sherpa

Like a lot used to watch ESPN stuff a lot, and never do anymore. One quick story though, regarding PTI personalities. After 9/11, the very first day US airspace was opened for commercial travel, I was coming home to Dulles from LA, after being stuck on the west coast since the event. It was an all nighter, and Mike Wilbon sat next to me. I was in uniform so he asked me a few things and we had a lengthy discussion about the event and the likely results. I remember specifically his comments and views, and I remember thinking that this guy has absolutely no idea how big of a deal this was and what it would cause. His view was akin to thinking that it was kind of like a plane crash.

OK. 35 basis points on a 30 year bond is not normal?

It's a bond, not a bill, as I have mentioned in the past. What is being forwarded, seemingly, as some kind of cause for concern is about a 35 basis point rise in the bond yield. This is normal market stuff, and nothing to be concerned about. That is not to say that gov spending in the US market is not a concern. It definitely is. It has been since the goofy stimulus package that started out as "build back better," and ended as the idiotically named "inflation reduction act." There is no future in guessing that either side is fiscally prudent. I think the Republicans are far better, but we are where we are.

I'm not sure if you're a trader or financially aware, but it was very easy to get yields above 5% during the last administration. I do all the financials stuff for the local vol fire co., and had two CD's above 5.4% "called" after the election. Having a CD called is quite rare. We have our last cd purchased at 5.3% maturing on the 29th. It was purchased well before Jan 20.

No, I'm always interested in the markets.

Once again, your imagination gets control of you.

Another false and foolishly ignorant claim.

That was the reasoning, but it is so unrealistic that when combined with the normal range of a 747, it isn't worth the expense. Not that the scenario has occurred, but they've never tanked with the ores aboard. They have tanked the spare on some trips though.

That is way above my knowledge level. The encrypted communication suite as well as the passive defensive stuff that AF1 requires would be the major issue, and I have no idea re expenses. De-bugging it would be relatively simple, but an additional expense. Either way, they don't need to build in air to air refueling. that's a simple waste we've never used nor needed.

Because the gov probably told Boeing when they wanted them completed, based on the current two 747's used as AF1.

Evidence of the posters complete ignorance. An arresting gear failure, a mishap involving a rapid maneuver while an airplane was under tow, and a shootdown from an auto system which was stupid, but that's what automation does. I doubt that the individual who posted this has any scintilla of knowledge about any of this.

i often wonder if people who post here actually follow markets. Moodys should have done this years ago, and certainly no later that the "Inflation Reduction Act." Treasuries are fine. The bond market is fine.

I don't think there are "hundreds."

Just a side note, because it was mentioned in a link above as an expense, there is no reason to have air to air refueling capability on AF1, and it is extremely expensive. The Boeing project underway does not include it. AF1 has never "tanked" with the president aboard. The spare has, but without the pres.

Do you ever wonder what makes people "disinterested?" This is a perfect example. It's simply stupid, unrelated claims that have never been made. It's a waste of time.

Ya. I'm dim. The market got a bit of a Trump bump after the election. The market did not like the tariff thing, reacted, and has responded to adjustments to that. The bond market has done nothing. TSLA trades at a ridiculous PE. Issues that do that are notoriously volatile. Nothing to glean from that. Either way the thought of a moron being elected with a greater moron as VP would have been a disaster for the market. Certainly would have caused me to go all cash, if not short it. But hey.....I'm dim.

I guess I don't get your point, if you are actually trying to make one. The S&P is down 2% from a historically overvalued point since the election. Anybody who is concerned about that should never trade. The bond market it unchanged. TSLA trades at a 200 PE, which is insane, and you bring that up?

Likely.

I am not interested in you reference enough to read it closely, but my experience, with Naval Officers/Aviators over years and years, is that they were the finest people I ever worked with, and are to this day, which includes scores of reunions with people of honorable accomplishments. If your missive is insulting to those people, it is off target, by magnitudes.

Nope. Never seen it, and not my experience.

And the demonstrated, economic brilliance of Kamala Harris and whomever she chose, would have led us to financial nirvana.

He can do what he wants, but the Secret Service would endure mass resignations if he did. There is massive security when the president moves, including localized cell phone jamming, massive road closures and a host of other things. During his term, the president has no "personal reasons." When he travels in the US, AF1 has a significant bubble around it. It is handled using a discrete frequency away from normal ATC comm, though in the same airspace. I did hear it called by a Northwest Territory Canadian controller on an Obama return from Asia, when I was doing the same, but I don't think that was intentional. Whenever in any foreign airspace, it uses a different call sign, so as not to alert, but always specifically handled away from normal traffic.

For apolitical, edification purposes. Whenever the President flies, it is designated "1." Could be the Marine helicopter, in which case it would be Marine 1. Could be other airplane types that the gov has access to. they occasionally use a 757 for the Pres. It is mostly the 747 because of comm and defense capability, but not always. To answer the question, it isn't always one of the two 747's specifically for this purpose, depending on where they are going and runway situation.

10 year bond closed at 4.57 on January 20. Closed at 4.53 today. I would call that essentially unchanged. S&P 500 is about 70 points off from Jan 20, from about 6000 tp 5916. About 2%. Hardly a "thing."

Yes we did, and it is called the FAA. It was horribly run, but it is going to get fixed. If you are suggesting that the midair at DCA was the result of the new admin who had been in office for nine days, that is idiotic. There were over ten thousand incidents in that airspace in the preceding few years, and nothing was done.