That's not "interesting", that's completely standard market behavior when the threat of war heightens. People are just moving their money into war stocks.
Kind of sad that someone that works at a brokerage firm knows so little about the market. Although since he said "at a brokerage firm" instead of "broker" I'm guessing he probably works in something completely unrelated like HR or sales and somehow thinks that gives him enough cache to make statements from a position of authority.
It’s Reddit, he may not work in a brokerage firm but threw that in there to get more credibility. They could also be the janitor or someone else with no actual working knowledge of the stock market.
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u/junkit33 Oct 01 '24
That's not "interesting", that's completely standard market behavior when the threat of war heightens. People are just moving their money into war stocks.