tyb
good morning
'SAM194 USAF G5 departed Teterboro Airport NW-after an overnight-arrived yesterday from JBA-high level AC frrom the 99th Airlift Squad-top 3
BOXER41 USAF C-40C departed JBA NE-this in Nancy's 'normal' AC
Dunno if she on it or if she is supposed to be in LA for the summit of no one attending
TITAN25 USAF E-4B Nightwatch switched on at Peterson AFBSec. of Defense Austin ready to depart to Hawaii then Singaporeto 'meet' with the Chinese
HULK25 USAF E-4B Nightwatch departed Robins AFB, GA NW-displays as tail #73-1676
C202 US Coast Guard G5 west after departing Reagan National Airport
Last I saw the 'partner' AC to this C101 was still at LAX but is having difficulty being recalled with it's tail # so I gather it is still there afaict
It has been speculated that these Coast Guard ACs are being used by the Navy (covertly) and C101 did go to Uvalde for 3.5 hours on Monday before arriving at LA >>137752
gibs me few for that-ear
"heads up asses"
as if it would be any different-I looked for about 5 minutes yesterday-SSDD just King Retard making the usual complaints and statements.
You'd think they would tire of doing nuffin but that but no
good I'll take some of that
Been good on that front-no niggly shit-no colds
Jebus if I got something like that now I'd probably pass out from coughing (ribs)
Czech President Shakes Up Central Bank, Removes Rate Hawks
Czech President Milos Zeman is revamping the central bank after criticizing it for overly aggressive interest-rate increases to combat the fastest growth in living costs in nearly 30 years. Zeman, who has the sole right to pick central bankers, named three new members to the policy making board on Wednesday, rejecting second terms for two hawkish rate setters. The changes follow last month’s surprising appointment of Ales Michl, who has been a vocal opponent of the rapid monetary tightening, as the new governor. The president picked Eva Zamrazilova, Jan Frait and Karina Kubelkova to take seats on the board, along with Michl assuming the helm, at the beginning of July. The changes are a manifestation of Zeman’s views that inflation is largely caused by shocks from abroad and that too much monetary tightening may be helping to drive up prices. Zamrazilova will become a deputy governor. The koruna reacted to the appointment by gaining 0.7% to 24.582 to the euro, the biggest intraday appreciation since May 13. After voting against all eight interest rate increases over the past year, which raised the benchmark by a cumulative 550 basis points, Michl said borrowing costs should be high enough to contain home-grown inflation risks when he takes over the bank.
But he left the door open for more potential tightening if strong demand threats emerge.
The central bank last raised rates in May, by 75 basis points to 5.75%, as the majority of the board feared that cost shocks from abroad were quickly spilling over into the broader economy and may fuel wage demands.
https://www.bloomberg.com/news/articles/2022-06-08/czech-president-shakes-up-central-bank-by-removing-rate-hawks
Based on what I see with tracking these Czech flights-the PM and the President 'fight' in public quite a bit but who knows if it's an act-probably is with PM appearing moar "reasonable" to citizens than the President-just some observations while reading the articles trying to figure out who is on what AC
At least that is how it 'appears' now-I'm sure they will switch roles on the next subject
let me get some covfefe and I'll check muh ear again
shitbit/cody/our"i've seen 4 digit SAM flights (not naming to not piss off someone)
pick 'em at this point
btw look at the yellen clip from Tucker last night
he using versions of memes used in here
"dude where is muh economy"
dude where is muh treasury
about 3:41 in
edit above ^^ still had y/t linky
feex't
Here we have yet another 'story' being placed to take advantage of a short position and Puts on the banking system-mentioned yesterday with the huge imbalance of Puts vs Calls so they just invent a story that someone is gonna buy it and all the short bus peeps cover
Credit Suisse shares spike on reported State Street takeover interest
Shares in Credit Suisse (CSGN.S) turned sharply higher in afternoon trade on Wednesday with traders citing an Inside Paradeplatz report saying that U.S-based State Street (STT.N) is planning a takeover bid for the troubled Swiss lender.
Credit Suisse shares earlier lost almost 8% getting closer to its lowest in over 20 years as investors dumped the stock after the company warned of a likely second-quarter loss as volatility hit its investment bank.
https://www.reuters.com/markets/deals/credit-suisse-shares-spike-reported-state-street-takeover-interest-2022-06-08/
like anyone would by THIS tub-of shit
As a reminder CDS queen Blythe "never saw an enforcement action against for the crap she pulled at the Morgue" Masters in on the BoD here and was 'elected' in 2021
Blythe's current function(s) at Credit Suisse
*Chair of Credit Suisse Holdings (USA), Inc. (2022–present)
*Chair of the Digital Transformation and Technology Committee (2022–present)
i.e converting all the shitty assets into tokens
*Member of the Governance and Nominations Committee (2022–present)
*Member of the Compensation Committee (2021–2022)
*Member of the Risk Committee (2021)
https://www.credit-suisse.com/about-us/en/our-company/our-management/board-of-directors/blythe-masters.html
Reported short interest went down quite a bit but that does not reflect Puts.
https://www.marketbeat.com/stocks/NYSE/CS/short-interest/
April to May -26.05%
>>137907 lb
>And as a ZH article points out "there is still an enormous size of legacy “Puts over Calls” into next week’s MASSIVE Serial / Qtrly Op-Ex, which means there is potential for significant inflection coming-out depending on what investors do with resetting hedges or letting them roll-off". So (((they))) will need to SKY this MOFO to avoid having to pay out on that imbalance.
Mexican AF FAM3527 and 3526 737s departed Mexico City heading NW-not Obrador's AC-his is #3529 afaik still-are we seeing 'some' participation here?-or are they just going for the blow the Colombians delivered last night? >>137955 lb
This (linky and Mexican AF AC) arrived on Thursday last week at JBA and is still there according to ADS-B >>137072 Mexican AF FAM3528 737 arrived at JBA on 0602
FAC001 Colombia AF 737 on ground at Los Angeles Int'l President Iván Duque Márquez after departing from Bogota last night
MBA: Mortgage Applications Decrease (i.e HALO'd) in Latest Weekly Survey
Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2022. This week’s results include an adjustment for the Memorial Day holiday.... The Refinance Index decreased 6 percent from the previous week and was 75 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 7 percent from one week earlier. The unadjusted Purchase Index decreased 18 percent compared with the previous week and was 21 percent lower than the same week one year ago.
“Weakness in both purchase and refinance applicationspushed the market index down to its lowest level in 22 years. The 30-year fixed rate increased to 5.4 percent after three consecutive declines. While rates were still lower than they were four weeks ago, they remained high enough to still suppress refinance activity. Only government refinances saw a slight increase last week,” said Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting. “The purchase market has suffered from persistently low housing inventory and the jump in mortgage rates over the past two months. These worsening affordability challenges have been particularly hard on prospective first-time buyers.”
...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.40 percent from 5.33 percent, with points increasing to 0.60 from 0.51 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans The refinance index is at the lowest level since the year 2000. According to the MBA, purchase activity is down 21% year-over-year unadjusted.
https://www.calculatedriskblog.com/2022/06/mba-mortgage-applications-decrease-in_0508938884.html
>>137523 pb
>7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index-- This ought to be moar fun with data here as the weekly inventories increase by 11% (annualized) last week. With higher mortgage rates, the refinance index has declined sharply over the last several months.
morning
Embattled Credit Suisse Issues Another Profit Warning
Credit Suisse Group AG (NYSE:CS) is the latest in a string of major companies to issue a profit warning. The European lender said it will most likely see a loss for its second quarter, thanks to the Russia-Ukraine conflict and monetary tightening. This marks Credit Suisse's third-straight quarterly profit warning, with the bank calling 2022 a "transition" year, amid it's recent c-suite shakeup and last year's string of costly scandals.
