More Evidence a Crash Is Coming

Source: American Consequences
by Greg Diamond

“Fear and greed are important aspects of market analysis. These factors can be hard to quantify. But sometimes, they can also be so obvious that you just can’t ignore them. Take this recent exchange I had with a friend, for example: Friend: Hey Greg, do you have any fun stocks you’d recommend to me? Me: What are ‘fun stocks?’ Friend: I normally just buy exchange-traded funds, but I also like to throw a few thousand bucks on a stock just for kicks … Random stocks are just fun to see if they take off. Me: We need to talk. Let me call you back next week. I haven’t called him back yet. But when I do, I’ll explain to him how dangerous this can be. ” (01/10/22)