C’mon, bulls. You seriously only can muster a few hours of strength? With tens of trillions of dollars of government debt supporting you? You disappoint me.
Well, THAT Was Quick
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.
Move Over America!
China’s Luxury Goods Market Is Making A Comeback
While nearly 78 percent of Americans are living paycheck to paycheck, an increase of 6 percent between 2022 and 2023 according to a recent survey, Chinese consumers are showing up and dishing out luxury goods and services as the market is set for a strong recovery in the year ahead.
In the latest China Luxury Report by Bain & Company, analysts predict that China’s luxury goods market experienced a comfortable 12% year-on-year increase in 2023. The rebound has seen China’s domestic luxury goods market recover from previous declines during the pandemic years, however, is still slightly below the record level of 2021.
(more…)Staring at the Ceiling
Happy Wednesday, everyone. This is one of those rare days than I celebrate equity futures being green. My assessment (and hope) at this point is that the futures will fight their way back to the horizontal lines I’ve drawn. I reserve the right to change these, of course, but these are my best approximations right now on the S&P 500 futures……
