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.
Some of my favorite quotes from this spot-on article:
"Oversight isn’t obstructed—it’s being erased. Dissent isn’t debated—it’s being criminalized."
"The Department of Justice has been reshaped into a shield for the executive. Foreign policy is ro…
Well thank goodness Kari Lake was on the spot to finally take down the VOA.
The Dump revenge tour is leaving a nasty stench in its wake. Only MAGA propaganda remains.
But to expect just one branch (the judiciary) to override the other two branches and be an effective check is a dubious proposition.
Impeachment is the accusation (formal charges) that then requires a trial. Removal from office requires the Sena…
Multiple forms of grifting, and the media is rolling with this one a bit more. The crytpo donations, those...those are fine. Some rich dude from South Africa was allowed to infiltrate US citizens ID info and chainsaw govt institutions. Signal i…
https://www.thedailybeast.com/saudi-arabia-lures-trump-with-big-mac-on-international-trip/
Saudi Arabia Lures Trump With Big Mac on International Trip
On President Donald Trump’s first major international trip of his second term, he was welcomed w…
"I would caution against too much reading of the tea leaves," according to Dmitry Grozoubinski, a former Australian trade negotiator based in Geneva. "It's probably more likely that they agreed on what their conversation should cover — on what are t…
Teflon Don saying "I have a big announcement...." = nothingburgers.
Equity Markets - "Give us more of these nothingburgers. We enjoy the lack of substance - we just want a show!"
Then, after the China negotiations go nowhere, Bessent will get th…
Thanks @Mark. Per the Jen Rubin article you linked:
"As University of Michigan economist Justin Wolfers told me this week, “President Trump is more effective than the COVID virus at creating chaos.” He continued, “Why did financial markets respon…
So 58 crypto wallets made millions out of 764,000.
Of course, agreed - it's going to be a bunch of Trump cronies. Plus maybe some sheiks with fantastic oil holdings and other "business associates".
What a scam.
If companies are pulling guidance due to lack of clarity (due to TARIFFS) on future cash flows and earnings, should the markets not respond with a little less exhuberance?
Similar to when a PE fund doesn't bother to mark-to-market except on an an…
https://www.cnbc.com/2025/05/06/trump-tariffs-hit-us-exports-import-covid-level-event.html
Trump trade tariffs slump widens to ‘nearly all U.S. exports,’ supply chain data shows
PUBLISHED TUE, MAY 6 20257:32 AM EDT UPDATED TUE, MAY 6 20259:54 AM ED…
Not sure I'd let that orange TP touch my backside, but might splurge on that toilet brush.
Been stocking up on TP & paper towels, just in case this thing goes sideways. Clearly I am not alone.
Still whistling past the graveyard. Markets remain unfazed.
I would expect to see more empty shelves within retail stores. Smaller retail stores might not survive this.
But hey, you just buy 2 dolls instead of 30...right?
'Transparent hit pieces like this one, arguing that it’s a scandal ...
It's not a scandal because the gestapo now run the country. There is no accountability for the POTUS nor for those closely associated.
"Only 20% of Big Money managers indicate they approve of Team Trump’s tariff policy, while about 80% put the odds of a tariff-related recession at 40% or higher.
Still, 60% consider the market’s tariff-related tempest a buying opportunity."
So, b…
If he could have legally "fired" the Fed chairman, he would have. Let's not lose sight of that.
It would have added to the chaos, but the grand poobah was saved from himself.
To @BD3's point, the market (via bots) might have the ability to focus only on the short-term. Would explain the extended rebound.
"No worries, be happy" ignores the longer-term outlook.
So the markets are indicating they can soldier on. China standoff still seems to loom large, plus aren't vehicles and most retail goods going to cost more soon? Potential supply chain issues have disappeared from the radar as well.
Such scen…
The scheme is to distract us **hey, look over here, I'm ignoring the Constitution again** while he sits back and waits for kickbacks from foreign countries as well as US institutions (Universities, Law Firms, corporations, etc).
Can bitcoin bribes…
The idea of blaming Biden never gets old. His base loves to hate - they need hate to feed the fire.
No accountability. Man up, dude. Would be refreshing.
https://www.troweprice.com/personal-investing/resources/planning/tax/dividend-distributions/mutual-funds/2025-monthly-distributions.html
No APRIL-2025 divy for PRCFX listed at TRP's website.
In the weeks ahead, the markets will get another bump when our grand leader steps up to the mic and claims that the US has scored MASSIVE tariff victories on a list of various countries (including Penguin island), but not China and probably not the …
https://www.thedailybeast.com/donald-trump-spends-workday-raging-at-nfl-draft/
"President Donald Trump, while en route to Italy for Pope Francis’ funeral, seemed to be more focused on football. The president criticized NFL team owners on Truth Soci…
Well, he starred on the Apprentice for many seasons. He is fully qualified, but for what "office" I don't know. Maybe he should have been on the Office TV series.
It takes a special brand of con man to file so many bankruptcies and STILL be cons…
Nah, we'd have to send him to Ukraine for that.
He thinks he's getting immunity forever.....the official Trump merchandise store is now selling caps embroidered with “Trump 2028” for $50.
Peter Navarro, the guy who wrote a book referring to "Ron Vara" as the expert reference for anti-China musings....but the name turned out to be an anagram of "Navarro"?
Now if the regime "turns down the dial" on China tariffs, I would think that ou…
