tyb
morning
C202 US Coast Guard G5 departed Reagan National Airport NE and heading across the pond...berry interdasted to see where this one goes
It's been speculated that these Coast Guard ACs are used by the Navy and since it's heading over the Atlantic and we've had the recent JA extradition news on the 17th...watching this one
This AC shadowed the Sec. of Defense on the trip to Singapore and it departed from there on 0614
Israel AF IAF344 707 Re 'em tanker inbound from Prestwick Int'l depart and had a low flyover at Halifax-looks like it was doing something in the north Atlantic yesterday for a few hours before arriving at Prestwick Int'l as it went well NW of it and then came back-from it's Tel Aviv depart
ty was just gettin ta that
EU Aims to Finalize $9.5 Billion Ukraine Loan Package This Week
The European Union is expected to finalize the details of a 9 billion euro ($9.5 billion) financial package for Ukraine in the coming days to bolster the war-torn nation.
The new macro-financial assistance program for Kyiv would consist of 25-year loans, with a 10-year grace period to reimburse the principal, three EU officials said, who added that interest payments would be covered by the EU budget.
The proposal is likely to be ready later this week, the officials said, with EU leaders scheduled to meet Thursday and Friday in Brussels to discuss Ukraine’s reconstruction plan and its bid for membership in the bloc. The aid plan would have to be approved by all 27 member states.
The European Commission first proposed the latest aid package in mid-May to cover part of Ukraine’s financial needs of around 5 billion euros per month. The Ukrainian government has been calling on its partners to transfer the funds as a matter of urgency, but the commission and Germany disagreed over the package’s design.
The EU’s executive arm insisted on using a loan-based instrument, while Germany had been pushing to use grants to avoid increasing Kyiv’s debt burden. Berlin announced a 1 billion euro non-refundable contribution to Ukraine last May during a meeting of Group of Seven finance ministers hosted by Germany. Some other countries, including Slovakia, also questioned initially whether loans were a better way to support Kyiv, according to people familiar with the matter. Other member states, including Denmark, asked whether offering grants would undermine the credibility of Ukraine in the markets.
The financial package needs the backing of EU member states and the European Parliament.
Another issue has been how much national governments would have to offer in guarantees to back the loans in case Ukraine defaults. The bloc will cover 100% of it, with some 8 billion euros provided by members states. The remainder would come from the EU budget, the officials said.
The commission is contacting member states to finalize some details related to the guarantees but remains confident that the first disbursement will take place this summer, an EU official said.
The bloc originally aimed to complete the plan early this month since Ukraine’s financial needs keep piling up. Under that timetable, the commission was planning to begin raising funds in the markets next month for a first transfer, the people said.
The EU planned to transfer three or four more installments by the end of the year, although it would depend on the availability of the guarantees and Ukraine’s financial needs, said the people, who asked not to be identified because the talks were private.
The financial package is expected to include some conditions that would take into account Ukraine’s current circumstances and be related to reconstruction efforts and avoiding the misuse of funds, EU officials said.
https://www.bnnbloomberg.ca/eu-aims-to-finalize-9-5-billion-ukraine-loan-package-this-week-1.1781295
Housing Inventory June 20th Update: Inventory up 18.5% Year-over-year
Altos reports inventory is up 18.5% year-over-year.
Inventory usually declines in the winter, and then increases in the spring. Inventory bottomed seasonally at the beginning of March 2022 and is now up 74% since then. As of June 17th, inventory was at 419 thousand (7-day average), compared to 396 thousand the prior week. Inventory was up 5.6% from the previous week.Inventory is increasing much faster than normal for this time of year (both in percentage terms and in total inventory added).Note: Next week, inventory will likely exceed the peak in 2021.
Inventory is still historically low-wait..... Compared to the same week in 2021, inventory is up 18.5% from 353 thousand, however compared to the same week in 2020 inventory is down 39.3% from 690 thousand. Compared to 3 years ago, inventory is down 56.5% from 963 thousand. Two years ago (in 2020) inventory was declining all year, so the two-year comparison will get easier all year. My current guess is inventory will be up in Q4 compared to the same week in 2020.
https://www.calculatedriskblog.com/2022/06/housing-inventory-june-20th-update.html
Seen tons of lowered prices in deez parts (soCal) over the last 10 days
Europe-Med Activity
French AF CTM1075 A-330 departed Constanta, Romania after about 3h 30 minutes on the ground
Italian AF IAM1495 G550 SIGINT over eastern Romania and looks like they are done and heading back to Rome
RAF RRR7280 RC-135 Rivet joint on it's customary Black Sea harassment program
German AF GAF650 GL5T returning to Berlin from Rome after a 60 minute ground stop-same thing yesterday-60 minute stop at Rome-different AC but same type-he shows as 14+03 and on ground at Berlin
RCH741 USAF C-17 Globemaster west from Rzesow after 40 minutes or so on the ground-inbound from Ramstein
RCH855 USAF C-17 Globemaster east from Ramstein AFB and prolly to Rzesow
Swedish AF SVF633 G5 NE from Luxembourg-it arrived yesterday after a stop at Berlin
Germany "very confident" of deal on Sweden, Finland NATO bid
https://www.reuters.com/article/us-germany-nato-idAFKBN2O10IM
Hungarian AF HUAF284 A319 south from Riga, Latvia after arriving yesterday this isHungarian President Katalin Novákafter
President commends Hungary's planned participation in NATO airspace policing mission
RIGA - Latvian President Egils Levits during a meeting with Hungarian President Katalin Novak on Monday highly appreciated Hungary's planned participation in a NATO airspace policing mission over Latvia this year.
