Insufferable data dork and chart nerd that I am, I was curious about the correlation between federal tax receipts and the stock market. Let’s just say they are pretty much joined at the hip:
Taxes and Stocks
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.
NATO Numbers
I’d say the ol’ US is doing the lion’s share of funding, for sure.
Slowly, Then All at Once
Order in the Court
This is NOT an invitation to talk politics, since Slope is focused on financial markets. The election this year is germane, we can all agree, to the markets, so I offer this video simply because, by any objective standard, this is an historic day for the Supreme Court, and we have the opportunity to listen in as it happens.
Worst. Investment. Ever.
This chart from Real Investment Advice is quite interesting – – it illustrates how $43 trillion in cumulative government “investment” in the economy has yielded $5.7 trillion in real GDP growth. In other words, for every dollar the government “invested”, 13 cents of good came out of it. This goes a long way to explaining why we’re $34 trillion in debt, and it’s only going to get bigger by the second. It’s all for the simulacrum of prosperity.
The stock market has never been higher. Look out your window. Does the world seem like it’s never been better? Yeah, that’s what I thought.
