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
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
There is nothing unique about Tesla. EV world has evolved, and there are better players out there. The extreme high valuation and Musk personality are real turn-off.
There is nothing unique about Tesla. EV world has evolved, and there are better players out there. The extreme high valuation and Musk personality are real turn-off.
Beyond the tariffs, the next part with sticky inflation and slower growth spells stagflation. If you are foreign investors, do you want to invest in US ?
There are many articles have been written about the Trump’s art of deal making. Here is one…
Trump blinked again. See CNN below:
https://cnn.com/2025/04/22/business/trump-china-trade-war-reduction-hnk-intl/index.html
Depending who is the point person to negotiate with China, the outcome may vary considerably. Certain individuals such as V…
@hank, there was a closed-door meeting between Bessant and investors. He seems to be one who can persuade Trump to de-escalate the China trade war. The dollar went up, so did the stock and bond market.
https://msn.com/en-us/money/markets/stock-m…
Remember that he was confirmed by the thinnest margin, and Vance broke the tie vote.
Confirmed by the Senate by Yea-Nay Vote. 51 - 50. Record Vote Number: 15.
https://congress.gov/nomination/119th-congress/11/7
Take a look at the bond and stock market from last week. Investors are moving out of US. And the trade war has yet all plays out. Thus, we are far from the bottom.
https://reuters.com/business/finance/us-bond-funds-suffer-fifth-weekly-outflow-tari…
China is a big customer for Boeing, and this will hurt. China aerospace industry is maturing, but they should able to export their own passenger aircrafts in coming years.
Lost of investor’s confidence could have dire consequences.
There is a new candidate for FED chair position once Powell term expires in 2026.
https://msn.com/en-us/money/markets/trump-wants-powell-out-of-the-fed-waiting-in-the-wings-is-kevin-wars…
Yes they are. In a choppy market, they may be used to buy on dip IF the market will eventually move upward. The question is when and how? Last week’s flip flopping policy only increased large selling of treasury.
What @Junkster stated that the l…
Post from Joerg Wuttke, a partner of Partner at DGA Albright Stonebridge Group
Worrisome possibility:
„.. Foreigners own $8.5trn of government debt, a bit under a third of the total; more than half of that is held by private investors, who cannot…
We are in uncharted territory like sailing in fogging conditions near the rocks. There is no bottom fishing or more likely you will sleep with them instead.
That is not an accurate comparison. VWINX focuses on income (bonds) as the primary objective, and capital appreciation (stocks) as the secondary objective. Holding more long bonds is Wellington choice. FPACX is the other way around, and cash is tr…
@yogibb, this time around it is different. US dollar is falling quickly. Is it because it is due to selling of US assets, or do you see further trouble ahead ?
David Samra and Dan O’Keefe who manage ARTKX and ARTGX, respectively. They were co-managers on OAKIX before going to Artisan Partners. While starting their fund, ARTKX (later splitter to form ARTGX), they have done far better than David Herro’s fun…
@Observant11, what I meant is that Matthews may liquidate all stocks if there is decreasing inflow $ to their mutual funds, and the cash will return to shareholders. This will need the board’s approval.
The other option is sell itself to another …
Thanks @catch22. Great article. For sure Canada have leverage to counteract bullies. Think other countries are thinking the same strategy to affect US’s bond market and currency.
If one follows our great MFO contributor, @lynnbolin and @davids…
Agree,@larryB. Don’t want to make big changes on stocks and bonds until the picture is more clear. Same goes to company’s long term investment and the cost of borrowing, i.e. interest rates.
@Crash, thanks for the very informative data. I know Japan and China are #1 and #2, respective largest UST holders. Where is Canada rank?
I have to spend more time to learn from the Canadians.
BTW, we have had great time visiting British Co…
We can only wish ! That power belongs to the emperor without clothing.
The bond market is much bigger than the stock market and it controls money flow across the globe. When the confidence on the supposedly safe asset, US treasury is shaken, wha…
Think what we are seeing now is a dead cat bounce. Damages have already been done to the bond market and US greenback. There may be hard to turn this around, but no one know from what is coming from DC.
Fact is that just about all bonds you ment…
Interesting article. Resharing iPhone manufacturing in the States is impossible (lack of skill labor) and high labor cost. Some calculated that an American-made iPhone 16 would cost at least $2,000.
In 2017 Cook said if there is a tooling meeting…
@Crash, thank you for this comprehensive article. Good reminder that the Canadian Bloomberg has many free good articles.
FYI, the future market for 2, 5, 10, and 30 years Treasuries are up slightly.
https://finviz.com/futures.ashx
Let’s see h…
Lutnick is saying that this electronics tariff exemption is just temporary.
May be Bessent, Lutnick & Navarro should be required to issue joint statements only.
@yogibb, I totally agree in light the rapid flip-floping on tariffs. It has repo…
Apparently there is an internal power struggle between Bessent and Lutnick on implementing the tariffs policy. As the situation worsen, Bessent may quit.
Saw a funny post that IKEA sells a better quality of cabinet than that of current administra…
This will impact those states which are vulnerable to natural disasters including hurricanes, tornadoes, droughts, and wildfires. Without NOAA, how can the states plan and execute the rescue plan accordingly. Remember, hurricane season starts in s…
Hedge fund activity (basis trade) may be the cause of some Treasury bond disruption this week.
Several reporting pointed to hedge funds. Do we know how much selling in dollars term ? Can there other sources including other foreign countries that …
These are quat funds and their strategies deployed are way over my heads. I noted low correlation to equities is attractive as alternatives. But they often have high ER…
@Observant1, thank you.
Nice to learn the unique aspects of these funds mentioned here. AQR funds are interesting, but they often have expense ratio over 2%.
Today is different. We can no longer trust anything out of Washington.
Exactly! Food prices is much higher today than3 months ago. What happens to the egg price that WAS supposed to drop on day one of the new administration? The high price onl…
@Old_Joe,
Yes, I realized the language being used. Hope I did not offend you. If so, please accept my apology.
I like old computer languages that advance the space program for so many years. They just simply work. Today Ai is being deployed in…
How about the existing SS system just functioning just fine w/o those DOGE kids mess around with it. Just let these people do their job as they serve the country well since its inception.
