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The share of nonfinancial firms in financial distress has reached a level that is higher than during most previous tightening episodes since the 1970s

Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the '70s. * Studies suggest that these conditions could lead to significant declines in investment and

Distressed Firms and the Large Effects of Monetary Policy Tightenings: "the share of nonfinancial firms in financial distress has reached a level that is higher than during most previous tightening episodes since the 1970s"

Distressed Firms and the Large Effects of Monetary Policy Tightenings Ander Perez-Orive and Yannick Timmer Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html * The stance of U.S. monetary policy has tightened significantly starting in March 2022. * At the same time, the share of nonfinancial firms in financial

SEC Alert! Reopening of Comment Period for Position Reporting of Large Security-Based Swap Positions--comments should be received before 8/21/23. Sample comment template inside.

https://public-inspection.federalregister.gov/2023-13447.pdf * Proposed Rule: S7-32-10 * Comments already submitted from industry and others: https://www.sec.gov/comments/s7-32-10/s73210.htm Previous Superstonk posts: * https://www.reddit.com/r/Superstonk/comments/148qy6y/sec_alert_sec_will_hold_a_public_meeting_on/ (Meeting announcement announcing this would be

Liabilities and Capital: Liabilities: Earnings Remittances Due to the U.S. Treasury -71.875 billion as of 6/21/2023.

Let's talk about the Fed's cumulative losses in 9 months that equal almost as much (-71.875 billion vs $76 billion) that they remitted to the U.S. Treasury for ALL of 2022... https://fred.stlouisfed.org/series/RESPPLLOPNWW Remember, the Fed is playing slight of

BTFP a new all time high this week $102.735 billion. Borrowing from the liquidity fairy is spiraling to make up for shrinking M2 and dwindling deposits.

While banks have the liquidity fairy, 'we' get the promise of more rate hikes this year, & Fed officials are improperly enrichening themselves. Good evening Superstonk, I hope everyone has had a great day! Borrowing from the Bank Term Funding Program hit a new all time high this

June 2023 Senior Credit Officer Opinion Survey: "For hedge funds, around 1/4 of dealers, on net, reported nonprice terms tightened somewhat on securities financing transactions & OTC derivatives over the past three months."

Source: https://www.federalreserve.gov/data/files/scoos_202306.pdf Summary The June 2023 Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) collected qualitative information on changes in credit terms and conditions in securities financing and over-the-counter (OTC) derivatives. In addition to the core questions, the survey included

Gary Gensler: " investing in a levered single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin. Further, investing in an inverse single-stock ETF is meant to be similar to shorting a stock."

Source: https://www.sec.gov/news/speech/gensler-prepared-remarks-iac-06222023 Highlights: * The use of predictive data analytics, however, also can lead to potential conflicts. Conflicts may arise to the extent that advisers or brokers are optimizing for their own interests as well as others. * I have asked the staff to make recommendations