I’ll be the first to admit, if you asked me Tuesday, I’d say the odds of this were about zero.
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.
Vix Analog
As the VIX got pounded back into the sub-teens today, it occurred to me to compare the present activity to the period preceding the financial crisis. What I found was interesting. The chart below (click it for a much bigger version) shows 2003-2007 on the top and recent history on the bottom. You may notice a lot of similarities between the top and bottom, and I’ve drawn a red line at the top showing the equivalent of “right now”.
It’s Something This Time
It’s a pretty quiet morning, except for the 3,893th rumor about some kind of OPEC agreement (which, again, was dismissed). Glancing at small cap equities, it’s startling how swiftly they undid the damage from two Fridays ago (tinted below):
Worldwide Collapse in Throw Pillows
I am constantly picking on Pier One here on Slope (here’s a specific one), and with good reason – – I think it’s heading for another collapse, just like it did during the financial crisis (when scented candles and useless imported trinkets fell out of favor). I think we’ve got a long way to go still.
