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.
Yet, a large plurality voted him into office---AGAIN. Seems to me that holding any hope for the country entails an expectation that about half the country will grow a spine and a brain and a conscience, rather quickly. Chances? Nil.
Finally pulled the trigger: WBALX (Weitz) was down today; one too many days in the red, while other stuff was green. It's a "moderately conservative" balanced fund. Replacing it with BALFX. Also a balanced fund, American Funds family.
I just read that report re: the Time interview. No surprise. They called his bluff. He changed the subject and took credit for everything, when in fact, there's been zero success on the "tariff front." Such a childish, pathetic, narcissist. With pre…
....And mind you: A judicial warrant carries authority. The arresting ICE agents held an administrative warrant, which is crap.
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White House spokesman Kush Desai said in a statement to NBC, “The days of actively aiding and abetting …
Right on.
These girls sound like rich kids who surely could book a hotel upon arrival. Now they, and everyone they know, will never decide to visit the USA.
Trump is an evil, criminal, soul-less suck-hole.
The Beijing regime is flatly contradicting the Orange regime. "We're not currently talking to Washington's WH gang of criminals. Not at all."
https://www.cnbc.com/2025/04/24/china-says-no-talks-with-the-us-on-trade-calls-for-canceling-unilateral-t…
I hold one specific stock position which is foreign. Total Return after today is back up over 9%. BLX. Big commercial bank, plus it also works as the "go-to" bank for official gummint transactions; it was CREATED by a number of governments in Latam …
2025 starting total, including January's typical w/d, compared to today's market-close portfolio total, puts me just a hair above zero YTD. Of course, that will change tomorrow.
"....The Biden Administration’s HHS engaged in a multi-year campaign of delay, confusion, and non-responsiveness in an attempt to obstruct the Select Subcommittee’s investigation and hide evidence that could incriminate or embarrass senior public he…
Repugnants in Congress = spineless. There should be no need to wait and see IF we get the chance to vote. There are 50,000 things he could be impeached for.
Yes, Francis was a very good man, and a very good pope. It will be interesting to watch the succession politics- there's a very strong right-wing in the Catholic Church upper hierarchy, as well. The archbishop of San Francisco, for example, is a dri…
Krugman: "America as we know it may yet perish. But at this point we seem to have a chance..."
I am still aghast. So many voters are so utterly oblivious. Are we now in MAGA-land because the masses can be convinced of anything, if they just hear it…
I still don't own E & P. I am in midstream, with 6.44% of portfolio, currently. And ET just lately bought a huge office building in Houston. Are they outgrowing their current Dallas HQ? It certainly must be a BIG slug of money involved. But the …
"But for bond investors, starting yields matter much more than historical returns—and the higher the yield,
the better. Current yields are higher today than they have been for most of the past 15 years."
"Investors can capture a 6% yield on a mix o…
No guarantees in investing, ever. And Mr. Market hates uncertainty. There are countless possible flavors of THAT. But the current scene is beyond the beyond. This is like no one would ever have dared to imagine. That must be admitted. I pulled some …
ON topic: The Orange Abomination is solely responsible for the fact that the dollar is currently weaker, and investors are finding other havens, instead of Treasuries. Take a look at FX rates.
Everything is political, and it all connects to money …
Thank you very much!
(Internet search:) As of the latest information available, there is a planned protest in Honolulu on April 19. The event is scheduled to take place at the Hawaii State Capitol, located at 415 S. Beretania St. The protest is exp…
That’s the core of our nation’s crisis. If 47% of our fellow citizens approve of what’s happening then all is lost.
No matter what, if that's correct, then, yes: we are screwed.
@larryB yes, I am duly corrected. Silly me. I was thinking that policies, rules and laws actually matter. This is what deliberately manufactured chaos looks like.
"...As America dithered, the shock could spread from Treasuries to the rest of the financial system, bringing defaults and hedge-fund blow-ups. That is the sort of behaviour you would expect in an emerging market……“
We're already flirting with this…
Thursday 10-year 4.333% just before the close. (No Friday action. Good Friday Observance.) Also keeping an eye on FX. Euro up to $1.13, GBP $1.32, CDN $1.38 from $1.44 not long ago.
That Frederick Douglass is doing a great job... Isn't he?
I trust some people I disagree with. They're not univocal. I would not entrust them with my money, or in other situations, with very personal info. But I recognize their integrity--- a thing which is getting harder and harder to find, especially on …