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.

Japan Approaches Exhaustion

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It just kills me how hardly anyone cares about what the central banks are doing. The federal government promising as many trillions as Larry Fink of Blackrock wants, so that he can buy infinite LQD, should have people rioting in the streets. But, nope. This is the equivalent of the Fed telling Tim Cook he can buy as much AAPL as he wants in the open market with infinite trillions. Just vomit-inducing.

In a similar vein, the Japanese equivalent of our Fed has been making direct purchases of their stock market for years, in order to prop up their zombie economy. I’d say the recent lift is coming close to an end, as we approach the price gap.

The entire thing is a global farce, which 99.9999999% of people are too lazy or ignorant to grasp. It’s pretty sad.

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China and Australia Indices: An Abnormal Divergence

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As can be seen on the following monthly comparison chart of China’s Shanghai Index (SSEC) and the Australian 200 Futures Index (AUS200), their price swings began to markedly and, abnormally, diverge from December 2017 to present day.

While the AUS200 continued to make new swing highs, the SSEC failed to do so.

The AUS200 has plummeted and has now made a new swing low, while the SSEC has not…yet.

We’ll see if this significant weakness in the AUS200 is a harbinger of much further weakness to come in the SSEC in the next few days/weeks.

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Blimey!

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Because I am a deeply-troubled person, I spent my Sunday morning looking at centuries-old financial data from the United Kingdom. SlopeCharts – – which, if you’re not, you really should be using – – has a jaw-dropping amount of data in its economic database, and for a lunatic like me, it’s great fun just trawling through it. Here are some gems I found (descriptions captioned):

Here is the government’s surplus or deficit going back to the 1600s. What’s remarkable to me is that the enormous expense of World War 1 and 2 is a barely-discernible bump.
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