Dismal's Smacks

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$285 billion from the liquidity fairy as of 5/24: Reviewing the Bank's sweetheart liquidity programs while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates

$285 billion from the liquidity fairy as of 5/24: Reviewing the Bank's sweetheart liquidity programs while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates to fight an inflation problem the

Hedge funds record biggest outflows of year in April as investors pull $11.57 billion

Source: https://www.marketwatch.com/story/hedge-funds-record-biggest-outflows-of-year-in-april-as-investors-pull-12-billion-9b8aeae0 Investors pulled $11.57 billion out of hedge funds in April, marking the sector’s biggest month of fund outflows of the year, according to Nasdaq eVestment. The exodus was concentrated in equity hedged funds, where $8.94 billion of funds were removed

Inflation Alert! Memorial Day barbecue 'essentials' have JUMPED 28% since last year. Even long weekends getting squeezed by inflation.

Source: https://datasembly.com/grocery-price-index/ Datasembly found that barbecue staples are more expensive than they were last year, with condiment prices leading the charge. The price of a 32-ounce bottle of ketchup has increased 28% since this time last year, going from $4.08 to $5.22, and a 20-ounce

Gary Gensler going hard AF at Money Market Funds today:

"Money market funds and open-end bond funds, by their design, have a potential liquidity mismatch—between investors’ ability to redeem daily on the one hand, and on the other, funds’ securities holdings that may have lower liquidity." Hmm... Reddit Post

Based on Gary's comments, it would seem Short-term Investment Funds and Collective Investment Funds are trying to sacrifice the 'rest of us' to the bear? I wonder if it is 'Cocaine Bear'?

FICC Proposed Rule Change (OPEN for comment): "Currently messages regarding pair-offs are transmitted between buyers and sellers by electronic mail using spreadsheets, which creates some risk that information sharing is incomplete, incorrect, inconsistent

FICC Proposed Rule Change (OPEN for comment): "Currently messages regarding pair-offs are transmitted between buyers and sellers by electronic mail using spreadsheets, which creates some risk that information sharing is incomplete, incorrect, inconsistent and not timely." Has [REDACTED] exhibit. Source: https://www.sec.gov/rules/sro/ficc/2023/

Wow, even the May 2-3, 2023 Minutes of the Federal Open Market Committee (FOMC) AGREE: hedgies r fuk!!!