Does this look like the global economy is heading to the of Peachy Keen? Yeah, it isn’t.
Wake Up!
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.
Miners Reverse Hard
As recently as December 22nd, precious metals miners looked ready to set the world on fire. As I pointed out at the time, they were coming up against an important resistance level (dashed line below), and the fact the inverted H&S had already been spoilted did not bode well. That’s playing out right now, particularly since we’ve got an island reversal (tinted in yellow) for both the miners as well as the junior miners.
Jamie’s Diamond
Thanks to the infinite help of the US Government (now approaching $35 trillion in debt), JP Morgan has sucked at the government teat more masterfully than any organization in history.
China’s Continued Collapse
The jig’s up, it seems. China’s multi-decade canard of pretending to be a thriving, growing, prosperous faux-capitalist economy is clearly in shambles. Once their financial system is in total chaos, that’s when they’ll invade Taiwan and begin a global war. Stay tuned!
Can Third Time be a Charm?
Hurray, the holiday weekend is over! Your guilt-debt for 2024 is now at the 50% level, and after June, you’ll be done! So hang in there.
The Empire State Manufacturing Index came out, and let’s just say it’s a bit of a miss. The forecast was -4.9. The miss wasn’t -5.0 or -5.1. It was -43.7. So there’s your strong-as-hell economy for ya.
