Meme via the Portfolio Armor art department and Imgflip.(more…)
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.
Stagflation in the offing, unless it’s not different this time…
As corporations continue to raise wages, market participants fear the Fed is wrong about supposedly “transitory” inflation, long-term Treasury bond yields resume the rally (bonds decline) manufacturers’ (ISM) costs keep rising, the Fed’s inflationary operation – a desperate monetary kick save if ever there was one – labors on.
The Fed has manipulated bonds and flooded the markets and economy with funny munny created out of nowhere, as if by magic. As if by
MMT (modern monetary theory) TMM (total market manipulation). So far, so good. Jerome Powell stands to be the first non-Bernanke winner of the Ben Bernanke Award for Heroism in the line of inflating a debt ridden economy.
Courtesy of Visual Capitalist, here is a map of interest rates. I’m glad I don’t have a mortgage in Argentina!
Just me making wild guesses again, being totally correct, and not making a penny.
I mentioned an evening out a couple of nights ago with a lifelong friend of mine. I was actually curious what interviews were out there with him, and I was surprised to see he was actually interviewed by Tom and Tony a few years back. Imagine my surprise when I listened to the interview and discovered they were gossiping about me for the first part of the show!