Friday, February 28, 2020

Another media headline sophistry (lie)!----"We Just Witnessed The Fastest Stock Market Correction on Record"

https://www.bloomberg.com/news/articles/2020-02-27/we-just-witnessed-the-fastest-stock-market-correction-on-record?utm_campaign=socialflow-organic&cmpid=socialflow-facebook-business&utm_content=business&utm_source=facebook&utm_medium=social

From Bloomberg news:"We Just Witnessed The Fastest Stock Market Correction on Record"

Deeper into the fake-news article: "...But wait. Haven’t stocks fallen a lot more than 10% in a single day? Yes -- they dropped more than twice as much on Oct. 19, 1987, for instance. The difference between then and now is that this plunge started from an all-time high..."

Fear-mongering for their founder, Mike Bloomberg? Ya think?

From 1987:
Black Monday (1987) - Wikipedia: Black Monday is the name commonly attached to the large stock market crash of October 19, 1987.[A] [1] In the United States, the Dow Jones Industrial Average (DJIA) fell exactly 508 points (22.6%).[2] 
This was the largest one-day percentage drop in history. Significant selling created steep price declines throughout the day, particularly during the last hour and a half of trading. The S&P 500 and Wilshire 5000 indices each declined more than 18 percent, and the S&P 500 futures contract declined 29 percent.[3]..."
Read both!

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