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.
One might almost wonder if there's more to this than meets the eye. Would it be possible that by removing advisory boards it might be easier to cook (even maybe overcook) the government books?
@habsui- I love it... I was thinking along the same lines. But maybe not yesterday- FD probably saw this coming back in 2024 and positioned himself accordingly. No last-minute moves for that guy!
Editing for civility.
Trump Not Amused- the BBC is reporting that- The White House reacted furiously on Wednesday after The Atlantic magazine published messages between national security officials in a Signal group chat in their entirety.
President Donald Trump called t…
@FD1000- Hey there - you think that any of this might impact your financial situation?
Edited for civility. OJ, good sir, please don't let your annoyance take over.
And here's some additional from The New York Times with respect to car parts:
President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move that could encourage U.S…
@Junkster- The problem there is that non MAGA Republicans are currently completely unrepresented in Congress. They're in even worse shape than we (nominal) Democrats.
@PopTart- We held a fair amount of Brk.b for some years, but got tired of no dividend, so the only potential gain was an increase in NAV. However for a younger person just playing the long-term market that may be perfectly OK.
@AndyJ- from what I've read DeJoy's hatchet job was evidently considered to be too wimpy, and he resigned about 30 minutes before he was fired by Trusk.
Re "stealing" threads: As you all know, for better or worse I do start a fair number of threads. I don't think of them as "my" threads- they're MFO community threads. And if they sometimes take off in unexpected directions, that's great- all of this…
"They are no better than the Communist."
Wow, never any "hate names" from @Hondo, right? Speaking of "Communists", how's Trump doing with his best buddy Putin?
Following are excerpts from a current report by The Associated Press:
Nothing that a little glue won't fix...
U.S. safety regulators on Thursday recalled virtually all Cybertrucks on the road, the eighth recall since deliveries to customers began j…
@rforno asked- "Are we heading toward some kind of inflection point and global realignment in the coming years?"
I've been telling my wife: history shows infrequent but sometimes seismic shifts in the general order of the world every so often. I th…
"How long will it take the people wearing badges, and the military to REFUSE to do the bidding..."
Don't count on that, I'm afraid. History suggests that those entities almost never rise to the occasion in situations like ours. The glorious leader …
Says BS1000-
"I'm so glad that this thread like many before had a "huge" influence on my portfolio.
The abvious he (sic) economy doesn't equal the markets and why you shouldn't invest based on it."
@FD1000, @Edmond: So lemme think on this... OK, I …
Well, even leaving the money in the Vanguard sweep account currently earns 3.65%. That's a lot better than Schwab's approach. One side benefit to Schwab is that I visit the account every day to see if anything needs to be transferred, and that's a g…
"The real question is what happens next."
Yes. If Trump blatantly challenges the courts I can't begin to imagine what consequences might flow from that. And, given the man's obvious contempt for any base of power other than his own, I'd bet that's …
