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.

The Fed Big Guns

By -

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…)

Taper!(?)

By -

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…)