tyb
PF: Potato in 92-9000 747 departed Peterson SFB and 09-0015 C-32A left Kirtland AFB-shares with Sunport Int'l Airport Albuquerque with BOXER46 C-40C also departed Peterson SFB
That is all he is doing today-had to arrive yesterday for that too
https://factba.se/biden/calendar
SAM006 G5 departed Long Beach Airport after an overnight
SAM004 G5 returned to JBA after a ground stop at Cancun Int'l
WEPS89 E-6B Mercury on the track as Potato and escort pass by
SPAR597 Learjet 35 just departed Barksdale AFB after a ground stop
Elon Musklanded at Austin Int'l from a Shanghai Int'l depart earlier >>18922177, >>18929591, >>18934810, >>18934340 pb
VV100 G5 inbound to JBA from a Helsinki Int'l depart earlier today
>>18929638, >>18929664, FDIC Quarterly Banking Profile (1st Quarter 2023)
Bank Bailout Facility Usage Hits New Record High As Money-Market Fund Inflows Soared Again Last Week
After Friday's deposits data hinted - on a seasonally-adjusted and pre-revision basis - that outflows had stalled, we note that regional bank stocks have gone nowhere and, as we just found out, money market fund inflows have continued to soar-cap#2.
The last week saw a $31.7 billion inflow into money market funds to a new record high of $5.42 trillion - the 6th week in a row (and 11th week of the last 12) Notably, in the last 14 weeks - since SVB's panic began - money-market funds have seen an aggregate $600 billion in inflows. Institutional funds saw $19.77 billion in inflows while retail funds added around $12 billion. This continued surge in money market fund inflows strongly suggests tomorrow's H8 deposit report will show the bank walk/run is continuing.-cap#3
(The 'tax season or seasonal adjustment narrative is total BS-and the Fed thinks that a magiacal amount of $200B is just gonna show up ) The Fed's balance sheet shrank a dramatic $50 billion last week, almost back to pre-SVB-bailout levels..And as far as QT is concerned, after last week's very small drop, Total Securities Held Outright tumbled around $43 billion to its lowest since Aug 2021. The US central bank had $97.6 billion of loans outstanding to financial institutions through two backstop lending facilities, up again from last week (the drop was FRC's removal) with the Fed's Bank Term Funding Program rose by $1.7 billion to a new record high of $93.6 billion-cap #4
moar here
https://www.zerohedge.com/markets/bank-bailout-facility-usage-hits-new-record-high-money-market-fund-inflows-soared-again-0
As yesterday's FDIC Qrtly bank report showed (and that is just the first few weeks of the stresses in the Treasury markets because that was for Q1 which ended on March 31st) the banking system still holds roughly 54% of it's assets in short term (less than 3 year maturities) so even though the total amount of unrealized losses went down by 16%..that was from Q4 '22 to Q1 '23 so the next one will show a very large increase in the unrealized losses or 'Held-to-Maturity' accounting bucket
>>18892798 pb
Repocalypse Redux Ahead on Deluge of $1 Trillion in Treasury Bills
So you "solve" the debt ceiling problem (they will eventually and may even go a day or two w/o) but you then have a flood of US Treasury notes/bills that come to market to make up for the inability to issue it. Last time (in 2019) is was only $78B that caused the "repocalypse" problem-SOFR rates spiking to 10% stopped QE-and now yer gonna have about $1T so nuffin to see here. No matter what they do they are screwed.
https://www.youtube.com/watch?v=27T77luHMz4
PF: CHUB01 E-6B Mercury heading off shore from Travis AFB, CA depart
>>18936758, >>18937007 PF: Potato back to JBA from USAF commencement SAM/SPAR activity and Elon back at Austin
>>18936871 Bank Bailout Facility Usage Hits New Record High As Money-Market Fund Inflows Soared Again Last Week