Based on a number of metrics, banks’ overall lending willingness is in contraction, and resembles what tends to happen leading into recessions.

pic.twitter.com/6S81mj7XER — Lyn Alden (@LynAldenContact) December 8, 2022 https://twitter.com/WallStreetSilv/status/1600938685876572161 Nearly 70% of Americans struggling to pay grocery bills, per Fox Business News. — unusual_whales (@unusual_whales) December 9, 2022 The APR on the average credit card just hit a record 19.40% …

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Just like in the dot com bubble, all the supporters of the stock started dreaming up new “metrics” to use to evaluate the company like user growth, time on site etc.

Meanwhile, all the traditional metrics were being downplayed as no longer being relevant or important. If we need any proof of this occurring then just look at what happened when analysts started asking serious questions in his conference call. Tesla …

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