Next Week’s Only Event
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.
The Bigger Picture on US Treasuries
Part One: The Setup
On 10th November last year I wrote a post entitled Strange Days on US Treasuries. In that post I was looking at a very important inflection point that looked likely to be coming up on US Treasuries over the next few months to a year. I would suggest you read that post for the detailed analysis there of the outlook for US debt levels and interest payments as I’ll be looking at those in less detail this week.
This is currently a series of (likely) four posts reviewing the US Dollar, US Treasuries, and why the US Dollar may lose its status as the world’s main reserve currency. I published the first post in this series on the US Dollar on Monday last week and you can see that here.
After writing a lot of this review on bonds it has become clear that I can’t fit it into one post so I am dividing it into two. This post will look at historical bull and bear markets on bonds, the setup for a major increase in bond yields over coming months and years, and why that might play out rapidly rather than slowly.
(more…)The Big Print
Just to come right to the point, you should buy the new book The Big Print. It’s outstanding, and the country would be better off if every single citizen read and understood it. That’ll never happen, of course, but one can always dream. Anyway, let me back up a bit.
A couple of weeks ago, when I was on Amazon, The Big Print was presented to me as a recommended purchase. I was intrigued by the title, and after reading a brief summary (and seeing the good reviews), I decided to buy it. It arrived a couple of days later, and once I started reading it, I had trouble putting it down.
It didn’t start off great, because when I read the Foreword to the book, it was made plain to me that this would be a celebration of Bitcoin and its opportunity to save us all. I had already purchased and read enough Bitcoin books to not want to endure another sermon, but I decided to press on, and I’m glad I did.
(more…)Here Comes Jerry!
Federal Curtain Call
The latest Federal Reserve data is out, and as these three charts illustrate, the “extraordinary measures” taken during the Biden years have been almost totally unwound.
