tyb
Tesla Loses Top Spot In Cathie Wood's ARKK ETF To Roku
The Tesla fairy tale looks like it could be coming to an end for some that rode it up over the last several years.
No sooner have both Wedbush and Morgan Stanley soured on Tesla than Cathie Wood's ARKK ETF has dropped the electric vehicle company led by Elon Musk as the fund's top holding. For the first time in roughly four and a half years, Tesla is no longer the largest holding in Wood's flagship "Innovation" fund. Tesla had been the largest holding in the fund by value since 2017, Bloomberg noted this week. On Thursday, the top spot was captured by Roku. ARKK held $717 million worth of Roku versus $703 million in Tesla. ARKK has been selling Tesla for "at least" four quarters in a row, Bloomberg noted. It owns 1.59 million shares, down from 5.79 million a year prior.
Recall, ARKK had its worst ever month in April, we noted last month. ARKK had fallen almost 70% from its all time highs at the time in a plunge that Bloomberg called a "dramatic change in fortunes for Wood" last month. At the end of April, only one of the fund's 37 holdings - Signify Health - was green for the year.
https://www.zerohedge.com/markets/tesla-loses-top-spot-cathie-woods-arkk-etf-roku
I don't even see those either have something and it werks most of the time just dunno what it is
don't care
You could see this coming yesterday >>135241 pb cap#3
Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate
On Friday the ruble surged to the highest level in seven years against the euro, thanks in large part to the Putin-ordered mandatory conversion of foreign currency by export-focused companies, also as China and India (and much of Europe) are still buying Russia's energy and agricultural products... despite the loud the threats coming from Washington, which have lately included a potential move to block Russian sovereign debt payments.
At this point the Russian currency is about 20% stronger than pre-invasion, as the war grinds on into its fourth month. Jumping as much as 9% against the Euro, the ruble last hit this level in June 2015. And the Ruble is at its strongest against the dollar since 2018. Aiding the surge, there's further been weak demand for dollars and euros given restrictions on cross-border transactions, and as an increasingly isolated Russia sees slowed imports. Finland has become the latest alongside Poland and Bulgaria last month being cut off from Russian gas supplies (Finland confirmed its taps will be cut Saturday, though much less reliant on gas among its diverse resources).
Novak further confirmed that a number of "major clients" have either already paid using the mechanism are are willing to pay on time to avoid cutoff.
https://www.zerohedge.com/markets/ruble-hits-7-year-high-gas-buyers-conform-putins-payment-mandate
https://www.investing.com/charts/forex-charts
BOXER47 USAF C-40B departed JBA and likely part of this from last night >>135279 pb BOXER46 USAF C-40B on descent for Brussels Int'l
Hungarian AF HUAF534 Falcon 7x High level VIP transport with it's second arrival to CONUS in 24 hours-it left last night and went to Turin and then to Budapest where it departed from earlier today
They are NOT onboard with the Russian Oil/Gas sanctions-the other High Level Falcon 7x spent 5 days in Paris talking to Macron-it wasn't Orban but his rep- about all this shit last week and now this one returns to DC after leaving last night
Mexican AF FAM3528 737 west from JBA- been there since 0516 because they are 'discussing' $700m reasons why they want to 'protect' the border now
German AF GAF698 GLT5 departed Teterboro and heading to Chicago O'hare-arrived at Teterboro yesterday from Koln departure
keke
they all fugged
can't sell much so have to buy it to prop
Whoever bought all that TSLA basically got rid of it in the last 10 days.
The morning routine again-buy it up to open then "stocks pare gains"
Habs moar on that later-you already noes but will be addressed in report
makin'
wants?
kek
UAE AF UAF1351 CL60 departing Istanbul after arriving on 0517
UAE's ECI signs pact with Turk Eximbank to boost trade and commercial ties
https://www.thenationalnews.com/business/economy/2022/05/19/uaes-eci-signs-pact-with-turk-eximbank-to-boost-trade-and-commercial-ties/
Erdogan went to Dhabi 3 days ago too at the same time the AC in Cap#1 AC arrived at Istanbul
Turkish president in UAE to pay respects, deepening detente
https://apnews.com/article/middle-east-government-and-politics-turkey-dubai-ccd5fedd75838250e4ff7b7c701a59eb
This is interdasting
Kazakhstan AF AERODATA Beech Super King Air 350 out of Braunschweig-Wolfsburg Airport (home of German Federal Aviation Office) and this is an ISR AC (Kazahkhstan Border Patrol AC) that did a run over west Berlin and heading back
Flight operations halted at Geneva Airport due to on going fire
The smoke prevent from safe landings and ‘Multiple explosions’ have been heard. The building is reportedly a new reception centre for asylum seekers close to one of the runways. Iberia flight from Madrid was forced to divert to Lyon in France.
