Slope of Hope

Only a government employee could point to a 99.5% failure rate and declare it a success.

This contrarian play could be one of the most potent and profitable strategies in years.

Greece is saved!!! I mean BANKERS are saved!!! The market will celebrate the total capitulation of Greece to the EU bankers. Nothing has been resolved. The debt won’t be repaid. The can has been kicked again. Portugal, Spain, Italy, Ireland and even France are essentially insolvent. It’s all a ponzi scheme. The bankers win and the people lose. Hope is not a strategy. Hussman’s weekly tome shows how a crisis plays out. Bad shit happens and the powers that be react with bad solutions that keep their wealth and power protected. Their bad solutions lead to a worse crisis. More bad solutions. And so on, until complete collapse.

Well, it seems Ellen Pao managed to step in yet another bucket of syrup.

Hyperventilation can't hold a candle to the good feelings of helping out a fellow traveler here on our little planet.

I wanted to do a post that had nothing to do with Greece or charts, just for a change of pace.

Not only is the cover graced with a photo of this self-obsessed, morbidly obese woman..........but the photo is simply a photo of her taking a photo of herself.

There is no nuance to what I'm going to say: interest rates are pushing higher, and this is going to be a millstone around the neck of the world economy.

Innovative, successful companies are formed due to almost astronomically-unlikely pairings of the right people, at the right time, in the right place. And that place isn't going to be Startup Castle. Promise.

 I would like to make my own modest effort to put to rest a trite little phrase that gets trotted out every time silver and gold are getting trashed.

The past six years have transformed my disposition toward the markets from excitement to frustration to despair to disillusionment to sheer tedium.

In 2007 we see another dive in correlation as the last high close occurs and fades away. We are again seeing a violation of the sub-60 area.

What's that? It sounds just like Starbucks, Peet's, or any other coffee place on the planet? Yeah, well, I guess you have a point there. But there's a big difference: you have to pay to sit down.

Here is the third and final part of my retrospective with links to what I believe are the best posts of 2014 at Slope of Hope:

As 2014 wheezes and coughs to its termination, I wanted to share some of what I consider to be the best posts of the year.