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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.
Noflation
Happy Wednesday, everyone. We just got our latest economic data, and it is very bull-friendly: ice cold (zero, in fact) PPI data and better-than-expected retail data.
In spite of this, equity futures are down about half a percent or so, whereas gold and silver continue to absolutely barnstorm the planet, each of them at (as usual) new lifetime highs.
(more…)Slightly Soft, Very Hot
The CPI came in this morning, and instead of the expected 0.3% monthly increase, it was 0.2%.
Leaders of Inflation
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.
