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
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
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Thursday Sept 29, 2016
The market has run right up to its downtrend line once again.
The blue down trend line has contained the advances thus far. And the market is still an echo of its action in the Fall of 1987.
Stock indexes are neutral to slightly down this morning. A scan of the WSJ this morning indicates a big drop in London condo sales and valuations as well as earnings at Costco.
So we wait for October results. Notice the CCI line has moved above zero again.
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