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.

All in One Chart

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Greetings from fabled Treasure Island in the middle of San Francisco Bay, where I am (of course) at a fencing tournament. That’s following a morning spent in Monterey (way, way south of here) for a gymnastics tournament. If you had told me ten years ago that my life would be dominated by sports events, I would never have believed you. But here I am.

Anyway, in the midst of this, our own beloved BDI, the crown prince of StealthFlation, sent me this fascinating chart. In a nutshell, it really shows that the answer to “What drives the stock market?” isn’t household income, like in quaint old days prior to 2009, but simply how much paper the Fed chokes down. It’s all revolting, but it’s also reality. For now.