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.
Ever Been Part of a Melt-Up?
This morning I noted that I did not appreciate seeing Jeremy Grantham’s note dismissed even in the slightest way and without rancor by a Biiwii author. His intro was “Here we go with the “melt-up” meme again.”, which I felt was not appropriate for our purposes, coming as it did from a writer who was cautionary all through 2017.
Look, I was pretty sure I was going to be wrong about a Q4 market top long before Q4 ended. I was led to believe that through subsequent information and analysis, most notably delivered by the 3 Amigos, who will ride bullish until their respective journeys end. At the time of the Q4 cycle forecast however, we noted that a roll over into a significant correction (at least) could actually be healthy for the market’s overall long-term bull. We also noted how a building mania would either precede the bull’s end or make the next correction much worse than had we had a top of some kind in Q4 2017. (more…)