Episode 443: Don't Believe The Hype
by from NPR: Planet Money on (#5ZJR)
Episode 443: Don't Believe The Hype March 25, 2015 1:40 PM ET Listen 18 min 15 sec Save this episode to Stitcher: Listen to this later on Stitcher
The over-hyped Dow
Seth Wenig/APTurn on the news on any given day, and you're likely to hear about the Dow Jones industrial average. It's one of the most frequently cited measures of U.S. economic health.
But the Dow is a seriously flawed stock index, and it's certainly not the best way to measure what's going on in the overall economy.
On today's show, we rain on the Dow's parade and explain why a lot of very smart people say we should ignore the Dow.
Note: Today's show is a rerun. It originally ran in March 2013.
Music: Rataxes' "Holding Hands" and Milo Greene's "What's The Matter." Find us: Twitter/Facebook/ Spotify.
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