This is what generational tops smell like.
Record High Allocation
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.
Sentimental Journey
In the second half of the prior decade, people were feeling really good about life and the economy. This may explain a big part of the popularity of the presumptive GOP candidate these days. The Consumer Sentiment number tended to hang out around 100.
The Market is Stoned
Equities reached lifetime highs pretty much every single day this week, and the VIX is just about to reach an 11-handle. I just wanted to illustrate for you, going back many, many years, just how low we are with respect to volatility. Examine how infrequently we are at these levels! I have been loading up on puts CHEAPLY these days, since the entire stupid market is convinced that stocks never go down, so premium is basically FREE.
VIX of VIX Pounded to Ground
Fear and the desire for protection are zeroed out, thanks to an endlessly accommodative Federal Government. This is at an eight year low:
Hairless VIX
Well, they did it. The VIX isn’t even in the teens anymore. This is pathetic:
