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.
While Congress has been abdicating power to the executive branch over many decades (unwisely in my view), the current situation also points to a known flaw in our system of democratic governance with the general populace electing the chief executiv…
James Stack in his latest update to subscribers today:
”Our portfolio remains positive for the year, while the S&P 500 is down -10.2% and the Nasdaq Composite has tumbled -15.7% year-to-date.” - *InvesTech Research
I read Stack but don’t use h…
The Ask the Compound crew received many questions from anxious readers expressing concerns about stocks and the present investing environment. The crew provides some context for the current situation and offers potentially helpful suggestions.
The n…
I enjoy Cuomo, too, many evenings. Goes down easier than the more “in-your face” MSNBC / Fox / CNN. He’s an excellent entertainer. Did an excellent interview with the father of an American Airlines pilot who died in the Washington crash. The fathe…
Oh - It involves much more than the relative value of the dollar vs other currencies on the FX. We’ve had a weak dollar at times during the past 75 years while the reserve status remained intact. I can’t ever remember it being seriously questioned…
Currencies fluctuate. You can find / make arguments for and against a strong dollar. For that matter, if your goal is to profit from currency movements you can invest in foreign currencies thru etfs. Both FXY (invests in the Japanese Yen) and FXF…
Thanks @Old_Joe. Twain was brilliant. He did not tolerate fools well. As you know, his writing career began in San Fransisco. His Life on the Mississippi is a fun read detailing his “coming of age” as a river pilot - a learning curve not unlike tha…
From Crash - “...And now, 90 day delay. What will happen next? Who knows? Does Donald even know? Clearly, there is not any plan at all. Fly by the seat of your pants. Throw the dice.”
Why guess? You might invest $19.95 in a Talking President Predi…
Interesting Bloomberg Article (here)
Is anyone else surprised by how little ipads contribute to Apple’s bottom line? I sure was. 99% of my internet access is on ipads. I own 2 newer models, a larger ipad “Air” for home and a smaller “mini” whe…
Good post @Crash
For sure. Liquidity issues among some big players were rumored last week. Shortage of cash in the system to cover losses. Perhaps the “elephant in the room” owing to the amount of leverage / speculation in the system. Credit …
Loved it. Caught it live. It’s also running over in Off-Topic.
Hope Bloomberg’s announcers know a little more about the markets. Some days I wonder ... :)
And good to hear macaroni & cheese is up!
”Please limit comments to how tariffs may impact the economy or investing.
This thread is not intended for political diatribes - please use Off Topic for that.”
Thanks. I needed that!
The President’s name is attached to these and he’s exercising…
I'm looking for tips on how to invest during a trade war. This isn't your average cyclical market bummer, or a black swan like COVID. I'm not saying it's different this time. But I wasn't around for Smoot-Hawley, the McKinley Tariff, or The Tariff …
Inflation tends to drag many assets “higher” in nominal terms. I expect a lot of it down the road (next 3-5 years). The U of M sentiment survey released today shows consumers have raised their inflation expectations -
”Respondents also said they…
Update -
As of 2:40 PM today the Dow was again above the historically significant 40,000 mark.
+1.45% +580 points at 40,172 (Yes - it’s likely run back and forth before.)
I’d appreciate it if you could direct any political perspectives to so…
Executed 5 separate sales across my basket at Fidelity between 2 and 4 PM Wednesday. Basket has 12 holdings (stocks / CEFs). Had put through 1 buy order earlier in the day and had also bought in the days leading up to Wednesday.. These maga-swi…
@LarryB - Please do not turn my thread into a political discussion.
Please know @LarryB has acknowledged investing in nothing except cash for several years. He is not a fund investor, He is clearly trying to disrupt this thread and turn it into…
”… the world has changed drastically since Inauguration Day. If you can acknowledge that, you will find the point that you say you are missing …”
Hugh? I was referring to the linked chart Larry. It appears to show the Dow today at the point it w…
@equalizer - Thanks. Excellent article. Helps explain what happened.
I suspected some liquidity issues Friday (possibly part of the referenced ”margin” issues?) - just from the way everything except the very highest rated credits behaved.
Pa…
I’m seeing a DJI low of around 27,089 in March 2020. It closed Friday at 38,315.
Obviously, I’m missing the point here somewhere.
I wouldn’t be surprised to see it test that 27,089 low the way things are going. So far … just a mere 10-15% down…
Power came back on after “only” 30 hours for me compared to 7+ days for my poor neighbors.
Some thoughts -
- Wondering how many have been seriously injured tripping over power cords during one of these unexpected events? Seems likely the biggest …
Here’s what Fido’s analytics pulled up for me this morning.
Domestic Stock 16%
Foreign Stock 24%
Bonds 26%
Short Term 22%
Other 11%
After 2 days buying I’ve moved the equity position from 35% to 40%. The “other” remained stable at 11%. Most of…
Even though I had cash to invest during the pandemic, I hesitated - caught between wanting to exit or take a chance to buy while the market was low. I chose to hold what I had and invested only small amounts at the edges, kicking myself later for t…
Back home. No power or broadband internet. Have gas generator. And getting 3-bars off the nearby cell tower. Plenty of fuel. Will cope. Had to be awful for those who’ve endured a whole week of this. At least it was cold enough that there doesn’t s…
A lot of truth. I drove a nice new Malibu in Florida. Not a bad car. But was amazed how much nicer the Camry rides and drives when I got home. A world of difference. Made me wonder the last time Trump had to drive himself somewhere in a car and …
I would love to hear uncle Louie's take on this whole business.
Me too @Mark - As I recall, Lou had a generally low opinion of politicians in the first place. He’d probably really be scratching his head today …
Been trying to do more buying at F…
I was buying this morning, taking cash from 12% down to 7.5%. (Not all into equities of course.)
** Fidelity’s site was as slow as I’ve ever seen it. “Dead in the water” at times. At one point around 11 AM I received a message “We are presentl…
A photo trip - in more ways than one. (Just tap the X / Shouldn’t need to login.)
https://m.facebook.com/story.php?story_fbid=pfbid0rzXALcs8EqxrNSCdos71NF3GNjWzaP8QZLVdemNMKbT29Lm9YJfYpP1UPAazHzbVl&id=100079639007200
Just a blurb off the internet a few minutes ago: From National Weather Service
“ Extreme weather advisory
3 hours ago
Winter weather advisory
NWS Gaylord MI
* WHAT...Mixed precipitation expected. Total snow and sleet accumulations around one inch.…
