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.
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…
There's always the Magic Sharpie(tm) and/or a forthcoming EO declaring the "total and unquestioned" use of 'alternative facts' as the basis for US policy....
If they start massaging economic numbers (like they allegedly will be for GDP) we will be…
How the hell can a business successfully plan or operate in this environment? In another 30 days they'll be right back here playing "will he or won't he" on tariffs.....this is insanity.
Politico on last night's speech (which I did not watch): "Trump also acknowledged his protectionism may create “a little disturbance” within the U.S. economy, but added: “We’re OK with that. It won't be much." Let’s see if those lines come back t…
Stock market drops like a rock, so of course he's going to backtrack. The stock market is his favorite indicator of 'popularity' remember....
https://www.bnnbloomberg.ca/business/2025/03/04/lutnick-says-trump-considering-some-mexico-canada-tariff-…
These tariffs are imposed on Mexico and Canada (allegedly) due to immigration and fentanyl.
So how can countries avoid tariffs due to immigration and fentanyl.? Per FOTUS, by "moving their companies to the USA."
That's like a patient asking thei…
+1 I knew it would work given enough time. :)
Tempted to do some buying today, but nothing looks that attractive at the moment.
Hah! Broken clocks sometimes being right come to mind here. :)
So much winning, I can't stand it. 'Sir', please stop all the winning for America!
I'm pretty much trimmed down my 'active' portfolio to stuff I plan to keep regardless, plus a few income positions. So I've got cash to buy into things as opportun…
For once, my portfolio hedge was timed well and working. Unfortunately, it's in nowhere enough quantities to offset the equity loses yesterday and this morning, but hey, at least there's some green in my account this morning...
Among other domestic uses, NOAA* helps reduce the chances of needing FEMA.
So of course, FOTUS is trying to kill them both, because winning!
* who also predicts & warns about the path of hurricanes that might, oh, I dunno, hit Palm Beach Cou…
A good thread that quickly went into the ground based on politics from the usual suspects.
That's the easiest thing to lead you doing the wrong action.
I never based my holdings on politics or predictions.
I have been collecting over the years many…
