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.
Finance media has these types of articles on-file to trot out after any major volatility hits. Pretty much the same stories/opinons/'advice' --- they just change the dates and bylines. YAWN...
Let's not forget the poorly-timed tax bill last December ... the economy was humming along fairly well and didn't need 'stimulus' at this time. Gods help us when the next financial crisis occurs....
If the market goes up, he claims credit.
If the market goes down, he blames the Fed. Or Hillary. Or something, anything other than himself.
Need I say more?
One of my long-long term accounts is full-service at WFA and I've had no problems. Of course, my FA is from AG Edwards before the mergers, and he's a very lowkey, low pressure fellow -- I have no problems w/him or his office. If they ever quit, …
"government spending was the reason for the wider budget deficits, not the Republican-led tax cuts activated this year."
Yeah ... spend enough to cause a fiscal crisis, and you can then cut entitlements to remedy the problem. It's like making the …
Translation: Insanely-priced OEFs are not a good investment. Not exactly rocket-science there, Forbes reporter.
Want to talk about bad investment funds and lessons learned? PAUIX holders who stuck with the fund despite Arnott's ongoing 20% short…
Investing-wise, the storm doesn't change my views on the utes and infrastructures. I just added UTF to one of my accounts yesterday, actually.
Regarding the Atomic Tangerine, yesterday, he's also grumpy b/c nobody praised him tossing "beautiful, …
ETFs -- because Wall Street needs to churn shares to make profits, and there are few better churners than retail investors ... and now hedge funds/OEFs who own a s---ton of them instead of their underlying shares. Trade! Trade! Trade! Order-flow p…
There was a movie. 'Too Big To Fail' was based on Sorkin's book by the same name ... I just finished re-watching it this evening. Paulson is the central character.
Pretty much this for me, too. And I refuse to touch bank preferred stocks, or have exposure to them, since they're almost always 'non-cumulative' ... meaning if they're forced to suspend their dividend, you aren't entitled to the ones you missed …
You will perma-bears like Marc Faber and other saying the same thing going back at least ten years ... so listen w/a grain of salt. They'll be proven right EVENTUALLY ... but being early and right is still being wrong for economists and market pun…
FWIW saying, just saw this tweet that relates to the viability of shorting US stocks:
@IncomeDisparity
World Markets:
Japan - Below 50 and 200 DMA
China - Below 50 and 200 DMA (multi-year lows)
Germany - Below 50 and 200 DMA
France - Below 50 and 2…
+1.
Actually, we've already seen some results of selective "foot dragging" with respect to some orders which are suspect in their legality. A number of things with respect to the military, for instance, regarding various personnel directives whic…
Good find!
I live practically across from the Pentagon - but I felt more existential dread during Sep-Oct '08 than I did on 9/11 even as smoke blew across my balcony for 4 days afterward.
On Fridays during '08 you felt a relief as the markets clos…
Ben is spot-on.
I remember when in the aftermath of the 9/11 attacks, then-AG John Ashcroft essentially said in a Congressional hearing about the privacy-invading so-called 'PATRIOT' Act that: "“To those who scare peace-loving people with phantoms…
Maybe 'David Dennison' wrote it. Or 'John Barron'? Either could do it w/the help of a ghostwriter. ;)
Seriously, though - even though nearly all his folks have denied it, do you think anyone would actually admit it right now anyway?
Looking at its latest holdings I'm less enthused than I was previously. Having taken several rounds of profits from it, I'm presently down to a foothold in this (closed) fund but won't be adding to it anytime soon.
This fund continues to get crush…
I concur with VMVFX. Have owned it since launch and am very pleased with it - not b/c of it's "volatility" thing (which I could care less about) but b/c of its composition and allocations. It's an eclectic little fund but I like it.
The GOP-controlled Congress doesn't care about Tweety's antics or mental state as long as he signs whatever they send him and puts conservative judges on the bench. Meaning, they're complicit in creating, tolerating, and sustaining this national s…
Pence and Pompeo's offices have both just come out denying it was them, so there's that....
I can't see it being Pence. On the Op-Ed page, the Times wrote that the paper published this column by "a senior official in the Trump administration whos…
@Crash: Depending on the Ministry involved, they probably didn't care as long as they got 'their' judges into office and onto the SCOTUS bench. These folks turned a very big and hypocritical blind eye to this guy's antics for that one single reaso…
BWHAHAHAHAHAHAA!
They asked for testimonials/reviews? They could just read the commens from the forums to know all they need to know about their site, both free and premium.
+1 hank. It felt like American values, tradition & civility had returned to DC for a little while, and it was wonderful.
I thought the funeral this morning was one of the most moving things I’ve ever witnessed. I can’t begin to summarize the…
Looking at the new comms services sector, 50% is Google and Facebook, based on market cap FIFTY. That just reinforces my sense that market-cap weightings are a farce and lead to skewed index performance ... and why I don't invest according to i…
As I said earlier in another thread:
As Ann Telnaes observes....
https://www.washingtonpost.com/news/opinions/wp/2018/08/16/trump-distracts-whenever-he-feels-threatened/
... he'll probably start a war on Saturday to distract from McCain's televis…
As Ann Telnaes observes....
https://www.washingtonpost.com/news/opinions/wp/2018/08/16/trump-distracts-whenever-he-feels-threatened/
... he'll probably start a war on Saturday to distract from McCain's televised funeral in DC....
If the internet doesn't offer total blind support to the current unindicted co-conspirator-inchief in DC, clearly it must be regulated. Because the only 'news' he cares about is that which praises him and strokes his fragile ego - ie, propaganda.
…
Likely very true ... from a WaPo article this morning, and confirmed in other reporting in recent days.....
Wilson added that with McCain in particular, the funeral snub perhaps stings more than most, in part because Trump can’t abide not being th…
