It’s said a picture is worth 1,000 words. In this case, I think five charts are worth five thousand words, because this market is pound-the-desk shortable. I’ve noticed a subtle shift in the conversation on Slope recently in which even formerly bearish participants are saying, in one form or another, “well, the market is kind of fairly valued, if you look at it this way.” The investing public has, I believe, collectively embraced the Stockholm Syndrome, and as such, you are starting to have positive feelings toward your captors. (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.