It seems that ceaselessly rising prices of eating out (even at utterly forgettable places) is starting to put some unwanted heat on restaurants.
Not-So-Fine Dining
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.
Intel Outside
How the mighty have fallen. This is truly amazing: Intel used to be TWICE as big as Nvidia. Now, Nvidia is TWENTY TIMES the size of Intel. The senior management of Intel clearly has no clue what it’s doing (which is why they just got tens of billions of dollars of your tax money for the CHIPS act scam).
Selling Sad Food Short
One interesting item that Scott Galloway sad was that, to make money, get as close to giant piles of cash as you can. In other words, in this increasingly horrific world of unprecedented wealth inequality, the place one should pursue a career is one associated with the top 0.1%, since that’s where all the wealth is. I’d like to turn this idea on its head and suggest that being poor is going to suck worse than ever, and the kinds of dismal places that not-rich people eat are going to suffer as well. I thus present to you the following:
Seven Semi Stroll
Since this is a semiconductor-obsessed day, let’s look at some that don’t rhyme with the phrase “get rid-i-a”.
Expensive Capital Investments (by LZ)
What do CHTR and SBAC have in common? Expensive infrastructure. Cable and cell tower networks, respectively. Maybe there’s more to the story, but they have performed similarly.
CHTR looks more at risk here given the top is complete and back tested, moreover we all know cable is bleeding subscribers. Real median income is already down more than 4% back to the 2019 level thanks to inflation (1990, 2000, 2008 recessions and now highlighted). If there is a recession ahead, my hunch is cord cutting will surge again.
