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.
Another day, another pile of lies and odoriferous dung. If actual national security is the yardstick, it's best to finish the project and keep building capacity.
SYFFX has a large chunk in junk-rated fare (at least right now), while other securitized funds like DHEAX and SEMRX are overall investment grade. At this point I'm emphasizing IG in that category and taking a bit more risk in international funds. In…
Nobody swore "it was coming any minute now." The tariff hits are only barely beginning, and oil prices are low. Marketplace Morning Report this morning reported that the pre-tariff inventory stockup may fade in the next few weeks.
Wall St.'s on an…
LOL - Yes, I have been aware of Moore's incompetence for a while. He is the Joseph Hazelwood of this economic ship.
Ha! How far is Bligh Reef from where we are now?
Also: we don't have the luxury anymore of endless time to outrun total catastrophe, like we would have had 30-40 years ago when we knew what was happening, so any obstacle is a problem.
Plus, there are major actors for whom the price differential …
"The majority of automotive manufacturing facilities in the US are in Michigan, Ohio, and Indiana - home to a large number of American assembly plants and parts suppliers. States like Kentucky, Tennessee, South Carolina, Alabama, and Mississippi for…
Good to see the funicular in Bergen is still going. A month in Norway, with skis, at the end of winter/beginning of spring 20 years ago is still the best foreign trip ever for this kid.
@ Observant: Thanks for bringing up that Beach interview. I'd like to know the details of the "state and local education" problems. The AI on Duck-Duck answers the question this way:
The revisions in the jobs report indicated that state and local ed…
@rforno: "This is not 'his' government for 'his' personal use and benefit. Sadly, few in this town are willing to publicly agree with that sentiment."
And that is a good measure of the utter, complete insanity of this moment in time in these not-so…
Excellent post this a.m. from Krugman about the attempted tariff extortion on Brazil to save his authoritarian pal Bolsonaro from trial, conviction, and prison.
Short version: It's delusions of grandeur to an absurd level: Dump doesn't have "the j…
Good catch, @Mark.
"The 11 jurists appeared to be skeptical of the government’s arguments ...."
So most? all? of the court is hearing it? That should mean the scenario of the three-judge panel, two of which are Trumpers, is off the table, and it'…
Friend says the PBS Frontline "Trump's Power and the Rule of Law" is chilling. I only started it yesterday, and Bannon is there saying "You're not gonna scare us, and we're not gonna stop." https://watch.montanapbs.org/video/trumps-power-the-rule-of…
Judging from individual price boosts in my little world between last month and now, I'll be surprised if July's reports don't show at least a moderately significant tick up.
As a customer of a gas & electric utility with no effective regulatio…
Tariffs would have to go beyond 50% to cause any real large-scale manufacturing growth in the U.S.A. and the cost to our economy vis-a-vis inflation and prices would be staggering. All that will come from this is higher prices and slowing GDP.
Bing…
Like a lot of smart observers noted during the previous time all eyes were on every inflation report, one month by itself means nothing, and one year is almost entirely backward-looking. A good compromise is three months, averaged or annualized -- …
You don't suppose that Trump just raised the price of beef for everyone in the US, do you?
Maybe he's got a grievance against Micky D. or Wendy for not putting enough mayo on his last burger.
@Observant1: Hope he doesn't stick it to Colombia too.
The cherry on top: the U.S. has a trade surplus with Brazil. Apparently the balance of trade no longer has anything to do with the tariff madness. It's about his petty grievances now.
The S. Korea and Japan threats are total idiocy: the tariff beatings will continue ...
These tariffs are going to hurt South Korea and Japan, although they’ll hurt U.S. consumers even more. So why didn’t Korean and Japanese negotiators make big enou…
I think you realize that the return is net of the E.R. But I didn't anticipate getting into an argumentative chat when it was simply an idle question on my part. I am not defending Arnott, so you can cool it with responses that aren't news to anybod…
@AndyJ, there are much better alternatives to the Arnott’s funds. Not only they have very average performance, but they are expensive to own. Sadly, these is really nothing special about these funds. MFO Premium would point you to the right direct…
OJ does such a great job of responding but I can't imagine it's not wearing to do it. I can't stand to read the maggot crap anymore, much less respond to his repeated idiocy. So I dunno - maybe it is time to just ignore his horse manure.
Happy Four…
Thanks for the post, @Yogi.
So they're already planning to buy the 2028 election with that enormous bonus deduction for us geezers. Which then expires the next year; imagine that.
For states like where I live, where the state return is based on th…
Added Artisan's APDPX, unconstrained, to the port. Someone mentioned it a while back; thanks for the tip.
P.S. Anyone in Arnott's All Asset or AA-All Authority these days? Both are doing a decent job YTD. It's been a long time since I thought abou…
That Centene 40% loss yesterday hit AQR's QMNNX and QLENX (which I own and I think some others here do too). Acc'ding to Cramer on CNBC, Centene had to pull its 2025 guidance, as its 'managed care' business in the ACA marketplace is getting smacked …
This clip is especially noteworthy with the designated talking heads out in public with knives out for the CBO. The contention that the Damnable Ugly Bill won't raise the debt is total insanity; who could really believe that crap?
Because the Trump …
Just a note on the AK "Bridge to Nowhere": it would have gone somewhere: to Ketchikan's airport, which is on an island not far off the larger island where the town is. The town nestles into a small flat spot between saltwater and some steep, rugged …
This was Murkowski's moment when she destroyed any positive legacy she might leave. It reminds me so much of Sandra Day O'Conner's role in Bush v. Gore.
Reuters: 75% of IRA clean energy investments are in red states.
The absurdity of what they're doing: it's the only "build manufacturing in the U.S." program that is doing anything directly to do so. That objective apparently means nothing to the m…
