Dismal's Smacks

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dismal-jellyfish

In May, consumer credit increased at a seasonally adjusted annual rate of 10 percent. Revolving credit increased at an annual rate of 11.4 percent, while nonrevolving credit increased at an annual rate of 9.5 percent.

Source: https://www.federalreserve.gov/releases/g19/current/default.htm Reddit Post

TL:DR - Power to the players is real and Apes/Gamers are the wildcards in GameStop turning the NFT Marketplace and metaverse into a money printing press.

Before I get to the hype I have prepared for r/Superstonk, I want to take a moment to share my personal hype. This community ROCKS! I know this is nothing new to anyone who has been here more than 5 minutes, but the shift and tone I have seen

New York Fed Announces the Start of Secondary Market Corporate Credit Facility Corporate Bond Sales on July 12

Source: https://www.newyorkfed.org/newsevents/news/markets/2021/20210708 Reddit Post

The European Bank for Reconstruction and Development (EBRD) has appointed Dina Matta as its first Vice President, Chief Transformation Officer.

REMINDER - Today 7/7 The Asset Management Advisory Committee (AMAC) will meet. This meeting will include a discussion of matters in the asset management industry relating to the ESG, Diversity & Inclusion, and the Evolution of Advice Subcommittee--includi

The meeting will be held by remote means and is open to the public. The meeting will be webcast live on SEC.gov and archived on the website for later viewing. Members of the public who wish to provide their views on the matters to be considered by the AMAC

INFLATION ALERT! By request of u/An-Onymous-Name and several others, a single list with the dive into the banking information that ended up scattered in the comments. NOW WITH MORE MEMES!!!

As the title says, I want to consolidate the recent banking information into one post. First, the conclusion: While the rest of the world's banks are acting, The Fed still claims this inflation is “transitory.” Hell or high water, they seem intent on trying to follow the playbook

FICC - GOV Membership Update: NatWest wut u doin? Additional Account Retirement: NATWEST MARKETS SECURITIES INC/FIXED INCOME