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submitted 11 months ago* (last edited 11 months ago) by spujb@lemmy.cafe to c/politicalmemes@lemmy.world

it’s a fake tweet

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[-] peoplebeproblems@midwest.social 4 points 11 months ago

Yes I know this has been fact checked, but I don't want to complain about that.

I want to complain how often we hear "down" or "up" by points or dollars over a very short period of time.

It should always be talked about in %. Because people who invest the money don't give a rats ass about the $ or point increase or decrease. They want to know how much they lost or gained.

Unless you are a broker or market maker, then you care, because it becomes about the volume of trades rather than the actual gain/loss.

[-] Dozzi92@lemmy.world 3 points 11 months ago

Yeah, and 1000 points in 2012 is 3000 points today. The dow won't drop 3000 points because they'll just halt trading.

[-] spujb@lemmy.cafe 1 points 11 months ago

this is true and no one but you is saying it

this post was submitted on 05 Mar 2025
977 points (93.7% liked)

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