Dow Jones jumped a full percent after CPI inflation cooled before receding to flat. Fed watchers on high alert as “Dot plot” update looms ahead. Fed rate call broadly expected to hold as investors wrestle with September cut odds.
as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions. What is Dow Theory? Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average and only follow trends where both are moving in the same direction.
. One is to use ETFs which allow investors to trade the