Oh good now we can start asking about Epstein again.
Let’s see that Dow go back down to 10,000 when the world was a little more sane.
I wonder what that would entail. It’s such a drastic change that is probably something big.
Since they trim from the bottom around here, it means unless you’re a C-suite executive you’d lose everything.
Is the Dow low enough to prosecute child rapists now?
Only the poor ones.
Ok so now that the Dow isn’t over 50k is bondinready to release the rest of the files orrrrrr
Somebody needs to check with Pam Bondi about this. Apparently the Dow being below 50,000 means that President Trump needs to be investigated for raping children, according to her logic.
“600 points” is meaningless to 99.99% of people
Its meaningless to the .01% as well. 1.2% is an ordinary daily fluctuation.
To people reading CNBC, it isn’t. They write for their audience, it’s in the second sentence of the article you didn’t read (“1.6%”; if you want to consume the news as a series of disconnected headlines, that’s your fault and problem), and it’s extremely easy to translate to a percentage.
I swear sometimes people on link aggregators like Lemmy and Reddit act like those boomers who perplexedly review services they’ve never used as though they think everything they see on the Internet must be personally targeted at them.
Why the fuck would I read an article about a change in a ticker?
I swear sometimes people on link aggregators like Lemmy and Reddit act like those boomers who perplexedly review services they’ve never used as though they think everything they see on the Internet must be personally targeted at them.
Plenty of people do want to read about financial news, namely about why the ticker changed and its possible effects. If you don’t, that’s fine. Just check Yahoo! Finance or whatever for the ticker. Or don’t. It’s your life. But nobody has to or should accommodate your utter disinterest in reading anything past the headline.
1.5%
The DOW’s over
50,00049,50049,00048,500…these article are kinda funny as they treat 600 like its still 2000. Its like 1% from 50000. 2008 it went from like 12k to 6k and nearly halved. The dot com it was like 25%. The market is completely disconnected from day to day life at this point
Market’s a pump and dump now. Down 800 today, up 1200 tomorrow. Everything recovers in days or maybe weeks and always to new highs. Even covid recovered in less than a year. This is not a normal market, it’s just pretending to be.
I sorta feel covid short circuited a long overdue correction that just has it being a pure fiction now. If we ever do get a real correction its going to dwarf anything historically.
They never report these “drops” and “crashes” as percentages, as it would kill the headline. Let’s talk about the percentage of the existing number that still has true value.
