Corona/Max effects

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02-27-2020, 02:30 PM

#81

123494

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Joined APC: Jul 2017

Posts: 894

I've come to learn that the "experts" interviewed by the mainstream news are nothing more than talking heads meant to push an agenda and to make us fearful. I definitely see a short term economic impact from it but I don't see the end of the world scenario some people are preaching.

02-27-2020, 02:33 PM

#82

BMEP100

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Joined APC: May 2014

Position: Tom’s Whipping boy.

Posts: 1,182

Quote:

Originally Posted by terks43

DOW biggest single day point drop in history. As in ever.

Not even close. The crash of ‘87 was 22% in one day.

02-27-2020, 02:34 PM

#83

123494

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Joined APC: Jul 2017

Posts: 894

Quote:

Originally Posted by BMEP100

Not even close. The crash of ‘87 was 22% in one day.

I think the S&P had the biggest drop. He may have meant that.

02-27-2020, 02:35 PM

#84

BMEP100

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Joined APC: May 2014

Position: Tom’s Whipping boy.

Posts: 1,182

Quote:

Originally Posted by 123494

I think the S&P had the biggest drop. He may have meant that.

Again, not even close. The S&P” lost 18%.

The difference now, which is causing fear is the interest rates, In ‘87 the 10 year Treasury was around 9%, today it’s less than 2%.

02-27-2020, 02:54 PM

#85

Thor

You look like a nail

Joined APC: May 2012

Posts: 451

Quote:

Originally Posted by NavyGimp

So, I might get my social security?!?

yep, outta my way boomer!

02-27-2020, 02:54 PM

#86

rvfanatic

Gets Weekends Off

Joined APC: Jan 2014

Posts: 425

Quote:

Originally Posted by guppie

March 6, 2009 the Dow hit 6469.
Nov 9, 2016 the Dow hit 18,589.

verifiable facts, Einstein. Look it up yourself.

I was commenting on your % gain. 18589/6469 would be a 287% increase. Just trying to help you make your point better!

02-27-2020, 02:59 PM

#87

Thor

You look like a nail

Joined APC: May 2012

Posts: 451

Quote:

Originally Posted by rvfanatic

I was commenting on your % gain. 18589/6469 would be a 287% increase. Just trying to help you make your point better!

I think what the professor meant was:

((18589-6469)/6469)*100

02-27-2020, 03:29 PM

#88

Phins2right

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Joined APC: Feb 2020

Position: Gummed

Posts: 1,060

Quote:

Originally Posted by Winston

Oscar season is over. Save that dramatic performance for next year.

Amen.

Me thinks too much zero hedge and info wars might have affected sparrow's gray matter.

02-27-2020, 04:01 PM

#89

Itsajob

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Joined APC: Mar 2018

Posts: 1,358

Quote:

Originally Posted by Phins2right

Amen.

Me thinks too much zero hedge and info wars might have affected sparrow's gray matter.

Info wars and Alex Jones are so crazy that it’s hilarious. The government putting chemicals in the water to turn the frogs gay. Good stuff.

https://www.youtube.com/watch?v=3tVrntKgdN0

02-27-2020, 05:11 PM

#90

guppie

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Joined APC: Feb 2018

Position: B-737 Captain

Posts: 657

Quote:

Originally Posted by Thor

I think what the professor meant was:

((18589-6469)/6469)*100

exactamundo. or....

To calculate the percentage increase:

First: work out the difference (increase) between the two numbers you are comparing.
Increase = New Number - Original Number.
Then: divide the increase by the original number and multiply the answer by 100.
% increase = Increase ÷ Original Number × 100.