Well the media has a clear message for the public, and this kind of article is slathered on every outlet you can find……..
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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.
Well the media has a clear message for the public, and this kind of article is slathered on every outlet you can find……..
How often do you use ChatGPT? Never, right? You’re probably like me. Everyone on the planet was talking about it. You tried it out. Monkeyed around with it for a few days. Then you forgot about it and never touched it again. I swear to God, this whole AI thing is the most overhyped nonsense since the Segway scooter came out years ago, and tech luminaries (including Steve Jobs and Larry Ellison) declared that entire cities would be built around it. Just ridiculous………..
Thursday afternoon means one thing, and that’s the Fed Spread. I am probably going to resume putting these posts behind the pay wall next week, since this chart is about to get extremely interesting.
You’ll recall that, until a week ago, the Debt Ceiling was all anyone could think about. Now that it’s resolved (and the debt ceiling feels like it was about a decade ago), no one is thinking about it anymore, but I think there’s going to be a major impact on equities in the months ahead.
Walking through the three sub-components, we have the reverse repo doing nothing it hasn’t done for the past year. That is to say, it’s still floating above $2 trillion a night.