STOCK MARKET WATCH -- Tuesday, 23 May 2023

[Tansy_Gold]

STOCK MARKET WATCH, Tuesday, 23 May 2023

Previous SMW:
SMW for 22 May 2023




AT THE CLOSING BELL ON 22 May 2023


Dow Jones 33,286.58 -140.05 (0.42%)
S&P 500 4,192.63 +0.65 (0.016%)
Nasdaq 12,720.78 +62.88 (0.50%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:













Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

Unquestionably Goldwater's ideas do retain some shreds and scraps of genuine conservatism, but the main course of his career puts him closer to the right-wing ideologues who were essential to his success, who shaped his tactics, who responded to his line of argument, and whose extremism he chose to defend at the vital moment of his career. Without invoking these formative affiliations, how are we to explain the character of a "conservative" whose whole political life has been spent urging a sharp break with the past, whose great moment as a party leader was marked by a repudiation of our traditional political ways, whose followers were so notable for their destructive and divisive energies, and whose public reputation was marked not with standpattism or excessive caution but with wayward impulse and recklessness?

Richard Hofstadter. The Paranoid Style in American Politics. Vintage Books. © 1964/2008.

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[Warpy]

1. Goldwater, while wrong about many things, tried to warn his party

"Mark my word, if and when these preachers get control of the [Republican] party, and they're sure trying to do so, it's going to be a terrible damn problem. Frankly, these people frighten me. Politics and governing demand compromise. But these Christians believe they are acting in the name of God, so they can't and won't compromise. I know, I've tried to deal with them."

He was solidly pro choice and thought the worst thing for this country would be trying to mesh religion and politics. He was correct.

Runner up quote, " I think every good Christian ought to kick Falwell right in the ass."--Barry Goldwater

No, I'd never have voted for him, he was dead wrong on economic matters He did have some good points.

[Tansy_Gold]

2. He did.

What I found interesting about this quote was how easily -- and perhaps more aptly -- the description applied to our more recent unpleasantness.

And I do very often just find these things at random, taking a book off the shelf and opening it with no plan. That's what happened with this one.

Goldwater, however, wasn't evil, and yes, he did have some good points. He was at least able to admit he was wrong.

https://coyotegulch.blog/2014/02/17/all-that-dam-building-on-the-colorado-across-the-west-was-a-big-mistake-barry-goldwater-coloradoriver/

Goldwater’s public epiphany came about when PBS aired “Cadillac Desert,” a series based on Marc Reisner’s eponymous book. In the third episode, when Goldwater and Reisner were discussing the adjudication of the Colorado River, the silver-haired Goldwater looked out across the sprawling megalopolis of Phoenix and asked, “What have we done to this beautiful desert, our wild rivers? All that dam building on the Colorado, across the West, was a big mistake. What in the world were we thinking?”