https://www.airlive.net/breaking-flight-operations-halted-at-geneva-airport-due-to-on-going-fire/amp/
dhey really mad mang
kek
I have to stop cuz i"m laughing so much
Swedish AF SVF637 G4 east after Dubai stop/refuel-looks like New Delhi at present as PM Magdalena Andersson met with Modi in Copenhagen about two weeks ago so I bet this is the reciprocal trip
so not Anne Lind but PM Magdalena Andersson and and early morning arrival at New Delhi
.pretty quiet over CONUS since the kids are in Seoul, SoKo
it's all berry orderly
but I wouldn't touch it even with yer money
Option premiums are stoopid high
see you soon
>dhat cap fer later I'z prepared
>>135300 lb
SPAR19 USAF C-40B heading to JBA from Koln ground stop after departing the COE meeting in Turin Consul General Darragh Paradiso
SPAR=Special Priority Air Resource
RCAF CFC3180 A330 departed Yellowknife NWT after being ther for Chucky and Camilla visit-they left last night-this is Crown-Indigenous Relations Minister Marc Miller heading back to Ottawa after that shit show
As royal visit ends, Prince Charles recognizes suffering of residential school survivors
excerpt
Crown-Indigenous Relations Minister Marc Miller said earlier in the day that while all effective power rests with the government, not with the Queen, he understands comments from the royals could be important to some Indigenous people.
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Article content
“It’s nuanced,” he said. “There are some Indigenous Peoples — much like non-Indigenous people — who couldn’t care less. There are many who have a profound deep connection to the Royal Family.”
https://lfpress.com/news/canada/prince-charles-and-camilla-finish-up-platinum-jubilee-visit-in-northwest-territories/wcm/baff9e21-442e-4c47-9173-0bcac0de9181
https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
Mkt Fag: OMG we're all gonna die (early headlines) because a fat-bloated market dropped a few % points...but Janet arrived with some love late-edition
And again the early headlines "brutal sell-off, OMG it's all coming apart"...really!! There is a reason they do $2T every fuggen night so it doesn't become brutal. In the last 45 minutes they PANIC-BOUGHT IT HARD-see black line Cap#2 They are trapped and none of these 'writers' have ever seen capitulation-the HFT 'bots make sure this is all very naturally functioning-see Below-Jerry thinks so. US Macro "Surprise" OMG we're all 'SURPRISED' this data (fake as it is) is such a fuggen revelation to you stoopid ijits who don't shop or pay attention. Data slumped for the 5th straight week. And why do we focus on teh NAS.....casue it's the most bloated-shedding 5% for the week. In the last 8 weeks, following that late-March meltup, The Dow is down 13% and Nasdaq -25%
Some shit going on: Big Op Ex expiration today so the whole thing was off the charts volume wise-but still well belwo avgs and some of the last 45 minutes was teh OP Ex close out but not all of THAT. Our Futures were up overnight (surprise!) THIS is the Chicago NYFRB 'trading office' doing it's normal thing by opening it up positive so the hedgies and banks can resume SLOWLY peeling off the shit-pile of leverage they have accumulated. Then the headlines come out with "Stocks pare gains"...lather, rinse, repeat. See below for article on Stock paterns of the morning in Some thangz-plus 'Jerry thinks our markets are functioning normally. You all should remember Ben Bernancke saying Sub-Prime Loans and Inflation were contained too. And since they had two stabs at bear market territory that J-J-Janet repelled
See here from yesterday >>135241 lb >The SP500 had two stabs at "bear market" territory and were magically repelled-but still under 4k Exactly what I said earlier...on the third attempt it drops through it and now 'Officially in Bear Market territory' because if that wasn't successful it would have gone the other way as they had no other choice and right at 12:10pmest it made it through but some help 'arivved' and kept it sideways. But at 1:28pm est it (meaning ALL OF IT) 'found' a bottom at the SAME EXACT TIME-C'mon man make it believable and spread it out over a few minutes. B-B-B that got sold and back to where it started-then the aforementioned PANIC at the close. In all this whipsaw shit the Commodity 'splosion in still on-going in everthing except Ag...gee how ya gonna do all the Green Energy Buullshit w/o Silver now?? The Commodity index was up 17% last year but this year is 27% higher than that -but please tell us inflation is transitory-at least they have backed off on that but the tired "oh we missed that"is used in it's place -they knew/know-see here >>135352
They'll trot out the "it will improve in the second half of NEXT year" again soon when the realize taht everyone is on to this game of busllshit rehtoric.
