• el_muerte@lemm.ee
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    3 days ago

    the dreaded “death cross,” a historical indicator of a likely downturn for the company

    […] occurs when a company’s 50-day moving average crosses and drops below the 200-day average.

    Fuck Tesla and all that, but holy shit is that standard ever a depressing indicator of to just how reliant late stage capitalism is on endless growth that a tiny dip after half a year of stagnation is a reliable indicator of a company’s imminent failure.

    • desktop_user@lemmy.blahaj.zone
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      3 days ago

      you can either have a system with loans and endless growth or a system where actual ownership is required and stagnation is allowed.