The bearish case for September is still intact, but pretty badly damaged by the six trading days we’ve had thus far. I’m actually kind of glad the whole “Syria” thing seems settled; the last thing this market needs is something else muddying the water. Now we can all obsess about next Wednesday. Anyway, these are the levels that I think represent important lines in the sand for the big indexes: (more…)
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.
In light of today’s positive economic data out of China, I thought I would reproduce a segment from NFTRH 255 (9.8.13) that speculated upon the possibility of a new up cycle in inflation expectations based in large part on China and its credit growth cycle (on which central planners have announced a planned clampdown). (more…)