THIS
Russia Halts Natural Gas Shipments to Finland
Finland’s state-owned energy company Gasum said Friday that Russia would soon cut off the country’s main source of natural gas supplies, forcing it to find alternatives. Russia’s Gazprom PJSC informed the company that it would stop delivering natural gas supplies to Finland beginning Saturday (May 21). Gazprom said it was halting exports to the country for its failure to comply with a process to pay for natural gas deliveries in rubles. Gazprom said Friday that it had not received payment for April deliveries and would not export any gas to the country until it complies with the Kremlin’s decree for ruble payments. Gasum said it would not cooperate with the requirement because it violates its long-term supply contract with Russia and announced earlier in the week it was taking Gazprom to arbitration over the matter.
https://www.naturalgasintel.com/russia-halts-natural-gas-shipments-to-finland-for-failure-to-pay-with-rubles/
Germany and Italy approved Russian gas payments after nod from Brussels
https://www.reuters.com/markets/europe/germany-italy-approved-russian-gas-payments-after-nod-brussels-sources-2022-05-20/
TSLAwe are nearing that threshold of his collateral becoming an issue with today's drop-I don't have exact figures but somewhere around $600 or mebby a bit lower say $580 or so is where that comes into play again. at 1:42pm est it was at 643.84-65.58 (-9.24%) and a dump of about 3.6x bigger loss %-wise than the NAS on well over avg volume-this also has thefinancial cancer ARKK news working on it too so they are gonna make this an issue soon -cap this nigga. TSLA finished at 663.90-45.52 (-6.42%) so no help for it.
S&P 500 enters bear market, -20% from recent high
https://twitter.com/disclosetv/status/1527685726632038401
see this from February
>>124181, >>124182 The New York Fed Has Quietly Staffed Up a Second Trading Floor Near the S&P 500 Futures Market in Chicago
and this from March
>>131956 Without Registering as Stock Exchanges, Citadel Securities and Virtu Financial Account for More Stock Trading than the New York Stock Exchange
>>131818 pb Barclays Reveals $600 Million Mystery Loss On VXX-Linked Notes, Delays Buyback, Shares Tumble
Walking, talking financial CANCER Cathie Wood has now replaced TSLA in her "top" % for that ARKK BS with ROKU-It owns 1.59 million shares of TSLA, down from 5.79 million a year prior. You might wanna look at the CEO/BoD Chair share sales before you do that though-a steady seller of 80k shares 2x a month since late 2019 https://finviz.com/insidertrading.ashx?oc=1716837&tc=7 see >>135320 Tesla Loses Top Spot In Cathie Wood's ARKK ETF To Roku
In another "poof" that was fixed Europe 600 erased the week’s losses...
Trading HaltsSSDD the only one that is still listed in our morning session is MIME-the rest are gone. Limit Up halts: 5 halts early on LEJU Leju Holdings Limited 4.0210+0.8590 (+27.1663%): e-commerce and online media platform for real estate and home furnishing industries and it is connected to SINA Corporation (SINA) Eve Holding, Inc. (EVEX) 10.64+2.29 (+27.42%) engages in the development of urban air mobility solutions as well as an air traffic management-it is listed as a Tobacco company.....:I. Another halt and a mining ETF halted limit down-and btw if you think these (ALL OF THEM) will not be nationalized at the end this whole she-banga-bang yer fuggen insane-good luck AMC-kek VanEck Digital Assets Mining ETF 18.74-0.67 (-3.46%) 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 Slow drip down but nuffin really-Joe in South Korea so can't hab any major issues w/ out debt while he is on Japan, SoKo and China's doorstep now can he? Summary: Treasuries were notably bid this week, led by the longer-end (well when you fuckers at the NYFRB pushed out $4.6B of the 30 year yesterday what do you expect DERP!!!!. As the curve flattened significantly. 10Y yields tagged 3.00% during the week and then puked back lower, to their lowest close in a month.
FOREX-US$, Ruble, Yen, Pound, EUROUS $ up in overnight session 103.02.01 +0.30 0.20%, Rubel was flat @ 0.016097, Pound dropped correspondingly with the $s rise @ 1.2446 -0.003 -0.24% Euro same as pound 1.0565 -0.002 -0.19% all at 1:02pm JST.