https://www.baltictimes.com/president_commends_hungary_s_planned_participation_in_nato_airspace_policing_mission/
Moroccan AF FRV1315 G5 departed Rabat-looks like it's back to Paris again as it's already been once today (for about 3 hours) and back to Rabat (for 30 minutes then depart and on current flight )-yesterday it headed to Greece-Thessaloniki for a quick stop then back to Rabat
'German AF GAF650 GL5T up from Berlin ground stop of 35 minutes after arriving from Rome-looks like a drop-off and heading back to Koln (Luftwaffe home base) plus GAF855 A319 arrived at Berlin from Koln-so this is prolly picking someone up
Belgian AF BAF70 Falcon 7x SW from Bydgoszcz Airport, Poland after 60 minutes on the ground
member when they sent him "off" I was like WTF is this all about?!-then I went "oh yeah his past!"-that took all of like 10 minutes but still a WTF moment for all of it-the whole let's watch the helicopter leave and take him to 'isolation' bullshit.
Biden Says US Recession Avoidable After Call With Ex-Treasury Secretary Summers
President Joe Biden reiterated that a US recession isn’t “inevitable” following a conversation with former Treasury Secretary Lawrence Summers, who sees a significant chance the country will find itself battling stagflation. “I was talking to Larry Summers this morning, and there’s nothing inevitable about a recession,” Biden told reporters Monday at Rehoboth Beach, Delaware. “I think we’re going to be able to get a change in Medicare and a reduction in the cost of insulin.”
BTW potato and potata went back to DC earlier today via Helo or Osprey
https://factba.se/biden/calendar
The White House and congressional Democrats are in talks on legislation that aims to fight inflation, rein in the deficit and revive parts of Biden’s agenda. The contours of a potential deal remain under negotiation, but the package would likely include capping the price of insulin a key medicine for diabetics and federal investments in both clean energy and fossil fuels, people briefed on the talks said last week. It would also further reduce the budget deficit and boost taxes on the wealthy, corporations or both, they said.
Democrats are desperate for a policy response to inflation, which is at a four-decade high and, unless curbed, is all but certain to cost them control of the House, Senate or both in November’s midterm elections. Gasoline, a critical component of the American household budget, costs $5 a gallon on average nationwide, according to the AAA motor club, and hit a record earlier this month.
Seeking to quell the surge in living costs, the Federal Reserve accelerated its monetary-tightening campaign last week, executing the biggest interest-rate hike since 1994. The move drove fresh losses on Wall Street and has increased the odds of a recession that would only compound Biden’s political troubles.
Summers, a Harvard University professor and paid contributor to Bloomberg Television, has criticized the Fed for failing to account for its mistakes and to realize the damage to its credibility after the latest inflation data dashed hopes that a peak had been reached.
https://www.bnnbloomberg.ca/biden-says-us-recession-avoidable-after-call-with-ex-treasury-secretary-summers-1.1781358
Another "where dafuq do I start on this?" with THIS one
Larry "save the world " Summers
Screencap #2 from Time Magazine in 1999 and all that was when the derivative pile was being shifted from Banker's Trust (hello Jerry!) to Deutsche Bank in a managed "sale".
Greenspan was right in the middle of "fixing" his mistake of not programming 4 digits into all the Wall St trading programs that were implemented in the 70's-(((they))) have been digital (on the back-end) since then and we only shifted to non-fractional equity pricing just before 91101-no coincidence there.
Greenspan even partially blames himself for Y2k-why? (Y2K was all about THAT and not the shit they told everyone about) see above and only did that (blamed self) after it was all fixed.
SPAR78 USAF G5 inbound to JBA from Stuttgart Int'l-AFRICOM located there
SPAR=Special Priority Air Resource
Dutch AF NAF11 G4 inbound to CONUS from Rotterdam The Hague Airport
Dutch Are Reviving Coal Power Amid Russian Gas Squeeze
https://www.bnnbloomberg.ca/dutch-are-reviving-coal-power-amid-russian-gas-squeeze-1.1781354
Fed’s Waller backs another "jumbo" 75 bp interest-rate hike in July
Federal Reserve Gov. Christopher Waller said Saturday that he would like to see another 75 basis point interest rate hike at the next policy meeting in late July. Waller supported the Fed’s decision to raise its benchmark rate by 75bp last week to a range of 1.5-1.75%. That was the largest rate hike since 1994. If the Fed moved again by 75 basis points in July, that will mean it had moved its benchmark rate up by almost 225 basis points since March. The last time the central bank hiked its benchmark rate by that much, it took three years from 2016-2018.Waller said’ it should not have been a surprise’ that the Fed’s benchmark interest rate would rise fast in 2022.
