Well, I guess the universe of self-important, upper-middle class "spiritual" women isn't what it used to be. One of the former mo-mo stocks, Lululemon, is down nearly 10% this morning. I haven't traded this one in a while – – it's not a particularly engaging chart – – but it's nice to see this token of some of the worst aspects of our civilization take a hit. Time to go meditate.
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.
Say What You Will, But…….Up 180,000%
Skank Tank Bank
Regular readers know of my fondness for shorting skanky-clothier Abercrombie & Fitch. This was a marvelous short back during the glorious days of 2008, and – – as with so much else – – it's repeating the same performance. This is my best performer today.
Long or Short? Guess.
Consumer Debt Bubble Looming?
Data released on May 7th shows that consumer debt levels rose again and are now at their highest levels since January 2000, as shown on the graph below.
As you can see, the "boom and bust" swings have been steadily widening since that time, which indicates "increasing volatility" in this type of psychological behaviour…some may call it "unstable and unsustainable."
