
Coffee more expensive? As Jeremy Irons’ character in “Margin Call” says, “I’ll have to pay”.
(more…)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.

Coffee more expensive? As Jeremy Irons’ character in “Margin Call” says, “I’ll have to pay”.
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It’s all over the news. The U.S. housing bubble, the stock market bubble, and now the crypto market bubble. In fact since the onset of the 21st century we have seemingly stumbled from one market bubble to the next.
(more…)On Tuesday morning, I closed my my crypto positions at Kraken, wired all my profits to my checking account, and let the original principal remain at Kraken in plain old cash. I’d like to explain why.
First, here is what the crypto market (represented by Bitcoin) and the stock market (represented by the SPY) were doing until a few months ago. It doesn’t matter which is which; the point is that they each went their own ways.
