Transports Ready to Free-Fall
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.
So Sick of Symbol
Every single day. Nvidia, Nvidia, Nvidia. As you can plainly see, it’s pretty much the only thing that’s going up anymore. Friday was a sea of red, which is why NVDA sticks out so much (and keep in mind, this is on the same day that the NASDAQ hit the highest point in the history of the universe).
Americans Spending Their Money
American consumers remain among the biggest, and perhaps strongest spenders on essential and non-essential goods, however rising prices and sticky inflation are seeing overall optimism sink as their savings accounts are being drained and credit card debts start to pile up.
Though consumer optimism may be reaching levels last witnessed in the 1980s, broader consumer inflation continues to decline with May seeing a 0.1% decline in the consumer price index (CPI), and with year-over-year inflation ending the month at 3.3%, according to the U.S. Bureau of Labor Statistics.
While prices of goods and services may be cooling, many Americans aren’t leaving the grocery store with more in their shopping carts. In fact, many consumers now feel less positive about the current state of the economy compared to the last quarter of 2023.
(more…)Transports Turn Tail
Precisely 100% like I said: this is a fantastic top, and it’s almost complete. Banzai!
