STOCK MARKET WATCH -- Thursday, 18 August 2022

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 18 August 2022

Previous SMW:
SMW for 17 August 2022




AT THE CLOSING BELL ON 17 August 2022



Dow Jones 33,980.32 -171.69 (0.50%)
S&P 500 4,274.04 -31.16 (0.72%)
Nasdaq 12,938.12 -164.43 (1.25%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:













Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

By the end of the 1980s, there was widespread consensus that the past two decades had seen an erosion of civic commitment and social responsibility in America. It had been an "age of excess," people agreed, a time of acquisitiveness, self-gratification, and individual irresponsibility. Selfishness had run rampant – Wall Street financiers had defrauded small investors, high-flying developers had plundered the Department of Housing and Urban Development, middle-class parents had been too busy with careers to help their children with their homework, and urban teens had committed murder to get a pair of jogging shoes.

Stephanie Coontz. The Way We Never Were: American Families and the Nostalgia Trap. Basic Books © 1992.

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[DemReadingDU]

1. The quote from 1992?

Seems a whole lot worse now, especially with young kids having cell phones

[Tansy_Gold]

2. The more things change . . .

. . . the more they don't.

I think the point really is that it doesn't matter. The change has occurred and regardless what it is, we have to live with it and deal with it; there's no going back. So whether it's young kids with cell phones or devices that can store whole libraries in the palm of your hand or legislators who line their own pockets via the legislation they pass, we still have to look forward. Change the future, because you can't change the past.

Or anyway, that's what I took from it when I read it!