I know a number of Slopers went long in a big way before the announcements. For about five seconds, it looked like you guys were hosed, but………well………..congratulations. Now I’ll go back to looking stunned.

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.
I know a number of Slopers went long in a big way before the announcements. For about five seconds, it looked like you guys were hosed, but………well………..congratulations. Now I’ll go back to looking stunned.

Greetings from the chilly interior of my attic, where I finished diagnosing some network issues (Springheel Jack and I seem to be having computer woes at the same time!) I am sitting here, cross-legged, Kobe watching me curiously, as I bang out a post that has a couple of purposes. (more…)
Politics is the art of looking for trouble, finding it everywhere,
diagnosing it incorrectly and applying the wrong remedies. – Groucho Marx
Just a short post today as I am having fairly serious computer troubles since yesterday afternoon. I suspect my hard drive is failing, so I have a new one arriving tomorrow which I can install at the weekend. In the meantime I’m expecting my main trading computer to crash several times a day which is time-consuming. (more…)
It’s ‘taper’ talk time again and here is a post that is only too happy to join the cacophony…
Dear Federal Reserve, please signal what would be at least a symbolic gesture to the market and pretend to tighten policy by beginning a tapering of long-term bond buying. We know inflation is being promoted via ZIRP at the discount window and via money printing used for T bond and MBS asset purchases. (more…)