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Economy

Hugin

(34,593 posts) Mon Jun 12, 2023, 10:03 PM Jun 2023

STOCK MARKET WATCH -- Tuesday, 13 June 2023.

STOCK MARKET WATCH, Tuesday, 13 June 2023.

NOTE: I will be filling in for Tansy due to the fact she's decided to have a holiday.

Previous SMW:
SMW for 12 June 2023

AT THE CLOSING BELL ON 12 June 2023

Dow Jones 34,066.33 +189.55 (0.56%)
S&P 500 4,338.93 +40.07 (0.93%)
Nasdaq 13,461.92 +202.78 (1.53%)

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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:

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.

7 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Tuesday, 13 June 2023. (Original Post) Hugin Jun 2023 OP

Markets are trending in a giddy direction bucolic_frolic Jun 2023 #1

I'm Back! I'm Back! I'm Back! Tansy_Gold Jun 2023 #2

Hope you had a nice holiday break! DemReadingDU Jun 2023 #3

I did. Tansy_Gold Jun 2023 #4

! Hugin Jun 2023 #5

Thank you! Thank you! Tansy_Gold Jun 2023 #6

Aw, you're welcome! Hugin Jun 2023 #7

bucolic_frolic

(46,998 posts)

1. Markets are trending in a giddy direction

Reply to Hugin (Original post)

Tue Jun 13, 2023, 10:16 AM

Jun 2023

Inflation is not cured. Fed pauses at the economy's peril. Inflation will rebound again. All this because they won't let debt unwind, warts and all. Not since 1975. Keep hiding the toxic assets.

Based on past inflation fighting, markets will bottom a year or so after the pause. So we have downside to go.