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.
[snip]
TDS is a major lib illness.
What can you do now
1) stop reading the same sources that claim the US is close to destruction.
2) most investors should hold their asset allocation according to their goals and hardly trade.
Trump Denial Syndrom…
@Level5,
RCTIX portfolio managers have really decreased CLO exposure.
Prior RCTIX Fact Sheets showed the following CLO allocations.
The February 2022 Fact Sheet is the latest one in my possession
since I exited the fund after George Jikovski left a…
@yogibearbull
Thank for sharing this CLO information.
In recent years, I considered investing in a dedicated CLO fund¹.
CLO funds with high credit ratings offered greater yields than other bond funds with similar credit ratings.
Default risk was sa…
"So far, Greene is the only member of Congress known to have bought stocks after markets tanked following Trump's initial 'Liberation Day' tariff announcements."
It would not surprise me if close Trump allies demonstrated their "investing acumen"
b…
Sven,
Fund liquidations and fund mergers are distinct possibilities.
In light of recent events, I too question whether Matthews can effectively run their business
and wouldn't be surprised if they were acquired by another firm.
I don't pay much att…
Just read the following short note about Matthews China Fund in M* Fund Investor (April 2025).
Matthews Asia dismissed five additional portfolio managers along with two analysts earlier this year.
Matthews China recently lost one of its comanagers …
@Crash,
"Snopes has yet to confirm that Carney orchestrated a U.S. Treasurys sell-off in closed-door meetings
with European and Japanese leaders. We contacted Blundell to ask how he first came upon the information
he relayed in his newsletter. We w…
Two comments.
Volatility creates opportunities.
Injecting daily politics as a basis for investment analysis isn't a good choice.
Heightened volatility due to massive uncertainty increases the likelihood of a serious "accident."
It's unwise to ignor…
From WSJ (Live Updates section).
Potential tariff pauses for auto manufacturers were announced today.
How can business operators implement any plans while this senseless tariff policy is in effect?
Bolded text added for emphasis.
"The president al…
"All 11 S&P 500 sectors are down since the announcement, with energy the hardest hit. That is because oil prices have tumbled to their lowest levels since 2021 on fears that a global recession will curb demand."
"The materials and consumer-disc…
"In volatile moments like this one, investors look for signs of borrowers under duress,
forced selling and illiquidity. Those gauges offer clues on where the markets are headed,
and how the selloff is beginning to ripple through the economy."
https…
@FD1000,
This thread is for discussing tariffs not DOGE.
Please stay on topic.
If you would like to discuss DOGE, I would suggest creating a new Off-Topic thread for this purpose.
It's interesting when people use pretzel logic in an attempt to somehow justify Trump's terrible tariffs.
The tariff "plan" is clearly absurd (e.g., rate calculations, taxing uninhabited islands)
and it was implemented haphazardly. Communication fro…
The Week in Charts (04/11/25)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:33 Topics
01:21 Signs of Capitulation?
10:37 One of the Craziest Days in Market History
17:16 Expect More Volatility
25:04 Easing…
"It’s the kind of friendly treatment that industry was envisioning when Apple CEO Tim Cook, Tesla CEO Elon Musk, Google CEO Sundar Pichai, Facebook founder Mark Zuckerberg and Amazon founder Jeff Bezos assembled behind the president during his Jan. …
Don't know how this situation will evolve but am concerned.
We have the exorbitant privilege of the USD being the global reserve currency.
Treasury bonds are safe havens during market crises but they recently failed to provide any safety.
Hedge fu…
IIRC from last week, one was a long-short fund and one was a fund of funds (AQR alt funds).
I've been dismissive of alt funds in the past but I might consider purchasing one in the future.
Here's a link to Lewis Braham's "The Chaos-Resistant Fund Portfolio" article referenced by Hank.
https://www.msn.com/en-us/money/savingandinvesting/the-chaos-resistant-fund-portfolio/ar-AA1Ch1BR
"The author can't guarantee how long it would take to come back to even or how deep the markets would fall."
Of course not, nobody can.
"Where is the catch in the above? Smart authors look back in history and play with their numbers to make a state…
Around 830 ET this morning he tweeted out a plea to BUY.
Around 4 hours later, he announces the 90-day pause and indices shoot-the-moon.
In Trumplandia, market manipulation isn't a crime, it's just standard business practice.
"In the minutes before …
Who knows?
The circumstances, reasons, and results are different each and every time.
This punk was definitely not lucky!
https://www.youtube.com/watch?v=V7Nci-GVuHE
Posted the following in another thread.
Businesses and investors remain bewildered after the 90-day pause on tariffs.
Clarity is needed to reduce massive uncertainty.
"White House press secretary Karoline Leavitt tried to characterize the sudden c…
Thanks for the link.
The hypocrisy of MAGA content creators is astounding!
"Justin Amash, a Republican former congressman, said on X that the about-face showed how
some Republicans’ political beliefs had morphed under Trump to a view they once stau…
Businesses and investors remain bewildered after the 90-day pause on tariffs.
Clarity is needed to reduce massive uncertainty.
"White House press secretary Karoline Leavitt tried to characterize the sudden change in policy as part of a grand negot…
Well, he only tallied one notable accomplishment in his 1st term, reducing taxes for the wealthy.
I hope Donald J. Trump is unable to get the Tax Cuts and Jobs Act (TCJA) extended
although Congressional Republicans' servile devotion to him suggests…
A short while ago, Trump announced a 90-day pause on reciprocal tariffs for 75 countries.
Across-the-board 10% tariffs will remain in effect for these countries.
However, Chinese tariffs were increased: "Based on the lack of respect that China has s…
@Charles,
Torsten Sløk does a good job explaining the Basis Trade and its risks.
I wasn't aware that hedge funds' bets may be leveraged up to 100 times! (☉_☉)
We naively assumed that admitting China into the WTO would increase democracy in that country.
This did not come to fruition.
China has often flouted WTO rules to their advantage.
The country promoted its exports but largely closed its own market to…
I haven't investigated JR's claim for buying on dips.
Perhaps you are referring to the following MW article published on March 7, 2025?
Warren Pies of 3Fourteen Research calculated that the “golden era of dip buying”
occurred from the end of the 2…
Mark, thanks for the historical perspective.
I figured out NTIP meant No Text In Post after executing a second search query.
I was also curious about the other meanings hence my post above.
This sometimes happens when I have too much time on my hand…
