No matter how many times you search, it seems

No matter how many times you search, it seems that 66% of people in the United States actually hate tip culture, but they don't know exactly why it won't go away.

Like most top-income servers, tips are motivated to receive more tips and provide better services, so they are preferred to fixed service plans that are forced to pay because they are good for employers, employees, and customers, or because tips come from voluntary acts of mercy.

Tip workers have a federal minimum wage of $2.13 and a regular worker's minimum wage of $7.25, allowing them to cover the difference of $5.12 in the name of tip credit. So if a server tips $10 an hour, the actual employer's payment is $2.13, but it covers an additional $5.12 including this amount. The tip does not disappear because the employer also handles expenses for the amount not paid.

Some restaurants often charge 15% of fixed service fees for stable employee welfare, but it becomes even more evident when you see them switching back to the tip system shortly after. An additional 20% of the food price is set as sales if the 20% fixed service fee is applied collectively. Therefore, the tax burden on the owner increases accordingly. If you receive 20% as a tip, you will not be caught as sales, so even if you reduce 20% to the amount equivalent to the tip credit, you will be able to reduce significant taxes.

The founder of Shake Shack Burger once switched to a fixed service plan, raised the basic salary of servers to the minimum hourly wage for ordinary workers, and returned to the tip system after a few years. He said it was due to uncertainty in the industry, but it must have been due to the burden of rising fixed costs and tax problems. When analyzing his chart, he often calls the name differently depending on the location of the candle. There are cans that students should never see these cans, and sell them before they see them and run away. The name is also scary. So-called 'Death of the Grim Reaper' 📈 Market Update - How long will the sluggish semiconductor continue?
Semiconductors, which seemed to be on the mend, are reeling again. ASML, the superlative of semiconductor equipment, collapsed, suggesting weaker-than-expected global demand, while TSMC, the world's largest chipmaker, cut its forecast on weak demand in global markets, marking its biggest daily fall since October 2022.
We have already suggested the high point of semiconductors (including Nvidia) and the possibility of sluggishness in future adjustments (https://t.me/itechkorea/4016) ) through the Nasdaq's "One Word of the Day." Since then, the market has been falling rapidly, mainly on the Nasdaq, especially semiconductors, due to inflation, the Fed's shift to stance, and geopolitical concerns.
As long as the main index falls well below the 50-day horizon, it is difficult to say that the situation is positive for now, but the bull market trend is still maintained. The Iran-Israel conflict has deepened the range of adjustments, but I personally maintain the mindset of seeing it as an opportunity.


These are literally terrifying candles like the Grim Reaper. These are candles that pop out in the early stages of a sharp decline in stock prices, but when they come out, several signals go hand in hand. Therefore, when you see those signals, you are trained to run away without looking back unconditionally.

Last weekend in class, the Nasdaq futures chart in the U.S. was very dangerous. And I think the Grim Reaper Candle will probably come out next week. So, everyone, be prepared. But it really came out. It also came out with a very long pole.

I can hear the song on the chart. It is the song of stockholders around the world. Stocks that once rose without difficulty such as NVIDIA, Netflix, and Meta Platforms are autumn leaves. Indeed, the bird nest cannot be safe when the tree falls, and the birds' eggs in it will not be safe.  
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The liquidity market has continued for the past few months due to expectations for a rate cut. However, the rate cut that was so hoped for will be delayed considerably. This is because the US employment index is too good and it is too early to say that the price level has yet to be set. In addition, the situation in the Middle East is unusual. Thanks to this, there are a lot of talks about a reverse pivot. In other words, interest rates could be raised again, not a rate cut.

It's a catastrophe. No, it's a catastrophe. The market is being tested, and investors will suffer for the time being. Now that the Grim Reaper has already appeared, you'd better not have hasty expectations unless there is a considerable degree of reversion.
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