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.
With the tariff/trade war drums fading lately, the logical conclusion is “inflation trade upcoming!” and cyclical markets – including, or even especially commodity-related stocks – gaining a bull phase as trade bottlenecks open back up.
(more…)I love looking at pictures. Pictures are how I form words, thoughts and stories.
This picture is a story of the time since the US removed the last bastion of soundness to its money, it’s funny munny that in its near-infinite ability to be printed at will (due to no hard asset backing) has funded all manner of societal and financial progress, as Keynesian policymakers no doubt hated dragging that heavy rock around, anchoring their lofty aspirations.
Since 1971 the stock market has been set free to create wealth as the economic funding mechanism became pure finance as opposed to sweat equity and productivity. Take a loan, build it… and they will come. Boy will they ever. Take another loan, and another, and another.
(more…)Excerpted from the May 11 edition of Notes From the Rabbit Hole, NFTRH 862:
Dumb money apparently thinks that now that Trump is making a few sounds about making nicey nice with some trade partners, all’s well again. Dumb money is gulping down stonks even more aggressively now, while Smart money is fading. A degrading contrary-sentiment picture here.
As the Fed’s Michael Barr notes, tariffs will put upward pressure on prices of items subject to said tariffs. You can tap the image to read the article.
Disclaimer of bias: I have viewed Bitcoin and Crypto in general as a speculation to varying degrees from day 1. NFT? Well as soon as NFT/Crypto drones started liking, following and glad-handing me due to the NFTrh (@NFTRHgt) on what was thenTwitter simply because of three letters in the abbreviated name of my service (Notes From the Rabbit Hole), my Scam-O-Meter red-lined and broke. “Meme Coins”? Well, I told you my Scam-O-Meter broke so I’ll use my B/S Detector instead to take a look at the Crypto sphere vs. gold.
Crypto and especially its speculative outer edges are logical components of the massive array of investments and speculations alike that have been exponentially boosted by the decades-long bubble in monetary and fiscal policies designed to inflate asset prices at all costs. Fed and government, working the same angle from different sides of the street.
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