SEC ALERT! SEC Announces Appointment of Cristina Martin Firvida as Investor Advocate source: https://www.sec.gov/news/press-release/2023-5 Reddit Post
Federal Reserve Alert! November consumer credit increased at a seasonally adjusted annual rate of 7.1 percent. Revolving credit (for example credit cards) increased at an annual rate of 16.9 percent nonrevolving credit (for example student loans) increased at an annual rate of 3.9 percent. Source: https://www.federalreserve.gov/releases/g19/current/default.htm Reddit Post
Inflation Alert! The New York Fed released the December 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline in the short term and were unchanged over the medium term. Source: https://www.newyorkfed.org/newsevents/news/research/2023/20230109 Wut mean? Median one-year-ahead inflation expectations declined to 5.0 percent Medium-term expectations remained at 3.0 percent Five-year-ahead measure increased to 2.4 percent Reminder, these are all above the Fed's target rate of 2% inflation... The
U.S. Economic Calendar Alert! Week 2 (January 9th - January 13th): This Week's Major U.S. Economic Reports, Fed Speakers, and Statements. Good morning and happy Monday r/superstonk, I hope everyone had a wonderful weekend! If you would like to get caught up on last week's calendar, it can be found here. Please check back as this post will be updated as these indicators are released. Thanks and I
SEC Alert! Special Filing with Federal Register: SEC submits notice of closed door meeting via Sunshine Act for 1/9/2023 at 2:30pm and 1/12/2023 at 2:00pm. Reddit Post
Inflation Alert! Federal Reserve Governor Lisa Cook in speech: 'Inflation remains far too high, despite some encouraging signs lately, and is therefore of great concern.' 'inflation could become a nonstationary time-series process if inflation expectations were to become de-anchored.' Source: https://www.federalreserve.gov/newsevents/speech/cook20230106a.htm I am particularly pleased to be here today for multiple reasons. I think most of us feel some nostalgic pull to these meetings, though I
SEC Alert! SEC Charges Former BlackRock Portfolio Manager with Undisclosed Conflict of Interest source: https://www.sec.gov/news/press-release/2023-3 Reddit Post