ty B
good morning all
>>147511 lb PF housekeeping
DRAGN45E-4B Nightwatch went back to JBA and landed a little less than 3 hours ago after that refueling exercise last night and some tracking/training runs over Lake Superior and the tip of upper Michigan-a common area for these bois
VENUS02 USAF 747 (tail#92-9000) and the fourth time we've seen it since Nov. 30th 2020 out from Lackland AFB, San Antonio NE on a cert./maintenance flight-second usage of VENUS for callsign-eventually it will return to JBA as using the VENUS call is a non-VIP designation for the 99th Airlift Squad
SAM997 and SAM912 USAF G5 west both at 40k ft
This is not endemic it is SYSTEMIC...see the 'Understanding NYFRB Operations' piece linked below-although it does not cover short selling-the mechanics are the same-multiple claims on designated asset(s)
JPMorgan's Frankfurt Offices Raided As Part Of Cum-Ex Tax Fraud Probe
German lawmakers have called it the "greatest tax heist" in history: the loophole in the tax law of Germany, Denmark, and the UK to pocket hundreds of millions of euros, if not billions, via a trading strategy known as "Cum-Ex" - or "With-Without."
In the past, we have noted Deutsche Bank, Morgan Stanley, Barclays Plc, and Bank of America Corp.'s Merrill Lynch's Frankfurt offices were raided as part of a money laundering probe. This week, JPMorgan Chase & Co.'s Frankfurt office was raided as part of a widening Cum-Ex scandal centered on cross-border tax fraud. "A spokesman for Cologne prosecutors on Wednesday said searches at an unidentified bank started on Tuesday and included the homes of four suspects and an auditing firm that isn't a target in the probe. More than 50 officers are involved, including specialists, to unearth evidence buried in emails," Bloomberg reported Wednesday morning. JPMorgan confirmed to Reuters that their "Frankfurt offices were visited this week" by "German authorities on their ongoing investigation" in the share-trading scheme that cost taxpayers billions of euros.
Cum-Ex reportedly diverted "at least 10 billion euros" in government revenue by exploiting German tax laws that allowed multiple investors to claim refunds of a tax on dividends that were paid only once, Bloomberg reported.
For those who aren't familiar with Cum-Ex, here's a quick rundown showing how it works, courtesy of the Conversation: Party One, typically an asset manager who owns valuable company shares, "lends" its stock to Party Two, a bank. Under the agreement, the title and ownership of the stock is temporarily transferred to the borrower in return for a fee. Such practices are not only legal but a common part of "short selling," the practice featured in the 2015 film The Big Short. Essentially, it is where an investor borrows a stock (for a fee), sells it, then buys it back later at a lower price to return it to the original – on the expectation the stock's value will fall and a profit made. Party Two then sells the shares with-dividend to Party Three fractionally before the Record Date. However, the shares are delivered without-dividend just after. Timing, speed and complexity are key. Like a magic trick, the shares "disappear" fractionally before the Record Date and "reappear" with a new owner just after-The aim is to obscure exactly who – Party One, Two or Three – owns the stock on the Record Date. As a result, two parties can simultaneously claim ownership of the one stock. (see hypothecation)
Up until 2011, a loophole in the German tax code allowed both Party One (the owner of the original stock who had received the dividend and paid tax on it) and Party Three (the holder of the stock just after the Record Date) to claim a tax reimbursement. All colluding parties would then split the gains.
The practice was abolished in 2012, but prosecutors in Cologne are probing about 1,500 people and increasing pressure on international banks.
https://www.zerohedge.com/markets/jpmorgans-frankfurt-offices-raided-part-cum-ex-tax-fraud-probe
>>142799, >>142800, >>142801 pb Understanding NYFRB Operations:How this influence(s) market directions-Hypothecation and Rehypothecation of assets creating 1000s of claims
you gots the 'humididity' that the killer
Can take heat ok but when it's like yers no thanks
Have to laugh at this-after that pump ("I bought all these call options"-RC ventures- one day "then I sold it ALL two days later-including those cal options that suckered you all into buying it and you hold da bag now" Citadel made a nice profit too-and look who provides the funding here...JP Morgue
Bed Bath & Beyond plans stock sale, job cuts in survival bid
Bed Bath & Beyond Inc. said it’s close to securing financing and is putting in place a new business strategy to reduce costs as the troubled retailer tries to convince investors, vendors and customers that it has a credible survival plan.
