tybs
>>16169795 lb U.S. economic growth rate unexpectedly declined in the first quarter by 1.4%
"unexpectedly"
These #'s are pretty much fake because the methodology they use have been changed so many times over the years to cover up the reality of what they truly are.
When 45 was in office they did not reflect the strong growth that was habbening and the critics always said "it's not growing fast enough! so he "bad".
Fast forward to now and this print sucks but is actually much worse than what they show because they want to try and show/say that it is only an "aberration" and it will improve because…well because!
All you need to do is look at how the jobs #s and Inflation #s are calculated and the case of the job #s all those consist of are rolling averages of the last 10 years of data that are constantly "adjusted" upwards in no callsign Joe's case and downwards in 45s case.
With the jobs #s if the 10 year avgs say 10k construction jobs were created over that time period then Poof! 10k jobs were created..so on and so forth
The inflation #s are an absolute farce and do not capture anything that is really relevant like the cost of food and fuel much less rent and housing costs-and the same thing goes on dhere.
Go here https://www.shadowstats.com/ if you want a moar accurate reading of what inflation is really like because they use the metrics that actually show the truth-unlike the what gets reported now.
Make sure you're MySQL is updated or it will not work
>guud deeds
imma tryin muh best muh fren-sitch is diff as you know
>howza
ok still gettin muh nic/caff in ta me
you?
>>16165819 lb
Muh "leak"
>Meta (FB) had a 'leak' of it's earning earlier today which was quickly retracted-the stock dropped and then popped right back up "nuffin to see here"-market makers are at work in FULL effect here. It certainly cooled off the BTFD crew as it's been sideways all day since the start in any case. We'll see if this *META PLATFORMS SEES 2Q REV. $27B TO $29B, EST. $30.74B was the truth. FB shares never recovered from that and although they pushed it right back up they are now, essentially right back at those lows-allowing big boi exits because those #' are probably true.
INDIA1 737 PM Modi heading back to New Delhi
This AC is equipped was some of the same security and defense features as AF1 747-just not on the same scale
They are now injecting Modi into this next week-imma guessing he does NOT want to do this but haz no choice-the DS HATE him (so does Billy Gates too)
Modi to visit Europe amid Ukraine crisis
Indian Prime Minister Narendra Modi will depart for a three-nation European tour of Germany, Denmark and France next week amid the Russia-Ukraine war. Modi will first travel to Germany on May 2, where he is slated to hold bilateral talks with Chancellor Olaf Scholz. From Germany, he will go to Denmark and will have a brief stopover in Paris on his way back home on May 4, according to the Foreign Ministry "In Berlin, the Prime Minister will hold bilateral talks with Olaf Scholz, Federal Chancellor of Germany, and the two leaders will co-chair the sixth edition of the India-Germany Inter-Governmental Consultations (IGC)," the Ministry said in a statement.
Modi's visit will be an opportunity to enhance and intensify cooperation in a broad range of areas and for the two governments to exchange views on regional and global matters of mutual interest, according to the Ministry. "During his visit, the Prime Minister and German Chancellor Scholz would also jointly address a business event. The Prime Minister will address and interact with the Indian community in Germany," it said. From Germany, Modi will head to Copenhagen. Apart from holding bilateral talks with Danish Prime Minister Mette Frederiksen, the Indian PM will participate in the second India-Nordic summit being hosted by Denmark, the Ministry said. At the India-Nordic summit, Modi will also hold talks with Premier KatrĂn JakobsdĂłttir of Iceland, Prime Minister Jonas Gahr Støre of Norway, Premier Magdalena Andersson of Sweden and PM Sanna Marin of Finland.
https://www.daily-sun.com/post/618158/Modi-to-visit-Europe-amid-Ukraine-crisis
Twitter adds 30 million new users in run up to Musk sale
Twitter, which this week agreed to be bought by billionaire Elon Musk, has said its user numbers grew faster than expected over the past year. Advertising revenue has also been rising, but by less than was forecast. Some observers have questioned Mr Musk's commercial judgement in buying Twitter, a platform that despite its high profile has not consistently made high returns. In the latest quarter it made a profit of $513m (ÂŁ412m) on revenues of $1.2bn.
Daily active users of the platform rose to 229 million, up from 199 million a year earlier, the company said, publishing its latest financial results. New users grew faster outside the US, by 18.1%, than in its home market where numbers were up 6.4% over the 12 months to the end of March.
In publishing its results, the firm said it was withdrawing all previously provided guidance over its immediate commercial outlook.
However, it did say revenues had been affected by "headwinds associated with the war in Ukraine". Mr Musk's purchase is likely to take several months to complete, after which the company will be owned privately.
While Mr Musk has not made clear his precise plans for the platform, he has spoken about reducing advertising, and cracking down on "bot" or automated accounts. He has also prompted controversy by suggesting there may be a new approach to how Twitter moderates free speech.
https://www.bbc.com/news/business-61258357
German AF medical evac. flight outta Rzesow
German AF GAFMED1 A310 departed Rzesow wn
It's been there for about 7 hours so not a huge emergency
Arrived from Koln-Luftwaffe home base
on ground at Leipzig Airport
they don't want to do the ruble conversion through the Russian banks and Germany burned a hole in the sky to the US last week with 4 trips to Dulles bitching about muh energy
Did the U.S. economy really shrink in early 2022? Is a recession near? No, and here’s why
The surprising contraction in the U.S. economy in the first quarter has been written off by Wall Street as a misleadingly weak number that in no way signals an oncoming recession. So how well did the economy really perform? Not bad, it seems. Maybe even pretty good, economists say. “The first quarter was not as bad as it looks at first glance,” said chief economist Bill Adams of Comerica Bank in Toledo, Ohio. Let’s start with the 1.4% drop in gross domestic product, the headline number that gets all the attention. GDP is the official scorecard of sorts for the economy. Most of the decline was tied to a record U.S. trade deficit, shrinking inventories and less government spending. Added altogether and these oft-volatile categories subtracted a whopping 4.5 points from GDP. The real strength of the economy, however, lies in consumer spending and business investment. And both were quite sturdy.
when the 80% of the economy is based on consumption…sorry..consumer credit is also peaking again Consumer spending rose at a healthy 2.7% pace after inflation — the highest in three quarters — and business investment jumped 7.3%. That was the biggest increase in a year.
