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.
Stock Market: A Big Picture View
Bank of America is the 3rd bank I have heard about this week that has experienced lower mortgage origination revenues. Makes sense, with the climb in mortgage rates. Yet BAC had better than expected results due in part to fixed income trading revenue. What, gaming the credit markets? That sure is productive for America. (more…)
Restoration Decimation
At the risk of producing another “occasional winner” (thanks, Northman) may I present to you Restoration Hardware, purveyor of overpriced furnishings. I think this one’s in trouble, folks.