TyB
>wasn’t C lb GB
Mornin’ nizza
planeFag: Europe and eastern Med activity-Musk in Tel Aviv w/German President and sucking up to Nutty Asshoe and muh anti-semitism-ProTip: not semites
Dutch AF MMF49 A330 and Polish AF PLF110 737 departed Rzsesow Airport NE-Polish AC went to Gdansk
Germans busy right now
German AF GAF711 Neo321 SW from Kanaus, Latvia
German AF GAF733 Global Explorer ES from Bonn (Luftwaffe home base) heading to Tel Aviv and also have GAF955 A350President Walter Steinmeirreturning to Tel Aviv after spending weekend at Cyprus
SAM357 G5 left JBA late last night and went to Ramstein AFB
AE67C0 US Navy P8 Poseidon leaving western Black Sea after getting a fill up from RAF RRR9954 MRTT (Multi Role Tanker Transport) from Cyprus
QID11 KC135 tanker over Adriatic refueling F16s from Aviano AFB
Cap 2
And speaking of Tel Avivwe haveElon MuskN628TS G650 on ground at Ben Gurion Intl as the German President has just landed from Cyprus
Elon Musk begins wartime visit to Israel
https://nypost.com/2023/11/27/news/elon-musk-begins-wartime-visit-to-israel-aviation-tracker-says/
No one does with 100% certainty
Peeps like making statements in here with no backup and try to pass it off as “I know because you can’t prove otherwise”
In fact the biggest one (statement KING) will be around shortly
Full of BS but “they know it all”
Just ask them
Kek
Fed Bank Bailout Program Borrowing Surged In November
()=additional comments
(MktFag has covered this weekly but here is another take headline wise….In the last month the AI/Bot traders were short-the majority of them-especially Hedge Funds as they were slaughtered and now BOTH forced to go long so now you’ve also got money market funds chasing the move up and just as November ends the Corporate Share buyback ends on December 8th-meaning whatever was left “in the tank” has to be completed by that date because they are blacked out 3 weeks prior to any qtr closing so expect to see some drops after that date or the US Treasury will need to activate the Exchange Stabilization Fund (ESF) to keep it propped-as a side note there are several Treasury Auctions this week that will affect the Bond complex-short duration first (Bills) then a 2,5 and 7 year Note “auctions”-cap 3)
https://www.treasurydirect.gov/auctions/upcoming/
Total outstanding loans in the Federal Reserve’s bank bailout program jumped by just over $5 billion in November.
There was a sudden spike in banks tapping into the bailout program during the first week of the month with financial institutions borrowing $3.87 billion from the Bank Term Funding Program (BTFP). There was another surge in borrowing between Nov. 15 and Nov. 22, according to Fed data.
As of Nov. 22, there was $114.1 billion in outstanding loans in the BTFP bank bailout program. As you can see from the chart-cap 2-borrowing had leveled off in August before the sudden spike in November. Keep in mind that banks were still tapping into the bailout even as the total balance in the program plateaued. Some banks were paying off loans as others borrowed.
The fact that banks are still accessing the bailout program, and suddenly at a faster rate, would seem to indicate that the banking sector remains shaky.
After the collapse of Silicon Valley Bank and Signature Bank, the Fed created the BTFP, allowing banks to easily access capital “to help assure banks have the ability to meet the needs of all their depositors.”
The ability to borrow against the face value of their bond portfolios is a sweetheart deal for banks given the big drop in bond prices.
As the Fed jacked up interest rates to fight price inflation, it decimated the bond market. (Bond prices and interest rates are inversely correlated. As interest rates rise, bond prices fall.) With interest rates rising so quickly, banks were not able to adjust their bond holdings. As a result, many banks have become undercapitalized on paper. The banking sector was buried under some $620 billion in unrealized losses on securities at the end of last year, according to the Federal Deposit Insurance Corp.
The BTFP gives banks a way out, or at least the opportunity to kick the can down the road for a year. Instead of selling bonds that have dropped in value at a big loss, banks can go to the Fed and borrow money at the bonds’ face value.
In the first week of the BTFP, banks borrowed $11.9 billion from the program, along with more than $300 billion from the already-established Fed Discount Window.
The Discount Window requires banks to post collateral at face value and loans come with a relatively high interest rate and must post collateral at fair market value. While Discount Window borrowing surged in the weeks after the collapse of SVC and Signature Bank, the balances were quickly paid back down, and Discount Window borrowing returned to normal levels. But borrowing through the bailout program never slowed down and then suddenly accelerated this month.
It’s notable that the sudden spike in bailout borrowing happened even as the bond market rallied and bonds regained some of their value. This ostensibly provided some relief on banks’ balance sheets.
