These tariff announcements, like last year’s, seem like another scam to buy up cheapened stocks
Is the Dow low enough to prosecute child rapists now?
I guess it’s like a barometer for morals: the lower it goes the bigger the storm
Only the poor ones.
The ones that invested in the dow
Oh good now we can start asking about Epstein again.
“600 points” is meaningless to 99.99% of people
Well it’s below 50,000 now so it must be time to panic
Has the DOW fallen enough now for the DOJ to start prosecuting pedophiles?
/s, but in itself almost not, because Bondi apparently was serious about her absurd statement in front of the the House Judiciary Committee.
Yeah. But that’s only in dollars. Not points.
Hey! How can we talk about Epstein when the Dow Jones is below 50,000?!
Gold & Silver going up up up VIX up up up
So yes people with money are panicking
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.
1.5%
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 needs to be investigated for raping children, according to her logic.
Let’s see that Dow go back to down to 15,000 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.
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 5000. 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.
