Previous SMW:
SMW for 12 December 2022




AT THE CLOSING BELL ON 12 December 2022


Dow Jones 34,005.04 +528.58 (1.58%)
S&P 500 3,990.56 +56.18 (1.43%)
Nasdaq 11,143.74 +139.12 (1.26%)

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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:

Whether we can get out of this crisis in a different way depends very much upon the balance of class forces. It depends upon the degree to which the mass of the population rises up and says, ‘Enough is enough, let’s change this system.’ The average Joe and Jean (even if he or she is a plumber) has good reason to say that. In the United States, for example, household incomes since the 1970s have generally stagnated in the midst of an immense accumulation of wealth by capitalist class interests. For the first time in US history, working people have failed to share in any of the gains from rising productivity. We have experienced thirty years of wage repression.

David Harvey. The Enigma of Capital. Oxford University Press. (c) 2010.