
In & Out Urges

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.


Here’s the latest ISM Manufacturing data, illustrating how we’re undoubtedly headed into a massive recession. Incidentally, it doesn’t matter ONE BIT who wins any election. Whoever it is, they’re going to look like feckless buffoons as the economy plungers into the crapper. Is it their fault? Nope. It’s just that the public stupidly associates leadership with massive economic cycles. Americans aren’t that bright, ya’ll.

There’s no argument from me: the growth and profitability of Nvidia is extraordinary. However, the business entities, both current and forthcoming, of the planet Earth aren’t just going to sit around and stare with their jaws agape. This situation is untenable and will be challenged, as good ol’ capitalism promises to do.

The Sahm indicator is a respected predictor of recessions. It has recently crossed above a crucial threshold (I’ve placed a horizontal line to highlight it). Do you have a favorite candidate for President? Great! Hope that the OTHER person wins, because they’re in for a hell of a time.