In our session the Rubel was at 0.016227 +0.000131 +0.81%, Pound same as last night, Muh ¥ same-but the NYFRB is testing yen buying-see next panel of NYFRB Opeartions and how convienent right when no callsign Joe is in Korea and heading to Japan next. Euro 1.0549-0.0037-0.35%. The dollar suffered its first weekly drop in 8 weeks and the biggest weekly drop since the election in Nov 2020 it closed 103.07 +0.35 0.34%
>>135322 Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate see above about Finland who is in a heap of shit trying to be the holdout
Draghi copped to this on 0513 exactly one week ago so that opened the flood gates and since the Hungarians are NOT onboard with this the Polish can just tag along but say different things in public (55% of it's supply comes from Russia) so how long do you think they can go without?..not long. If they stop importing you are gonna see some VERY pissed polish citizens and the only thing that keeps this under wraps for now is that it's summer.
MetalsAu/Ag in Asian sessions dindu nuffin-there somewhat of a floor in Ag because although Private Advisors-see yesterdays report- sold $1.2B they are still in it for $63m @ $21.5--one of the reasons you din't see it drop below that for very long. Yesterday's COMEX contracts rose a little to 44,604 and at 5k/ozs per contract that gives you a total of 223,020,000/ozs taking the input price of $4.872B for May 19th. FUCKIN' ROCKET SCIENCE!!!!! >>135359 The Gold/Silver ratio stands here now at the print price $84.787(+0.784 (+0.93%) and gained back what it lost almost exactly. Au closed at +3.30 +0.18% Ag -0.17 -0.78%''' That is becasue they droped Ag and did nuffiin to Au. Still a gift-will let you know over the weekend from the local and what he has to say
=Oil/EnergySee cap #4 for Natty Gas heading back under $8 and was there (under) for a spellAsian session of WTI saw it at just under $109-better hurry up Aramco..tick, tock and basically just waffled around doing nuffin for a slow rise from last night and closed @ +0.49(+0.44%) Natty Gas headed lower as inventories are replenished-back to $8. WTI notched its fourth straight week of gains. The EU is hoping to clinch a deal on a proposed ban of Russian crude imports which includes carve-outs for member states most dependent on Russian oil, such as Hungary-who as already mentioned is NOT on board-see above. U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row. Auto club AAA said national average regular unleaded gasoline prices hit a record $4.59 per gallon on Friday. In smart MFers news: In India, crude oil imports in April were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel demand recovery and fight high prices.
1 of 2
2 of 2
NYFRB Operations today-the paper game vs 'cash'
A total of$2.030Tin overall transactions today just to get to the next day-nuffin to see here-this Repo is for three days to get to Monday an increase of $4B over yesterday
Third day over the $2T mark and this is to get to Monday-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 Reverse
Reverse Repossee cap #2 $1.987.T 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 $10.158B submitted vs. $1.728B accepted in two operations-less submitted today and accepted today by about $2B on the submitted side . An increase of $4.003B submitted today and $200m accepted so they are trying here and they are just not taking this-but we;re really gonna stop this soon TRUST US
https://www.newyorkfed.org/markets/desk-operations/ambs
Securities Lending OperationsSee Cap #4 $42.633B submitted and $41.724B accepted-with 2-Year Note CUSIP #91282CEK3 biggest at $5.009B of that. Less of this today submitted by $1.162Band less accepted by $2.597B
These were auctioned on May 2nd issued April 30th-can't even keep them for ONE month before flipping the back to the NYFRB
https://www.newyorkfed.org/markets/desk-operations/securities-lending
Central Bank Liquidity Swap Operations
They are testing the one for the Yen and did $51,000 today for 1 day @ 0.231%-this will get larger
''Start low and then steadily increase...told you they would be doing this and yesterday was just the latest reminder
>>135241 pb
>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.
and one with the EU for $208,500,000 for 8 days @ 1.08%
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
Some thangz...
Yeah with those halts being scrubbed and that one BGXX halted soemthing like 25 x in it's first 2 days after it IPO'd -sure Jerry we really beleive you. Now that is one stock by why are you scrubbing the halts every night??
'''Fed Chair Powell Says “Markets Are Orderly” and “Functioning.” They’re Not.==
This past Tuesday, Federal Reserve Chair Jerome Powell sat for an interview with Wall Street Journal reporter Nick Timiraos as part of the newspaper’s “Future of Everything Festival.” During that interview, Powell told Timiraos that U.S. markets “are orderly, they’re functioning.”
https://wallstreetonparade.com/2022/05/fed-chair-powell-says-markets-are-orderly-and-functioning-theyre-not/
So I've mentioned the Chhicago NYFRB Office-here is an example of this and mentioned above in the first paragraph-this is that office doing this/that-and always on the open
These Stock Patterns Are Impossible – Without Brazen Manipulation that the SEC Is Choosing to Ignore
https://wallstreetonparade.com/2022/05/these-stock-patterns-are-impossible-without-brazen-manipulation-that-the-sec-is-choosing-to-ignore/
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/
gonna rest muh fren
Russia Becomes One Of India’s Top 5 Oil Suppliers
https://oilprice.com/Latest-Energy-News/World-News/Russia-Becomes-One-Of-Indias-Top-5-Oil-Suppliers.html
> In smart MFers news: In India, crude oil imports in April were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel demand recovery and fight high prices.
