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The Fed warns of social media ‘echo chambers’ that pump up meme stocks. A Federal Reserve report found the financial system showed broad signs of resilience, but it suggested so-called meme ...
But Fed Governor Lael Brainard said Archegos and the “meme stock” episodes illustrate the possibility that a nonbank financial institution could “generate large losses in the financial ...
XRP's Parabolic Uptrend, Congressman Buys Meme Coins, Fed Chair Powell Likens Bitcoin To Gold And More: This Week In Crypto. Story by Benzinga Neuro • 16h.
The answer to both episodes, the Fed and Ms. Brainard seemed to suggest, starts with better data. “The Archegos event illustrates the limited visibility into hedge fund exposures and serves as a ...
The IPO market is starting to thaw as investors anticipate Fed rate cuts in 2024. Reddit, the social media platform that spawned the meme stock craze , is reportedly planning to go public in March.
The Fed Meme stocks and Archegos episodes highlight need for greater hedge fund transparency, Fed financial stability report says. Published: May 6, 2021 at 4:02 p.m. ET. Share. Resize.
The bond market is in charge and reacting like a meme stock, an equity strategist told Bloomberg TV. The comment came as US Treasury yields have seen big swings in recent weeks. "The Fed has ...
This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. It's jobs day! The U.S. employment report for September is out at 8:30 a.m. ET. Today's ...
Retail investors, social media and meme stocks have not broadly affected the financial stability of the country; however, the evolution of these phenomena call for continued monitoring, the Fed ...
The Federal Reserve warned of several new risks to the U.S. financial system—including market volatility caused by meme stocks and a potential spillover from China’s real estate troubles—in ...