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.
Tomorrow’s CPI Theatre
The psychic scars from October 13, 2022 (the Rolo Bottom, as I call it) will never fully heal. For a full six months now, the entire market has been lifted on a brief and simple notion: inflation is weakening, thus the Fed will pivot, thus the market will roar to new lifetime highs just like the good old days.
Before we get to that, here is inflation going back for over a century The last deflationary period was a century ago, and ever since then, the government has vomited up cash with abandon, crushing buying power without interruption.
Oh, Baby…….
So let’s see here: what we’ve got coming is untold millions of impoverished, uneducated children living in squalor while simultaneously highly-advanced, highly-educated locales like South Korea, Hong Kong, and Singapore are shrinking. Great. Just great. Check this out:
Re-Hired
Back on April 1st, I declared that I had given up on MongoDB (MDB). I’d like to pretend this was an April Fool’s joke, but it wasn’t, and I knew in my heart that publishing such a thing would surely mark a top. It certainly did. The moment the market re-opened, MDB started slipping, and it hasn’t stopped.
