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.
Bloomberg article via MSN points out that this "chip-tax" may weaken Administration's defense of tariffs under a national emergency in the other lawsuit. Other countries may not play this game or respond similarly. This is beyond the legal aspects …
What about national security concerns?
That really hits the mark. If they really cared about national security, no amount of kickback would be enough.
And it is impossible to overlook that this is another huge tax on doing business. Whine about th…
I worked with a fellow who was always parroting right wing talking points about Obamacare. Until both his son and daughter needed affordable coverage. Then his son was approved, but his daughter was refused for some reason. He had a total meltdown o…
I have a coupe/fastback, an AWD sedan and the wife has a small SUV. I consider many SUVs to be raised AWD station wagons at this point. They are moving away from frames to unibody, from 4WD to AWD and getting lower every year. Not necessarily a bad …
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Once again alternative facts from BS1000.
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And do you remember Trump saying that if the Israeli hostages were not released prior to his inauguration, there would be all hell to pay in the Middle East?.
You are as much of a fraud as Trump.…
"Looks to me like a great candidate for the Nobel Prize for Peace."
The only Nobel "prize" that Trump truly deserves is a stick of dynamite—invented by Alfred Nobel
who established the Nobel Prizes—inserted into his anus and subsequently detonated!
Watched it when it first aired. I did enjoy it. I also came to the conclusion that Norway is the Wisconsin of Europe from viewing it. The Boss showing up was a nice touch.
What is truly insane is the number of brown people, black people and Jewish people that are enabling these haters who would see them extinguished from U.S. society.
The height of hypocrisy for an administration that refused to call out anti-semitic supporters during Charlottesville protests and among the many white supremacist groups that support Trump.
"One week after former President Donald Trump announced …
I think I've read and I hope true, green energy is becoming cheaper than fossil fuel. If so,it will grow on its own.
Yes, but who will be driving all that growth, and reaping the rewards? The U.S. or foreign competitors?
"The majority of automotive manufacturing facilities in the US are in Michigan, Ohio, and Indiana - home to a large number of American assembly plants and parts suppliers. States like Kentucky, Tennessee, South Carolina, Alabama, and Mississippi for…
Hi @Anna and @DrVenture
How about this?
I forgot about CBS. The can teach a master class in the butt smooch. They put the BS in CBS. Maybe they can replace the CBS 'eye' with a pair of supple lips?
May I recommend a few such tutors? People who have truly mastered that particular art form? JD Vance? Bessent, Bondi, Hegseth? Most of SCOTUS? These are true masters of supplication. They can demonstrate perfect lip placement and moisture control. J…
Auto Industry Takes $12 Billion Hit From Trade War
"President Trump’s tariff war has inflicted almost $12 billion of losses on global automakers,
the biggest hit they have faced since the pandemic.
The scary reality: This may be just the beginning.…
TBUX (TRP Ultra short bond ETF) is also doing well, with a 1-wk return of .23%. The 7-day SEC yield is 4.65%.
I'm pretty sure that's 30 day yield, if I read it right.
But now we're drifting from money markets to ultra-shorts. Not that I mind t…
TBUX (TRP Ultra short bond ETF) is also doing well, with a 1-wk return of .23%. The 7-day SEC yield is 4.65%. I sometimes combine it with a MMF to juice overall returns.
In any decline, those at the bottom always take it worst of all. Many of them voted for this, thinking this would be their big chance to get out of their rut. They will get crushed economically. I'd also assume that a lot of older Trump voters will …
I should add here that Trump says the ballroom will be paid for by donations from “patriots” - whatever that means. But it seems you and me are footing the bill for the bathroom upgrade.
That would be "involuntary" donations it appears. Will tho…
Thanks to Observant for keeping it real, despite attempted misdirection, deflection, whataboutisms and the usual straw men.
Firing people for telling the emperor that his new clothes appear "lacking"
is the work of tyrants. Some folks like tyrant…
And we should be asking, if China establishes a strong footprint in Latin America which economically benefits Brazil, how many others will follow? Each domino that falls may bring Chinese economic influence closer to our Southern border.
I also think that the private sector data/numbers will become more trusted. Investors will not be misled so easily. This could also backfire, when even positive true/real government numbers are viewed with skepticism.
The choices are to either wait until all the data is collected and properly verified, then release it months later. Or offer preliminary data, then apply revisions as the data is finalized. Three month old data may well be useless. Preliminary data …
Thank you for chiming in, DT. I remember you from M* forums, you always offered level-headed opinions. I agree with your concerns, and conclusion that the data is changing almost daily.
Link works. The entire thesis is exactly where I am at the moment. Leaning into FI, not feeling that equities have a great risk premium right now. Holding cash in lieu of longer bonds. My FI allocation has nearly matched my equity allocation in the …
@equalizer and @Howaya make some excellent points. The U.S. has a voracious consumer with plenty of disposable income ... for now. And in bigger numbers than many of our trade partners.
And China has a robust manufacturing base that is hankering t…
As the economy unravels, we will hear a lot more of "It had to be done". As if making us economically weaker accomplishes anything. Ot that they are fighting the "good fight". No proof will ever be forthcoming.
I stand corrected, apparently we have a $31 billion deficit on approximately $765 billion in total trade. Not surprising, as we import 4 million barrels of oil a day from Canada.
I might add that I do not personally consider a trade deficit to be …
That was a $7.4 billion trade surplus with Brazil in 2024. And an increase from 2023. Yet, here we are placing tariffs on Brazil. Even more reason for Brazil to strengthen ties with any partner that isn't engaging in unfair trade practices with them…
Add to all of that the deportations and immigration restrictions that will eliminate the low cost labor that allowed us to compete better with lower income trade partners, and will cut us off from the best and brightest.
Conservatives like to talk…
I had PRHSX for decades. I dumped most of my healthcare holdings before I lost too much of the outsized gains I had accumulated. The weakness started in early 2022.
