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Banks unrealized losses on held-to-maturity securities totaled $309.6 billion in the 2nd quarter, while unrealized losses on available-for-sale securities totaled $248.9 billion.

Banks unrealized losses on held-to-maturity securities totaled $309.6 billion in the 2nd quarter, while unrealized losses on available-for-sale securities totaled $248.9 billion.

Source: https://www.fdic.gov/analysis/quarterly-banking-profile/qbp/2023jun/qbp.pdf Post with more information: https://www.reddit.com/r/Superstonk/comments/16ciko6/unrealized_losses_on_securities_totaled_5584/ TLDRS: * Unrealized losses on securities totaled $558.4 billion in the 2nd quarter, up $42.9 billion (8.3%) from the
dismal-jellyfish ๐Ÿ“Š Data
Hedgies R Fuk Alert! July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July.

Hedgies R Fuk Alert! July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July.

TLDRS: * July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July. * June 2023 witnessed the 13th straight month of net outflows in the hedge fund industry, with an estimated net $13.12 billion
dismal-jellyfish ๐Ÿ“ฐ News
Fed's Beige Book August 2023: "Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending."

Fed's Beige Book August 2023: "Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending."

TLDRS: Fed's Beige Book August 2023: "Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending." "Many contacts suggested "the second half of the year will be different" when describing wage growth. * Are
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics
SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers."

SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers."

TLDRS: * SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers." Source: https://www.sec.gov/news/statement/gensler-statement-cat-funding-090623 Today,
dismal-jellyfish ๐Ÿงฑ Market Reform