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.

Silken Smooth

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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.

Bottle Rocket Interest

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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: