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re: Does the Dow finish the year above or below 30k?
Posted on 10/28/23 at 9:57 am to SloaneRanger
Posted on 10/28/23 at 9:57 am to SloaneRanger
Discuss…Dow is a meaningless index that is so dated it’s embarrassing it still gets referenced at all.
2
Posted on 10/28/23 at 2:09 pm to lynxcat
But cnbc and npr said the Dow was down?
Posted on 10/28/23 at 6:20 pm to lynxcat
It’s something that every man on the street (who probably doesn’t know what SPX or NDX means) can relate to. So I guess it gives that broader audience something to reference… and gets those eyeballs to watch (ratings).
Is it useful for active traders or even passive investors? Certainly not very useful for active traders. And I don’t know that it would tell a passive investor much either.
Is it useful for active traders or even passive investors? Certainly not very useful for active traders. And I don’t know that it would tell a passive investor much either.
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