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 again,
Actually, I'm back to my original call. Keep the gov't shutdown completely until Trump resigns the Presidency, had his offspring sterilized and publicly mutilates (look it up) himself on national TV.
Axshully, we'll probably have …
Howdy folks,
Quit arguing with idiots.
Count the numbers - some 800K Federal workers either not being paid or furloughed without pay. However, how about the some 8 MILLION contract workers working either directly or indirectly for the gov't tha…
Howdy,
I'm sure that I said this recently but alas and alack, apparently I have to repeat myself.
Anyone calling a trade deficit some sort of economic evil isn't thinking it through.
We have a trade deficit when we spend more on exports from a c…
Howdy folks,
Predictions are pretty tough and any sort of trying to time the market is foolish. About the best we can do as investors is to practice sound risk management based upon the macro view of the world as we see it.
For example, let's s…
Howdy folks,
While still bearish, I have been starting to nibble in the silver miners. I'm on my third wee step now and watching. Easy ETF plays are SIL and SILJ. Very early in any sort of movement, but we'll see.
and so it goes,
peace,
r…
Howdy folks,
It's amazing how little it takes to make everyone go nuts. They say Powell is safe and Donald can't tweet for hours due to air flight blackout and security (yeah, spotted over London and tracked for the rest of the trip on twitter) .…
Howdy folks,
This is Christmas Eve. Chill and enjoy the day with your friends and family. This insanity will pass and we'll be better for it. My mother always said, "if it doesn't kill you, it will make you stronger.'
For those that have not e…
Howdy folks,
Hope you're doing well Hank.
Apparently, the compromise being floated is to increase the funding for 'border security' and allow the Dreamers to stay. That said, it's such macho silliness WTF knows.
Personally, I vote for a shutdo…
Howdy folks,
I'll say this once and I don't want to talk about it again.
Increasing tariffs is ALWAYS TERRIBLE. If there are inequities in trade, you sit down and break some bread and work it out. Cripes, there's a world trade court of settle …
Howdy folks,
Lightened up some more today. Again, this is on the margin, but taking profits never-the-less. I cannot see a happy ending.
and so it goes,
peace,
rono
Howdy folks,
Thanks to all for your comments. You folks are the best and have been for years now.
A couple of clarifications:
70 yo, both wifey and I working part time to keep from going crazy and each other ;-)
My strategic moves are 'on t…
Howdy folks,
Ted, whilst you may agree with this or that policy decision of the Donald, the simple fact is that you're backing an asshole. He's an embarrassment to any American that can see the emperor has no clothes. I'm f'cking ashamed and dam…
Howdy folks,
We all need to be thankful for our good fortune. 'every day's a holiday and every meal's a banquet'.
Be safe and healthy.
and so it goes,
peace,
rono
Howdy folks,
Couple of issues here. First of all the tax cuts went predominately to the corporations and top 1%. More supply side nonsense that does little for aggregate demand.
As for trade deficits. Geez, if we're running a trade deficit, …
Hi Doc,
Ah, define faith. I'm not playing in the metals other than a couple of 'canaries in the silver mine' that I permanently hold - the trend is terrible.
That said, why and for what reason does one possess gold and silver as part of their w…
Howdy folks,
Sokay. I'm not overall negative and particularly not negative should democrats take as much control as possible. Hell, I'm hoping that the Coalition of the Decent make America Good again.
That said, we're talking stock market and…
Howdy folks,
Hard to say. So much is riding on the midterms. If just the house rolls over and not the senate, we get gridlock and with all the stimuli in place we should have a great Santa Claus rally. If the house and the senate roll over, look …
Howdy folks,
I've had a Disney world like interaction with the Social Security Admin. I planned to start collecting at 62 for reasons others had listed but more to the point, the time/health value of the extra cash.
However, with a birthday in …
Howdy hank,
Geez, I'd have to put into growth but fairly crazy growth. This is sort of a casino play for me.
That said, it has both the fundamentals AND the technicals going for it, so what' not to like?
take care,
peace,
rono
Howdy,
msf has it spot on. Other than the Fox Nazi network and few conspiracy crazies, there just isn't any good news on Trump. Ergo, if you do a search for DJT you're going to get mostly bad stuff.
What is much more troubling about todays new…
Howdy doc,
Not surprising. Strong dollar has had the greatest impact, but also some lessening of demand due to bitcoin. feh.
I will stay with my decades old call that everyone needs to have some precious metals in their wealth portfolio: 3-7 % …
Howdy hank,
Hope you're doing well.
I concur on gold and the pm's in general. The trend is downward and who knows . . . That said, this is a good time to buy physical bullion if you're an acquirer.
My Asian holdings are all down but feh.
I …
Howdy folks,
Ah yes, Trickle Down Economics or Supply Side. Always a crock. Do rich people have a lower Marginal Propensity to Consume? Sure. This means they will save more. Note the word SAVE. I didn't say 'allow to trickle down'.
What …
Howdy,
There have been problems with international trade FOREVER. Every country protects certain industries in various ways at different times. Geez, we've been subsidizing our sugar industry for ~200 years. This is why you have organizations l…
Howdy folks,
Well, all y'all have gone and got me stirred up.
The Donald being elected: duh. Hillary's good points were that she was a war-mongering wall street fluffer . . . bad points . . . the same. I voted for her because she was light years…
Howdy bee,
I love MINDX, have for years and still do, but reduced pretty much on geopolitical developments.
And in a further response to Crash, at this particular time, I'm putting a greater degree of faith in corporations than perhaps at any t…
Howdy folks,
I want to apologize for my earlier postie. Alas, my dark side occasionally shows itself. I spoke in heat of the moment and out of a great despair for my country.
Instead I will pray the poor deluded souls will realize the emperor is…
Howdy folks,
Stuff it. My country is under siege by a treasonous SOB that stole the election via Russian meddling. Jr. gave the Russians, the GOP voter data base so they could target the idiots that believe.
Trump is a traitor and EVERYONE that …
Howdy good people,
It's been a good day. We dedicated a Blue Star Memorial here in our Wacousta Cemetery. Lot's of hard work for several years by some good people.
https://www.facebook.com/148223608565444/videos/1764064743647981
Thanks for a…
Howdy folks,
Now that we're up to our rears in a trade war, what defensive moves are you making or contemplating?
[hate it when my fingers don't work right]
Please note that I went defensive back in November with shifts into blue chip dividend …
Howdy,
aaaaarrggh.
The entire issue with environmental regulations slowing economic growth is all BS and any clear thinking human being knows it. It might slow growth in one industry and increase it in another.
Accounting 101: count ALL the c…
Howdy,
Welcome to the monkey farm. As mentioned by rforno, Bloomberg is much superior to CNBC or Fox's version. Alas and alack, my cable provider stopped carrying it several years back.
Back years ago, a poster Gary Smith,on predecessor boards t…