This one is doing terrific, and I think its best (that is, worst) days are yet to come.
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.
Commodity Breakdown Continues
The real economy, in my opinion, is better represented by the likes of the commodity index (shown below) than by, say, SnapChat (which reports “Earnings” on Wednesday). The breakdown continues apace…….
Peak Palo Alto
The good people of my fair city are getting slack-jawed over real estate. Even with interest rates rising (should SHOULD diminish any asset that depends so heavily on debt), prices just keep getting crazier. Right on the front page this morning is a 900 square foot shack in a crappy part of town that sold for two and a half million bucks, way over the asking price.
Macron-Economics
Given the mayhem that took place a couple of weeks ago during the first round of the French elections, I was naturally curious to see what would happen yesterday, during the runoff. Marchon was widely expected to win, and he did so, and quite handily. As with the last instance, there was a sudden “pop” in just about every market………the difference this time being the pop lasted about a quarter of a second, followed by a slow erosion through the night. First with crude oil……..
