Well, it’s Thursday, which means the latest Fed Spread data is out. At the top is BTFP, which is scumbag Janet Yellen’s free handout of billions to her banking friends, the only friend she’s got. It has never been higher, and even though by her own vile, repulsive mouth she bleated that it would expire in March, I assure you the old biddy is going to extend it, because there’s no way in hell her friends are going to be able to pay back the literally hundreds of billions of dollars she has handed out to them. If the public wasn’t so stupid, they would have her in prison (or worse), but they are, so she isn’t. And so it goes.(more…)
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.
It’s eye-opening to see what does and doesn’t matter to equity markets these days.
- Hopeless war in Ukraine: doesn’t matter
- Another hopeless war in Gaza: doesn’t matter
- Over $33 trillion in debt: doesn’t matter
- A guaranteed disaster, politically, in 2024: doesn’t matter
- Grotesque maldistribution of wealth: doesn’t matter
- Slowing economic growth doesn’t matter
OK, so what DOES matter? That’s easy! Janet Yellen’s free-money-to-her-friends BTFP, which hit yet another record and is almost $130 billion now! Wheeeeeeeeeee!!!!!!(more…)
Central banks still control the financial markets and global monetary supply is growing below the trend established after 2009.
Below are central bank assets at the major central banks.(more…)
Join everyone over on SlopeTalk as we watch the Powell presser together.