The Great Depression

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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Thursday Sept 30 2021

I posted my weekly newspaper column here this morning. I just received this in my e mail from a major 'advisory firm'

By: Kevin Matras
September 29, 2019

Kevin has had a great run so far, but these things do not last forever.

Kevin goes on to say all the averages made knew highs, not they did not,Transports were first followed by Industrials then Utilities and finally

NASD and NDX. the market ended ten points above the low of the day, /see Tuesday Sept 28. Transports have fallen near 1,000 points since mid August.

Interest rates are rising and the more of the package the Dems pass the faster rates will rise

I am out Friday and Sat morn addressing and attending the Texas Inst Mgt Accountants statewide meeting here in San Antonio..

Class Sat afternoon and then a webex with a student, next update Sunday.

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