I don’t pretend to understand all the financial plumbing behind this, but it seems like the complete U-Turn that the Reverse Repo performed is a pretty big deal.

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.
I don’t pretend to understand all the financial plumbing behind this, but it seems like the complete U-Turn that the Reverse Repo performed is a pretty big deal.

It’s going to be all about the jobs report. In recent months and years, we’ve seen fewer and fewer jobs being created:

When I travel, most of the billboards I see are personal injury lawyers and pleas to not have an abortion. In this area, the billboards are all about A.I. I’m talking 95%. It’s insane. I saw one yesterday which wasn’t quite A.I. but was definitely tech-related. It declared boldly, “The Future is Bullish” and it showed the ticker symbol BLSH. I decided to check out the chart and, yep, here we are:

One of the hottest IPOs of 2025, Figma (FIG) had their quarterly report last night. I wonder how the eager buyers of this stock feel about the 65% loss thus far. More to come!

Recycling the last post since folks couldn’t comment: I’ve been waiting for D.R. Horton to close its price gap. I might be jumping the gun a little bit, but it’s close enough for me. After all, it has taken months for this thing to crawl back.
