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.
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…
No disagreement here. The problem I anticipate is that you cannot easily separate the "wheat from the chaff". Can you expect farm workers to show up for work, when you are scooping their brethren up for incarceration and eventual deportation? When t…
"Meanwhile, two Iranian news agencies reported that two explosions were heard near the nation’s Fordo nuclear enrichment site, according to NBC News. That site is buried deep underground." - I guess we will see how those hardened underground facili…
...
The UN nuclear watchdog agency stated for the first time in two decades that Iran failed to comply
with its nonproliferation obligations...
The thing is that when the watchdogs said, during the first Trump administration. that Iran was complying…
Not sure there is much anyone CAN do. If his policies backfire and his own supporters are impacted badly enough, then maybe there is a re-thinking. For now, the dog caught the car, we will see what they accomplish, for better or worse.
They have C…
I've actually noticed a similar phenomenon with Pimco CEFs that I own. Like Yogi said, I never know if it is due to news about internal holdings, market gyrations in general, or if the drop in price triggered "value" buying.
For instance, how do y…
This explains the rise of oil prices, US used to import majority of oil from Canada. This helps to stabilize gas prices. Now that relationships no longer exists.
US is evacuating embassy family members from Iraq and several Middle East countries…
The WH trying so hard to distance itself was a red flag. Iran was never going to buy it. In all likelihood, the ME is going to deteriorate beyond Israel/Iran, with Iran ramping up terrorism.
Not sure what to think about Russia's overtures to relie…
Our entire immigration system is in shambles. After government cuts, it cannot be getting better. We have no effective system for bringing in needed workers, skilled or unskilled. Now we are halting the best and brightest from entering our universit…
The FEDs dual mandate is jobs and inflation. If both are good, why should Trump be insulting him over rates? Why should they lower? A direct answer will suffice.
No, we must accept that inflation happens immediately, despite all the folks with in-depth experience telling us that it doesn't' work that way. And we should simply believe that a +10% tax on all imports ($3.4 trillion) is not going to drive up pri…
Moron wanted a fast deal for GAZA and Ukraine too. How did those deals work out? His attention span is short except for destroying Democracy and seizing total power for himself. He sticks to those resolutely.
Let us not forget that Jared Kushner …
The elephant in the room is that U.S. "talks" have encourage Iran to step up enrichment, and Israel to consider unilateral attacks and Trump to consider military options. That went well!
If this were any other administration, one that were clever,…
https://www.cnbc.com/2025/06/12/here-are-the-three-reasons-why-tariffs-have-yet-to-drive-inflation-higher.html
At least three factors have conspired so far to keep inflation in check:
-Companies hoarding imported goods ahead of the April 2 tariff …
https://www.cnbc.com/2025/06/12/trump-wanted-an-iran-deal-fast-now-he-may-get-military-confrontation.html
The developments mark a stark shift after several rounds of mostly indirect U.S.-Iran talks that were previously described as “positive” and “…
Trump's now lobbing 4th grade insults at Powell to force rate cuts. Why? According to this administration, and its supporters, everything is better than ever. Why do we need this sort of pressure on the FED if all is well?
Another data point to co…
A big problem is that TSLA is a component of many mutual funds, whether one wants it or not. If not for that, I suspect it would be doing much worse.
Waymo is far ahead in autonomous taxis, and not carrying Musk's political baggage.
@Yogibearbull - Good additions to the list! I'd forgotten about ":collateralized debt obligations", that weren't quite as collateralized as we thought.
@Observant1 - good point.
These are people who want "State's rights" when the Dems hold the WH. And total federal control when the GOP holds the WH. Basically they want complete control with zero compromise. Call in the military!
This is what it has come to with this administration and these MAGA folks. Thin-skinned and hypocritical. Everyone from corporations to journalists must bow down, even in the face of their extreme views and behavior and failures.
If Democrats were…
Not really heard since the credit crisis: SIV - Structured Investment Vehicles
Defined as an investment full of things you do not understand and may not be appropriately rated. That will soon smell like 3-day old fish. In layman's terms.
