The market is down 1500 points since last week and they act like all is good because it made up 300 of those points gosh I despise these lying scumbags!
Me, too.
If they celebrate and rub it in about doubts of the majesty of Kamala and Bidenomics---and swing states agree, then we are in deep trouble.
To investors here: I feel sorry for you but your sacrifice until November is over will save capitalism. It's okay to make all the money back in the Trump boom later.
You can't count your earnings in a concentration camp if the Dems win.
My local liberal news stations love to share when gas drops a few cents a gallon but never acknowledge it was over a dollar less a gallon when Trump was in office.
Only telling half the story is maybe THE most dispicable tactic lefty news outlets employ......that and not reporting on something all together.
“The market is down 1500 points since last week and they act like all is good because it made up 300 of those points gosh I despise these lying scumbags!”
Up almost 600.
“The market is down 1500 points since last week and they act like all is good because it made up 300 of those points gosh I despise these lying scumbags!”
Dow up over last 30 days!
“The market is down 1500 points since last week ... “
Dow up 4400 p0ints since last week,
Here’s general formula to determine how many percentage one has to regain to return to the original price based on the percentage lost one had due to a crash:
the general formula is:
Z = Y / (1 - Y)
Where Z is the percentage gain needed to recover, and Y is the original percentage loss, both expressed as decimals.
For example, if we lost 10% (Y = 0.10), we would need to gain:
Z = 0.10 / (1 - 0.10) = 0.10 / 0.90 ≈ 0.1111 or 11.11% to return to our original price.
This formula works for any percentage loss, as long as Y < 1 (100% loss).