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.
Is this a bull market since April 8 (I bought on that date heavily), or was this all a relief rally off of lows as the full extent of the TACO trade was impressed on investors?
I do believe that this is a long bull market since the start of 2023, …
Boeing makes the MOP. They appear to specialize in things that fall from the sky and result in destruction.
:-)
If one is looking for investment opportunity here, perhaps Northrup Grumman (B-2 manufacturer) is the better long term investment.The …
Seems to me that Iran wouldn't have to do much at all to convince commercial shippers that they don't want to take the risk of transiting the Strait.
There goes the TACO trade.
I would think that the Strait is exactly how we get drawn in further, …
This sums up where we are now:
https://www.instagram.com/p/DLAO1BOA3yG/
As a friend noted, "Trump created the problem. The single reason Iran was so close to obtaining a nuclear weapon is that Trump destroyed the diplomatic agreement that put maj…
Boeing makes the MOP. They appear to specialize in things that fall from the sky and result in destruction. .
From NY Times:
"A U.S. official said that six B-2 bombers dropped a dozen 30,000-pound bunker buster bombs on the Fordo nuclear site, whi…
A recent Fox News poll reported that Trump was way underwater with everyone, including Republicans on the topic of refusing to follow court directives. It seems that even for MAGA, ignoring judges is seen as unacceptable. Whodda thunk?
Well considered. Well put. I am not sure "active party or accomplice" is relevant. We knew in advance, provided intel, and assisted in their defense. Plus, we are Israels weapons dealer. I know how I'd view that if I were Iran.
I agree with every …
I didn't pay much attention to the parade actually, but I did happen to see one photo of some heavy equipment (either tanks or Armored Patrol Vehicles) moving down the street. The hatches on the top were open and there were three service people stan…
...
Fed is data dependent but also forward-looking, so he couldn't be tied down to what the past data showed.
...
In the words of the poet, Neil Peart, "If you choose not to decide. You still have made a choice".
It took me a bit to figure out what the purported stats were about. They took the first 5 months (a cherry-picked slice or time) of each President going back to Nixon, the subtracted inflation from nominal wage growth to get "real" wage growth. The.…
Back to the OP about inflation - "Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast"
https://www.cnbc.com/2025/06/18/federal-reserve-dot-plot-and-economic-projection-june-2025.html
"Federal Open Market Comm…
When you publicly defame someone on the national level, you deserve to be held accountable. Lindell was the warning sign that Musk should have considered before alienating his customers.
And there are mature ways to express one's displeasure and desires. Trump is incapable of being decent about applying pressure. He must use sophomoric insults and threats. He never evolved past those childish ways.
This is something that his suppo…
Look, I know embarrassing little about Iran or its people other than they've lived under a brutal dictatorship for 45+years. I thought it might help to know a little more about them. Found this:
Rick Steves' Iran
p.s. I attended grad school with a…
Iran is now in a position to realize that Israel is adopting a gloves-off policy and they are in no position to do anything about it. I could see Iran deciding that Its best option is to forego any attempt to make a nuclear weapon. This is not becau…
Did they finally figure out that the red states are full of MAGA Medicaid recipients waiting on their "draw" checks? ahahaha
Turns out that the GOP loves a welfare check, despite any notions to the contrary.
Him blaming Hegseth is fun though. Trump didn't see this coming? Most of the Congressional Republicans stayed away. That should have been a hint.
Putin failed to advise him that in Russia, attendance is mandatory. Trump needs to form local MAGA pa…
Good NY Times article.
I don't know if the U.S. stock market is in a long-term bubble but believe it maybe currently overly optimistic.
The tariff situation is unresolved, ramifications of the Israel-Iran war are unclear,
and Congress wants to pass …
I was trading stock index futures back in 1990. But as I hazily recall The Gulf War that began in August 1990 ended a bull market and led to a shallow bear that ended in a bottom in October. Then the market chopped around with some big swings until…
Oh yeah, that was a typo, meant EPD. I've got EPD. I had it in my 401k SDB until they decided it was not allowed. I still have it in a taxable account. Not a huge fan of K-1s, but no biggie.
Clearly, you are fan of mid-stream partnerships. Not a b…
"The suspect in the assassination and attempted assassination of two Minnesota lawmakers has been identified as Vance Boelter, two law enforcement officials briefed on the case tell CNN.
Boelter is 57 years old and according to a law enforcement of…
A confident government doesn't require the spectacle of a military parade ...
Nor does a confident populace. Is our new motto, "Speak loud gibberish, and wave a big stick"?
Freedom of Assembly. Rallies or protests are deliberately loud, with some…
It looks like thunderstorms in DC for Trump's Birthday parade. He is right now preening for his big day. Bleaching the hair, spraying on the tan, looking for an outfit that doesn't make his ass look bigger...
This is what I came up with for AA.
https://app.screencast.com/focrQYzX5b271
There is a category called "ventures" which would be interesting to better understand.
List of Ventures:
https://app.screencast.com/tARS7gSpS6usi
FWIW saying I am big …
The more that I read, and ponder this, the more I am struck by the fact that it was an inevitability than Israel would strike Iran at this point in time. Many of the resources that were used in this attack were pre-positioned into Iran in the last c…
A quick look reveals about 78% equity and lots of corporate bonds. I have had similar results, decades of beating the S&P, with a similar allocation and heavy growth emphasis. Just riding out the volatility.
https://www.cnbc.com/video/2025/06/11/fmr-fed-governor-mishkin-cpi-data-should-be-taken-with-a-grain-of-salt-heres-why.html?
Another reliable voice (Former FED governor) says inflation numbers must be taken with "a grain of salt". Too early for the…
It may be important to note that, in the absence of tariffs that are expected to result in $100 billion in added costs to U.S. businesses in 2024, that the FED may already have begun lowering rates. Trump's tariff policy is the reason the FED is on …
Chinese President Xi Jinping recently consolidated power. Trump told the gathering: “He’s now president for life. President for life. And he’s great.” Trump added, “I think it’s great. Maybe we’ll give that a shot someday.”
Someday is now.
The only possible takeaway from such a ridiculous and conspiratorial claim is that Gabbard is clinically insane and our national intelligence service is rudderless.
Florida's plan is to have 14 year olds replace migrant farm workers and factory workers as shortages are impacting the state.
https://www.cnn.com/2025/03/25/business/florida-child-labor-laws
No problem here, 14 year olds will work all night and g…
