Anonymous ID: 1fcfc5 April 10, 2023, 7:04 a.m. No.18671647   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>1830 >>1991 >>2048

PlaneFag Europe and CONUS Activity:

 

Russian AF RSD946 Special Flight Squadron returning to Moscow from stop at Omsk

 

RAF RRR4944 C-17 east from RAF Brize Norton and most likely heading to Rzsesow Airport

 

Aussie AF ASY484 A332 MRTT (Multi Role Tanker Transport) heading across the Atlantic from a Stansted Airport departure

 

RCH3277 C-17 arriving at RAF Mildenhall from a Bangor ME ground stop last night and Offutt AFB (STRATCOM) depart prior

 

RCH4605 C-17 heading to Ramstein AF from Dublin Ireland stop and JBA departure earlier

 

CONUS

SAM863 G5 landed at Patrick SFB from JBA and C102 US Coast Guard G5 heading to Orlando from Reagan National-this is a new AC and went into service last July

PAID1 C-17 (ain't that the troof) Globemaster departed Dover AFB

Anonymous ID: 1fcfc5 April 10, 2023, 7:21 a.m. No.18671718   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>1830 >>1991 >>2048

Economic Schedule for Week of April 9, 2023

 

The key reports this week are March CPI and retail sales. For manufacturing, the March Industrial Production report will be released this week. Hilarious GDPNOW from Atlanta FED will be update later today and took a nose dive last week to 1.3%-cap#2

https://www.atlantafed.org/cqer/research/gdpnow

 

  • Monday, April 10th -

No major economic releases scheduled.

 

  • Tuesday, April 11th -

6:00 AM ET: NFIB Small Business Optimism Index for March.

 

  • Wednesday, April 12th -

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Consumer Price Index for March from the BLS. The consensus is for 0.3% increase in CPI (up 5.2% YoY) and a 0.4% increase in core CPI (up 5.6% YoY).

2:00 PM: FOMC Minutes, Meeting of March 21-22 (we're gonna keep raising is what this will say)

 

  • Thursday, April 13th -

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 233 thousand initial claims, up from 228 thousand last week.

8:30 AM: The Producer Price Index for March from the BLS. The consensus is for a 0.0% increase in PPI, and a 0.3% increase in core PPI.

 

  • Friday, April 14th -

8:30 AM: Retail sales for March is scheduled to be released. The consensus is for a 0.4% decrease in retail sales.

9:15 AM: The Fed will release Industrial Production and Capacity Utilization for March.

The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to decrease to 79.0%.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for April).

https://www.calculatedriskblog.com/2023/04/schedule-for-week-of-april-9-2023.html

 

NAS down over 1% at present and the metals took a hit at the NYMEX open (right on cue!)

https://www.kitco.com/charts/livegold.html

https://www.kitco.com/charts/livesilver.html

Anonymous ID: 1fcfc5 April 10, 2023, 7:44 a.m. No.18671800   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>1830 >>1991 >>2048

Recession Warning? Consumer Debt Climbs But Pace Slowing

 

American consumers continued to pile on debt in February, but the pace of borrowing slowed significantly, another sign the economy could be heading toward a recession. Overall, consumer debt grew by $15.3 billion in February, a 3.8% annual increase, according to the latest data from the Federal Reserve. That compares with an upwardly revised 19.5 billion increase in January.

 

Americans now owe a record $4.82 trillion in consumer debt.

 

The Federal Reserve consumer debt figures include credit card debt, student loans, and auto loans, but do not factor in mortgage debt. When you include mortgages, US households are buried under more than $16.9 trillion in debt. Household debt charted the biggest increase in two decades in the fourth quarter of 2022.

 

Credit card debt grew at a much slower pace in February, in line with the drop in retail sales. Lower fuel and energy prices gave consumers some relief, even as price inflation remains elevated. As Forbes reported in February, retail sales that month told a โ€œstory of consumers leaning into value and curtailed spending.โ€ The borrowing data confirms this.

 

Revolving debt, primarily reflecting credit card borrowing increased by $5 billion in February, a 3.8% increase. In absolute terms, it was the smallest increase in revolving credit since April 2021. But credit card borrowing still remains slightly higher than the prepandemic average even with higher interest rates as Americans continue to cope with rapidly increasing prices. To put the numbers into perspective, the annual increase in 2019, prior to the pandemic, was 3.6%. Itโ€™s pretty clear that Americans are still heavily relying on credit cards to make ends meet. Bloomberg reported, โ€œStill, many Americans are leaning on credit cards to keep up with rising prices. A Census Bureau survey in early March showed about a third of Americans said they used credit cards or loans to meet their spending needs.โ€

 

Americans now owe a record $1.22 trillion in revolving debt. The bigger problem is the double whammy of rising debt and rising interest rates. (which is why Prime rate hikes will stop soon cause most of the huge shit pile of Derivatives is interest rate and FOREX sensitive)

>>18639077, >>18639104 pb OTC Derivative positions Q4 2022-Goldman Sachs takes the 'top' spot from JP Moran

 

Average credit card interest rates eclipsed the record high of 17.87% months ago. The average annual percentage rate (APR) currently stands at 20.11%.

https://www.zerohedge.com/personal-finance/recession-warning-consumer-debt-climbs-pace-slowing

cap#2

https://www.federalreserve.gov/releases/g19/current/