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.
You know my 2020 mantra: bullish bonds, bullish gold, bearish equities. We’ve made terrific progress this week, and most particularly, today. If you are a regular visitor to Slope, and you appreciate my 365-days-a-year work on it, kindly sign up for a premium membership.
In case it wasn’t already obvious, here is the chart of the assets held directly by the Federal Reserve (symbol in SlopeCharts is FR:TREAST) and the SPY. The tail is wagging the dog.
Since SlopeCharts has access to just about everything, I’m surprised it took me this long to see if it had the Fed Repurchase agreements data. But, yep, it sure does, and it’s a jaw-dropped. Honestly. Kinda makes you think they’re not telling us something, huh? Oh, I forgot. It’s for “smooth operations.” Yeah, right, Powell. Liar.
Boy – ‘Do not try to bend the spoon. That’s impossible. Instead …. only try to realize the truth.’
Neo – ‘What truth?’
Boy – ‘There is no spoon’
From The Matrix – 1999.
(more…)In that way, you will be acting as true children of your Father in heaven. For he gives his sunlight to both the evil and the good, and he sends rain on the just and the unjust alike.
Matthew 5:45
Our brains are all wired in different ways. In my experience, having used my brain for most of my life, I know that my strengths tend to be thinking of things in metaphors, analogs, and patterns. I have historically been weak in math (or at least never interested in it), and even though I’ve watched my kids fence for many years, I still have absolutely no idea what the hell is happening on the strip. None.
(more…)Because most people are so ignorant, the Fed can get away with anything it jolly well pleases. Just jaw-dropping……..
Although I doubt anyone here dismisses the notion that Jerome Powell’s welfare program known as QE4 isn’t the sole reason for the explosion in equity prices recently, I’d like to take advantage of SlopeChart’s comparison feature to show this:
