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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Weekend May 21 2023
Above the SPX weighted by eight stocks which compromise 50% of it overall value, so it is headed up. THis makes those just looking at the daily quotes believe the bull is alive and well.
Here each stock has an equal weight so the trend is down not up! Bull markets end with a concentration of investors in a handful of stocks, that is the case now
Apple
PMO is flat not a good sign as Apple continues its climb. When Apple buyers exit the party ends.
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