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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Friday After Market Close Sept 30 2022
As noted in my column everyone owns Apple. It is included in many ETFs and Indexes.The big picture is that Apple topped along with the DJIA in very early Janary 2022 at 180. Wave one took it down to 130 in June. Wave Two peaked in August at 175, below the January peak. Now a Wave three has begun.
Wave Three down will be much larger than Wave One.Here is a close up. Wave One down was 50 points. Wave three will be much more than that.
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