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uncledad

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Member since: Tue May 13, 2014, 06:50 PM
Number of posts: 6,466

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DOW 25719

Previous close 26486. 52 wk high 27398. 52 wk low 21712. Today's low 25523. High 26259.

NASDAQ : 7726 ▼

S&P : 2844 ▼

Soybeans : 8.50 ▼


DOW -2.9%

NASDAQ -3.4%

S&P -2.9 %

the mechanics of negative interest rates

I explain to mrs_horseman the mechanics of negative interest rates. < that's the original title by the author.

A bond is simply a loan agreement between a borrower and one or more lenders. It has an initial loan amount called the par value, an annual payment amount called the coupon, and a date called maturity, when the loan is to be paid back in full. To keep the math simple, let us use the following for our illustration:

&

For anyone interested in how bonds and negative interest rates work. It's well done (IMHO)

https://www.zerohedge.com/news/2019-08-02/i-explain-mrshorseman-mechanics-negative-interest-rates

Pentagon Tops $2 Trillion in Costs to Field Major Arms Programs

The estimated total price for F-35 research and procurement has risen by $22 billion, according to the report, and the estimate for operating and supporting the fleet of fighters over more than six decades grew by almost $73 billion to $1.196 trillion. The increase reflects for the first time the current cost estimates for a major set of upgrades planned in forthcoming “Block 4” modifications, according to the report. Bloomberg News first reported the projected cost increase in April.

Missile programs accounted for some of the largest increases, particularly because of the boost in quantities that the military services plan on buying. Lockheed Martin’s Joint Air-to-Surface Standoff Missile program costs increased by 113.4%, or $5.3 billion, according to report data. That boost is primarily because the Air Force now plans to buy 7,200 missiles—an increase of 4,335.

The costs of the Navy’s Standard Missile program, under contract with Raytheon Co., increased $2.7 billion, or 31.5%, to $11.5 billion, because of plans to buy 2,331 missiles, a boost of 531 from previously planned numbers.

The Army had scrapped the funding in its fiscal 2020 budget request as part of a plan to save $962 million through 2024 by cutting 28 of 68 previously planned Chinook heavy-lift helicopters. The Chinook proposal is the most controversial part of the Army’s plan to shift as much as $31 billion through 2024—which would be saved from trimming 186 existing programs and lowering troop levels—into new projects intended to position the service for a potential conventional conflict with Russia or China.

https://about.bgov.com/news/pentagon-tops-2-trillion-in-costs-to-field-major-arms-programs/

Business as usual for the MIC.

DOW 26486 for 8-2-19

Previous close 26583. 52 wk high 27398. 52 wk low 21712. Today's low 26249. High 26570.

Last Friday 7-26-19 close 27192.

NASDAQ : 8004 ▼

S&P : 2932 ▼

Soybeans : 8.51 ▲

DOW 26583

Previous close 26864. 52 wk high 27398. 52 wk low 21712. Today's low 26548. High 27175.

NASDAQ : 8111 ▼

S&P : 2953 ▼

Soybeans : 8.48 ▼

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