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.
Tim Pennywise
Labor Pains
As I was walking toward the football stadium yesterday in the obscene heat of midday, I saw a grandfather point out to his young grandson the large piece of machinery they were passing. I think they call it a cherry picker, and the old fellow explained, “They get up on top this and reach way up high and replace any of those lights.”
The five-year-old gawked skyward and, resuming the walk, replied, “Yeah, that’s true, they, they, what they can do is they can reach anything and they can replace any light.”
I’ve heard this kind of interaction many times: an adult will inform a child about something, and immediately the child will begin to speak about the topic at hand as if he was a lifelong expert, speaking in such a way as to suggest that, at long last, someone is going to inform the adult what’s actually going on here on Earth. It’s sweet, in a way, but it’s also painfully arrogant, since the child obviously has absolutely no clue what he’s talking about, and he’s evidently just talking for the sake of talking.
(more…)The Telethon!
Here’s a clip from the late Gilbert (on the late Norm’s show) about something I grew up with every Labor Day.
Weekend Index Review
I trust everyone is having a relaxing long weekend before we plunge headlong into almost three solid months of uninterrupted mayhem. Let’s look at some of the more important markets.
There’s certainly a theme to these, which is that we are, on the whole, range bound. The maddening thing about range-bound markets is that one is either terrified of a breakout or excited about a breakdown, but neither seems to take place.