The home-goods retailer said it has received commitments for a new US$375 million “first-in-last-out” facility with Sixth Street Partners and around US$130 million to expand an asset-based revolving credit facility, which is led by JPMorgan Chase. The company said the loan deal hasn’t closed yet but is expected to soon.
The company is also preparing to sell up to 12 million shares via Jefferies to help repay debt. The threat of the stock value being further watered down sent investors into a tailspin on Wednesday. “We are working swiftly and diligently to strengthen our liquidity and secure our path for the future,” interim Chief Executive Officer Sue Gove said in a statement. The company said it plans to use the proceeds from the first-in-last-out facility to help pay down its asset-backed facility. In the case of a default, lenders in the first-in-last-out facility get what remains after higher-ranking secured debt is repaid in full. To boost falling sales and cut costs, Bed Bath & Beyond is cutting 20 per cent of jobs across its corporate and supply-chain operations and closing about 150 lower-producing stores.
The retailer faces a shrinking cash pile and is falling behind on payments to vendors, prompting some suppliers to halt or restrict shipments. While the Union, New Jersey-based company became beloved by small-time investors, its equity rally quickly fizzled after activist shareholder Ryan Cohen (RC-Ventures-and wait until he does the SAME thing with Gamestop (GME)-guaranteed that is coming*-see below and cap #3) disclosed this month that he was selling his stake in the company.
Bed Bath & Beyond said on Wednesday that it has decided to keep its Buybuy Baby brand despite calls for it to be sold. The division has fared better than the company’s namesake brand. While comparable sales at the Bed Beth & Beyond brand plunged by 27 per cent in the quarter that ended in May, comparable sales at Buybuy Baby fell by just mid-single digits.
https://www.bnnbloomberg.ca/bed-bath-beyond-plans-stock-sale-job-cuts-in-survival-bid-1.1812786
https://finance.yahoo.com/quote/BBBY
*GME is acting mighty 'selly' today 28.67-1.27 (-4.26%) when everything else is not really doing much-it's on very low volume-so far but the NAS is barely positive and this GME is down 4% now
https://finance.yahoo.com/quote/GME
and in sure brehs you are are really gonna raise rates 75bp at the next meeting news (and you've done a FABULOUS job trying to convince everyone you will) BUT....you habs a large problem now that is only going to get worse and yer also reloading the short bus in the equity markets-at least trying to starting last week with Jerry's 8 minutes of panic "speech" to use in a few weeks too...Good LUCK!!
MBA: Mortgage Applications Decrease in Latest Weekly Survey
Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 26, 2022....The Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week one year ago.The seasonally adjusted Purchase Index decreased 2 percent from one week earlier. The unadjusted Purchase Index decreased 4 percent compared with the previous week and was 23 percent lower than the same week one year ago. “The 30-year fixed mortgage rate increased for the second week in a row to 5.80 percent, reaching its highest level since mid-July. Mortgage rates and Treasury yields rose last week as Federal Reserve officials indicated that short-term rates would stay higher for longer. Mortgage rates have been volatile over the past month, bouncing between 5.4 percent and 5.8 percent,” said Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting. “In another sign that market volatility has picked up, the average rate on a jumbo loan was 5.32 percent, 48 basis points lower than for a conforming loan. This spread reached a high of over 50 basis points in July – and had narrowed – before now widening again.”
Added Kan, “Application volume dropped and remained at a multi-decade low last week, led by an 8 percent decline in refinance applications, which now make up only 30 percent of all applications. Purchase applications have declined in eight of the last nine weeks, as demand continues to shrink due to higher rates and a weaker economic outlook. However, rising inventories and slower home-price growth could potentially bring some buyers back into the market later this year.” (always gotta throw that ever-optimistic spin and try to shine the turd here)
...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.80 percent from 5.65 percent, with points increasing to 0.71 from 0.68 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. Cap#1 shows the refinance index since 1990. With higher mortgage rates, the refinance index has declined sharply over the last several months. The refinance index is (still) at the lowest level since the year 2000.
Cap#2 is shows the MBA mortgage purchase indexAccording to the MBA, purchase activity is down 23% year-over-year unadjusted.
