' Internationally may cause some issues or questions to be asked when the foreign ATC's see the 747 and it is not transmitting AF1.
'76' Gas-Station Chain Repograms Washington State Pumps For $10 A Gallon
Gas station pumps in Washington state are being reprogrammed to accommodate $10 a gallon and even higher as the summer driving season begins amid tight fuel supplies, according to a report.
The Post Millennial has learned gas station chain "76" has reprogrammed its pumps to include double-digit numbers in "price per gallon" at Washington state gas stations.
A 76 spokesperson confirmed to The Post Millennial they added an extra digit to pumps, noting the change doesn't necessarily imply the company was anticipating prices above $10 a gallon. The 76 gas station in Auburn, Washington, located at 1725 Auburn Way North, is one of the stations that has had reprogrammed pumps. It also sells high-octane race fuel, which tends to be more expensive, though the special fuel is sold at separate pumps than regular, plus, premium, and diesel.
A photo was taken on May 16 that shows double-digit pricing at regular pumps. The Post Millennial also reports Washingtonians in the eastern part of the state, specifically in Kennewick, Pasco, and West Richland, are experiencing fuel shortages. According to AAA, the average price of gas at a pump in Washington State is $5.18 -- above the national average of $4.59 as of Thursday morning. Some of the most expensive gas in the US can be found just south of the state in California, where prices outside of San Francisco range between $6-7 a gallon for regular.
76's move for double-digit prices comes as JPMorgan's commodity strategist Natasha Kaneva warns the national average for gas can rise another 37% by August to around $6.20. Since much of the West Coast is priced above the national average, this may suggest double-digit prices could be seen in some areas.
https://www.zerohedge.com/commodities/76-gas-station-chain-repograms-washington-state-pump-10-gallon
there was a movie about him but I can't recall the title
I think it was the guy who played Murrow in Good night and Good Kuck as Butler
But a quick search find nada.
Read that book long ago.
Totally played them all
member seeing that (eisenhower)speech not long after y/t surfaced
Shame what they turned his granddaughter in to.
One of those kids who "founded it" went to muh HS but after me as well as Yang from Yahoo fame he was dhere when I was though
Got some movement from Anchorage
SAM46 USAF C-32a departed Anchorage after a ground stop/refuel-this took off earlier than no callsign Joe today so I expect the 747 to be up soon
09-0018 USAF C-32A has updated and is on descent at Anchorage-this took off after BOTUS
RCAF ROYL01 A-310 departing from Yellowknife Airport, NWT on Great Slave Lake (kek) after Chucky and Camilla making it look like they give a shit.
Heading back to RAF Brize Norton where it picked them up yesterday
Satellite photos suggest China training to attack Japan's aircraft
China has set up an object that appears to be modeled on an airborne warning and control system (AWACS) plane used by the Japan Air Self-Defense Force (JASDF) in a desert area of Xinjiang, Nikkei has learned after analyzing satellite photographs with experts.
The object could be used by the Chinese military as a dummy target for training to attack SDF aircraft with missiles, a former senior SDF official pointed out. The object is believed to be modeled on the JASDF's E-767 aircraft. Thomas Shugart, adjunct senior fellow at the Center for a New American Security (CNAS) said, "I looked around to see what AWACS is of that size and shape and has two engines, and there is one: the E-767, which is operated only by the Japan Air Self-Defense Force."
The E-767 is manufactured by U.S.-based Boeing, and the four stationed at Hamamatsu Air Base are the only ones operating worldwide, according to the Japanese Ministry of Defense. It flies at a high altitude at more than 800 km per hour, using its back-mounted radar to detect distant aircraft and missiles that cannot be captured by ground-based radar. It has a range of 9,000 km and can monitor an extensive area for a prolonged period of time. The location photographed is thought to be a special area controlled by the Chinese military.
