So we learn today that the DOW is shifting its composition:

“The three companies – an investment bank, credit card payment processor and apparel company, respectively – will also replace Bank of America Corp, Hewlett-Packard Co, along with Alcoa in the 30-stock average, the index managers said Tuesday.”  We now subtract an oldline bank, tech manufacturer and a domestic manufacturer for a Wall Street crook, a credit card and and an out-sourced sneaker. This speaks volumes about our economy.


Chris Reich
FW 135 (Stalled out again)