In what is hopefully the least-surprising graph ever, here we chart the home sales (plunging) and interest rates (roaring higher). This is an economic tidal wave.
Potent Inverse Correlation
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.
Commodity Gap Coming Up
In recent weeks, commodities have plunged. Thanks to yet another violent conflict in the world, commodities (and oil in particular) have exploded higher. My belief is that this move is done or close to done, and we must watch the price gap as a point of important resistance.
A Handle on the Sandles
I’m strictly an Ecco man myself, but the hippie shoes from the 1960s seem to be doing nicely. It’s, like, groovy, man. Can you dig?
Sub-Gap
Not exactly an unrestrained plunge, is it? I don’t feel so bad about being so light, since here we are, at the cusp of World War III, and the /ES is down 0.29%. Take note, however, that at least the big equity futures have all stayed persistently beneath their price gap, which was created between Friday’s close and Sunday’s open. If I may say so, I hope it stays under this gap across the board!
The Gaza Blip
As we enter a new week with Yet Another War on our hands, I ponder this targeted demographic’s weighty query………..
