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.
Going down...
Non-Callable FDIC: 3 year now at 4.85 presently available at Schwab. Offerings slightly down from 4.95, but I'm thinking that we may have reached the peak for medium-term instruments. Will continue to watch this.
For sure. Capitalism at it's finest. But the sad fact is that even the US government can't do a decent job in health care- the VA "system" is, in it's own way, just as bad. Except, of course, for the President.
That would be one hell of an "inventory". How to keep track of every item owned by each and every one of the six armed services (Army, Navy, Air Force, Marines, Coast Guard, and Space Cadets)? Down to every last rifle and bullet?
Come on.
For sure. I'm definitely getting the feeling that if you want to buy CDs (and of course, other bond-like instruments) with a decent rate (close to 5%) you're not going to find much going out more than a couple of years, and I shouldn't be surprised …
@Catch22- Yeah, I was looking to see how ASML was doing today, noticed the bounce, and said something like "what the hell?" to myself. Getting very close to break-even on that. :)
And more: Unedited excerpts from The Guardian:
The Federal Reserve chair, Jerome Powell, indicated the central bank is preparing to slow the pace of interest rate rises as it tackles a 40-year high in inflation. But Powell warned there “was more gro…
Following are unedited excerpts from a current report in The Wall Street Journal:
Updated Nov. 30, 2022 1:37 pm ET
WASHINGTON—Federal Reserve Chair Jerome Powell indicated the central bank is on track to raise interest rates by a half percentage p…
From today's "The World in Brief", published by The Economist:
Bitfront, an American crypto exchange, said it would cease operations, though it claimed that the move was unrelated to the collapse of FTX, the platform that went bankrupt earlier this …
Twitter will no longer enforce COVID misinformation policy
A complete and unedited section of a current report in the San Francisco Chronicle
In the latest change under Elon Musk’s ownership, Twitter will no longer enforce a longstanding policy to …
@Anna- don't mention earwigs- I've been petrified by those things since I was a kid.
Almost unbelievable but true: Some years ago I had mowed about half of the large backyard up at our weekend place, ran out of energy, and left the rest until the n…
"Human is not a viable species."
@Anna- You must be listening in to our dinner table conversations. And we don't even have Alexa or Siri. You must be CIA or NSA. Stop that! :)
China is well and truly screwed with respect to Covid. If Xi backs down he loses face, and there will be a lot more deaths in older people who have not been inoculated. If he stays firm, this episode will likely be only the first of protests- about …
And in current "crypto" news:
Crypto lender BlockFi files for bankruptcy after FTX collapse-
Chapter 11 bankruptcy filing as fall of FTX continues to reverberate across industry
Following are excerpts from a current report in The Guardian:
The cry…
The inclusion of privacy and security issues in this thread warrants notice of this:
Meta fined €265m over data protection breach that hit more than 500m users-
Facebook, Instagram and WhatsApp have been fined nearly €1bn by EU since September 2021…
The Seven Year War precipitated a change in the world balance of power that eventually paved the way for the United States to emerge. It was a hell of a lot more than the "French and Indian War".
By no means "boneheads". Bought and paid-for, though, along with Kavanaugh and Gorsuch. Roberts? Not so much... he does sometimes try to moderate the right-wing fanatics, but hasn't had much luck with that.
"the USA is also the land of the corporation being a person with same rights"
I dunno... those "corporation persons" seem to have a lot of better rights than the rest of us.
@Ben- To be honest, I had never heard of Mr. Lanier prior to reading this article. I was fascinated to find someone of his stature validating conversations that my wife and I have had for a long time now regarding the dangerous and increasingly dyst…
I think it's fair to say that like so much else in life, much of "Tech" is coming to be recognized as "fad". There's surely been uncounted fads in my lifetime, some of very short duration, others of a much longer cycle. Stuff comes, and goes. Hot, t…
Maybe the real answer is to cut out all of the middlemen, just go with the flow and send all of our income information directly to Zuckerberg and let him do the prep work and forward it to the IRS.
I was just thinking the same thing. But I have no clue as to what particular software our tax preparer uses, and I really doubt that he would be aware if his software was clandestinely reporting to Mark Zuckerberg.
Got me with "not exercising". Have modified my regimen as far as eating & drinking, though. Doing pretty good at 83, thanks to very good primary care docs. I thank you all.
