PlaneFag Europe activity-WH NSO and mebby JCOS Milley left Vienna, Brazilian envoy left Rzsesow airport after a 'visit to Kyiv'
SAM847 C-40B departing Vienna, Austria (normally this is JCOS Milley's AC and also still could be) but the article sez WH NSO Jake 'Fooked' Sullivan was there talking to muh Chinese -the usual WH NSO AC (#01-0015) is stateside on a VENUS flight right now (non-VIP)
In Bid to Ease Tensions, Top Biden Aide and Chinese Diplomat Meet
US National Security Adviser Jake Sullivan sat down with China’s top diplomat Wang Yi in Vienna on Thursday, a US official said, as the White House seeks to keep relations from getting worse.
https://www.bloomberg.com/news/articles/2023-05-11/top-biden-aide-meets-chinese-counterpart-in-bid-to-ease-tensions
Brazil AF BRS035 Embraer135 departed Rzsesow Airport after arriving on 0509 from a Paris depart
Brazilian envoy meeting Ukrainian officials to devise a peace plan
Ukrainian diplomat Andrij Melnik Wednesday said Brazil can “play an important role” in stopping the war with Russia ahead of his meeting with President Luiz Inácio Lula da Silva's envoy Celso Amorim in Kyiv
https://en.mercopress.com/2023/05/11/brazilian-envoy-meeting-ukrainian-officials-to-devise-a-peace-plan
They had enough time to pull this one off as it has been at Rzsesow since 0509-still very unlikely they make these train trips as reported
Russian AF URHOT and is miss-identified in ADS-B (sez it's a Sukhoi 57 but it certainly is not' (too slow-90kts so probably a Helo of some sort) back on ground after a quick out and back just north of Prague
Czech AF CEF539 A319 returning to Prague from Brussels depart and stop of about 40m and they Czechs are being'magnanamous' and looking to give Zelensky some sub-sonic fighters (L-159s) since no one wants to be the donor for Ukraine's metal recycling program (F-16s and Eurofighters-althought they did get some MiG 29s from Poland and Slovakia in March)
French AF CTM0005 Falcon 7X departed Berlin after a stop of about 6h
France could tax food industry over high prices - finance minister
The French government could use tax measures to claw back profits from the food industry if it does not accept talks on high prices, Finance Minister Bruno Le Maire said on Thursday. With food inflation running at a record 15% in recent months, the government is furious that retail prices remain high despite declines in raw material prices. Le Maire said that the food industry was reaping big profits and that it must reopen annual negotiations with retailers and lower their prices.
https://www.reuters.com/markets/europe/france-could-tax-food-industry-over-high-prices-finance-minister-2023-05-11/
Polish AF PLF110 737 (this is the another 737 used by President-he is in Tirana, Albania for a visit) on ground at Goleniow AB from Warsaw
Pakis (AC from Lahore) were early (thursday arrival about at same time as Japanese Imp. family) to King Chucky's BS and left on Monday I beleebs
PlaneFag CONUS activity
Belgian AF BAF81 Falcon 7x arrived at JBA from Brussels depart- Queen Ursla went 'to Kyiv' 2 days ago and this AC departed JBA on 0505 after arriving back at JBA on 0504 from a r/t to Phoenix-Sky Harbor Int'l
VV101 US Navy G5 south from JBA
Mexi AF FAM3527 737 west from JBA depart and also Mexi Navy CL-60 NW from Mex. City depart
SPAR21 C-40C east from Scott AFB, IL
GORDO01 E-4B Nightwatch NW from Robins AFB, GA-heading to Offutt AFB (STRATCOM) and looks like it will do a refueling exercise with HUSKR15 KC-135 tanker and also haz FIZZ95 KC-46A Pegasus to the west after leaving Wright-Patt. AFB, Dayton
2 USAFSOC 'Special Ops' C-146 Wolfhounds WN from Eglin AFB
KBAR08 USMC UC-12W Huron NW from an overnight at Comayagua, Honduras-this is where kneepads went on her trip to Honduras-earlier this year for the swearing in ceremony of new President in late January
EASY04 USMC UC-12W Huron SE from NAS/JRB New Orleans
PAT248 C560 NE from JFTB- Los Alamitos-had a trip to Seattle and back to Alalitos on 0509
RAF VALKYR38 Thales Watchkeeper drone doing roundies over Ft. Bliss, TX at9k ft
Told ya they were done…50.6% for pause, 46.6% for cut in July…June is 94% for pause..6% for raise'
Fed funds futures traders see 50%(46.6%) chance of July Fed rate cut, with regional banks back in focus
Fed funds futures traders saw a growing chance on Thursday that policy makers will cut interest rates at their July 25-26 meeting. They are pricing in a 50% likelihood of the Federal Reserve cutting borrowing costs by at least a quarter of a percentage point in two months, up from 42% on Wednesday. Such a move would bring the fed funds rate down to a range of 4.75%-5%, after accounting for a pause by the Fed in June. Regional-banking concerns were back in focus again after PacWest Bancorp said it lost 9.5% of deposits during the week that ended May 5. Treasury yields were broadly lower in morning trading, led by a drop in the 2-month T-bill rate, after Thursday's producer price data for April revealed that inflation is moderating.
