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.
Inverted Yield Update
In case you actually believe we’re not at a recession……..(no matter HOW they pretend to define it):
Shallow Alto
Those of you who use the real estate site zillow.com may know that you can “save” your real estate properties and track them over time. Our family has a number of apartment buildings, but those valuations are hard to pin down and thus not on Zillow. Our homes, however, are, and it’s interesting to see the changes that have taken place recently.
The most dramatic one is in my fair city of Palo Alto. Ostensibly, home sweet home has wildly swung between $6 million and $9 million, even over recent history. I personally find it hard to believe that the swings are anything this crazy, and maybe that’s why Zillow got totally torched with their own real estate portfolio, since the data is kind of spasmodic. Since we’ve lived here for over thirty years, and bought the place dirt cheap, I don’t really care, but those who bought at the top – – God help ’em.
(more…)Inching Interest
Bonds Ready to Fall?
Treasury bonds have been in a bear market for an incredible 27 months. One might think that’s enough, but I’m not so sure. Take a look at TLT, which is sporting a very clear price gap:
