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.

Covid and CPI Sequels

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Good morning, everyone.

Well, look, I’m not very bright, and that’s probably a very kind way to put it. But those of you out there with any sense at all have probably figured it out by now. At least, I hope you have. Simply stated:

  • When I’m being an arrogant little twat, you should go completely bullish with abandon;
  • When I’m hating the stock market so much that I can’t even write about it, and I’m questioning every life choice that I’ve ever made, and I’m so heartsick that I even manage to come down with Covid again, just to feel even more horrid about myself, then you should buy every put with a ticker symbol.

I mean, hell, I even said so out loud:

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Levels to Watch for CPI Week

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I look at a lot of financial sites, and if there’s one universal theme out there it is this: The Market Is Going Higher, 100% Guaranteed. The financial airwaves are positively flooded with this notion. Even ZeroHedge, which used to be a fairly bearish site, is ga-ga about buying stocks (slavishly following the advice of Goldman Sachs, of all things) and, incredibly, buying Bitcoin. It’s a pretty eye-popping sea-change.

What you’ll also read a lot is that All Eyes Are On Tuesday’s CPI, which is understandable. After all, two months ago, the CPI surprise led the equity market lower, although one month ago, inflation surprised to the downside, so stocks strengthened. The expert consensus is that prices are DROPPING. I’m not sure what planet these people are on, but OK, there ya go. We’ll know soon.

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