To: Paladin2
I agree. How can the Dow be an indicator when it keeps changing over the years?
To: From The Deer Stand
It’s a bit like the global warming “scientists” gluing all of their proxies together to show the long term trends.
As far as I can tell, the Dow mostly shows how the gov’t has inflated the dollar.
14 posted on
06/19/2018 3:54:01 PM PDT by
Paladin2
To: From The Deer Stand
Car and steel companies stopped leading the economy and were replaced in the Dow Industrials by high tech and financial services companies.
If Ford and GM and US Steel were still in the Dow it would look like the country was doing worse than it is.
23 posted on
06/19/2018 4:02:19 PM PDT by
x
To: From The Deer Stand
It is not! DJI is a useless indicator. SP500 is better.
38 posted on
06/19/2018 4:49:23 PM PDT by
entropy12
(1 Mil Daca is the shining object to hide 30 mil low quality LEGAL immigrants in last 25 years)
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