Astonishing how much land a small island nation with 0.6% of the world’s population controlled at one point (and, ultimately, relinquished).
We Are Not Amused
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.
Four-Day Workweek (by Pierre)
American workers were seen leaving the labor force in droves throughout most of 2021. A seven-month-long period of millions of workers quitting their jobs for all sorts of reasons. By November 2021, a record-shattering 4.4 million employees quit within one month, an amount that represented at least 3% of the American labor force at the time.
There have been plenty of reasons why employees have been quitting, with most citing reasons of low pay, limited opportunities, and toxic work environments where they’re feeling disrespected. Around 63% of employees left their jobs because of inadequate wages, and roughly 39% felt they were working too many hours.
(more…)Dash for Cash
The Stanford-student-created company DoorDash hasn’t exactly been setting the world on fire since its IPO:
Regional Cycles
This is Regional Management Corp. (symbol RM) which, over the long haul, has a tendency to form beautiful, powerful reversal patterns. Just something you might want to add to a watch list, particularly since it completed its third major rounded top of its history.
The Yield Curve Flattener
As the Yield Curve flattens, this inflation is different from the 2020 inflation
In 2020 an inflationary yield curve steepener was in the bag as the Fed dropped and pinned the Funds Rate and sucked up every bond it could get its hands on (in order to monetize/print). The bond market made the logical signals about the resulting inflation as the short end was pinned by a combination of Fed policy and the frightened, risk ‘off’ herds clustered in T-Bills and short-term Treasuries, relative to the long end.
Gold and then stocks picked up on it first, followed by commodities, which were tardy but are now the star performer late in the inflation cycle. Hmm…
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