The Dow Jones is booming! But who is really cashing in?

Jan 25, 2018

1 min

On Wall Street, it has already been a great start to the year for the Dow Jones. Just yesterday, the Dow Jones industrial average had a closing record of over 26,000.


It seems like reason to celebrate, but who’s really winning at the end of the day? Is this a matter of brokers, firms and big banks reaping the benefits? Or are those more familiar with Main Street able to cash in and win as easily as those on Wall Street?


Also, what does the upward trend mean for everyday investors? And is this trend one that should have people getting on board or exercising some serious caution? Reading the economic and financial tea leaves is never easy, but that’s where Missouri State University (MSU) experts can help.


Dr. James Philpot is a CFP and an associate professor of finance and general business at MSU. He's an expert in this area and is available to speak to media. Click on his icon to connect with him.


Source:


You might also like...

Check out some other posts from Missouri State University

1 min

It’s time to invest early in your child’s financial literacy

April 20 is Teach Children to Save Day. It's an educational program established by the American Bankers Association (ABA) to encourage kids to develop good savings habit as early as possible in their financial life. But is it necessary? When kids should be playing and having fun, is getting a head start on economics a bit heavy? The reality is – a quiz about personal finances offered last year by Financial Engines saw only 6 percent of Americans pass. That means a staggering 94 percent of Americans didn't have a confident grasp on financial literacy. Bad financial choices can last a lifetime and that's why it's best to start young, and develop sound habits and wisdom as early as possible. So, what do Americans need to know and do about becoming financially literate? What are the potential consequences to not just Americans, but the country’s economy if we remain a nation that’s basically ignorant to the value of a dollar? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, can address the costs of financial illiteracy and explain how to teach kids about money matters. Click on his icon to set up an interview with him. Source:

1 min

How serious is the sabre-rattling over Syria?

Last Saturday, though not ‘officially confirmed,’ a poisonous gas attack happened in the besieged Syrian town of Douma. The World Health Organization has confirmed that 500 people showed symptoms of being exposed to "toxic chemicals". This act of aggression supposedly by the Assad government has opened a Pandora’s Box. President Donald Trump is threatening missile strikes. Russian officials are threatening retaliation for any American aggression. Many world leaders are on edge and watching closely – Syria has become a powder keg and what happens next could have global implications. What are President Trump’s options? What could happen if the Russians counter? Is there a diplomatic option? There is an enormous amount at stake and a lot of scenarios to consider. That’s where experts from Missouri State University can help. Dr. David Romano, political science professor at Missouri State University, researches Middle Eastern politics and government. He's an expert in theories of peace and conflict, and foreign policy. He's available to speak about the escalating tensions, potential outcomes and consequences regarding any action in Syria. Click on his icon to arrange an interview. Source:

2 min

Trade wars – is America’s economy collateral damage?

There’s been a lot of tough talk on trade coming from Washington as of late. With debates and even some delusions about trade surpluses and deficits,it’s feed for the political fodder, but are the politics behind the talk negatively impacting America’s economy? President Trump says he is standing up for American jobs, but by threatening to tear up NAFTA and imposing billions in tariffs on China, is starting a street fight with America’s traditional trading partners worth it? The common folk might think so. However, those who control the markets on Wall Street think not. The DOW is down. A lot. The NASDAQ is also falling. That means a lot of money is being lost and the ripples might be felt by middle America in the form of lost jobs. So, what exactly happens in a trade war? Is America truly getting the raw deal President Trump is claiming when it comes to doing business with China, Canada, Mexico and others? What will come of all the tough talk on trade? How will it impact the economy? There are many questions and issues to consider. That’s where the experts from Missouri State University can help. Dr. David Mitchell is a professor of economics and director of the Bureau of Economic Research at Missouri State. He is also an expert in economic forecasting and understanding market trends and direction. He can address what these trade wars will do for America's economy and what, if any, effects they will have on the American people. Click on his icon to connect with him. Source:

View all posts