The aircraft is also called the "control tower of the sky," because it has control functions that enable friendly fighters to intercept enemy aircraft. During a contingency, it would be responsible for searching for enemy military movements in airspace away from combat zones. "If we lost the E-767s during a Taiwan contingency, Japan would lose its ability to monitor the Nansei Islands," said Kiyofumi Iwata, a former chief of staff of the Ground Self-Defense Force. With its extensive surveillance capabilities, the E-767 is difficult to shoot down during flight. It is considered most vulnerable to attack when it is parked on the ground. Military drills use same-shape targets to increase missile accuracy. Yoji Koda, former commander in chief of Japan's Self Defense Fleet, said, the object "was probably built to check the error of missile impact" to simulate attacking E-767s. Regarding the object seen in the satellite photographs, Iwata said, "Both the Japanese and U.S. governments are probably aware of it. China is deliberately showing it to us as a threat in case something were to happen." The location was pinpointed with the assistance of Matt Korda, senior research associate and project manager for the Nuclear Information Project at the Federation of American Scientists, an organization that specializes in denuclearization and disarmament. Nikkei and experts analyzed high-precision photos from Planet Labs, a U.S. satellite operation company. The photographs showed an airplane-shaped structure with twin engines and a disk-shaped radar, a distinctive feature of the AWACS.
A full-scale model of a U.S. aircraft carrier and destroyer were also found in the area, and there are indications that the Chinese military is using the site to test weapons. This is the first time that an object with a shape similar to an SDF aircraft has been identified. Some worry that China's military operations would impact Japan in an event like a contingency related to Taiwan.
https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/Satellite-photos-suggest-China-training-to-attack-Japan-s-aircraft
too young for that but I do member Nixon leaving barely
Muh other Gma was a big fan
She lived in San Clemente where his house was
Hassled by the Marines moar than once when when floated too close in the water.
They'd pull up and wait for us to get out and took us all to the office for a 'talkin' to.
Plus they took muh board and never got it back.
After two times of that we went further north
evening
SAM048 USAF G5 J-J-Janet and the inkjets inbound from Brussels Int'l depart earlier
Spanish AF AME4574 A310 departed JBA after an overnight
SAM094 USAF G4 east after ground stop at Peterson AFB-prior stop at and MacDill AFB for 6 hours and Tyndall AFB , FL for 4 hours and 45 minutes at Peterson
BOXER46 USAF C_40B on descent for Brussels Int'l from JBA depart
Get the marching orders in Brussels then to Dublin, London and then Belfast on the way back.
US congress delegation to fly to London as Northern Ireland protocol concerns grow
A delegation of influential US congress representatives will fly to London within days amid growing concern in the White House about spiralling tensions over the Northern Ireland protocol, the Guardian can reveal.
With the UK government poised to table legislation next week which could revoke parts of the protocol, arrangements are being made for at least half a dozen representatives from the US Congress to fly to Europe for a series of meetings in Brussels, Dublin, London and Belfast.
The delegation will be headed by the influential chair of the ways and means committee, Richie Neal, which has significant power over future trade deals.
https://www.theguardian.com/politics/2022/may/12/us-congressmen-to-fly-to-london-amid-growing-concern-over-future-of-northern-ireland-protocol
China cuts borrowing rate again, seeking to revive housing sector
Move seen as response to Premier Li Keqiang's call to step up policy adjustments.
China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second cut this year as Beijing seeks to revive the ailing housing sector to prop up the economy. Senior officials have pledged further measures to fight a slowdown in the world's second-biggest economy, hit by COVID-19 outbreaks that prompted stringent measures and mobility restrictions, causing huge disruptions to economic activity.
Many market participants believe Friday's move was also a response to Premier Li Keqiang's call to decisively step up policy adjustments and strive to let the economy return to normal quickly. The country's benchmark stock index, the Shanghai Composite Index, rose roughly 1% in early trading on the rate cut on Friday, but property shares were flat.
