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@Anna - I can neither confirm or deny this snippet from Barrons:
"Pg 35: Many companies have cut or suspended dividends [MAR, F, JWN, BA] to conserve cash in anticipation of revenue and cash flow declines. But some financials, healthcare [CVS] and …
And I'm still failing to see your point. His client's can see the portfolios you refer to and can judge for themselves whether to stay or go. He's under no responsibility to share them publicly with non-paying interested parties such as yourself muc…
What's your point? Do you know what's in his portfolio's and in what proportion? Did you just pluck 3 PIMCO funds to make your point with a smiley face just to gloat? Do you think all portfolio managers should have sold everything to cash when you d…
He ignored the Puerto Ricans after hurricane devastation and nearly nobody resisted.
He separated and caged children on the US-Mexican border and nearly nobody resisted.
He abandoned our friends the Kurds and left them to die and nearly nobody resis…
I haven't been able to find a clear answer on that yet Anna. Here's what Dardens CEO had to say:
"CEO Gene Lee said the company has holding discussions with the White House and members of Congress about a plan to keep workers on its payroll and use…
Of course he would. He wants money for his hotels, resorts, casino's and golf courses. I also bet that the first check written is to him. I have no proof. Just me ranting on this seemingly never ending nightmare of a presidential administration and…
Yes, at least that's the way I interpreted his article but I'll reread it and correct my statement if I was wrong. He seemed to be saying that this is as bad as we're going to see it and readers would be missing a golden opportunity by waiting longe…
Hi David,
Thank you for asking. I learned about them through Bruce Springsteen and others who were major backers at the beginning. People going hungry around the globe when there is so, so much food going to waste is just appalling to me. Also, bes…
Too many unknown to even consider that SA Pollyanna view. I'll wait for Mr. Price to weigh in and I'm willing to miss the absolute bottom to do so. Hopefully by Fall the smog will start to lift but until then I'm willing to accumulate cash to see wh…
Just so it's clear to those unfamiliar with CEF's - not all CEF's are bond related. There are equity CEF's also. It doesn't seem to matter in the current market environment but they are different.
"... not a single equity sector generated a double-digit annualized return over the last 20 years, nor did any major asset class."
Letting that sink in a minute. That's harsh Dude.
As of this moment my position constitutes about 1.5% of my total portfolio roughly the same as 2 weeks ago. I can allow myself to ride along for awhile. Here is where confidence in one's active managers comes into play and where Bob C would usually …
Some "unknowns" that are making life difficult for the MBS trading gang as well as their risk managers and middle office mark-to-market folks...
We know that mortgage refi applications were surging in response to rapidly dropping rates, but how man…
I'd like to think you're right @sma3 but so far it has been shown over, and over, and over, and nauseatingly over again that his followers and fellow party members will back him to the hilt no matter what. Meanwhile I'd also like to think that as gr…
I would think that you'd be able to do that using the "in-kind" option on the transfer form. Again, easy at Fidelity and I have no knowledge of others.
Always a gamble during times like these but you don't have to go all-in. Tough call but if I were to sell i'd be more inclined to sit on the cash until I see more clarity and steadiness in the market. I see no reason to race to buy anything just yet…
Honestly if you hold the fund at a brokerage firm my first call would be there. The only evidence I can personally provide was that when I converted/transferred my T-IRA holdings to my Roth at Fidelity there were no issues at all. However there were…
You do realize how much better off we'd all be if 45 gave a news conference and nobody showed up or had his tweet account hacked/deleted/frozen/or otherwise disabled? If only.