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Economy
Related: About this forumSTOCK MARKET WATCH -- Tuesday, 13 June 2023.
STOCK MARKET WATCH, Tuesday, 13 June 2023.NOTE: I will be filling in for Tansy due to the fact she's decided to have a holiday.
Previous SMW:
SMW for 12 June 2023
AT THE CLOSING BELL ON 12 June 2023
Dow Jones 34,066.33 +189.55 (0.56%)
S&P 500 4,338.93 +40.07 (0.93%)
Nasdaq 13,461.92 +202.78 (1.53%)
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Market Conditions During Trading Hours:
Google Finance
MarketWatch
Bloomberg
Stocktwits
(click on links for latest updates)
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Currencies:
Gold & Silver:
Petroleum:
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
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:
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.
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STOCK MARKET WATCH -- Tuesday, 13 June 2023. (Original Post)
Hugin
Jun 2023
OP
bucolic_frolic
(47,340 posts)1. Markets are trending in a giddy direction
Inflation is not cured. Fed pauses at the economy's peril. Inflation will rebound again. All this because they won't let debt unwind, warts and all. Not since 1975. Keep hiding the toxic assets.
Based on past inflation fighting, markets will bottom a year or so after the pause. So we have downside to go.
Tansy_Gold
(18,056 posts)2. I'm Back! I'm Back! I'm Back!
Will have Wednesday SMW up on time this afternoon!
DemReadingDU
(16,002 posts)3. Hope you had a nice holiday break!
Tansy_Gold
(18,056 posts)4. I did.
Although some of the people I visited are still living in cloud cuckoo land, I had a good time. But it's good to be home.
Tansy_Gold
(18,056 posts)6. Thank you! Thank you!
For filling in for me!
Hugin
(34,723 posts)7. Aw, you're welcome!