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.
Boing!
I cannot remember the last time I’ve grabbed my iPad from the side of my bed in the morning, fired up thinkorswim, and actually saw red on the screen. The ES and NQ are green. Every. Single. Day.
This morning, naturally, is not exception. Concerns about the let’s-finish-raping-the-poor tax travesty bubbled up yesterday, and the ES actually managed to fall a few points. Well, the chinless wonder won’t have any of that, so for no particular reason at all:
Moore On Markets
As you all know, in a shocking upset to Trump’s power, Doug Jones beat Roy Moore in the Alabama Senatorial election last night, giving Alabama its first Democratic senator in a quarter century. This jaw-dropping surprise led to a catastrophic drop in the equity markets of about one-third of a single percentage point, followed, of course, by a complete shake-off and rebound to the green.
Unanswered Hubris
So much of what has happened over the past eight years – – and the past year in particular – – defies logic, good sense, and history. Yet trumping them all, literally, is the unvarnished and endless hubris that keeps spouting from the POTUS which is answered by the fates with nothing more than daily lifetime highs to keep feeding him:
Tax-Cut Nothing-Burger
Well, considering how the Republicans (a party which, even as a youngster, I considered myself a proud member of, but now believe they are disgusting, soulless, corrupt pigs) completely fucked over the 99%, one would think equities would jizz all over themselves. And they did (see green tint below). But the jizz evaporated as quickly as something-something-something to do with Mitch McConnell’s complete absence of a chin.
