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.
The White House is looking for issues with Federal Reserve headquarter renovations
as a means to remove Powell "for cause."
https://www.msn.com/en-us/money/markets/white-house-seizes-on-fed-renovations-as-opening-to-oust-powell/ar-AA1Irf6x
I recall the time after Seger's great 'Live' Bullet album was released in 1976.
Lynyrd Skynyrd also released a great live album in 1976—One More From The Road.
Seger's 'Turn the Page' and Skynyrd's 'Free Bird' were played frequently on FM radio.
"Flight Data Recorder and Cockpit Voice Recorder data seemed to indicate the fuel control switches were physically moved to the cutoff position. Deliberate human intervention was involved."
Thanks. Wow. Wonder how I missed that - if it’s accura…
Yesterday I posted about a roundtable discussion on NDTV regarding the AI 171 incident.
A Boeing 787 pilot had stated:
"In these modern aeroplanes, you don't need to cut off the fuel control switch.
Everything is transmitted electronically. So, eve…
I haven't has any hassles whatsoever with my Citi Costco Visa.
My July monthly statement will soon be available.
I'll report any issues paying via Bill Pay.
I stumbled upon an interesting discussion regarding the AI 171 crash on an Indian website.
Of course, a firm conclusion can not be made until additional information is available.
Before the roundtable commenced, the host asked several provocative q…
Someone suggested to separate the left and right fuel cutoff switches by a few inches
and to put spring-loaded boxes on top of them.
This is the response from an experienced pilot:
The addition of a plastic guard over the fuel cutoff switches woul…
The June 2025 budget recorded a surplus of over $27 billion, the first monthly surplus since 2017. Economists had expected a deficit of $41.5 billion for the month. A key factor was the surge in customs duties, which totaled roughly $27 billion for …
After a meeting in Brussels today, the EU warned it would impose countermeasures
against the punishing 30% tariffs if no agreement is reached by August 1.
We frequently have thread drift at MFO—I doubt this caused the thread to be closed.
Your last post seems fine so I don't think it led to thread closure.
Some comments in my prior posts may be to blame.
This is just a guess as I haven't received any…
The Week in Charts (07/11/25)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:49 Topics
01:58 Breaking Down the Big, Beautiful Bill
11:18 The Sky's the Limit
16:13 When Do the Chickens Come Home to Roost?
19…
On another forum, a pilot with over 30 years experience flying Boeing aircraft
stated that it is impossible to knock the fuel switches into the cutoff position inadvertently.
Award-winning Causeway International Value Fund’s Sarah Ketterer is finding numerous opportunities
in Europe, as the continent undergoes an investment renaissance.
https://wealthtrack.com/european-investment-renaissance/
I'm very concerned about the potential negative consequences associated with several recent policies.
Since my portfolio allocation and investments are (mostly) satisfactory, no corresponding changes were made.
The VIX closed above 52 on 4/8/2025.
…
David Gergen seemed to be a fine gentleman.
Yesterday's PBS News Hour episode had a segment about Mr. Gergen.
https://www.pbs.org/newshour/show/remembering-presidential-advisor-and-political-analyst-david-gergen
"If something doesn’t resonate with you, you can simply move on."
You should take your own advice to heart!
It might be best to remain silent instead of posting irrelevant, deceitful, or highly repetitious information.
Please be reasonable for a ch…
The referenced M* article examines the U.S. Dollar situation objectively.
I don't understand why certain people become so defensive when factual data is presented.
These same people will often try to be clever by cherry-picking random data
and ignor…
M* published a good article today regarding the U.S. dollar.
Key Takeaways
• After the dollar’s steepest half-year drop in decades, investors see continued declines ahead.
• Receding confidence in the dollar is driving investors to sell dollars an…
Coincidently, I just ran a portfolio backtest for several quality funds.
GQETX, SPHQ, JQUA, and QUAL were included in the backtest.
VFIAX was added as a benchmark.
Note: GQETX has a $1M minimum initial investment.
QLTY has the same portfolio mana…
Vanguard CEO Salim Ramji was a guest on The Long View podcast
recorded at the recent Morningstar Investment Conference.
This podcast was published on July 8.
https://www.morningstar.com/podcasts/the-long-view/1bdada96-5893-45e1-969f-6ba3440902b3
Trump feels emboldened by recent favorable Supreme Court decisions
and passage of the One Big Beautiful Bill Act which was one really ugly piece of legislation.
As AndyJ mentions, we have a trade surplus with Brazil.
The Brazil tariff situation exe…
Here's my understanding of the situation after reading a number of posts in the Bogleheads thread.
Only certain clients were affected when Vanguard updated cost-basis methods
for non-market orders (limit orders, stop orders, stop-limit orders) in Ja…
A poster on another forum discovered additional information
via their Profile and account settings on Vanguard's website.
For the full text, navigation on Vanguard personal website is:
Profile (at the very top) > Profile and account settings >…
@msf
Thanks for the additional info.
This change shouldn't affect investors who are using average cost,
FIFO, HIFO, or MinTax as their default cost-basis methods.
https://investor.vanguard.com/investor-resources-education/taxes/cost-basis-methods-a…
Vanguard CEO Salim Ramji attended Morningstar's recent investor conference
where he reportedly stated: "Vanguard’s technology spending is paying off."
The following info is from Jeff DeMaso's IVA Weekly Brief for Wednesday, July 9.
"Ramji pointed …
The winner was announced today.
Exemplary Stewardship: Dimensional
https://www.morningstar.com/funds/announcing-winners-morningstars-2025-awards-investing-excellence
The winners were announced today.
Outstanding Equity Portfolio Manager: Will Danoff, Fidelity
Outstanding Fixed Income Portfolio Manager: Bryan Krug, Artisan Partners
Outstanding Allocation Portfolio Manager: David Giroux, T. Rowe Price
https://ww…
State and local governments hired 73,000 workers in June.
Some laid off federal government workers may have been hired
but the nonfarm payroll report lacks corresponding data.
The 'Total private' category encompasses numerous industries within 'To…
"in 2004 they released their Kiplinger 25. their top 25 mutual funds. they update it from time to time. only 1 bond fund still is in the list from 2004. none of the other 24 survived. most funds don't even last 5 years on the list. how useful is tha…
I hope we never have to experience the Stagflation of the 70s again!
Since I was a teenager then, I didn't pay too much attention to the economy.
Although I didn't own a vehicle, I do recall the gas rationing of the early 70s.
Our economic situatio…
“Trade negotiations have been chaotic since the administration hit pause on the tariffs it unveiled on April 2
in its bid to rapidly reorder the global trading system. The goal is to reduce the country’s $1.2 trillion trade deficit along with many n…
