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.
The UBS adviser cited seems to suggest putting money into real estate here/now in the wake of low rates, and a weakening economic outlook.
I'm scratching my head on that call. A weakening economy (if it materializes), would suggest office rental r…
A shocking article about SS.
Shocking because its coming from Marketwatch, but is nevertheless very well thought out, objective, fact-based and easy to understand. I wonder how an article this helpful made it past the Marketwatch editor.
As for …
This is the latest example of a poor article from a Forbes 'contributor'. Specifically, very poor timing. Where was this guy in late December? Probably busy selling all his preferreds. It is articles like this one with its incredibly poor timi…
Institutional owners should not be taking "stands" on behalf of their shareholders. Their shareholders are not of one mind. By taking "stands" on issues they will invariably be taking stands AGAINST the wishes of approximately half their sharehold…
"Insufficient basis to charge". So innocent until proven guilty... or do you make an exception for people with "R" behind their names, because your candidate lost.
There might be an issue OTHER than monetary policy goals which impacts Nigeria:
https://carnegieendowment.org/2018/07/17/new-taxonomy-for-corruption-in-nigeria-pub-76811
https://www.pwc.com/ng/en/press-room/impact-of-corruption-on-nigeria-s-econom…
For 30 months, the Dem shills in the MSM engaged in propaganda about "Russian Collusion" with the Trump Administration. Old Man Mueller found no basis to charge Trump with that. Where are the spate of apologies for the defamation of Trump which h…
Junkster:
Re PCI, I believe the drop has to do with the news from Argentina. The PCI portfolio included Argentine debt. I'd be surprised if the action in PCI the past few days is a 'tell' about action in IOFIX.
+1.26%
Wow.
I suspect ... these…
Message for Mr. Hassenstab (sung to the tune of "Don't cry for me Argentina")
Don't cry for Argentina....
The money you lost was just your fundholders.
No need to worry.
You keep your fee.
Yes Cliff, bonds are "frickin" expensive, here, now, today.
A suggested article for Cliff's next article: "Liquid-alt vehicles are always frickin expensive."
John:
If you mean a time where the Treasury (and other sovereign Govts) are unable to service their debts, at least more than for a day or 5, well my crystal ball tells me something else will occur. (see next paragraph) --- Though if you are trul…
Good for them.
The fascist regime in China (yes, the "Communist Party" is a national socialist government) may be able to crush the freedom fighters in HK, like they did in Tiannanmen Square, but unlike Bush 41, the current POTUS will know how to …
Silicone Valley tycoons "believe" in the free money because it shuts off talk about alternatives, and leave their wallets bulging. If tech & AI specifically, are going to cause increasing disruption of the job markets, one answer is to tax AI…
Anecdote: I have scant equity exposure overall, but a significant portion of what I do have, is "min-vol", in my case VMNVX.
I do think min-vol is a wonderful "factor", but the problem with any factor, is that when it becomes too popular, its effi…
I hear your $1k/month, and raise you $4k..
My fellow Americans, candidate Yang is tossing you scraps! $1k is subsistence living. Vote for me instead -- I will pay each of you $5k/month. No, wait $10k/month!
Ask not what you can do for you…
It might be "silly", but the US Trsy market still remains "hi-yield" compared to other OECD sovereign debt markets. So IF there is a bubble, our bond market is NOT the epicenter of it. Japan has had low rates for decades. So the "moment" can last a…
Hank, to address your question below, here is my perspective: The return of bond funds since the mid-Dec 2018 lows are primarily price-appreciation. Go take a look at the charts of quality bond funds/ETFs. Its like a rocket, and approaching (or…
I am a very conservative investor, so cash-management is probably more important to me than it is to many other investors who believe they should "keep their money working" (i.e. fully/near-fully invested). I also happen to use Fidelity.
Frankly,…
For anyone interested, pull up a long-term chart (10-yr) on AGG and TLT. Current prices are now in/at resistance levels on the charts. Sure prices may puncture through them, headed to the moon. But I suspect the more likely scenario is that pri…
GAM's CAGR (ave annual return) since Jan 2010 is 9.89%. Vanguard's S&P fund returned a CAGR of 12.97%. So "Mikey" at Forbes has provided an "income" idea by sacrificed almost 25% of the total return by owning GAM. GAM may be a "stockpi…
Tarwheel, the question is: WHY have tuition/fees far outpaced overall inflation? I cannot answer that question, but whatever the answers are, perhaps tackling/reducing costs which were not there 40-50 years ago would go a long way to reducing costs…
Looking at its returns from the life of the fund, DLEUX it seems to be reasonably comparable to VXUS in terms of both performance and volatility. I don't see a clear "winner" for either.
Were I intent on maintaining a broad, intl equity exposure …
"Saudi Arabia’s "flyadeal" airline said on Sunday that it would buy up to 50 Airbus A320neo planes, the direct rival to Boeing’s MAX that has been idled globally in the wake of two crashes within less than five months.
It's nice to see that our …
Every time I see one of these Wall Street guys bemoan "climate change" -- which itself is a marketing "rebranding" of "global warming", I am going to make a point :
The Wall Street types, the 1%-ers, and the Western MNCs have relentlessly offsho…
My, my, I don't find Mr. Carlson's questions too insightful. Presumably he gets paid for that column?
However, the topic of neg-yield debt is interesting. Here are my questions:
1. Is it possible to short neg-yield debt? If so, then presumably…
Well,at 108 pages, he certainly put a lot of work into it! He must have been evoking his inner Tolstoy when compiling this tome. I stopped after about 7 pages. I am certain there is a great epiphany in there somewhere, but life is too short.
A…
I've had a Barron's print+online subscription for +10 years. My current "annual" subscription I have stretched to +4 years by constantly placing vacation holds on the print edition. Even when on vacation, I have online access, which is all that I …
These 1-sided articles get written all the time.
Am still waiting for an article to determine how much in Soc Security benefits was lost due to people WAITING beyond age 62, but who died prior to their break-even date.
Somehow, I expect that numbe…
How does any investment institution which promotes ESG, or any industrial/trading company which aspires to be an ESG company, square that assertion while dealing with a fascist state -- specifically? The PRC.
The PRC has a national socialist econ…
@johnN
Knowing you, friends and family are all likely federal tax payers; tis you, them and a few million more folks who are paying for the drone and other, eh?
And what the heck does your "in other news" have to do with this thread???
Start anot…
https://www.realclearpolitics.com/video/2019/05/10/former_intel_officer_tony_shaffer_on_spying_on_trump_campaign_no_way_obama_was_not_told.html
Makes the Watergate break-in seem trivial. At least Nixon outsourced his criminality to contractors. Oba…
The article contains a factual error. -- the age at which early retirees can tap their 401k without penalty. While the age is 59 1/2 for tapping IRA's, if one retires between ages 55 through 59, one can tap their 401k with no penalty.
