Dismal's Smacks

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Apollo Global Management chief economist Torsten Slok: “Since SVB collapsed, the Fed has been adding liquidity, and the S&P 500 is up more than 10%."

"The high correlation between Fed net QE and the S&P 500 seen in the chart below suggests that Fed liquidity is a crucial driver of the stock market,” Reddit Post

Infinity Q engaged in fraudulent scheme inflating by more than $1 billion the value of assets held by mutual fund & hedge fund it advised.

From at least February 2017-February 2021 InfinityQ actively manipulated valuations by editing computer code to report mathematically impossible false valuations https://www.sec.gov/litigation/complaints/2023/comp25750.pdf * SEC-registered investment adviser Infinity Q engaged in a fraudulent scheme that inflated by more than $1 billion the value of assets

$79 billion withdrawn from commercial banks in the last week (5/31-6/7). $955 billion in deposits has been pulled from the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $487 billion in deposits have been pulled.

Is the bank run picking back up speed again? Hello and happy Friday Superstonk, I hope everyone had a great week! Resident Jellyfish back again to review this weeks commercial bank deposit data--deposits appear to be picking up speed again! Oh yeah, deposit outflows are still being 'made up&

Goldman Sachs: Leveraged loan defaults hit $25 billion and are heading for the third-worst year in history. This marks a worse start to the year for leveraged loan defaults then 2008...

Before we get started, Leveraged loans are a high-risk type of floating-rate financing used by companies with substantial debt and often poor credit histories. Such loans have supported leveraged corporate buyouts (LBOs), and their securitization has led to the creation of collateralized loan obligations (CLOs) and exchange-traded funds (ETFs). The

Fed submits Monetary Policy Report to Congress with discussions of "the conduct of monetary policy and economic developments and prospects for the future."

They state, "leverage at hedge funds remains high" & "other core services price inflation remains elevated and has not shown signs of easing." https://www.federalreserve.gov/monetarypolicy/files/20230616_mprfullreport.pdf The Federal Reserve Act requires the Federal Reserve Board to submit written reports to

Atlanta Fed President Raphael Bostic discloses violations of trading rules (AGAIN!!!) before 2022 FOMC meeting. While banks have the liquidity fairy, 'we' get the promise of 2 more rate hikes this year, Raphael Bostic yet again enrichens himself

Good evening Superstonk! Jellyfish back with you about something that grinds my gears: Atlanta Fed President Raphael Bostic discloses violations of trading rules (AGAIN!!!) before 2022 FOMC meeting. While banks have the liquidity fairy, 'we' get the promise of 2 more rate hikes this year, Raphael Bostic yet

SEC Alert! The SEC's 24th CLOSED door meeting this year via the Sunshine Act set for today to consider enforcement proceedings rescheduled yet AGAIN!--was 2 p.m., then 10 a.m., then 9:15 a.m., now 7:30 p.m. Why the need to shift a CLOSED door enforcement

https://public-inspection.federalregister.gov/2023-13171.pdf Previously Scheduled: https://public-inspection.federalregister.gov/2023-12638.pdf https://public-inspection.federalregister.gov/2023-12822.pdf https://public-inspection.federalregister.gov/2023-12996.pdf Hypothesis: Reading between the lines of what they are saying and comparing it to their actions (24 CLOSED door ENFORCEMENT meetings so far this