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.
Well, it’s Thursday, which means the latest Fed Spread data is out. At the top is BTFP, which is scumbag Janet Yellen’s free handout of billions to her banking friends, the only friend she’s got. It has never been higher, and even though by her own vile, repulsive mouth she bleated that it would expire in March, I assure you the old biddy is going to extend it, because there’s no way in hell her friends are going to be able to pay back the literally hundreds of billions of dollars she has handed out to them. If the public wasn’t so stupid, they would have her in prison (or worse), but they are, so she isn’t. And so it goes.(more…)
I’ve shared this before, but I am absolutely dumbstruck at the beautiful regularity of this long-term cycle. I’d say we’re sort of at “peak economy” right now, wouldn’t you? It’ll make for more gasoline to throw into the political firestorm of next year if things do indeed start noticeably shrinking.
Probably the most compelling chart I’ve seen for the argument that rates have peaked and are heading much lower.
Like every other equity on the planet, the Dow Utilities have been flying higher since late October. Kindly note not just one, but two, horizontal lines at present price levels. Those are important!(more…)