After all, he said. the Fed was aiming to get the economy back to its pre-pandemic strength. Policymakers said they wouldn’t hike the policy rate from near zero until these conditions were met. The Fed’s benchmark rate was in a range of 1.5%-1.75% before the pandemic struck in early 2020.
As a result, any of the well-known rules for interest-rate policy would say that the benchmark rate would need to rise much faster than it had in the past once the central bank began to tighten monetary policy.
But they are NOT gonna do that
Many outside observers critical of Fed policy note that the central bank was still buying assets in March when the consumer price inflation rate hit a 40-year high of 8.6%.
Newsflash: they still are-never stopped and only done ONE QT operation >>138076 pb and that failed miserably...
Waller blamed the Fed’s slow response to inflation on the Fed’s guidance for slowing down its asset purchases adopted in December 2020. In this forward guidance, the Fed said it wouldn’t stop buying assets “until substantial further progress” had been made toward the maximum employment goal. Waller said he thought this guidance was too “restrictive” and did not allow the Fed the flexibility needed to slow and stop asset purchases and then begin to raise its benchmark rate to combat higher inflation. “If we had less restrictive tapering criteria and had started tapering sooner, the FOMC could have more flexibility on when to begin raising rates, Waller said.
https://www.marketwatch.com/story/feds-waller-backs-another-jumbo-interest-rate-hike-in-july-11655580451
You're gonna start backing it off in 2023 and that was known in February of THIS year..THANKS!!
16-3025 'empty callsign' USAF C-146A Wolfhound 'Special Ops' with a stop at Tegucigalpa, Honduras-Toncontin Int'l Airport and parked at the Honduran AF tarmac area for 90 minutes and now back to Homestead ARB
German AF GAF685 GLEX continues SW from Bermuda stop
like that is not yer decision?
wtf.png
Imma in out now and actually may take muh break early since I've got work stufs going on
SPAR78 USAF G5 inbound to JBA and Dutch AF NAF11 G4 heading to Dulles Int'l
Russian Oil Flows to Europe Have Quietly Started Creeping Up
Europe’s resolve to stop buying Russian crude may be starting to ebb.The continent’s oil refineries took 1.84 million barrels a day of crude from Russia last week, according to tanker tracking data compiled by Bloomberg. That was the the third consecutive weekly increase and took flows from Russia to Europe, including Turkey, to their highest in almost two months.Partly it was about Litasco SA, the trading unit of Russia’s largest oil producer, taking barrels to the company’s refineries, and partly it was about Turkey purchasing more. Beyond that, though, steady ongoing declines appear to have slowed.The developments suggest those companies and countries who were unwilling to buy Russian have already stepped back, leaving the market to others who are happier to do so. Russian oil plunged to huge discounts after the country’s invasion of Ukraine as some companies stopped buying.China and India are still the largest buyers of Russian crude, the weekly tracking data show.
The following charts show four-week averages of the destinations of crude shipments from Russian export terminals. With all cargoes loaded at ports on the country’s Pacific coast heading to China, Asia is now taking half of all the crude shipped from the country. That’s up from about one-third at the beginning of the year.
Crude shipments to Asia are dominated by flows to just two countries, China and India. Seaborne shipments to China are averaging about 1 million barrels a day, up from a low for the year so far of 600,000 barrels a day in the four weeks to February 18. India has emerged as the savior of Russia’s seaborne crude exports, with volumes averaging more than 600,000 barrels a day in the four weeks to June 17, up from just 25,000 barrels a day at the start of the year. Beyond India, Russia has yet to find any significant new buyers of its crude in Asia. Russia has lost almost two-thirds of its market for seaborne crude in northern Europe, but the volume it’s shipping there has stabilized following its initial drop after Russian troops attacked Ukraine.Shipments to the region averaged about 450,000 barrels a day in the four weeks to July 17, down from nearly 1.25 million barrels a day in the first four weeks of the year, but little changed over the past month. Most countries have almost completely halted imports of Russian crude by sea, well ahead of EU sanctions on the trade that are due to come into effect in December. Significant volumes — about 370,000 barrels a day — are still shipped to storage tanks in the Netherlands, but even this is down by 35% from the levels seen immediately before the Russian invasion of Ukraine. Flows to Rotterdam were the highest in three weeks in the week ended June 17.
The picture in the Mediterranean is very different. Shipments of Russian crude to the region have soared.A large part of the reason is the shipping of Russian crude to Russian-owned refineries in the region, particularly Lukoil’s ISAB plant on the Italian island of Sicily. Turkey has also stepped in to take a lot more Russian crude that has been diverted to the region from northern Europe.It remains to be seen what ISAB will do when the EU ban on seaborne Russian crude comes into force in December. Until then, with no legal impediment to its purchases and few, if any alternatives to its diet of Russian crude, shipments are unlikely to fall.
The Mediterranean picture is repeated in the Black Sea, again driven by increased shipments to a Lukoil-owned refinery in Bulgaria. While flows to Romania are little changed since the start of the year, those to Bulgaria are two and a half times as big as they were in January and early February.
While the trade in Russia’s seaborne crude has been diverted away from northern Europe to Asia and the Mediterranean, so far the self-imposed curbs are having little impact on the overall level of shipments.
Total seaborne crude flows rose in the seven days to June 17, reversing about half of the previous week’s drop. A total of 35 tankers loaded 26.3 million barrels from the country’s export terminals, vessel-tracking data and port agent reports show. That put average flows at 3.75 million barrels a day, up by 6% from 3.55 million in the week ended June 10.
Flows of Urals crude from terminals in the Baltic, Russia’s primary outlet, fell in the week to June 17. But the Black Sea, the Arctic and the Pacific all saw weekly volumes rise, more than offset that drop.
Moscow’s revenue from export duty rose by 6% in the week to June 17, increasing in line with the flow of crude. Those shipments were worth $161 million in export duty, up from a revised $152 million in the week to June 10.
https://www.bnnbloomberg.ca/russian-oil-flows-to-europe-have-quietly-started-creeping-up-1.1781396
Wolfhound went to Miami Int'l and not where it started from today at Homestead ARB-mebby dropping off a 'guest'
German AF GAF685 GLEX looks like it's also heading to Miami Int'l
Had same thing last week with an intentional stop at Bermuda from an identical type German AF AC but I think he went to Savannah.'
JetBlue raises offer again in bidding for Spirit Airlines
JetBlue Airways on Monday increased its offer to buy Spirit Airlines, raising the stakes again in a battle over the nation’s biggest budget airline. New York-based JetBlue said it increased its cash offer to $33.50 per share, or more than $3.6 billion. That is an increase per share of $2 over a June 6 offer and 50 cents over JetBlue’s original April bid.
Frontier Airlines put Spirit in play in February when boards of the two airlines agreed to a merger in which Spirit shareholders would get cash and 48.5% of the combined company. That deal was originally valued around $2.9 billion but has lost value because of a decline in Frontier’s stock price. Shareholders of Miramar, Florida-based Spirit are scheduled to vote June 30 on the Frontier bid, and JetBlue is trying to convince investors to scuttle the agreement and drive Spirit into JetBlue’s arms.
Neither Spirit nor Denver-based Frontier commented immediately on JetBlue’s announcement. Spirit said last week that its board would give shareholders an update before the June 30 vote. Spirit’s board has opposed a deal with JetBlue, saying antitrust regulators would never allow it. JetBlue said Monday that it strengthened its commitment to divestitures needed to satisfy regulators but won’t drop a controversial partnership with American Airlines in the northeast U.S.
https://kstp.com/kstp-news/business-news/jetblue-raises-offer-again-in-bidding-for-spirit-airlines/
Both offers from Frontier or Jet Blue would make it the 5th largest Airline
Jet Blue's offer has a $12.22 premium from Spirit's last closing price of $21.28 while Frontier is a mostly stock-based deal and now has a lower break-up fee than Jet Blue's amended offer.
Stocks in Asia Set for Reprieve Amid Dip in Dollar
10 year T note up and US Futs up-signalling a rally-US $ pinned on it's early lows-and just dropped below that 104.27--0.43 -0.41% Yen is still slightly over 135 @ 135.10, Pound is 1.2275+0.0024 0.20% and on the rise while is also keeping pace with it 1.0536+0.0025 0.24%
Stocks may stabilize in Asia on Tuesday with US equity futures pointing higher and a gauge of the dollar retreating. Contracts for Japan, Australia and Hong Kong rose, signaling better sentiment after the worst drop in global shares last week since March 2020.
Cash Treasuries trading resumes later in Tokyo after a US holiday Monday. Further volatility in the bonds, under a Federal Reserve intent on sharp interest-rate hikes to tame inflation, could shake global markets anew. Investors continue to monitor China’s Covid flareups and its efforts to shore up economic growth. The yen remains around a 24-year low against the dollar, sapped by the contrast between a super-dovish Bank of Japan and hawkish Fed. In commodities, oil edged up, while prices for metals like copper are being buffeted by concerns about the demand outlook amid weakening global growth.
St. Louis Fed President James Bullard warned that US inflation expectations could “become unmoored without credible Fed action,” while former Treasury Secretary Lawrence Summers argued that the nation’s jobless rate would need to rise above 5% for a sustained period in order to curb price pressures. Those comments underline the parlous backdrop investors face.
Fuggen retard Summers is just parroting the fake "dual-mandate" BS that they tell everyone...they always say that and then follow it up with "to achieve our 'goals' leaving unsaid just exactly what they mean with that.
“We now expect Western central banks to tighten monetary policy significantly well into ‘restrictive territory,’” Carol Kong, a foreign-exchange strategist at the Commonwealth Bank of Australia, wrote in a note. “As a result, we expect the global economy will slow significantly in 2023-Another fuggen genius here...as if it's not already...they are gonna back these rate rises off in early 2023 but are saying it will slow in 2023-I'm surprised they have not said the tired line of "but it will improve in the second half of next year" We expect some economies will enter recessions, meaning central bank policy tightening will give way to policy easing in late 2023 or early 2024,” she said. faceplam.png Earlier, European Central Bank President Christine Lagarde restated officials’ intention to raise interest rates in July and September, signaling that concerns over financial-market tensions aren’t derailing the fight against inflation.
