STOCK MARKET WATCH: Monday, 8 January 2024

[Tansy_Gold]

STOCK MARKET WATCH: Monday, 8 January 2024

Previous SMW:
SMW for 5 January 2024



AT THE CLOSING BELL ON 5 January 2024


Dow Jones 37,466.11 +25.77 (0.069%)
S&P 500 4,697.24 +8.56 (0.18%)
Nasdaq 14,524.07 +13.77 (0.095%)

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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:






(Awaiting new links)


Gold & Silver:

(Awaiting new links)


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:

What Trump’s team was describing on this call was illegal. It was destructive. And they all knew by then that the stolen-election allegations were “complete nonsense” and “BS,” as Attorney General Barr and other Justice Department officials had repeatedly said. Yet here they were, trying it anyway.

Liz Cheney. Oath and Honor: A Memoir and a Warning. Little, Brown and Company. © 2023.

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. Euphoria is breaking out

I'm wondering if Trump's legal hurdles are helping the economy as people en masse figure the threat to civilization is soon to be held accountable. Just ignoring the jobs numbers, soft landing, interest rate forecast, public investment and infrastructure policies of the Biden Administration, AI tech investments, energy costs. The cumulative effect of these is pretty large.

[Tansy_Gold]

2. It's possible.

I just worry that the same euphoria will make too many people vulnerable when the seething anger -- unjustified as it may be -- underneath it all finally breaks loose.

"Those people" -- and we all know who they are -- just can't contain that anger much longer. I think most of us see bits and pieces of it in real life almost every day. I try not to be too cynical, but it's difficult not to worry.