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 board’s software is really difficult to work with this evening! "
Yes, I've encountered very slow response times this evening.
I've had to reload multiple MFO webpages in order to read/post content.
"He said he used to be worth about $60 million before he started speaking out
about the 2020 election and is now $10 million in debt."
Oh, what a horrible outcome for a true "American Patriot." /s
Mike Lindell can cry helplessly into his lumpy MyPi…
Iran has signaled via Arab intermediaries that it would like to end hostilities and resume talks
about its nuclear program as long as the U.S. doesn't engage in attacks.
There was no indication that Iran is ready to end uranium enrichment which is a…
"I really don't see this spreading to other Mideast countries.
They have no skin in the game and their silence has been deafening."
I agree unless Iran decides to strike Aramco operations, for example, in an act of desperation.
Took a quick look at Richard Mille watches on an internet shopping site.
There were 50 examples ranging from $132,250 to $1,380,000.
Frankly, I thought none of the watches were aesthetically appealing.
I have a couple of Citizen watches along with a Seiko watch.
Inherited an Omega gold watch that my father earned in 1976 for 25 years of service with his employer.
This watch is in mint condition and has never been worn.
Might be worth a decent amou…
Iran partially suspended gas production at the South Pars gas field (world's largest gas field)
after an Israeli strike on Saturday. It's unclear whether Israel will escalate attacks against Iran's
oil and gas industry in the coming days.
Israel had a credible plan to kill Supreme Leader Ayatollah Ali Khamenei in recent days.
The White House made clear that Trump was opposed to the plan fearing it would further destabilize the region.
Trump also issued a stark warning to Iran: “If we…
Individuals and family groups can also invest with Bowen, Hanes & Company.
The minimum required investment is not disclosed on their website.
"The firm operates according to a carefully formulated strategy, and is dedicated to our primary missi…
I participated in the No Kings Rally & March held in Seattle today.
Local reports estimated that approximately 70,000 people were in attendance.
The rally and subsequent march went smoothly - I did not witness any violence, vandalism, or arrest…
Donald J. Trump: "No President's Done More for Puerto Rico Than I Have."
After watching the following short video, the evidence is indisputable!
https://www.youtube.com/watch?v=qsmXSPMxBPI
"Will Trump send them paper towels?"
Yes, Trump will graciously provide the greatest paper towels¹ in the history of this nation!
Floridians can rest easy.
¹ Bounty - The Quicker Picker Upper
From Spencer Jakab's WSJ newsletter today.
"The question is where things go from here, and the good news for investors is that this almost certainly
won’t be one of the major energy-price shocks.
Helima Croft, RBC’s head of global commodity strateg…
"They are already trying to figure out how to carve out "exceptions" for farming and hoteliers,
as they realize that these industries cannot replace their cheap workforce with Americans.
Soon, they may realize that also applies to restaurants, cons…
I posted the following comments earlier today.
The UN nuclear watchdog agency stated for the first time in two decades that Iran failed to comply
with its nonproliferation obligations. In a major escalation on Thursday, Iran announced
it would open…
Well, that didn't take long.
Israel attacked Tehran early Friday (local time) targeting military and nuclear sites.
The IDF is calling up thousands of reserve soldiers to prepare for an operation that may last for days.
IDF spokesman Effie Defrin s…
@JD_co
If you don't mind me asking, are these new positions or was money added to existing positions?
Have you taken actions to reduce portfolio risk due to the current market environment?
Good multi-sector funds often have favorable risk/reward characteristics.
Treasuries, however, provide greater diversification for stocks during periods of market turmoil.
The UN nuclear watchdog agency stated for the first time in two decades that Iran failed to comply
with its nonproliferation obligations. In a major escalation on Thursday, Iran announced
it would open a third uranium enrichment site. A sixth round …
JD Vance and White House Chief of Staff Susie Wiles urged Elon Musk to end his feud with President Trump.
In a post on X early Wednesday, Musk wrote:
“I regret some of my posts about President @realDonaldTrump last week. They went too far.”
White H…
The WSJ reported additional details regarding the trade framework.
"China is putting a six-month limit on rare-earth export licenses for U.S. automakers and manufacturers, according to people familiar with the matter, giving Beijing leverage if tra…
I've just read the current Weekly Brief published by Jeff DeMaso.
Here's his view on tariffs.
"So far, the economy is muddling through the noise and uncertainty surrounding the tariffs."
"In May, the unemployment rate remained steady at 4.2%, mark…
Negotiators from the U.S. and China have agreed to a trade framework in principle.
U.S. tariffs on Chinese goods are set at 55% while China's tariffs on U.S goods are 10%.
Commerce Secretary Howard Lutnick indicated the agreement removed restrictio…
@Old_Joe
The steel tariffs impact to canned goods was not something that I previously pondered.
Sadly, some people have a tin ear when factual data contradicts their chosen narrative.
I've found WSJ articles regarding business, investing, and the economy to mostly avoid political bias.
The same definitely can not be said for their opinion pieces and editorials!
Obvious miss by Morningstar: FOMO = Fear of missing out
Yes, FOMO was an obvious miss.
The following acronym popularized by the crypto community also comes to mind.
HODL: Hold On for Dear Life
I would be careful about trumpeting the May CPI report.
The impact of Trump's tariffs may not be reflected in CPI data for several months.
The following quote is from the WSJ article you linked above.
“'We’ve been assuming the bulk of increases fro…
@Observant1 Don’t most TRP funds already trade NTF at Schwab?
Yes, most TRP funds are NTF at Schwab.
Being a new Schwab customer, I was unaware of this at the time.
"T. Rowe Price compensates Schwab to market and promote its mutual funds; howeve…