Elsewhere, Bitcoin held above $20,000 after a turbulent period for cryptocurrencies.
What to watch this week:
*RBA minutes, Governor Philip Lowe due to speak, Tuesday
*Fed Chair Jerome Powell semi-annual Senate testimony, Wednesday
*Bank of Japan April minutes, Wednesday
*Powell US House testimony, Thursday
*US initial jobless claims, Thursday
*PMIs for Eurozone, France, Germany, UK, Australia, Thursday
*ECB economic bulletin, Thursday
*US University of Michigan consumer sentiment, Friday
*RBA’s Lowe speaks on panel, Friday
https://www.bnnbloomberg.ca/stocks-in-asia-set-for-reprieve-amid-dip-in-dollar-markets-wrap-1.1781473
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.marketwatch.com/market-data/asia
This will be an E-B-I-C short squeeze-one for the "ages" if they manage to trigger what was laid on over the last 10 days-not gonna take much either. A few well-placed statements (which is already going on with St. Louis Fed Head Bullard) and some strategic buys in the very thin (book depth) markets
pb
>>139733 pb "Nasty Squeeze" On Deck: Last Week's Shorting By Hedge Funds Was "The Second Largest Ever" and some info on this set-up from before the CPI release
>>139599 Economic Schedule for week of June 19th, 2022-plus what the FRB "Stress Tests" really are and for what purpose
#946
>>139793, >>139796, >>139804 Q delta/Roe v Wade mabbe??
>>139799 And there are 63 days left till the Florida Republican Primary!
>>139801 Texas Republicans Declare Biden Regime Illegitimate at State Convention in Houston
>>139802, >>139815, >>139823 Yellen says renewables only way to fix energy crisis
>>139806 @USArmy It's time to get your game face on for the week! #MondayMotivation
>>139808 3d_Marine_Div Fuji Training Center during Exercise Shinka
>>139809 @OfficialFtSill Confidence is contagious. Be a catalyst! 😄 😎
>>139810 Stephen Colbert staffers charged with illegal entry, “same charge that has been levied against the vast majority of those arrested” for 1/6
>>139811 Le Pen is France’s Donald Trump! breaks Macron majority in French National Assembly
>>139812, >>139846 C202 US Coast Guard G5 departed Reagan National Airport NE and heading across the pond...berry interdasted to see where this one goes Israel AF to Dover
>>139814 SCOTUS Seems Likely to Take Up Case That Could Recognize States’ Power to Regulate Elections
>>139817 EU Aims to Finalize $9.5 Billion Ukraine Loan Package This Week
>>139818 Housing Inventory June 20th Update: Inventory up 18.5% Year-over-year
>>139819 Sustain Combat Readiness-A U.S. Marine assigned to @2nd_MAW inspects chains suspending a simulated downed aircraft. 2d MAW trained to support Marine ground units during SLTE 3-22. SLTE is a series of exercises designed to prepare Marines for operations around the globe.
>>139821 @I_Corps Ready to jump into the week?
>>139824, >>139847, >>139858 SAM323 USAF G5 west from JBA-This AC returned from Monterey Regional Airport, CA to JBA on 0617 after arriving on 0615-was SAM320 and went to Peterson AFB and then left after 2h 45min east back to JBA
>>139834, >>139837 NEW 🚨 Cardinals fill the Vatican area as news breaks that Pope Francis may be resigning!
>>139835 An Animated Putin Jokes “They Even Named Inflation After Me” Does He Look Severely Ill To You?-hinting at the “Putin price hike” western politicians have been declaring.. Meanwhile His New G8 Takes Shape
>>139836, >>139845 PF Europe-Med. activity Hungarian Prez left Riga-French AF left Constant with Italian SIGINT AC done and back to Rome/Germans were at Rome for 60 minutes in 24 hours-today's already back to Berlin/ USAF C-17s from and to Rzesow/Moroccans busy at Paris again
>>139837, >>139839, >>139844 Germans have been to Rome 2x for 60 minutes in 24 hours-linkys
>>139840 The "Heroism" of Biden's Bike Fall The Atlantic screencap
>>139843 German AF GAF650 GL5T up from Berlin ground stop of 35 minutes after arriving from Rome-looks like a drop-off and heading back to Koln (Luftwaffe home base) plus GAF855 A319 arrived at Berlin from Koln-so this is prolly picking someone up
>>139848 Biden Says US Recession Avoidable After Call With Ex-Treasury Secretary Summers and another attempt to say shit that is 'not happening' but has been from muh "expurts" plus some background on Greenspan
>>139849, >>139860 German AF GAF685 GLEX departed Bermuda after a ground stop/refuel of about 60 minutes and then went to Miami
>>139850 SPAR78 USAF G5 inbound to JBA from Stuttgart Int'l-AFRICOM located there-Dutch AF NAF11 G4 inbound to CONUS from Rotterdam-Dutch Are Reviving Coal Power Amid Russian Gas Squeeze
>>139852 16-3025 'empty callsign' USAF C-146A Wolfhound 'Special Ops' with a stop at Tegucigalpa, Honduras-Toncontin Int'l Airport and parked at the Honduran AF tarmac area for 90 minutes and went to Miami Int'l
>>139859 Russian Oil Flows to Europe Have Quietly Started Creeping Up
>>139865 C202 US Coast Guard G5 on the ground at Paris-Moroccan AF FRV1315 G5 departed Brussels Int'l after a stop of 50 minutes and back to Rabat
>>139867 Rules of War...a list...Sounds about right
