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Point losses don't make sense because it's percentages that matter. The other metrics you mentioned do suggest this is of course a noteworthy market crash, but
by vikramkr 7y ago
Point losses don't make sense because it's percentages that matter. The other metrics you mentioned do suggest this is of course a noteworthy market crash, but whether that becomes a recession or is anything to seriously worry about long run is a different question.
- brenden2 7y agoThey like to cite points in the news because the numbers are bigger and it generates more clicks.