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.

China Bans Bearish Content (by LZ)

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A bear market signal triggered in China:

China Bans ‘Negative’ Finance Writers as Stock Market Sinks

Wu Xiaobo and two other writers who weren’t fully named “attacked and undermined” Chinese policy and spread “negative and harmful information,” according to a statement by Sina Corp.’s Weibo on Monday.  

Wu has 4.7 million followers on the Twitter-like social media platform, making him one of China’s most influential writers about finance. He regularly writes for Caixin Global and has published bestselling books on Tencent Holdings Ltd. and China’s economic transformation. His recent posts have been deleted, making it unclear what triggered the ban.

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Fed Spread Extreme

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Thursday afternoon means one thing, and that’s the Fed Spread. I am probably going to resume putting these posts behind the pay wall next week, since this chart is about to get extremely interesting.

You’ll recall that, until a week ago, the Debt Ceiling was all anyone could think about. Now that it’s resolved (and the debt ceiling feels like it was about a decade ago), no one is thinking about it anymore, but I think there’s going to be a major impact on equities in the months ahead.

Walking through the three sub-components, we have the reverse repo doing nothing it hasn’t done for the past year. That is to say, it’s still floating above $2 trillion a night.

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