Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Howdy,
By raising cash, in my case, at price, it's either to my sweep account or Spectrum Income which I like as a parking place.
Is this a perfect 'wall of worry'? Sure. It's also a perfect growth medium for the blackest of swans. feh. rono's…
Howdy,
As noted in an earlier post, I started a momentum play in the metals as week or so back. I am particularly riding the junior silver miners as that's where the most leverage is from my perspective. As I type, we're breaking resistance at …
Howdy,
A couple of attractive names but I'm with Lewis and Mark. No company is immune from failure over time. This smells like talking heads.
and so it goes,
peace,
rono
Howdy folks,
The Chinese do not want to lose face. The Fed raising rates 25 bps, gave Trump cover to raise the tariffs on the Chinese. They must respond or lose face. Weaponizing the currency and stopping the purchase of Roundup ready Soybeans…
Howdy folks,
Couple of points for clarification. I am NOT 'going to the mattresses' with my play in the metals. My play is strictly a momentum play. That's all. My canaries started singing and I checked the pictures and decided to see if there…
Howdy folks,
Yeah, this has been an ongoing battle for years and it's brutal tough for the moderators to continue to allow pertinent [read: marking impacting] discussion while disallowing political discussions.
Correct me if I'm wrong, but this…
Howdy folks,
Huge issue and made worse by social media's positive feedback loop. That said, there are those people that simply want a 'answer' or something/someone they can blame. Geez, look around you at the Trump supporters you know. How many …
Howdy folks,
That vast majority of any sort of additional tax on goods and services will always be reflected in the price. As mentioned, raise the tariff by 25% and not only will those goods reflect that in their price, but the rest of the market …
Hi folks,
Saw him on CNBC the other day and he's spot on.
One thing I really want to insist upon is that it is MANDATORY to have both universal education and universal health care for every man woman and child if you want to capitalism to work. …
Hi Mark,
Let's hope. While I despise the man, when a dog something good, you give him a treat. Yesterday, he told everyone to get their measles vaccination. Here you go Donnie, have a pig ear.
Hopefully, his trade with China will work out fo…
Howdy,
Crash is spot on. I'm not in favor of a penalty tax on the rich. Terrible policy. However, I would like for them to pay their fair share - and the corporations. It's not the tax rate, it's the right-offs and deductions that results in a …
Howdy,
I've heard nothing and don't really follow it that closely. Nick Ward did declare and I feel it's a mistake, but WTF do I know? He started to go last year and withdrew but he's signed with and agent. Cassius is staying. After their tour…
Hi Derf,
Things are getting better although we've got ways to go. New interim pres is an academic and most of the rot on the board is gone. Hopefully, they'll convict Simons as that should be quite cathartic. The other two are toast.
I firm…
Howdy,
The incidence of taxation is, and has been, essentially a flat line sinking to about zero at BOTH the high and low ends. At the very low end people pay zero taxes while at the upper end it's the same thing.
I am not, however, in favor of …
Hi Mike,
Hope you're doing well.
It's been a rough year for us Spartans - Nassar, the athletic department, Dantonio and Izzo. We could use a win. Hell, when it first broke, my letter called for Luanna and Hollis to be fired 'with extreme prej…
Howdy folks,
What I still fail to understand is the pure arrogance of the management at Boeing. From the beginning they blamed the pilots in a - shall we say, most condescending manner. Sorry but saying RTFM to the relatives of several hundred de…
Howdy,
My bracket is trash but my Spartans are still dancing.
https://www.bing.com/images/search?view=detailV2&ccid=248/Csyu&id=763CC991D02F34FEC9F8DBE638A67601C3B34F76&thid=OIP.248_CsyuoZXIneKHDaehGQHaF7&mediaurl…
Howdy,
Whelp, I guess I've known the both of you at least as long as anyone around these parts . . . chill TF out. Life is too short for utter bullshit and not only do you two NOT have the time, none of us do either.
thanks,
and so it goes,
pea…
Howdy,
Had to join the fun. Airplane idiot but in this case, it's more about how does a company respond to a problem and Boeing is now in a class by themselves as one of the worst cases of problem mismanagement I've ever seen.
From the beginnin…
Howdy,
Geez, Donnie can't forgive a slight (thumbs down on Obamacare repeal) to the extent he still has to carry on the fight with a dead person. Are you sh*tting me?!?
I shared this postie on my FB page.
https://www.facebook.com/MeanwhileinCa…
Howdy folks,
I still want to market Hair Extinguisher . . . give it as a gift to all your friends and relatives with their hair on fire over something or other.
Manafort will very likely die in jail. The Southern District will give him a longer s…
Hi Hank,
So much of what is wrong with corporate America is the untoward stress placed upon short term metrics. Honoring warranties and demonstrating corporate good will and customer relations hurt the short term bottom line. [feh, for that matt…
Howdy,
BTW, for those of you that believe the trade deficit is bad or evil, please think it through.
If we have a trade deficit, it means that WE GOT MORE STUFF. Sure, we may have had to pay for it but we still have more stuff.
For my few penn…
Hi Mark,
Hope you're doing well. Things are looking up in Lansing, but it feels like a long overdue sunrise on a desolate scene. Alas.
Do take care,
and so it goes,
peace,
rono
Howdy folks,
TERM LIMITS!?!
We did that in Michigan and I voted for it and it's been a bloody disaster. Now instead of perhaps learning the game and staying around, they are on the take from day 1. You see everyone of these sluts line of the…
Howdy Brian,
As I stated elsewhere, I'm confident that everyone on this board is a capitalist. However, if you want capitalism to work, you must have competition. That means that you must have universal health coverage and education. In that wa…
Howdy Derf,
Hell, I'd eliminate all the deductions for everyone. Not sure how politically viable that is . . . I have no problem with a $25K exemption per person but that's not was your talking about. I have always been in favor or ADC for a pare…
Howdy folks,
First of all, I am confident that everyone on this board wants secure borders. The Wall is a stupid polikal ploy Trump used during his rallies and now he's trapped like a bloody rat into at least trying to build it and pass it off tha…
Howdy,
It's not a matter of socialism or capitalism. I'm pretty sure most of us around here believe capitalism to be the best economic model to date. There are a couple of issues however. First, there can be excesses that need to be controlled. …
Howdy folks,
As mentioned, the term Socialism is being used as a pejorative, just like McCarthy using Commies and the polluters using Environmentalists. It's all bullshit and we know it as do most.
One payer / universal health coverage would ac…
Howdy folks,
I'm on about my third momentum advance in silver particularly the junior miners. Gold has broken through 1300 and silver is close to 16. If it also breaks, there could be some additional momentum. The main reason I like the junior…
Howdy,
Seems that if you're OFF you can file for UI. However, the stickler is if you're forced to work w/o pay, you are not eligible. duh. Our new dem gov is challenging this with the feds.
I had three 'furloughs' during my 30 years in state go…
