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.

Fed Targets

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Of all the “help” the federal government provided last year, perhaps the most distasteful was to have gobbled up ETFs from the good, honest people at Blackstone led by this decent, honest, and generous man. Here are some of the ETFs that the Fed bought with freshly-printed dollars. I offer these as more supporting evidence about how the interest rate world is turning, because they’re all turning south as these interest-sensitive instruments erode. It doesn’t matter that they’re declining. The Fed can always print up more trillions to cover any losses.

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Played Like a Fiddle

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OK, the Fed day is over (we get eight of them a year), and Jerome managed to play the entire market like a master violinist. In our new USSR economy, the Fed is presumed to have clairvoyance beyond all others, and can confidently predict what’s going to this year, and next year, and even the year after that. That’s right: the Fed can tell you what the world is going to look like in 2023. Their Gartman-level track record gives them this right.

Thus, after a deep red morning, we saw this in the NQ………

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