Friday, October 21, 2022

Slanted Much?

When the stock market falls, the media always cites the drop in terms of how many dollars the drop was. "Dow dropped $439," it will tell us.

When it rises the media will tell us what the percentage of rise was. "Dow rose 1.39%," is the headline.

Would it surprise you to know that the huge drop of $439 and the miniscule rise of 1.39% are precisely the same amount?

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