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.
Gotta point. Yet The Orange Criminal did assert, falsely and ridiculously--- that Harris is responsible for the latest 2 or 3-day market meltdown. Not a word out of his mouth corresponds to actual reality. From that angle, such remarks in response a…
In the account I babysit for a colleague, I emptied his PRTXX MMF and bought PRFDX. I'm re-growing cash now in my own account, after buying BHB the day before the market tantrum, yesterday. The Market sank last Friday, too. I'm confident it will bou…
I’ve been reading the lastest book by Lawrence McDonald, “ How to Listen When Markets Speak: Risks, Myths, and Investment Opportunities in a Radically Reshaped Economy”.
Very interesting, a cautionary tale. Very worthwhile…particularly now.
+1.
Jus…
Latest poll shows her overtaking Trump by a still very slim +1.9%.
https://projects.fivethirtyeight.com/polls/president-general/2024/national/
But of course, elections are won State by State (still!) in this crazy country.
Politics and military stuff has been mentioned above, as a piece of the macro-picture.
From the Jordan Times, out of Amman:
https://www.jordantimes.com/news/region/iran-says-expects-hizbollah-hit-deeper-inside-israel
No one wants to include Cornel West. But he's in the race, even if as a pre-determined loser. Because of the silly State-by-State election process, and because Hawaii is locked-up tight already by the Dems, I just may vote for uncle Cornel, because …
https://www.hawaiinewsnow.com/2024/08/02/no-tsunami-threat-hawaii-following-large-earthquake-off-philippines/, learning and re-learning stuff on this thread. Thanks, all. And @Junkster knows junk. Time to exchange my junk for something else.
@Cras…
Mr. Market always overreacts, both to good news and bad. I've seen this movie, over and over. Still, the upcoming anticipated rate cuts does set the table for a new regime. Keep a close eye on those corporate earnings, and employment numbers. "The U…
Regarding that lily white business I'm just wondering, was he always orange or did he just suddenly become that?
Somebody should look into that I think. I, of course, don't give a flying eff but it is weird.
LOL. Such wit. Thanks.
Shapiro looks li…
02 Aug '24: Scarlet Fu, in for David Westin. He's in Aspen. But he did have a segment today.
Mike McKee started, giving a Big Picture view of developments today. Sensible, easily unpacking stuff that could be expressed in a more arcane way... He's …
@Crash
Yields will be falling, even if gradually, while bond share prices rise
My favorite place to be with bonds, being falling yields = rising prices, this is when the money is made in this sector.
No argument here. I just made the choice to grab…
02 Aug, '24:
https://www.bloomberg.com/news/videos/2024-08-02/bloomberg-real-yield-08-02-2024
Austan Goolsbee, Chicago Fed President. He was pressed and pushed back. Reading between the lines, it seems clear that he's hinting that cuts (plural) wil…
@Crash , you noted:
Not the time to buy into a Core-Plus bond fund
Why this comment?
Thank you.
I figure, on a day like today, everyone and his uncle will be running into the safety of bonds. (Watching Bloomberg, my idea was confirmed. Today, bonds…
Fido’s site was uncharacteristicly slow when I placed several orders shortly after the open today. Maybe a lot of “dippers” scooping things up?
Gotta be. System would not keep up. That's why my money had to be freed-up MANUALLY.
Balance screen may update overnight only. If you cancelled an order, and if the system allows it, you can buy with those funds. I have margin, so these transient issues don't arise - there won't be a margin impact.
+1. Gotcha. They fixed it. :) I …
Markets tumbling. Change of plan. Not the time to buy into a Core-Plus bond fund. But my fav. regional bank BHB is on sale. Just bought a slug of shares. Money is out of the MMF now. Yields will fall. Just a bit of cash leftover. I'll keep it availa…
Crash, Not a buying opportunity for your want list?
Actually, yes: WCPNX. In a week's time, I'll sell FALN and merge that $$$ into WCPNX, too.
Other buys: I caught ET at $15.95 just the other day. Feels like I got a great price, considering the …
Bloodbath today. Aug 1, '24. Not the day to do anything. Watching yield on MMF.
EDIT TO ADD: Acceptable yield on SNVXX is on "thin ice." Time to sell-out and transfer the $$$ into Weitz Core Plus Bond, WCPNX. I hold big slugs of (junk) bonds in the …
Trump, Cruz, Vance for religion? I hasten to mention ...ummmm... that they are frauds, crazies, and they are some of the best examples of how to MIS-represent religion. Same with House Speaker, Johnson. (Gulp.)
"Not being religious, it makes me sick some would have the Bible taught in public schools - just one symbol for all the other religious based crap they’d seek to impose."
Yes, we do not want a theocracy. I can recall a deliberately provocative text…
Took a bit of "cash" in MMF to buy a handful of ET shares. It's been falling a bit. Earnings release on Aug 7th, '24. Div. ex-date on Aug. 09. Energy Transfer, LP. ... PRCFX is on the radar screen, but in the back seat, still.
Ditto. Learn the jargon, become familiar with the specialized, goofy terminology. Once you know enough to make a plan, do it slowly, grow it little by little. Stick to your plan, but never lock yourself into something while circumstances all around …
Those sorts of "Christians," who actually entertain and even support a Trump Presidency, are what gives Christianity such a black eye in the arena of public perception. Trump is a childish, selfish dolt, and so are those evangelical types who adore …
26 July.
Mid-cap banks on fire, past 3 weeks.
Larry Summers is high on the prospect of a Harris Presidency. He says Harris' previous push for Medicare For All is not a thing to be expected, any longer. (Bernie and AOC would have a thing or two to…
26 July, 2024:
https://www.bloomberg.com/news/videos/2024-07-26/bloomberg-real-yield-07-26-2024
TCW's Bryan Whalen: you're not getting compensated to be in junk, given the spread with I.G. Of course, one must slice the bologna a bit thinner than th…
