Some jaw-dropping stuff has transpired in recent weeks…..don’t confuse the vertical lines with an axis marker. That’s the actual data.
The Economy in Charts
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 Sordid (Pictorial) Story of the “Richest Country in the World”
Steve Saville’s excellent post The monetary inflation moonshot (including the graph directly below) prompted me to go to the St. Louis Fed website and check out some COVID-era data graphs.
So in addition to Steve’s calculation of the moonshot in new (funny) munny, which if we’re being honest is the only trick in the Fed’s bag, here are some other pictures from the financial and economic system of what we are told is the “richest country in the world” (if you don’t count debt and the leveraging thereof).
(more…)Wham, Bam, Thank You Scam
Humans don’t really learn, do they?
Back on April 17th, Gilead (GILD) went absolutely ape-shit because of something-or-another to do with Covid (a test, a cure, God knows what), and considering the public reaction, you’d think they had solved every disease known to mankind. The POTUS had the CEO of GILD in his office, yammering on about good news this, and good news that.
It all turned out to be a total nothing-burger.
Cheater
If your childhood was anything like mine, you probably played the board game Monopoly on at least a few occasions. It was a favorite of mine, and even though the game was created almost a century ago, it’s still enjoyable to this day. But for this mental exercise, take yourself back to a time when you were playing it with friends.
Retail Review
I’ll level with ya. I’m bored to freaking tears with this market. Just absolutely stone cold bored. So I’m focused on product development.
But, the show must go on, so here are some important retail charts whose earnings came out pre-market……….Home Depot, as always, just keeps climbing to infinity, as it has done for decades:
