Previous SMW:
SMW for 25 August 2022




AT THE CLOSING BELL ON 25 August 2022


Dow Jones 33,291.78 +322.55 (0.98%)
S&P 500 4,199.12 +58.35 (1.41%)
Nasdaq 12,639.27 +207.74 (1.67%)

Market Conditions During Trading Hours:

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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 for the Day:

The fundamental social transformation, of which even industrialization was a correlate and not a cause, was the triumph of the Market economy. In the Old Order production had been governed by natural factors—human needs for food and shelter, and the limits of the labor and resources available. Only the occasional surplus would be sold or bartered. But in the Market economy the laws of commercial exchange would dictate the employment of human labor and resources.

Barbara Ehrenreich; Deirdre English. For Her Own Good: 150 Years of the Experts' Advice to Women. Doubleday. (c) 1978, 2005.