There’s a lot more to life than the Strait of Hormuz, you know. This week, we’ll start to get some other data points.

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’ll be the first to say it: my surname rules. It’s monosyllabic but pregnant with meaning. Perhaps one of my children will be a Senator one day and make good use of the name. I mean, for God’s sake, we’ve got a Senator Crapo, so certainly a Senator Knight would be a superb brand. God knows they’d be smarter than any of the others.

Below are the charts for all the short positions in this portfolio; as usual, I’ve zoomed in the most important recent portion of history, and the dashed red line denotes the stop-loss price.

One economic data point that came out recently which I didn’t notice was the Michigan Consumer Sentiment report. It’s actually kind of a big deal. The expectation was 51.6, and the actual number came in at 47.6:

This was the big weekend. It was the time when everyone’s favorite couch-rapist, one Mr. J.D. Vance, was going to enjoy a prominent appearance on the world stage and just put the finishing touches on a peace deal with Iran, since they had, like, totally surrendered and stuff.
I’m not sure if you’ve heard, since Vance’s pedophilic boss mentions it at every turn, but we’ve destroyed Iran’s Navy, their Army, their radar, their communications, their Space Force, and everything else, and besides all that, there’s been like a total regime change and everything.
And, while all this was going on, I simply wanted to enjoy my meal at Lazy Bear with the wife on a very rainy Saturday night.
