Dow Jones Blog

The Dow Jones this year has been a roller coaster. In fact, if you look at the year thus
far, it even looks like one. A steady rise, a quick fall, and a stagnation by mid-April. To
solidify the roller coaster metaphor, the Dow Jones Industrial Average Coaster had a fast
drop that was completely and utterly horrifying and then plateaued at the end with little
excitement, leaving one with a feeling of disappointment and wasted money. A lot of
wasted money. This has been very similar to the New York stock Exchange Composite
Index, which is good because the Dow Jones is often used in place of the Composite
Index. The economy has adjusted to the change and some companies are now seeing
profits again. However, because of the sharp decline in the blue collar work and a sharp
uptick in the unemployment, this will likely have a damaging effect on small business as
companies with the capital required to adjust to quarantine easily out-compete small
businesses, thus worsening the issue posed by multinational companies. Once
quarantine comes to an end, companies such as Amazon and Walmart will come out of
it even stronger than before, as while they have taken a hit, their smaller competition will
have taken much more significant financial wounds, thus allowing them to expand at an
even greater speed.

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