tybs
>morning
PlaneFag Yerp/Med/Gulf/W. Asia:Blinken, Modi, Orban and Macron on the move with Israeli AF active with AEW&C ACs off coast
SAM266 C-32A departed ToshkentBlinkenand visiting the stani lands..now heading to New Delhi G20 meeting (India has presidency of G-20)
The U.S. is committed to Uzbekistan’s sovereignty and values our partnership on regional connectivity. To that end, I spoke with Acting Foreign Minister Saidov today about our multilateral cooperation via #C5plusUS, human rights, and U.S. investment in Uzbekistan.
https://twitter.com/SecBlinken/status/1630931622194233345?cxt=HHwWgoC2nevqnaItAAAA
INDIA1 737 arrived at New Delhi from Bangalore departPM Modi
French AF CTM0001 A330Macronand CTM0006 Falcon 7X south into Africa from Paris heading to Gabon and a support AC for this
France's Macron set for four-nation tour of Africa
https://news.yahoo.com/frances-macron-set-four-nation-054751483.html
Hungarian AF HUAF134 A319PM Orbandeparted Pisa, Italy after a 1h stop-departed Cairo earlier today and the FM Szjarito was also at Cairo
Egypt and Hungary ink new deals as leaders seek closer ties
https://www.dailymail.co.uk/wires/ap/article-11803223/Egypt-Hungary-ink-new-deals-leaders-seek-closer-ties.html
Running patterns off-shore we have Israeli AF 4 AEW&C (Airbourne Early Warnign& Control) ACS up outta Nevatim AB IRON, BDK19, 4X981,539, Dutch AF MMF MMF50 MRTT (Multi Role Tanker Transport) west from Muwaffaq Salti Air Base, Jordan
Russian AF 46180 Antonov AN-148 returning to Moscow-Chkalovskiy Airport after either Sochi or Crimea depart last seen heading south yesterday and dropped trace near Volgograd
FALCN35 Learjet 35 departed Sigonella AB after arriving from an Ankara depart and Izmir Turkey stop yesterday-heading to Ramstein
Canadian AF CFC2912 CC-130J Hercules left Skopje, Macedonia adter a load out for a second time today from Turzii AB Romania…"helping" the Balkan states
RSAF RSF1340 C-130j left Athens NW
PlaneFag CONUS Activity: CFC1 CL-60 departed Ottawa to Vancouver, B.C.Trudopegettin' outta dodge after this came out yesterday below and "meeting w/ nursing students"..cause that is reeeeally important stuff there
Chinese Billionaire Made $1 Million Donation to Trudeau Charity Following Election that Brought Liberals to Power
https://www.nationalreview.com/news/chinese-billionaire-made-1-million-donation-to-trudeau-charity-following-election-that-brought-liberals-to-power/
https://pm.gc.ca/en/news/itineraries/2023/02/28/prime-ministers-itinerary-wednesday-march-1-2023
PAT009 C560 heading to Houston from Davison Airfield
CYBER10 US Army MC-12S Huron SIGINT (not quite the flying antenna farm but little brother) NW from Augusta Regional Airport GA and passing to the south of the recently landed PAT104 C-560 at Huntsville Int'l also from Davison Airfield
VM767 USMC C560 SW from JBA-arrived back to same yesterday after a stop at Ft. Lauderdale Exec Airport
Mexi AF FAM3526 737 (and the same AC that Cahptio -after beibng arrested in Culiacan) was transported to Mex City on) NW from Santa Lucia AB-Mex City-and he has switched off abd trace stopped about 50m ago so mebby they heading for moar 'clean-ups'
coupla FORGE ACs look like cert flights FORGE53,31 and 63
GKA262 DHC-6 Twin Otter Us Army Golden Knights doing practive jumps over Homestead ARB
>>18417037 pb Economic Schedule for Week of February 26, 2023-expect some really shitty data points in housing, autos, retail
MBA: Mortgage Purchase Applications Decreased, Lowest Level Since 1995-and still dropping
Mortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2023.
The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 4 percent compared with the previous week. The Refinance Index decreased 6 percent from the previous week and was 74 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 6 percent from one week earlier. The unadjusted Purchase Index decreased 3 percent compared with the previous week and was 44 percent lower than the same week one year ago. “The 30-year fixed rate increased to 6.71 percent last week (and now at 6.85%-from yesterday-cap #4), the highest rate since November 2022, which drove a 6 percent drop in applications. After a brief revival in application activity in January when mortgage rates dropped down to 6.2 percent, there has now been three straight weeks of declines in applications as mortgage rates have jumped 50 basis points over the past month,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Data on inflation, employment, and economic activity have signaled that inflation may not be cooling as quickly as anticipated, which continues to put upward pressure on rates.” Added Kan, “Both purchase and refinance applications declined last week, with purchase index at a 28- year low for a second consecutive week. Purchase applications were 44 percent lower than a year ago, as homebuyers again retreat to the sidelines as higher rates crimp affordability. Refinance applications account for less than a third of all applications and remained more than 70 percent behind last year’s pace, as a majority of homeowners are already locked into lower rates.”
With higher mortgage rates, the refinance index declined sharply in 2022. Other than the lows in Q4 of 2022 and early this year, the refinance index was at the lowest level since the year 2000. According to the MBA, purchase activity is down 44% year-over-year unadjusted.
The purchase index is 24% below the pandemic low and at the lowest level since early 1995!
https://www.calculatedriskblog.com/2023/03/mba-mortgage-purchase-applications.html
The FED surveys on Eco. Activity (Dallas and Richmond-and if you dig pat the 'frenly headines' of "its only a flesh wound"-also came out earlier this week and basically if you thought that there have been a lot of layoffs announced already….wait…as the month closes out the first Q all the 'pie-in-the-sky' guidance estimates will be taken down over the next 4 weeks and MAJOR amounts of layoffs will be announced-this is only just gettin' started'''