
A Debt of Latitude

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.

A week ago today, it looked like the world was ending. Right now, people are convinced everything is going to be peachy until the end of time. All the worries are gone, so markets have roared higher. My view is that the retracement I was hoping for has fully transpired, and as just one example, the emerging markets have almost perfectly sealed their gap (and their fate).

I have purchased October 27 2024 $27 puts on FXI, the ETF based on the Chinese stock market. I’ve got a stop-loss of 26.26, meaning I’ll exit should it push anywhere above that level.


Good Lord. Checking out the value of the Japanese Yen versus the US dollar. Do they use this currency for inexpensive toilet paper now? I’d be interested to hear from Slopers what the implications are for such a major currency sliding toward abject worthlessness. In the meantime, I’m going to go buy myself a palace in Kyoto.
