CNBC is in big trouble. The Dow Jones Industrial Average (DJIA) finally broke through 20,000, and now the network is going to have to find something else to talk about. Its anchors have been anticipating this breakthrough for weeks and talking about it frequently almost every day, flashing ridiculous headlines on the screen that the Dow is “nearing” or “approaching” or “inching toward” 20,000. It’s as if 20,000 is some incredibly magical number, much more powerful than 19,999 and more meaningful than 20,001, even though 20,001 is higher. The day the DJIA broke through 20,000, it actually closed at 20,068, but the 68 meaningless points above 20,000 were not discussed. What’s missing is the fact that this whole charade is extremely stupid. “The Dow” is talked about as if it is some meaningful indication of what is going on in America. You are led to believe it is an index that should matter. It isn’t. It doesn’t (matter). The Dow Jones Industrial Average Index is comprised of 30 companies. JUST (...)
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- 15 February 2017 by BCWMOn January 29, 2017 in Springfield, MO, Eric Clark, a Principal and Senior Wealt...READ MORE +
- 09 January 2017 by BCWM
Overland Park Chamber of Commerce Honors Mindy Corporon with 2016 OP Award for Promoting Love, Kindness and UnderstandingOn December 7, 2016, the Overland Park Chamber of Commerce honored Mindy Corporo...READ MORE +