I’ve pointed out before that the most positive thing for gold, in my opinion, would be for the USD/JPY to break down. It is still – – ever so slowly – – continuing to shape up that way.(more…)
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.
The poster child for “Has-Been” countries. The United States is next in line for that title, though.
It’s heartening to see that on a morning where the NQ is already up nearly 300 points (WTF???) that my “all-in” put position on Brazil (EWZ) is doing well. The ETF is down 1.81% as of this moment. My puts are up 25%, but I’m dreamin’ big on this one.(more…)
Relations between the United States and China have worsened over the last few years. The trade tariffs, the novel coronavirus, the Hong Kong security law, the closure of consulates, and China’s expansionist mindset have all contributed to the downturn in the US-China relations. The growing anti-US sentiment in the world’s most populous country could hurt American businesses that have a strong presence in China. Here we take a look at the top 10 US companies with the highest revenue exposure to China.
Contrary to the popular perception, Apple generates only about 17% of its revenue from China. Boeing, Caterpillar, General Motors, Starbucks, Nike, and Ford are some other US companies with a strong presence in the country. But none of them get more than 25% of their revenue from China.(more…)
Food for thought – – the price gap on the Brazil fund is rapidly approaching. It might be a short-sale worth considering, using the price gap as a stop loss price.