I dusted off Slope’s Yield Curve Tool and wanted to share a few interesting charts. First off, this is what the yield curve looks like during normal, healthy economies, like back in the early 1990s.(more…)
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.
I loaded the 60-day intraday history of all the ETFs I follow, and one of them stood out among all the rest: bonds (by way of TLT). Oh my lord, why didn’t I just put my entire account into TLT puts instead of screwing around with goddamned equities? I have never seen such a smooth, relentless, not-an-uptick-in-sight gorgeous piece of artwork in my entire life. ARGHHHHHHHHH.
We are watching America blow up in front of our very eyes. The funny thing is that once the GOP gains power again in 19 days, they’ll tell everyone they’re going to fix everything, and the failures will be worse than ever. Which is going to make for a VERY interesting November 2024.
When I was driving home from the airport last night, I passed a large billboard for a mortgage broker which has an electronic sign showing their best interest rate. I had grown accustomed to seeing it at levels such as 2.3%, so even though I follow the markets on a daily basis, I was still shocked to see the rate approaching 7%. You can see on this chart how rapidly the 15-year rate has increased:(more…)