I’m not sure how many times we have to see this happen for me to get through my thick skull what an infallible indicator this has been. We’ll see if it pans out tomorrow.
Gartman 2.0
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.
Captured & Controlled
As I was trying to hang onto the thrilling market mayhem with the ES +0.00 and the NQ down 0.01%, I was so bored I started looking at interest rate charts. I found this one kind of interesting:
Paved with Good Intentions
Early Sunday morning, I was driving down Santa Cruz Avenue, which is the main retail drag of Menlo Park, and it was so sad. Only a few months ago, this was one of the most affluent and ritzy retail strips in the Bay Area, and yet a dozen different places were utterly empty and abandoned with a For Lease sign on the front. It was like a ghost town, even though it is surrounded by thousands of millionaires.
All of us known small business owners who have been struck down by the shutdown, such as barbers, gym owners, party centers, restaurants, and so forth. In an effort to help, the government has thrown trillions of dollars at the problem, including a multi-hundred-billion dollar SBA “Paycheck Protection Program” designed to help employees keep their jobs while their employers are struggling.
(more…)Public vs. Private
Time for another anti-government rant that’s bound to garner me more love and fans from the public service union mob.
Here are three adjacent stories that greeted me on the front page of this morning’s local paper:
As Simple as ABC
When Andrew Yang was running for President just a few months ago, people would howl with laughter at his proposal for free money (he called it the Freedom Dividend). How swiftly things change. What was now the source of risible derision is now blasting its way through the hallowed halls of Congress (hat tip to doublenaughtspy for this video):
