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.
One may suppose that an investment vehicle that has growth over and above the "reported" CPI-U or whichever CPI one chooses to use, is inflation fighting.
The author notes: "Labor costs, marketing and sales costs, and technology costs have become …
Hey there hank,
Gosh, may as well shoot the 3 pointer and go for about 1.25%, eh???
We indeed live in strange and perverted monetary times. The one real thing I know today, is that the mosquito I killed upon my arm, was alive.
Take care up there,
C…
As "Arnold" noted in the movie, Terminator; "I'll be bacccccck." Don't know if Mr. Bernanke has seen the show; but he has likely heard the phrase. 'Course, the movie "Run Silent/Run Deep" also holds some position with the game of wait and see; that …
Hi OJ,
I was thinking about you when I was typing the words..........and the "number".
EDIT is a touch away if you would prefer I adjust the number higher...:):):)
We older ones must take comfort that our age has helped give us the gift of knowled…
Yup, that continues; too. The least of Ben's considerations, although he has noted that problem. A roadside lcd sign yesterday indicated a MI bank, Flagstar was offering a 1.03%, 1 year CD. Okay......... However, this bank has been one of the high …
As of 11am, pretty much everything; except the $US is happy FINVIZ futures.
The equity/bond forces continue the battle.
The 10 year note price was - 1.1% for awhile in the 3 hour period, pre-market; and is now positive at about, + .3%.
This is a…
Hi scott,
Our house has been a seller (and buyer, too) at Ebay since early 1997. Many seller rule changes from about 5 years ago in particular really changed eBay; and many large seller operations moved away to other auction sites or to run their o…
Accipiter,
With the "wonder" of YouTube, I recently linked No. 9 to a much younger one than we; to note the never ending words written about the affliction of the emotional side of human nature, regardless of the seriousness or lack of; to the word…
Howdy Archaic,
.........Lambertville NJ............was there a very small restaurant there named the Hoagie Shop or Hop ??? Any recall of such a name? Regardless, a wonderful hoagie menu existed at a small restaurant in that town in the early1970's…
Howdy Accipiter,
Would have enjoyed being a watching bird in Laurel Canyon with John Mayall and the others, in 1969, for the next 10 years.
What stories could be told........and some have.
Take care,
Catch
Max,
The witches brew is being steamed as we write here.............to find whether Jackson Hole is more than just a name; or whether it should become a board game played by only a special few. The other side of this coin is that Jackson Hole will …
Hi scott,
I agree................monetary perversion rules the day. I can't imagine that most folks, including the PhD's are really sure what the true worth may be of lots of things, including investment sectors.
Heck, one doesn't have to even driv…
Reply to @johnN:
2x inflation since 2007? Not where we live. Do you need twice the money for your standard of living, versus 2007, in Texas? Things must be popp'in more there than I recall.
The "official" CPI guage indicates that what cost $1 i…
Not unlike an equity, one has to determine at any given point; what they may consider overbought/priced too high.
Had Apple Computer been paying a 5% dividend at the beginning of the year, one now finds the reported yield at about .4%; and could go…
Comments sections always worth some interesting opinions
The book, The Millionaire Next Door (1998), although now dated for monetary values from inflation; remains consistent over the years relative to the human element and mind set that determine…
Howdy,
The search function is very limited and basically not of use.
Search is indicated at the home page, but the discussion only has the "box" and I suppose most folks understand it is a word search box.
1. Any word of 3 letters or less will …
Hi Skeeter,
Thank you for your time and the explanation. I do see where one would use this with other data sets to help obtain a bigger picture.
I used to place some value in watching the yield curve and I recall a few discussions about this at FA.…
Hi hank,
Whew, had to read the subject again. For a minute I thought you might begin to write about congress.............An odd paradox that what causes misery for so many means profits for some.
Nice day up north, too; eh?
Take care,
Catch
Morn'in Coffee,
From the article: " Paul Ryan is also opposing any form of state or local government bailout. [16 large cities facing bankruptcy]:
"We can't do a bailout. If we bailed out one state, then all of the debt of all of the states is no…
Hi Skeeter,
We all have our own methods we use for attempting where our own portfolio mix should be placed at any given time; and you have written previously about some of the tools you have used for many years, including data from charts.
You not…
Hi Old_Joe,
I do believe you found the best method for show and tell with the character swap (@) for the letter "a"; so that the MFO page won't go crazy thinking there is some type of massive link, and/or failure to understand what is being attempt…
Howdy hawleyl,
The Fido Annuity naming you note was from my portion of that subject thread. Larry, the html coding examples I attempted to use here, although separated; tried to make one big link here.
I will look around for a decent tutorial. You…
Hi Old_Joe,
I am the laundry management staffer at this house and always check the pockets to remove the coins. :):):)
As to the holds, the Patriot Act/Homeland Security have attempted to add lots of checks to money flows. 'Course, this only appl…
Howdy fredk,
You noted: "Of course another massive recession could change that and that is why people invest in annuities, I think. You know you'll get your annuity payment every month regardless of a second or third great depression."
Lincoln Na…
Howdy romroc,
A few comments based upon this: " My son thinks everything in the markets is no longer cheap, so not worth holding. He also expects inflation to rattle the bond markets if I understand him correctly. Some have said that the trouble in…
Hi Hiyield007,
Mr. Gundlach does have an edge about his confidence; and I understand your feeling regarding this.
Hopefully, you and others may have 12 minutes for this most interesting video interview of Mr. G, with Tom Keene at Bloomberg.
Mr. G,…
Hi scott,
Thank you. I use that site, too. Also use Kelly Bluebook. Very nice tools to set years, make, model and distance from any given zipcode.
Take care,
Catch
Howdy HY007,
I assess Mr. Gundlach to be one of the sharpest folks on the block at this time, regarding the mortgage areas. He has recently (March ?) stated being a little edgy with this area.
M*, DLNTX holdings
Regards,
Catch
Hi Sven,
Yes, I watch and watched all bond areas. This link to a recent posting covers some of this: MFO, August 14
As to T's and HY. Treasuries have been the run to area for safety/risk off; and some feel this is no longer a concern (safety). The…
Hi msf,
Thank you for the additional notes. One may suspect that this best and brightest of this other side of life tend to gravitate to positions of power.
The ironic side of this; at least to the thoughts I have had about "these folks", is that a…
Hi fundalarm,
We attempt the same here; as to the point of trying to have a discussion, as needed about anything they may come into play from school or the short blasts of tv news blips that do little more than announce that something happened, but …
Hi HY,
My old memory cells recall that you considered becoming Stockster during a period at FundAlarm. Did you move into some of the equity area and away from junk then? My best guess for this note is about 2 years ago.
Regarding MWCRX. I took a q…
Hi scott,
That's okay. I have a list longer than my arm about all such events over the past few years that I have not and may not post here. I really do not choose to post the negative's that surround our investment world; but folks sure as heck s…
Evening hank,
I believe I did ring the first bell on August 13 noting the bond pricing shifts; but hopefully it is not the same type of bell that was rung, after the fact, for the sinking of the Edmund Fitzgerald; at the Mariner's Hall in Detroit. …
Hi fundalarm,
Hoping you and yours are doing well.
As you noted: " The yield rally therefore doesn’t necessarily reflect surging risk appetites (and the money certainly isn’t rushing into equities) or even material changes in eco growth or central…
Hi Scott,
Will be interesting to find whether new and/or some bond investors are/have been watching the numbers related to dollar pricing with bonds the past few weeks; as has been noted, beginning July 25. Might just cause some head scratching fro…
