No more charts. Here is the fabulous Nilsson to entertain us until the morning. The talent of this man is other-worldly. I had truly forgotten the depth of his genius. Enjoy.
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.
A Hundred Points
It’s Thursday afternoon, so I fired up the old “Fed Spread” examination in layered charts. Looking at the computed chart, the S&P 500 “should” be at 3850.
(more…)Pre-Sentence Memorandum
Tomorrow, Friday, November 18th, 2022, is literally judgement day for Elizabeth Holmes, the world-famous founder of Theranos. Although her fall from grace took vastly longer than, let’s say, Samuel Bankman-Fried’s, it was sensational enough to warrant books and movies. I can’t imagine how nervous she must be at this very moment. She lives about ten miles from where I do.
I’ve taken a glance or two at the sentencing memorandum her lawyers submitted to the judge who will decide her sentence (if any), and I wanted to share some thoughts before tomorrow when the news comes out. I am not sure precisely what time of day the news hits, but it’ll be sometime during the court’s business hours here on the west coast.
(more…)May These Futures Fall!
Philly Cheese
One item that didn’t get a lot of attention this morning was the Philadelphia Fed Manufacturing Index. Let’s just say that the actual economy isn’t exactly looking – – how did Biden put it? – – “strong as hell.”