>>139868 JetBlue raises offer again in bidding for Spirit Airlines
>>139876, >>139877 Fed Structure Change Coming, [CB] Attempt To Transition The People Will Fail -The Game Is Over When The Public Knows, Keystone, Seditious Conspiracy, Treason Ep. 2804 A/B
>>139884 SPAR21 USAF C-40B EN from San Francisco Int'l after a ground stop of about 3 hours-inbound from Scott AFB, IL
>>139886 Stocks in Asia Set for Reprieve Amid Dip in Dollar, US Futs up, Yields up-short squeeze attempt 'a coming...and if they manage to trigger it..EBIC proportions
>>139888 SAM292 USAF G5 departed New York Stewart Airport (this is West Point Academy's) Airport NE after an overnight
np
been keeping up with it-slow too
>all grilled
ty
watching fer that 'squeeziness'-they gonna try HARD to get that going cause they got 8 days, taking out the weekend obviously, to make doze Q2 statements look better-they ain't looking too good right now.
The "ripple" (pun intended) effect...
Hong Kong crypto platforms freeze accounts as turmoil deepens
A trio of Hong Kong cryptocurrency platforms have suspended client withdrawals on the back of a global sell-off that has plunged the digital currency sector into turmoil. On Sunday, crypto trading exchange Hoo.com announced it was stopping all transactions after being hit by a heavy volume of redemption requests, just days following the collapse of Singapore-based crypto hedge fund Three Arrows Capital. Hoo later said in a blog post that it would restart transactions within 72 hours so it could "process a large number of users' withdrawal demands and ensure the safety and accuracy of withdrawal assets." Sure you will-believe that when you do it
The Cayman Islands-registered company, launched in 2017, has seen its trading volume drop 10% in the last 24 hours, according to crypto index nomics. Hoo.com's problems come after Hong Kong crypto lender Babel Finance also suspended redemptions on Friday, citing "unusual liquidity pressures" and market volatility, after raising $80 million in fresh fundraising only last month. In an e-mailed response, Babel said it was assessing its liquidity position and had reached a preliminary agreement on some debt repayment, without elaborating. "We have actively communicated with shareholders and potential investors, and will continue to communicate and obtain liquidity support," it added. A third Hong Kong crypto savings platform Finblox backed by venture capital group Sequoia Capital said Friday it would cap daily withdrawals at $500 and stop registering new users. On Monday, Finblox said it was considering legal recourse to address the squeeze. Hoo.com and Finblox did not reply to requests for comment.
Cryptocurrencies plunged into free fall as the price of Luna, one of the biggest, collapsed in a rout last month that triggered a $280 billion sell-off across dozens of digital units, including bitcoin and Ethereum. The plummet sparked fresh calls to regulate the volatile market and raised questions about the underlying value of cryptocurrencies, with bitcoin's value now hovering around $20,000, down to a third of its peak in November.
The world's second-biggest crypto lender, U.S.-based Celsius Network, told users Sunday that it will pause all withdrawals as it faced rumors of insolvency. Last week, Singapore's Three Arrows Capital, one of the biggest crypto players, failed to meet margin calls and some of the fund's positions were reportedly liquidated. Three Arrows, known as 3AC, has said it has hired legal and financial advisers to "work out a solution for its investors and lenders."
The hedge fund invests in a range of cryptocurrency companies and projects. One of the targets is a company behind Terra Classic USD, the stablecoin pegged to the U.S. dollar that lost parity last month and plunged. Danny Yuan, chief executive officer of 8 Blocks Capital, accused 3AC of taking roughly $1 million from the Hong Kong company's account. "Instead of answering the margin calls, they ghosted everyone," Yuan said in a Twitter thread. "The platforms had no choice but to liquidate their positions, causing the markets to further dump." Marco Lim, managing partner at Hong Kong-based crypto hedge fund MaiCapital, said more platforms were likely to be hit amid the turmoil, adding that a crash in the market was likely to be a rallying call for regulators to step in.Exactly what (((they))) want."The whole industry needs to be restructured in order to grow and expand to further. I think it's good that we have this restructuring sooner than later," Lim said.
https://asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-crypto-platforms-freeze-accounts-as-turmoil-deepens
Moroccan AF FRV1315 G5 departed from Paris for the second time today-this is a different AC to the one that went to Brussels today so still 'burning it up' between Rabat and Paris
Cap #2 is today's activity
member I'm showing the USD/Yen Pair and then the $ index on it's own.
As that (yen goes up) it's devaluing and if they din't do those rolls starting last week it would be up around 137 is muh guess.
