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 don't interpret it as having trouble, but the funds are in "quiet period" with SEC so they are getting everything in order before the funds start to being offered. It appears the opening date has been moved from August 11 to September 10. Look…
Then there is this market topping signal that works sometimes:
from the linked article:
High readings mean that the Oscillator has been moving a lot, which reflects a more violent condition in the breadth numbers associated with a bottoming conditi…
if it turns out that the universal (nationwide) injunction is prohibited by CASA then whether the District Court checked all the boxes, and whether it did so in a procedurally correct way are moot questions.
True, but CASA is a very new (interpret…
Nice! I was subject of a data breach at a major US pharmacy chain a few years ago and was blackmailed with that data by the thieves (or their customers/underlings). All I got in return was a long and deeply felt letter of apology from the corporate …
Regarding CIT - since it went out of its way to justify the injunction after issuing its ruling, it seems likely to again justify the injunction.
Oh, so it is possible that we might get the injunction back before SCOTUS takes up the appeal... An…
Appreciated the detailed elucidation from all involved.
ISTM the court has made a wise decision not to adopt the concurrence as the court opinion. That would serve as an invitation for the current Supreme Court to rule on further expanding presiden…
P.S. It would be some relief to have the de minimis tariffs of whatever kind back and if this compromise decision helps bring it about - so much the better. I would venture, however, that the ensuing chaos in the world's postal and trade networks is…
Thank you for pointing out the inaccurate quotation, @msf. I have changed it in my original post so that there are no discrepancies.
However, the basic premise remains the same: whether they are talking about instances or kinds, they are prolonging…
This looks to have been more of a 4-3-4 decision that did not go exactly along the party lines as per appointees: [3x Dem, 1x Rep] - [3x Dem] - [1x Dem, 3x Rep]
Also, there is this bit [corrected per msf post below]:
We are not addressing whether t…
We've had a good discussion of the subject on the Moneymarket Rate Creep thread.
Unfortunately, the 14 months No-Penalty Sally Mae Bank CD is down to 3.95% APY.
However, there are still some appealing options:
1. On raisin.com one can get $10…
And has the UK been mentioned already?
Wow, there is a whole bunch I'd apparently overlooked!
France’s La Poste on Monday joined other operators, including Germany’s Deutsche Post, Spain’s Correos, Poste Italiane and the Belgian, Swedish and Dani…
Korea Post and Sweden’s PostNord are getting into the "no shipments to US" game.
I bought into DHLGY a few months ago. They're the go-to folks in Europe and also are popular in RoW. Nice dividend and besides the German witholding I get back on m…
BLX and FBP.
I was not necessarily looking for LatAm banks, but these two looked good when I was shopping and investigating. I insist on getting a dividend of at least 3% due to the higher risk in single stocks as opposed to mutual funds. My third…
Since the beginning of the year, every financial pro out there keeps talking about weak dollar prospects and the need to reallocate abroad, yet the stock market keeps going up.
This sounds like a bubble diagnosis, which reminded me of February com…
@rforno What is your outlook for European defense & aerospace going forward (especially, if we get a ceasefire or some other hostilities reprieve in Ukraine)?
@Crash Really nice jump for Bombardier in July. Alas, I am generally leery of buying individual stocks after a big move. Also, after brief research, it looks like the stock nearly doubled in the runup to / after a major order. But while the order wa…
More evidence of creeping inflation: US import prices rebound in July on higher consumer goods costs (08-15-25).
"U.S. import prices rebounded in July, boosted by higher costs for consumer goods, the latest indication that inflation was poised to p…
Unemployment picture is mixed while inflation is on the upswing based on PPI: US Jobless Claims Edge Lower, Continuing Claims Remain Elevated (08-14-25).
After today's news that PPI rose 0.9% in July, probability of no cut is 7.4%, 25 bps cut is 92.6%, while a 50 bps cut is now at 0% for September 17th Fed meeting.
Updated SEC filing extending effective date to September 10, 2025.
https://www.sec.gov/Archives/edgar/data/806633/000119312525177837/d85664d485bxt.htm
@TheShadow - should this be interpreted as Wasatch having trouble raising enough money to launch…
@yogibearbull
The alleged die-off of alternative funds in the '10s could be evidence of healthy 'wheat from chaff' separation typical of any newly emerging category. Chart in the article ends at 2020, which leaves me wondering whether the improved …
Yugo first mentioned Sallie Mae (nice find)
Thanks, @msf - thought I'd also mention a couple of 4.25%+ APY savings options:
1. Citibank has been offering a rolling 3-month bonus rate on their savings account.
The rate has been dropping lately bu…
I do not own VTAPX but have considered it as well as several other inflation-protected funds. I have also looked at NEAR before but did not invest. Being pretty risk-tolerant, I was just curious about the logic of picking one over the other, so than…
Being a gambler at heart I’m inclined to roll the dice a little. “Anything but cash” for me. I like Blackrock’s short-term bond fund NEAR for monies you guys would probably commit to cash.
[...]
Unless the economy totally tanks and goes into a …
Keeping with the general FWIW theme, my two main MM funds look to have been holding fairly steady, though WMPXX has been drifting down a bit...
IMRXX ($1,000 min)
May 30: 4.36%
July 14: 4.35% (decrease)
Aug 5 : 4.35% (no change)
Aug 7 : 4.34% (d…
Thanks everyone for the positive comments on the story! Just wanted to share the experience in case someone here might find it useful (and/or entertaining).
I've got to concede, though, that the cd labeler tale has mine beat by the sheer timespan. …
While not trying to minimize your personal travails with Marcus, they beg the question: are your experiences typical or are you an outlier? YMMV.
My experiences are just the opposite - everything handled efficiently electronically or by phone, im…
And if you want something liquid and FDIC insured, Marcus is offering 7 and 13 month no penalty CDs with APY of 4.15%.
I would go with the longer term. If rates go up one can cash out and reinvest at a higher rate. Or if the Fed pushes rates d…
I agree re Micro, @Derf, but Contrarian is not doing so fine either, imho.
Both are in the bottom quartile of M* category ranking YTD. Unlike Micro, however, Contrarian has been in the top quartile for the prior three years straight - hence, my po…
Q1 Letter:
We anticipate Robert Gardiner, Chairman of Grandeur Peak, and co-founder, will return as Portfolio Manager of the Global Contrarian Fund when he returns to a full-time role in July 2025, following his three-year service sabbatical.
Q2 Le…
Re yield: Inflation fears in expectation of and after Trump's win and more tariffs / higher inflation.
Re gold: People are switching from gold to crypto after Trump's win / remarks as inflation hedge.
Just my 2c.
