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From today’s WSJ - “The ban on borrowing could have the greatest impact, lawyers said, because most large U.S. banks are registered or have charters with New York.”
Sounds a bit like the financial markets...
Yes. Come to think of it … Some of CNBC’s lighting, sounds, characters and stage-sets do somewhat resemble a casino.
Thread reminds me of Kurt Vonnegut’s “Ice 9” from his cataclysmatic novel, Cat’s Cradle
Am near fully invested mostly in alternative and balanced type funds. Some exposure to high yield, though those in the know say spreads are too tight. Bold e…
The stuff on Shatner was fun. Just kept transitioning from one video to another. / SNL’s 1986 style humor - a nice throwback to a gentler time.
(Reposted from @msf’s earlier comments) And get a life (Shatner, SNL):
https://www.dailymotion.co…
Photo & Article from this Week’s Barron’s
“Last week’s Investors Intelligence sentiment survey showed the highest percentage of self-described bulls since the summer of 2021. Market strategists have been raising year-end price targets for t…
@Anna - What I have trouble doing is learning to speak such that every word out of my mouth is an unmitigated lie.
It’s the circus effect … You pay to go see the “fat lady”, the 10’ guy on stilts, the lady in a cage with a tiger, and clowns - …
Watching some interesting CNN analysis. Several knowledgeable guests. Says one: The family is now officially a “crime family” as the two sons have been fined as well. Also “money begets money”. The more you have (or pretend to have) the more you …
Nice. +1
I read a lot of the M* Analyses and they emphasize stewardship often (perhaps using different terminology). Stability of management across the organization is something they often mention. High turnover is a negative. If managers invest …
”And yet I have had nothing but the best opposite response and results from Fidelity. Go figure.”
Thanks @Mark. I was just about to leave Fidelity and move to Schwab based on all the glowing testimonials. :)
Glad @Crash now has some resolution …
Today I received a UPS package with about 5 pounds of forms - EVERY MONTHLY AND QUARTERLY STATEMENT SINCE 2013 - BUT NOT A SINGLE 1099-DIV!
When they say "Invest with Confidence" they must mean with someone else!
+1 / Somewhat similar to the issu…
@Crash- I'll tell you what- when you find the perfect broker who meets each and every one of your non-negotiable demands, and has a record of perfect service for at least ten years, please let the rest of us know.
Ain’t that the truth? 90% success …
Red as far as the eye can see. I did open the day with a small position in SPDN which, of course, gained. But sold it later in the day. CVSIX is a good bond substitute. Only off .14% today. Probably my best performer aside from cash. Also opened …
Like others say, each has attributes. Both Schwab & Fido command a lot of respect. Today I put through 2 different OEF “buy” orders at Fido (same fund) in the last 15-20 minutes of trading. Than I subsequently cancelled each and put through y…
Crash - I’m sorry to hear of the inconvenience you suffered with T Rowe Price today. But are you sure it was Pershing they had to speak with? No wonder it took so long.
”These questions were very subjective.”
For sure. Just for fun me thinks. I went back & looked at #1 again - Would you rather have a smaller govt. or a larger one providing more “services”?
Well … What services? Port facilities for the supe…
:) You owe me one!
I don’t know if anybody else does the free annual Medicare “Wellness Visit” for folks over a certain age. Mostly, they try and determine whether your mind is still lucid. Counting down backwards in 7s is one I recall recently. …
I’m afreaid @Low_Tech is “behind the curve” however. Fixed income was in vogue a year ago when money market funds hit the “astronomical” 5% mark. Today we’ve moved on to the “Mag7” - some of which have tripled or quadrupled over the past year…
I should have said: “Powell holds his cards close to hus his vest.”
I don’t consider him inherently dishonest - just not completely transparent in revealing what he really thinks or what the Fed might do next. “Fed-Speak” has always been a bit o…
ISTM as we age and seek out more esoteric investment styles with growth potential + downside protection fees are likely to increase. My two Long-short funds (10% each), NLSAX & CPLSX, both have “adjusted” fees in excess of 1.5%. With interest …
All I can say is 6 weeks is an awfully short time to measure any portfolio’s performance.
The earlier “near certainty” of a Fed rate cut in March has been thrown into serious question in recent weeks. Markets lately seem obsessed with that possibil…
”Individual stock returns listed on M* and other sites(YTD, various average annual time periods) would be less annual dividends, correct?”
@Roy - I think you are incorrect. Pretty sure those M* annual return numbers (and those from similar sou…
+1 Nice summary Yogi. Loved the vinyl record used as Forsyth’s (CEF column) photo-piece, representing a type of investment that’s “out of style” today.
ISTM Forsyth probably understands CEFs well. A bit over a year ago he recommended BCAT and …
+1 The “Mag 7” seem to be sucking the oxygen out of markets . Deep value has gotten deeper. This could last a long time. No answers. I clipped the wings of 3 individual stocks this morning and opened small equally weighted positions in GLTR a…
2% is quite low by hedge fund standards. I’ll pass on this opportunity. Hedge funds for the filthy rich make some sense. I think as someone noted elsewhere, wealth at the upper level is concentrated in families and passed on generation to generatio…
Thanks for speedy reply @Old_Joe.
I’d say the case now under consideration would have significant ramifications with the electorate if decided in the affirmative. Holly creepers .. where would the judicial system go next following such a determin…
I’m a little confused. Bloomberg TV is reporting as if the SC has already begun deliberating on the issue … ? Did they indeed “fast-track” it for immediate consideration? Or, are they just deliberating on whether to take up the case?
- How do you get a choice of 35 - 50 NCAA games ,basketball, on any given night ?
Here’s today’s schedule. if your Hulu subscription includes “add-ons” like ESPN, ESPN2, ESPN+, Fox Sports, Big Ten Network you should be able to live stream an…