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.
From The Barron's Daily
:
The Fed’s Outlook Should Have Spooked Markets. Why It Did the Opposite and 5 Other Things to Know Today.
Federal Reserve Chair Jerome Powell showed his strength as a market whisperer on Wednesday. Even though interest ra…
Great post and thanks for the link.
My first swipe at a response:
All that said in Mr K's article, tariffs are clearly driving the bus right now. Take away 100% of the tariffs and retaliatory tariffs, and the BS that surrounds the buffoon's daily…
@Edmond, your stoopidity is simply astounding.
First, it's appropriate (for YOU) that you quoted REM to try to drive home your point, as it's a band named after Rapid Eye Movement, you know, a dream-state condition.
LMFAO!
That pretty much sa…
@Edmond
...And remind me, how did the market finish the day after the speech?
I'll take the bait...
Here's your requested reminder about yesterday:
Dow closes nearly 500 points higher, S&P 500 surges over 1% on hopes for Trump tariff concessio…
Can't vouch for the overall accuracy, but pretty comprehensive and detailed list here:
https://en.wikipedia.org/wiki/List_of_automobiles_manufactured_in_the_United_States
Trump and Musk are gutting virtually any federal government office which could independently investigate anything. It's going to be one hell of a long time before any of that investigative authority is rebuilt. And that's no accident.
Well, I didn't…
The plot thickens...
https://www.cnbc.com/2025/03/04/stock-market-today-live-updates.html
Stock futures rise after Commerce Secretary Lutnick suggests possible compromise on Trump tariffs
Speaking of futures...
At some point in the future, some are…
No apparent news. It appears (per at least one worthy market observer) that we were close enough to a NASDAQ correction to trigger (computerized?) trading. That rally, if that's what it was, quickly evaporated.
Example?
TOT walks thru a crowded room as bystanders gasp at the suffocating, obnoxious stench.
Without saying a word, or even opening its mouth, TOT has the look of "It ain't me!" on its face.
But truth be told, that unmistakable, putrid com…
As stated, me labeling this act "mildly productive" is per grading on a HUGE curve.
Given what the buffoon is capable of and has already done by EOs in his first month+, something as relatively inconsequential as this is (effectively) Good News to…
Language is not quite in the same league as religion, sexuality, skin color or the like.
https://officialenglishpolicy.wordpress.com/2011/07/25/english-as-an-official-language-in-the-u-s-pros-and-cons/
https://www.usenglish.org/why-is-official-eng…
@stillers That crossed my mind also.
Have a good weekend, Derf
Thanks. You too!
Note that I've edited my most recent post I think since you posted this.
To be clear, I stated (bold added)...
After just a cursory look, if it was our money and if we were selecting a VG "tax managed" fund...
Per one of the links I provided, there are three VG "tax managed" funds. VCTLX significantly outperforms the o…
We have not paid FIT/SIT since 2012 and won't take RMDs until Age 73, so no direct experience (yet) with your question. That said, it will be a very important question for us in a few years.
We will start our analysis at that time with a compariso…
https://www.reuters.com/world/us/trumps-approval-rating-slips-americans-worry-about-economy-2025-02-19/
Excerpt (BOLD added):
The six-day poll, which closed on Tuesday, showed 44% of respondents approved of the job Trump is doing as president, dow…
We still have ~10% of our stock exposure in Foreign. Similar to @BenWP, we get most of our Foreign exposure through a Global fund, PRGSX, and we used to also hold GSIHX, but sold it on Election Day. We replaced the dedicated Foreign slot near EOY …
stillers: I'm sorry that I embarrassed you. Of course, everyone misspells sometime on these forums. I was just jerking your chain to get a reaction from you as I have been doing with all of the libs posting.
As for the meaning of "work salad", …
Well,I have better things to do than listen to a bunch of liberal cry-babies. So rant on libs. I'm gone, not to return to this thread.
ENTER the facts.
EXIT the MAGAts.
It's our country was we now know it!
What the hello does that mean? Ha-ha.…
...though he didn't specify when they would take effect.
Yeah, so then, is it "Promised" or more like "Threatened" again? Last time it was the latter.
And is this going to be an every Friday/Monday buffoonish thingie? European markets and US fu…
In fairness (sic), what the racist buffoon said about his plans for the Gaza Strip, despite his flabbergasted** goons trying to walk it back, is being (accurately) interpreted as his latest attempt at ethnic cleansing.
https://www.yahoo.com/news/peo…
Note that Supertramp was London-based, and its band members were Brits, born circa 1944-1950, including song author/lead singer Roger Hodgson, born in 1950 in England. Song was released in March 1979. So they may have had very different perspective…
BOT a full position in GOOGL at $188.18, DOWN ~8.6% after yesterday's earnings. Gene Munster, Deepwater Asset Mgmt, my go-to guy for all things tech, noted the sell off was unwarranted.
May do a quick trade out of it or may hold LT. Either way,…
I prefer the Glenn Frey (RIP) version, LIVE in Dublin 1992 off the Glenn Frey LIVE album.
This video sadly does not include his brief, talking intro of the song that attributes it to The McPeakes (Francis McPeake). Dubliners went WILD!
videop
See …
Looks like the buffoon "went to Jared's!"
https://www.cnbc.com/2025/02/04/trump-says-us-will-own-and-develop-gaza-strip.html
It's staggering to think we're only 2+ week's into the insanity.
Huh. I did not expect the US markets to react this way. We remain in bizarroworld.
Haven’t you guys heard? Mexico’s been cancelled.
Story
”Who’s on first. I Dunno’s on second.”
Pretty sure we guys are all aware of what all happened today.…
As I trust you know, the video answers your thread title question...YES.
On your question, we own two Moderate Allocation funds, FBALX and PRWCX.
The only others we would currently consider are FPURX and/or CBLAX.
Reagan was a bit before my time, although he easily won both of his elections (for better or worse). I posted it because I thought the quote was sadly relevant today, roughly 40 years later.
Sadly relevant indeed. Sorry to call you out on that one…
No So Fun Fentanyl Facts:
https://www.forbes.com/sites/andyjsemotiuk/2025/01/31/tariff-on-canada-not-justified-by-us-immigration-and-drug-claims/
Excerpt: (BOLD added):
In Fiscal Year 2024, USCBP seized 21,148 pounds of fentanyl at the southwest …
