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.
About those unemployment numbers (quoting Heather Cox Richardson):
" The report showed an unemployment rate of 13.3%, although it had been expected to come in about six points higher. Even with those gains, the US has one of the highest unemploymen…
@VF - which begs the question why do you even use funds at all if you feel they exist only to enhance themselves by virtue of the fees you pay. Assemble your own fund and be done with it. I don't get it.
I know next to squat about bonds but on the hunch that the managers of ANGL (Van Eck Vectors/Fallen Angel High Yield fund) might find some new angels in the dumpster after the market puke I anted in about six weeks ago. It's been a good ride.
p.s. …
You might find that the attached article by Jennifer Warren: Mental-Distancing Investing For The New Economic Paradigm quite pertinent to the topic of this discussion. While Ms. Warren is recognized as an expert in the oil patch her comments resonat…
That will be welcome as well @PRESSmUP. As a crowd of peaceful protestors in broad daylight we have been tear gassed and fired upon with rubber bullets simply as a measure of them trying to show us who's boss. You can imagine how well that went over…
I live in Minneapolis and I've said before that we are witnessing an attempt at a takeover of our country by a wannabe fascist dictator. This from Heather Cox Richardson on FB:
"A reminder: we do not yet know who is behind the looting and violence,…
Judging by those steep advancements to the rear in the unemployment rate maybe the S&P drop just hasn't caught up yet. Once realized, then the damage can be accurately assessed and repairs made. Just MHO.
@Starchild - I'd be first in line for that vaccine. Obnoxious me also thinks that your lack of concern for your fellow citizens is beyond obnoxious. Big brother is not the problem here, simple minds are. This disease is not a game or is 100K not a h…
As I've mentioned several times over the past few months I have confined myself to mostly "selling" into strength. My belief is that it is not the institutions or family funds (i.e. big money) which are buying but rather the Joe Six-pack folks. I gu…
@hank - and so it shall be.
Lyn Alden Schwartzer's May 19 article, "First Liquidity, Then Solvency," is a brief, detailed and chart-laden description of today's economy and market.
"Does it get better from here, or is this a big fake-out for anot…
Lyn Alden Schwartzer's May 19 article, "First Liquidity, Then Solvency," is a brief, detailed and chart-laden description of today's economy and market.
"Does it get better from here, or is this a big fake-out for another round of selling as we mo…
I stopped listening to Cramer maybe 2-3 days after he first appeared on the scene. His madman sputtering and blubbering just didn't cut it for me. He's also no better or worse than any other alleged guru. Do your own research and follow your own bes…
What I can honestly believe is that a country that doesn't take care of their poor and disadvantaged citizens is a massive failure. Why is it appropriate to give massive tax breaks to corporations and the richest among us and giant subsidies to cert…
Well the article title does say "up to" 9% so there's that. What if you want more? I know some, own them, but wouldn't advise them to most at this time. If I was any good at the trading game I probably would have and should have sold them but I won'…
@Derf - in the country it's still a thing for many. Either that or propane due to the lack of city services. Those folks have no choice and propane during the heating season can be priced beyond expensive. Now many supplement with firewood but one l…
