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.

Understandable Anticipation

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I get it. I honestly do.

When Donald Trump was inaugurated on Friday, January 20, 2017, it began yet another leg of a 40-year bull market which was stopped short only by Covid-19 three full years later. For the entirety of his first term, however, the Trump market didn’t have a downtick in sight (not even during the traditionally bearish autumn season, in which it just got stronger).

Thus, it makes plenty of sense that people would think that the S&P will be at, I dunno, 8,000 points by the end of the year 2025.

the SPY ETF from early 2017 to early 2018
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