This is a monstrous sea change, and the blinkered, pig-ignorant public just doesn’t get it.
Debt Instrument Collapse Continues
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.
Financial Failure
Within the past week, the regional bank ETF symbol KBE broken its major trendline. This was positive news for the bears of the world (AKA me, Baby Bear, TNR, and four other people). This positive news has gone super-positive, as the H&S topping pattern of KBE is now complete. Banks are screwed and tattooed. It couldn’t happen to a nicer group.
Top-Tick Charlie
Let’s talk about the bond market and yields. We will kick off with the number one guy in fixed income at the investment giant Charles Schwab. Only the Lord knows how much this guy is paid, so he must be brilliant. Let’s see what he was saying in July 2020:
Bond Bottom? Or Break?
No one can deny that bonds have absolutely stunk up the room for two solid years. Would that equities looked anything like this! Slope would rival Google in terms of traffic! In any case, this is TLT for 24 months solid:
Rodent Rates Right
Remember my MICE chart? (The Most Important Chart Ever)? It is equities divided by interest rates, and when it was so high in the summer of 2020 that it actually cracked above the channel, it clearly anticipated either lower equities, higher interest rates, or both. Look how far it has moved since then, traversing the majority of the channel.