The purchase index is now only 9% above the pandemic low.
https://www.calculatedriskblog.com/2022/08/mba-mortgage-applications-decrease-in_0889882645.html
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
So you ANALysts at Goldman and Shitibank can keep putting out those notes to yer clients that rates are gonna be going up 75bp and that is what you expect-since you've skewed the CME Fed watch in that direction-and that was totally predicted BEFORE you got yer delivery bois together at Jackson Hole to hammer that contrived point home-however as this continues to worsen you won't be doing it AND you will be getting the all clear signal for the second time on the lie that you've contained inflation or the most often over-used quote from ALL of you "it has peaked"..if I was still active I'd be buying the 25bp or no rate hike FED Watch contracts pretty substantially for Sept and November's meeting(s) and even a very small position in a rate lower by 25bp for that Nov contract-in years past I wouldn't even dream of that as it would be too political however there is a reason the the SPR (Strategic Petroleum Reserves) releases end only a few short days prior to the election so they've politicized the entire thing-you don't do well in markets unless you take risks (but not dumb ones) this is not financial advice-just a scenario I would be playing because they are lying.'
it's unfortunate but at some point even the "billionaires" will see it and as that old saying goes "if you owe the bank a million dollars that is your problem but if you owe the bank a billion dollars that is the banks problem."
I've always lubbed that saying because it is so true and most don't even get it
German AF GAF607 GLEX back to BerlinGerman President Frank-Walter Steinmeierdeparted Karlsruhe after attending World Council of Churches (WCC) assembly
German president calls for objection to Russian Church for war stance
German President Frank-Walter Steinmeier has called on Christians to stand up to the Russian Orthodox Church in its stance in defence of the Russian war against Ukraine. “The leaders of the Russian Orthodox Church are currently leading their faithful and their entire church down a terrible, blasphemous path that is downright hostile to the faith,” Steinmeier said on Wednesday at the start of the World Council of Churches (WCC) assembly in Karlsruhe. “They justify a war of aggression against Ukraine – against their own, against our own brothers and sisters in faith.” Russian Orthodox Patriarch Kirill has repeatedly defended President Vladimir Putin's actions. "This propaganda against the free rights of the citizens of another country, this nationalism that arbitrarily claims God's will for the imperial dreams of the rule of a dictatorship, this attitude must see our opposition," Steinmeier said. "Also here in this hall, also here in this assembly."
https://www.hedged.media/politics/german-president-calls-for-objection-to-russian-church-for-war-stance/
Open call for religious persecution here...Not a good look here 'Franz'
VENUS02 USAF 747 with some limpy sky dick action here-over Jefferson City, MS...looks like they wanted to do it (like the Navy ones) but then gave it up
so wut was his total # of posts yesterday?
all I see is the standard "hysteria" msm shit
SAM912 USAF G5 on ground for Fresno Air Terminal (they call it Yosemite Int'l and it's identifier is KFAT-which actually used to be a pretty cool radio station back in the day in central CA/Bay area) from JBA depart
SAM997 USAF G5 went to Peterson AFB from it's JBA depart
BROLLY03 USAF E-3C Sentry AWACS tracking off SoCal from Pt Mugu-he been running out of there for a few days now-not a normal station for those
57-2605 USAF KC-135 tanker trackin' off SoCal from Fairchild AFB-Spokane, WA depart
INTEL49 US Army RC-12X Guardrail (flying antenna farm out of Long Beach) and back to Ft. Psy-Op (Huachuca) after a 50min ground stop
muh gpa actually werked on one of her planes she used (dunno if owned or not) in the past-before she was too famous but well known in Av circles
Can't make out what model it was cause it was off to side-barely see a small portion of tail-was at Glendale Airport I noes that
one of the few things that was liberated before "shit" habbened plus got his pocket watch-it sits on muh desk wif me.
CABAL51 USAF DC-10 tanker was off to the EN as SAM912 arrived at Fresno and it has departed the area and then changed it's callsign to HOCK34 cap#2 and heading back to Travis AFB-I can't find anything on who that is on SAM912 yet but eventually something will surface'''
so you were asking dis yesterday
>>147384 lb
>How do the short sales/sellers figure in to silver manipulation
What you are seeing is the system driving it down so they can start exiting those short positions-you may see a coupla up days soon here when one of them start to do it (cover) since it's not been at this level since right before the Silver Squeeze and that Hedge Fund started to accumulate SLV-that is what drove the price up it's wasn't the reddit crowd and as much as they did raise awareness about it they were NOT responsible for it's rise like it did-did they help? yes but it would have never habbened if the Private Advisors Group din't amass that huge position in SLV and then sold it off-done taht twice nao.
