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 March 18 2020
New HIghs
New Lows
These two charts taken together suggest the very worst short term may be passing.
And yes there iis a composite graph.
Summation INdex
Yesterday this stood at the same level as last December. This is an end of day, given the rally today it should not be any worse.
Equal to Dec 2018 but ot to the 2009 panic low.
S & P High Low Percentage
Volatility Index
MACD at bottom suggests the worst may be over at least short term
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