Here’s a good example of how percentages can definitely tell a different story than absolute values. Anyone ready to invest in South Sudan?
What’s This Weird Growth?
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.
China Deal: So What?
During the weekend of October 25/26, the final TACO act was performed when Bessent and Trump proudly announced that the trade war with China was suspended for a full year. Trump called the meeting a “12” on a scale of 1 to 10 (Ha ha! Oh, that guy! What a card!)
The market rallied mightily. But now it’s done. 100% of the idiotic rally has been laid waste, and no facts about the meaningless “deal” have changed. God, people are gullible.
South Korea is Cooked (by LZ)
Island reversal on the ETF.
Big reversal candle on the Kospi.
USD/KRW has an increasingly bullish setup with DXY separately building a bullish base.
To top it off, Korea has some of the worst demographics on Earth in addition to being perhaps the most crypto-crazy nation on Earth.
(more…)Nobel Dominance
The Sorghum Triumph
The wheelbarrow full of uncertainties we all faced at the start of this week has lightened considerably. The penultimate FOMC is out of the way, and three of the five mega-earnings are also done. The biggest news of all is that the risible China/U.S. trade “war” has been set aside – – yet again!! – – but this time, a full year instead of 90 days. What a triumph! And China better mind its Ps and Qs. After all, we’ve got soybeans and sorghum………..
