My Uber Driver Indicator Has Been Replaced
Was having dinner at a Mexican restaurant and the waiter who turned out to be the owner’s son asked if I trade stocks because he’s “just getting into it.”
I gave him the standard response: “Be careful.”
Every time a random person with no market background starts asking about stocks, my recession indicator goes off.
Top confirmed.
EDIT: First time meeting him & within 5 minutes brought it up. My family owns a business in the same town so i related to him on that.
Retail Euphoria Turns Six-Week Fund Into Record-Busting AI Trade
Brian Emes manages a retail store in Lethbridge, Alberta, a small city on the Canadian prairie about a two-hour drive from the US border. On the morning of May 11, before opening the shop, the 43-year-old launched his brokerage app and bought 55 shares of an exchange-traded fund [DRAM] that hadn’t existed until early April.
That’s the type of article I used to read months before the dotcom bubble deflated.
30-year Treasury yield tops 5.1%, highest in nearly a year
Traders now see next Fed interest rate move as a hike following inflation surge
Recommended SLV calls for my friend who wanted to try options for first time. SLV drops 10% in 2 days
byu/callsonreddit inwallstreetbets