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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
krug today:
The latest explanation for bad vibes about a good economy by normal criteria is that it’s about the level of prices, not the rate of change. So how much have U.S. prices risen compared with other countries? Answer: almost identical. Cle…
The prices people actually pay
https://messaging-custom-newsletters.nytimes.com/dynamic/render?campaign_id=116&emc=edit_pk_20231017&first_send=0&instance_id=105431&nl=paul-krugman&paid_regi=1&product…
@racqueteer
To be clearer, and to support my statement, FPACX has done better 3y, 1y, and ytd.
Cumulative. I do not look at, care about, or judge by single years.
That's all. Don't own any of them currently, but wish I had for the last decade. …
@racqueteer
I don't see why it would be logical since you don't mention it.
Ah, maybe you meant
>> Those who know me know ...
Romick's cash thing has been discussed here for decades, iirc, and I myself care only about returns as a functi…
Agree, BaluBalu. Those who know me know that I've spent a lot of time looking at the Allocation-type funds over the years, and while traditional bonds have done them no favors with rates rising; we're already talking about reductions next year - ma…
Here's a good look:
https://pbs.twimg.com/media/F8Pas2lWcAAX_5q?format=jpg
The density plot of a cross section of price changes looks really good. Very close to pre-pandemic levels.
This change isn't being driven by outliers or where categorizatio…
@fundly et alia
I wonder if you notice this kind of event (just a random googling):
From February to March, adjusted for seasonal swings, eggs had the most dramatic decrease, with a 10.9% decline. Egg prices soared in previous months primarily du…
I just checked with my wife about me possibly being "sophisticated”. She looked at me funny and broke into uncontrollable laughter. I wonder what that meant?
a fine image
>> ... cash should not be thought of as an equity substitute.
>>…
>> ... cash should not be thought of as an equity substitute.
>> Investing is a game where success usually follows those who think using probabilities, rather than certainty.
Who thinks like this?
>> Over a five-year period, the…
Yeah. Per stockcharts or Fidelity, FXAIX, VOO, and IVV trade lead places irregularly over 10-5-3-1-0.5y, also the last few months. SPY is always last, slightly.
and
Not everyone is happy about the good news on inflation
https://messaging-custom-newsletters.nytimes.com/dynamic/render?campaign_id=116&emc=edit_pk_20230919&first_send=0&instance_id=103135&nl=paul-krugman&am…
Definitely-a $100,000 windfall would certainly cover the bulk of tuition and room and board for 4 years at PSU, UM, UW, Cal-Berkeley, UNC and probably some other state universities I didn't research !
Huh ??
And to answer your specific questions, I expect he believes most of those things, meaning you have covered most of the factors. Maybe not a 'safe haven', though; to return to where I began, the last year it's swung from 124 to just under 200! It is …
I believe it was just a reaction to an assertion that is clearly wrong and has been proved wrong for decades if not longer. In other words the second sentence quoted is nuts nonsense and probably could have been written about Apple at any point in t…
Well, he did not do anal or 3-ways as a teen, but he did say ridiculously gross and ambiguous things as a lying prep (in my own prep school we all knew we were going to be in the college class of '69, woohoo), and then he continued to lie about them…
fwiw (ML customers): the older established D&C funds are $20 at ML while the mighty FPACX has no charges at all.
(Was SRomick really only 27 when he started it?)
OT:
If you review the last 12y here of Romick discussion (all there is), it in…
@davidrmoran: Do you really read this crap and understand it? ... Are you putting us on?
Yes partly, and no:
… what we actually got was a lot of disinflation, even in measures that tried to extract "underlying" inflation excluding volatile compone…
@davidmoran
So what's the overall message of the article (hiiden behind paywall etc)?
Noting that Kraft-Heinz and Kellog's prices have risen by 25-30% over the past two years....you might scoff at this but I can tell you that cost increase inputs …
