STOCK MARKET WATCH -- Friday, 13 October 2023

[Tansy_Gold]

STOCK MARKET WATCH, Friday, 13 October 2023

Previous SMW:
SMW for 12 October 2023



AT THE CLOSING BELL ON 12 October 2023


Dow Jones 33,631.14 -173.73 (0.51%)
S&P 500 4,349.61 -27.34 (0.62%)
Nasdaq 13,574.22 -85.46 (0.63%)

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Market Conditions During Trading Hours:

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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:

Lawrence, a one-time junior officer in the Arab Bureau in Cairo, had by now become a celebrity, due to the efforts of an American named Lowell Thomas. Thomas, a 25-year-old fledgling showman from Ohio who until then had knocked about North America in search of fame, fortune, and adventure, had been working at a part-time job teaching public speaking at Princeton when, at the end of 1917, he raised enough money to go to England and then to send himself and a cameraman to the Middle East war front in search of a salable story with romance and local color. There he found Lawrence, wearing Arab robes, and decided to make him the hero of the colorful story he was about to write – a story about the Arab followers of Hussein and Feisal and the role they had played in the war against Turkey. The story was to form the basis of a show, in which – sacrificing truth to entertainment values – Thomas would picture Lawrence as the inspirer and leader of an Arab revolt that destroyed the Turkish Empire.

David Fromkin. A Peace to End All Peace: The Fall of the Ottoman Empire and the Creation of the Modern Middle East. Henry Holt and Company. © 1989.

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.

[Pinback]

1. Fascinating re: T.E. Lawrence

I had no idea that his story launched the career of Lowell Thomas! Timely quote, given the relationship between Lawrence’s activities and the subsequent Sykes-Picot Agreement & the Balfour Declaration, whose reverberations we feel today.

[Tansy_Gold]

2. I picked this book up for 25 cents at a library sale

and it's one of the most informative books I think I've ever read. I literally opened it at random -- as I usually do when selecting quotes -- and this just jumped out at me. Longer than I usually post, but I thought it was worth it.

The "show" Thomas put on was a lecture with slides, and he called it "The Last Crusade."

[Pinback]

3. Great - thanks for this info.

I’ll see if I can snag that one from my library. I’m sure if it’s not in their collection I could get it via inter-library loan.

Like many people, I’m learning how much I need to learn about the history of the ME region.

[DemReadingDU]

4. Daily quotes

You have the most uncanny way of finding such relevant quotes that pertain to the current issues of the day. Like Pinback, I am needing to learn more about the history of the ME region.

[Tansy_Gold]

5. I am a great hoarder of books

Both paper-printed and digital. I try to select a book each day pertaining to the current issues, and then I just open at random. I'd say about 75% of the time, I find a good quote on the first page.

I don't pick them in advance, so there's a deliberate attempt to find things pertaining to current events in terms of which book I choose, but after that, it's pretty much up to the gods of random pages.

A Peace to End all Peace was quite an eye-opener for me the first time I read it in about 2001, because I hadn't realized how involved the Ottoman Empire was in World War 1. That part wasn't taught in school! I highly recommend it.

That one gives the large-scale history; City of Oranges is a much more personal history of how the big-picture events impacted individuals and families. Also highly recommended.

There's actually another quote from A Peace to End All Peace that I'd like to use at a later date, if I remember to do so. I try to mix things up.

Maybe with what's going on with the House repukes, I might try to find something on the history of Ringling Brothers, Barnum and Bailey . . . .

[DemReadingDU]

6. It's a circus world

Look forward to your daily quotes!