They let the London bois take it today when it's usually right BANG on the NYMEX open and got it down to $17.91..siting just above it and getting the ubiquitous $17.XXX as last price -which means it is being shorted with the three digits after the decimal...it's not over yet. But as soon as one of them starts to cover they will jump on board.
https://www.kitco.com/charts/livesilver.html
>>147380 much moar on all that in the linkys at bottom of dis one
read muh mind
I'll dropda bun and it break time-it too hot to do wut I was gonna do
but ready fer break
figured you were too
#997
>>147525 UK anon updates London digz: made some really gud progress. Got a 2012 NYE London map showing all the First-Aid stations, temporary toilets etc..The locations of everything, so far observed, seems to be the same as in 2013
>>147526, >>147527, >>147528 QDrop # 34 Q Clearance Patriot 1+4+7+5+1+7 = 25 = 7 #533 WE, THE PEOPLE! Trump Card Doc. Q drop #'s 3931,1547, 1545, 1543, 1276, 953, 924, 923
>>147531, >>147533 4 year Delta "snow" [D5?] August 30, 2018
>>147534 "How In The Name Of God": Shocked Europeans Post Astronomical Energy Bills As 'Terrifying Winter' Approaches
>>147538 #WeaponsWednesday That glorious moment in time ⌚️ when your order status is changed from “In Transit” to “Out for Delivery”
>>147539 PDJT TS: "Terrible the way the FBI, during the Raid of Mar-a-Lago, threw documents haphazardly all over the floor (perhaps pretending it was me that did it!),.."
>>147544 DRAGN45E-4B Nightwatch went back to JBA and landed a little less than 3 hours ago after that refueling exercise last night and some tracking/training runs over Lake Superior
>>147545, >>147559 VENUS02 USAF 747 (tail#92-9000) and the fourth time we've seen it since Nov. 30th 2020 out from Lackland AFB, San Antonio NE on a cert./maintenance flight-second usage of VENUS-SAM997 and SAM912 USAF G5 west both at 40k ft and limpy 'sky dick' over Jefferson City, MS
>>147546 JPMorgan's Frankfurt Offices Raided As Part Of Cum-Ex Tax Fraud Probe-This is not endemic it is SYSTEMIC...see the 'Understanding NYFRB Operations' piece
>>147548, >>147549, >>147552 Bed Bath & Beyond plans stock sale, job cuts in survival bid...plus Gamestop looking awfully bad-down over 4% same owner in GME who pumped and dumped BBBY
>>147551 MBA: Mortgage Applications Decrease in Latest Weekly Survey-Mortgage applications decreased 3.7 percent from one week earlier-Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week one year ago
>>147556 German AF GAF607 GLEX back to BerlinGerman President Frank-Walter Steinmeierdeparted Karlsruhe after attending World Council of Churches (WCC) assembly-German president calls for objection to Russian Church for war stance...Open call for religious persecution here...Not a good look here 'Franz'
>>147563 On this day in 1936, this photo was taken of Amelia Earhart sitting in a Lockheed Model 10-E Electra
>>147564 SAM912 USAF G5 on ground for Fresno Air Terminal-SAM997 USAF G5 went to Peterson AFB from it's JBA depart-BROLLY03 USAF E-3C Sentry AWACS tracking off SoCal from Pt Mugu-INTEL49 US Army RC-12X Guardrail (flying antenna farm out of Long Beach) and back to Ft. Psy-Op (Huachuca) after a 50min stop
>>147566 CABAL51 USAF DC-10 tanker was off to the EN as SAM912 arrived at Fresno and it has departed the area and then changed it's callsign to HOCK34 cap#2 and heading back to Travis AFB
>>147569 so you were asking dis yesterday "How do the short sales/sellers figure in to silver manipulation?"-Mkt Fag opinion on the continued slide in the spot price >>147384 lb
Planefag:CONUS Update-SAM912 spent 50 minutes at Fresno, VENUS02 moved aleetle farther west-see below, GHOT53 SE from Casper, WY onight, HOOVER45Rivet Joint tracking NS over eastern Idaho, SHARK67 C-130 back from Gitmo, RCH545to NAS North Island from Dover AFB, STORM04 KC-135 tanker Bangor to MacDill
SAM912 USAF G5 departed Fresno Air Terminal after bout 50 mnutes on the ground-since this was a quick stop it is unlikely there will be any identifier i.e article that shows who this is-sometime in the futire it will be apparent with another news item-kindof how this werks at times
