Might this be the link @Linkster?
whats-next-for-investors-in-the-bond-market

FYI: Recent market volatility suggests that investors are questioning whether the post-crisis subpar pace of economic growth, which we dubbed The New Normal, is subsiding, to be replaced by more traditional late-cycle outcomes – in particular faster inflation and tighter monetary policy.
Regards,
Ted
https://www.barrons.com/articles/sponsored/whats-next-for-investors-in-the-bond-market-1519934766?mod=rss_barrons_technology&tesla=y

The above recap posted by Ted is for 02/25/2018 but is dated 02/25/2017. There is something amiss at the sight as this weeks market recap is dated 03/02/2017; but, I believe should be the one for 3/2/2018.
https://www.stocktrader.com/2018/03/05/weekly-market-recap-mar-2-2017/

FYI: Very tricky action in the market this week. Monday’s rally looked really bullish – we stated at the end of the prior week we wanted to see how this small wedge in the S&P 500 and NASDAQ charts resolved. It looked like a breakout to the upside Monday. However, a nasty reversal Tuesday – with a close below the prior day’s low – was daunting. Then Wednesday and Thursday the action was poor. By the end of the week things were not looking anywhere near like they did on Monday at the close. All in all, it was another week of volatility not seen in almost all of the very unusual 2017. The volatility is still not subsiding – we had daily move of >1% four of five days this week; in 2017 you could go months without a single day of that sort of swing!
We also seem to be past the stage of the “Goldilocks” economy where any news is good news – new Fed Chairman testified Tuesday the economy is strong, and traders freaked out fearing rate hikes yada yada yada.
Regards,
Ted
https://www.stocktrader.com/2018/03/05/weekly-market-recap-mar-2-2017/

@MFO Members Here are some in depth details on Japan's stimulus program.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-03-04/boj-s-kuroda-joins-queue-of-central-banks-looking-toward-exit
Bloomberg:
https://www.bloomberg.com/news/articles/2018-03-05/boj-has-tools-when-needed-to-exit-in-stable-manner-amamiya-says

This house still a bit wary of equity markets, in general. I noted last year here about the BOJ purchasing etf's in their equity markets. I couldn't imagine at the time such a false market prop and for what good. Guess we'll discover the outcome at some point in the future. The BOJ announcement of itself may not be too critical on its own; but in light of many other vents in place or to be put in place, this could be one more heavy rock too much into the global equity boat and causing the hull to be a bit too close to the water line.
Part of the article:
Bank of Japan: On Thursday (3/8), the Bank of Japan will release a policy statement followed by a press conference. The Bank of Japan Governor Haruhiko Kuroda may announce an exit from monetary stimulus as early as 2019. If we see an announcement to dial back its huge stimulus program (ahem free money) we will likely see markets in Japan and around the world fall. The Bank of Japan bought assets that were equivalent to almost 1 years’ worth of Japan’s GDP. (Imagine the Fed instead of just buying MBS and Treasury’s bought $10 trillion USD worth of US stocks) Should that disappear, we are likely to also see a jump in bond yields and a strengthening of the Japanese Yen.
https://www.fxstreet.com/analysis/1-2-3-4-i-declare-a-trade-war-201803050213
Anyway, wake up in a pleasant mood.
Catch

Elevator Talk: Ali Motamed, Balter Invenomics (BIVIX):
"Boston Partners Long/Short Equity (BPLEX/BPLSX), Mr. Motamed’s previous charge, is by far the best long-short fund we’ve seen over the past decade."
Mr. Motamed was a manager of this fund only for two years, 07/22/2013 - 10/20/2015. During that time the performance of this fund was mediocre.