China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019. The one-year LPR was unchanged at 3.70%. Many private-sector economists expect China's economy to shrink this quarter from a year earlier, compared with the first quarter's 4.8% growth. Indicators from credit lending, industrial output and retail sales showed COVID-related stringent measures and mobility restrictions have taken a heavy toll. A key drag on growth has been the property sector, which policymakers are seeking to turn around. Property and related sectors such as construction account for more than a quarter of the economy. The LPR is a lending reference rate set monthly by 18 banks and announced by the People's Bank of China. Banks use the five-year LPR to price mortgages, while most other loans are based on the one-year rate. Both rates were lowered in January to boost the economy.
Friday's cut suggests that "China's economic growth was facing increasing resistance this year," said Marco Sun, chief financial market analyst at MUFG Bank. "Cutting the five-year LPR was an attempt to accelerate recovery of the real estate sector," Sun said, adding that the authorities refrained from cutting the one-year rate because of recent ample liquidity conditions in the banking system. A campaign by the authorities to reduce high debt levels became a liquidity crisis last year among some major developers, resulting in bond defaults and shelved projects, shaking global financial markets.
Since the end of last year, Beijing has taken steps to help revive the property sector. Those included making it easier for large and state-owned developers to raise funds, relaxing rules on escrow accounts for presale funds and allowing some local governments to cut mortgage rates and down-payment ratios.
This week, financial authorities allowed banks to cut their mortgage loan interest rates for some homebuyers. But that measure and Friday's cut alone will not ease the financing stresses for developers, many of whom are struggling to refinance debt. Property shares have rebounded recently, but the muted reaction to Friday's cut suggests some investors think it may not be enough to revive the struggling sector.
"Policymakers might have reached a consensus whether to revive the property sector," said Xing Zhaopeng, senior China strategist at ANZ, predicting further easing measures.
https://asia.nikkei.com/Economy/China-cuts-borrowing-rate-again-seeking-to-revive-housing-sector
Joe has had to have left already by now since the schedule sez this
1:05am EST arrives in Pyeongtaek, Republic of Korea (5:05 PM Local)
5:10am estBOTUS and President Yoon Suk Yeol of the Republic of Korea visit Samsung Electronics Pyeongtaek Campus, a model for the new Samsung plant being built in Taylor, Texas (6:10 PM Local)
7:20am EST BOTUS departs Pyeongtaek, Republic of Korea en route Seoul, Republic of Korea (8:20 PM Local)
https://factba.se/biden/calendar
Since it takes about 8 hours to get from Anchorage to Seoul he has already left but the current cap has not updated SAM46 (red dot) is moar of a representation of where BOTUS is at-prolly just behind
ADS-B had some issues earlier today but it is likely they don't wanna show him as empty callsign to us.
How they deal with that with the various foreign ATCs is another story
night muh fren(s)
success
morning
got 'e, going with the other crap so the sorta battle right now
sometimes it bad sometimes it not so
it always sucks ftmp then it evens out.
the rambling stops fer most part-habs done better bout that I think
dunno you would have ta tell me
kek
Haz no AF1 callsign for BOTUS
According to ADS-B these two traces for the 747 and the C-32A (757)-are 6 hours old.
BTW I could say it's actual designation of VC-25A instead of 747 but as in the case of using G5 instead of C-37..everybody noes what a G5 and 747 is/are. C-32A is a 757 as well but those are just the military designations for those types of converted from passenger to Military dooty.
