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I wish we’d stop talking about the Dow. It isn’t useful.
by bilsbie 4y ago
I wish we’d stop talking about the Dow. It isn’t useful.
- jdkuepper 4y agoYes, but also, stock correlations are so high that it's not as big of a difference as you might think.[1] 1: https://www.macroaxis.com/invest/pair-correlation/DIA/%5EGSPC/Dow-Industrials-vs-SP-500 https://www.macroaxis.com/invest/pair-correlation/DIA/%5EGSP...
- rdtwo 4y agoYes it is, the Dow is essentially made up of private public partnerships. A good proxy for government spend