tyb
SAM314 USAF C-40B departed Atlanta Int'l after arriving back from Meridian, MS on 0428
Almost like the didn't know where they were supposed to go-see cap #2
02-5001 USAFSOC C-32B departed NAS Oceana after an overnight and west
Dallas Fed President Spooks Stocks: "We've Got Real Excesses In The Housing Market", Rate Hike Needed In 2022
On Wednesday, Fed chair Jerome Powell raised some eyebrows - and launched some sell programs - when in the middle of a lengthy tirade about how there is no inflation, soaring prices notwithstanding, he admitted that some assets were "frothy", yet paradoxically without acknowledging the Fed's explicit (and dedicated) role in creating and nurturing said market froth. Or, as Rabo's Michael Every put it, "the most surprising thing was Powell daring to use the word “froth” to describe the stock market he himself is boiling."
Fast forward just two days later, when moments ago Dallas Fed's non-voting president (and former Goldman partner), Robert Kaplan, doubled down on the "bad Fed cop" angle and says "we’re now observing excesses and imbalances in markets."
Explaining that he is "very attentive to that and that’s why I do think at the earliest opportunity, I think will be appropriate for us to start talking about adjusting those purchases”, Kaplan said that "we’ve got real excesses in the housing market” which is why he had not changed his view that rates should start to rise in 2022, and that the Fed should start talking about tapering of bond buying soon; most ominously - and an indication of just how much confusion there is at the Fed right now - he said that he expects to see a surge in prices of more than 2.5-2.75% in the coming months.
According to Kaplan, getting less-educated workers back to the workforce and in jobs is a challenge during the recovery. The former Goldman employee also reiterated the upside risk to his 6.5% growth forecast for the US economy and said that while “it’s not yet the speculative situation that we had back in ‘07, ‘08 and ‘09", he said that "it bears watching and keeping a close eye on."
His hawkish comments, which came alongside a report that a UK study has determined that individuals who have had only the first does of the Pfizer COVID-19 vaccine remain at risk against dominant new variants (except in those who have already had COVID-19) spooked markets and promptly put a damper on a modest rally that tried to emerge shortly after the US open.
https://www.zerohedge.com/markets/dallas-fed-head-spooks-stocks-weve-got-real-excesses-housing-market-says-fed-should-hike
from April 27th
Home prices rise at fastest yearly pace in 1996 in February: S&P Case-Shiller
https://thehill.com/policy/finance/550444-home-prices-at-fastest-yearly-pace-in-1996-in-february-sp
>consumers in general don't care
they don't
as long as they can get "stuff"
The credit cards werk, gas pumps a pumpin' and Starbucks open all dat matters to 'em
Baker Hughes sold by General Electric Co.: $971.13m-Apr 29
GE raised nearly $1 billion through sale of Baker Hughes stock
On July 29, 2020, GE said it was launching a program to “fully monetize” its Baker Hughes stake over the next three years. Since July 29, when GE owned 377,427,884 shares, or a 36.5% stake in Baker Hughes, GE has now sold off 109,680,947 shares. Based on the Baker Hughes stock’s VWAP since July 29 of $18.95, the value of the shares sold would be about $2.08 billion. The Baker Hughes stock GE still owns is worth about $5.50 billion at Thursday’s closing price of $20.54.
https://www.marketwatch.com/story/ge-raised-nearly-1-billion-through-sale-of-baker-hughes-stock-11619788869
following on a Jan 22 sale of $735.05m
Baker Hughes Co, formerly Baker Hughes, a GE Company, is an oilfield services company. The Company provides oilfield products, services and digital solutions. It operates through four business segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). OFS provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production and intervention. OFE provides a broad portfolio of products and services required to facilitate the flow of hydrocarbons from the subsea wellhead to the surface production facilities. TPS provides equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry. DS provides operating technologies for the health, productivity and safety of asset intensive industries and enable the industrial Internet of Things. Number of employees : 55 000 people.
https://www.marketscreener.com/quote/stock/BAKER-HUGHES-COMPANY-40311111/company/
https://finviz.com/insidertrading.ashx?oc=40545&tc=7&b=2
Rare when a story is published to go along with these
>wonder what Condi is saying bout French generals wanting to take over
dat what they sayin nao?
Cause we did such a good job there.
Lebanese prosecutor opens probe into central bank governor and brother
Lebanon's public prosecutor has launched an investigation into central bank governor Riad Salameh, a judicial source said, after a Swiss legal request alleged that more than $300 million had been embezzled from the bank through a company owned by his brother.
The senior judicial source told Reuters the offices of Salameh's younger brother Raja had been sealed off, with computers and files confiscated in the course of the investigation. The public prosecutor had no comment. Riad Salameh, who has denied any wrongdoing, had no comment when asked by Reuters about the opening of the investigation, the sealing of his brother's office and the confiscation of the files. "The governor declared that all his actions and the actions of the Central Bank of Lebanon are legal and that no funds at the detriment of the central bank exist," the central bank told Reuters in a statement. "Not one dollar has ever been paid from central bank money or funds or any budget as commission," the statement said. The central bank declined to provide contact details for Raja Salameh, and Reuters was not immediately able to ask him for comment.
The Swiss attorney general's office said in January that it had requested legal assistance from Lebanon in investigating "aggravated money laundering" and possible embezzlement relating to the Lebanese central bank, the Banque du Liban.
https://www.reuters.com/world/middle-east/lebanese-prosecutor-opens-probe-into-central-bank-governor-brother-2021-04-30/
John Kerry discloses millions in income from finance, energy firms
John Kerry disclosed millions in income and a massive stock portfolio that he's liquidated since taking office as President Biden’s special climate envoy, according to a financial filing obtained by Axios on Friday.
Why it matters: Kerry is among the wealthiest members of the Biden administration. He maintains significant influence over U.S. energy and environmental policy as Biden's climate envoy, a role that comes after he advised a number of firms in the space following his time as secretary of State.
*The State Department, where Kerry officially works again, says he has divested assets that could pose a conflict of interest, and signed an ethics pledge barring him from participating in specific policymaking decisions that could affect his former clients and employers.
Kerry received millions of dollars in salary, consulting fees and honoraria, according to the filing, which covers 2020 and most of January 2021.
*He drew a $5 million salary from Bank of America. He was tapped as chairman of the bank's global advisory council months after his tenure as Barack Obama's second secretary of State.
*He landed $382,400 in speaking fees from entities including Deutsche Bank, Waste Management and Cornell University.
*Kerry also reported compensation "in excess of $5,000" for more than a dozen other speeches in 2019, including ones to Barclays, Zurich Insurance and the foundation run by Ukrainian oligarch Victor Pinchuk.
moar
https://www.axios.com/john-kerry-financial-disclosure-d26d25e7-5201-477c-a166-ff1eb97aa4e4.html
You are correct.
AC'sway moar than on any boat..but not a boatfag.
They usually buy them and park them somewhere (or have them delivered to some place) and then fly in to board.
It also could just be the Gates Foundation using this plane but this is known to be his personal AC.
The underlings use Reg N194WM for the most part
caught three trips in the last wee- all starting in seattle
0423 to Thermal (Indio) CA. for less than one hour.(timestamp says AM wuz PM)
0425 To Flagstaff, AZ for less than one hour
0427 to Phoenix, AZ for about two hours