CNBC Headline Rules: When the Dow drops, focus on the points which makes it "the worst point drop in history." When the Dow has its best point gain on record a week later - today - focus on the percentage gain which is only the "biggest gain since 2009."
— Yossi Gestetner (@YossiGestetner) March 3, 2020
PANIC-spreading HACKS. pic.twitter.com/wqJz5OLJME
Manufacturing in Feb rose (50 or above means a rise. It is 50.1) and it is better than half of 2019, but you would think the opposite from reading Jeffrey's tweet. This is economic panic-spreading which can lead to an actual slowdown. (BTW, Jeff is usually careful.) #COVID19 pic.twitter.com/yhtsyzA9wK
— Yossi Gestetner (@YossiGestetner) March 2, 2020
See:
Crude oil price war causes Dow futures to plummet 1000 points https://t.co/a7eGbHd3iO pic.twitter.com/kfOdoYcAHg
— The Hill (@thehill) March 9, 2020
