3 ms·
DJIA is a garbage index that's weighted by share price instead of anything meaningful and only includes 30 companies.
by thfuran 2y ago
DJIA is a garbage index that's weighted by share price instead of anything meaningful and only includes 30 companies.
- refurb 2y agoIt’s highly correlated with the SP500, so pretty much interchangeable. But the point stands - the market went up, then crashed back down a month before Trump took office. So why is the media so confident that the recent repeat of that is due to tariffs? (hint: the answer is “they are guessing”)