Autocratic for the People
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.
Emerging Markets in One Stock (by LZ)
I saw this stock mentioned in my social media feed this morning. CK Hutschinson 0001 in Hong Kong.
This is a great stock and a great chart because it sits at the center of multiple macroeconomic trends.
Bull case for emerging markets can be boiled down to a few points.
First, they’re as cheap as they were in the early 2000s if not cheaper. By sector analysis, where you compare tech to non-tech, they’re cheaper. I’m using the Templeton Emerging Markets Fund $EMF as a proxy here.
Continental Drift
This shows where the money is located. India has a lock on poor people, whereas North America seems to have more than its fair share of the Lauren Sanchez type. Oh, I forgot. She’s “a helicopter pilot.”
Eastern Wither
It seems that a Communist dictatorship pretending to be a proper business environment is starting to show cracks in the facade, as China (represented here by way of FXI) continues to crumble away. If a country fund looks THIS bad in a year which has been laughably and insanely bullish and overvalued, you can only imagine that a weak world market would be like. Of course, the most common theme for 2024 is to BUY CHINA since it’s so cheap. Well, prepare for it to keep getting cheaper.
Because Strong Global Economy
The last splash of economic data from this week’s tidal wave was from Europe, and let’s just say the Continent continues to shrink in fiscal strength………
