• Here's the bizarre ritual traders followed on Friday the 13th to scare away evil spirits

    7 monthes ago - By Business Insider

    Wall Street traders had a fun ritual every Friday the 13th to scare off evil spirits that could crash the stock market.
    They called it "Hat Day," and wore silly headgear, pretending to ward off the evil spirits.
    The ritual ended after the 1987 stock-market crash.
    Hat Days "are sorely missed," said Art Cashin, the veteran trader at UBS Financial Services.
    Happy Friday the 13th !
    For many years, Wall Street traders dealt with their imagined fear of a market crash on this day with a bizarre tradition. Even they couldn't escape Triskaidekaphobia, the fear of the number 13.
    In a note on Friday...
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