Here is a diagram of what the top and bottom deciles of various countries earn (in normalized units). The United States has the most grotesque spread of them all.

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.
Here is a diagram of what the top and bottom deciles of various countries earn (in normalized units). The United States has the most grotesque spread of them all.
I cannot think of ANY person I’d rather have on the other side of a trade. I will embrace my moniker of loser and failure with pride, particularly since MTG has a far more masculine face than I ever will.
I have really been nailing US equity markets so far this year. I published a post on Wednesday 19th February, the day the SPX made the current all time high, looking at the high quality double top setups on SPX, QQQ and DIA, and the ok quality H&S on IWM, and all those topping patterns have now reached target with DIA, the last to reach target, hitting that on Friday.
I published a post on Monday 18th March looking at touches of the weekly 3sd lower band over the last few years and calling for a rally lasting at least a week or two based on the past history of similar setups on the weekly 3sd lower band, and we saw that too.
(more…)