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.
Friday we had a bearish reversal day when the market opened
higher closed lower / red. In a normal
world I would have considered it as the signal for a top and trend reversal.
But in this day and age of new normal, I am asking myself, was it a failed tests
of the high and I am not convinced that it was so.
The gloomy galloping global marco monetary picture of our times has been discussed ad infinitum at this point, and four deft distinctly defined models have now clearly emerged, laying out the most probable route taken to our ultimate unenviable dystopia. These dreaded dire dangerous paths have been best championed by the following fabulous forecasters; David Stockman, Jim Rickards, John Maudlin & Ray Dalio. I have dubbed them the four macro horsemen of the coming apocalypse. Out of the furious fab four, only Ray Dalio riding the dark horse on the right, handily holding a weighing balance dubiously dangling in mid air, believes we could possibly avoid a dooms day debacle. Although even he has warned that it is a painful perilous long winding road we travel down, full of potential precarious pitfalls.
Over and over across every conceivable media outlet one headline is
carried far more repeatedly than a Lindsey Lohan arrest. “Raising taxes
on higher income earners.”
Personally I’ve grown tired of all I hear from far too many in the
media and people in general. Most arguments have bordered on pathetic –
and I believe I’m being charitable.
Most say (or think) they understand this issue, however it’s fairly
obvious once they start speaking – they don’t. When one tries to engage
the logic (or lack of) they get shouted down or brushed off. This
discussion mirrors when parents and teenagers argue why or why not to be
grounded. It’s all just emotions gone wild. Leaving most entrepreneurs
unable to open their mouths as to defend wrongly placed assumptions or