Mid-Quarter Update: Prognosis Negative

February 28, 2020
By Steven Vannelli, CFA in Markets, News

Widespread underperformance of Dow Jones Industrial Average stocks is a significant negative indicator for US stocks in our view. In this special report, we present charts of the 30 Dow stocks relative to long-duration US treasury bonds and gold for the last five years. Spoiler: we think the prognosis is negative.

Download the slides for Prognosis Negative.

 

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