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.
The market demands a broad Trump-Russia theory — but the evidence doesn’t support one
Jonathan Chait does present an interesting and suggestive interpretation of Trump's relationship with Russia. (Check out David Moran's link in his original post, …
@hank- Seems to me that it wouldn't take much effort for a mutual fund company to take a representative sample of accounts in the RMD phase, and keep an eye on the average (not in the mathematical usage) cash account level once the transfers have be…
Let's see now. The graphic says that in 2017:
• the US sold ~130 B to China.
• China sold ~500 B to the US.
Let's say that-
• we apply a 10% tariff to the 500B: that's a tax of 50 B that US consumers will be paying.
• China applies a 10% tari…
@rforno- Good Lord! You've been dredging through the Sargasso Sea of Lost Links all this time? Years ago we (read: David and Chip) spent months finding a decent way to evade the dreaded Sea of Lost Links without edging into the even more dangerous w…
From The Wall Street Journal:
Ex-Coal and Energy Lobbyist Named Acting EPA Chief
And the WSJ goes out on a limb with this prediction:
"Andrew Wheeler’s elevation from deputy administrator isn’t likely to bring big policy changes"
Who woulda tho…
This just in! Not to worry- Fox will now have the real story... everything else is fake news.
White House Taps Former Fox News Executive For Senior Communications Job
"Former Fox News co-president Bill Shine has been named White House deputy chief…
When we go to Costco the immense displays of huge televisions with wonderful color and fantastically clear pictures are of course right by the entrance, so you can't miss them. Sometimes I stop and look for a minute or so. Then I remember that ther…
This is absolutely not a commentary on any connection between Independence Day and military activity. However, having recently visited the American Military Cemetery at Omaha Beach, this story is riveting:
How A High Schooler Helped Reunite Twins …
Is new 1040 tax form deceptively simple or just deceptive?
By Kathleen Pender, San Francisco Chronicle
“The ‘shorter’ 1040 is a fraud, like everything else Trump does,” “They eliminated 50 lines from the old 1040 by moving them to new schedules.”…
"leaving Government holding the bag with food stamps"
@VintageFreak- Not to worry. The Republicans are taking care of that problem by cutting back on the food stamps.
Yeah, mail holds are always a trip. We always deal with the local PO- not on-line- it's only a couple of blocks away from the house. Still, never twice the same results. In our case the problem isn't the actual local PO- it's always at a large sorti…
@davidrmoran- You know very well that Brian is incapable of understanding that a federal government with the power to regulate its own monetary affairs works at a different level and upon significantly different basic economic principles than are re…
Because of inflation and the significant increase in automotive efficiency, road maintenance tax intake in California is well below where it was traditionally for many years. The roads are in some places barely usable, and are rapidly deteriorating …
@LewisBraham- His "generosity" in condescending to help pay for the operation of the country that he lives in. As in "Let somebody else pay for California's highways... why should I have to help?"
• "my income, land, savings and other property belongs to me"
• no, I won't pay enough taxes to balance the budget, so...
• yes, I'll only vote for politicians who won't raise my taxes, but...
• "if you have it within that balanced budget, go for it…
@MikeM- It's all well and good to be "100% invested" but it tells you nothing about an individual's overall exposure if you don't have some idea of their actual cash/cash equivalent position.
Big difference between someone "100% invested" while al…
"Relies on USPS, in which I'm losing faith on a daily basis."
They seem to be doing a pretty decent job here in SF. Perhaps you have a local problem? They might to be short of employees in some areas as I notice a fair amount of "postal career" adv…
