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.

Feeling the Bern

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There’s much truth in the saying that one should never mention two things if he wants to avoid an argument: (1) religion (2) politics. Religion doesn’t come up here too much on Slope (except obliquely from those drawing conclusions regarding the members of the Federal Reserve Board), and politics even less. I suspect many Slopers tend to tilt rather Libertarian, as I do, but I wanted to voice my enthusiasm for Bernie Sanders, which surprises even me.

As a young man (that is, a teenager), my politics were described in one simple word: Reagan. He was President at the time, and the message he put across (whether actually true or not) resonated with me. During my college years, and early in my married life, I tilted more and more Libertarian, until I reached the conclusion that the vast majority of people are simply too blinkered to live with a government where personal responsibility and self-actualization were the norm. If we had a nation of Slopers, Libertarianism would be the way to go. Or, failing that, having Dutch as benevolent dictator.

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Tsipras Wilts

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Pfft. And for once I thought the earth had found a politician who was bold and firm. What a joke! This guy was able to defy authority by defaulting for literally a few hours. Then it’s all back to kicking the can down the road. What a feckless wimp.

0701-wimp

As impressive as the little chart above looks for the bulls, in the context of the broader market, it means just one thing to me: better prices for shorting. Which is just what I’ll be doing today.