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Saxman: NASDAQ, S&P, Dow Jones All Have THIS One Thing in Common

What do the big three American indices have in common?

Here are some charts that will give you a reason for a heavier pour this week.

S&P, then the NASDAQ followed by the Dow Jones Index, and then finally housing affordability.

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Having fun, yet?

Imagine being the boss who has to decide which employees are going to get laid off first. I’m betting on the Gen Zers who “quiet quit”  [5]and probably actually expect to keep their jobs at current pay levels during a recession. #MinimumWork=MinimumWAGE

Participation trophies and all that….

Tish tosh … we could have a nice little regional nuclear war on our hands in Ukraine.

No no no … it’s fine. We have reason to believe that nukes launched by Putin will be small scale and tactical.

He seems the type.

Soooo … an economy heading for the toi toi and a possible nuclear – again only tactical – engagement. Folks think this is just like the 70s – not with this Pittsburgh Steelers team.

Well, since I didn’t drink in the 70s it’s COMPLETELY different.

Speaking of drinking and inflation … here’s a fun story about why Virginians pay more for liquor [6] – because that’s what the state, not the market, charges. You know if I were in charge….

Ah … what the heck … it’s the weekend.

Let’s roll back to the 21st night of September.

Happy Fall!

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