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SMW for 16 August 2023



AT THE CLOSING BELL ON 16 August 2023


Dow Jones 34,765.74 -180.65 (0.52%)
S&P 500 4,404.33 -33.53 (0.76%)
Nasdaq 13,474.63 -156.42 (1.15%)

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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:

If we have abdicated our birthright to scientific progress, we have done so by moving the debate into the realm of political and cultural argument, where we all feel more confident, because it is there that the Gut rules. Held to the standards of that context, any scientific theory is turned into mere opinion. This is how there came to be a "debate" over the very existence of global warming, even though the considered view among those who have actually studied the phenomenon renders the debate quite silly.

Charles P. Pierce. Idiot America: How Stupidity Became a Virtue in the Land of the Free. Doubleday. © 2009.