The shares were last seen down 7.5% to trade at $6.42, set to extend their 28% year-to-date deficit. CS has managed to distance itself from its May 12 record low of $6.07, though the 50-day moving average swiftly rejected this rally. Now, CS is looking to close back below recent support at its 20-day moving average.
Analysts are already hesitant on Credit Suisse stock. Of the five in coverage, three say "hold" and two say "sell" or worse. Plus, the 12-month consensus price target of $6.79 is a 2.2% discount to current Tuesday's close.
Short-term options traders have also taken a bearish stance. The security's Schaeffer's put/call volume ratio (SOIR) of 1.09 sits higher than 77% of readings from the past year. In other words, these traders are incredibly put-biased right now.
https://www.schaeffersresearch.com/content/news/2022/06/08/embattled-credit-suisse-issues-another-profit-warning
https://finance.yahoo.com/quote/CS
33,452,554 shares traded against it's daily avg of 13,253,847
muh inet fuggen up
created on 0930 '21
Silver (Ag) contracts increased yesterday and day before-June is a delivery month so not unique but they up over 70k now: 72,461 contracts at 5k/oz per contract= 374,205,000/ozs with an input price of $22.10 gives you $8.269B 'traded' yesterday
Most of this was on the July contract: 51,446 contracts
https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
Europe and Med activity
>>137742 pb
German AF GAF848Minister of Foreign Affairs Analena BAERbockreturning home early because of muh postive rona test-bwahahahahahaha-had a fuel stop in Dubai after departing Islamabad
German FM cuts trip after positive COVID test in Pakistan
https://mynorthwest.com/3506862/german-fm-cuts-trip-after-positive-covid-test-in-pakistan/
Italian AF IAM9002 A-319Mario Draghideparting Rome
Flights cancelled in Italy as air traffic controllers strike
Travellers faced disruption across Italy on Wednesday as air traffic controllers went on strike and unions also called out workers from budget airlines on four-hour stoppages, prompting the cancellation of hundreds of flights. Around 360 flights have been cancelled with over 4,000 passengers affected, a spokesperson for the UIL Trasporti union said on Wednesday.
https://kdal610.com/2022/06/08/flights-cancelled-in-italy-as-air-traffic-controllers-strike/
Hungarian AF HUAF255 A319 departed Konya, Turkey after a ground stop of about 70 minutes and had a stop at Prishtina, Kosovo for less than 60 minutes
Swiss AF SUI541 Falcon 900 departed Brussels after arriving yesterday-about 22 hours on the ground-heading back to Bern/Belp Airport
no callsign Potato in 82-8000 747 departed JBA heading to Los Angeles Int'l -and look at the very FIRST thing he does upon arrival in smell A
09-0016 USAF C-32A also departed JBA and will go to a different airport per S.O.P.
Potato Schedule
5:40pm est tapes an appearance on Jimmy Kimmel Live! (2:40 PM Local)
7:00pm est greets with heads of delegations at the Ninth Summit of the Americas (4:00 PM Local)
8:15pm est participate in the inaugural ceremony of the Ninth Summit of the Americas; The President delivers remarks (5:15 PM Local)
https://factba.se/biden/calendar
refresh
put some red text in potato
ok or keep all bold?
Russian Inflation Slows After Spike and Likely Clinches Rate Cut
see below'
Russian inflation slowed more than forecast ahead of an interest-rate decision on Friday, capping a reversal for an economy that’s learning to live under sanctions imposed over the invasion of Ukraine.
Consumer prices rose an annual 17.1% in May after a gain of 17.8% a month earlier, the Federal Statistics Service said Wednesday. The median estimate in a Bloomberg survey of 20 economists was 17.4%.
On a monthly basis, inflation was just 0.1%, below every forecast in another poll. Prices declined in the seven days ended June 3, the second time Russian inflation turned negative in recent weeks.
Inflation has peaked much quicker than anticipated this spring as domestic demand cooled off and gains in the ruble put the brakes on prices. International sanctions aimed at crippling Russia’s economy initially led to a brief currency shock and supply disruptions, followed by a wave of panic buying that further drove up prices.
Encouraged by the strong momentum behind disinflation, Bank of Russia Governor Elvira Nabiullina has already cut rates three times since the the beginning of April, delivering nine percentage points of easing for an economy in recession. A smaller move is likely this week, with most economists surveyed by Bloomberg predicting the benchmark will be cut to 10% from 11%.
https://www.bnnbloomberg.ca/russian-inflation-slows-after-spike-and-likely-clinches-rate-cut-1.1776130
I wouldn't wave the' victory flag' here just yet-one month does not make a trend-but is is heading in the right direction-I dunno what they include or exclude but I'm sure it's not as bad as us-remember ours went 'down' by 2/10ths of a % and they declared it peaked for the 6th gorillionth time...wait until ours come out on Friday. When it drops below the point just to the left of where it's at then I would consider it heading down-gotta LONG way to go to declare victory here though.
;)
Twitter Spikes On Reports Firm Will Comply With Musk's Bot Data Demands
Just two days after Twitter’s board plans to comply with Elon Musk’s demands for internal data, Washington Post reports, citing a person familiar with the company’s thinking.
WaPo's Elizabeth Dwoskin reports that after weeks-long impasse, Twitter's board plans to comply with Elon Musk's demands for internal data by offering access to its full "firehose," the massive stream of data comprising more than 500 million tweets posted each day, according to a person familiar with the company's thinking, who spoke on the condition of anonymity to describe the state of negotiations.
The firehose could be provided as soon as this week, the person said. Currently some two dozen companies pay for access to the trove, which comprises not only a real-time record of tweets but the devices they tweet from, as well as information about the accounts that tweet. Will this be enough to satisfy Musk?
One has to wonder, why did it take 2 days to respond? Was that enough time to 'rig' the data? And how long will it take Musk top analyze this 'firehose' of data?
https://www.zerohedge.com/markets/twitter-spikes-reports-firm-will-comply-musks-bot-data-demands
Everything else just took a shit though-top of that chart
(((They))) have to close that premium down and even after that it's still barely a $40 buck stock'
unfortunately it's been that way for a long time-exacerbated now for sure but these issues were around in the mid 90's and earlier
When they started the 'clean' needle program in the late 80s THAT did it
Just one factor why we left-the other major one was never being able to afford a house.
Seeing a smaller place than we were renting listing for $750k and that was in 1998 too just pushed it over the edge
Ok so this is why everything shit the bed-they afraid of losing the HFT angle but this is Gary (Former CFTC Chair and CFO for Hillary 2016-and Crypto 'expurt) fuggen Gensler...don't believe a WORD he says.
You (SEC) have to STOP the incentivizing for placing orders that the market makers give to the big firms-and everyone else ftm so until you take that away this doesn't really make a difference-so what if you make this data public and it only applies to the retail frontrunning?
Yah try harder Gary...good start but WAY moar needed here and he knows it.
Stocks Puke Into Red After SEC's Gensler Proposes Major Market Structure Change
SEC Chair Gary Gensler said he has asked agency staff to consider requiring brokerages to route individual investors’ orders to buy or sell stocks into auctions, as part of an effort to increase competition in the market. These proposed (and unprecedented) changes to market structure would make it virtually impossible to frontrun retail orders. ""but it still allows the big bois to fuq with themselves and retail makes up such a small % overall...'''
“Right now, there isn’t a level playing field among different parts of the market: wholesalers, dark pools, and lit exchanges,” Gensler said in remarks prepared for an event hosted by Piper Sandler. “It’s not clear, given the current market segmentation, concentration, and lack of a level playing field, that our current national market system is as fair and competitive as possible for investors.”
