Good Lord, it’s quiet out there (more on that at the end of this post). I was just poking around with the S&P 500 chart, which goes back more than a century, and I changed it to quarterly bars. It isn’t a drop-dead amazing analog, but I’ve got to say that there’s about a twenty-year stretch of time a century ago that looks awfully like the most recent twenty years. The first 40% or so, completely wobbly, followed by a I-am-never-going-down consistency. Interesting stuff.(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.
Preface to all parts: It’s that time of year again. I have written over 30,000 posts during the long history of Slope, and at the end of each year, I gather up what I consider the best of the prior year’s offerings. At the end of every year, I assume I’m utterly out of material, and yet at the same time, I look back with amazement at all the terrific posts from the year that has just completed. I’m not sure how long I can keep this up, but my concerns of content exhaustion have been proved wrong since March 2005. For your reading pleasure, I offer the following Best of 2021 Posts:
One trader gets absolutely WRECKED with a single stock
About Last Night
Elon Musk top-ticks the price of DOGE with his strange SNL hosting gig
Inflation Denial & Where To Stick It
Jerome Powell REALLY gets the point!
A vivid analogy about ancient lakes and modern-day cryptocurrencies
The Last Bus
Airport thoughts about machines replacing human workers
They Rang the Bell Loudly
The media unwittingly nails the top of crypto to the second
Get to Work!
Where are the humans we need to get jobs done?
A gorgeous reversal from the trendline as well as a shooting star on the MidCaps…….
This is a fascinating and mesmerizing video showing the grouping of China’s various ages, and it has been projected to the end of this century.
Surprise level: ZERO. Americans are simply not going to pay $80 per month to ride a stationary bicycle in their homes forever. They want cheeseburgers. Not avoidable labor. Even with this ridiculous Santa Claus Rally, PTON keeps slipping lower, and I suspect it’ll keep grinding toward the single digits next year.