Let us celebrate that, for the next few weeks, we’ll get to focus on good old-fashioned earnings instead of Powell and tarriffs.
Huzzah! Earnings!
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.
Tremendous Wealth Creation
As you’ve heard, Nvidia is the first company in history to cross the $4 trillion valuation mark. (It only seems like yesterday that we were hearing about the first company, Aramco, to be worth more than $1 trillion, which seemed beyond belief in those more innocent times). To give you some perspective as to how much that is, dividing the value by every single employee, from Jensen Huang all the way down to the janitor, there has been $11 million of value created for every single employee there.
Money Talks…….and Walks!
Six Charts, One Economy
Crack-Up Booming
Credit expansion, AKA more and more debt, into von Mises Crack-Up-Boom would bring Stagflation at best, and Hyperinflation at worst in the not too distant future
[edit] Today’s better than expected Payrolls number is just a number. Real? Cooked up? To be revised? Whatever it is, it is in alignment with the article below, written before the data release. It’s a boom, after all!
At more than $36 trillion and due to be pushed toward $40 trillion by the big, beautiful debt bill, the United States is booming baby, booming! Great again, beautiful and will you look at those stock markets, ticking new highs!
Easy now, a Crack-Up-Boom is when credit (along with its evil twin, debt) runs amok. As a whole, our system creates credit and shoves it out into the economy. See The U.S. is Not a Capitalist Country for more on our debt-for-growth addiction in the age of Inflation onDemand, kicked off by Sir Alan the Monetary a quarter century ago.
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