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by OscarCunningham 1265 days ago
> s&p isn’t going up by 7% right now

It always sounds weird to me when someone uses the present continuous tense to refer to the rate of change of stock prices. Like, how are you taking the one-sided derivative of a fractal?

2 comments

I bet you’re fun at parties. The right way to phrase it would be to throw in a “YoY” but clearly you care too much to ever let someone on the internet dare to make such a pedantic mistake. Try contributing to the conversation instead of detracting from it.
Pick a shorter timeframe like one month, calculate annualized rate.
That's a bad idea, since equities have a lot of calendar events and a given month is never representative of a year's performance.
Then you'd say 'the S&P hasn't been going up at 7% recently'.
The pedantry hasn't been making you a more effective communicator recently.
Welcome to finance: if you're not being pedantic, you're probably trying to sell a lie. Verb tense absolutely matters.
Does anybody here believe aardvarkr was trying to sell a lie with their casual verb tense?
pick 3 months and try it.