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What are they saying? Market Movers Speak Out: Revisiting 15 Intriguing Quotes from May's Headlines - Superstonk Edition.

Good afternoon and happy Friday Superstonk! I hope everyone is enjoying a terrific Friday and start to the weekend. On the heels of this comment in another post: I think it is a great idea to put together a cross section of all the quotes that lend insight to what

Covered first on Superstonk, the SEC's 19th CLOSED door meeting this year via the Sunshine Act is 2:00 p.m. on Thursday, May 4, 2023. Resolution of litigation claims and Other matters relating to examinations and ENFORCEMENT proceedings to be considered.

Are the enforcement proceedings for Virtu?!? https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-01-2023/card/virtu-stock-falls-after-disclosure-of-potential-sec-enforcement-action-w8oxzdAvCUYsPpvvpSDn https://public-inspection.federalregister.gov/2023-09266.pdf CLOSED door meetings 2023: Meeting NumberDate195/4184/27174/20164/13154/6143/30133/23123/16113/9103/292/2382/1672/962/251/2641/1931/1221/911/5 Seems to be a weekly

Since 2007, the SEC has filed 1,430 meetings via the Sunshine Act. 928 meetings (65%) CLOSED to the public. 737 (52%) meetings were CLOSED to the public & considered ENFORCEMENT matters.

In this period, 8% of meetings CLOSED to the public & considered ENFORCEMENT matters have occurred since 2021. CLOSED door meetings 2023: Meeting NumberDate174/20164/13154/6143/30133/23123/16113/9103/292/2382/1672/962/251/2641/1931/1221/911/5 The next CLOSED meeting is 4/20... https://www.

Fed Staff Staff Economic Outlook 3/21/23: "Given their assessment of the potential economic effects of the recent banking-sector developments, the staff's projection at the time of the March meeting included a mild recession starting later this year"

Good evening Superstonk, jellyfish back with you! The FOMC minutes dropped a doozie of a quote today. In light of that, I thought it would be interesting to review what folks have been saying and doing since this meeting occurred last month. Let's get to it! 3/21/

New York Fed President John Williams: "I personally don’t think it was the case that the pace of rate increases was really behind the issues at the two banks back in March". Counterargument that it is the Fed's fault detailed inside.

Sources: https://thebrunswicknews.com/news/business/fed-s-williams-dismisses-link-between-rapid-rate-hikes-and-bank-stress/article_f8fb3bf7-7ed0-5eaf-89ba-d78a14c3acd5.html https://money.usnews.com/investing/news/articles/2023-04-10/feds-williams-doubts-monetary-policy-spiked-banking-sector-stress https://www.bloomberg.com/news/articles/2023-04-10/williams-dismisses-link-between-rapid-fed-hikes-and-bank-stress New York Fed President John Williams. He is also vice-chairman of the rate-sett

Treasury Alert! Janet Yellen's remarks ring alarm🔔: Unmasking the Powder Keg of Money Markets & Hedge Funds 💣 - A Tangled Web of Risk, Leverage, and Regulatory Blind Spots. Dive in to learn more!

Remarks by Secretary of the Treasury Janet L. Yellen at the National Association for Business Economics 39th Annual Economic Policy Conference Source: https://home.treasury.gov/news/press-releases/jy1376 (well worth a full read). Before reviewing Yellen's remarks, some level setting: * Macroprudential policy aims to bolster the resilience

Inflation Alert! Revisiting data that made JPow say: There is significant uncertainty around that level of interest rates.

Revisiting data that made JPow say: "There is significant uncertainty around that level of interest rates. Even so, we still have some ways to go, and incoming data since our last meeting suggest that the ultimate level of interest rates will be higher than previously expected." Before diving