Not that anyone on the planet cares, but The Buffett Indicator has hit yet another level never seen before in the annals (or even anals) of history.
Oh, Look. Another Record.
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.
Time for Tesla
As shown on Slope’s earnings calendar page, Tesla is the featured earnings event for this afternoon.
In The Eye Of The Storm
In my last post on Wednesday last week I was looking at how far the current rally on equities might get, and at the prospects that peace negotiations with Iran might deliver something positive.
I was skeptical about the prospects for a negotiated peace, and the talks in Islamabad on Saturday were abandoned after a day, as there was never really anything to talk about. The ten points that the US had accepted as a basis for negotiation were maximalist demands from Iran that would in effect have been a humiliating surrender by the US, and the alternative proposals from the US team on Saturday were maximalist demands that asked in effect for a humiliating surrender by Iran. The talks never had any realistic chance of success or even progress on this basis.
(more…)Overmatched
Good morning and Happy Friday, everyone. It’s been quite a week!
Yesterday marked the 7th day in a row for tech stocks to blast higher, undoing almost all the damage from the Iran War (or whatever they’re going to wind up calling it). The Dow Industrials, for its part, has added literally over three thousand points to itself in a matter of days.
