Bank Run In Silicon Valley
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.
Last Time He Was Here….
Jerome Powell is going to do his little legally-required charade on Tuesday and Wednesday mornings. He only does this twice a year in front of Congress, and the last time (June 21/22) is marked below in yellow tint. As you can see, that was right on the heels of what was a major bottom in the bear market, and once he shut up, the market went up for almost two months. Let’s just say it would be nice to have an upside-down version of that this go-around.
Money’s Sea Change
This is a video worth watching (I would suggest you do as I did and bump up the playback speed to 1.75). I touch on these topics quite a bit in my new book, and this is the kind of massive change coming (vastly more important than the ridiculous ChatGPT hype) which almost no one is talking about.
Nothing Accomplished
Yesterday was ridiculous. Just ridiculous. That clown Rubenstein and his buddy Jerome Powell did nothing but conspire to make things seem peachy, hunky-dory, and okey-dokie. And it worked. The market vomited all the way up to its Fibonacci (red circle). And what did the circle jerk ultimately accomplish? NOTHING. Nothing, that is, but the very brief satisfaction of a the pathetic, whimpering, molly-coddled bulls.
A Good Day To Bet Against Stocks
