STOCK MARKET WATCH -- Tuesday, 4 April 2023

[Tansy_Gold]

STOCK MARKET WATCH, Tuesday, 4 April 2023

Previous SMW:
SMW for 3 April 2023




AT THE CLOSING BELL ON 3 April 2023


Dow Jones 33,601.15 +327.00 (0.98%)
S&P 500 4,124.51 +15.20 (0.37%)
Nasdaq 12,189.45 -32.45 (0.27%)

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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:

On April 6, four weeks after Murrow's initial "report" on McCarthy, came the senator's big moment in his duel with Murrow – the equal time he had demanded that CBS grant him so he could respond to Murrow's attack. If McCarthy was distracted, it was understandable. His feud with the Army over G. David Schine, which had begun the previous fall, was escalating. The Army had made public its side of the argument on March 11, just two days after Murrow's onslaught. McCarthy had hit back, but now he faced a Senate hearing on the feud, which was turning into the most serious controversy of his controversial career.

Robert Shogan. No Sense of Decency: The Army-McCarthy Hearings: A Demagogue Falls and Television Takes Charge of American Politics. Ivan R. Dee. © 2009.

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.

[Warpy]

1. The most hideous part of McCarthy's witch hunt

was that it never was, was not, and is not now a crime to be a member of the Communist Party. He ruined lives and careers and sent innocent people to prison over absolutely nothing. It was guilt by gossip and anyone who wouldn't supply that man and his enablers like Roy Cohn and Richard Nixon with gossip were judged to be in contempt of Congress. And so they were, that particular Congress deserved nothing but utter contempt.

Murrow was one of the few people in the whole country with enough clout to take that drunken bastard on. And no, at long last, McCarthy had no shame. That was his main problem.

[Tansy_Gold]

2. Your last two sentences. . .

. . . apply perfectly today, too, in the present tense.

And of course the irony is that Murrow worked for CBS, as does Lesley Stahl.

This is why I don't pick the quotes ahead of time.