VENUS02 USAF 747 has moved further to the west on it's cert/maintenance flight circled Sedalia, KS passing just to the north of Whiteman AFB-where the B-2 Bombers and the 509th Bomb Wing are based at-see cap#2-he is done now and heading back to Lackland AB, San Anotnio
https://www.whiteman.af.mil/mission/
GHOST53 USMC G5 SE from Casper-Natrona Cty Int'l Airport after an overnight and inbound from MCAS Kaneohe Bay-Oahu
'''Some legal news outta Casper today-I member these commercials in the 90's never thought this guy was up to any good-not as he presented self
Wyoming Supreme Court confirms Gerry Spence ousted from Trial Lawyers College board
edited
Spence, a longtime attorney famous for his TV appearances and a decades-long winning streak in civil litigation, founded the college in 1994. According to court filings, that vote came weeks after Spence pushed two board members to resign amid rising tensions that stem from different causes depending on who you ask. Spence contends the division started when some board members began representing government entities and corporations, which goes against the college’s purported mission of helping the “poor, the injured, the forgotten, the defenseless and the damned.” On the flip side, a faction led by college president John Sloan would say it began when the board declined to build a multi-million-dollar library in Spence’s honor at the ranch. The money for that project, court documents state, was intended for the college’s endowment. After asking the board members to resign, Spence’s attorney reportedly gave Sloan notice that the college’s lease of Thunderhead Ranch would be terminated in 30 days, and ordered a cease and desist of Spence’s name and likeness as well as the ranch’s name and brand.
moar
https://trib.com/news/state-and-regional/crime-and-courts/wyoming-supreme-court-confirms-gerry-spence-ousted-from-trial-lawyers-college-board/article_2555d7c8-28a5-11ed-b894-f741c1c2a7dd.html
HOOVER45USAF RC-135 Rivet Joint trackin' north/south just west of Idaho Falls, ID and Pocatello to the south
RCH545USAF C-5 Galaxy departed Dover AFB earlier today and looks like they are heading to NAS North Island in San Diego/Coronado
>>147421 lb
SHARK67 USAF C-130J looks like they went to Gitmo yesterday and are now heading back to Biloxi
and heading down the east coast we have STORM04 USAF KC-135 tanker from Bangor, ME and heading to MacDill AFB
On many occasions stated that the daily Reverse Repos (over $2T nightly) will become Reposhere you go with the NYFRB starting it's 'small value exercise' which is essentially just QE all over againthe Primary Dealers and others will take the debt/securities they have either bought at auction/NYFRB Daily Ops and exchange them for cash-right as the FOMC sez it will begin QT is beyond clown-level hilarious
Statement Regarding Repurchase Agreement Small Value Exercise
The New York Fed undertakes small value open market transactions for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market Committee (FOMC). The FOMC authorizes the New York Fed's Open Market Trading Desk (the Desk) to conduct these exercises to test its operational readiness in the Authorization for Domestic Open Market Operations and Authorization for Foreign Currency Operations. In connection with these authorizations, the Desk intends to conduct a small value overnight repo operation with Primary Dealers and Standing Repo Facility counterparties to test its contingency operation infrastructure. The bid submission process will be conducted from 10:30 AM ET to 10:45 AM ET on Thursday, September 8, 2022. Operation results will be posted on the New York Fed’s website following the completion of bid evaluation. All counterparties will be limited to one $1 million proposition per tranche during the operation. The operation details are as follows cap#2
https://www.newyorkfed.org/markets/opolicy/operating_policy_220830
See cap #3 for the growth of these nightly operations-so what you are going to see is all the 'cash' thrown right back out the door of the New York Federal Reserve and some of it will be directed at the NYFRB QT program so that can be shown to be "successful" but the rest?...well (((they))) get to do whatever dafuq they want with what is left over and since you can read the graph in cap#3 it will eventually be in the Quadrillion $ level-all to keep the shit-show afloat.'
