Dow hits new high — so what?

By Staff | March 7, 2013 | Last updated on March 7, 2013
1 min read

The Dow Jones has reached a new high, but we shouldn’t care, according to John Authers of the Financial Times.

“The Dow’s methodological flaws are overwhelming and there is no reason for anyone to follow it. That it still generates so much attention is attributable to inertia and groupthink,” he says.

Read more here.

Also read:

Dow hits record high

Dow Jones calls large-cap ‘dead cross’

Plenty of gas left for U.S. equities staff


The staff of have been covering news for financial advisors since 1998.