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The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    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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« A Point of Resolution is Coming | Main | Did bonds top Friday? »

April 19, 2021

Lots of Bucks chasing Clean Energy

Monday April 19 2021

See page B9 Streetwise intoday's WSJ.   It details how money poured into ETFs which track the S & P Clean Energy Index. Among the 30 stocks

there many which are thinly traded. The massive inflow of money juiced the prices skyward. Some of the funds grew five times in value over four months.  The values reached 14 B before dropping back to 10 B.  This is not Graham and Dodd investing.

Again this is a sign of mania chasing whatever is perceived to be hot at the moment.

Not much movement in bonds this morning.

Posted at 09:23 AM in Stock Market |

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