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SMW for 9 January 2023




AT THE CLOSING BELL ON 9 January 2023


Dow Jones 33,517.65 -112.96 (0.34%)
S&P 500 3,892.09 -2.99 (0.077%)
Nasdaq 10,635.65 +66.35 (0.63%)

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Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

Quote for the Day:

Class distinction is the generator of Socialism.

The ordinary social triptych—upper, middle, and lower classes—will not suffice us in our inquiry. We must distinguish between the functions of the classes. The upper class is a remnant of the feudal days, of the manorial times, when land-holding brought with it social distinction and political prerogative. In this sense we have no upper class in America. The middle class is composed of the business and professional element, and the lower class of the wage-earning element.

Samuel Peter Orth. Socialism and Democracy in Europe. Henry Holt and Company. (c) 1913.