Dismal's Smacks

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Fed looks 'dead set' on tightening financial conditions until the economy slows, warns BlackRock

Housing Alert! According to the National Association of Realtors Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time.

Source Highlights * Note that fewer homes are being sold but at higher prices: As you can see in the graph, sales of homes below $500k just really aren't happening! On the surface, this makes sense. 1st time buyers are getting squeezed out of the market due to rising

Former U.S. Treasury Secretary Larry Summers says there needs to be a surge in unemployment to curb inflation. Summers said in a speech on Monday there needs to be a lasting period of an unemployment rise to contain inflation.

Source Source 2 Former U.S. Treasury Secretary Larry Summers says there needs to be a surge in unemployment to curb inflation, which Federal Reserve policymakers say doesn’t need to happen for price growth to cool off. According to Bloomberg News, Summers said in a speech on Monday from

Indiana Jones and the Raiders of the Synthetic Shares! As of April 30, 2022 – Retail investors have Direct Registered over $1,903,095,000 worth of GameStop stock. I think it’s time to ask yourself; what do you believe in?

SEC Alert! Brokerage firm sold $13.3 million worth of high-risk bonds to retirees and other retail investors. Maybe they should make a meme video for educating these firms

Brokerage firm sold $13.3 million worth of high-risk bonds to retirees and other retail investors. Maybe they should make a meme video for educating these firms, they clearly do not know the rules they are supposed to be operating by and are harming retirees and retail. Reddit Post