CaptainJJack

Top 10 Components of the Dow Jones U.S. Economic Stimulus Index

While it may be obvious, I do not think it meaningless.

All it says to me is that a portfolio of companies that has more exposure to the Stimulus may outperform a market neutral index like the SPY, and has done so, so far.

If you believe, as I do, that the consumer is retrenching, and that with capacity utilization at historic lows, private investment has tanked, then knowing which companies have the greatest exposure to the only significant buyer is good information.

I know nothing of how this index is composed and how the stock weights are determined, but I do not look at this as being anything more than a "portfolio strategist" estimate of which companies will do well in the near term.

Instead of it being Goldman or Morgan Stanley, you have some analyst hired by Dow doing the picking.


On Sep 06 06:46 PM whidbey wrote:

> What, if anything, does your post prove? That the stimulus has been
> more effective for the index as compared to the S&P? If that
> is your argument you deserve to be ignored. Pitiful and meaningless.