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.

Warshington, D.C.

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Again, this isn’t a swipe at your hero, so just settle down. Here’s what I think your god is thinking:

  1. Interest rates are too high;
  2. I need someone to obey me;
  3. Kevin Warsh will obey me;
  4. He will drop rates
  5. The economy will soar
  6. I will get all the credit
  7. Winning!

Put this in the Bible: this isn’t going to happen. Kevin Warsh is fucked sideways at this point, and he’s going to wish he’d never taken the job. Interest rates ARE going to go up no matter what he does, and the more he has to hold rates (or INCREASES them), the more his supposed boss is going to screech at him, say how disappointed he is, how stupid he is, and so forth.

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Play Pretend

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Happy Nvidia Eve, everyone. So, what’s going to lift the market today? A pledge not to nuke the moon? After all, yesterday afternoon, a sudden promise to not bomb Iran on this particular Taco Tuesday was all it took to flip the entire market green.

Not to worry. I’m sure everything will be fixed in two weeks. Two. Weeks.

The /ES is actually hammering out what has a chance of being a decent reversal pattern.

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