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.

Had This Been An Actual Emergency

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My email and Twitter feed have been flooded with the big news on an EMERGENCY FEDEDRAL RESERVE MEETING set for Monday. For the love of my personal savior Jesus H. Christ, people, there is NO “emergency” meeting. It’s still a normal meeting these disgusting government swine have every month. So ignore all the pearl-clutchers. This meeting is a nothing-burger with cheese on it.

On a more positive note, please note there is a super-duper cool post available for all paying members right here. And, if you’d like to try a membership and see what all the fuss is about, please join us!

Mission Not-Even-Started

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As you can see from all the green splashed on your quote screen, the central bankers of the world have already panicked and are running around screaming their heads off, quickly undoing their feeble efforts at quantitative tightening and reverting to their multi-decade playbook of endless quantitative easing.

Let’s look at our own Federal Reserve’s monstrous balance sheet and see just how far their loudly-touted QT efforts have gone. You can plainly see here the many trillions of dollars they’ve gobbled up over the years. You can also make out, just barely, the subtle little softening of growth in recent months, as they ever-ever-ever-so-slowly bleed off a teeny-tiny bit of their trillions.

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It’s Here! It’s Here!

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Thursday has become like a miniature Christmas Day for me, ever since I figured out how to use SlopeCharts with Federal Reserve data as a Near-Perfect Predictor. The latest data has tumbled out, and I’ve got the latest exciting projection.

First off, Reverse Repo is taking off like a rocket, and I suspect it’s going MUCH, MUCH higher, since the government is going to be shoving gargantuan interest rate payments into the pockets of those nice people at Goldman Sachs and Morgan Stanley. This chart is approaching two a half TRILLION dollars per NIGHT.

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RTY 1790

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I am typing this as Powell has just begun speaking. God knows what his words will do. Sometimes he can destroy the bears with a well-turned phrase. I’m keeping plenty of powder dry; I’d rather push forward near the close today. I am also keeping an eye on the line at 1790 on the /RTY, which seems to represent an interesting support/resistance level. As I typed these words, it jumped above that level again, which isn’t reflected in this static screen shot.

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