Surprised It’s Not Higher
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.
Falling Dollars
Over the past month, I’ve mentioned “dollar stores” as appealing bearish candidates. Those are clicking along nicely. First we have symbol DG, which is Dollar General:
The Gap Store
The ETF for retail (symbol XRT) failed its breakout several weeks ago, and it is approaching its price gap. I’d say this is a solid bearish position so long as it does not violate that price gap level.
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…)To Market, To Market
I had never even heard of Facebook Marketplace, but apparently this is setting the world on fire. I’m actually more intrigued that Craigslist is falling to pieces. My experience with Craigslist is that it is entirely populated by freaks, weirdos, and scam artists, and I avoid it like the plague.