The potential change would represent a major shakeup to the lucrative business of executing trades in the stock market, and directly impact how brokerages including Citadel Securities, Virtu Financial and Robinhood Markets process many retail trade orders.
In addition, Mr. Gensler said he has directed SEC staff to potentially allow stock exchanges to quote shares in increments of less than 1 cent. This could enable venues such as Nasdaq or the New York Stock Exchange to better compete with wholesalers, which can beat the prices publicly displayed on exchanges by adding or subtracting hundredths of a penny to the price of a stock.
“Why not allow all venues to have an equal opportunity to execute at sub-penny increments?” Mr. Gensler said in the speech.
HOOD shares are down hard... having already puked earlier in the week on the leaks of Gensler's plans...And may go lower...and this puts RobinHood literally out of biz. The bottom line: don't hold your breath, but it appears that some 13 years after this website first brought attention to the widespread scam that is HFT, the "high freaks" may be on their way out.
https://www.zerohedge.com/markets/stocks-puke-red-after-report-sec-market-structure-change
You not the only one is this fight ZH-others been doing longer and saw all this coming before 2009-they tested all this shit (HFT) in the OpEx mrkts-saw them do itand so did Michael Lewis (Flash Boys) so don't pat yourself on the back too much.
Plus they will NEVER give up the advantage amongst themselves so good start but LONG way to go
pb deez
>>131956 Without Registering as Stock Exchanges, Citadel Securities and Virtu Financial Account for More Stock Trading than the New York Stock Exchange
>>136105, >>136107, >>136109 CFTC Orders Glencore to Pay $1.186 Billion for Manipulation and Corruption + Glencore co-founder Marc Rich/James Comey Clinton Foundation and Market Rigger Virtu Financial all connected
Godzilla: "please read this....Mkt Fag been all over this shit since late 2020-and before".
As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight
Back in March, we correctly predicted that the "Yen is At Risk Of "Explosive" Downward Spiral With Kuroda Trapped", and since then it's gotten from bad to worse for the currency, and the country that has become ground zero for the twilight of the dismal MMT experiment, which after decades of simmering is finally approaching its terminal, catastrophic, and hyperinflationary phase.
Overnight, the yen plunged to the lowest since 2002, with the USDJPY rising as high as 134.47 and accelerating its recent push higher...and this guarantees a record level Reverse Repo imo-probably a lot higher than yesterday's so this correlation that was pointed out is now SOLID
And right on cue 15 minutes ago here is what they did with Reverse Repos (it will be covered later on too): $2,140.277'''
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
>>137908 pb NYFRB Operations today-June 7th, 2022
>The Highest amount on a daily basis EVER for a second straight day-there is a correlation to the Yen
See our interview with Mecha-Godzilla from yesterday regarding what they are doing with the Repos based on the daily 'value' of the Yen
After the "trapped" BOJ governor, Haruhiko Kuroda, stuck to his usual talking points regarding the currency, monetary policy and economy, speaking in parliament Wednesday.
Like a perpetually broken record, Kuroda said that "a stable weaker yen is positive for the overall economy although its impact varies across economic actors," and that he was aware of criticism and complaint over the recent yen slump, adding that a rapid, major drop in the yen isn’t desirable as it increases uncertainty and makes corporate planning difficult. Well, he may be "aware" of the risks and yet he is doing nothing just as the yen "slumps" for the simple reason we explained back in March: the BOJ can keep 10Y JGBs "stable" at 0.25% through “yield curve control” (dovish in normal times, catastrophically dovish at a time when the rest of the world is actively raising rates... but with Japan's debt load it really has no other choice), or keep the yen stable, but not both. And so far, Kuroda has picked stable rates, while letting the yen crater.
“Kuroda’s comments were the catalyst for accelerating yen selling, as they renewed market focus on monetary policy divergence,” said Jun Kato, chief market analyst at Shinkin Asset in Tokyo. “The picture of the yen being left out as a lone loser came to the fore as markets actively price in an ECB rate hike while the Australian dollar remains on an uptrend with its clear tightening stance.” Meanwhile, as Bloomberg notes, the yen’s historic weakness is spreading from the dollar into other currency crosses: Bloomberg’s Correlation-Weighted Currency Index for the yen - a gauge of its relative strength against a broad basket of Group-of-10 peers - slumped to a seven-year low Wednesday. And while there is no bottom in sight for the yen, the bigger problem is that this is starting to translate into higher prices, i.e., inflation. Yes, in a case of "be careful what you wish for you just might get it", we reported in April that "Yen's Problem Is That Japan Will Also See Inflation In 2022", and the lower the yen falls, the greater the imported (if not the desired wage-price spiral) inflation. In fact, it will get so bad, that at some point not even the BOJ will be able to "control" yield curves, at which point it will face a dire choice: either unleash an unprecedented liquidity flood, or let the curve catch up to reality, both of which would be dire outcomes for Japan, and will set the scene for the MMT endgame as the country where unorthodox central bank policy was incubated over the past 40 years - Japan was the first country to do ZIRP, NIRP, QE and central bank equity buying - comes to a jarring, catastrophic end.
https://www.zerohedge.com/markets/yen-crash-accelerates-it-puts-catastrophic-end-mmt-experiment-spotlight
>and this guarantees a record level Reverse Repo imo-probably a lot higher than yesterday's so this correlation that was pointed out is now SOLID
Mediocre, Tailing 10Y Auction As Buyers Balk Ahead Of Friday's CPI Print
**Dealers had to take17%of this
Heading into today's 10Y auction, one day after yesterday's mediocre, tailing 3Y and with yields moving back higher after yesterday's slump, JPMorgan's rates strategists said that they expected the $33bn auction to be digest smoothly, "given the sector looks rich, has seen a strong move higher in yield, and that the auction size is smaller in size." They were right, more or less.
Except missing in this is the amount(s) they are tossing back and forth to each other to achieve this 'result'
Pricing at a high yield of 3.03%, today's 9-Year, 11-Month reopening of CUSIP EP2 priced at a high yield of 3.030%, rising by 9bps from last month's 2.943%, the highest since Nov 2018, and tailing the When Issued 3.018 by 1.2bps. The tail, which was somewhat unexpected since there was a generous concession into today's auction, was the 4th consecutive tail for the 10Y which has seen just one stop through in the past 8 auctions (in Feb 2022).
The Bid to Cover of 2.41 was below last month's 2.49, and below the six-auction average of 2.50.
The internals were also lousy with Indirects taking down just 63.6%, down sharply from 70.3% last month and below the recent average of 69.1%. And with Directs taking down 19.4%, or the highest since Dec 2019, meant Dealers-see cap#2 were left holding17.0%of the auction, above both last month's 11.5% and the recent average of 13.6%. Overall, another quite mediocre auction if nothing catastrophic ahead of Friday's CPI, and certainly nothing that suggests the bond market is starting to shut down ahead of the first official Fed balance sheet QTightening one week from today when a $15Bn maturity will be the first balance sheet shrinkage in years.
When all you do is toss it to the Fuggen NYFRB there is no "shutdown"-THEY facilitate it with over $2T in operations EVERY NIGHT-in many currencies as well
https://www.zerohedge.com/markets/mediocre-tailing-10y-auction-buyers-balk-ahead-fridays-cpi-print
US Natural Gas Prices Plunge After Fire at Texas LNG Terminal
US natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in shale basins despite surging overseas demand. The fire is still burning at the Freeport LNG terminal in Quintana, Texas, about 65 miles (105 kilometers) south of Houston, according to a recording on the Brazosport Community Awareness & Emergency Response hotline. The incident occurred at about 11:40 a.m. local time on Wednesday and an investigation is ongoing, Brazosport CAER said in a tweet.
