Think about it.
We’ve got issues facing the entire planet. War in Syria, the Fukushima spill in Japan, elections in Europe, and the never-ending “gong show” of blunders playing out in the U.S.
We’ve also got stock markets ( completely contained and unto themselves ) in emerging markets such as Brasil, Colombia, Indonesia,Europe, Canada and the list goes on.
The Dow Jones Industrial Average is composed of a rinky dink “30 companies in the U.S”! – 30 companies listed in the most rigged / manipulated index on the planet!! 30 companies! Seriously – Who gives a shit?!
Can you imagine anyone outside the U.S ( or more so anyone with any important global influence / significant contribution to their own local economy / position of strength ) during times of global “risk aversion” giving a rat’s ass about the plight of 30 piddly companies in a single (and completely rigged ) stock exchange in a single country so far in debt it goes broke ( and just raises it’s credit card limit ) every 6 months!?
Open you eyes. Pull up some new charts. Get your head out of the sand. Seriously.
It’s a “not knowing the forest from the trees” type thing.
An index composed of 30 American companies , and those companies likely being “the most influenced” by Fed intervention, and promoted in the media via 6 major companies OWNED BY THE SAME INVESTOR GROUP AS THE FED – is an index I can do without.
Ditch it. Pronto.
Story by F Kong at Google +