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.
Yes, Mr. Market always overreacts. "The Street" expected more rate cuts than we are going to actually get. I could smell that coming. Maybe most of us in here? I suppose it was fortuitous that my biggest holding paid off for the year today. PRWCX.
Interesting article about the potential of bad drones. The local law enforcement is basically powerless in countering bad drones - they have to use secondary methods (traffic cameras, local intelligence, etc) to detect bad drones.
The only federal …
Bonds. For about a week or more, M* has suddenly decided that 36.16% of my bonds are unclassifiable. LOL. Nevertheless, their X-Ray numbers show my bonds earning me a 3.92% yield. A bunch of that is not up to me; it's bonds held in allocation funds:…
With the inflation being sticky, it is likely the rate will stay higher and longer with fewer cuts in 2025. One pundit mentioned there may be no cut next year and one or two cut in 2026.
Right, no one can say what will definitely happen, not even …
@hank : What remained of the wall was sold for scrap when Dems took control.
ORK? ?????????
OK, maybe the wall was a bad idea. A 50-foot-tall wall will only produce 51-foot ladders. But why not leave it up. Might not be the way the Dems wanted to go…
Also heard Giroux on Wealthtrack. Hard to keep up with him, but he does reassure me as an investor in PRWCX and only since Friday, PRCFX. Ya, I am probably doubling-down on his favorite stocks, but, WOW: After the switch out of PRFDX into PRCFX, my…
Saw Josh Brown there. Knows stuff. "Reformed Broker." And "Downtown Josh Brown." I'm instantly focused. Let's see what they all have to say..... Rieder: Focus AWAY from the noise. Dig deeper into substantial, deeper data, then make some judgments ab…
12/13/2024. Dani Burger is in.
https://www.bloomberg.com/news/videos/2024-12-13/bloomberg-real-yield-12-13-2024-video
The Market is virtually certain of a .25% rate cut this month from The Fed.
Rick Rieder: back end of the curve is not worth it. Ex…
From Crash, re: 2025: Market returns will be sub-par, or at the low end of average. Bonds might be just as attractive as equities. The economy is balancing on a colossal mountain of gummint debt. Tax breaks, or extended tax breaks for those who need…
Switching out of PRFDX and into PRCFX. The ride has been too bumpy. And disappointing. So, the change. Also reinvesting the BHB dividend into more shares.
shakin' my head in disgust. Trump's criminal tong, including himself.
Pres. Lincoln felt compelled to exercise some judgment and restraint, however:
"'Have you seen Mr. Stanton?'
"We told him yes, that he had refused us. He (Mr. Lincoln) then sai…
@Crash, no kidding!
Whenever and wherever I can do it, I use fiction. After attempting, several years ago, to log-into Facebook from Canada, I was locked out--- presumably because I did it from Canada. Nothing else had changed. So, I created a new p…
no joke. Like I've been saying, we are doomed. The voters have spoken. And they've given it to themselves right up where the sun don't shine. Smiling. Loving it, all the way. Oblivious. Clueless. Ignorant. Yes, that's a good word for the American vo…
"...the extent its sales depended on volatile cryptocurrency miners...."
filthy, risky, irresponsible, stoopid. all concerned are used douche nozzles.
...And, with reference to Eli Wallach, above: one good turn deserves another. Yes, consumers and …
yes, people will lose jobs. that stinks. lately, i feel inured to such things. it's just motherloving private capitalism. no one seems to want to try anything different... every 2 or 4 years, people just switch flavors, from r to d and then back aga…
In case anyone is wondering:
"Who appointed the current postmaster general?
On May 6, 2020, the bipartisan USPS Board of Governors, all selected by Trump and confirmed by the Senate, announced DeJoy's appointment as postmaster general and CEO, desp…
"...while resentment can put bad people in power, in the long run it can’t keep them there. At some point the public will realize that most politicians railing against elites actually are elites in every sense that matters and start to hold them acc…
No love here for those big chains. Let them suck dirt. Just switched from Long's/CVS to Walgreen's, but don't expect much improvement. At least the employee on the phone speaks English. Long's just wasn't paying attention, refused to acknowledge mis…
