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« Goldman Goes A-Blogging | Main | Unraveling the Profit Puzzle at Goldman Sachs » February 9, 2010 Despite 10,000, the Dow Has Been Beating the S&P 500Yesterday, the Dow closed below 10,000 for the first time in three month. As far as indexes go, I’m not a big fan of the price-weighted Dow. The cap-weighted S&P 500 is far superior. Still, I will give the Dow credit for beating the S&P 500 over the past four years. Here’s a look at the Dow/S&P 500 Ratio:
For two days in November 2008, the ratio closed above 10. Before that, the ratio had last been above 10 in 1966. Posted by edelfenbein at February 9, 2010 11:48 AM |
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