SPAR19 USAF C-40B departed JBA after a ground stop of less than 60 minutes and on descent for Scott AFB, IL-since the callsign has remained the same it's a good bet that the original passenger (or part of that group) are still on board
FEVER19 US Navy E-6B Mercury sw from Pax River-picrel
GRZLY50 USMC C-560 heading to Nashville-just se of to Smyrna Airport wheer the Tennessee Army NG base is located at from a Maxwell AFB ground stop of about 45 minutes
Prior stop at Randolph AFB San Antonio for about same of 45 minutes
It departed from and is based out of MCAS Miramar-they usually stay on the west coast with an occasional foray east
going through it now
it's pretty obvious they (State AGs) are at the end of this suppression and just take marching orders from abovve-who also do same thing
Brnotgonnadonuffin and his nunchucks
bout fell on the floor-when I still could
nice to not have to wade into the cesspool to read that stuff
Plus no account so double bonus
BOXER48 (was 47 prior to Shannon, Ireland stop and refuel) C-40B es from Shannon after a JBA departure
This is Nancy's normal plane and not involved with the delegation going to London/Dublin /Belfast from 279 in above linky
Same type of AC (but not same tail #) where she spent 3 hours on ground at Rzesow Airport but they green screened her 'in Kyiv'
>>134490 Planefag 101 thread with Pelosi's 3 hour visit to ~~Kyiv~~ Rezesow Airport Poland
I'll go look over there in a few as I don't go on Twatter and only see it if posted next door.
go take a look in a few see what I can find
Got the Geneva Airport thang from there so I left a cap of the airport closed down and then re-opened
Take...give
CEOs Are Quitting Their Jobs At The Fastest Pace On Record
It's not just ordinary employees who are quitting their jobs at the fastest pace on record, as the latest JOLTs report showed when it revealed that in March the number of quits rose by another 152,000 to a record high of 4.5 million.According to Challenger, CEOs are bailing at a record pace as well: in a report published on May 18, business and executive coaching firm Challenger, Gray & Christmas, found that the number of CEO changes at U.S. companies rose 3% to 123 in April from 119 in March.
While that number is 8% lower than the 133 CEO changes announced in the same month in 2021, so far this year, 518 CEOs have left their posts, the highest January-April total since the firm began tracking monthly CEO changes in 2002. The number is up 18% from the 440 CEO exits announced through April last year, and up slightly from the previous high of 513 exits announced in January through April of 2019.
Thirty CEOs retired last month for a total of 122 so far this year, while 150 CEOs stepped into other high-level roles within the company, usually as a Chair or advisor to the CEO, this year. Another 9 CEOs left for new opportunities, for a total of 36 in 2022.The rate of women taking over the incoming CEO role ticked up to 26% so far in 2022, holding steady from the rate of incoming women CEOs in all of 2021. Of outgoing CEOs, through April, 20% of the 518 CEOs who left their posts were women, compared to 16% of the 440 CEOs who left their posts in the first quarter of 2021. In all of 2021, 19.6% of CEOs who left their posts were women.
Looking at the industries with the highest change in leadership, Government/Non-Profit entities led CEO turnover in March with 27, for a total of 118 so far this year. That is a 53% increase over the same period in 2021, when 77 CEOs left their posts in this sector.
Meanwhile, Technology companies (which for the most part are also non-profit) saw 47 CEO changes so far this year, followed by Health Care firms with 46. The Services sector had 42 CEOs leave their posts, while Entertainment/Leisure companies saw 37. Financial sector firms saw 31 CEO exits through April.
https://www.zerohedge.com/economics/ceos-are-quitting-their-jobs-fastest-pace-record
EM Twat(s)
https://twitter.com/elonmusk/status/1527774704018280448?s=20&t=tOn4CcSb7gXR5ANrld2FZA
Fifth Circuit Court deems actions and assigned responsibilities from Congress are unconstitutional
https://www.ca5.uscourts.gov/opinions/pub/20/20-61007-CV0.pdf
Petitioner Jarkesy established two hedge funds and selected Petitioner
Patriot28 as the investment adviser. The funds brought in over 100 investors
and held about $24 million in assets. In 2011, the SEC launched an
investigation into Petitioners’ investing activities, and a couple of years later
the SEC chose to bring an action within the agency, alleging that Petitioners
(along with some former co-parties) committed fraud under the Securities
Act, the Securities Exchange Act, and the Advisers Act. Specifically, the
agency charged that Petitioners: (1) misrepresented who served as the prime
broker and as the auditor; (2) misrepresented the funds’ investment
parameters and safeguards; and (3) overvalued the funds’ assets to increase
the fees that they could charge investors.
