I guess this explains why a modest house in Palo Alto is $4 million.
Consistently Comfortable
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.
Does Toothpaste Cure Cancer?
Want to see just how stupid the stock market has become? Look at Colgate. It has gone absolutely crazy. They make freakin’ toothpaste, people. Their P/E should be 5 or so. What is it instead? Over 30. Thus, a toothpaste and soap company is being valued like a biotech firm on the verge of curing cancer.
Tan Lines
If – – – I say again, if – – the market slips lower in the near future, it will be a pitch-perfect reversal away from the insane strength we saw from August 5th through Powell Pivot Day. The lines I’ve highlighted below, with to-the-penny values, make plain the gap levels which, gosh, I’d love the market gods to respect.
The Post-2020 History of the 10-2 Yield Curve
The 10yr-2yr Yield Curve is poised to un-invert under disinflationary, possibly coming deflationary pressure
We know the story. A disgusting virus spread across the world…
Swiss Aristocrats
