TyB
==planeFag: Europe/Med activity
Swiss AF SUI555 Falcon 900 departed Sarajevo BH NW
French AF CTM1079 330 departed Rzsesow-same AC in here yesterday with CTM1079 A400m on ground at same (by nao)
Belgium AF BAF84 Falcon 7x arrived back at Brussels Intl after arriving from Kinshasa, Congo where it arrived on 12/20
French AF CTM3015 A400m follows in same trace
NATO08 E3 AWACS OVER eastern Black Sea
German AF GAF302 C-130 Super Hercules NW from Constanta AB
RCH894 C17 NW from somewhere in Horn of Africa-prolly Djibouti the choke point of Red Sea entry for Suez Canal transit
Morocco AF FRV1325 G5 SW from Paris depart (Morocco wants a slice of Natty Gas biz that Algeria does as Africas #1 exporter and for a while there 2-3 flights daily into/out of Paris with several ACs from Morocco…this has slowed and some of it is maintenance of ACs but not that many daily
Med
HKY691 C-130 Super Hercules departed Tel Aviv NW
IAF 272 Re’em 707 tanker (and there are moar than one under this Reg # as one was arriving at Dover while another was in this same position roughly at same exact time)off shore as aerial refueling platform
mktFag on: Govt Wage Growth Hits Record High As Fed's Favorite Inflation Indicator Tumbles
[Moar proof that 3%-with Powell’s verbal capitulation and Williams’ “hold on there kneegroes” 2 days later is what they will “accept” as the January meeting cap 2 now shows 14.5% for 25bp cut and March meeting cap3 is now at 75.6% for another 25bp cut and rose to 12.5% (from 9) for 50bp but as already mentioned rates have been cut this is Prime/FFR-the ex Fed Vice Chair witch (Brainard) who nao works for Biden as National Economic Council Director is basically doing a victory lap on TeeVee but is “cautious” but “CONfident” and referencing yesterdays Consumer CONfidence Survey-fuck me it’s hilarious having her tout all this shit as being Biden’s focus and nao they’ve managed to get all the indicies green with an early close to the bond market]
One of The Fed's favorite inflation indicators - Core PCE Deflator - tumbled to +3.2% YoY (below the 3.3% exp and down from a downwardly revised 3.4% in October) - the lowest since April 2021. Cap 4
Headline CPI also slowed more than expected, to +2.6% YoY in November (from +2.9% in Oct). The headline PCE Deflator FELL 0.1% MoM - the first monthly decline since April 2020. The drop was all driven by Goods (durable and Non-durable) On a six-month annualized basis, 'mission accomplished'. Even more focused, is the Fed's view on Services inflation ex-Shelter, and the PCE-equivalent shows that it has broken down from its 'sticky' levels to its lowest since March 2021… Year-over-Year Goods deflation continued for the 6th month in a row. Both income and spending rose MoM in November, +0.4% and +0.2% respectively. Which pushed the YoY spending and income growth even faster. The savings rate ticked up from 4.0% to 4.1% in November. On the income side, it's all government-driven gains
-
Private wages up 5.0% YoY after 4.1% in October, which was the lowest in three years
*Government wages up 9.0% YoY, matching all time high
Finally, while the markets are exuberant at the disinflation - and the coming Fed rate-cut avalanche - we do note that it's not all sunshine and unicorns. The vast majority of the reduction in inflation has been 'cyclical'. Acyclical Core PCE inflation remains extremely high, although it has fallen from its highs.
Is The (apolitical) Fed really going to cut rates by 160bps next year with this background?
https://www.zerohedge.com/personal-finance/feds-favorite-inflation-indicator-tumbles-32-month-lows-goods-deflation-continues
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
[they may not cut Prime/FFR-even though the Markets want it via CME FEDwatch futures but rates already been cut by the place that does it…the bond market-cap 5 is 30y fixed Mortgage Rates and conveniently dropping as the spring selling season approaches]
https://ycharts.com/indicators/30_year_mortgage_rate
ICE: Mortgage Delinquency Rate Increased Slightly in November
https://www.calculatedriskblog.com/2023/12/ice-mortgage-delinquency-rate-increased.html?m=1
Tesla to recall over 120,000 vehicles in US - NHTSA
Tesla (TSLA.O) is recalling 120,423 vehicles in the U.S. over the risk of cabin doors being unlocked during a crash, the country's road safety regulator said on Friday, days after announcing another recall by the electric-vehicle maker. The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said. The recall affects 2021-2023 Model S and Model X vehicles as the units fail to comply with certain federal safety standards for side-impact protection.
Tesla recalled over 2 million vehicles in the U.S. last week, its largest ever recall, covering nearly all of its vehicles on the country's roads. It had said the recall was done to install new safeguards in its Autopilot advanced driver-assistance system, after a federal regulator cited safety concerns.
https://www.reuters.com/business/autos-transportation/tesla-recall-over-120000-vehicles-us-nhtsa-2023-12-22/
Not defending him but these are rolling death traps in so many ways (physically and certainly economically-look what it costs you in extra insurance premiums even if you don’t own one and let’s not mention the cost of battery replacement but apparently non of these were issues when he was the darling of the left
The next donation to the metal recycling program if even used
They give them after they know it’s over
Like they ever left
>do the software thing next
RCH677 C-130 Super Hercules heading to Gitmo from NAS Norfolk
SHADY49 Beech MC-12S Huron south from Savannah Intl
From ‘22
List of 49 Republicans Who Voted Against Food Security Help for Veterans
https://www.newsweek.com/49-republicans-voted-against-food-security-office-veterans-1747762
And the best part is most of the participants have no idea until it’s too late
Hasn’t had a call sign for at least 2 weeks
Actually longer
Was used for Potato trip to West coast and no call sign then too
Arrived w/o and left Dec 10 w/o