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.
We’ve all heard about the college admissions scandal in which 50 parents were charged with trying to cheat to get an acceptance from elite schools for the sake of their apparently not-too-bright offspring.
As much publicity as this scandal has received, the two most well-known of the accused are these two mothers-of-the-year – Lori Loughlin and Felicity Huffman:
Most of us would agree that there are few industries as despicable as pharmaceuticals. Price-gouging, price-fixing, collusion, bribes, you name it. They try to put a halo around their heads in the name of “helping” people, but there’s no entity more devious.
Heartening, then, it was to see virtually every state in the U.S. join a federal lawsuit slamming generic pharma companies – – and their senior executives!!! – – for price fixing. As the general population begins to suffer in the years ahead, the “Revenge Society” is going to amplify and spread out. This is a taste of what is it come. I’d say TEVA is hosed at this point.
Last Friday, Larry Kudlow made an embarrassing video in front of the White House where he waved his arms around and screeched about how great the economy was. If any of us had any sense (I sure don’t) that would have been the biggest flashing RED SELL signal in all human history. Just devastatingly moronic.
Money-losing unicorn UBER is said to come public on Friday. What an environment for that to happen. We’ve got (a) the most overinflated market in history; (b) the wrecking of the China deal (c) the total flophouse of the LYFT IPO. I guess they might as well find retail bagholders while they can. Anyway, LYFT is down nearly 40% from its IPO launch, and here’s some recent intraday action thanks to my beloved SlopeCharts:
You’ve probably all read about the cover-up and how Boeing knew about the fatal flaws in their “MAX” planes and did absolutely nothing about them. (The consequence was hundreds of terrified people died a horrifying death). Boeing is down 20% since this fiasco, although in any just universe it would be out of business by now.
You just knew it had to happen. After Larry “three times married” Kudlow went on his cocaine-induced rant in front of the White House about how awesome the economy was – – you just KNEW it was destined that he would look like the complete asshole that we all know he is. And, voila: