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.
Just my 2c: Surveys have low signal value. Actions speak louder than words and right now someone has shouted fire in the theater so the crowd is rushing towards the exits.
I dunno, maybe the institutional money sees the retail exodus as a contraria…
Good answers. Are the returns better at the same risk level? Is that sort of info even readily available? I believe we are all basically talking about Joe Public here. No one cares if the wealthy take on unknown risk. My opinion is, if there is a "c…
I am left wondering why private credit? Isn't nearly anything that you might want available in an existing public credit offering? HY, MBS, corporates, EM, pick your poison. Wants some additional leverage? Juice it up with any of the CEFs.
Why wou…
Today is more like a dead cat bounce.
Warren Buffet would not touch private equity. For Berkshire Hathaway, he invested billions into T bills. Private equity wants to gain access to dumb money, 401(k) $? If allowed, it would be a disaster.
WB …
I am not a fan of either private credit or private equity. Hence I will do what i can to educate friends, family and "where I can" elected officials that they don't belong in retail retirement accounts. Mainly because the fees are too high, the firm…
Prof Snowball
I find your decision to buy into AVALX at this time interesting. I've held AVALX at 5% weight for the better part of 2025 to present moment. It has done well but at this time I view a TACO on Iran as a high probability event and am de…
Bibi has pinkie promised Cheeto that he will foot the "kinetic conflict" bill, replenish all the drained inventory and ensure that US defeats China when Taiwan is attacked. Lindsey has endorsed Bibi's promise.
Europe will fold, the show of unity is nonsense. When it really comes down to it, each country will prioritize their self interest over anything else. And Europe is incapable of defending itself against Russia or China.
This is what happens when yo…
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, …
