As he does eight times a year, Jerome Powell will stroll in front of a podium on Wednesday afternoon and discuss the latest decision of the FOMC and answer softball questions from reporters. This is always an interesting event, but I daresay that the press conference this week will easily rank in the top five of the past decade in terms of importance and consequence.(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.
Silvergate Now Down 99 44/100%
Now that is impure……..
The Muck and the Murk
The Cold Financial War
When I was a lad, the Cold War was still humming along as it had been for decades. Even as a child, I had a strong sense of what was going on and what I felt was right and wrong. I perceived my native United States as a place of individual freedom and open choices. I perceived the USSR as an evil prison housing hundreds of millions of poor souls who were under the thumb of an oppressive government. When Reagan described them as “An Evil Empire”, I was in total agreement.
What was particularly nauseating to me was how the Soviet government would shameless and persistently lie to its own people. They would always offer assurances that everything was under control, everything was going to plan, and everything was going to be fine. They were able to sustain that lie from 1919 until 1989, but then it all came crashing down. At the time, it seemed the world had finally come to its senses.(more…)
Earlier this year, we rolled out the SlopeTalk discussion system. My original intent was to dispose of “classic comments“, but out of consideration of those who prefer the older system, I decided to keep them both. Since that time, we’ve been grappling with the famous “disappearing comments bug“, and here on the 69th floor of the the Slope skyscraper, we have spent a lot of time and energy debugging it.
We think……….we think!……….we’ve got it. For those of you who have experienced this bug, please, for the love of all that is holy, go to whatever you use (be it SlopeTalk or classic comments) and hit Shift-F5 to make sure you’re on the latest version. Hopefully you’ll never see a comment vanish again, and if you do, and you are 100% certain you’ve refreshed your browser, please email me directly. Thank you!