For whatever reason, the world of advertising agencies absolutely stinks lately. Even in this crazy bull market, the big six public companies in this sector are withering away.
Post Mad-Men
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.
Silver Bells
For a while last year, I became almost single-mindedly obsessed with silver. I’ve got to say, I wish it had remained so, since just buying SLV and kicking my feet up would have saved a lot of thought and tension! In a more positive light, my endless yammering about silver as a long position has turned out to be a good disposition.
The Fib is Holding
Perhaps I’m making too much of it, but I’m impressed how well the Fibonacci has done in pounding the /RTY back down:
China. Again.
The China trade wars from the first Trump administration were tiresome, since they went on for months, jolted the market every time there was an announcement of “trade talks are going well” (it became a meme at the time), and, in the end, resulted in a laughable deal in which, effectively, the United States paid a huge sum of money for the sake of the creation of a few tens of thousands of jobs to make the whole charade look like a success. Suffice it to say, the U.S. didn’t dominate China after those talks were done, nor will they do it this time.
Even so, the fresh memory of the giant rally about a month ago (green tint) based on nothing more than Bessent and China putting a pause on tariffs, compels people to continue to load up on stocks, since Bessent is in London at this very moment doing Round Two with his counterparts from the middle kingdom. I imagine before Tuesday’s session is over, there will be some other flavor of “trade talks are going well, and we’ll meet yet again”. This will go on until the end of 2028.
