Write name of civilizations originated and developed in tropical mosoon climatic region?
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Like most people around the world who do not have access to critical, vital information to be able to properly assess and understand what is going on, you assume that the Dow 30 or S&P500 or NASDAQ 100 or a combination thereof is a means by which to determine the growth or decline of the US Stock Market.
This assumption that US indexes define the US market or the global market is a common mistake, because you do not have the information needed to make a different determination.
The world economy is in a recession and from time to time, certain countries economies teeter on a depression. Federal Reserve Bank Quantitative Easing that is being done in the US, Europe, China and elsewhere is seriously jeopardizing the global economy in ways that most people have no idea is developing.
The Shanghai Stock Market is well below its all time high, well below its 2015 high and is not recovering rapidly. Just Google Shanghai Stock Market Index and then use Maximum setting to see the long term trend.
The Hong Kong, aka Hang Seng Index is also well below its high of 2020. You can see a chart the same way by using Google Stock Chart searches.
London is not recovering either—use the same search.
Germany DAX looks similar to the Dow 30 of the US but is well below its high of 2020.
Japan’s Nikkei is actually doing better than most nations stock markets but is in a Trading Range pattern NOT a strong uptrend.
Those are major “Hubs” for the global stock market of the global economy. Clearly if you study these charts.
The Dow 30 Index is owned by the Wall Street Journal. It is no longer an “average” which was its original formulation written by the great Charles Dow in the late 1800’s. He was the first technical analyst and is Dow Jones Industrial Average was a stunning new way for banks, wealthy business owners, and average emerging middle class Americans to actually SEE graphically whether the market was moving up or down. Daily prices up and down confuse the mind. Clarity is only possible with a stock chart.
The S&P500 is owned by Standard and Poors. The NASDAQ 100 index is owned by NASDAQ the US Exchange.
All formulas and methods of averaging are PROPRIETARY and not provided to the general public so that the investing community could actually see and determine what the index formula and types of averaging, AND weighting of certain specific index components (the stocks that are listed in each index). Weighting has become a major manipulation of the indexes in recent years. But the formulas are proprietary.
By weighting certain components heavier than others, the index values are tilted toward upward growth. Also, if at any time, any component is weighing the index value down OR in the case of the AAPL 4/1 split that would have adjusted ALL 3 indexes down but especially the Dow 30, the Wall Street Journal staff who manages the Dow 30 index made changes to the Dow 30 components. 3 were removed and 3 new ones were added, providing a continuing illusion that the stock market always goes up, even during a really bad recession....
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