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SMW for 31 August 2022




AT THE CLOSING BELL ON 31 August 2022


Dow Jones 31,510.43 -280.44 (0.88%)
S&P 500 3,955.00 -31.16 (0.78%)
Nasdaq 11,816.20 -66.93 (0.56%)

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Quote for the Day:

The most important function of any moral code is to condemn and, if possible, prohibit certain specified forms of behavior. Such behavior may seem to be effective in the short run by yielding quick results, as in the case of a successful theft, or it may yield at least short-term pleasure, as in the case of an adulterous affair. From this standpoint violations of the moral code may seem to the individual to be shortcuts to desirable ends, but according to the moral code such shortcuts are judged to be harmful to the social order as a whole.
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Barrington Moore, Jr. Moral Aspects of Economic Growth, and Other Essays (The Wilder House Series in Politics, History and Culture). Cornell University Press. (c) 1998