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  • 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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November 25, 2024

Markets Push to New Highs

11/25/2024

The markets SPX INDU NDX appear to be in a small third wave, the strongest of the five to the upside. Expect that to last all week ave for he holiday. Energy service hold its own amid a two dollar sell off in oil.  Bond prices were over sold and bounced back today. See Andy Kessler's column today in the WSJ. He notes tat stocks are up but bond prices have been down since the FED cut.  I would add this is similar to 1987 when bond prices fell from March to Oct as stock prices rose higher. It all corrected in  a one day selling frenzy, will history repeat?

Posted at 10:26 PM in Bonds, Energy |

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