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Planet money ran a typically excellent episode on why the Dow is a terrible mechanism for measuring the health of the economy. About the only redeeming feature
by mercury_craze 10y ago
Planet money ran a typically excellent episode on why the Dow is a terrible mechanism for measuring the health of the economy. About the only redeeming feature it had was the length of time it has been running allowing it to be used to compare the state of the economy going back > 100 years.
http://www.npr.org/sections/money/2017/01/04/508261371/episode-443-dont-believe-the-hype http://www.npr.org/sections/money/2017/01/04/508261371/episo...