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.
This is what you get when people who have never had to do for themselves are running socioeconomic policy. Has FOTUS, Bessent, Luttnick, RFKJR, etc. ever:
- done their own laundry
- made their own midnight snack
- cleaned their own house or done t…
TCAL looks interesting to me. Nice to see an options-overwrite fund that's marching to its own drummer and not going with the herd and buying the usual names in a momentum-based index.
I have been so afraid of this. And, now, they have discovered and are coming after NIST. They are too under educated in science and measurements to make such decisions. NIST is and has been the main stay for measurement science, techniques, calibrat…
Thanks for the information.
Does anyone know why Fidelity now only allows one to cancel USFR sell orders but does not allow one to replace the order?
I wanted to go from a limit order to a market order, I had to cancel the existing limit order an…
I've had to mail a bunch of 'sensitive' documents around the country recently. I setup an account with pirateship.com and am using UPS envelopes to send them. For $10 I can overnight to NYC. For $20 I can 2-day something to the west coast. (It'…
Good move @rono. You have a lot more stomach to play with Tesla.
We have been moving more US bonds to overseas debt, NRDCX. Our target is to have 40% invested outside of US. Next is more country-specific stock index.
You're braver than me! Ov…
This is not an airport, one does not need to announce their departure.
... which is sad, b/c I have valued hondo's comments over the years, both here and at M*. But hey, each to their own. ;/
There is no Dem version of Project 2025 to my knowledge. All they know how to do is create inward-facing firing squads. And no, I certainly don't take what the 'mass market' media and blogosphere throws out there as gospel or worth acting
This F…
Balu, I might've misspoke. I didn't mean to equate a cryptocurrency with getting away from the USD, and I agree they are mutually exclusive. What I meant to say is that moves like this, even if exploratory, can presage eventual seismic shifts in…
The F-47 will also be known officially as the ‘Felon’ and among pilots as the ‘Sh*tgibbon’.
/snark
As OJ noted, I can't wait to see what the overrides will be on this stuff, either. I've been around enough senior career people in the DOD acquisit…
These broad generalizations are, imo, pointless. What kind of stocks are these retailers buying? MAG-7 momentum stocks? What sector? Or are they just plowing $$$ into index funds, which by their very nature, are market-cappy/momentum-based?
They…
Per @hank's post, that's probably why FOTUS is practically begging the Fed to lower interest rates in the hopes that would 'offset' any increased costs incurred by his tariff follies.
It's rare that I agree w/FD but several of these points are spot-on.
And it's hard to invest in a fund 'with a look at the future' since often times the only info is there semi-regular holding reports and/or mgmt commentaries, both of which are re…
Bought some EUAD on the premise that countries will try to diversify away from the US on aerospace and defense products. #1 holding is Airbus (21%) and has a ton of EU defense companies that have skyrocketed in recent weeks.
(Wouldn't mind owning…
@rforno, all Medicare signups and premium determinations (IRMAA included) are through SSA. Once signed up with Medicare, then you deal with them (or Medicare Advantage insurer) for claims, etc.
So, under the current system, ALL people around 65 or …
Watching the Muskrats at SSA and reading YBB's post above, it almost reassures me that for many, many years I've not planned on SSA being a significant part of my retirement income that I would depend on ... if it's even around then. ;/
Thanks for the link - speaking as a longterm PRWCX holder, he's always interesting to listen to.
He often talks fast, but after listening to this interview, it sounds like he's starting to "swallow his words" a *lot* more than usual....
Does your collection plate accept 'TrumpCOIN' ????
Give me a few hours and I'll be able to offer you a chance to buy into my own cryptocoin, too! I offer the biglyst blessings like nobody's ever seen before, believe me! :)
Who knows if history can guide us? Nevertheless, Nixon represented a grave threat to our democracy and got away with a boatload of unconstitutional actions until a few brave Republicans said, « no mas. » Unfortunately, I haven’t seen much bravery fr…
People are already nudging an absolutely *livid* AOC to run for his seat in the Senate at the Dem retreat this week.
Frankly, she's done a fair bit of growing up in recent years and 'calmed down' in some ways from when she first landed on the Hill …
See Rampell's op-ed yesterday: https://archive.is/n0InR
I still maintain that nearly all Wall Street analysts and many executives are absolutely not worth their salaries .... nor does accrued wealth automatically indicate competence or wisdom. M…
I loathe Schumer as a messenger but he made a great point this evening that if the government shuts down, so would the courts, which would leave us defenseless against the GQP assault on America.
Admittedly, I did not think of that, but that makes…
Did not we get CPI data out today?
The egg prices in the CPI data showed 59% increase.
Well, Donnie claimed egg prices were "going down" earlier today ... but I suspect that's probably b/c fewer average people are willing to pay retail prices for…
John's right. As the Naranja Suprema de Mar-a-Lago said today when asked about tariffs .... key points of idiocy bolded.
"We’ve been subjected to costs that we shouldn’t be subjected to. In the case of Canada, we’re spending 200 billion a year t…
Agree. This regime's randomly-flailing scythe is not only a brain drain for CURRENT scientists, but killing the incentive for folks to enter the pipeline to become FUTURE scientists.
I don't say 'government' scientists b/c as they kill research fu…
Sold the short-term AES position for a tiny gain on today's pop following the bond issue yesterday. May replace it with a combo spread to preserve capital and/or buy back in if/when it drops back down to 10 b/c I like the sector and its global foo…
When asked on Fox News’ “Sunday Morning Futures With Maria Bartiromo” if he was expecting a recession this year, Trump said “I hate to predict things like that. There is a period of transition because what we’re doing is very big.”
Yeah, big like h…
He will pass off the blame, and take our markets down.....while he plays golf and threatens our former allies.
Maybe invest in fertilizer and golf balls? Body armor & fake ID if planning to travel abroad?
(Just trying to keep this thread und…
On AF1: "All I know is, is we’re going to take in hundreds of billions of dollars in tariffs, and we’re going to become so rich, you’re not going to know where to spend all that money..."
Shades of his 2016 quote "There will be so much winning, yo…
Bought a handful of SPXS calls on today's pop higher to accompany my tiny stock position in this leveraged short SPX fund. Total at-risk: $450
After this week's action, I don't trust this afternoon's modest rally heading into a weekend of continu…
CNBC: "When asked whether the decision to pause tariffs on many products from Canada and Mexico for one month was due to the stock market, Trump said the decision had “nothing to do with the market. I’m not even looking at the market...."
Anyone b…
The market is in the red during Trump’s presidency in part because of the uncertainty the administration’s trade policy has caused. The Nasdaq has fallen more than 7% since Trump took office, and the S&P 500 is down more than 4%.
Fake news! Wron…
Businesses will do what they always do, they will adapt to the changing economic environment. The only thing that is constant IS change. Medium/large firms -- the ones typically engaged in cross-border movement of goods - have procurement dep…
@JD. In a previous life long long ago I was the sales manager of a dealership that sold German cars. When we were notified of price increases because of changes in currency the old price cars became full price cars. They were still cheaper at full…
