tyb's
Morning Look at the Sky
SAM369 USAF G5 out of Miami Int'l and NE
Hungarian AF HUAF804 AN-26 up from southern Portugal and NE
RSAF HZ101 737 east N from Muscat Int'l Oman-this went into Pakiland 2 days ago and was switched off upon entering the Gulf waters. ADS-B tries to 'create' a pattern to fill in lost data so don't know the exact location
Luftwaffe GAF192 Airbus 400M on final to Amman, Jordan-off scope now just after cap
ELVIS18 Beechcraft MC-12W Liberty up from Rota NB, Spain
morning B
Libor Plunges Most Since 2008 as Rate Catches Up to Fed-Cut Bets
One of the world’s most important short-term interest rates staged its biggest one-day drop in more than a decade Wednesday in a sign that markets are bracing for even lower U.S. borrowing costs in the face of the spreading coronavirus.
The three-month London interbank offered rate for dollars – a benchmark for trillions of dollars in financial products globally – sank 31.4 basis points to 1.00063%. That’s the biggest one-day slide since October 2008, the height of the global financial crisis.
The move reflects a market that’s catching up with front-end rates that had already begun pricing additional Federal Reserve rate cuts even after Tuesday’s emergency half-point reduction. Fed officials have a scheduled meeting on March 17-18. It’s not just short-term rates that are indicating market concerns over the virus’s impact. The 10-year Treasury yield sank below 1% Tuesday for the first time, and it stood around 0.99% Wednesday morning as stocks showed signs of stabilizing.
https://www.bloomberg.com//news/articles/2020-03-04/libor-plunges-most-since-2008-as-rate-catches-up-to-fed-cut-bets
https://www.marketwatch.com/investing/bond/tmubmusd10y
doing fine. A little slow, seems the earlier I go to bed I can't seem to shake it next morning very quickly. Got used to 4-5 hrs but getting moar now.
and you?
VENIS31 USAF C-40B out of JBA and someone hit the wrong button for the call…or not
R01O51 USMC C-560 Cessna Citation out of Atlanta with some spoopiness NW and a fly-by at Huntsville, Al Int'l
0=operators are active
R90104 USMC C-560 has joined the circle track party with R01O51-still trackin' it-cap #2
UPSET31 KC-135R Stratotanker north from Milwaukee and a u turn over Lake Winnebago
We've had Bill Clinton, FDR, Grover Cleveland and now Herbert Hoover…some mad ex-presidents for sure. 5:5 pilot..keep 'em coming
They upgraded it last week and as soon as it habbened I couldn't use the old one but still saw some with the old map set put in up until sunday
U.S. Companies Add More Jobs Than Forecast, ADP Data Show
U.S. companies added more workers than forecast in February, suggesting the jobs market was in good shape just as the coronavirus began rippling through the economy.
Businesses’ payrolls increased by 183,000 after a downwardly revised 209,000 gain a month earlier, according to ADP Research Institute data released Wednesday. The median estimate in a Bloomberg survey of economists called for a 170,000 gain. The biggest two-month gain in private payrolls in almost two years offers a snapshot of a robust labor market before coronavirus fears slammed headlong into financial markets and tested business confidence. To guard against further erosion in sentiment and ensure the record-long expansion remains intact, the Federal Reserve cut rates half a percentage point on Tuesday.
-While the report offers an optimistic picture of the labor market in February, that strength may ebb in the coming months as Americans curb travel and some social activities due to the coronavirus.
-The Labor Department’s employment report due Friday is forecast to show private payrolls increased by 160,000 in February. The unemployment rate is forecast to hold near a half-century low as wages continue steady gains. The ADP report differs in methodology and doesn’t directly correlate with the government’s monthly employment report.
-Goods-producing jobs added just 11,000 jobs as an increase in construction payrolls offset declines in manufacturing and mining.
-Service-provider employment climbed 172,000.
https://www.bloomberg.com//news/articles/2020-03-04/u-s-companies-add-more-jobs-than-forecast-adp-data-show
treasury bonds know he has no chance.
best time of my life, wouldn't trade it for anything