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.
In 2020 and 2021, there wasn’t much doubt which way the market was going. It wasn’t just the Mag-7. This post pertains specifically to the equally-weighted S&P 500, which is a much more fair and honest representation of the market than, let’s say, the normal S&P 500.
I’d like to visit this Tesla analog again, since it’s particularly relevant due to Wednesday being TSLA earnings day. It sounds bonkers, but I’d like to propose that it is not outside the realm of possibility that TSLA will drop another 10% in the next few days, even though it has already lost 22% of its value just in the past few weeks. Below is the analog I am tracking, which I find intriguing, to say the least.
As some of you may recall, I lost both my parents in recent months. My mom died last September, and my father in December. They were 93 and 92 years old, respectively, and both died very peacefully in their own home after living many, many years, which is really all of us could hope for.
My siblings and I cleared out all their belongings, from everything as big to a bed to a small as a scrap of paper (of which there were thousands). One item in particular is something I wanted to share:
This chart from Real Investment Advice is quite interesting – – it illustrates how $43 trillion in cumulative government “investment” in the economy has yielded $5.7 trillion in real GDP growth. In other words, for every dollar the government “invested”, 13 cents of good came out of it. This goes a long way to explaining why we’re $34 trillion in debt, and it’s only going to get bigger by the second. It’s all for the simulacrum of prosperity.
The stock market has never been higher. Look out your window. Does the world seem like it’s never been better? Yeah, that’s what I thought.
