Previous SMW:
SMW for 1 May 2024



AT THE CLOSING BELL ON 1 May 2024


Dow Jones 37,903.29 +87.37 (0.23%)
S&P 500 5,018.39 -17.30 (0.34%)
Nasdaq 15,605.48 -52.34 (0.33%)

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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 "vicious circle" in the nuclear sense – the unending quest for "security" and "stable deterrence" – can be "broken" only in one of two ways: by setting the weapons off, or else by getting rid of all or most of them. And insofar as a genocidal system moves strongly toward weapons use – or perceives its adversary to be doing so – there is a powerful temptation to set off one's weapons quickly so that the command-and-control structure of the enemy, rather than one's own, can be destroyed.

Robert Jay Lifton and Eric Markusen. The Genocidal Mentality: Nazi Holocaust and Nuclear Threat. Basic Books. © 1990.