Dismal's Smacks

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dismal-jellyfish

Liquidity Alert!? Ken Griffin sells Park Tower condo for $11.2 million

Federal Reserve Alert! Federal Reserve releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances.

~25% of respondents reported that their bank expects reserves to decrease as a share of total assets over the next 6 months. Source: https://www.federalreserve.gov/data/sfos/files/senior-financial-officer-survey-202211.pdf Reddit Post

Now we pour the transitory inflation onto the economy, hope it doesn't melt!

Whistleblower Alert! SEC Awards More Than $5 Million to Whistleblower.

source: https://www.sec.gov/news/press-release/2023-8 Reddit Post

Inflation Alert! Inflation in services (where nearly 2/3 of consumer spending goes) jumped +0.6% month-to-month and 7.5% year-over-year to a 40 year high. Inflation is NOT slowing down and data shows it is becoming entrenched in services.

Source: https://www.bls.gov/news.release/cpi.nr0.htm Good afternoon, as the title of the post states, approximately 2/3 of consumer spending goes into services and as we will see below, inflation is still running rampant! Things like housing, healthcare, insurance, education, streaming services (for example HBO

Office of Financial Research publishes 2022 Annual Report to Congress: 'Generally, bond market stress measures are comparable to March 2020 and the early days of the 2007-09 financial crisis.'

Source: https://www.financialresearch.gov/press-releases/2023/01/12/ofr-finds-elevated-threats-to-u-s-financial-stability/ The OFR published its 2022 Annual Report to Congress today, which concluded that macroeconomic conditions and geopolitical uncertainties elevated risks across the financial system last year. The report examined these risks to financial stability between October 1, 2021 – September 30,