More Subprime Borrowers Are Missing Loan Payments
The share of subprime credit cards and personal loans that are at least 60 days late is rising faster than normal, according to credit-reporting firm Equifax. In March, those delinquencies rose month over month for the eighth time in a row, nearing their prepandemic levels. Rising delinquencies were inevitable following their decline during the pandemic, many lenders and analysts said. Even so, the increase is getting attention from investors partly because the Federal Reserve, facing the highest inflation since the early 1980s, is embarking on what is expected to be the sharpest series of interest-rate rises in years. Higher loan delinquency figures can indicate stress on the part of consumers whose spending is a significant driver of economic activity.
Fears that rising rates will throw the economy into recession have fueled the worst start of the year for stocks in decades. A poor earnings season for major U.S. retail chains has intensified those concerns this week, prompting large declines in major retail shares and sending the Dow Jones Industrial Average to its steepest drop of the year Wednesday. Delinquencies on subprime car loans and leases hit an all-time high in February, based on Equifax's tracking that goes back to 2007. Many people, including those with less-than-perfect credit, paid off debts and built up savings during the pandemic, a surprising outcome considering that lenders at first thought borrowers would default en masse when Covid-19 hit. The government's response, including stimulus payments and child tax credits, boosted many families' financial health.
https://news.slashdot.org/story/22/05/20/177250/more-subprime-borrowers-are-missing-loan-payments
These are the people with the least to spare, so they'd be the first to stop paying when times are tough.
Thus the "canary in a coal mine" and also:
Sub-prime/sub-marine; a hidden enemy vessel that allows enemy soldiers to damage the economy?
SAM068 USAF G5 departed JBA and went to West Point (New York Stewart Airport) this is West Point's Airport for the Graduation Ceremony taking place now
Occurs May 18-22 with biggest one today
https://www.westpoint.edu/graduation-2022/event-details
Egyptian AF SUBTV Falcon 7x departed New Castle Cty Airport, Delaware after arriving from St. Louis (Falcon has a maintenance facility there) on 0519
Australian AF ASy570 C017 Globemaster departed McGuire AFB after arriving from RAF Brize Norton yesterday
It made a trip to Rzesow Airport, Poland on 0518 and back to RAF Brize Norton
Oman AF MJN516 A-320 departed Bucharest after a ground stop of about 90 minutes nw
Lavrov was at Muscat, Oman on May 11th
Muscat - His Majesty Sultan Haitham bin Tarik received Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, at Al Baraka Palace on Wednesday, according to Oman TV
https://www.omanobserver.om/article/1118944/oman/his-majesty/his-majesty-receives-russian-foreign-minister
See cap#2 for Lavrov's depart from Muscat and arrival at Tashkent, Uzbekistan and then transferred to Dushanbe for meetings
Oman AF MJN576 A-320 switched on at Muscat Airport-preparing to depart
German AF GAF689 GLT5 departed Dulles Int'l after an overnight heading sw
It arrived at Teterboro Airport, NJ on 0519 and yesterday departed from same
It had a stop at Chicaco O'hare-for no more than 15 minutes if that-basically made a quick pick up then had a few low passes at Kansas City Int'l then same at Memphis Int'l and arrived at Dulles.-see cap #2
They are likely having 'discussions' abroad this AC away from prying ears. Possibility it is pilot training however with what is currently going on with Germany's energy issues that seems very unlikely.
Belgian AF BAF86 FAlcon 7x sw from Grand Forks AFB, ND after an overnight and arrival from Brussels Int'l-one of two High-level VIP transport Falcon 7xs the other being OO-FAE
German AF GAF689 GLT5 landed at Atlanta Int'l from Dulles Int'l depart
Nigerian AF 5NFGNU Falcon 7x arrived at Nnamdi Azikiwe International Airport, Abuja Nigeria after departing Dhabi
Nigerian President Muhammadu Buhari on that AC
Buhari Joins Payers For Late UAE President
President Muhammadu Buhari on Friday in Abu Dhabi, the capital of the United Arab Emirates (UAE), joined the faithful to observe Jummah prayers, at which prayers were said for the repose of the soul of the late President of UAE, Sheikh Khalifa bin Zayed Al Nahyan. The President attended the Friday prayers at Sheikh Sultan Bin Zayed The First Mosque. According to a statement by Presidential spokesman, Garba Shehu, he was accompanied by members of the Nigerian delegation, who are on condolence and a congratulatory visit to the Middle East country, following the death of Sheikh Khalifa and the subsequent election of his successor, Mohammed bin Zayed Al Nahyan.
