Here is what very highly-paid, very famous, and very influential Morgan Stanley top strategist Mike Wilson was saying thirteen months ago. I have helpfully provided an arrow on the S&P 500 when he said it.
(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.
Bitcoin $80,000?
It really is 2021 all over again.
(more…)The Heart of Darkness
There was a time that I bought the line we all get fed about private equity firms, which is that they bring their intelligence and human capital into inefficient companies to maximize value. Turns out that’s a huge load of crap, and in fact these private equity firms are basically Evil Incarnate, as described in great detail in the book Plunder. Anyway, here is a Hell’s Gallery of Satans for your perusal:
Eraserhead
Predicting the future is tough. I get that. Believe me, I’ve made more wrong predictions than I can shake a stick at, but God knows I try my best, day in and day out. Thus, I don’t get any jollies about chucking stones from this lovely glass house in which I reside, but I gotta tell ya, I’ve had it up to HERE with Elliott Wave. Allow me to present Exhibit A:
(more…)Bond Pattern
The universal opinion now is that the bond bear market ended months ago, and bonds are an amazingly cheap investment, protected by the pristine reputation of the U.S. of A.
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