Search Results for: bob ross

To The Top of Mt. Everest (by Bob Kudla)

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The market has been climbing relentlessly higher since the March 2009 bottom.  Last week I discussed the drivers of this movement, and this week, I will discuss the four remaining tools/events left to push the market onto new highs.

The price of oil, oil is the lifeblood of our economy, and acts as a tax when it rises, and a regressive tax at that.  Lowering oil prices will provide a growth story to the markets.  It is clear, at least to me, that the price of oil is being elevated in the paper markets, while the fundamentals are supporting lower prices.  If I were a Central Banker that can control the paper markets, and need a cheap boost to growth without using up my spare monetization dollars, I can flood the market with naked short contracts and drive down the price of oil. 

The Saudis today are reducing production, they are doing this because they see a glut coming, and are trying to get ahead of it.  The U.S., Canada, and Iraq all increased production last year, and are on tap to increase it again in 2013.


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The Myth of Midget Porn

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I spend as much time as possible in my home office, surrounded by screens and memories. Since the vast majority of my work is staring at charts, which only occupies a bit of my brain, I have to entertain the rest of it with music and videos. Just now, YouTube send me my 2025 wrap-up (even though there’s almost a full month left, but it’s sort of like how stores put on their Christmas displays in August). It’s quite a study:

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Easter Eggs (10 of 21): Tempus Fugit

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Preface to all 21 parts: This is a special holiday weekend, because not only does it contain Good Friday and Easter, but it also begins the Slope of Hope's 20th year in continuous operation! Through the weekend, I will be sharing some of my favorite posts from the past, plucked from among the literally 30,000 posts I've created over the years. Here is one of them:

I’m accustomed to a smooth ride
Or maybe I’m a dog who’s lost its bite
I don’t expect to be treated like a fool no more
I don’t expect to sleep through the night

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