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.
I won't be surprised if before this is all over we see Trump mentally deteriorating also. Although given where he's starting from, it may be harder to measure.
@hank- now it's important to realize that the bank bond we're referring to has no FDIC or other government backing- it's a regular commercial bond, with Deutsche Bank having an "A" rating, which isn't the top rating. So it can't be directly compare…
Yes, I certainly agree about single point-of-failure situations, and I also maintain secondary banking access to JPM. Good points. Also, a little bit different here, as both JPM and Schwab are about one block away.
"Bullshit, come on"
@davidmoran- Well, maybe I've been missing something. Can you point me to a major candidate for president or a major political party honestly worried about the ever-increasing national debt?
No argument, but good luck to us on that. Last time that I looked there was neither a major candidate for president nor a major political party saying anything of the kind.
Some people seem to have a lot of trouble separating facts from political propaganda. For example:
• Political Propaganda: What Trump said.
• Fact: That Trump said it.
No problem getting into Schwab just now. Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
DJT -8.56%
I surely agree that Mark Kelly would probably be one of the best choices from the standpoint of picking up Arizona votes, but I would also hope that Tim Walz could find a prominent place in a new cabinet. I really like that guy.
There is absolutely no doubt in my mind that the yield from any bond-based MMKT fund will continue to decrease as the Fed lowers interest rates. The only protection against that is a bond/CD ladder stretching out for a reasonable number of years. Ri…
"My wild guess is that there will be a serious correction coming"
Yes, sir- and that's exactly what I'm worried about. Having survived for 85 years I'm a true believer in the old adage "If anything can go wrong it will, and at exactly the worst tim…
FWIW: For the past week or so the great preponderance of financial news in the Business Section of the WSJ have been negative. Major layoffs, store closings, poor performance, failure to meet analyst expectations, bankruptcies.
Just sayin'...
FWIW: For the past week or so the great preponderance of financial news in the Business Section of the WSJ have been negative. Major layoffs, store closings, poor performance, failure to meet analyst expectations, bankruptcies.
Just sayin'...
FWIW: For the past week or so the great preponderance of financial news in the Business Section of the WSJ have been negative. Major layoffs, store closings, poor performance, failure to meet analyst expectations, bankruptcies.
Just sayin'...
"It's just a think-tank report that no one commissioned or endorsed."
And that did, and still does, employ a group of many of the most radical members of the former Trump administration. They realize that it's not being well received, and are atte…
Correct me if I'm wrong, but weren't this country's founders worried about exactly this type of situation? And now we have a Trumpian "supreme" court that's aiding and abetting. Serious trouble here, folks.
