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.
First thing to look at, as the title of the post says, is relative currency values. When the USD declines, like it did in the aughts before the GFC hit, foreign investments do very well.
Israel vs Ukraine = very little in common, unless you don't know history, religion, and a lot more.
The established Lib media have been distorting the truth for decades, which is why their ratings and the number of people who watch them are in decl…
This crap is blatantly illegal; the cut and the budget to support it are set by Congress, always have been, and of course in addition to the ESA, there's also this inconvenient law called NEPA, passed by Congress and signed by Nixon back in the day.…
At Davidmoran. Thanks for that link, it should not of surprised me in the least but it sickened me nonetheless. Anyone who had connections to or even sympathy for “the movement “ of the sixties is being triggered by the last month. My outlook ha…
Senator M. has the advantage of being relatively well insulated from the Felon's revenge. She lost the GOP primary to an insane Tea Partier in 2010, and then won the general as a write-in on the strength of non-insane Rs and Dem votes. Dems know a D…
Back (way back) in my childhood the neighborhood Cath school (next door to the elementary where I went) was always wrecking neighbohood fun when the catechism schedule sent Cath kids scurrying away from (the basketball court, baseball diamond, vacan…
Joe Stiglitz and a few others are talking stagflation if the madness continues. Of course there would be plenty of "Biden did it!" shouts from the usual suspects, and most of the cult would believe it.
"Summary: Elon MUSK’s DOGE is going after Medicare. Looking at Project 2025, the plan may be to privatize Medicare, i.e. Medicare Advantage (MA) default for all new participants ...."
Hmm. I wonder if the LTEs in the largest newspaper around here (…
hcr tonight
>> When he left office just a month ago, Biden said he was leaving the Trump administration with a “strong hand to play” in foreign policy, ... “an America with more friends and stronger alliances, whose adversaries are weaker and…
Insane. Ya could say the buffoons running this administration have taken leave of their senses, but it's highly doubtful they ever had any sense in the first place.
Great last lines:
And at least so far, discussion of reducing or eliminating FDIC insurance has been kept to a low rumble. Let’s hope it doesn’t get any louder. To paraphrase Dorothy Parker (possibly), it’s an idea that is not to be thrown aside li…
@Crash: "Also, the newfangled yardstick that he and his team designed gives a much better, more accurate look at the Big Picture."
I agree that the measures he takes aim at can for sure be critiqued (like I said about U-3), and that he's right that…
Good piece, @Mark and @Old_Joe, with plenty to think about.
The figure I zeroed in on first is the unemployment rate, and I agree 100% that U-3 isn't representative of what's going on. But U-6 has several similarities with what that group did, and…
Not sure about the rest of Huntsville, but U. of A. Huntsville is probably the leading public university hotbed of GHG climate warming denial. John Christy and Roy Spencer are the wackiest faculty of that ilk. Christy used to be the go-to skeptic an…
@david: Simple point I didn't manage to make late last night: the reinvestments add to your cost basis, therefore the capital gain showing will drop/capital loss increase. Like Yogi says, all that sets up a good tax loss opportunity if you need/want…
@howaya: No thanks. I can experience that entrenched mindset anytime I want to by heading over to a certain household of the extended family, where I'd be treated to Fox blaring every second they're awake and a litany of the latest conspiracy theori…
Of course I've made mistakes and continue to make them. I'm glad you admitted it; what I'm pointing out is that the ones you made, with so much gusto, were incredibly easy to have avoided. Just check reliable sources, fer christsake.
Everything depends on what Roberts and Barrett do when these cases start reaching the SC. They voted not to stop/delay Trump's sentencing in the NY case, so they may not be hopelessly MAGAtized. But I have a hard time imagining they won't cave to th…
So there you are. I was wrong. It wasn't a lie, it was an error. I thought I was right when I wrote it. So have fun with it. Ha-ha.
I just hope you learned something. IMHO, reckless disregard for the truth is equivalent to lying, and that's what …
There goes VI-2, with the right wing's (and the media's) FALSE EQUIVALENCE disease. Fox and OAN made up stories about the Floyd murder protests right and left. Minneapolis and Portland were almost entirely peaceful protests with some deadbeat looter…
It's hilarious seeing a superdunce like hondo call Biden and Harris dunces. Their administration produced the best economic recovery from the pandemic in the entire world. And calling Dump and Musk "honest" is a howler. How ignorant and out of touch…
Those incidents, if they really occurred, were stupid and inappropriate. However, MAGAts are much worse, committing actual violence like the assaults on Capitol police on January 6, 2021; the attempted kidnapping and possibly murder of the governor …
Hondo needs to see a psychiatrist, stat. That and throw out the John Birch Society tracts. Seem to be several loose screws that need attention. Plus, you'd think he'd try to be a little more cautious after being caught out for lying about the electi…
I'm not at all sure that there's anything that I can take to make the US look normal right now.
If you come up with anything that works, let me know. So far even kitten videos and Linda Ronstadt concert numbers haven't helped much.
I see Elon quoted as saying how outrageous it is that recipients get to spend 60% of a grant on IDCs. Somebody needs to tell him how those grants work.
If say a university has an agreement for a 60% IDC rate (all of those agreements are negotiated…
