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SMW for 29 December 2022




AT THE CLOSING BELL ON 29 December 2022


Dow Jones 33,220.80 +345.09 (1.05%)
S&P 500 3,849.28 +66.06 (1.75%)
Nasdaq 10,478.09 +264.80 (2.59%)

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Quote for the Day:

While the first dusters of 1932 were a mystery to farmers and meteorologists, a man who had spent his life studying cultivation of the earth thought he had some answers. Hugh Hammond Bennett toured the High Plains just as the ground started to blow, and he, too, had never seen anything like the black blizzards. But to Bennett, a flap-armed, big-eared, well-spoken doctor of dirt, the diagnosis seemed obvious. It was not the fault of the weather, although this persistent drought certainly didn't help. The great unraveling seemed to be caused by man, Bennett believed. How could it be that people had farmed the same ground for centuries in other countries and not lost the soil, but Americans had been on the land barely a generation and had stripped it of its life-giving layers?

Timothy Egan. The Worst Hard Time: The Untold Story of Those Who Survived the Great American Dust Bowl. Mariner Books/Houghton Mifflin Company. (c) 2006.