Reminder: he gets $5,000,000/year to be wrong 100% of the time.
(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.
ADP & GDP
A couple of big economic reports came out today. The ADP non-farm employment change showed a weakening job market (so rare are do the forecasts numbers on this thing match reality, I’m not even sure why they bother).
And The Inflows Keep Coming
Sputter
Let’s face it: Tuesday was a throwaway day. The Dow Jones Industrials climbed 0.0091% Hey, if I’m going to pick a day to have some serious downtime, I didn’t do too badly, did I? Anyway, Wednesday will be, for better or worse, vastly more dynamic, so here are a few key charts with some remarks beneath each.
A Visceral View of Debt
There is a really cool graphic of the world’s money and markets which is about seventeen feet high I’m not going to put directly into the post. To see it in a separate tab, please click here. As shown below (this is like the top 1% part) each square represents $100,000,000,000. Quite a sight………… (if clicking “here” doesn’t create a new tab, please right-click on it instead, since it’s only visible in its own tab since it is, ya know, like seventeen feet high, as mentioned).
