The market has pretty much gone nowhere for weeks. Below is the NASDAQ Composite, and the value is essentially where it was just over a month ago. (more…)
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.
In what, for the moment, must be a terribly-embarrassing example of bad timing, John Mauldin yesterday made a huge hoo-ha about being so bearish on the yen that he converted his mortgage into it. In other words, his view was that the yen would plunge in value and, thus, make it cheaper to pay off later in US dollars. (more…)