Granted, the $114 billion outstanding is insignificant compared to the $22.8 trillion in commercial bank assets held by the 4,100 commercial banks in the US. The fact that some troubled banks are still tapping into a bailout program eight months after the crisis doesn’t necessarily mean the banking system is on the verge of collapse(not on verge of collapse it’s already collapsed years ago and the need for these programs to plug the holes proves it-just wait until about start of q2 next year when the Reverse Repo Facility isn’t able to fund US Treasury debt purchases and the NYFED starts moar money printing or Quantitative Easing)But while the bailouts might not be a fire, it’s at least smoke. There are still problems in the banking system bubbling under the surface.(this money from BTFP has to start flowing back on March 11th exactly one year and one day from the FDIC taking over Signature Valley/First Republic Banks-this one was handed to JP Moran and was responsible for its recently reported earnings “beat”)
https://www.zerohedge.com/markets/fed-bank-bailout-program-borrowing-surged-november
Non issue
One missile take care of anything coming out of Yemen but the Chinese be pissed
Ain’t no WW3 habbening as the zionists would have pulled that long ago see cap
Always threaten w/ “Sampson Option”
Chek’t
Exactly wut they want
Create modern day Kharzaria there
So no not what needs to habben
VP has not done anything in western Ukraine
There is a historical reason for that
Look it up
They won’t shut it down but he right on the rest
They (Argentina) have borrowed 20 times from IMF since kicking out Peron in 1956 and they lost the hard connection to black Nazi money through Martin Bormann
Once the election hangover wears off peeps will realize nothing will change
He may not even have authority to close it either but it sounds good in a headline
It’s always a “record” because the money is worth less and retail sales do not factor inflation
So it always takes moar munee hence “record sales amounts in dollars”
It ain’t rocket science
New Home ~~Sales~~ demand FIFY decrease to 679,000 Annual Rate in October
The Census Bureau reports New Home Sales in October were at a seasonally adjusted annual rate (SAAR) of 679 thousand.
The previous three months were revised down.
Sales of new single‐family houses in October 2023 were at a seasonally adjusted annual rate of 679,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.6 percent below the revised September rate of 719,000, but is 17.7 percent above the October 2022 estimate of 577,000. New home sales are close to pre-pandemic levels.
The months of supply increased in October to 7.8 months from 7.2 months in September. The all-time record high was 12.2 months of supply in January 2009. The all-time record low was 3.3 months in August 2020. This is above the top of the normal range (about 4 to 6 months of supply is normal).
"The seasonally‐adjusted estimate of new houses for sale at the end of October was 439,000. This represents a supply of 7.8 months at the current sales rate."
~~Sales~~ DEMAND FIFY again were well below expectations of 730 thousand SAAR, and sales for the three previous months were revised down.
https://www.calculatedriskblog.com/2023/11/new-home-sales-decrease-to-679000.html
Two things went on with this visit by Swiss President:
1.“where is the money Z? “
-
“Once we know where money is and after we evacuate you to Switzerland (because) we know you aren’t gonna tell us until we take you to Geneva) we’ll let you live…mebby”
No
VS is a PIA but right on that
https://www.weforum.org/people/javier-gerardo-milei/
Still an IMF debt slave
You obviously don’t do much research
20 times borrowed from IMF since 1956
This will be habbening this week and you ain’t having meetings with people you are “ kicking out”
Milei lines up ‘protocol meetings’ in United States with IMF, World Bank
https://www.batimes.com.ar/news/argentina/milei-lines-up-protocol-meetings-in-united-states-with-imf-world-bank.phtml
Good luck!
Kek
If he was “kicking them out” as the other ijit thinks we’d be going there like Thatcher did I when Argentina took over the Falkland Islands
And it ended because the French told the Argentinian military that if you sink another UK ship the Brits will shove a nuke up yer ass
British ship sunk by French Exocet missile so Thatcher told the French to tell them what was next cuz the Brits also put battleships off France and threatened them cuz they supplied the missile to Argentina
>>19985610
Makes no difference what nationality he is
They are slaves to IMF and that will not change
THAT is the issue here
(1)
Was the street closed today?
Racist bigot was late today
Can ya add this…not just about religious “ things”
>>19985509, >>19985590 Milei lines up ‘protocol meetings’ in United States with IMF, World Bank
>>19985683
You should try decaf bro
Might help
Yer shit yesterday was funny
Do it again today
Kek
Do the comms nigger thing and baker’s union next
Cause that was really funny trying to blame yer board takeover in sept 2020 on someone else
>>19985725
Like a violin baby
You too easy