Freeport receives about 2 billion cubic feet of gas, or roughly 2.5% of output from the Lower 48 US states. The blaze could have a significant impact on global supplies of LNG as Europe clamors for cargoes after Russia’s invasion of Ukraine. US gas stockpiles, meanwhile, are well below normal for the time of year, while prices are trading at the highest since 2008.The fire is “going to curtail exports and alleviate some of the strain on US supplies,”said John Kilduff, a partner at hedge fund Again Capital in New York-and totally NOT wrong-they are just pissed the spreads are going to suck for them. US consumers “should benefit from lower prices, but Europe and Asia will probably pay higher prices.”-totally own problem for pursuing shitty "green" polices for years-sorry Yerp/Asia and although I feel for your citizens who have to deal with this-it is completely the fault of those in charge
US natural gas futures for July delivery slid as much as 9.3% to $8.427 per million British thermal units in New York after earlier rising as much as 4%.
https://www.bnnbloomberg.ca/us-natural-gas-prices-plunge-after-fire-at-texas-lng-terminal-1.1776213
''This is a good thing (for us) as they were shipping out TONS of this to Europe at the elevated prices and that is why it was that high. The price is dropping because it will replenish our supplies-it's not good that this plant is off-line but we had bad supply issues because it was all going to Europe so guaranteed some 'good guys' did this to stop this crap-cause that was what it was TOTAL CRAP.
empty callsign Potato in 82-8000 747 continues to Los Angeles Int'l with 09-0016 C-32A also sw and will probably go to Las Vegas
C101 US Coast Guard G5 departed Los Angeles Int'l after arriving on Monday-they had a 3.5 hour stop at Uvlade, TX >>137752 pb prior to arrival at LAX too
F35LTNG out of Luke AFB, west of Phoenix
C6604 US Coast Guard Eurocopter MH-65D Dolphin on stand-by as Potato arrives-this is S.O.P.
Yellen says White House looking to 'reconfigure' China tariffs as inflation roars
Treasury Secretary Janet Yellen said Wednesday that tariff reductions on Chinese goods may be warranted as the White House tries to cool the hottest inflation in four decades, but said that such cuts are not a "panacea" to runaway consumer prices.
While testifying before the House Ways and Means Committee, Yellen said the Biden administration is looking to reconfigure some of the Section 301 tariffs on Chinese goods imposed by former President Donald Trump in order to be "more strategic" to trade abuses by Beijing. "I think some reductions may be warranted and could help to bring down the prices of things that people buy that are burdensome," Yellen said. "I want to make clear, I honestly don’t think tariff policy is a panacea with respect to inflation."
She noted that goods account for just one-third of consumption in the country and said there is little evidence that tariff reductions could directly benefit consumers. Still, she said that some of the existing tariffs have hurt American consumers and businesses. Commerce Secretary Gina Raimondo confirmed on Sunday that President Biden is considering lifting some tariffs on Chinese goods as he seeks to contain voter outrage over the hottest inflation in four decades and convince Americans that his administration is maximizing efforts to tame prices.
"We are looking at it. In fact, the president has asked us on his team to analyze that. And so we are in the process of doing that for him and he will have to make that decision," Raimondo said Sunday during an interview on CNN.
Yellen was grilled over inflation during her two-day appearance on Capitol Hill, in which she said the U.S. faces "unacceptable" levels of inflation as a result of the COVID-19 pandemic and the Russian war in Ukraine.
"We currently face macroeconomic challenges, including unacceptable levels of inflation as well as the headwinds associated with the disruptions caused by the pandemic’s effect on supply chains, and the effects of supply side disturbances to oil and food markets resulting from Russia’s war in Ukraine," Yellen said in prepared remarks. Yellen said that elements of Biden's proposed spending legislation – including reform to the prescription drug market and clean energy initiatives – could help reduce costs for many American families. But she offered few solutions to cool the hottest inflation in nearly four decades beyond that, and noted any actions from the White House or Congress would merely act as an accompaniment to steps taken by the Federal Reserve.
"To dampen inflationary pressures without undermining the strength of the labor market an appropriate budgetary stance is needed to complement monetary policy actions by the Federal Reserve," she said. "Moving forward, elements of the president’s proposed legislation – including the clean energy initiatives and plans to reform the prescription drug market – can help lower the costs paid by American consumers."
https://www.foxbusiness.com/economy/yellen-says-white-house-looking-reconfigure-china-tariffs-inflation-roars
Mkt Fag: Pay no attention to the Mortgage Application data-it SUCKS and further evidence of housing coming apart-Let's tell them Gary is gonna "fix it" but we're trying to liquidate someone else-edition
The Mortgage Banking Associations Application was an expected disaster-they can't shine THAT turd-but the addicted to hopium Mkts seem to not care as Futures initially dropped on this but about 40 minutes before Europe closes they are crawling back and they even have the NAS green. However the ^RUT knows what is going on as it's solidly down even after the spike that started 2 minutes after it opened-1,907.84-11.72 (-0.61%) it closed as the worst performer of th day -28.56(-1.49%)
>>138020 MBA: Mortgage Applications Decrease (i.e HALO'd) in Latest Weekly Survey
And as if THIS would do anything... >>138074 Yellen says White House looking to 'reconfigure' China tariffs as inflation roars
Time to go to the nursing home Janet you are totally irrelevant and the moar you speak about climate change and abortion rights the worse it gets for you and Potato-so I guess keep doing that because it's working-you are a complete and total FAILURE.
So they propped it for a while and then started up the liquidation program-but the headlines are the same "Muh CPI and Inflation Fears"-that does NOT account for that kind of drop that quickly so MSM GFY. THIS is why thye SAY it dropped >>138059 Stocks Puke Into Red After SEC's Gensler Proposes Major Market Structure Change Please see what this actually applies to-it's not the panacea they are making it out to be Mkts are trading EXACTLY like last friday when someone was being liquidated so this SEC gonna "fix it" is NOT the reason.
>>137452 Friday's liquidation candidate D1
Trading Halts-and they are still scrubbing these everything back to 0523 is gone so look at these before they get rid of them
This IPO'd today and already halted limit down: Phoenix Motor Inc. 4.5600(-2.9400 (-39.20%) that's a good look.../s. Again with this one from yesterday with 3 already in the first 2.25 hours- Integrated Media Technology Limited (IMTE) 4.6300-6.6000 (-58.7711%)..it was as high as $13.11 earlier another "good look". Another limit down halt (and 9 x on this one) is Loyalty Ventures Inc 5.34-5.69 (-51.59%)''' Loyalty Ventures Inc. provides consumer loyalty solutions. The company owns and operates the AIR MILES Reward Program, an end-to-end loyalty platform; and BrandLoyalty, a campaign-based loyalty solution for grocers and other high-frequency retailers.
Anway you can check these for yourself but as always do eet soon as they will be scrubbed.
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. Marketwatch's link for this is 404'd now so here is another one.
https://financhill.com/most-heavily-shorted-stocks-today
Top winner/loser Dow, 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 https://markets.businessinsider.com/index/market-movers/nasdaq_100
Top winner/losers- SP500 https://markets.businessinsider.com/index/market-movers/s&p_500
Treasury ComplexWe're back over 3% and gee since you've backed off the overal amount in the Securities Lending Ops by over $1B AND you had a 10 year auction today as well..see here >>138067 Mediocre, Tailing 10Y Auction As Buyers Balk Ahead Of Friday's CPI Print
The 30 year is heading to 3.20% and beyond-inevitable-the only reason it's not above that is the 'lending' going on of this and the 10 year. They have a HUGE problem with the housing market starting to implode so they need to try and manage this to keep people 'buying' but prices are about to crater so you are skaroo'd-only a matter of time before both these spike and you lose control. Summary:Treasuries were sold, not helped by a really ugly 10Y auction, 10Y pushed back above 3.00% again.
