Previous SMW:
SMW for 17 October 2022




AT THE CLOSING BELL ON 17 October 2022


Dow Jones 30,185.82 +550.99 (1.86%)
S&P 500 3,677.95 +94.88 (2.65%)
Nasdaq 10,675.80 +354.41 (3.43%)

Market Conditions During Trading Hours:

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Gold & Silver:






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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:

I had begun as a foil and go-between, but my extensive knowledge qualified me for a major role. From the beginning, I knew that the vulnerability of the Watergate affair spread broadly across the whole Administration. The lesser aides came to the counsel with confessions; the higher aides commenced to behave in a stealthy manner. I simply assumed, both from the facts I knew and from my knowledge of procedures in the White House, that the vulnerability went right into the President’s office. Since I was still on the fringes of the inner circle, I did not know precisely how the President was reacting, but I worked from the premise that he needed protection.

John W. Dean. Blind Ambition: The White House Years. Simon and Schuster. (c) 1976.