The Dow Jones has seen a dreaded 'death cross.' Here's what it means.
markets.businessinsider.com
After the last "death cross" struck the Dow Jones Industrial Average in March 2022, the index fell by 12% over the following six months.

  • The Dow Jones Industrial Average just saw a “death cross” that’s regarded as a bearish signal.

  • The formation involves a short-term moving average falling below a longer-term one.

  • The last time a death cross struck was in March 2022. The Dow then fell 12% over a six-month period.

My health insurance just jumped 10% - THANKS GENOCIDE JOE! Bidenomics is really winning here! Real FDR biden-leftist Maost progressive Dem!

Then you have Turbo maybe-later-honey like biaoqing-copium David Copium-man desperately trying to gaslight everyone this-is-fine

  • Red_Sunshine_Over_Florida [he/him]@hexbear.netEnglish
    7·
    1 year ago

    I hope to have the satisfaction of seeing the day when the media’s old talking point “how you gonna pay for it”, just does not work anymore. The day when the any average joe on the street tells a reporter asking about how great his employer plan is to go f off. There is a certain satisfaction in seeing that happen.

    Idk, maybe there is hope of seeing that happen given how one of the pillars of the media’s consensus, dogmatic support for Israel, has been shown to be weak among generations that came of age post 2008. If the media does not have total control over that narrative, what else are they bluffing on.