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AndyJ

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AndyJ
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  • sad for that bay area report. i appreciate the busses here on oahu. if your destination is along one of the main lines, it's very good. but do you need to connect to number 4 or 5? you'd be smart to bring dinner along. shit. like waiting for godot. …
  • I took BART a few times soon after it opened, 1972 or 1973 I guess it was, and it was slick and fast and clean and uncrowded; I thought it was outstanding at the time. I s'pose the funding didn't have a chance of meeting the maintenance and equipmen…
  • @Crash, thanks for posting.
  • All right, it's on Tube now! I used to watch it weekly on Bloom but then they put it behind the paywall. It's very good info for bond investing.
  • Friday and today the S&P 500 has been flirting with the YTD intraday low (3636), staying above for now. How it goes from here could be big, at least for the near term.
  • Well, maybe the dance he's having to do to deny climate chaos denial will help wake up his stagnant brain.
  • Thanks, @Crash. Maybe one of us should call ahead and reserve her a bunk in a nice federal facility.
  • @BaluBalu: Good, thanks. That makes it even more user friendly than I thought.
  • @Old_Joe: I'd forgotten this, from earlier in this sordid story: "They could already be in trouble for falsely representing, before the search, that they had turned over all documents responsive to a subpoena." I'm recalling one of them signed an a…
  • Oh yeah, the Daily Show; haven't watched that enough either. The Jordan Klepper Trump rally interviews are pretty good - from hilarious to horrifying.
  • @Catch, my understanding is the same as yours.
  • My wife wonders if maybe, just maybe, one or more of Trump's legal crew might deliberately have slid a knife deep into their client's back, knowing that he wouldn't have a clue as to what was happening until it was too late. I like the thought of a …
  • Small buys of ICLN and TAN, put in orders for 13 wk and 26 wk T-bills for Monday's auction. Conservative port = 10% risk assets, 30% hold-to-maturity short maturity T's and business promissory notes, 60% cash (FZDXX 2.30%, SPAXX 2.01%).
  • @Old_Joe: Did the Trumpsters have any idea what they were doing when they nominated Dearie?
  • You're welcome, @Observant1 and @Hank. I need to remember to watch SC on a more regular basis. Real content, great gags ...
  • Ha, @Crash. We might have been primed to think that since the one prominent use of "staggering" in the media in the last few days was the NY AG's using it to describe the level of bank fraud by TFG. I do like that TIPS Watch site. And thanks to th…
  • Sometimes I forget that our best comedians are often the best place to turn for a digestible view of current events, e.g., Colbert on Trump's troubles yesterday, first 8 minutes of this clip. (The other few minutes are a good Putin slam.)
  • What is he recommending to get the 9%? The article is behind a paywall. Not sure about that article specifically, but in his webcast a week ago, his emphasis was on Treasuries and agency issues delivering bigtime after Fed rate raises are ~ over.…
  • Great news, @Old_Joe. Yep, the 11th is supposed to be one of the most conservative, they've come through for the rule of law, and both Trump judges were on board with it. The icing on the cake? The NY AG's filing a civil suit for $250 million agai…
  • If you go by the chart of the Fed members' expectations/judgments, most of the increases will likely be done by the end of the year ... at ~ 4.4%. Not that they're always right on the money, to put it charitably. There's a lot of water yet to run …
  • The NAV of his flagship fund is still getting pounded, and I don't see how that turns around until most of the Fed rate raises are in the books or sufficiently telegraphed.
  • And don't forget the NCAA . Woody Hayes punching opponent ! Back in the day ! Captured on film.
  • Yep, I watched those MNF broadcasts. Don M. was also the losing QB in the Ice Bowl, 1967.
  • Submitted purchase for 26-week T-Bills (3.811% indicative yield) at tomorrow's auction. Good choice on the 26 week Ts. Right now my plan's to buy the 26 wk next week, after another bill matures.
  • The county election official (Tina Peters) arrested as part of a voting equipment tampering scheme is in Boebert's Western CO district. (The Pillow Moron named Peters an election patriot, and she had a speaking role, when he had his "conference" to …
  • Back to Crash's original question in the thread title: I watched most of JG's webcast today, and he was asked in the question queue what he meant. The answer was kind of muddled, but he's basically in the D. Rosenberg camp that the Fed's liable to o…
  • The other contention - that the "IRA" is significantly inflationary - is kind of interesting to consider, given that it's $350 billion over ten years, compared to say the defense budget, which extrapolates from the current appropriation to about $8 …
  • At least some funds were up: managed futures (DBMF, KMLM, etc.), the U.S. $ (UUP), inverse (e.g., SH, EUM, SJB), and a few odd ducks (e.g., RPIEX).
  • He's giving a webcast Thursday if you're interested in the details, here.
  • Treasury yields are flying, with 2-yr at 3.73%, https://www.cnbc.com/quotes/US2Y When the 2y tops 4%, they're going to be pretty attractive. But for new issues, there aren't any 2y auctions on the schedule, for now at least.
  • Another piece of the puzzle, at least in 2021, last time I held any shares in it, was that a chunk of the distribution was ROC. At one point in the last quarter, the ROC for the year was 50% of the total distribution. The actual income was pitiful.
  • Good one, @Old_Joe. The corgis had a brief star turn in that 2012 James Bond skit for the Olympics opening (clever editing making it look like she parachuted out of a helicopter with Daniel Craig.) Really like the last 'graf in that Guardian artic…
  • Doesn't seem like there's much of a case for that fund right now: distribution yield is right at 2%, with capital risk and bonds still under pressure, when you can get that or more in a money market fund (e.g., FZDXX at 2.21%) or T-bill held to matu…
  • You’re more optimist than I am. Hope you’re right that PBS might be able to alter some folks’ perception's. Thanks for replying. Thanks for checking back in. I'm not as optimistic as maybe that sounds. After the insanity of letting climate chaos …
  • Nothing is going to turn the "neo-Nazi scumbags," and nobody thinks they watch PBS. It's no use bemoaning the fact they don't hear anything but far right propaganda. There are Main Street-type conservatives and, probably more important, politicall…
  • @Old_Joe & @Crash: + 1. Frontline is so good at building a full, cohesive, well supported narrative of whatever they investigate. And that opening sequence of the losing candidates' concessions going back halfway to forever, followed by Dump's B…
  • Note the parallels to Bush v. Gore: (1) The crap about needing to protect Dump's "reputation" and the "unfair to Bush" rationale for stopping the vote count in 2000; (2) Both: It's not to be taken as a precedent for anything! (Especially for the oth…
  • There's an excellent longform Frontline (PBS) that first aired last night: "Lies, Politics, and Democracy" about the rise of Trump and the neo-fascists. As they usually do, the Frontline folks put together the story we've seen in bits and pieces ove…
  • Good D.R. interview, same basic stance as in the WealthTrack show. I didn't quite realize, as he mentioned, how extreme the swing between the low and the bear rally high in equities was. If he's right about a Fed slowdown/pause after September, an…
  • Maybe the Palin effect is about to ramp up on Dump. The just-completed election to fill the AK House vacancy showed that a chunk of Republican voters are sick to death of her BS.