Posted on Oct 18, 2016
Stock market soars with rumors of bombing halt in Vietnam - Oct 18, 1968 - HISTORY.com
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Rumors that the Johnson administration will soon announce a bombing halt send sales volume on the New York Stock Exchange soaring; U.S. bond prices also climb. The rumors were true and on October 31, in a televised address to the nation, Johnson said that based on recent developments in the Paris peace negotiations, he had ordered a cessation of all bombing raids over North Vietnam.
@ SMSgt Minister Gerald A. Thomas Capt Christopher MuellerCPT (Join to see)COL Mikel J. BurroughsSgt Joe LaBrancheSSgt (Join to see)Capt Seid WaddellSrA Christopher Wright LTC Stephen F.PO2 Ed C. PO2 Mark Saffell MSG Tom EarleyPVT James Strait Alan K. PO1 William "Chip" NagelSGT John " Mac " McConnellSSG Leo Bell SFC William Farrell
@ SMSgt Minister Gerald A. Thomas Capt Christopher MuellerCPT (Join to see)COL Mikel J. BurroughsSgt Joe LaBrancheSSgt (Join to see)Capt Seid WaddellSrA Christopher Wright LTC Stephen F.PO2 Ed C. PO2 Mark Saffell MSG Tom EarleyPVT James Strait Alan K. PO1 William "Chip" NagelSGT John " Mac " McConnellSSG Leo Bell SFC William Farrell
Stock market soars with rumors of bombing halt in Vietnam - Oct 18, 1968 - HISTORY.com
Posted from history.com
Vietnam War
Warfare
American History
Military History
Posted 8 y ago
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The liberals who railed at the mythical "military industrial complex" never seemed to catch on that cessation of military actions tends to yield stock market rallies which increased military actions has a dampening effect on the markets. Thanks for reminding us SP5 Mark Kuzinski
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