Relying solely on past performance to predict the future is a risky strategy Newspapers, radio, and TV news programs frequently reference the Dow Jones Industrial Average (DJIA), often calling it the Dow or the Dow Jones. Economists and financial advisors closely monitor its daily fluctuations and long-term trends. But what exactly is the Dow Jones Industrial Average, does it really matter, and can one observe performance patterns from year to year?​ A Brief History The Dow Jones Industrial … [Read more...]