Delusions of Grandeur
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.
Wine and Roses
Well, folks, here are the predictions for where the S&P will be at the end of 2025.
On two things you can rely: (1) there has never been an analyst in the history of the world that has ever predicted anything but substantial gains (2) every single one of them will be wrong.
So, 7100 on the S&P, eh? Okay!
These Rare Depths of Complacency
Allow me to present to you over a third of a century of volatility data, which is everything I’ve got to show. I have tinted all the instances in which doe-eyed complacency has been at, or lower, than the risible present price levels. My point is simple. This will not sustain. It never has.
Six Figures
Bitcoin, as surely you must know by now, blasted above $100,000 yesterday evening. It had tried late last month to cross the magical Big Round Number (red oval) but failed to do so rather spectacularly. This time, is strapped on its rocket boosters and ripped thousands of dollars higher within minutes.
Passive Aggressive
Well, here we are again. The VIX is barely hanging on to the teens. This is the low part of the range for the year. Think this might be a good time for a bit of a surprise?
