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.
@rforno- Interesting relationship concerning Verizon/Yahoo. Since AT&T uses Yahoo for their email service (at least for our AT&T u-verse service account) does that extend the relationship to "AOL/Verizon/Oath/Yahoo/AT&T"? It would seem…
Current Article from The Wall Street Journal:
North Korea Is Rapidly Upgrading Nuclear Site Despite Summit Vow
"The satellite pictures, captured on June 21, nine days after the Singapore summit meeting between President Donald Trump and North Kore…
Nothing that we post on any internet application or "service" is in any way private. If some entity wants it badly enough, they will get access to it. Period. Full stop.
IMPORTANT NOTE: The Fidelity article referenced by Ted has been substantially re-written from a version which they had posted yesterday. Now, their headline is identical to Ted's. Because I have no way of knowing which version Ted actually saw and c…
And Robert Samuelson weighs in via The Washington Post:
"We’re going to lose this trade war"
"If we are to have a “trade war” with China, it would be best to win it. We should be better off after the fighting. Unfortunately, the chances of this h…
And likely to get much messier before it's over... this from The Wall Street Journal:
As Trade Barriers Go Up, Global Supply Chains Unravel
"The numbers of jobs gained and lost probably end up a wash. The real costs are higher prices and fewer cho…
@DavidMoran
OK, you're right- I (we?) didn't read down to that part. Note that it states that each couple "have a minimum household income of $75,000 or at least $100,000 in investable assets". Well hell, that's your average American "couple" for s…
@hank- What are the odds that Fidelity queried people who already had accounts at Fidelity? As if that would be representative of average "couples". The lack of any information on the survey process is very suggestive. Garbage in, garbage out... to …
It's going to be interesting when their "feeling" that "their financial health is in good to excellent shape" meets reality.
You just know that this was a well-designed survey, right? Thanks Ted, for more worthless garbage.
We subscribed to The Nation for many years, watching it move more and more away from the center.Towards our final years Ferguson and a few others just drove me nuts, so we finally cancelled and replaced it with The Economist.
"Can it simply be the BS around AI is catching up all around?"
@VintageFreak- Funny you should ask,,, I've been wondering exactly the same thing for a while now.
On the other hand, IBM seems to be doing well with their "Summit" operation:
"the United States has regained the lead thanks to a new supercomputer built for the Oak Ridge National Laboratory in Tennessee by IBM in a partnership with Santa Clara’s …
Yes, despite all of the feel-good "aren't we great" propaganda the history of the United States in this area has been highly checkered, to put it mildly.
@VintageFreak- I always believed that if I owed money to anyone then they owned a part of me. So, other than the home mortgage, which was paid off well before due, we never owed money to anyone.
The home mortgage was taken through a very decent SF …
@Anna- your question is a little hard to parse as written.
The tax in question is that sales tax which would be levied if the purchase were made in a physical store location within a particular state. Presumably the person making such a physical p…
"I think what the right is doing here is cutting off their nose to spite their face"
@hank- Does seem that way, yes? As it is now, ICE is closing down some fairly good-sized businesses by arresting and deporting most of their labor. But wait! Aren…
@rono- I'm sorry, but your comments must be disallowed due to their excessive content of truth and common sense. You may choose to appeal, but if you do, you will be jailed until we damn well feel like letting you out.
Sincerely
Jeff Sessions
F…
And then we have another WSJ article from the same edition:
Nikki Haley: ‘It is patently ridiculous for the United Nations to examine poverty in America’
A United Nations report condemning entrenched poverty in the United States is a “misleading a…
A quick scan of the reader's comments to this article is illuminating. By a huge margin the almost universal response is very cold: "Tough"... "They squandered their lives, it's not my problem"... "They are stupid, don't expect my taxes to help."
A…
Yes, I saw that also. And I agree... the chances of a reasonable recovery to a situation where give/take and compromise is possible don't look good. Not at all.
@Art: Of course, understandable... why would you need to know the facts of what's happening before commenting?
Lewis has asked Ted a number of times to please stop presenting his work via an internet site that plays fast and loose with other people…
"It sure looks like Trump is lying about his agreement with Kim Jong Un"
"President Donald Trump either doesn’t know what he agreed to with North Korean leader Kim Jong Un last week or he’s lying about it."
"It’s not surprising that something Trum…
@Ted says: "I've had this checked out several times, and have not committed any crime or violate any copyright law since I do not profit from my links."
Welcome, Comrade! Under our new socialist system you have every right to use someone else's wor…
@Art: You've got one hell of a nerve telling the author of a piece of financial writing that he doesn't have the right to comment on the misuse of his own original work.
An update to above CD post- First Republic Bank in SF now has 10 month @2% and 20 month @2.5%. So things are starting to move.
FWIW, I'm guessing that they are looking at 3 to 3.5% in 20 months.
ADD: Current @ 4:45 PDST, from the WSJ:
Powell Says…
Edited excerpts from an article by Max Boot, in The Washington Post:
"Ivy League schools such as Harvard are not just trying to select the best academic performers but also the students who will go on to have the greatest success after graduation —…
These parents hoped to raise $1,500 for separated migrant families. They raised $12 million and counting:
"It began with the smallest possible quantity of optimism, which turns out to be $1,500.
Charlotte and Dave Willner had seen the pictures of …
Trump and Kirstjen Nielsen’s embarrassing surrender on separating families
"It's at once an admission that the politics of the issue had gotten out of hand and that the administration's arguments were completely dishonest."
Analysis by The Washin…
