Math Morons don’t understand that citing “largest point drop” is false reporting because market declines are more correctly measured in terms of PERCENTAGE DROPS.
This article said last Friday’s decline of 666 points on the DOW only ranked 538th in the list of historical PERCENTAGE DECLINES:
https://seekingalpha.com/article/4142967-dows-6th-largest-drop-ever
Looking forward to a measure of the percentage ranking of today’s loss.
Here are the 20 largest declines:
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average
Today doesn’t even rank in the top 20.
Trump should distance himself from bragging about the market. I knew this was going to happen. He should have qualified his boasts about the markets by saying that “declines will happen, but the market has been rallying.”
hey some article online by the moronic media had this as the headline BIGGEST DROP IN HISTORY along with “how to survive in a possible up-coming recession”
I see they left is now trying a NEW tactic