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.
Meanwhile, Günther Thallinger, a Board member and former CEO of Allianz SE, one of the world's largest insurance companies, says the climate crisis is on track to wipe out huge chunks of economic value.
Snips:
The world is fast approaching tempera…
Heard on Here & Now (public radio) a couple of days ago that foreign students' expenses attending U.S. colleges and universities are also considered part of the service sector trade surplus.
Like I said above, I'm pretty sure the tariff %'s were written on little pieces of paper, and then the buffoon pulled them out individually when the respective countries names were called for the plaque.
So IMHO there WAS some thought put into it.…
Krugman's first comments are priceless: substack post.
Snip:
Focus on the European Union. The EU, like the United States, has generally low tariffs; the average tariff it charges on US goods is less than 3 percent.
So where does this 39 percent nu…
I'll always remember Susan Collins for pretending she was surprised that Supreme Court justices Kavanaugh and Barrett, who said they would NEVER overturn Roe Wade during their approval hearings, went right ahead and overturned Roe Wade. Was she nai…
@AndyJ- from what I've read DeJoy's hatchet job was evidently considered to be too wimpy, and he resigned about 30 minutes before he was fired by Trusk.
Hadn't heard that angle, @OJ. I guess it would make sense, given that he had 5 years to blow it …
DeJoy, who took over in 2020 during Trump's first term, inititated the recent sabotage of the postal service: DeJoy on wikipedia. I'd bet he's retiring with a "job well done" attaboy from the MAGAts.
PIMIX holdings are disclosed every month ...
+1. The link to the best info I know of is at the very bottom of the fund page: pick Portfolio Statistics. Up comes a spreadsheet, fund after fund after fund, updated monthly. Now pick the Detailed Stats…
The Zags won the WCC tournament, beating St. Mary's after losing to them twice during the regular season. Finished 25-8, not so bad, got an 8-seed in the big dance.
But if they get past Georgia, 1-seed U. of Houston will likely be their next challe…
Did the Dims not have a strategy going into this budget round? Sure doesn't sound like it, with this kerfuffle at the very end. And they knew what was coming weeks ago.
Re AOC: from what I've read, she's got great support in her district from being…
Everyone in favor of another $4+ trillion added to the deficit for tax cuts primarily for the wealthy and corporations, go kiss a billionaire oligarch on the rump.
I didn't think Rampell had it in her to write a column like that. I'd be surprised if it hasn't shaken up whatever editorial review there is for columnists at WaPo.
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…
