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SMW for 16 May 2024



AT THE CLOSING BELL ON 16 May 2024


Dow Jones 39,869.38 -38.62 (0.097%)
S&P 500 5,297.10 -11.05 (0.21%)
Nasdaq 16,698.32 -44.07 (0.26%)

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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:

The 1984 Washington Post piece is the first mention of Trump’s desire to build an alliance with Russia, a goal that would structure his next thirty years. While the author appears to regard this scenario as an amusing fantasy, it has now become a dangerous reality, and the piece prompts questions about how Trump’s interests were propelled in this direction. The answer lies in Roy Cohn, one of the most notorious figures in US political history: a vicious Republican operative who had worked as an adviser to Joseph McCarthy, Richard Nixon, and New York crime families while insinuating himself into and manipulating national media. Before becoming Trump's mentor, Cohn was best known for prompting lawyer Joseph Welch to utter the famous phrase "Have you no sense of decency, sir?" to McCarthy in response to Cohn's ceaseless slander.

Sarah Kendzior. Hiding in Plain Sight: The Invention of Donald Trump and the Erosion of America. Flatiron Books. © 2020.