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.
Hi @VintageFreak
A quick look at the portfolio of the fund ( RSIVX ) you mentioned indicate why the recent price drops.
First, a quick look at S&P's bond rating guide:
"AAA" and "AA" (high credit quality) and "A" and "BBB" (medium credit quali…
I posted the below last week, but it was likely not viewed by most. Now that we have arrived at QEE (Quantitative Easing Extreme) .....thank you for your indulgence.
----------------------------------------------------------------------------------…
"The Federal Reserve is providing the fuel for this morning's reversal, announcing that it will purchase Treasuries and mortgage-backed securities "in amounts needed," along with plans to buy corporate bonds and municipal securities and a lending p…
Hi @rforno
AAA Treasury issues should prove and provide benefit, IF nothing changes overnight and through Monday; for direct fund holders or positions held in broad bond funds.
Treasury futures look....... the Jun '20 issues
Hi @Crash
VUIAX will pay an even higher yield if the price continues to fall. A simple math function that looks good on the outside; but the higher yield for this fund is from the sacrifice of price return, YTD of -26.31%. A pretty serious sacrifice…
Hi @Derf
@FD1000 said,"As usual, I follow my chart/trends and they come directly from the price which is the end result of the opinions of all traders. "
Something like the Junkster would have said ! Follow the price !
This method "price"; is a ful…
Hi @MikeW
The below chart start point is set in reference to the vote date for the "bail out" program.
SPY large cap, one year, Oct. 14, 2008 - Oct. 15, 2009
So, $100k on Oct. 14, 2008 has a value of $68,500 on March 6, 2009 (-31.5%) and finds a…
I've removed the prior Dumbfounded title; as apparently the Fed. has fixed credit markets for awhile, and/or all of the folks who had to raise cash are about finished with that exercise; and the big selling is done. I'm sure a few of these folks are…
Morning........Friday, March 20, 9am
Overnight and pre-market suggests that AAA bonds are a bit more "normal" in actions relative to the existing equity tensions.
Corporate bonds and junk bonds appear to have some bottom fishing in place.
If these…
If one discovers valid articles related to what would be a TARP or TALF (original programs links at first page above), version II, please let us know. I see @Mark recently posted regarding mutual fund money market funds back stops. Something similar…
I'll reload this one from a post a few days ago. If you find the most current news story is more than 10 minutes old.........look at the top of the news story list and CLICK THE BURNT ORANGE shaded words, "moved here" . You'll have the newest feeds …
Monday, March 16 close numbers; which will be reflected in your bond fund holdings or allocation fund; depending on sector exposure and percent mix.
Gov't. issues, except LQD
--- SHY = (1-3 yr bills) +.16%
--- IEI = (3-7 yr notes) +1.04%
--- IEF …
my friend will retire in 6-6 yr, he lost 27% of porfolio past 4 wks.
This is a paper lose I presume; meaning he did not sell anything for a real lose, yes?
As with @Mark . Tis not possible at this point to provide any guidance.
john,you agree, y…
@msf and @Mark
I will add that the current benchmark, IMHO; is South Korea and their actions and abilities.
And that Taiwan, has been going forward in their thinking since opening their economy to outside investments in the late 1960's with letting…
The following is my own form of comic relief, with a shoulder shrug and side to side head shake; combined with the serious side. I'm reluctant to post, but.....
In the way back days I lived in Taiwan for 2 years. There would be, as there are now; t…
Hi @rono
I will add, and this was discussed during the 2008 market melt; that a quick "helper" is for the Treasury to issue all U.S. individual taxpayers on current record (a gross, upper income limit would have to be established based upon last yea…
@Crash
You're are likely still in the sleep zone at your house. But, you may review this link regarding the reactions of your bond fund relative to the broad bond market actions.
While it is unknown what the managers attempted of the fund did durin…
I've already stepped through this previous; but a re-do for those who didn't read/see.
A quick look at S&P's bond rating guide:
"AAA" and "AA" (high credit quality) and "A" and "BBB" (medium credit quality) are considered investment grade. Cre…
Not directly related to COVID-19; but the current results are similar.
I posted this back in 2011; or there about. I need some comic relief again, don't know about you.
Are we all going to receive another quantitative easing? I don't know. What's…
Thank you @Old_Joe for the WSJ overview
The below link is from a report about noon on Friday. Most Treasury issues prices remain negative at 3pm, and in particular the 30 year stuff which is -2 to -3%. Yields moving UP. So, I still don't understand…
@FD1000
After whatever happened to yield rising Mon and Tues; yields in gov't issues are moving down today (9am); except I expect corp. bonds to lose price again today in continuing down trend.......too much corp. debt and nasty forward company prof…
john
Is it necessary to post the entire text?
So, Gordon Scott, CMT; is telling us that at 4pm today you were involved in a serious auto accident, although we remained conscious the whole time. Like we don't remember anything.
DUH!
The below article link, written late today, expresses some reasoning as to yield increases today. Nothing really defined to me; and I will monitor for other writes about this subject that may offer definitive reasoning or examples.
ARTICLE
@johnN
You do fully understand the function of the normal path of gov't. bills-bonds during periods of equity down market corrections, yes???
The current circumstance I outlined is NOT NORMAL.
The down move in your Mom's equity portfolio should nor…
Not to the subject, and @davidrmoran is more aware of this; but Harvard is closing it's doors as of March 15. All students to vacate as they would at the end of term. Pack it up and leave, no exceptions.
So, the "smoke them if you've got them" does…
Morn'in @Old_Skeet
In tabulating my portfolio's asset allocation yesterday evening I noticed that my income funds were down while my equity funds were up. What's this saying?
My view: As I noted in a previous post.
While equity had an up day (Mar…
Gary, you noted:
Quote from David, "continue ignoring financial pornography, screaming heads, click-bait and other appeals to my worst instincts. Between rising market volatility, rising political frenzy and international challenges occasioned by di…
Hi @Bobpa
A quick look at the portfolio's of the funds you mentioned indicate why the price drops today.
First, a short look at S&P's bond rating guide:
"AAA" and "AA" (high credit quality) and "A" and "BBB" (medium credit quality) are consi…
Over the years, I've not been convinced Affiliated Research (Mr. Arnott, and associates); and especially in light of reviewing 2 Pimco offerings over the years; that I would have a profitable adventure from their methods.
A simple chart review of …
