Weatherhead’s Jonathan Ernest examines recent surge in Dow Jones Industrial Average

Dow Jones trending upward: What’s behind the recent surge?
Spectrum NewsJonathan Ernest, associate professor of economics at Weatherhead School of Management, discussed the recent surge in the Dow Jones Industrial Average, after posting 13 straight days of gains—the best winning streak of the 30-stock index since 1987. “We may eventually see a slowdown of the economy, and hopefully we get not too large of a pullback, but rather just enough to kind of tame inflation,” he said.