Tokyo Rose
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.
New Treaty of Versailles
Happy Juneteenth Eve, everyone. I’m not sure how much of your attention I’m going to get, what with the preparations and festivities and festoonery and whatnot, but perhaps a few of you are still trading, in spite of the big holiday looming.
Equity futures, such as the /ES below, have recovered a portion of the drop we’ve witnessed over the prior two days.
A Hazardous Fad
Corporate pukes love to follow fads. Since they don’t really have any ideas of their own, they just ape what they hear about. Remember how Japan was the hottest country on Earth in the late 1980s and the apes in the U.S. figured they should just do whatever the Japanese were doing? Like, say, calisthenics for office workers? How did THAT work out for everyone?
I want to go on record with the most dangerous potential new fad in the months ahead: ditching AI. I’m serious. It’s already starting to happen, and if corporate leaders can get press and attention by bolding swimming against the stream and cutting AI expenses (since they aren’t seeing the ROI), you’re going to see trillions of dollars of value get blown into grey and black ashes.
Foreign Flows
