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.

Trade Talk Aneurysm

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And here we go again. Even though Washington has said repeatedly that it will not accept a “partial” trade deal, equities have roared higher since China has said they would be open to a partial trade deal. I’ve lost count how many times we’ve gone through this charade. Now, listen, I understand Washington could agree to a partial deal, since their words don’t mean crap. But, still, if we take them at their word, why would China’s “capitulation” mean anything? In any case, the algos love it:

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Trade Talk Purgatory

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Mercifully, there are only nine days left, from what I can tell, before this ridiculous flypaper of a market we’re stuck on can get let loose. By the end of next weekend (that is, October 13th), there should be some kind of meaningful news – – be it a deal, a divorce, or a never-ending pledge to talk about Real Soon Now – – that will let the markets roam for a bit. In the meanwhile, the ES is getting swatted at like a cat’s toy:

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