Dismal's Smacks

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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

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

Come and see the violence inherent in the system! Help! Help! I'm being suppressed!

SEC Alert! Paul Munter Acting Chief Accountant: 'We have also recently observed shortcomings related to responsibilities over the detection of material misstatements due to fraud that auditors should keep in mind'

SEC Alert! Paul Munter Acting Chief Accountant: 'We have also recently observed shortcomings related to responsibilities over the detection of material misstatements due to fraud that auditors should keep in mind as they perform their vital role for the public trust.' Other comments of note from Munter: The

Federal Reserve Alert! Cleveland Fed President Loretta Mester in speech

Federal Reserve Alert! Cleveland Fed President Loretta Mester in speech: 'Given the current level of inflation, its broad-based nature, and its persistence, I believe monetary policy will need to become more restrictive in order to put inflation on a sustainable downward path to 2 percent.' Source: https://www.

Inflation Alert! 3yr inflation expectations rose to 2.9 percent from 2.8 percent in August

Inflation Alert! 3yr inflation expectations rose to 2.9 percent from 2.8 percent in August, while median five-year-ahead inflation expectations, which have been included in the monthly SCE core survey on an ad-hoc basis since the beginning of this year, increased to 2.2 percent from 2.0 percent.

Inflation Alert! Bank of Korea Pivots Back to Outsized Hike (up half-percentage point to a 10-year high of 3%) as Won Struggles and warned of slower growth to come.

Inflation Alert! Bank of Korea Pivots Back to Outsized Hike (up half-percentage point to a 10-year high of 3%) as Won Struggles and warned of slower growth to come as it sought to shore up a currency that has been driven to crisis-era lows by the Federal Reserve’s aggressive