Previous SMW:
SMW for 13 July 2022




AT THE CLOSING BELL ON 13 July 2022



Dow Jones 30,772.79 -208.54 (0.67%)
S&P 500 3,801.78 -17.02 (0.45%)
Nasdaq 11,247.58 -17.15 (0.15%)

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

Quote of the day:

Can capitalism survive? No. I do not think it can. But this opinion of mine, like that of every other economist who has pronounced upon the subject, is in itself completely uninteresting. What counts in any attempt at social prognosis is not the Yes or No that sums up the facts and arguments which lead up to it but those facts and arguments themselves.

from Schumpeter, Joseph A.. Capitalism, Socialism and Democracy, 1943. (Routledge Classics) .