FOREX-US$, Ruble, Yen, Pound, EUROMuh Yen is totally screwed Godzilla:" yep that huge phaggit Mecha-Godzilla is right but he still a phaggit". It is over 134 at 134.04+1.44 1.08% See here for moar on that >>138062 As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight And thank you to Mr. Mecha Godzilla for your valuable time yesterday and help nailing that yesterday as the over-priced Analysts just figured it out today..'''but they do NOT have the key detail with the Reverse Repos being changed based on the daily value of the Yen-see THAT is a QRB exclusive muh frens.
You can see the daily FOREX action in Cap #4 with the highlight on the Yen
>>138045 Russian Inflation Slows After Spike and Likely Clinches Rate Cut (wait for another reading before declaring 'Victory')
MetalsThe drop on Ag yesterday was costly for them $8.269B 'worth'-see below (from $22.65x back down to $22.10 or so). It's done nuffin today and Au up slightly and on it's print time for both-1:30pm est they are Ag -0.18 -0.79% and Au backed off from higher earlier +2.40 +0.13% Gold/Silver ratio improves $83.992 +0.842 (+1.01%) by over 1% so GET U SOME as they premiums are slowly coming down-not by much but don't be left wanting as if they drop the price the availability will only deteriorate further. Once you have it do NOT care about what the daily prices are...it's FIAT $ niggas!!
Data from yesterday at the COMEX >>138029 Ag traded yesterday on COMEX-72,461 contracts at 5k/oz per contract= 374,205,000/ozs with an input price of $22.10 gives you $8.269B
Oil/EnergyEven with the data yesterday after the clsoe we are looking at '''$122.44+3.03(+2.54%) for WTI and as if by magic there was a huge buy right when it was about to fall below a pivot point at $119.50 and UP it went funny that. They keep saying that OPEC+ 'raised' production but they did NOT-they only brought forward what they already said they would do so NONE of it has changed-but people will believe anything if they are told it. Since Trafigura (that devil spawn Co. from Marc Rich and Co. and he was brought in by Kissenger to 'manage Oil pricing when they pushed out the Petro $ moar here: Trafigura/Glencore/Virtu Financial and the market riggers >>136105, >>136107, >>136109 pb
Natural Gas (US Pricing) backed off because of this-explained in the story and comment at bottom >>138068 US Natural Gas Prices Plunge After Fire at Texas LNG Terminal
Pricing is is cap#5
See Cap#5 for Commodity pricing for today in Energy at Metals
1 of 2
2 of 2
NYFRB Operations todayThe Highest amount on a daily basis EVER for third straight day
>>138062 As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight
Godzilla and Mecha Godzilla's response to today's article (above) about the Yen: >>138069
Also there is the FIRST evidence of QT operations see the MBS Ops for today
A total of$2.132.32Tin overall transactions today just to get to the next day-nuffin to see here-this Repo is for overnight and uses 98 counter-parties same as yesterday and increase of $40.85Bover Tuesday 12th day over the $2T mark overall and this is to get to Thursday'''
Reverse Repos see cap #2 $2.140.277T and $48.882B '''moar than Monday and the biggest ever-totally correlated to the depreciating Yen-THAT is the 'cash' they are accepting imo==
'Temporary' lending at a $2t level...they said the same thing about removing the $ from muh Gold standard in 1971..."it's just temporary"
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
Mortgage Backed Securities (MBS)See Cap #3 andTHREE OF THESE TODAY and the first Evidence of QT here with this: Outright Specified Pool Sale:$892.684m submitted and $112.239 accepted for this FIRST evidence of QT. It appears they are trying to 'roll off ' way moar than they can with the submitted being higher than the accepted amount.
'The QT here is on the left side of MbS and the QE is on the right of him
They only managed to 'sell' $112m of this and they come from '30 year Pool GINNIEMAE from 2021 and 2020
https://www.ginniemae.gov/disclosure/mip/MIP30_2021_03.PDF
https://www.ginniemae.gov/disclosure/mip/MIP30_2020_09.PDF
QE remains elevated-they are NEVER going to stop this
Higher on the submitted side today '''$6.678B submitted vs. $1.711B accepted in two operations-moar submitted today by $2.313B
These settle on June 22 (third one only good for 14 days which is the QT OP.) July 14th, 21 for the QE-
https://www.newyorkfed.org/markets/desk-operations/ambs
Securities Lending OperationsSee Cap #4 $39.260B submitted and ALL accepted'''
This is creeping up as it dipped prior to the 'start of QT' so as MbS said last week they are just moving this shit to this column.
Submitted moar by $2.925B and not all 'taken' by $361m-wow you couldn't squeeze an extra $260m into this? 10 year Note CUSIP #91282CEP2 biggest at $10.408B-this is the same 10yr note as yesterday but decreased this one by $1.285B today These were just issued on May 16th. Second biggest amount is the 30 year note #912810TD0 at$3.009Band $960m less of this today-than Tuesday.Backed off the amounts of these both, by $2.245B but these being 'lent' hard and still directed at 10 year and 30 year notes'''$13.417B directed solely at managing the mortgage rates for homes because they 'started' QT 7 days ago..... https://www.newyorkfed.org/markets/desk-operations/securities-lending
Central Bank Liquidity Swap OperationsNone reported today
So they don't really need to do Yen buying at this point because they are doing it with the Reverse Repo Ops as pointed out yesterday-YOU ARE NOW EXPOSED and it took a coupla Monsters and one person to point it out...then all these overpaid analysts jump on it-but you still missing the crucial part.....but you are paid to not see that.
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
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://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
https://goldprice.com/gold-silver-ratio/
https://tradingeconomics.com/commodities
back later
^^^ refresh for complete post on when it changed to AF1
doin'
>>138000 <-- chek't
#934
>>137976, >>138043, >>138046, >>138048, >>138051, >>138054, >>138055 SF recalling Soros DA +some stuffs about SF
>>137977 How deep do the connections go between these oligarchs and the bankers and their boats?
>>137978 Moar Middleton "suicide" deets
>>137979 San Diego Grand Jury Indicts 11 Antifa Militants For Attacking Trump Supporters During “Patriot March” in Pacific Beach
>>137980 New DOD contracts reads like C_A laundering list, including new comms center for Gitmo
>>137982, >>138010, >>138014, >>138018 45 misspells rain instead of reign-HOOVR46 USAF RC-135 Rivet Joint departed Davis-Monthan AFB
>>137983 Q522/45 HOT
>>137984 “Fulton County simply voted to certify election results without having any of the election results.
>>137988 'SAM194 USAF G5 departed Teterboro Airport NW, BOXER41 USAF C-40C departed JBA NE
>>137989 chan culture revisited????