https://leadership.ng/buhari-joins-payers-for-late-uae-president/
It landed 6 minutes....6 minutes...6 minutes ago
#915update
notables, not endorsements
>>135320 Tesla Loses Top Spot In Cathie Wood's ARKK ETF To Roku
>>135322 Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate
>>135325 Creepy Investigation into DeSantis’ Press Secretary Christina Pushaw Shows How Desperate the Democrats Are
>>135326 BOXER47 USAF C-40B departed JBA and likely part of this from last night >>135279 pb BOXER46 USAF C-40B on descent for Brussels Int'l
>>135329 Justin Trudeau met with Ukrainians in a war zone but he was too scared to meet with a bunch of truckers in Canada. umm no he dint >>134834 planefag 101 showing he went to Rzesow and not Kyiv
>>135333, >>135348 Swedish AF SVF637 G4 east after Dubai stop/refuel-looks like New Delhi at present as PM Magdalena Andersson Swedish AF SVF637 G4 in at Dubai from Stockholm-looks like New Delhi at present as PM Magdalena Andersson
>>135334 UAE AF UAF1351 CL60 departing Istanbul after arriving on 0517-Kazakhstan AF AERODATA Beech Super King Air 350 ISR over west Berlin
>>135336 @conservative_news Tina Forte "let's help her"
>>135337, >>135369, >>135372 Devolution Part 21 Patel Patriot
>>135338, >>135339, >>135344 Flight operations halted at Geneva Airport due to on going fire and Ops resume
>>135347 SUMO45 USMC C-130 Super Hercules doing roundies at JB Elmendorf
>>135349, >>135350 June 15th for the Seth Rich reveal?
>>135351, >>135391 Former Clinton campaign manager testifies that Hillary Clinton personally approved providing one of the Trump-Russia stories (Alfa Bank) to the press.
>>135354 @redstatewatcher Biden added another record to his infamous portfolio of terrible outcomes – his approval rating just slipped to its worst reading
>>135358, >>135378, >>135380 SPAR19 Consul General Darragh Paradiso left Brussel-RCAF CFC3180 A330 Crown-Indigenous Relations Minister Marc Miller back to Ottawa after Chucky adn CAmila visit in Yellowknife
>>135360 @redstatewatcher In a stunning turn of events, House Speaker Nancy Pelosi has been barred from communion by her regional Archbishop, Salvatore Cordileone
>>135361, >>135363, >>135345 pb Mkt Fag: OMG we're all gonna die (early headlines) because a fat-bloated market dropped a few % points...but Janet arrived with some love late-edition + NYFRB Operations for today
>>135362 Big Guy Biden Lawyers-Up for Hunter Fallout
>>135367 China Quietly Ramping Up Purchases of Cheap Russian Oil
>>135368 China Has Militarized Seafarers Says US Navy Report
>>135370 @Kash Whats that, you want ALL DAY #DurhamWatch
>>135371 @redstatewatcher In another win for Republicans, a Florida appeals court lifts a lower court injunction and reinstates the DeSantis-backed 20R-8D map
>>135382, >>135396 BOXER48 (was 47 prior to Shannon, Ireland stop and refuel) C-40B es from Shannon after a JBA departure-This is Nancy's normal plane
>>135384 Ep. 2780b - [HRC] Approved The Alpha Bank Hoax, Durham’s Path Is Clear, Buckle Up
>>135385 CEOs Are Quitting Their Jobs At The Fastest Pace On Record
>>135386 Drama at the People's Convoy y/t
>>135387 EM Twat(s) and Fifth Circuit Court deems actions and assigned responsibilities from Congress are unconstitutional +enclosed .pdf
>>135388 More Subprime Borrowers Are Missing Loan Payments
>>135408 SAM057 USAF C-32 A departed JBA south on 0518-Jill Biden visits Panama on Latin America tour
>>135419 SAM068 USAF G5 departed JBA and went to West Point (New York Stewart Airport) Graduation Ceremony taking place now-Egyptian AF departed New Castle/Aussie C-17 left McGuire
>>135420 Oman AF MJN516 A-320 departed Bucharest after a ground stop of about 90 minutes nw
>>135421, >>135423 German AF GAF689 GLT5 departed Dulles Int'l after an overnight heading sw-and landed at Atlanta-Belgians departed Grand Forks AFB
>>135426 Nigerian AF 5NFGNU Falcon 7x arrived at Nnamdi Azikiwe International Airport, Abuja Nigeria after departing Dhabi
