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’m typing this on Tuesday night. Early on Monday morning, I did a pre-opening post called The IHS Threat which – – awwww, hell, c’mon, go read it yourself. If I wrote it at 5:30 in the morning, you can surely trouble yourself to read it without me summarizing it. In any case, the “threat” is looking very close to “reality” at this point:
The ridiculous public company WeWork continues to crumble to lifetime lows in the midst of its unhappy face pattern:
I’ve mentioned in recent weeks my uneasiness with the surge in paid subscriptions, since I’ve seen this movie before – – – if the market sells off really hard, THEN people show up wanting bear ideas, often when the selloff is just about over. This morning I got a cancellation notice (I read every single one) and I noticed immediately how short-lived this “Foul Weather Friend” stuck around (I have blotted out the name as a courtesy, since my objective is to make a point and not “out” the person):
Below is an updated graph of my Most Important Chart Ever (MICE) which is the S&P 500 cash index divided by the ten-year interest rate. Quite clearly the days of ZIRP are behind us, and the one-two punch of higher interest rates and lower stock prices seems most likely in the years ahead.
