Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't
-the endless govt programs that fail to stimulate the private sector
-the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out
-Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then
highly recommended
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Robert Scheer: The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
The former Editor of Ramparts takes on both parties and how they sold out to Wall Street that is even now partying and bonusing on their former mistakes.
Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
How Wall Street Backed the Administration and Got What It Paid For
« Stocks Higher, Rally Incredibly Narrow | Main | Stocks Crowd Traditional T Day Rally »
Monday Nov 16 2015
Stocks traditionally rally around three day holidays, and T Day qualifies Thursday Saturday Sunday
I suggested this weekend that stocks could quickly reverse in a fourth wave, that is how I labeled this chart. But a reversal will need to come quickly. Markets typically rally into holiday weekends. I am thinking this will happen spoiling the bears day. The larger sell off will have to wait until well after T Day holidays.
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