tyb
GRZLY39 USMC C-560 departed Waukegan, IL after ground stop-prior stop at Wichita, KS Eisenhower Airpor (GRZLY50 also has had several stops at this Airport in the last 2 weeks on a Miramar to JBA and back route). This AC came from Elmendorf AB, AK with ground stops on Kodiak Island and Seattle-Boeing Field prior to Carlsbad arrival yesterday
DDFI5899 USMC C-560 sw from Norfolk, VA Int'l after a ground stop and heading back to New Orleans NASJRB
PAT44 USAF G5 sw from Elemnendorf AB, Anchorage
What to expect as banks report earnings: more loan pain but plenty of fee income
The largest U.S. banks will announce their second-quarter results next week. Investors should expect another big hit to earnings as banks set aside more money to cover expected loan losses. On the other hand, the big banks are also continuing to see a boost to fee income from elevated investment-banking and trading activity, even as the coronavirus crisis continues.
JPMorgan Chase & Co. JPM, +5.46%, Citigroup Inc. C, +6.47% and Wells Fargo & Co. WFC, +5.94% are all scheduled to report their second-quarter results on Tuesday. Goldman Sachs Group Inc. GS, +4.43% is expected to report on July 15, followed by Bank of America Corp. BAC, +5.49% and Morgan Stanley MS, +4.82% on July 16, to round out the “big six” U.S. banks. All earnings announcement will be made before the market open. At the end of the first quarter, the banks quickly boosted reserves, even though only a few weeks had passed since the World Health Organization had declared COVID-19 a pandemic on March 11. At the end of the second quarter, banks were still early in the nonperforming loan cycle. Not only have some businesses been able to avoid loan defaults by participating in the Payment Protection Program, but the CARES Act, with its extra $600 a week in unemployment benefits (set to expire July 31), has pushed back mortgage loan and credit-card defaults, while helping rents continue to flow to landlords. Banks’ loan forbearances and payment deferments have also stretched the credit cycle. The Federal Reserve’s quick action to lower the federal-funds rate target to a range of zero to 0.25% on March 15, along with the central bank’s aggressive bond purchases, have led to such a decline in interest rates that companies are scrambling to lock in those low rates by issuing bonds. People are refinancing their homes for the same reason. All of this action, along with the remarkable recovery for the U.S. stock market from its late-March lows, boosts banks’ fee revenue. The banks fared pretty well in this year’s regulatory stress tests, which the Federal Reserve augmented to reflect the severity of the coronavirus recession. Among the six big banks, only Wells Fargo said it was likely to cut its dividend. But there is still uncertainty because the banks will need to submit new capital plans to the Fed, and their dividends cannot exceed the rolling average net income for four quarters.
https://www.marketwatch.com/story/what-to-expect-as-banks-report-earnings-more-loan-pain-but-plenty-of-fee-income-2020-07-09
and if you believe anything that comes out of the FRB and the stress tests I'm sorry
no, those are your posts
http://castlegatefulfillment.com/
https://investor.wayfair.com/governance/management/default.aspx#Thomas-Netzer