#915update and final
notables, not endorsements
>>135320 Tesla Loses Top Spot In Cathie Wood's ARKK ETF To Roku
>>135322 Ruble Hits 7-Year High As Gas Buyers Bow To Putin's Payment Mandate
>>135325 Creepy Investigation into DeSantis’ Press Secretary Christina Pushaw Shows How Desperate the Democrats Are
>>135326 BOXER47 USAF C-40B departed JBA and likely part of this from last night >>135279 pb BOXER46 USAF C-40B on descent for Brussels Int'l
>>135329 Justin Trudeau met with Ukrainians in a war zone but he was too scared to meet with a bunch of truckers in Canada. umm no he dint >>134834 planefag 101 showing he went to Rzesow and not Kyiv
>>135333, >>135348 Swedish AF SVF637 G4 east after Dubai stop/refuel-looks like New Delhi at present as PM Magdalena Andersson Swedish AF SVF637 G4 in at Dubai from Stockholm-looks like New Delhi at present as PM Magdalena Andersson
>>135334 UAE AF UAF1351 CL60 departing Istanbul after arriving on 0517-Kazakhstan AF AERODATA Beech Super King Air 350 ISR over west Berlin
>>135336 @conservative_news Tina Forte "let's help her"
>>135337, >>135369, >>135372 Devolution Part 21 Patel Patriot
>>135338, >>135339, >>135344 Flight operations halted at Geneva Airport due to on going fire and Ops resume
>>135347 SUMO45 USMC C-130 Super Hercules doing roundies at JB Elmendorf
>>135349, >>135350 June 15th for the Seth Rich reveal?
>>135351, >>135391 Former Clinton campaign manager testifies that Hillary Clinton personally approved providing one of the Trump-Russia stories (Alfa Bank) to the press.
>>135354 @redstatewatcher Biden added another record to his infamous portfolio of terrible outcomes – his approval rating just slipped to its worst reading
>>135358, >>135378, >>135380 SPAR19 Consul General Darragh Paradiso left Brussel-RCAF CFC3180 A330 Crown-Indigenous Relations Minister Marc Miller back to Ottawa after Chucky adn CAmila visit in Yellowknife
>>135360 @redstatewatcher In a stunning turn of events, House Speaker Nancy Pelosi has been barred from communion by her regional Archbishop, Salvatore Cordileone
>>135361, >>135363, >>135345 pb Mkt Fag: OMG we're all gonna die (early headlines) because a fat-bloated market dropped a few % points...but Janet arrived with some love late-edition + NYFRB Operations for today
>>135362 Big Guy Biden Lawyers-Up for Hunter Fallout
>>135367 China Quietly Ramping Up Purchases of Cheap Russian Oil
>>135368 China Has Militarized Seafarers Says US Navy Report
>>135370 @Kash Whats that, you want ALL DAY #DurhamWatch
>>135371 @redstatewatcher In another win for Republicans, a Florida appeals court lifts a lower court injunction and reinstates the DeSantis-backed 20R-8D map
>>135382, >>135396 BOXER48 (was 47 prior to Shannon, Ireland stop and refuel) C-40B es from Shannon after a JBA departure-This is Nancy's normal plane
>>135384 Ep. 2780b - [HRC] Approved The Alpha Bank Hoax, Durham’s Path Is Clear, Buckle Up
>>135385 CEOs Are Quitting Their Jobs At The Fastest Pace On Record
>>135386 Drama at the People's Convoy y/t
>>135387 EM Twat(s) and Fifth Circuit Court deems actions and assigned responsibilities from Congress are unconstitutional +enclosed .pdf
>>135388 More Subprime Borrowers Are Missing Loan Payments
>>135408 SAM057 USAF C-32 A departed JBA south on 0518-Jill Biden visits Panama on Latin America tour
>>135419 SAM068 USAF G5 departed JBA and went to West Point (New York Stewart Airport) Graduation Ceremony taking place now-Egyptian AF departed New Castle/Aussie C-17 left McGuire
>>135420 Oman AF MJN516 A-320 departed Bucharest after a ground stop of about 90 minutes nw
>>135421, >>135423 German AF GAF689 GLT5 departed Dulles Int'l after an overnight heading sw-and landed at Atlanta-Belgians departed Grand Forks AFB
>>135426 Nigerian AF 5NFGNU Falcon 7x arrived at Nnamdi Azikiwe International Airport, Abuja Nigeria after departing Dhabi
>>135429 Trading Halts from yesterday scrubbed again