“Although GDP fell in the first quarter, the U.S. economy is not in recession,” chief economist Gus Faucher of PNC Financial Services said. “A few temporary factors—trade, inventories, and government—caused the economy to shrink.” A better way to assess the economy’s performance, economists say, is to look at final sales to U.S. customers. Simply put, the measure strips out exports and inventories and focuses on how much stuff Americans are buying from U.S. and foreign sellers. These sales rose at a solid 2.6% annual clip, up considerably from the second half of 2021. Strip out reduced U.S government spending and final sales to private customers — that is, households and businesses — rose an even stronger 3.7%. Looked at that way, the U.S. economy actually strengthened from January to March compared to the end of last year, when the headline GDP numbers were much higher. GDP rose at a 6.9% rate in the fourth quarter and 2.3% in the third quarter. Can the good times last? Economists predict GDP will accelerate to a 2% clip in the second quarter, but as always, the devil will be in the details. The U.S. could be facing tougher times with the Federal Reserve raising interest rates and more turbulence overseas.
https://www.marketwatch.com/story/did-the-u-s-economy-really-shrink-in-early-2022-is-a-recession-near-no-and-heres-why-11651155255
>These #'s are pretty much fake because the methodology they use have been changed so many times over the years to cover up the reality of what they truly are.
>When 45 was in office they did not reflect the strong growth that was habbening and the critics always said "it's not growing fast enough! so he "bad".
Justice Department and SEC Portray Serially-Charged Banks on Wall Street as Hapless Victims of Archegos Fraud. Nobody’s Buying It
Yesterday, the U.S. Department of Justice, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) brought charges against executives at Archegos Capital Management, the family office hedge fund that blew up in March of 2021. The Justice Department brought criminal charges while the SEC and CFTC brought civil charges.
Archegos founder and owner Sung Kook (Bill) Hwang and its former CFO, Patrick Halligan, were indicted on securities fraud and racketeering charges. William Tomita, the former Head Trader, and Scott Becker, the former Chief Risk Officer, have pleaded guilty for their roles in the fraud and are cooperating with the Justice Department.
All three federal agencies adopted the narrative that the biggest trading houses on Wall Street were the hapless victims of the Archegos’ fraud. That narrative is going to be difficult for a jury to swallow for the following reasons:
(1) the Wall Street firms invented the derivatives (total return swaps) that Archegos was using to hide its concentrated stock positions from the marketplace. The legality of those contracts has come into question. Archegos had been in operation since 2013, but had never made a 13F filing with the SEC showing its stock holdings because the Wall Street banks lumped Archegos’ stock positions into the banks’ own 13F filings, making it appear to the public as if the banks actually owned these stock positions;
(2) the same Wall Street firms provided Archegos with as much as 85 percent margin debt on the stock trades tricked up as derivative trades, despite the federal regulation requiring a maximum of 50 percent initial margin debt on stock trades. The Justice Department said that at one point Archegos had $35 billion in capital and $160 billion in market value;
(3) the same Wall Street firms were actually part of the manipulation of the stock prices in the Archegos portfolio because they were buying up the same shares to hedge their own exposure to their derivative gambles with Archegos;
(4) the same Wall Street firms were incentivized to refill the punch bowl and keep the party going at Archegos because of the fat fees they were collecting; and
(5) the Wall Street firms that the Justice Department alleges were defrauded by Archegos are some of the most sophisticated global trading firms on the planet and have been serially charged themselves with defrauding investors.
The theory of the Archegos case by the U.S. Department of Justice was so lame that U.S. Attorney Damian Williams beat it out of his press conference yesterday after taking only a handful of questions from reporters.
There was a lot of backslapping at the press conference on how fast and how great the work of the federal investigators had been to bring charges in just a little over a year since Archegos collapsed, resulting in at least $10 billion in losses to its bank counterparties. But one question from a reporter at the press conference revealed just how skimpy this investigation had been. The reporter asked if there could be “10 other individuals out there that we don’t know about,” meaning 10 other Archegos-style family office hedge funds doing business with Wall Street firms in a similar fashion. U.S. Attorney Williams responded: “It’s a fair question. I can’t speculate on what else may be out there.”
If the U.S. Attorney’s office for the Southern District of New York concluded its investigation without knowing the full breadth and scope of what Wall Street is doing with these total return swaps for other family office hedge funds, can one really call this an investigation?
https://wallstreetonparade.com/2022/04/justice-department-and-sec-portray-serially-charged-banks-on-wall-street-as-hapless-victims-of-archegos-fraud-nobodys-buying-it/
The rest of the "characters" in Cap#2 are positioned roughly the same-over the years they have shown they all do the same thing-cap #3
They just have not been "caught" yet or have had the equities they "own" drop enough to be called in.
SAM478 USAF G5 KAF AC of interdast west from JBA-this AC Tail# 18-1947 is top 2 or 3 for VIP transports from the 99th Airlift Squad
It has been used by Shrub several times-used to pick him up in Kennebunkport last year for the 9/11 "festivities" and for Colin Powell's service on November 5th, 2021 -dropping him off in Waco as SAM43-cap #2
they also want a continuous $5-$7B a month on top of all that for debt service payments