Our bullish friends, those corporate welfare queens who don’t have a decent bone in their body (unless they get lucky with Grindr) are having a rare bad day.
Let. Them. Burn.
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.
Til Debt Do Us Part
Almost Normal
The “extraordinary measures” taken by the Fed during Covid have slowly been tamped down. The assets owned by the Fed have steadily moved lower, although the couple of trillion dollars sold off are dwarfed by the $7 trillion still lingering around Fed coffers.
Normalization Blues
The latest Fed liquidity data is in, and it’s striking how we’ve come “full circle” with these multi-trillion dollar government stimulus efforts.
The Normalizing Fed
As we all pretend things are terrific, the Fed is in the final throes of “normalizing” policy. Don’t expect things to remain normal next year, folks.
