This is the biggest con of all time.
Dow Jones tracks stocks to come up with their average.
Let a stinker come along and poof, it is gone as fast as Enron.
“This is the biggest con of all time. Dow Jones tracks stocks to come up with their average. Let a stinker come along and poof, it is gone as fast as Enron.”
Even worse, the best way for a company to drive up its stock is to cut loose American workers and replace them with foreign serfs. The stock market hasn’t been an indicator of the average American’s well-being in decades; now it is a better gauge of the health of Asia’s rising middle class rather than the health of our falling one.