>>137993 TITAN25 USAF E-4B Nightwatch switched on at Peterson AFBSec. of Defense Austin ready to depart to Hawaii then Singaporeto 'meet' with the Chinese
>>137994 Larry Nassar victims, including Olympians, seek over $1B in claims against FBI for investigation failures
>>137996 Czech President Shakes Up Central Bank, Removes Rate Hawks
>>137998 need vote to veto spelling
>>138003,>>138006 John R. Allen allegedly withheld 'incriminating' documents about his role in an foreign lobbying campaign on behalf of the wealthy Persian Gulf nation of Qatar
>>138012 SAM194 USAF G5 went to Ottawa-but Trudope ain't there he is busy ingesting all that blow from the 'delivery' last-German AF GAFMED1 A-310 departed Pensacola Int'l Airport after an overnight
>>138017 , >>138024 Credit Suisse shares spike on reported State Street takeover interest-CDS Queen on BoD at Credit Suisse Blythe Masters + Profit warning issued at CS
>>138019,>>138030, >>138066 Mexican AF FAM3527 and 3526 737s departed Mexico City heading NW and go to TJ for 2 hours then leave
>>138020 MBA: Mortgage Applications Decrease (i.e HALO'd) in Latest Weekly Survey
>>138021 HARVEY WEINSTEIN to be charged with indecent assault offences in the UK
>>138029 Silver (Ag) contracts increased yesterday and day before-June is a delivery month so not unique but they up over 70k now-$8.269B to drop it .50 cents-in the past this would have been about $1-1.50 drop
>>138031 TITAN25 USAF E-4B Nightwatch departed Peterson AFB NW-heading to JB Elmendorf and then to Singapore- RCH4151 USAF C-17 Globemaster also departed Peterson
>>138033 @RedPillPharmacist-A New Jersey school district is taking extra measures to protect students in the classroom by hiring retired police officers to secure schools.
>>138034 German AF GAF848 Minister of Foreign Affairs Analena BAERbock returning home early because of muh postive rona test-bwahahahahahaha-Mario Draghi left Rome/Hugarians at Turkey and Kosovo/Swiss left Brussels
>>138036 no callsign Potato in 82-8000 747 departed JBA heading to Los Angeles Int'l -and look at the very FIRST thing he does upon arrival in smell A
>>138037, >>138056 California man drives to MD to shoot Justice Kavanaugh, caught outside his home + Group that posted directions to Kavanaugh home, where he lives with his wife and daughters, downplaying threat on his life and their role in that threat.
>>138039, >>138040 Mexico’s President is reviving calls for a continental superstate that would combine North American employers and South American employees – and sideline tens of millions of middle-class Americans.
>>138041 EU Parliament votes in favor to ban the sale of new combustion engine cars from 2035.
>>138044, >>138050 "California man described as being in his mid-20s, was reportedly angry that the Supreme Court might overturn Roe. v. Wade" (WaPo) + Q drop #2283 Supreme Court Justices to receive FULL TIME security
>>138045 Russian Inflation Slows After Spike and Likely Clinches Rate Cut
>>138052 Twitter Spikes On Reports Firm Will Comply With Musk's Bot Data Demands
>>138059 Stocks Puke Into Red After SEC's Gensler Proposes Major Market Structure Change-The bottom line: don't hold your breath and this was NOT the reason stocks gave it up-this was already known so cover for another liquidation
>>138062 As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight-Fuggen Godzilla/Mecha-Godzilla nailed this yesterday but MSM leaves out the 'key' namely it's tied to the NYFRB Reverse Repo amounts and Yen increase/decrease
>>138067 Mediocre, Tailing 10Y Auction As Buyers Balk Ahead Of Friday's CPI Print-Dealers had to take 17% of this
>>138068 US Natural Gas Prices Plunge After Fire at Texas LNG Terminal
>>138069 for the keks: Godzilla and Mecha-Godzilla gettin' along
>>138073 empty callsign Potato in 82-8000 747 continues to Los Angeles Int'l-C101 Coast Guard G5 that visited Uvalde, TX on Monday left LA
>>138074 Yellen says White House looking to 'reconfigure' China tariffs as inflation roars
>>138075, >>138076 Mkt Fag: Pay no attention to the Mortgage Application data-it SUCKS and further evidence of housing coming apart-Let's tell them Gary is gonna "fix it" but we're trying to liquidate someone else-edition +NYFRB Operations and first proof of QT (barely)
>>138078 Potato gets AF1 back for the last 825 ft on final at Los Angeles Int'l....
>>138080 moar keks- Ozzy on war and guns
>>138082, >>138083 House Republicans question former news executive's work for Jan. 6 committee
>>138090 OZ WINS: Trump-backed Dr. Mehmet Oz has won the Republican US Senate primary in Pennsylvania after recount; Oz won by 951 votes
>>138091 Russian Foreign Minister Sergey Lavrov Says Russia Ready for Talks With UN, Turkey, Ukraine on Grain Deliveries
>>138092 "State Representative Mark Finchem Seeks Preliminary Injunction Against Use of Electronic Voting Machines in Arizona."
That 934 Porsche in the cap-owned by Marshall Field's Department Store heir Ted Field-poured a ton of money into racing in the mid 70s via Interscope Racing.
Always had top equipment and when those Porsches started losing competitiveness he bought one of the first all ground effect cars..Lola T-600-cap #1 with a Chevy turbo V-6 (and it was over-complicated and unreliable) the ones who put the big 7 liter Chevys did much better-but those were still tubeframe chasis and it took the Porsche 956 to make an all aluminum tub to get rid of the tube-frames' I drove on of these in the late 80s and it was pretty fun but only at about 85% of capability-wringing out that extra 15% required faith I never had with huge ground effect cars.
He went Indycar racing and built his own car-but before that he bought a car made by Parnelli Jones and stuffed the same engine (basically from that Porsche in the notabruh list) hired an engineer to make one from scratch too a few years later.
He hired a really good Driver-Danny Ongais and had him as a driver for a long time before that Indycar foray-he learned from him-got pretty decent.
The Indycar got squashed because it was too good-old AJ Foyt got USAC to lower the boost level and then it wasn't competitive so they pulled it. But that engine-turbo flat 6 became the backbone of the956-962.
I actually saw the tests (of the Porsche Indycar) at Riverside as a kid-it was off the charts and wicked fast.
That info got 'round to AJ and others so they went to the sanctioning body and convinced them to drop the turbo boost pressure allowed.
Then he (Ted Field) got bored with racing and since he had unlimited money through the family hebecame a movie producer via Interscope Communications and made the Revenge of the Nerds film and several others-then became a music producer of hardcore rap through Interscope Records.
I'd hafta agree with you but biased
kek
It's not every thing but berry proud of the Yen/Repo thing being confirmed BIGLY-some of those analysts know the connection but won't make it because they are paid not to.
Not a problem here..no checks coming here for that
kek
have not even been into robot land today
you?
>>136672, >>137395, >>137456, >>137470, >>137485, >>137488 pb
SAM899 USAF C-32AJ.C.O.S. Mark Milleyreturning from Cherbourg, France ground stop of about 5 hours after departing Paris-Le Bourget earlier today
from June 6th
Gen. Mark Milley says the U.S. will keep providing ‘significant’ support to Ukraine
https://www.pbs.org/newshour/world/gen-mark-milley-says-the-u-s-will-keep-providing-significant-support-to-ukraine
and thanks for the bigger easier to read caps too
refresh for the AC pic in 103
derp!
dis just re-livin' some old memories no need ta grill that
Yen Is a Whisker Away From Sliding to the Lowest in About 24 Years
The yen is a whisker away from sliding to the lowest in about 24 years as investors ramp up short bets on Japan’s beleaguered currency. The dollar-yen rose 0.2% to 134.46 in early Asia trading Thursday-it's backed off a little- less than one yen away from its 2002 high of 135.15. It’s the fifth straight day of declines for the yen, as the Bank of Japan keeps local yields capped to boost a moribund economy while US equivalents climb on rising interest-rate expectations. “Ultimately, we think the fate of the yen depends mainly on monetary policy in the US and Japan,” James Reilly, economist at Capital Economics, wrote in a note. “We forecast the yen to depreciate to 140 per dollar over the coming months.”
https://www.bnnbloomberg.ca/yen-is-a-whisker-away-from-sliding-to-the-lowest-in-about-24-years-1.1776311
https://www.marketwatch.com/investing/currency/usdjpy
No mention of Jerry and the bois adjusting the Reverse Repo's because of the wild-swings....Bueller??...kek'
Cap#1 is the5 day on it
Godzilla: "yeah watch if this drops-strengthens- they (NYFRB) will back off on the total amount of the stand alone Reverse Repos that Mkt Fag shows in Cap#2 of the daily NYFRB Operations...and if it continues to devalue they will get bigger with those".
