75 bps
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.
FOMC Days
Just thought I’d share the SPY chart overlaid with the event markers for FOMC days. As my mother used to say, “it’s neither here nor there.” Naturally, the market right at this moment (pre-open) is just laying in the dirt like a dying fish, but that’ll all change when Powell does that thang he loves to do.
HDMI Has a New Meaning
This has been a dynamite year for charting and trading, with one gargantuan exception, which is THIS grotesque anomaly:
That’ll Do, Pig
Well, it’s Central Banker Morning, as Christine Lagarde (who, in spite of her years, doesn’t look at day over 170) and Jerome Powell are rocking the world with their Centrally-Planned Economy schemes. I’m relieved to note that it’s blowing up in their faces, as Heavenly Father intended.
Fed, Gold, and Market Power
The stock market is very predictable in its Fed obsession
A frustration of dyed in the wool gold bugs is that a debt soaked system moves forward on little more than the confidence that all will remain as it has been. This confidence focuses on the Federal Reserve and it’s ability to inflate the system when needed.
But the flip side of that ‘in the Fed we trust’ mindset is the very real fear instilled in market participants (and implied fear programmed into their machines) when the Fed is forced by the very inflation it created to attempt to destroy its inflated Frankenstein monster at all costs.
“Forced”, you say? Yes, forced I say. From this February 10th post:
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