That will be a permanent feature for the time being.
That is how they are managing it in the short term.
Never had any confidence of cryptos from the start-they (C-tards) always argue it's defi'd but ummm you have a third-party attached to it unless you have them off-exchange.
But even then the value is based on??..complete thin-air plus no one really takes them in the real world for goods/service and the transaction speed (as in # of per second) sucks-not practical at ALL.
They can never answer or provide an answer to that only the "it's the Future!!"
That is already fixed though with the CBDC when they introduce that and they purposefully keep all the other stuff snail-pace slow
Now going back to the Yen and the Repo shit...
What mystifies me is no one notices any of this??
The only thing was those horribry written articles from WaPo and WSJ and then nuffin-like where are all these expurts?
Not just the ones who are paid not to see it but I'm the only one that sees this shit? and the impact it has on those two currencies?
Baffles muh head.
I've seen nuffin and even when the total amount passed $2t all you got was those already mentioned POS articles that said nuffin with many "werds"
Also that big sale in SLV..complete crickets
just so yer aware Imma not looking fer strokes with the above-it's literally available for anyone to see yet.....
it was $75B last week
Bank of Japan Spends A Record $81 Billion To Avert Collapse, But $10 Trillion JGB Market Is Now Completely Broken
Exactly one week ago, when quantifying the dizzying cost of the BOJ's defense of its Yield Curve Control policy (at the expense of the collapsing yen), Deutsche Bank's George Saravelos calculated that the "the BOJ printer is on overdrive", and if the current pace of buying persists, the bank will have bought approximately 10 trillion yen in June. To put that number in context, it is roughly equivalent to the Fed doing more than $300bn of QE per month when adjusting for GDP. Somewhat redundantly, the DB strategist said that this is a "truly extreme" level of money printing given that every other central bank in the world is tightening policy and is one of the reasons why he has been bearish on the yen. And as so many have argued, "currency intervention in this environment is simply not credible given it is the BoJ itself that is the cause of yen weakness."
More broadly, Saravelos echoes what we said in our preview of the end of MMT, writing that he worries that "the currency and Japanese financial markets are in the process of losing any sort of fundamental-based valuation anchor" and, as a result, "we will soon enter a phase where dramatic and unpredictable non-linearities in Japanese financial markets would kick in." He was proven right the very next day, when not an insigificant part of Japan’s bond market imploded as the central bank battles to keep control of its policy goals as some of the largest hedge funds in the world pile on billions in bets that the BOJ is about to lose control, in a repeat of Soros' dramatic crusade against the BOE (which the billionaire democrat ended up winning, and affording him the wealth to be the US government's shadow puppetmaster to this day).
As Bloomberg explained, a small tweak to the Bank of Japan’s bond purchase plan this week blew up an arbitrage strategy popular with overseas investors known as the basis trade (the same basis trade which blew up in 2019 in the US cash/futures market sparking the historic repo crash and the Fed's return to QE). It also exacerbated a supply shortage of government bonds that has ramped up pressure on domestic financial institutions, leading them to turn to the BOJ for help to relieve the strain.
and them doing the dollar rolls using the 5s10s of both has much to do with this.
One week ago we described how after four straight days of declines in Japanese bond futures, the central bank announced unlimited purchases of so-called cheapest-to-deliver 10-year notes for Thursday and Friday - securities closest linked to the contracts. That sent the spread between the futures and the bonds underlying them soaring to the widest since 2014 - a massive shock for traders with positions between the two.
As a result, 10Y JGB futs crashed by the most since 2013 as traders bet that the BOJ will be forced to abandon its pledge to cap yields at 0.25%.... while the gap between JGB futs and underlying cash bonds soared the most on record. BOJ Governor Kuroda told reporters on Friday that the BOJ will take appropriate measures to address any decline in bond market liquidity. But he also said he isn’t thinking about raising the 10-year yield ceiling from 0.25%, which means that the liquidity situation will only get worse in the coming days.
moar
https://www.zerohedge.com/markets/bank-japan-spends-record-81-billion-avert-collapse-10-trillion-jgb-market-now-completely
#946
>>139793, >>139796, >>139804 Q delta/Roe v Wade mabbe??
>>139799 And there are 63 days left till the Florida Republican Primary!
>>139801 Texas Republicans Declare Biden Regime Illegitimate at State Convention in Houston
>>139802, >>139815, >>139823 Yellen says renewables only way to fix energy crisis
>>139806 @USArmy It's time to get your game face on for the week! #MondayMotivation
>>139808 3d_Marine_Div Fuji Training Center during Exercise Shinka
>>139809 @OfficialFtSill Confidence is contagious. Be a catalyst!