FYI: All politics may be local, but investors around the world still need to care about them.
There are high-stakes elections on the calendar this year beyond the midterm elections for the United States, including several across emerging markets, stretching from South America to Asia. Regardless of how the results pan out, emerging-market stock and bond funds may swing widely in the interim following their stellar and nearly uniformly upward ride in 2017.
Regards,
Ted
https://www.apnews.com/f0078058042d4e53a036385d10bb16ff

FYI: Corporate America is starting to take a stand on gun control, and now it’s time for more Boston money managers to say something, do something.
Many of our marquee investment firms own shares in gun companies, including Springfield’s American Outdoor Brands, which made the AR-15 assault rifle used in last month’s killing of 17 high school students and teachers in Parkland, Fla.
The list is long, the names illustrious: Fidelity Investments, State Street, Putnam Investments, John Hancock. Even the state pension fund, which invests $72 billion for government workers, holds gun stocks.
Regards,
Ted
https://www.bostonglobe.com/business/2018/03/01/time-for-fund-giants-step-gun-laws/Qrxlyv3ZERMfLdpalTbVXO/story.html

Hello,
This week Old_Skeet's market barometer finished the week with a reading of 151 putting the S&P 500 Index in the middle of fair value on the barometer's scale. In addition, I am finding that short interest has dropped from 1.4 days to cover to 1.1 days.
The three main data feeds that feed the barometer are a breadth feed, an earnings feed along with a technical score feed. Generally, a higher barometer reading indicates there is more investment value in the Index over a lower reading. Thus far this year the low weekly reading of 127 (extremely overbought) came on 1/26/2018 with an S&P 500 Index valuation of 2873 and the high weekly reading of 159 (undervalued) came two weeks latter on 2/9/18 with an Index valuation of 2620. The barometer's weekly reading moved about 20% from high to low while the Index's valuation moved about 9%. With this, there has been some good range movement in both the Index's valuation and also in the barometer's reading from extermely overbought to undervalued. This week the Index reads as fair value on the barometer's scale at 151.
Within Old_Skeet's 500 Index Compass there was a shake up in the lead pack this week with XLI (industrials) losing it's legs and XLK (technology) finding it's legs and moving into second place within the pack. XLF (financials) remains a pack hound with XLY (discretionary) still keeping the lead and has remained my spiff hound since early October. Indeed it has had a good run.
Within Old_Skeet's Global Compass there was also a shake up in the lead pack this week with VTI (domestic stocks) losing ground and AXJL (Asia ex Japan) moving into third place within the pack. GSP (commodities) holds second place while EEM (emerging markets) remains the lead hound and is also my spiff hound.
One of the questions I was recently asked is how do you know when to call off the hunt?
I'll call the hunt off when 1) I get tired of hunting and/or 2) the stock hounds lose momentum and can not out run the fixed income hound (AGG) or their bogey hound (SPY). Seems, both the bogey hound and the fixed income hound currently leads the income proxy hounds of XLU (utilities) ... XLRE (real estate) ... XLP (staples) ... XTL (telecom) along with XLE (energy).
Thanks for stopping by and reading.
Have a great week ... and, I wish all "Good Investing."

"The rounded end of the can is filled with an air bubble vacuum, which makes it easier to get the sauce out," he explained.
http://www.delish.com/food/a44521/cranberry-sauce-cans-upside-down/

Thanks @Chinfist...though a new fund, ARTTX ranks #1 in M* Large Blend category (3month & YTD). I'll keep an eye on this one. At $32 M AUM...it has some room to grow.

Also, David featured ARTTX in July 2017 (scroll down a ways to read his article):
https://mutualfundobserver.com/2017/07/launch-alert-artisan-thematic-fund-arttx/
Artisan Thematic Website:
thematic-team/thematic-fund-

Another fund that did well today was ARTTX. It did not go up as high as POAGX or OGIYX, but it did go up 1.85%. Not too shabby. As of January 31, 3 of its top 5 holdings are in the defense sector (Harris Corp, Northrop Grumman, and L3 Technologies) and the other 2 are Salesforce and CME Group. Unsure if this accounted for it's good return as according to Morningstar the turnover percent has been 170 %. The manager could have been opportunistic in other areas. I have been impressed with this young fund so far.

