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.
Let’s take a look at some indicators that can come together to let us know when the next inflationary bout is in the offing.
The spread between 10yr and 2yr yields (the most commonly watched
yield spread/curve) is still steepening on the short-term. Live chart
The interplay between gold and silver is a critical component to
understanding what is out ahead; to understanding whether long-term
Treasury yields will rise and if they rise, whether it will be due to
inflationary pressures. It is a critical component to understanding
whether cyclical commodities and other aspects of a greater
inflation/reflation trade will finally break existing downtrends. See…
Since we noted the initial move to break the 200 day moving average
– and at least temporarily break the downtrend on August 27th – the
Silver/Gold ratio (SLV/GLD) has held its breakout, looking to close the
week and the month of August on a signal that we have long anticipated.
Mr. Steven Ricchiuto, he of a Masters in Economics from Columbia, has
laid out the proper plan for the Federal Reserve in this oh so noisy
environment in which an unassuming and fairly quiet man is trying to
tune out a personal bully on Twitter, tune out the stock market’s daily
whipsaw and do what he perceives to be the right thing.
Today, the academic named above throws in with Trump and politely
harangues Chairman Powell thusly in an open letter. You can read it by
hitting the graphic…
Amazing isn’t it? It was only back in H2 2018 when everybody but you
(because you are as smart as I think you are or because you read NFTRH or nftrh.com) and me was unbelievably bearish about the TREASURY BOND BEAR MARKET!!!
Today… not so much. The herd is absolutely pile driving bonds right now.
Have you heard the news? US Treasury bonds are sky rocketing as it
turns out there is no inflation amid a global central bank NIRP-a-thon
and race to the currency bottom. Going the other way, our 30yr Treasury
yield Continuum is burrowing southward.
If you check out yesterday’s post you’ll see proof that the 2018 NFTRH view that people should tune out the bond experts instructing BOND BEAR MARKET!! was 100% on target.
vampire needs to be invited in order to enter your house. So the story
goes. But in this case, we are talking about the Macro house, with its
nexus in the USA and its Central Bank.