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.
Congress has lost it's spine, three Red clowns on the SC worship Cheeto and the other three give him a pass most of the time so...
The genius of SC being a co-equal branch of Govt. but members being appointed by the other two branches and life tenu…
Venezuela is ancient history to Cheeto. Rubio apparently has wet dreams about this so Cheeto content to let Rubio fulfill his fantasies. On to the next shiny (green!) toy. Perhaps even pluck the leader of Colombia in the interim.
Oh, the possibilit…
Congress can take off for the rest of 2026 and focus on other worthy causes -- like fund raising in order to get re-elected. Perhaps look into how to re-grow a chopped spine.
Venezuela oil is about 5% of China's sources. Easily replaceable and useless as a tool to pressure China on silver. The bigger message to China is to bugger off from the Western hemisphere and in general be aware that US can nuke any close relations…
Venezuela oil is about 5% of China's sources. Easily replaceable and useless as a tool to pressure China on silver. The bigger message to China is to bugger off from the Western hemisphere and in general be aware that US can nuke any close relations…
@PopTart: In theory at least, US should not be picking winners and let the voters decide. But we know how that goes. To your point, the dismissal of the opposition leader points to the install of a leader friendly (cough: puppet) to US interests aft…
Let me expand a bit and provide some other thoughts
- War is great for the MIC and MIC affects most states.
- US controlling Venezuela (and seems Trump is already ruling out the opposition leader, perhaps because of gender) will give massive levera…
2026 will be interesting
- Bull catalysts: QE, Election year -- GOP will do whatever it takes to keep control, puppet Fed reserve chair, AI soars
- Bear catalysts: High stock market valuations, PM prices signaling $ decline, delayed impact of tariff…
Rubio is the human equivalent of a dung beetle. As the purported Sec Of State, he is serving as the admin assistant of Witkoff and Kushner. And this experience I suppose in his mind preps him to stake a claim to a future Prez race. Maybe he is inspi…
Interesting indeed for a M* employee to publish this and for M* to post this on their site. Note the date cherry picking across the different asset classes -- 10/15/20 years
Two points
- Bug looking for a windshield
- Data torture will produce what…
Well duh! Trump photos partying with Eppstein are a national security risk. So those wind farms producing all that clean energy and reducing dependency on fossil fuels, it is a national security threat to the fossil fuel firms lining up Orange Bligh…
For context, there's also this blurb in the same WSJ article. Defaults are rising but the sky isn’t falling (yet).
"Defaults remain relatively low in BDCs overall but have risen, averaging 3.78% in September compared with 3.27% at the end of 2024, …
On the theme of torturing the data, some food for thought (via AI, not cross checked for accuracy)
Typically, when the S&P 500 has effectively doubled (or nearly doubled) in a 3-year window, the subsequent 12 months are often a "hangover" perio…
Politicians of both parties are indeed corrupt. But there is a significant difference in scale. There's several zeros between 300K and 3B.
The scale of corruption in this current administration and insider circle is staggering and unprecedented. D…
I have accounts at Schwab, Fidelity and Vanguard. Schwab imo is the best one stop shop solution because it has a real bank vs. the other two. So you get Zelle for example. A real bank also makes it easier to wire in/out vs. the convoluted nonsense a…
One individual or party does not control the long arc but most certainly can influence the short arc. For example Democrat policies on solar, renewables, EV credits does influence consumer and market behavior.
Republican policies around ACA, EPA, T…
The 25th amendment is interpreted by his ring kissers (cough: Cabinet) as offering zero counter-argument when Dear Leader talks about running for a 3rd term.
Continuation Vehicles, PE Secondaries, IPO, Dividend Recap, SPAC, MBO
I don't disagree that PE Primary funds are in a tight situation which is why PE Secondaries are thriving (or pass the pillow dynamic you commented on)
I suppose one can make the…
Below aren't the only exits. And I believe the author knows this. Whatever other points he's making lose credibility.
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So, how does private equity get out of this jam? They have two options:
Gradually re-price their investments to fair market v…
I watched the entire segment and it is definitely worth a watch. Gundlach is smart and entertaining even if the smarts haven't translated to his funds being a roaring success.
I am mildly bearish at this time but the counter point of "administration will do everything to juice the economy ahead of mid terms" argument is powerful. I hope AQR plays that trend well.
