STOCK MARKET WATCH -- Tuesday, 21 February 2023

[Tansy_Gold]

STOCK MARKET WATCH, Tuesday, 21 February 2023

Previous SMW:
SMW for 17 February 2023




AT THE CLOSING BELL ON 17 February 2023


Dow Jones 33,826.69 +129.84 (0.39%)
S&P 500 4,079.09 -11.32 (0.28%)
Nasdaq 11,787.27 -68.56 (0.58%)

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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:

But if the monastery gave birth to the intellectual of the medieval world, it was capitalism that let him loose and presented him with the printing press. The slow evolution of the lay intellectual was merely an aspect of this process; the coincidence of the emergence of humanism with the emergence of capitalism is very striking.

Joseph A. Schumpeter. Capitalism, Socialism and Democracy. Taylor and Francis. (c) 1943

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. Interesting quote

but the printing press wouldn't have made many changes, at all, if it hadn't met a literate population. Yes, most people could read at least a little when Gutenberg developed his press and everything from Jokes for the John to the bible could be mass produced there was a ready audience for all of it. It was considered to be a good thing for people to read proclamations from the King. What they weren't taught how to do was write, a skill kept separate from reading for some time to come.

I don't know if it was the arrogance and conceit of the ruling class that thought the common man had nothing to say and therefore nothing to write except his name, if that, or if they were afraid another Peasant Revolt like the one in England would arise and have bigger chance of success when more people could read their manifesto and add to it.

In any case, literacy rates shot up from a bare majority to a very high number with the appearance of cheap printed material anyone could buy, even though churchmen grumbled that most of it was "bum fodder" for the masses.

(Capitalism had existed before the printing press but it was land based, not based on an abstract like money, wealth being based on the amount of land one controlled)