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
THIS is how it starts-with 'small value exercises' they did the same exact thing starting in Oct. 2002 when the entire 'Trash for Cash' program was implemented for the coming Iraq war that started in March of 2003-they start small to "test" it then ramp it up...as I've said MANY times before they will NEVER stop this..they can't
>>136779 pb From May31 Here is where they started up the MBS selling with 'small value exercises' since the one they tried to do not long after was an EBIC FAIL >>138076 pb First large QT MBS Operation
and then the statement on restarting it after that EBIC FAIL
>>140242 pb NYFRB Statement Regarding Treasury Securities Small Value Exercise-another attempt at QT
Some additional Reading and examples
>>143426 Agency Mortgage Backed Securities Operations: bought $493m of GinnieMae 30 year mortgages and the system 'showed up' with $3.178B of them for the NYFRB to buy...and earlier in the day nao
>>145221 Without Any Legislative Powers, the Fed Is Rewriting the Law and Creating a Permanent $500 Billion Bailout Facility for Wall Street (this is the NYFRB daily Operations we've detailed since last year-moar participants added) This is the REPO process
>>146531 QE is really Habbening...hardly!-these would be maturing either way and it's just a convenient thing the NYFRB own those now due to the 2 decades of QE...good try though!! Market Manipulation should NOT be justified one way or the other
Go here: https://8kun.top/qrb/res/106802.html
Type in NYFRB, Currency Swaps, Treasury Auctions, MktFag for much moar color and background on what they have been doing with these and other Market related posts
also see here >>147546 for 'Understanding NYFRB Operations-as posted at the bottom of that today
Thanks fer the awesome segue Jamie!!!!
SAM997 USAF G5 on ground at Redstone Arsenal from Peterson SFB ground stop earlier with FORGE63 US Army G5 heading SE from Eppley Field, Omaha ground stop of about 90min and FORGE78 US Army G5 heading SW from JBA and looks like they will be joining SAM997 at Redstone or Huntsville Int'l
GHOST53 USMC G4 *(corrected) went to Savannah, GA-Hilton Head Int'l
the battery ded'd on muh thermo outside and it's usually 8-10d diff from the stoopid app.
SAM927 C-40B from fooked Jake Sullivan's officeWH NSOAC been at Hickam since early dis morning-not saying he is on this but it's used by that office
These the other two that are interdasted in all that: Brett McGurk- National Security Council Coordinator for the Middle East and North Africaand Special Envoy for Iran Robert Malley
They make it hard to track them when they do the talks in Vienna and been at Paris and Luxembourg too.
I've caught Malley but not ever a confirmed McGurk
Brett McGurk, National Security Council Coordinator for the Middle East and North Africa
Brett McGurk is the National Security Council coordinator for the Middle East and North Africa. He served as special presidential envoy for the Global Coalition to Counter ISIL at the U.S. Department of State. In this assignment, McGurk led a global coalition of 68 members and coordinated all aspects of U.S. policy related to the Islamic State in Iraq and the Levant. McGurk previously served as deputy special presidential envoy from 2014-15. In President Barack Obama’s administration, he served as a senior advisor in the Bureau of Near Eastern Affairs with a focus on Iraq and other regional initiatives, as a special advisor to the National Security Staff, and as senior advisor to Ambassadors Ryan Crocker, Christopher Hill, and James Jeffrey in Baghdad, Iraq.
https://agsiw.org/associates/brett-mcgurk/
Robert Malley-Special Envoy for Iran
Robert Malley was appointed Special Envoy for Iran on January 28, 2021.  Prior to that, he served as President and CEO of the International Crisis Group. Under the President Barack Obama, he served as Special Assistant to the President, Senior Advisor to the President for the Counter-ISIL campaign, and White House Coordinator for the Middle East, North Africa and Gulf Region in 2015-2016 and, before that, as Senior Director for the Gulf Region and Syria. Before joining the National Security Council staff in February 2014, Mr. Malley founded and directed the International Crisis Group’s Middle East and North Africa Program from January 2002.  Prior to that, he was a Senior Fellow at the Council on Foreign Relations.
Until January 2001, Mr. Malley was Special Assistant to President Clinton for Arab-Israeli Affairs and Director for Near East and South Asian Affairs at the National Security Council. Mr. Malley first joined the National Security Council staff in August 1994 as Director for Democracy. In July 1997, he became Executive Assistant to the National Security Advisor from July 1997 to September 1998, acting as an informal chief of staff for Samuel R. Berger. Mr. Malley served as a law clerk to Justice Byron R. White of the United States Supreme Court in 1991-1992.
