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I can’t figure out why headlines still scream about the NUMBER of points the Dow (or other index) has plunged, when the percentage drop is more relevant. A plun
by d4rkp4ttern 5y ago
I can’t figure out why headlines still scream about the NUMBER of points the Dow (or other index) has plunged, when the percentage drop is more relevant. A plunge of 900 pts when the Dow is at 32K is not as bad as the same plunge when Dow is at 10K.
Oh wait, I just realized why they do this — something called clickbait.