[R-SIG-Finance] A question on Forward Price

[Michael Weylandt]

> On Jun 29, 2014, at 18:32, Christofer Bogaso <bogaso.christofer at gmail.com> wrote:
> 
> I defined backwardination as forward curve is downward sloping as
> compared to spot. So you may term it as you said 'forward prices
> increasing/decreasing'. I felt this is bit different than what you
> said as 'difference between expected and futures'.

This is very non-R so the listmaster may tell us off, but until he does:

What does it mean for a curve to be 'downward sloping *as compared to a point*'?

Leaving aside the finance, I'm not sure what geometry you're describing here. 

Michael