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.
I was originally going to title this post “Jackie DeAngelis Must Die”, but I thought she might take it the wrong way.
Anyway, earlier this week, Ms. DeAngelis “interviewed” famed short-seller Bill Fleckenstein on (gack, choke) CNBC, every permabull’s favorite network. Right out of the gate, she attacked him:
You can watch the interview at the bottom of this page if you want, but I can save you the time by simply stating Mr. Fleckenstein was ambushed by a trio of CNBC permabulls, deriding him for missing out on the past five years of market rally. (more…)
I was drawn to the chart of Rent-a-Center based on the fact that it seems to keep failing on its bounces to around $30, but my interest in shorting in was heightened only by the fact that, frankly, I think businesses like this are kind of scummy: they exploit the desires of the lower classes for the goodies and gee-jaws of their better-situated Americans by allowing them to rent, instead of own, consumer knick-knacks. The whole thing smells bad to me, thus I take particularly joy in shorting them.