The Director brought to my attention that the overnight Reverse Repo, conducted by the shameless charlatans at the Fed, is regularly at the $1.5 trillion level now, night after night. I would humbly ask you to compare recent activity to what USED to take place and try to accept the fact that there’s absolutely nothing wrong here.(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.
It’s clear the glory days of the Ottoman Empire are long past. Below is a chart of the Turkish Lira versus the US Dollar. The good news, I suppose, is that you can stroll into Istanbul and probably pick up a house or two with whatever is in your wallet.
Reversal of the Also-Rans
Based on Rivian finally exhausting its comical rise……(more…)
It Feels Like Years Since It’s Been Here
WeWork’s Hideous New Low
On its way toward its true value…….