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.
One would think this morning’s ice-cold PPI numbers would send bonds rocketing higher. Nope, the five-year bear market in bonds (I say again – -why can’t we have a world in which I can type those words about the EQUITY market??) continues apace, as vividly illustrated by the fund TMF, which is the leveraged bullish fund.
The biggest story these days is, of course, the hellscape of southern California, which looks like a post-nuclear warzone. This is what is left of Ryan O’Neal’s house.
I look at thousands of charts every week of the year. I do that, partly, to discover charts that I find to be unusual or interesting. After all, that’s what you pay me for. At least, MOST of you do.
Here’s one in particular that I had never seen before: OPFI. As you can see, it’s had a spectacular time lately, blasting hundreds of percent higher in price.
Every month, the inflation numbers (PPI on one day, and CPI on the other day) come out. I’m not sure why they flip positions, since sometimes it is PPI/CPI then others CPI/PPI, but this week it was the former. We just got the PPI numbers, and they are both ice-cold versus expectations.
