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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.
Meaning what exactly?
1) An absolute pass, or
2) Hard to pass
(Sometimes your extremely short comments are worthy of the Delphic Oracle.)
Meaning what exactly?
1) An absolute pass, or
2) Hard to pass
(Sometimes your extremely short comments are wo…
Everyone of sense knows we have major problems with China. This is not how to deal with them. Chiefly the problems involve IP theft.
This is from a year ago; there is much since, largely similar so far as I can sense:
https://www.brookings.edu/bl…
@Lawlar,
The thing is, there is no stopping globalization, rightly or wrongly, alas and alack, and in any case, this is not the approach. There are lots of things to do, and lots of consensus about it as well, and this is not that. No one disputes…
What is truly important is not the bluster (LSummers counsels exhaling, or something like it).
https://www.washingtonpost.com/opinions/theres-a-revealing-puzzle-in-the-china-tariffs/2019/05/14/75df04de-7675-11e9-b3f5-5673edf2d127_story.html
... ev…
an illuminating devo viewpoint (hope this has not been posted prior, apologies if so):
https://spectrum.ieee.org/aerospace/aviation/how-the-boeing-737-max-disaster-looks-to-a-software-developer
>> Tariffs are simply federal taxes. ... paid by ... consumers, goes to Uncle Sam
well, this has been my understanding all along, thanks to the media, and no thanks to any official contrary (false) 'explanations'
Realistically speaking are their good alternatives to TurboTax and Quicken? I have to say, I have tried hard and have not found any. I'm suffering them both. It's like having access to just ONE insurance, electric utility, water utility, cable, etc.…
industry and state breakdown of impacts
https://www.axios.com/trump-china-trade-war-states-industries-most-affected-20b6008d-16c6-410e-974d-a31400f1d2aa.html
wilder
https://www.nytimes.com/2019/04/27/us/politics/trump-rally-green-bay.html
One of the most visible industries here [Wisconsin] is also in peril. Dairy farmers in the state known for its cheese are reeling from the president’s trade wars as o…
in the bear future.
best typo ever, or so I assume
I bought some PCI and, prematurely before the big drop, some DSENX. This is not going to be a big deal no matter what happens. Trade impacts, Trump tariffs, are ultimately pretty low even of the…
this dives deeper
https://rockinst.org/issue-areas/fiscal-analysis/balance-of-payments-portal/
NY state, the largest net contributor of all the states:
https://rockinst.org/issue-area/new-yorks-balance-of-payments-with-the-federal-government/
and …
The original PBS graphic had to do w '81-'17 growth.
Here are some attempts, still high-level, at breakdowns:
https://taxfoundation.org/which-states-rely-most-federal-aid-0
https://taxfoundation.org/states-rely-most-federal-aid/
with interesting…
The rest of the article, for example the SNAP graph, seems to me to make clear how inapplicable that historical origin story is now, of 'dollars ... in the form of contracts, projects, installations'.
Interesting that Ohio is a giver, wonder if st…
lots of parents
https://www.phrases.org.uk/meanings/it-aint-over-until-the-fat-lady-sings.html
the Kate one is by far weakest, as it says, on account of sense
no one mentions Groucho, I see
https://www.i-orp.com/bequest/extended.html does the calcs for you and winds up (at least my inputs) in the same 'combination' place as kitces, and has led me to do more 50-50 (+/-) than I would've been inclined to otherwise
sure looks like an uptick to me, and the wisest writers I read do not speak of any sudden drop / erasure but simply unlikelihood to have rise ahead, in other words flatter results more probable than anything else
'till the fat lady sings' is usuall…
CENSX and the work of Allan Fulkerson made for an interesting story for someone invested heavily with them for 20y or so starting early 1980s, as I was.
There are some history and background here:
https://www.sec.gov/Archives/edgar/containers/fix…
>> my wife and I must spend $900 each out-of-pocket before doctors' visits, PT, etc. are covered.
can you explain this a bit? do you have a supp or advantage?
we see (tufts, mass.) the occasional cost reduction and benefit improvement, no…
@Ted,
Depending on medication. Meaning ExpressScripts does not have some 'uniform' pricing across the meds board; no one does (of course).
The gov calculator for total drug costs, and other calculations, is very handy and easy to use, and I turn …
I forget if you have a Merrill account, but if so have you tried using their MyFinancialPicture?
bulletproof in my experience.
I guess you woulda mentioned if you had or could.
For god knows what reasons, Fidelity's Accounts & Trade, Portfolio is regularly more accurate and up to date than FullView, which is unusably sketchy and has been so for years. (And Fidelity knows this.)
But even Portfolio is kinda random and o…
>> Studies have shown that increasing the minimum wage does not have a negative effect on small business
and aside from that
https://www.nytimes.com/interactive/2019/02/21/magazine/minimum-wage-saving-lives.html
For more, drill waaaaay down…
Not clear how it could ever happen, much less what it would mean (and even less why it would be 'the best thing that could happen'):
https://en.wikipedia.org/wiki/Independence_movement_in_Puerto_Rico
Some history, courtesy Edward Luce, Financial Times:
In 1832, the British aristocracy saved itself by agreeing to loosen its grip on power. … The [passed] bill widened Britain’s electorate and diluted the political stranglehold of its landed elites…
Ah, so you meant this, or you didn't ('even though the people living within it are hard working'):
>> Unlike that island, Albertans wouldn't be waiting for the Government to take care of them.
Got it.
@Skeet,
This dishonest article ignores McConnell (whom the author used to work for) and GOP blocking the bipartisan rebuke the situation warranted.
Suggest you also actually read the report, to see what it says.
