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.
@rforno What is your outlook for European defense & aerospace going forward (especially, if we get a ceasefire or some other hostilities reprieve in Ukraine)?
I think the EU is going to ramp up defense spending going forward b/c 2025 has likely …
This Florida guy wears shorts 12 months, including when running errands in winter here in DC. Because, why not?
Market-wise, I have a single short SPX option trade on for the next few weeks, but most of my 'hedging' is already in cash / defensive …
How would Trump react to this now? In the meantime, I still see grocery bills including eggs are rising.
He'll find a way to blame Biden, Democrats, other nations, and/or the Abominable Snowman. Anything but him and/or his 'stable-jenius' pol…
The problem being contrarian is expressed pretty well in the old cliche: “Markets can remain irrational longer than you can remain solvent.”
Agreed. Frankly I find the best contrarian play if I'm feeling bearishly contrarian is to raise cash vers…
@rforno said,
That's precisely why I am NOT in my state pension plan! My entire 403b is in a vanilla quality equity-only American Fund.
If you are a public school teacher I believe you are contributing to your state pension through monthly (payroll …
Screw that ... My store 'savings club' cards all have roughly the same information .... all of which are pemutations of historical presidents' names and the White House address, just in a different quadrant of DC. (Stores don't care!)
Glad my 403b is not under the influence of such people sitting on our state investment committee!
You might want to look under the hood of your State Pension Plan...here's CT Teacher's Pension Plan...both Private Investment and Private Credit are p…
Per BBG:
The White House intends to post an executive order in the near future to clarify what an official called misinformation about the tariffing of gold and other specialty products. The official detailed the plans Friday on condition of anonym…
This has nothing to do with the fact that he's in-bed with the crypto lobby and the PE folks are in bed with his Treasury and Commerce secretaries, right?
Keep that junk away from my retirement assets!
In any decline, those at the bottom always take it worst of all. Many of them voted for this, thinking this would be their big chance to get out of their rut. They will get crushed economically. I'd also assume that a lot of older Trump voters will …
Ya. F**k y**. AND the asshole that designed things that way. And I need to be reminded every time I start the car, not to drive distracted????? Bite me.
LOL that's not for *your* benefit, it's there as a CYA for the vehicle manufacturer in case…
Saw a quip today, don't rightly remember where but possibly SA which stated that institutional investors are selling in the afternoon what the retail investors are buying in the morning. Anyone else noticing this?
Back when I was daytrading futures…
Took a flyer on 500s of GXPS, the highly-focused Consumer Staples ETF in the ProCap line that yogi posted about yesterday. Trying to shift more defensively in one of my accounts but don't want to hog-wild on my usual sectors-of-interest these days …
A firm I read believes that if DJT fires Powell, and forces the fed rate down to 1.5, ALL deficit funding will be short term with disastrous consequences for LT debt. While there will be a surge in economic activity, inflation will soon blow up, sto…
It does emphasize what many of us know, that the indices are being driven by 2-3 major players, with the rest just plodding along behind them at some distance or other.
I used to have a big position in D (as a Northern VA resident) but sold it years ago when management embarked on a strategic review, cut the dividend, pledged to restore it, and never did. Part of me is inclined to retake a position in it precisel…
Sold BKSY for a short-term 72% gain in 2025. Earnings on Thurs, but wanted to lighten up on some of my more volatile positions. If it drops, I will re-enter ... I like this company.
2003's Baghdad Bob comes to mind these days ...
"There are no infidels in Baghdad. None whatsoever. This is false." [US tank rolls by in the background]
The Orange Idiot doesn't understand how government works. Revisions are not 'fraud' or 'tampering' .... but that's all his little peabrain seems to fathom, so of course it must be 'fraud' designed to make him look bad,
Our strength was our tight knit allies and partners we've built up over decades. If they thought is was a fluke the first term now they're thinking how can they trust the US going forward. Allies and partners unfortunately are in the process of goi…
Bring me that Orange lard-bomb lying, soul-less "President" with the nun-ankles. I'm going to eat his face.
*"Nun-ankles" was our irreverent moniker for the typical nun's physique: they all had legs which ended at the feet. No ankles at all. (Is he…
"His instinct to fire McEntarfer is the wrong knee jerk reaction to have."
Trump's base instinct is to berate, fire, or sue any individual/institution
which has opposing views or provides information he detests.
Regardless if he has a firm understa…
The quality of U.S. economic data, long seen as the "gold standard," may be further called into question.
“The single most important piece of news today is the BLS firing. If you can’t trust the data,
I don’t know how investors make decisions,” sai…
Words continue to fail me this year ....
We can't trust anything the US government says, does, writes, or releases these days.
Dictator-like tendencies, indeed.
Excellent post this a.m. from Krugman about the attempted tariff extortion on Brazil to save his authoritarian pal Bolsonaro from trial, conviction, and prison.
Short version: It's delusions of grandeur to an absurd level: Dump doesn't have "the j…
Rforno,
NVO down another 6%, now at 4 year low. UNH is in similar freefall, though it may be a safer choice?
Not my cuppa joe, sorry. At least NOV has IP and various research/manufacturing infrastructure that's valuable. UNH has .... bureaucrats…
Could someone advise if there is any connection at all between BILT (the ETF) and BILTX (a Doubleline Infrastructure Income Mutual Fund) ? Thanks-
On quick glance @ M*, BILTX holds bonds and other FI from infrastructure players. BILT holds equitie…
Per BBG, the full list of tarriffs (er, sorry, "insane tax increase on Americans") going into effect at midnight ... including 39% on stuff from Switzerland...
https://archive.ph/I5PQJ
I grew up watching W$W, my parents watched it every Friday night on PBS. The grey haired Louis Rukeyser still looks like George Washington. :)
HAHAAHAHAHA!! I thought *I* was the only one who thought that back then!!! (I watched it w/my parents, t…
