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.
Deck the halls, because it’s the most wonderful time of the year – on Wall Street.
Well, that would most likely depend on who you’re talking to, and whether you’re steering the conversation in a direction towards bullish sentiments over the ever-fantasized Santa Rally that makes an appearance once a year.
Fund managers and investors are hopeful that the upcoming month and early days of January could provide them with a major upside, as they shrug off earlier losses and navigate the potential hard realities of investing in a market fraught with stick inflation, high-interest rates, and under-valued stocks.
E-commerce Juggernauts Going Further For Longer
Search. Click. Pay. Collect.
While the online shopping market segment has seen a bit of normalization since the decline of the pandemic; e-commerce continues to dominate the retail market, quite literally. In fact, the pandemic years were only the beginning, as it’s looking to be yet another eventful year ahead for some of the biggest and most successful names in the business.
Don’t believe me? Well, listen to the numbers talk. Globally, there are more than 26 million e-commerce sites. In the United States, there are already more than 9.5 million e-commerce platforms, and the number is only growing.
About Time Tech Stocks Begin To Reward Investor’s Patience
Third quarter earnings season is heating up Wall Street. Investors and analysts are keeping a close eye on the upcoming earnings sessions of some of the biggest mega-cap technology companies, hoping that they will deliver better-than-expected returns against the backdrop of sticky market conditions.
Most investors are holding their breath, as the Magnificent Seven – Alphabet (NASDAQ: GOOGL); Amazon (NASDAQ: AMZN); Apple (NASDAQ: AAPL); Meta Platforms (NASDAQ: META); Microsoft (NASDAQ: MSFT); Nvidia (NASDAQ: NVDA); and Tesla (NASDAQ: TSLA) – are set to release their quarterly earnings in the coming weeks. These seven household names have added almost $4 trillion in market capitalization this year.
Both oil and natural gas prices have been off the charts in recent weeks, following the announcement of major exporting countries – Saudi Arabia and Russia – further extending their cuts in oil supplies until the close of the year.
The announcement made earlier in September was a shock to the system for some analysts, and left many to reflect on the greater determination of both exporters to continue their slower output, which would further reflect in rising oil prices.
On average, Saudi Arabia will cut around one million barrels a day, while Russia is estimated to decrease its output by roughly 300,000.
The Federal Reserve continues to hold an aggressive position on sticky inflation. The central bank recently approved a much-anticipated interest rate hike of 25 basis points, pushing their benchmark borrowing cost to the highest level in more than 22 years.
During its most recent meeting in July, Federal Open Market Committee (FOMC) Chair Jerome Powell announced that the Federal Reserve will continue its monetary tightening, raising the rate to a target range of 5.25% – 5.5%.
The last time rates were this high was when George Bush was still president.
However, the central is not yet finished with its aggressive monetary policy, and there is currently a 20% to 30% chance of yet another 25 basis point rate hike in its upcoming meeting in September according to a federal watchdog, CME Group.