Mr. Malley is a graduate of Yale University, Harvard Law School and Oxford University, England, where he was a Rhodes Scholar. He is the author of “The Call from Algeria: Third Worldism, Revolution and the Turn to Islam” and of articles published in the New York Review of Books, Foreign Affairs, the New York Times, the Washington Post, Le Monde, and several other publications.
https://www.state.gov/biographies/robert-malley/
updated ^^ with Malley AC link
And as predicted: the widow-maker trade sucked them into the bear trap strating in mid-July and now they are paying for it..Japanese 10 year hit 0.25% on monday and quickly repelled but you can tell that was totally organic.../s the yen was devalued hard friday from 136.53 LOD to 138.96 HOD and then broke down (up over 139) about an hour after our mkts closed today
Yen Falls to Fresh 24-Year Low as US-Japan Policy Gap Weighs
The yen dropped to its lowest since 1998 as an overnight surge in Treasury yields heaped more pressure on the Japanese currency.
The yen fell 0.4% to 139.59 per dollar in Thursday trading in Tokyo -- a fresh 24-year low. Next up for FX watchers is the key psychological level of 140, which some analysts have said may potentially trigger intervention from officials.
The impact of the hawkish Federal Reserve Jackson Hole symposium has continued to ripple through markets, pushing benchmark Treasury yields up through 3.2%. Data showing that euro-zone inflation jumped to a record in August, above expectations, also weighed on global bonds Wednesday. The gap in inflation-adjusted yields between the U.S. and Japan has widened, close to its highest this year. That so-called real-yield gap has been a big driver in yen weakness, as investors sought out the more attractive returns in the US compared to Japan that the spread signifies.
The Japanese currency’s slide back toward the closely-watched 140 level is reigniting chatter on the likelihood officials will intervene to support it.
The last time Japan propped up the yen was during the Asian financial crisis of 1998 when it reached around 146 to the dollar. It had previously intervened at levels around 130.
https://www.bnnbloomberg.ca/yen-falls-to-fresh-24-year-low-as-us-japan-policy-gap-weighs-1.1813117
https://www.marketwatch.com/investing/currency/usdjpy
https://tradingeconomics.com/japan/government-bond-yield
The 'expurts' called this over in early August >>144938 pb but yer frenly financially-oriented pepe knew and noes better
>-so it has a pause and they think it's over....good Luck with THAT
>the money quote from the article "hottest macro short of 2022 is done analysts say'''
Financial time is longer than what is generally accepted-so a short period of time is generally longer than 6 weeks but in most other cases that would not be viewed as short
np glad to help..you'll get through it..there may be days where it seems impossible but those are the step back and deep breath days sometimes doing nuffin IS something and you don't wanna make the wrong decision.
A few % points will not make or break you-or shouldn't-this is what is going through the minds of all these over-leveraged ijits right nao-how do I get this big chunk of ______ out in a thin market? and will I be able to buy the wife the new Merc this year??
You noes the GI Joe with the Kung Fu grip scene from Trading Places -they all thinking about that now I guarantee it-and then there are the ones who can't see past the next 10 minutes like the ones getting creamed in the Yen trade...(a metaphorical 10min to say) since that wasn't even a month but it was 'done and dusted'.
With the Ag stuff the weekly 'print' day is Tuesdays at 1:30pm EST and they would move it up down the most of those days-they are following that a little less now but I would also reconnect with yer source and just make sure they are still willing to do that deal in the size you talked about cause pretty much all the dealers are underwater with all the recent purchases they had to make weeks ago-I used to want to be a dealer and looked into it for a fair amount of time but ultimately decided that the risks were pretty much the same (wanted to lower risk) if you hedged your inventory properly-which many don't.
