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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.

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Sven

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Sven
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  • Not sure what FPA customer service you are seeking that their online site cannot provide?
  • Good idea. 26 weeks treasury is in the sweet spot near 4%, whereas the yields flattens out quickly beyond 2 years. Also the auction is taken place weekly on Monday at brokerages or directly at TreasuryDirect. After September rate hike, treasury yi…
  • In addition to better pay, the railroad workers are seeking more flexible work schedule and medical leave. The terms have not been passed by all the workers, but getting through the first step is good. Federal workers on the hand, are not allow t…
  • Isn't ironic that many funds are having negative years and many may have capital gain distribution (dividends are not avoidable for taxation).
  • No one really know the consequences of unwinding of mortgage bonds on Fed’s balance sheet. Even if I have the money, don’t think I want a vacation home at 6% rate? Throughout the pandemic, we had inexpensive car camping trips at national parks on…
  • Fair enough.
  • Is there data available that may indicate an outflow of asset?
  • NPR does a good job in their journalism in getting to details of the reporting. This reminds me of Upton Sinclair’s “The Jungle” that I read in high school about meat packing industry in Chicago.
  • NBC and NPR also reported the same news too. https://nbcnews.com/news/us-news/biden-announces-tentative-deal-avert-us-rail-strike-rcna47850 Excerpt from NPR, The deal also includes changes to workplace attendance policies that workers found overl…
  • He would buy long-term Treasuries because the deflation risk is much higher today than it has been for the past two years He owns European stocks and would buy emerging markets once the US dollar breaks below its 200-DMA Don’t understand his logic…
  • Interesting article from Mother Jones. It is more than supply chain problem, the weather… https://motherjones.com/environment/2022/07/record-breaking-heat-wave-food-prices-crops/
  • There are very few safe haven today. S&P 500 is down 4.3% and BND is down 0.5%.
  • August CPI came in 8.3%, not much improvement. While gasoline price is down but food and others went up. Consumer spending remains strong. Core-CPI went up to 6.3% from that of July’s 6.1%. Today, 10 years treasury moved up to 3.431% and the ma…
  • Ukrainians are fighting for their country to stay sovereign while the Russian soldiers are fighting for their paycheck. Some new recruits are not inform they are going to foreign land. Very different motivation. Russian military tactics has not evo…
  • Let’s hope that August’s CPI number releases on Tuesday, Sept 13 is lowered than than of July, peaking of inflation maybe the turning point of the Fed to slowdown the rate hike. Many said a 50 bps is more likely. Think I will buy more treasury af…
  • You are absolutely right that news are moving fast over there. It is very encouraging to see they are making solid progress. Ukrainian soldiers and civilians are paying dearly in this war. There is not as much coverage on their suffering and huma…
  • The Ukrainian soldiers paid dearly… https://washingtonpost.com/world/2022/09/07/ukraine-kherson-offensive-casualties-ammunition/
  • FPA New Income fund has done much better than majority of multi-asset bond funds this year, -2.6%. @AndyJ has a good point that money market funds now yield about 2%. After interest rate hike in September (expecting 50 bps), money market funds wou…
  • Thanks for your comments. As has happened in the past, monetary tightening tends to produce some financial accident, crisis or disaster (here or globally). We don't know if the collapse of speculative stocks and cryptos were those - so, keep your …
  • @sma3, VG website works best on Chrome (some say Firefox too). Safari works fairly but NOT when you want to buy CD. Strange that VG did not ensure that all browsers work without question. With respect to 1099s, make sure you set up for “electro…
  • It is a good start for many. It helps to visualize how much one gets monthly if their 401(k) are annuitizes. Same goes for one’s social security (depends on when the withdrawal dates). If one fortunate to have a pension plan from their employers, …
  • S&P is down over 16% as of Sept 2nd, will it reach a break even point by year end?
  • The CEO who just got fired may be the one who brought Arnal on board. Sounds like the former CEO has set up the CFO to be the fall guy. Changing a CFO cannot solve the already problem on multiple fronts. Looks like BBBY need serious restructuring …
  • Storage and transport have been challenging for hydrogen in the past, but I believe they can be solve. In the long run, hydrogen economy would be most beneficial to the human mankind and the environment.
  • There is a tread on the same topic on the Off-topic area. https://mutualfundobserver.com/discuss/discussion/59999/bed-bath-beyond-executive-falls-to-his-death-from-new-york-tower-police-say#latest
    in . Comment by Sven September 4
  • There is lots of info not available to the public eyes. One would think the “top secure” documents are track and can only be read in special rooms. Where are the gatekeepers? Our local university has a tight checkout systems for books and journals…
  • They have gotten a lot more expensive than the past. These days they have to be competitive to online stories in order to survive. They have better quality goods than those at Walmart, but their pricing strategies and online stores are not working …
  • Sometimes executives are tie tightly to their firms both financially and emotionally. Something is going on that the public is not aware of this person’s life. Bed, Bath & Beyond has been declining for sometimes as sales have drifted to online…
  • Adding to @orage comment on The Shadow’s Sept’s Commentary: A whole series of Direxion ETFs, some modestly silly and others just very badly out-of-step with the market, hence unattractive to fickle investors, will be liquidated on September 23, 202…
  • The last paragraphs above should scare anyone. They are highly valued to our adversaries - Russia, China, Iran, North Korea...
  • Excerpt from Heather Cox Richardson' today commentary: Today the unsealing of a court filing revealed that the August 8 search turned up more than 11,000 documents or photographs that were not classified, 31 documents marked CONFIDENTIAL, 54 marked …
  • Life is too short not to do both. Outdoor dinning environment has worked well and safely for us.
  • Speak like a mobster. That statement is essential a bribe. The man deserves to be in an orange jump suit and in handcuffs.
  • In the final round of the count, Peltola, a former state lawmaker, edged Sarah Palin, a former Alaska governor and the 2008 Republican vice presidential nominee, by 3 percentage points, 51.5% to 48.5%. Real nice for someone who is relatively unkno…
    in Mary Peltola Comment by Sven September 1
  • Thanks. Eye opening data.
  • Time like this reminds me of the Bee Gees “ Staying Alive” back in the disco days. https://youtube.com/watch?v=fNFzfwLM72c
  • Great points. I have been buying 26 weeks treasuries and holding them to maturity. Fidelity is the easiest to buy new issues while I had issues with Vanguard. Only to find out later that Chrome browser (not Safari) would resolve the issue with Vang…
    in CD Question Comment by Sven August 31
  • If you stagger 4 1-yr CDs, 3 months apart, you should able to do okay. There are more new issues available today. Treasury offers few more basis points than CDs on comparable duration if you want to look at this option as well.
    in CD Question Comment by Sven August 31
  • There are always the optimists. No buying on dips here. Will play defensive for next few months.
  • There are many downsides to globalization and this is one of them. Foxconn is moving their plants to India and Vietnam to manufacture Apple products. Many tech companies are also moving their plants back to US. Chinese’s version of mRNA vaccines f…