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.
90% (my low-balled estimate) of you, the investing public, are herding when it comes to the bond market. You may not know it because the overwhelming psychological atmosphere is to reaffirm, not question peoples’ behavior. That is what herding is; a comforting feeling of going with the flow and being at one with your environment and the greater zeitgeist.
Now, please don’t be offended by the title; you dear reader may well be one of the 10%. But out there in the financial investment realm, they are herding, BIG time, as bond yields are expected to continue rising, because… media; because… “Great Rotation, part 2” and because… the story of epic secular changes and the chance to be early and clued in to a great new market phase are so alluring.
For the many years Slope has been around, quite a few Christmas traditions return year after year (which means, no, you will not escape Santa Claus Conquers the Martians in 2016 either). Here is my favorite Christmas song of all, which means it’s the diametric opposite of The Little Drummer Boy. Thank you, Vince Guaraldi. Today I especially need to hear this!
One of my favorite shorts these days is Jazz Pharmaceuticals. It’s a bit odd for me, since I know the founder of the company, but……….a chart is a chart. I think it’s got a long way to go down from here.