Errr. Here’s a medal.
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.
THAT De-Escalated Quickly!
Potent Predictions
I know we’re well into 2024, but this is still well worth watching:
Gobble, Gobble
If there’s one thing you can count on from ‘Mericuh, it’s the endless consumption of stuff. That is playing out beautifully, decade after decade, by way of the big box retailers. There was a time when a company selling gallon jugs of mayonnaise and 1000-packs of Ibuprofen would have merited a P/E ratio of 5, instead of 51, but these are not normal times. Lifetime highs, everywhere you look:
Bloody Nose
Over a period of many years, what percentage of days is the stock market up versus down? Any guesses? Given what we’ve seen over the past decade, my intuition is something like 95% to 5%, although lately more like 100% to 0%. The truth is actually 54% to 46%, which I know is very hard to believe, but that’s what the data says.
This month (the ostensible “Sell in May and Go Away” era) the market goes up every single tic. We are now, as you well know, at levels never seen before in human history across the board.