https://www.morningstar.com/news/marketwatch/20230511425/fed-funds-futures-traders-see-50-chance-of-july-fed-rate-cut-with-regional-banks-back-in-focus
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
Cap#3 is SPDR S&P Regional Banking ETF (KRE) and someone came in with 15.95m shares as it was just about to fall off a cliff at 11:18am and 92% of it's total volume in one minute….."sound and resilient"
https://finance.yahoo.com/quote/KRE
JPMorgan CEO Dimon says bank is convening a 'war room' on debt ceiling
JPMorgan Chase & CO (JPM.N) CEO Jamie Dimon said on Thursday the bank is convening weekly meetings to discuss the implications of a potential U.S. default, according to an interview on Bloomberg TV. That bank's so-called "war room" will probably start daily meetings on May 21, then ramp up to three times a day if the standoff over the debt limit drags on, he said. "We've got to be very careful about getting close" to a default, which could cause a financial panic, he added. "It's very unfortunate, it's time-consuming, hopefully it won't happen, but it affects contracts, collateral, clearing houses, clients." Turning to the banking crisis, Dimon said regional banks are "quite strong" after reporting good earnings. Still, the industry and regulators should "just be prepared for problems."
>>18830198 KRE Regional Banks ETF 15.95m shares as it was just about to fall off a cliff at 11:18am and 92% of it's total volume in one minute….."sound and resilient"
He expects more regulation on the banks, but stressed the need to proceed carefully. Dimon hopes regulators, including the U.S. Securities and Exchange Commission (SEC), will look into short selling on bank stocks and potential collusion via social media posts.
https://www.reuters.com/business/finance/jpmorgan-ceo-jamie-dimon-says-bank-is-preparing-war-room-debt-ceiling-2023-05-11/
Jamie with the fear pron and parroting the SEC line of those 'nasty short sellers are causing all of this'….it wasn't loading up on ZIRP T-notes/bills and then refusing to mark-to-market…nope not THAT at all
fuq him…banning shorts made it worse in 2008 although they like to say it helped-even the Fed said it made it worse.
They will probably remove what is left of uptick rule first or whatever it has morphed into- they changed it in 2010 and said they allow longs to get out before shorts can initiate (in a halt) but the main rule was removed in 2007
Once you do that there ain't no whooshes up from covering-ony from the ones already in.
California reparations: What to know about the plan to give billions to Black residents
California is moving forward with its effort to compensate and apologize to Black residents for harm caused by discriminatory policies over generations after the state’s reparations task force voted to approve recommendations Saturday. The nine-member committee – first convened nearly two years ago – approved a hefty list of proposals during a meeting Saturday.
Though the meeting and the vote marked a crucial moment in the fight for atonement for generations of harm by discriminatory policies on the local, state and federal level, the proposals are far from approved policy. The list of recommendations now goes to state lawmakers to consider for reparations legislation.
https://www.usatoday.com/story/news/politics/2023/05/10/california-reparations-task-force-black-residents/70200786007/
"I don't recall"