Leaders of Inflation
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.
CPI Down, Stocks Up
Yet another delayed economic report came out today – – this time, the CPI – – and it was unexpectedly cool compared to expectations. Based on this encouraging news, bonds and stocks ripped higher, with the /NQ, for example, up almost 400 points before the opening bell.
CPI (Finally)
As we approach a full month of the government being shut down, we find ourselves living in a data desert. A rare exception came this morning in the form of the Consumer Price Index, which was a little lower than expectations.
Annual Bars to Consider
Instead of the normal daily bar charts, let’s do something unusual and check out a much cruder granularity: annual bars. That’s right – – just a single bar to represent the billion things that take place inside a calendar year.
Below is the SPY going back for about eighty years. I have highlighted with rectangles two portions to make a particular point.
Half Decade of Inflation
You think the 23% increase we’ve seen in the U.S. is bad? Take a gander at Argentina’s 2,164% rate! Whoever bought gold in that country years ago is sitting pretty.
