STOCK MARKET WATCH: Monday, 18 December 2023

[Tansy_Gold]

STOCK MARKET WATCH: Monday, 18 December 2023

Previous SMW:
SMW for 15 December 2023



AT THE CLOSING BELL ON 15 December 2023


Dow Jones 37,305.16 +56.81 (0.15%)
S&P 500 4,719.19 -0.36 (0.0076%)
Nasdaq 14,813.92 +52.36 (0.35%)

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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:

Forced to answer questions most Americans felt he should never have been asked, Bill Clinton had lied to protect himself, his marriage, his daughter, Monica Lewinsky, and his "political viability" – to choose the meanest way of putting it – from the consequences of his all-too-human frailty. But his shame posed little danger to the republic; his falsehoods and evasions were no threat to the Constitution. His behavior was shameful but hardly felonious, most of his fellow citizens believed, and certainly not in the category of impeachable offenses.

Joe Conason and Gene Lyons. The Hunting of the President: The Ten-Year Campaign to Destroy Bill and Hillary Clinton. Thomas Dunne Books / St. Martin's Press. © 2000.

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.

[bucolic_frolic]

1. Historically, because of time lags

Recessions begin about 6 months after the Fed first cuts interest rates. The fact that the Fed forecasts it will have room to cut interest rates in the second half of 2024 indicates it expects a soft economy at that time. So last week's Fed indication of easing was taken by Wall Street, of course, as bullish, but they see it in the long run.