Where does their revenue come from?
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Not-So-Great Expectations
Of course, now that NO ONE is expecting a recession, it should hit us like a nuclear bomb in 2024.
Investors Call it Whipsaw Wednesday For A Reason (by AlgoTradeAlert)
Stock Market Update Wednesday December 20, 2023 Investors Call it Whipsaw Wednesday For A Reason. This morning opened with bullish sentiment after consumer confidence exceeded expectations at 10am. This welcome news stemmed from the decline in both interest rates and gas prices, injecting optimism into both the “present situation” and “expectations” components of the index. The housing market also offered a ray of hope, with existing home sales experiencing a slight rebound from their 13-year lows, likely spurred by the decrease in mortgage rates. However, this positive economic data couldn’t sustain the momentum. Despite a two-week rally triggered by Jerome Powell’s initial mention of potential rate cuts, stock investors hit the sell button today and reversed course in the late afternoon, triggering a sustained selling spree across major indexes.
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