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Federal Reserve Alert! 'Primary Credit' (the principal safety valve for ensuring adequate liquidity in the banking system) jumped to $7.669B for the week of October 12th, a change of 2.10% from last week and 1.87K% from 1 year ago--an average growth rate

Good Thursday r/superstonk! Neighborhood jellyfish here and I would like to discuss, 'Primary Credit'--the principal safety valve for ensuring adequate liquidity in the banking system that has banks borrowing cash from the Fed at 3.25% to the tune of $7.669 billion this week a
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

SEC Alert! New Jersey Real Estate Development Firm and Four Executives Charged With $600 Million Ponzi-like Fraud.

Source: https://www.sec.gov/news/press-release/2022-188 The Securities and Exchange Commission today charged New Jersey-based National Realty Investment Advisors LLC (NRIA) and four of its former executives with running a Ponzi-like scheme that raised approximately $600 million from about 2,000 investors. The SECโ€™s complaint alleges that
dismal-jellyfish ๐Ÿ“ฐ News

SEC Alert! Securities and Exchange Commission Chair Gary Gensler is expected to propose major changes to the rules governing the stock market.

Source: https://www.politico.com/news/2022/10/12/wall-street-gary-gensler-sec-00061245 Reddit Post SEC Adopts Rule Amendments to Modernize How Broker-Dealers Preserve Electronic Records and Enhance the Electronic Recordkeeping Requirements for Security-Based Swap Entities The Securities and Exchange Commission today voted to adopt amendments to the electronic recordkeeping, prompt production of
dismal-jellyfish ๐Ÿ“ฐ News

U.S. Bureau of Labor Statistics Alert! The Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in August and 0.4 percen

Source The Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in August and 0.4 percent in July. (See chart below.) On an unadjusted basis, the index for
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics