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.


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It’s easy to become intellectually intimidated where I live. Yesterday, I was at Philz Coffee, which was crowded, as always. I don’t make a habit of reading other people’s laptops, but as I was looking for a place to sit down (a task at which I failed), I noticed the contents of several screens. They were populated with dense computer code, complex mathematical formulas, and other stuff that I don’t have sufficient grey matter to comprehend. I felt quite diminished.


Interest Rate Repulsion

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I thought oil would be my superhero today, considering how things started, but it turns out my TBT short was actually the┬áreal winner. Interest rates tagged the descending blue trendline I’ve drawn below, and since then TLT has been firming up smartly. TBT, the double-short ETF based on treasury bonds, has been wilting mightily today, and it may well continue to do so into next week.