>>139810 Stephen Colbert staffers charged with illegal entry, “same charge that has been levied against the vast majority of those arrested” for 1/6
>>139811 Le Pen is France’s Donald Trump! breaks Macron majority in French National Assembly
>>139812, >>139846 C202 US Coast Guard G5 departed Reagan National Airport NE and heading across the pond...berry interdasted to see where this one goes Israel AF to Dover
>>139814 SCOTUS Seems Likely to Take Up Case That Could Recognize States’ Power to Regulate Elections
>>139817 EU Aims to Finalize $9.5 Billion Ukraine Loan Package This Week
>>139818 Housing Inventory June 20th Update: Inventory up 18.5% Year-over-year
>>139819 Sustain Combat Readiness-A U.S. Marine assigned to @2nd_MAW inspects chains suspending a simulated downed aircraft. 2d MAW trained to support Marine ground units during SLTE 3-22. SLTE is a series of exercises designed to prepare Marines for operations around the globe.
>>139821 @I_Corps Ready to jump into the week?
>>139824, >>139847, >>139858 SAM323 USAF G5 west from JBA-This AC returned from Monterey Regional Airport, CA to JBA on 0617 after arriving on 0615-was SAM320 and went to Peterson AFB and then left after 2h 45min east back to JBA
>>139834, >>139837 NEW Cardinals fill the Vatican area as news breaks that Pope Francis may be resigning!
>>139835 An Animated Putin Jokes “They Even Named Inflation After Me” Does He Look Severely Ill To You?-hinting at the “Putin price hike” western politicians have been declaring.. Meanwhile His New G8 Takes Shape
>>139836, >>139845 PF Europe-Med. activity Hungarian Prez left Riga-French AF left Constant with Italian SIGINT AC done and back to Rome/Germans were at Rome for 60 minutes in 24 hours-today's already back to Berlin/ USAF C-17s from and to Rzesow/Moroccans busy at Paris again
>>139837, >>139839, >>139844 Germans have been to Rome 2x for 60 minutes in 24 hours-linkys
>>139840 The "Heroism" of Biden's Bike Fall The Atlantic screencap
>>139843 German AF GAF650 GL5T up from Berlin ground stop of 35 minutes after arriving from Rome-looks like a drop-off and heading back to Koln (Luftwaffe home base) plus GAF855 A319 arrived at Berlin from Koln-so this is prolly picking someone up
>>139848 Biden Says US Recession Avoidable After Call With Ex-Treasury Secretary Summers and another attempt to say shit that is 'not happening' but has been from muh "expurts" plus some background on Greenspan
>>139849, >>139860 German AF GAF685 GLEX departed Bermuda after a ground stop/refuel of about 60 minutes and then went to Miami
>>139850 SPAR78 USAF G5 inbound to JBA from Stuttgart Int'l-AFRICOM located there-Dutch AF NAF11 G4 inbound to CONUS from Rotterdam-Dutch Are Reviving Coal Power Amid Russian Gas Squeeze
>>139852 16-3025 'empty callsign' USAF C-146A Wolfhound 'Special Ops' with a stop at Tegucigalpa, Honduras-Toncontin Int'l Airport and parked at the Honduran AF tarmac area for 90 minutes and went to Miami Int'l
>>139859 Russian Oil Flows to Europe Have Quietly Started Creeping Up
>>139865 C202 US Coast Guard G5 on the ground at Paris-Moroccan AF FRV1315 G5 departed Brussels Int'l after a stop of 50 minutes and back to Rabat
>>139867 Rules of War...a list...Sounds about right
>>139868 JetBlue raises offer again in bidding for Spirit Airlines
>>139876, >>139877 Fed Structure Change Coming, [CB] Attempt To Transition The People Will Fail -The Game Is Over When The Public Knows, Keystone, Seditious Conspiracy, Treason Ep. 2804 A/B
>>139884, >>139897 SPAR21 USAF C-40B EN from San Francisco Int'l after a ground stop of about 3 hours-inbound from Scott AFB, IL-it went to JBA
>>139886 Stocks in Asia Set for Reprieve Amid Dip in Dollar, US Futs up, Yields up-short squeeze attempt 'a coming...and if they manage to trigger it..EBIC proportions
>>139888 SAM292 USAF G5 departed New York Stewart Airport (this is West Point Academy's) Airport NE after an overnight
>>139892, >>139896, >>139901 Hong Kong crypto platforms freeze accounts as turmoil deepens
>>139893 Moroccan AF FRV1315 G5 departed from Paris for the second time today-this is a different AC to the one that went to Brussels today so still 'burning it up' between Rabat and Paris
>>139895 SAM381 USF C-40B State Dept AC departed Jeddah, SA and went to Dubai Int'l after 2 hours on the ground-updated from last night's (CONUS time) arrival
>>139894 NEW Alleged leader of an international p_dophile and ch_ild p_rn network, Nelson Maatman, was arrested in Mexico City after running from Dutch authorities.
>>139898 Putin and X'is FU to the West-"What else needs to be said?"
>>139903, >>139901 Bank of Japan Spends A Record $81 Billion To Avert Collapse, But $10 Trillion JGB Market Is Now Completely Broken
Ima going-regular time (itm) but limited throughout day-phonecalls (several) and additional werk being done around here
night
>one's who think crypto is a spit in the face of they system
yeah that one always makes me laugh-even when BTC was in the penny range-about when I started fuggen with it but under no illusion it was an answer at all.
'Muh ledger of value!"
and you tell them what we've mentioned and then...huh what?
night muh fren