funds

-$167.2 billion! From March 2023 to April 2023, M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) DECREASED by $167.2 billion.

by Dismal-Jellyfish Money Stock Measures – H.6 Release https://www.federalreserve.gov/releases/h6/current/default.htm 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, …

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SEC Chair Gary Gensler: “Many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied. This might create greater risk in times of stress”

by Dismal-Jellyfish The Next “Century of Progress”: Remarks before the International Swaps and Derivatives Association Annual Meeting https://www.sec.gov/news/speech/gensler-remarks-isda-051023 Highlights: “Broadly speaking, our proposal would require clearinghouses to ensure that their members bring in all of their repo transactions, both sides …

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Study: Hedge funds making billions from Ukraine turmoil… Experts blame the organizations for exacerbating the food crisis by “betting on hunger”

Ten of the planet’s largest hedge funds made nearly $2 billion from the food-price spike that occurred after the start of Russia’s military offensive in Ukraine, The Guardian has reported. The British newspaper cited a report by Greenpeace’s investigative journalism …

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YouShouldKnow: If your company offers an HSA plan (US) and it runs out of funds before hitting your deductible, it is beneficial for you to deposit more money into the fund for eligible expenses before paying for them by other means.

by Revenge_of_the_Khaki Why YSK: Many people like to just use up their employer matched funds or budgeted deposits in their HSA accounts and then switch to a normal credit card when the funds run out, however putting more money into …

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Private equity uses govt pension funds to buy private firms, restructure them and lay private sector workers off. Govt. pensions are built on cutting private sector workers

As public officials across America prepare to funnel even more of government workers’ savings to private equity moguls, an alarm just sounded for anyone bothering to listen. It is a warning that Wall Street executives, busy skimming fees off retirement …

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Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying (Consumers In Bad Shape With Personal Savings Down 53.5% YoY And Real Weekly Earnings Negative For 21 Straight Weeks, GOLD Soaring!)

by confoundedinterest17 Despite polticians like President Biden cheerleading his great economic accomplishments and Treasury Secretary Janet Yellen dipping into Social Security to fund the Federal government (much like Biden’s dipping into the Strategic Petroleum Reserve), there are serious problems facing …

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The Fed has increased the Fed funds rate quite a bit but they’ve only shrank their balance sheet by 5% and things are already breaking

by BoatSurfer600 Source: https://markets.businessinsider.com/news/stocks/recession-warning-economic-outlook-inverted-yield-curve-fed-rate-hike-2023-1 Morgan Stanley Warns US equities could slump another 22% from current levels — Goldman’s Kostin also sees 2023 earnings estimates as too high (Bloomberg)

Pension funds call for longer bailout as Bank of England is set to pull the plug on emergency £65 billion bond-buying scheme to tackle market chaos

by Boo_Randy How many of these pension funds are already insolvent? https://www.dailymail.co.uk/news/article-11313705/Pension-funds-call-longer-bailout-Bank-England-set-pull-plug-emergency-bond-buying.html Pension funds are bracing themselves for the Bank of England to pull the plug today on a £65billion bailout designed to protect them from bond market chaos. The Bank stepped …

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The World’s Most Liquid Instruments Are Becoming Illiquid And Pension Funds Get Margin Calls. From Record QE To Record QT, No Wonder The World Is About To Blow Up

by silvertomars What a difference a day can make…in Japan 10y bonds don’t trade for days… in the UK maximum spreads on gilts were today increased to 5%…. and now Yellen is concerned about US treasuries… the worlds most liquid …

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LA Treasury announced that Louisiana will divest ALL Treasury funds from BlackRock, totaling $794M to be removed by year’s end

@ConsumersFirst applauds Treasurer Schroder's commendable decision to withdraw the state's assets from BlackRock's misuse. https://t.co/h3qwkpHoMC — Will Hild (@WillHild) October 5, 2022 The seeds of today's energy crisis were planted by BlackRock and others in their reckless abandonment of their …

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Denver allocates $2 MILLION in taxpayer funds to provide homeless people with $12,000 in no-strings-attached cash – as a last-ditch effort to lift them out of destitution, combat soaring crime rates and clean up squalid encampments

by Boo_Randy You can’t attribute this to stupidity – the Democrat-Bolsheviks are intentionally destroying our urban centers. https://www.dailymail.co.uk/news/article-11223033/Denver-set-provide-140-homeless-people-12-000-cash-no-strings-attached.html Denver is set to provide 140 homeless people with $12,000 in no-strings-attached cash in an attempt to help lift them out of …

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