STOCK MARKET WATCH -- Wednesday, 5 October 2022
STOCK MARKET WATCH, Wednesday, 5 October 2022
Previous SMW:
SMW for 4 October 2022
AT THE CLOSING BELL ON 4 October 2022
Dow Jones 30,316.32 +825.43 (2.80%)
S&P 500 3,790.93 +112.50 (3.06%)
Nasdaq 11,176.41 +360.97 (3.34%)
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Currencies:
Gold & Silver:
Petroleum:
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Quote for the Day:
The premise of a representative democracy is that the electorate chooses men and women who will have wide discretion to vote for the bills that these representatives deem good and to vote against bills they deem wicked or wrongheaded.
[Senator Barry] Goldwaters mandate flowed from an election that he won in the state of Arizona, and that electoral victory gave him the constitutional legitimacy, if not necessarily the moral right, to cast a vote against civil rights. The same cannot be said about the justices of the Supreme Court, however. Justices are not elected, and their mandate flows from the Constitutions text and their duty to interpret it in good faith.
Ian Millhiser. Injustices: The Supreme Courts history of comforting the comfortable and afflicting the afflicted. Public Affairs. (c) 2016.
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.
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