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.
I think it's interesting to note that Chairwoman Yellen, after delivering these remarks, had to sit down and was unable to finish her speech because she suddenly didn't feel well. Some people have no problem with looking other human beings in the ey…
Blah blah blah do it already, Janet.
http://www.zerohedge.com/news/2015-09-24/one-phrase-actually-matters-yellens-speech-nominal-interest-rates-cannot-go-much-bel
"This is what Yellen said in her speech dissecting the theory, if not practice, of …
Risk tolerance? Personally, the first thing that comes to mind are the CHS preferreds, which come in a number of different flavors. Those were quite stable in 2008. Again though, all depends on what you're looking for.
Back to bicycles... probably best to go for a "bicycle built for two" so as to provide a seat for your rear tailgunner, who will need to shoot a lot of unfriendly people who would otherwise kill you and steal your bicycle. You'll need a handlebar ba…
I'd say in regards to an EMP, perhaps Generac (GNRC), although 1) not sure how gas powered generators will fare in an EMP and 2) If there is an EMP, I think stock investments are the least of anyone's concerns. Hopefully at least the acting will be …
@PopTart @scott Hillary shmillary. She's just using drug prices as a populist tool to help her poll numbers.
AND to deflect attention from her own issues...private server, Clinton Foundation taking $$ from foreign governments, missing emails, Hum…
If you think healthcare pricing will be a bigger issue, I'd buy CVS or ESRX.
I like Walgreens (although they do not have a PBM like CVS does)partly because of their association with Theranos (http://www.engadget.com/2014/11/18/walgreens-blood-test…
Linked below are more current comments from Secretary Clinton. I'm thinking the baby is getting tossed out with the bathwater here....I would like to see the CEO of Turing get skewered, but *DEVELOPERS* of orphan compounds absolutely can't survive o…
With respect to GILD specifically, wouldn't say "excessive speculation", but sure as hell would say excessive automated trading. You can't tell me that these ridiculous swings every day are due to anything but automated trades taking advantage of, a…
Gee, do you think the excessive speculation in these stocks might be partly to blame?
Some small cap biotechs, to some degree sure. Large caps? No. If anything, most of the large caps are reasonable.
Added to HQL again. Thanks Hillary, I'm sure you'll still take in plenty of campaign funds from the healthcare companies - they understand you have to BS the public to get votes.
I do think that companies that are kind of healthcare hedge funds (Va…
Pimco saying that the Fed may be stuck at ZIRP (and quite frankly, it would not surprise me.)
http://www.zerohedge.com/news/2015-09-22/pimcos-balls-fed-there-will-be-no-escape-zirp
Perhaps that's why Bullard looked like he was about to rage on CNBC…
"The core reasons we had a financial crisis in 2008 (over-consumption by the West, under consumption in the East) never got fixed and so central bankers were forced to brew up a huge credit bubble that has both sowed the seeds of the next crisis and…
Like it or not drug pricing was bound to be an issue over the next year in the run-up to the election, at the likely expense of anything even remotely related to health care. Hillary waged war with the drug companies 20+ years ago and is doing so a…
Hillary's focused on drug prices but this issue could spread to health care pricing in general, and on both sides of the aisle. The Republicans don't like Obamacare and Hillary wants to reign in drug prices. Either way, health care loses.
I supp…
LOL, this doesn't mention a very angry looking St Louis Fed president Bullard on CNBC this morning, where he went mental at Cramer for "cheerleading lower rates" and calling him "unsavory" . One of the most awkward moments on CNBC in a while.
Someo…
Hank, was going to post this but sounds a bit like a drama queen so will just post it hidden in this thread. I am going to delete this fine forum from my computer. Great as it is, it takes up too much of my time and the off trail hiking season at…
I added a little to Danaher (DHR). Also added Fiserv (FISV) this week after getting rid of competitor FIS a couple of weeks ago after that company did a huge purchase I didn't like at all. Also added lightly to Ecolab (ECL), which I think has become…
Reits have been celebrating the Feds inaction. I picked up more VTR last week, and may spring for an additional slug of O.
I like their lack of correlation with the market in general to this point.
Yeah, I thought about picking up income names y…
U.S. leads in health care spending.
Maybe we're healthier, but they're having a better time?
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http://time.com/2888403/u-s-health-care-ranked-worst-in-the-developed-world/
"It's been 15 years and counting for Japan since its first ill-advised attempt at hiking rates. That's a cautionary tale the Federal Reserve is well aware of as it contemplates raising rates as soon as this week, and maybe the most convincing argume…
Was actually thinking about buying some income names if they were thrown out after the Fed hiked rates. Since that didn't happen, no view on doing anything for the time being.
Four governors now see hike after 2015. This is hysterical - they're no…
Meh. I'd rather not be reminded of the direction this country is headed (not that it's going in a good direction now, but next election doesn't look to bring much hope.)
Added to a few things a couple of days ago. At this point, if the Fed does raise and income names go down I may make a few slight additions but aside from that...not doing anything.
I've called this "Hotel California" monetary policy before and I think that's still where we are. I think this ends badly, but I really question what that looks like and whether it's a repeat of past crisis or looks different.
They could raise rat…
Personally, I think the metals are more an insurance for certain scenarios. I do think that there is a desire from some to put all their eggs in one basket, but I think there are a number of things that provide some level of protection against vario…
"Guys, we have a new 100-year issuance from Petrobras."
"Isn't that company in trouble as part of the country's larger political scandal?"
"Yeah, but they're issuing a ONE HUNDRED YEAR bond! That MUST mean they're okay!"
"Oooh, okay, lets buy a s…
When half the Chinese market was halted, I thought, wow this is a great way to increase panic because when you close doors, it's just going to make people that much more tense and really start moving towards what exits are available.
Ultimately, yo…
I have a very difficult time believing that we will see $20 oil. $20 oil and you will likely see some manner of crisis in energy with defaults and more significant distress to the majors (dividends dropped in one or more names.) I don't want to see …
Apple has as much money as some small countries, but at some point there has to be a move beyond mild, incremental updates to the phone and expensive accessories. Whether or not they will move towards the car is yet to be seen and I'm not sure what …
Informed doesn't count. Abrasiveness and ability to keep repeating mindless talking points is what it's all about. Didn't you know?
4 out of 5 news organizations agree.
Wow, this turned into quite the thread, btw.
Not much. A couple of stocks and an assortment of funds. Not adding or selling. I'm particularly concerned about Brazil/LatAm. China/Asia not so much. Everyone's worried about China, no one's really talking about Brazil much.