Office of Financial Research publishes 2022 Annual Report to Congress: ‘Generally, bond market stress measures are comparable to March 2020 and the early days of the 2007-09 financial crisis.’

by Dismal-Jellyfish Source: https://www.financialresearch.gov/press-releases/2023/01/12/ofr-finds-elevated-threats-to-u-s-financial-stability/ The OFR published its 2022 Annual Report to Congress today, which concluded that macroeconomic conditions and geopolitical uncertainties elevated risks across the financial system last year. The report examined these risks to financial stability between October 1, …

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Office of Financial Research Alert! OFR finds Hedge Fund Activities Can Influence the U.S. Treasury Yield Curve.

by Dismal-Jellyfish Source: https://www.financialresearch.gov/the-ofr-blog/2022/12/27/hedge-fund-activities-can-influence-the-us-treasury-yield-curve/ The March 2020 stress on the U.S. Treasury market raised questions about the role of hedge funds in the financial system and whether their activities can increase systemic risk. Using a sample of regulatory hedge fund data …

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Elon Musk has disbanded Twitter’s entire office in Brussels after a row with the EU. EU commissioner Thierry Breton, said “In Europe, the bird will fly by our rules.” Seems not. LOL

Twitter Inc.’s office in Brussels, Belgium was disbanded, the Financial Times reported on Thursday, citing sources familiar with the matter. The notice raised alarms among European Union officials, as they pondered whether the social media platform would adhere to the …

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Voting Democrat wasn’t enough for the dead so now they’re running for office – Dead Democrat elected by landslide in Pennsylvania

Democrats literally elected a dead man. https://t.co/GfJwqbTX2G — Redacted (@GGnazis) November 9, 2022 via theguardian: A longtime Pennsylvania state representative was re-elected in a landslide – even though he died last month. Democrat Anthony “Tony” DeLuca, Pennsylvania’s longest-serving state representative, …

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Office of Inspector General Alert! The Inspector General’s Statement on the SEC’s Management and Performance Challenges, October 2022. For FY 2021 the agency’s information security program did not meet accepted reporting metrics’ definition of “effective”

by Dismal-Jellyfish Source As we begin fiscal year 2023, we again identified the following as areas where the SEC faces management and performance challenges to varying degrees: Meeting Regulatory Oversight Responsibilities Protecting Systems and Data Improving Contract Management Ensuring Effective …

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NYC office buildings are set to see $50 BILLION in value wiped out as nearly 54% of workers in the Big Apple continue to work from home, new research suggests

by Boo_Randy It’s only Yellen Bux, but still…. https://www.dailymail.co.uk/news/article-11276799/NYC-office-buildings-set-50-BILLION-value-wiped-continue-work-home.html The city of New York continues to face devastating financial peril from remote work, as office buildings could potentially lose $50billion due to people doing their jobs from home. A recent …

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Are you better off since he took office? BIDEN: “Since I took office, families are carrying less debt, their average savings are up…more Americans feel financially comfortable…”

JIM TREACHER: What Is Biden Lying About Today? If there’s one thing Joe Biden has learned during his half-century in Washington, it’s that there are no consequences to lying his ass off. It got him where he is today, and he’s …

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