- Joined
- Jan 24, 2020
Bad news, everyone. While we were distracted, the largest market crash at least since the Global Financial Crisis of 2007–2008 has occurred.
How did we miss it? Turns out he's talking about the Dow Jones Industrial Average, which is an index of only 30 companies (the largest one being UnitedHealth Group, lol). It does not broadly represent the "markets" or optimism/pessimism about Trump. I don't want to get into details about the "losing streak", since who cares, but suffice to say the index is still up by quite a lot since the election. Rick should not quit his day job to become a stock market analyst.
How did we miss it? Turns out he's talking about the Dow Jones Industrial Average, which is an index of only 30 companies (the largest one being UnitedHealth Group, lol). It does not broadly represent the "markets" or optimism/pessimism about Trump. I don't want to get into details about the "losing streak", since who cares, but suffice to say the index is still up by quite a lot since the election. Rick should not quit his day job to become a stock market analyst.