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📈 Macroeconomics

BIM AFOLAMI SURROUNDED BY VARIOUS HEADLINES ABOUT LOBBYING AND ONGOING INVESTIGATIONS.

⚠️ ❗️ UK Economic Secretary Bim Afolami's RRG & Pension Insurance Corp. are teaming up to petition for "significant power" over independent UK regulators - looks like they want control over the financial markets.

It looks like the UK Government and the Pensions could be in trouble, and the Economic Secretary to the UK Treasury: Bim Afolami is at risk of using his position as Economic Secretary to get more momentum behind the proposals as being put forward by a Regulatory Reform Group (that

HEADER - THE GOVERNMENT SHOULD INVOLVE STAKEHOLDERS IN DISCUSSIONS IN WHICH AFFECT THEM

UK's pursuit of market control intensifies & 🚨UK Economic Secretary Bim Afolami (currently under investigation over payments for chairing a pressure group that lobbied UK PM Rishi Sunak) responds to our letter.

And here we go, ready to deep dive into Part 2. Big shout out to u/Nisja who reached out to their MP to source this response - you're a legend 🙏 Heroic investors across the UK have been reaching out to their local representatives to ask how shareholders

Britain is bankrupt, MPs aren't keeping pace with advocacy efforts and we're still battling for shareholder rights! Check out what's got the UK's knickers in a financial twist 🇬🇧

Howdy all, and so begins the new year! Let's recap with where we left off in 2023 as we look ahead to 2024 together - ever in the quiet confidence that MOASS will one day be tomorrow. UK shareholders 🇬🇧 🦍 have been reaching out to both the HM Treasury

Money Market Fund Repo and the ON RRP Facility

FEDS Notes: Money Market Fund Repo and the ON RRP Facility. Between 2021 and 2022, MMFs moved $2 trillion into the Fed's ON RRP, reducing their lending in the private repo market by nearly $500 billion.

Source: Hempel, Samuel J., Calvin Isley, R. Jay Kahn, and Patrick E. McCabe (2023). "Money Market Fund Repo and the ON RRP Facility," FEDS Notes. Washington: Board of Governors of the Federal Reserve System, December 15, 2023, https://doi.org/10.17016/2380-7172.3412. Between January 2021 and

Summary of Commentary on Current Economic Conditions

Fed Beige Book: "some banks noted a slight uptick in consumer delinquencies." "The economic outlook for the next six to twelve months diminished over the reporting period."

Overall Economic Activity: On balance, economic activity slowed since the previous report, with four Districts reporting modest growth, two indicating conditions were flat to slightly down, and six noting slight declines in activity. Retail sales, including autos, remained mixed; sales of discretionary items and durable goods, like furniture and appliances,

FDIC-Insured Institutions Q3 2023: Unrealized losses on securities totaled $683.9 billion in the third quarter, up $125.5 billion (22.5 percent) from the Q2 2023. Unrealized losses on held-to-maturity securities totaled $390.5 billion

FDIC-Insured Institutions Q3 2023: Unrealized losses on securities totaled $683.9 billion in the third quarter, up $125.5 billion (22.5 percent) from the Q2 2023. Unrealized losses on held-to-maturity securities totaled $390.5 billion

Highlights: * Net Income Decreased From the Prior Quarter, Driven By Lower Noninterest Income and Higher Realized Losses on Securities * The Net Interest Margin Increased From the Prior Quarter to 3.30 Percent * Unrealized Losses on Securities Increased From the Prior Quarter * Community Banks Reported Lower Net Income From the Prior

M1 lowest since 2021

Seasonally adjusted M1 (-$90.5B) (-.5%), M2 (-$29.5B) (-.1%), and currency in circulation (-$2800M) (-.1%) all dropped in October.

1. M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of