i did now read the article and most experts agree that the government has a fund to support or manipulate the market. This will only fail if government fails
Rebalancing the Dow Jones is a hocus pocus operation that has been going on for decades and skews the results by a huge factor. When you remove the losers and leave just the winners in, then add new better stocks the charts will show you a never ending rise of the Dow Jones thru the years! If they left the losers in, we would see the Dow Jones cratering down and losing huge sums in the process! That is the reality of it! A number of those stocks have gone bankrupt!
this is well known to everyone except the most naive and inexperienced. buying an index fund would then be the smartest way to invest money......for the long term..trading is and always will be, a highly subjective and treacherous affair
+1 Due to its price-weighting, the DJIA can be likened to a Bell Curve. Removing the low end, produces a new, higher, low end. It's that simple.
Funny, the schools I went to discussed economics quite a lot, using a standard set of definitions and terms and standard sets of data to back up those terms. Yours? You stated "the real economy of the world has gone nowhere", which is categorically false. You did not state "the number of full time jobs with benefits that pay middle class wages" has gone nowhere. That's a very different thing. Nor did you claim that salaried worker wages have stagnated or that debt has somehow gotten "worse", although you're pretty vague on that. If your definition of "real economy" is salaried workers wages and employment, plus some fuzzy debt number, then you've got a different definition than anyone who actually studies this for a living, but let's go with that much different claim. Clearly the actual GDP per person is steadily increasing. If that hasn't gone to salaried workers, it's because more and more is going to the top 1% of the population. The only way in history that's ever been fixed is through government intervention or revolution. So you're actually arguing for more government intervention (or a revolution, not sure which?).