no callsign Joe USAF 747 last trace was passing over Japan from JB Elmendorf depart on way to Seoul SoKo
09-0016 USAF C-32A same
09-0018 is shown as still sitting on ground at Elmendorf
JADE99 USAF E-4B Nightwatch on ground at Kadena AB, Okinanwa
JASDF JF422 Kawasaki C-2 departed Rzesow after about 2h 30 minutes on ground-it is heading back to Dubai where it stopped for a refuel after arriving from Tokyo departed on 0518-had a stop at Manila prior to Dubai arrival
A meeting of Council of Yerp Committee of Foreign Ministers going on here
Foreign ministers meet in Turin to discuss their response to Russian Federation aggression against Ukraine
https://www.coe.int/en/web/portal/-/foreign-ministers-meet-in-turin-to-discuss-their-response-to-russian-federation-aggression-against-ukraine
Some departures
German AF GAF648 ne after aground stop at Turin-FM Annalena Baerbacok
Hungarian AF HUAF Falcon 7x on departing Budapest after dropping off FM Pรฉter Szijjรกrtรณ who left Turin
SPAR19 USAF C-40B departed Koln-Home of the German Luftwaffe after arriving from Turin Consul General Darragh Paradiso
Croatian AF 9ACRO CL60 departed Turin- Gordan Grliฤ-Radman Minister of Foreign and European Affairs
Czech AF CEF05B A310 departed Turin Jakub KULHรNEK Minister for Foreign Affairs
#914
notabruhs, not endorsements
>>135231 Prince Chucky (tampon king) and Camilla heading to Yellowknife NW Territory Airport-Located on the shore of Great Slave Lake
>>135232 nocallsign Joe in 82-8000 747 departed JBA for JB Elmendorf
>>135233 JADE99 USAF E-4B Nightwatch departed JBA earlier and is the escort and "doomsday' AC
>>135234 RCAF CFC3075 CL-60 Foreign Affairs Minister Mรฉlanie Joly departing G-7 meeting in Brussels
>>135235 SAM980 USAF C-40B es from Shannon, Ireland ground stop/refuel-WH NSO AC
>>135238 SAM048 USAF G5 Janet Yellen departing Brussels after G-7 FM meeting
>>135241, >>135243 Mkt Fag: It was up down and sideways but the hedgies are still fugged-even Janet can't save your over-leveraged asses-edition + NYFRB operations second day of $2T overnight money to keep it together
>>135245, >>135246, >>135247, >>135248 Kash Patel TS-Todays Sussmann Update and WHO treaty goncern
>>135249 South Korean Bank To Foreclose on Union Station in Washington, DC, Freddie Mac Securitizations Surpass a Half-Trillion Dollars, Special Servicers Get Results From Online Auctions...oops kek
>>135251, >>135254, >>135294 Baker says FBI investigated Sussmann claims of Trump, Russian bank connection: 'There was nothing there'
>>135255, >>135256, >>135257, >>135299 Hegel, War, the Owl and the Slaves of Bohemia-Smedley Butler War is a Racket
>>135258 '76' Gas-Station Chain Repograms Washington State Pumps For $10 A Gallon
>>135260 The Bohemian Obsession
>>135263 pf report Got some movement from Anchorage
>>135265 Satellite photos suggest China training to attack Japan's aircraft
>>135273 SAM048 USAF G5 J-J-Janet and the inkjets inbound from Brussels Int'l depart earlier
>>135275 SAM094 USAF G4 east after ground stop at Peterson AFB-prior stop at and MacDill AFB for 6 hours and Tyndall AFB , FL for 4 hours and 45 minutes at Peterson
>>135279 BOXER46 USAF C-40B on descent for Brussels Int'l from JBA depart-US congress delegation to fly to London as Northern Ireland protocol concerns grow
>>135283 China cuts borrowing rate again, seeking to revive housing sector
>>135285 no callsign joe's schedule -haz already departed Elmendorf cause it takes 8 hours and it sex he arrives in 4 to Seoul
>>135293 Agent misconduct revealed to be recurring theme at FBI; attempts at fixes fall short -washtimes
>>135298 Haz no AF1 callsign for BOTUS 82-800 and 09-0016 headed to Seoul-trace is 6 hours old
>>135300 JASDF JF422 Kawasaki C-2 departed Rzesow + Council of Yerp Meeting concluding-departures
wow-seems like yesterday
totally remember that as it habbened-the procession from the airport the pompery of it all-knew something was up.
Don't do that for just anyone
yep there was still the chatter on /pol d'oh
was a mess still but knew
then LV and reeeeally went HFS and the kicker was the China trip- Dinner in the Forbidden City
GTFO
kek!!
Swedish FM Anne Linde on SVF637 @ 43k feet in a G4 over Iraq/Iran border departed Stockholm
yep iz ready