Global Inflation
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.
More Bull Power
Well, the latest PPI and retail numbers came out, and while PPI was right on the money, retail was quite weak (right column is forecast, and the left column is actual).
Charting the Possibilities
There are obviously thousands of possible outcomes to the equity markets following Thursday morning’s pre-market CPI release, but I wanted to sketch out three of them just to muse on the topic. There’s not a doubt in my mind that Thursday January 12th will be the most important and exciting trading day of the year so far. All three of these charts are of the S&P 500 /ES equity futures market. Here’s the first:
Pre-CPI Feel-Goods
It’s a pure green morning, folks, and there’s no doubt that the world is front-running the CPI number, which will roll out in less than twenty-four hours. Thus, for the second time, the bulls are trying to reach escape velocity from the nearly month-long base they’ve hammered out between 3800 and 3920 on the /ES futures market.
