Basically if number goes up, then that doesn't really effect your company's finances and they cannot afford a pay rise. If number goes down, they're sorry but they need to lay you off.
Basically, it's based on the value of a bunch of big, publicly traded companies. The whole "when the markets go up it means more economy" thing is an oversimplification, but it kinda works in that when things break profits go down, and so does the value of shares in ownership of them.
Christians: "This war, waged by Christians after a vote won by Christians, isn't what Christianity really is! It's actually how I interpret the good parts of the Bible."
12 Comments
null@lemmy.org · 37 pts · 154d
Imagine dying for the Epstein list.
Agent641@lemmy.world · 35 pts · 154d
Thank you for your brave sacrifice. Now watch me make this drive.
superduperpirate@lemmy.world · 14 pts · 154d
“Hey, if I eat the frag, I won’t have to spend all weekend getting hazed because my NCO found a pube inside my toilet during field day inspection…”
WeavingSpider@lemmy.world · 11 pts · 154d
And I still have no clue what DOW is or what it is supposes to do.
r00ty@kbin.life · 36 pts · 154d
Basically if number goes up, then that doesn't really effect your company's finances and they cannot afford a pay rise. If number goes down, they're sorry but they need to lay you off.
bstix@feddit.dk · 13 pts · 154d
It's a stock market index, which roughly shows if the market is going up or down.
In reality it's more like a casino roulette where everyone is betting based on previous wins.
CanadaPlus@futurology.today · 1 pts · 149d
Except you definitely win over the long term instead of definitely losing, because Meta is a real company that gets real money off of it's customers.
whyNotSquirrel@sh.itjust.works · 3 pts · 154d
is supposed to go up
CanadaPlus@futurology.today · 2 pts · 149d
Basically, it's based on the value of a bunch of big, publicly traded companies. The whole "when the markets go up it means more economy" thing is an oversimplification, but it kinda works in that when things break profits go down, and so does the value of shares in ownership of them.
somethingsnappy@lemmy.world · 6 pts · 154d
The sheer number of people that won't get the homophone. This is the way.
explodicle@sh.itjust.works · 2 pts · 153d
Christians: "This war, waged by Christians after a vote won by Christians, isn't what Christianity really is! It's actually how I interpret the good parts of the Bible."
somethingsnappy@lemmy.world · 1 pts · 152d
Still missed it?