The big news over the weekend was that the (relatively) hawkish candidate for Fed Chairman Larry Summers withdrew as a candidate after it became clear that Summers faced strong opposition from numerous Democrats in the Senate and on the Senate Banking Committee. The favored candidate is now the (relatively) doveish Janet Yellen. As overnight markets opened on Sunday night the US dollar fell hard, US treasuries rallied strongly, and ES (Dec contract) gapped up hard to peak at 1703.75 before retracing a bit in overnight action that so far looks a lot like a bull flag. (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.
Summers Sunday Surprise
Lying, Bragging, Credit Claiming, Pontificating Snake Oil Sellers
I’ll bet the first name that popped into your mind didn’t match mine. Although probably 99 out of a hundred’s first inclination was some or all politicians, I believe even they are being outdone by the newest member to climb (or descend) the ladder: The Talking Head Economist. (more…)
The Dude and Iggy Football Review – Week 1
Welcome Sloper’s to the first edition of The Dude and Iggy Football Review, the place where we tell you what happened a week after the fact and it really don’t matter anymore. We thought about calling it the Captain Obvious Newsletter, but… (more…)
