187 "We have never been down 1,000+ points — EVER, not even intraday — on the Nasdaq." - Fox Business (twitter.com) - N C S W I C - posted 7 months ago by StormzAComing 7 months ago by StormzAComing +187 / -0 27 comments share 27 comments share save hide report block hide replies
While that is true, Nasdaq was up in the stratosphere. More than 3x what it was at the height of the dot com boom. 1000pts on a percentage basis isn’t as high as it sounds
Adjust for inflation and it is much less. Inflation has made everything seem like a great investment.
6% loss is huge on opening bell