Despite 10,000, the Dow Has Been Beating the S&P 500

Yesterday, 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 Eddy Elfenbein on February 9th, 2010 at 11:48 am

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