When I glanced at my virtual trading account, one winner jumped out at me:
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.
Short-Circuited
The Tesla wanna-bes, and the peripheral companies (like fuel cells and electric car charging stations) are in their death throes.
Hope Lives
I was struck by this comment, which was the first one made in my Perfectly Pinned post from last night:
I get the sense I’m being patted on the hand and told that Jerome Powell is now omnipotent, and – – as Janet Yellen said – – we will never have another financial crisis in our lifetimes.
I understand the sentiment, but I disagree. Not only do I think we’re going to get a financial crisis, but I think that Powell’s shameless plastering-over of our true problems is going to make the next crisis bigger than anything we’ve ever seen. At this point, I am most focused on what is going on with small caps, as illustrated by what is still a completely valid topping pattern (not yet complete) in the /RTY:
Look Over There, JP
Jerome Powell says there’s no inflation, so he’s got to keep interest rates at zero. What a moron. Look over there, you corrupt, self-serving bureaucratic, billionaire-loving parasite:
Exporting Deflation
Three topics were dominating the news this morning: the Gates divorce, inflation, and the trade deficit.
I’ve got nothing to say about the Gates divorce, except that it’s shocking and saddening. I had always assumed their being a couple was eternal, but who knows what happened behind the scenes. I’ve got no chart for it.
As for the data news stories, I looked at our Economic Database for some charts. When I was growing up, inflation is all people thought about. Over the past thirty years, it had faded from the national conversation. Let’s just say I think it’s coming back in style and will be here for a long time to come.
