Dow 30 25,191.43 -125.98(-0.50%)

Please look at yourself. Below is the schedule of CalPERS financing progress. On June 30, 2009, the Dow Jones industrial average was 8,440, CalPERS reported assets of $ 17.9 billion, debt of $ 294 billion, and a funding ratio of 61%. As early as June 30, 2016, the Dow Jones Industrial Average rose by more than 100% to 17,456, CalPERS 'assets increased by more than 66% to $ 298 billion. However, the funding ratio increased by 11% to 68%. The increase in debt is not surprising. As explained here, this is the result of the CalPERS Board's choice to suppress the size of the debt that was first reported at the expense of an explosive increase in debt. In other words, as the mayor Mayor Lam Emmanuel pointed out, this is the result of a lie.

The number of shares of the Dow Jones index remains the same, enough for many investors to call the average Dow Jones index 30. However, the Dow Jones Industrial Average is not necessarily 30 shares. When it first launched, Dow tracked shares over dozens. This number increased to 20 in 1916 and in 12 years Dow expanded to the current 30 shares. Over the past decade, the average committee responsible for overseeing the Dow Jones index has been considering increasing the average number of shares to 50 shares. However, in the end Dow Jones regulators did not make any changes. This is mainly because I could not come up with a convincing reason to make changes. In fact, some people point out that 30 shares are not enough to fully represent the market, but it is declared that there are only 30 periods to exercise discipline to make a decision.