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.
An excerpt from The Economist newsletter, today:
President Joe Biden reiterated that America will not send troops to fight in Ukraine, saying that doing so would mean a direct confrontation between NATO and Russia and thus “World War III”.
Speaking …
Now that you bring up banks, I don't see BofA or Wells Fargo either. I wonder if it's likely that they don't have any Russian exposure or dealings?
Edit- Looking more closely I now see "Citi at $9.8 B" on the "Remain in Russia list.
"If not -- and I suspect that will probably prove to be the case -- the current turmoil caused by this war may seem minor in comparison to what follows."
"... and that will be only the beginning."
Yes, that's exactly what I meant.
His theories seem to be well grounded in what's actually going on in the real world, and I respect his efforts to anticipate what's going on, but unfortunately in this arena there's just so many unforeseen variables that I don't think that any econo…
This definitely is not going to end well. Putin will eventually assimilate Ukraine, and that will be only the beginning. We older people know where a policy of appeasement got us in the 30s, but I really wonder if most people under sixty even have a…
@Derf- yes, that's an old story. When we toured there some years ago our guides pointed out huge blocks of apartments in wealthy neighborhoods that were almost totally Russian-owned.
No argument at all. You just happened to hit a nerve. Living in this city drives me nuts, sometimes.
"when they should perhaps save their ammunition for the most egregious pressing offenses" is exactly right on.
To @LewisBraham: Let me be VERY clear about this: I may be an EAP, but I'm sure as hell not "woke", and have no intention whatever of "waking up" any time soon. There's enough of that nonsense here in SF to make me choke. A couple of weeks ago "the…
It's a long and involved story and to an extent does involve posters who are no longer present, as @hank alludes to. Lewis Braham's comments are something of a parody, but contain more than a germ of truth.
Here's the situation, highly abridged, bu…
Happy to try and help... thanks for your response. I'll add that to my store of miscellaneous info which might just come in handy sometime.
OJ
@Mark- It just occurred to me that an interesting test might be to try a different browser on the older…
@Mark- No sir, I have no idea on that. The HTML code for the picture simply directs your browser to the data stored at a particular internet address, in this case an NPR picture file.
Unless you take some specific action to store that image data, …
According to the Associated Press/NBS News Russian oil accounts for only about 8 percent of U.S. oil imports, according to the most recent data from last year. That accounts for about 5 percent of Russia’s crude oil exports.
The US embargo is mostly…
Following is an excerpt from today's column by Matt Levine in Bloomberg's "Money Stuff".
Russia’s decision to block foreign owners from seizing hundreds of planes worth about $10 billion is roiling a market where aircraft leases are bundled into bon…
"Russia is one of the players in the OPEC cartel"
Yes- that's one of the reasons that the Saudis have been reluctant to help out on the situation. The other main factor seems to be that the US has a rather poor relationship with Saudi Arabia at the…
I've always disliked Cadillacs of any type. Second-class engineering, bought by people who don't know any better and think that "expensive" = "good". In some areas of the vehicle world that's very true, but certainly not out of Detroit.
Lest anyone…
@AndyJ- Hello there- I wouldn't waste too much thought on PG&E's specific role in this concept as they now see it. I'm certain that they'll try to structure the setup to their own maximum advantage, but whatever they're thinking now will likely …
Yeah, that "elite" part of the comment really stung...
I guess I should consider trading in my 12 yr old Tacoma for something more elite, like one of those totally stupid Cadillac "pickups".
When I worked for SF I always said that the main reason …
" it seems the average man on the street is the one out of touch with reality."
That would seem to lead us back full circle: People- Ignorant and Proud of It.
Well, I suspect that he isn't a happy camper. I've been called worse, but that "elite" part really hurt.
Once again I have to admire the faultless logic of their point-by-point response, buttressed with verifiable facts. Really hard not to be impre…
With great difficulty I'm holding my tongue in the interests of MFO. Because a very few posters abuse this site to promulgate their own personal "populist" agenda does not release me from my obligation to respect the interests of the common good- a …
