Dismal's Smacks

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Fed's Chris Waller on advantage of Tokenization: "Atomic settlement is useful because it can mitigate settlement and counterparty credit risks: it ensures that the buyer will not pay if the seller does not deliver"

Fed's Chris Waller on advantage of Tokenization: "Atomic settlement is useful because it can mitigate settlement and counterparty credit risks: it ensures that the buyer will not pay if the seller does not deliver; and conversely, that the seller will not deliver if the buyer does not

Inflation Alert! NY Fed president John C. Williams in speech: "With inflation expectations well anchored, I expect inflation to decline to around 3%-3.25% this year, before moving to our longer-run goal over the next two years."

"Unemployment gradually rising to about 4%-4.5% over the next year" Source: https://www.newyorkfed.org/newsevents/speeches/2023/wil230419 Highlights: * "Inflation is far too high, and high inflation is hardest on those who can least afford essentials like food, shelter, and transportation." * "The

Do you like data? Do you like data on Short Volume? CBOE has proposed a NEW end-of-month REPORT OPEN FOR COMMENT to be included in the US Equity Short Volume & Trades Report that provides a record of all short sale transactions for the month.

From the Fed's Beige Book: "Outlooks were largely negative, and contacts voiced concern about weakening demand, a potential recession, and the spillover effects of the recent bank failures on the broader economy."

"Many expressed concerns about the potential for a recession in the coming year." Summary of Commentary on Current Economic Conditions by Federal Reserve District Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic

Sen. Rick Scott: "The Federal Reserve has become a monster." "It’s clear that we need answers and accountability that cannot be provided by the current system." "We can’t wait any longer for big change at the Fed."

"If we do nothing, we risk repeating 2008." Source: https://www.marketwatch.com/story/sen-rick-scott-the-fed-isnt-owning-up-to-its-failures-we-need-to-make-it-accountable-19d3697c The Federal Reserve has become a monster. The Fed is the world’s largest and most powerful central bank. It spent years buying up trillions in government bonds, mortgage securities, and other financial

From January 2011 through December 2022, Barclays Capital failed to report, or inaccurately reported, over-the-counter options positions to the LOPR in approximately 4.3 million instances in violation.

Punishment? A censure and $2.5 million fine without admitting or denying the findings. Source: https://www.finra.org/sites/default/files/fda_documents/2019061076001%20Barclays%20Capital%2C%20Inc.%20CRD%2019714%20AWC%20gg.pdf BACKGROUND * Barclays Capital became a FINRA member in October 1987. * The firm is headquartered in New

FDIC Alert! Yesterday, a CLOSED meeting of the Board as it was determined that the public interest did not require opening the meeting. Matters related to the FDIC’s supervision, corporate, and resolution activities considered.

TIME AND DATE: 10:27 a.m. on Tuesday, April 18, 2023. https://public-inspection.federalregister.gov/2023-08502.pdf TLDRS: * Yesterday, a CLOSED meeting of the Board as it was determined that the public interest did not require opening the meeting. * Matters related to the FDIC’s supervision, corporate, and resolution