Down to Business English The Dow Jones Industrial Average & Dow Theory
The Dow Jones Industrial Average (DJIA) remains a vital benchmark for U.S. economic performance, despite being established in 1896. Today, the DJIA and Dow Theory continue to provide investors with valuable insights into market trends.
Skip Montreux and Dez Morgan explore the history and significance of the Dow Jones Industrial Average, often referred to simply as the Dow. They discuss its origins, evolution, and current relevance in the financial world. The conversation also introduces Dow Theory, a set of principles developed by Charles Dow to analyze market trends, highlighting its continued importance in modern investing.
Listeners looking to enhance their business English, Skip and Dez's conversation is a great learning resource. Key points include:
- The historical background of the Dow Jones Industrial Average.
- The evolution of the Dow, from the original 12 stocks to the current 30 components.
- An introduction to Dow Theory, including its six tenets and their application in market analysis.
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Contact Skip, Dez, and Samantha at
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