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.
"Does anybody here seriously look at the most recent Bureau of Labor Statistics numbers before throwing $$ at this fund or that fund?"
Maybe not too many here at MFO, but do you really believe that the Fed doesn't take a real hard look at those num…
"Subsequent payroll employment releases are therefore more accurate than the initial release."
Not if Trump says their not. You obviously don't understand the underlying principles of our new improved reporting systems.
@larryB- Now don't be too hasty... maybe Ford would be a great investment right now. Oh, wait... maybe not... seems like Trump's really stuck it to them. Oh well...
Well, that's one more seat on the FOMC that will bow down before Trump, regardless of what the actual facts of the economy are. Then again, after Trump fires every government employee who dares to report something that he doesn't like nobody will re…
Too serious for that... the people over at the Fed certainly cannot stop paying attention, nor can any financial operation that depends on accurate information on the economy.
This bozo of a "leader" cannot grasp a situation of any complexity. He s…
And these additions, from a report in The New York Times:
President Trump unleashed his fury about weakness in the labor market on Friday, saying without evidence that the data were “manipulated” and that he was firing the Senate-confirmed Departmen…
@hank- And, sir, in that very vein:
A report from The Guardian:
Donald Trump has said he’s ordered the firing of Erika McEntarfer, the commissioner of the US Bureau of Labor Statistics, hours after data showed US employment growth was weaker than e…
Wow. Section 338 is surely heading our way next. Talk about "vague"... "Discrimination against US commerce" could mean anything that he wants it to. And how would you even begin to challenge that in a court?
FWIW, I've been very interested in this case since it was filed and slowly worked it's way up the chain. My guess is that it's going to be Roberts's call, and he is unpredictable as far as I'm concerned.
It will undoubtedly be taken by Trump to his "Supreme" Court:
"THIS SUPREME COURT IS THE BIGGEST, BEST AND MOST SUPREMEST COURT IN THE HISTORY OF THE UNITED STATES, and IT'S ALL MINE !!!)
Thanks so very much, Catch... I'm really happy to know that I can buy that watch, but @Observant1 has me so totally outclassed that it's probably not worth it anymore.
Well, I was gonna buy myself one of those really expensive Swiss watches so all you guys would be impressed, but I guess I'll have to stay with my good ol' Seiko. Darn. A day late and a dollar short. Again.
Wall Street’s Big, Bad Idea for Your 401(k)
Excerpts from a current Wall Street Journal article by Jason Zweig
The excerpts shown here are a very small section of Mr. Zweig's entire report. I stronly recommend that his report be read in it's entir…
She's going to "get" a lot more before this is over... he's just begun. The poison that's being injected into America is going to remain in our bloodstream for generations.
@Observant1- What a great find! Takes me back to the 70s for sure. Unfortunately my hearing is so degraded that without captions I can't really understand much of anything anymore. But for those who don't need captions, this group of programs is a r…
"why proper diversification means always having some parts of your portfolio that aren't performing well."
Well, FD1k certainly sneers at that sort of thing. He don't need no stinkin' diversification.
