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.
Borrowing Toward Ruination
Me, Myself, and I
Time for a Culture War post, and one in which I actually am going to hide most of the content behind a paywall, since I’d rather have the privacy of conversing with my paying members on most of this one. Let’s start with this:
Pattern Failures
Below is a good example showing why pattern failure is as important as pattern success. On multiple occasions, this chart (the German stock market) SEEMED like it was breaking down, but instead (see arrows) the market rolled its eyes, flipped off the bears, and blasted higher. Patterns have value when they succeed AND when they fail.
Equities in GDP Terms
Below is a ratio chart of the S&P 500 divided by the Gross Domestic Product since 1947. It has never been higher. It’s higher than it was in the “Nifty 50” error of the mid 1960s. It’s higher than the absolutely peak of the Internet Mania of 2000. And you know something else? The GDP data hasn’t updated since Q1 or this year, so 4/1/2024 is the most recent data. It’s even HIGHER now! Suffice it to say, this is going to end really, really, REALLY badly.
