The oddly-named Oklo, a nuclear energy firm helmed by Sam Altman, is up over 1,000% in just the past nine months, with government contracts being the key to their success.
Sam or Scam?
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.
The Kings of Plunder
In more naive days, I assumed private equity firms were sharp and sophisticated optimizers of capitalism, but after reading Plunder (which I reviewed here a year ago), I now understand them as the most shameless of criminals which make Samuel Bankman-Fried look like a saint. Anyway, here are the most successful criminals in the world:
Towing the Lines
Since yesterday morning, a fascinating transmogrification has taken place with the small caps, as represented by the /RTY futures. I am a bit obsessed with this, not only because I consider the $RUT to be the “last man standing” in bear-land, but also because I happen to own a whole bunch of August $212 puts on IWM. Here’s the /RTY since yesterday morning:
Five to Seven
Two Ice-Cold Reports
There we have it: back-to-back reports of inflation data which indicate that rising prices have pretty much left the building. Both the CPI and PPI came in below even the lowest estimates offered by any economists. No one seems to be considering the prospect of the U.S. getting mired in a deflationary economy, but all eyes will be on Powell next week to see if he drops rates. The BEST outcome for bears – – and mark my words on this – – would be if he DOES drop rates and, at the end of the day, the market still falls.