Mecha Godzilla: "Agree....see we can unite and work together under a common goal-I don't dislike you Godzilla..we can use out combined knowledge to work together...Deal?".
Godzilla: " deal niqqa..glad we got THAT out out of the way...we ain't gonna be having dinner together but we can work together."
Mkt Fag: "awwwwww that's so nice...we'll talk tomorrow or friday on those Chinese railway bonds since you both can see past your differences now."
Mecha Godzilla:"out nikkas..talk to you two tomorrow or Friday."
Godzilla:"k.."
Mkt Fag"see he is not that bad...we need his expertise along with yours."
Godzilla: "k....."
just drama creation for sake of
They losing eyes
Ain't really no reason to be there imo
But if one is inclined that is own choice
Look at the basic news aggs and then the notes/buns...I don't see much of a difference tbh.
There are a few things per bun but certainly not worth listening to the same BS over and over.
Just seeing that
Here is a Surv AC in that area
REY13 USMC Super King Air Beech 200 out of MCAS Yuma running patterns over that area
this what the rags are saying
Five people presumed dead' after MV-22B Osprey belonging to 3rd Marine Air Wing crashes in the Californian desert
The military has not confirmed how many people were on board, but they said initial reports that there was nuclear material on the aircraft were incorrect. A Marine unit of five, including the pilot, are feared dead after their military aircraft crashed in the California desert.
The MV-22B Osprey crashed in Imperial County near Highway 78 and the town of Glamis - 30 miles north of the Mexican border, and 150 miles east of San Diego.
The aircraft belonged to the 3rd Marine Aircraft Wing, headquartered in Miramar, San Diego.
https://www.dailymail.co.uk/news/article-10898177/Four-dead-one-missing-military-aircraft-carrying-nuclear-material-crashes-California.html
I doubt the nuclear materiel on board-that would pretty dumb and that can be transported via much safer methods-so calling BS on that.
Well at least they have a fresh load of blow courtesy of Colombia's Prez
Well I see the angle they can try and use but I think it's a nuffinburger and good on ya for smacking that shit down
Australia’s Biggest Bank Sees RBA Cutting Interest Rates in 2023
Australia’s largest lender expects current aggressive monetary policy tightening to weigh heavily on the economy and force the Reserve Bank to reverse course and cut interest rates in the second half of 2023. Commonwealth Bank of Australia on Thursday downgraded its GDP growth forecasts and now predicts the A$2.2 trillion ($1.6 trillion) economy will expand 3.5% this year, down from a previous 4.7%, and then slow to a “below‑trend” 2.1% in 2023, compared with 3.1% seen previously. The RBA “looks very intent on dropping the inflation rate quickly,” said Gareth Aird, head of Australian Economics at CBA. “But this will come at the expense of growth in aggregate demand, particularly household consumption.”
Australia’s central bank surprised markets and economists this week with a 50 basis point rate rise to 0.85% and signaled its intention to rapidly normalize policy. Governor Philip Lowe said the RBA’s board will do “what is necessary” to ensure that inflation returns to its 2-3% target band.
https://www.bnnbloomberg.ca/australia-s-biggest-bank-sees-rba-cutting-interest-rates-in-2023-1.1776340
None of them can survive for very long with high rates-so like us they will cut them starting in 2023-they are only at 0.85% with a recent 50bp rise and already the talk about cutting them
The ONLY one who raised them commensurate with inflation-Russia-may be able to start lowering them soon.
>>138045 Russian Inflation Slows After Spike and Likely Clinches Rate Cut
Mkt Fag:" Noice Mr Godzilla..since you can't get inside there I went and looked what our New York Federal Reserve has done under the title of 'Currency Swaps' with the Bank of Japan from the Year 2000 to Today June 8th 2022...and it turns out there has only been a total of 8 transactions that total $408,000. There has been NO large ones at ALL and those 8 that show up are at $51,000 each time-see cap #2
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
Mkt Fag: "So as we have speculated there is no need for them to do any of these 'Official Currency Swaps' because they are doing all of that with the Reverse Repo Ops they do every night".
Godzilla:"GTFO!!!! That's it?? So they (NYFRB) are taking in MASSIVE quantities of Yen and converting them to US $'s and then giving the BOJ US Treasury Notes in return??-That makes total sense as to why your Dollar is at 20 year highs and our Yen is at 20 year lows-they are just keeping the Yen-carry Trade going by creating an artificial demand for the World's Reserve Currency....Nice catch there bro...btw when your interest rates were higher that is how you nikkas were able to have the appearance of being somewhat solvent...am I right?."
Mkt Fag: " I believe that is what they are doing and have done since they started all that up last year and since they have 'adjusted' them to match the value of the Yen it makes sense that this is how our dollar has the appearance of retaining it's value when it really shouldn't-it just wasn't obvious until the Yen has these big moves and then you could see the Reverse Repos changing to match the appreciation or depreciation of it on a daily basis."
You can read moar about how that used to work when our rates were higher here but it still works with say the AUS and New Zealnd Dollar vs the Yen:
Currency Carry Trades 101
https://www.investopedia.com/articles/forex/07/carry_trade.asp
that is great
I'm trying to keep it shorter now as the entire point is pretty much been proven (pat on back-kek) so I'll be tightening that up now.
They have to click on it to see the whole thing and be brought here though right?
great!!
Imma happy we can do that and get the information out to those that need it-this would NEVER work next door at ALL.
They have no fuggen clue but they"know it all" iykwim.
All the MSM are too pussified to touch this in detail (fah-Q Jerry/Janet and handlers!!)
So there is/are two things the MSM have not touched in detail-the why of the Repos-cause I know the fuggers that make the big bucks (ANALysts) have to know if I do at this point.
Who dafuq am I if I can sit here in muh sitch and "get it" and they don't?
GTFO!!!
And that big sale in SLV that drove Ag down
QRB and TS exclusives
Lubs it
dunno if I'm "the man" but I'm trying to make it easy to understand for anyone-certainly better than Cramer and his bells, buzzers and whistles shit-I mean that is an embarrassment!
But yeah I'm using godzilla so one could argue it's not any better but I think it is..kek!
The Chinese went with straight up dollar usage cause they could do the conversions on that side and that propped the yuan-even though they can 'fix' it artificially with it's peg. Things were different then though they were still crawling upwards so to speak.
I have a documentary on the history of the Yen
Will post before I leave and I'll do a collect from the last bun so I can tie all that together.
You know I stopped counting when I got to $70T with that last year and if I din't have this 'accident' or blow-out I probably would have seen it a lot quicker but that is life.
Princes of the Yen | Documentary Film
"This is a film about the Power of Central Banks..."
"Central Banks have the Power to create economic, political and social change..."
'''This is how they do it..."
Made in 2014-it's historical perspective is still relevant
#934
I like big bunz and I cannot lie...
>>137976, >>138043, >>138046, >>138048, >>138051, >>138054, >>138055 SF recalling Soros DA +some stuffs about SF
>>137977 How deep do the connections go between these oligarchs and the bankers and their boats?
