So, you’re wondering what the connection to a video of Dancing Baby Ostriches have in common with a financial newsletter.
I figure, a newsletter that starts off with a discussion of equity and bond direction, followed up with emerging markets, GDP numbers, and ending with 5% mortgage rates, it’s just not complete without something completely irrelevant.
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The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.
The Standard & Poor’s 500 Index (“S&P 500”) is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market.
The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.
Indexes are often used as a proxy for the stock market and cannot be invested in directly.
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