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 Jan 20 2022
The NASD 100 has been o fire the last few years. it peaked in mid November. It needs a weekly close over 15,545 by tomorrow or its weekly trend turns down.
Today started positive an it looked possible, by the end of the day, not so much
30 minute
the day range is huge 515 points
15347-4832
Hard to see it coming back to 15,545 tomorrow
if that is the case
evidence continues to mount the BEAR MARKET is ON
NASD drops below 200 day MA
1973-74 looks like it is returning
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