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edhopper

(33,570 posts)

10. This is a serious drop, no doubt.

Reply to Bengus81 (Reply #9)

Fri Feb 28, 2020, 12:32 PM

Feb 2020

And due to the unknowable effect this virus will have on the economy, it is a very fast drop.
But in 2008 the Dow dropped 40%. Will that happen now? Depends on what happens as the effect cascade, or don't.

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Top 8 Largest Dow Jones Drops in American History. [View all] onecaliberal Feb 2020 OP

You have to do percent, not points edhopper Feb 2020 #1

He is still at the helm of the 8 largest daily point drops in history. onecaliberal Feb 2020 #3

Point drops mean nothing; per cent drops mean everything. Patterson Feb 2020 #4

Explain how the largest point drops aren't the largest percentages. onecaliberal Feb 2020 #5

1000 points from 29,000 is 3.4% edhopper Feb 2020 #7

You are correct. If you look only at point drops, you need also to look at point increases onenote Feb 2020 #12

Ok...it's dropped over 18% in 15 days. Bengus81 Feb 2020 #9

This is a serious drop, no doubt. edhopper Feb 2020 #10

Would be useful to tie to specific fuckery like the government shut-down, trade war, meadowlander Feb 2020 #2

Even though it is bad... WyattKansas Feb 2020 #6

Wonder how many record gains he has? Nt USALiberal Feb 2020 #8

this edhopper Feb 2020 #11

These sorts of charts should be taken with a grain of salt onenote Feb 2020 #13

Sure edhopper Feb 2020 #14

Absolutely. onenote Feb 2020 #15

Yes edhopper Feb 2020 #16

That is the big issue. If layoffs in the most directly impacted industries onenote Feb 2020 #17

exactly edhopper Feb 2020 #18