>>137978 Moar Middleton "suicide" deets
>>137979 San Diego Grand Jury Indicts 11 Antifa Militants For Attacking Trump Supporters During “Patriot March” in Pacific Beach
>>137980 New DOD contracts reads like C_A laundering list, including new comms center for Gitmo
>>137982, >>138010, >>138014, >>138018 45 misspells rain instead of reign-HOOVR46 USAF RC-135 Rivet Joint departed Davis-Monthan AFB
>>137983 Q522/45 HOT
>>137984 “Fulton County simply voted to certify election results without having any of the election results.
>>137988 'SAM194 USAF G5 departed Teterboro Airport NW, BOXER41 USAF C-40C departed JBA NE
>>137989 chan culture revisited????
>>137993 TITAN25 USAF E-4B Nightwatch switched on at Peterson AFBSec. of Defense Austin ready to depart to Hawaii then Singaporeto 'meet' with the Chinese
>>137994 Larry Nassar victims, including Olympians, seek over $1B in claims against FBI for investigation failures
>>137996 Czech President Shakes Up Central Bank, Removes Rate Hawks
>>137998 need vote to veto spelling
>>138003, >>138006 John R. Allen allegedly withheld 'incriminating' documents about his role in an foreign lobbying campaign on behalf of the wealthy Persian Gulf nation of Qatar
>>138012 SAM194 USAF G5 went to Ottawa-but Trudope ain't there he is busy ingesting all that blow from the 'delivery' last-German AF GAFMED1 A-310 departed Pensacola Int'l Airport after an overnight
>>138017 , >>138024 Credit Suisse shares spike on reported State Street takeover interest-CDS Queen on BoD at Credit Suisse Blythe Masters + Profit warning issued at CS
>>138019, >>138030, >>138066 Mexican AF FAM3527 and 3526 737s departed Mexico City heading NW and go to TJ for 2 hours then leave
>>138020 MBA: Mortgage Applications Decrease (i.e HALO'd) in Latest Weekly Survey
>>138021 HARVEY WEINSTEIN to be charged with indecent assault offences in the UK
>>138029 Silver (Ag) contracts increased yesterday and day before-June is a delivery month so not unique but they up over 70k now-$8.269B to drop it .50 cents-in the past this would have been about $1-1.50 drop
>>138031 TITAN25 USAF E-4B Nightwatch departed Peterson AFB NW-heading to JB Elmendorf and then to Singapore- RCH4151 USAF C-17 Globemaster also departed Peterson
>>138033 @RedPillPharmacist-A New Jersey school district is taking extra measures to protect students in the classroom by hiring retired police officers to secure schools.
>>138034 German AF GAF848 Minister of Foreign Affairs Analena BAERbock returning home early because of muh postive rona test-bwahahahahahaha-Mario Draghi left Rome/Hugarians at Turkey and Kosovo/Swiss left Brussels
>>138036 no callsign Potato in 82-8000 747 departed JBA heading to Los Angeles Int'l -and look at the very FIRST thing he does upon arrival in smell A
>>138037, >>138056 California man drives to MD to shoot Justice Kavanaugh, caught outside his home + Group that posted directions to Kavanaugh home, where he lives with his wife and daughters, downplaying threat on his life and their role in that threat.
>>138039, >>138040 Mexico’s President is reviving calls for a continental superstate that would combine North American employers and South American employees – and sideline tens of millions of middle-class Americans.
>>138041 EU Parliament votes in favor to ban the sale of new combustion engine cars from 2035.
>>138044, >>138050 "California man described as being in his mid-20s, was reportedly angry that the Supreme Court might overturn Roe. v. Wade" (WaPo) + Q drop #2283 Supreme Court Justices to receive FULL TIME security
>>138045 Russian Inflation Slows After Spike and Likely Clinches Rate Cut
>>138052 Twitter Spikes On Reports Firm Will Comply With Musk's Bot Data Demands
>>138059 Stocks Puke Into Red After SEC's Gensler Proposes Major Market Structure Change-The bottom line: don't hold your breath and this was NOT the reason stocks gave it up-this was already known so cover for another liquidation
>>138062 As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight-Fuggen Godzilla/Mecha-Godzilla nailed this yesterday but MSM leaves out the 'key' namely it's tied to the NYFRB Reverse Repo amounts and Yen increase/decrease
>>138067 Mediocre, Tailing 10Y Auction As Buyers Balk Ahead Of Friday's CPI Print-Dealers had to take 17% of this
>>138068 US Natural Gas Prices Plunge After Fire at Texas LNG Terminal
>>138069 for the keks: Godzilla and Mecha-Godzilla gettin' along
>>138073 empty callsign Potato in 82-8000 747 continues to Los Angeles Int'l-C101 Coast Guard G5 that visited Uvalde, TX on Monday left LA
>>138074 Yellen says White House looking to 'reconfigure' China tariffs as inflation roars
>>138075, >>138076 Mkt Fag: Pay no attention to the Mortgage Application data-it SUCKS and further evidence of housing coming apart-Let's tell them Gary is gonna "fix it" but we're trying to liquidate someone else-edition +NYFRB Operations and first proof of QT (barely)
>>138078 Potato gets AF1 back for the last 825 ft on final at Los Angeles Int'l....
>>138080 moar keks- Ozzy on war and guns
>>138082, >>138083 House Republicans question former news executive's work for Jan. 6 committee
>>138090 OZ WINS: Trump-backed Dr. Mehmet Oz has won the Republican US Senate primary in Pennsylvania after recount; Oz won by 951 votes
>>138091 Russian Foreign Minister Sergey Lavrov Says Russia Ready for Talks With UN, Turkey, Ukraine on Grain Deliveries
>>138092 "State Representative Mark Finchem Seeks Preliminary Injunction Against Use of Electronic Voting Machines in Arizona."
>>138103 SAM899 USAF C-32A J.C.O.S. Mark Milley returning from Cherbourg, France ground stop of about 5 hours after departing Paris-Le Bourget earlier today
>>138108 NATN99 USAF KC-135 tanker coming in from Travis AFB, CA to take over for NATN12 as the mobile filling station-Potato's mobile filling station
>>138111, >>138126, >>138137, >>138138, >>138141 Yen Is a Whisker Away From Sliding to the Lowest in About 24 Years and Mkt Fag and Godzilla discuss what they could be doing with the Reverse Repo Process +converting Yen to $'s and that props our $
>>138112, >>138116, >>138132, >>138133 An Osprey aircraft carrying five Marines crashed Wednesday in southeastern California just north of the Mexican border, military officials said.-AC went out to take a look and tehn returned to MCAS YUMA-unlikely it has Nuclear stuff onboard-seems like Fear Pron in pfs opinion
>>138117 New message up in Times Square! #Truth -We got a second slot this week where we are lifting up The MG Show for their dedication to getting us the Real News!
>>138121, >>138123 kekage ZERO views on Summit of Americas Ceremony
>>138125, >>138128 pAntifa sorrow
>>138134 House Democrats on Wednesday evening blocked a bill to provide more security for Supreme Court justices and their families.
>>138135 Australia’s Biggest Bank Sees RBA Cutting Interest Rates in 2023-can't "hack it" at 0.85%
>>138140 It's the economy stoopid that is why (you) all grumpy-screencap
>>138146 Russian ambassador to US claims he was encouraged to defect-Russia’s envoy to the US said he received a letter suggesting he contact the State Department and switch his allegiance
>>138151 Princes of the Yen | Documentary Film
edits done
good day!!!
LOTS of information
You were busy on the grill
Fuggen Pitmaster Extraordinaire
totally am grateful for that!!!!!!!!
Habby boi about finding-sussing that out today-small victories help!!!!!
Night