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> And in the United States, major stock-market indexes fell more than 1 percent before recovering slightly.

Ugh, the article wants to do actual journalism but then it spews out bullshit cruft like this.

Please give us thoughtful critique rather than shallow, indignant dismissal. If you explain what you mean and why, readers can learn something.

https://news.ycombinator.com/newsguidelines.html

I think the point is that “falling 1 percent” has no real information content since it’s consistent with daily volatility. You can take such random volatility and try to form a narrative around it but it’s intellectually dishonest.

This is exactly what I meant. I assumed this would be common knowledge in such a technical crowd.

We communicate every day, with a lot of different people. So the common lowest denominator is the base assumption. Assume nobody you talk too knows anything, that way basics explanation becomes part of every "chat-handshake" but the maximum number of participants can be created.

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