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.
Good morning, Slopers, and welcome to CPI day. I’m typing this post thirty minutes before The Big Event, and, unsurprisingly, trading has been flat as a board all night, since there have been no reasons (not even SBF!) to push the markets either up or down.
Jesus H. Christ. I don’t even have to try to parody this. Like I’ve always told my children, people are far dumber than you can imagine.
Should they also tweet that gas station owners are enjoying the biggest increase in revenue from Biden’s leadership? Because that’s true, too, and for precisely the same reason. And in all 54 states!
Happy Friday, everyone, and welcome to the end of this insane earnings week. The massive news yesterday evening was AAPL and AMZN, but the big event this morning was the PCE, which is the Fed’s inflation gauge. It was projected to come in at 0.5% for the month, and that’s precisely what was reported. (Because, in spite of the 30% inflation you see whenever you shop, the actual rate is, ya know, 6%).