#997
>>147525 UK anon updates London digz: made some really gud progress. Got a 2012 NYE London map showing all the First-Aid stations, temporary toilets etc..The locations of everything, so far observed, seems to be the same as in 2013
>>147526, >>147527, >>147528 QDrop # 34 Q Clearance Patriot 1+4+7+5+1+7 = 25 = 7 #533 WE, THE PEOPLE! Trump Card Doc. Q drop #'s 3931,1547, 1545, 1543, 1276, 953, 924, 923
>>147531, >>147533 4 year Delta "snow" [D5?] August 30, 2018
>>147534 "How In The Name Of God": Shocked Europeans Post Astronomical Energy Bills As 'Terrifying Winter' Approaches
>>147538 #WeaponsWednesday That glorious moment in time ⌚️ when your order status is changed from “In Transit” to “Out for Delivery” 💥🔥
>>147539 PDJT TS: "Terrible the way the FBI, during the Raid of Mar-a-Lago, threw documents haphazardly all over the floor (perhaps pretending it was me that did it!),.."
>>147544 DRAGN45E-4B Nightwatch went back to JBA and landed a little less than 3 hours ago after that refueling exercise last night and some tracking/training runs over Lake Superior
>>147545, >>147559 VENUS02 USAF 747 (tail#92-9000) and the fourth time we've seen it since Nov. 30th 2020 out from Lackland AFB, San Antonio NE on a cert./maintenance flight-second usage of VENUS-SAM997 and SAM912 USAF G5 west both at 40k ft and limpy 'sky dick' over Jefferson City, MS
>>147546 JPMorgan's Frankfurt Offices Raided As Part Of Cum-Ex Tax Fraud Probe-This is not endemic it is SYSTEMIC...see the 'Understanding NYFRB Operations' piece
>>147548, >>147549, >>147552 Bed Bath & Beyond plans stock sale, job cuts in survival bid...plus Gamestop looking awfully bad-down over 4% same owner in GME who pumped and dumped BBBY
>>147551 MBA: Mortgage Applications Decrease in Latest Weekly Survey-Mortgage applications decreased 3.7 percent from one week earlier-Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week one year ago
>>147556 German AF GAF607 GLEX back to BerlinGerman President Frank-Walter Steinmeierdeparted Karlsruhe after attending World Council of Churches (WCC) assembly-German president calls for objection to Russian Church for war stance...Open call for religious persecution here...Not a good look here 'Franz'
>>147563 On this day in 1936, this photo was taken of Amelia Earhart sitting in a Lockheed Model 10-E Electra
>>147564 SAM912 USAF G5 on ground for Fresno Air Terminal-SAM997 USAF G5 went to Peterson AFB from it's JBA depart-BROLLY03 USAF E-3C Sentry AWACS tracking off SoCal from Pt Mugu-INTEL49 US Army RC-12X Guardrail (flying antenna farm out of Long Beach) and back to Ft. Psy-Op (Huachuca) after a 50min stop
>>147566 CABAL51 USAF DC-10 tanker was off to the EN as SAM912 arrived at Fresno and it has departed the area and then changed it's callsign to HOCK34 cap#2 and heading back to Travis AFB
>>147569 so you were asking dis yesterday "How do the short sales/sellers figure in to silver manipulation?"-Mkt Fag opinion on the continued slide in the spot price >>147384 lb
>>147574, >>147578, >>147584 Planefag:CONUS Update-SAM912 spent 50 minutes at Fresno, VENUS02 moved aleetle farther west-see below, GHOT53 SE from Casper, WY onight, HOOVER45Rivet Joint tracking NS over eastern Idaho, SHARK67 C-130 back from Gitmo, RCH545to NAS North Island from Dover AFB, STORM04 KC-135 tanker Bangor to MacDill FORGE78 to Redstone, 63 to Jax Int'l
>>147575 Statement Regarding Repurchase Agreement Small Value Exercise- stated that the daily Reverse Repos (over $2T nightly) will become Repos here you go with the NYFRB starting it's 'small value exercise' which is essentially justQEall over again
>>147583, >>147585, >>147586 Paul Sperry: Biden's DOJ were after Iran docs (45's dismantling of it) and fooked Jake Sullivan #1 suspect wanting ANYTHING on it-Sullivan's spouse is AG Garland's 'aide'-SAM927 C-40B at Hickam WH NSO AC since this morning-the other two interdasted 'parties in gettin that are: Brett McGurk, National Security Council Coordinator for the Middle East and North Africa and Robert Malley-Special Envoy for Iran
>>147591 Yen Falls to Fresh 24-Year Low as US-Japan Policy Gap Weighs..b-b-but the expurts said it was over :p
I think it's all here..if not please add if you see fit
got a little distracted this evening with irl so I hope I got it all
gonna turn in for the night
ttyitm
night all