FYI: The stock market was spooked early Friday as steel and aluminum tariffs proposed by President Trump fueled more market uncertainty, but major stock indexes recovered nicely in afternoon trading, with tech stocks leading the way.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-03-01/asia-braces-for-stock-drop-as-trump-rattles-nerves-markets-wrap
Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-set-for-weekly-losses-on-trade-war-fears-idUSKCN1GE1MS
MarketWatch:
https://www.marketwatch.com/story/us-stocks-set-to-pick-up-on-selloff-as-trade-war-fears-rattle-investors-2018-03-02/print
IBD:
https://www.investors.com/market-trend/stock-market-today/nasdaq-up-1-1-and-dow-reverses-so-has-the-stock-market-put-in-a-bottom/
CNBC:
https://www.cnbc.com/2018/03/02/us-stock-futures-dow-data-earnings-fed-and-politics-on-the-agenda.html
AP:
http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
Bloomberg Evening Briefing:
https://www.bloomberg.com//news/articles/2018-03-02/your-evening-briefing
Bonds:
https://www.cnbc.com/2018/03/02/bonds-and-fixed-income-data-on-the-agenda-for-investors.html
Gold:
https://www.marketwatch.com/story/gold-snaps-3-session-skid-to-end-sharply-higher-amid-trade-war-talk-but-fails-to-avoid-weekly-loss-2018-03-02/print
Oil:
https://www.marketwatch.com/story/oil-maintains-gain-after-small-rise-in-us-rig-count-2018-03-02/print
WSJ: MarketS At A Glance:
http://markets.wsj.com/us
SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker
SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors
Current Futures: Mixed
https://finviz.com/futures.ashx
Quote

@Maurice This is in Warren's letter to BlackRock's Fink:

In your January 12, 2018 Annual Letter to CEOs, you explained that companies have a duty to positively contribute to society. In that letter, you called for a "new model of shareholder engagement - one that strengthens and deepens communication between shareholders and the companies that they own." You wrote that, "[ to] prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society." Now it's time to put your money where your mouth is.

Note the word "engagement." Warren is asking Fink to be true to his own words and those words in recent months from Fink's own mouth and pen have been about engagement, not divestment. Many articles have been written about Fink's recent letter that Warren is citing in which he promises to engage with companies, including this one:
https://nytimes.com/2018/01/15/business/dealbook/blackrock-laurence-fink-letter.html
BlackRock's policies about the importance of engagement are also clear:
https://blackrock.com/corporate/about-us/investment-stewardship
I'm fairly certain you yourself have commented on Fink's stance, and it's well known that as an index fund provider that has to track a benchmark it is far easier for BlackRock to engage than divest. Engagement has been its longstanding claim and now Warren wants the company to live up to that claim. There is no reading between the lines here.

Trump's current tweet:
"When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!"
5:50 AM - Mar 2, 2018
Good and easy to win? We really shouldn't elect someone who doesn't read.

@larryB,
My parents talked about the great depression and what made it worse.

In 1930, the Smoot-Hawley Tariff Act raised tariffs on 20,000 goods Americans bought from abroad. Imports fell significantly, but Canada and other countries retaliated and a trade war ensued, crushing exports and worsening the Great Depression.
It’s unlikely many remember the specifics. You’d have to be over 80 to remember Smoot-Hawley firsthand, and perhaps over 45 to have learned about it in school.

Imported Chinese steel is small comparing to other countries. So this is a red herring.
Other exports to China can be impacted negatively. Like it or not, import tariff cuts both ways.

http://www.bbc.com/news/business-42798941

Thursday evening.....yuck! 10:35pm bells and all is not well.
With the view of Asia having a face slap again for their March 2 trading; I don't imagine the early risers in Europe will be in a good mood. It appears our remaining U.S. equity will receive another boot in the arse, barring a late afternoon rally arising from the thinnest of air.
The overwhelming positive performers of 2017, being large growth, have finally given way to the large sell areas today; being the group with the largest losses.
Best to all. Pillow time here.
Catch

Wondering about the status of SPHD, which seems to be getting pummeled YTD (-6.5%) because of its holdings in Utilities, Real Estate and other interest-sensitive stocks. I have built up pretty large cap gains since I bought it a few years ago. It's definitely in the wrong sectors right now, especially compared to something similar like SCHD. Opinions about SPHD?

While some UITs are open-ended, "traditional" UITs are not part of the "open-ended fund world".
From the SEC: "A UIT typically will make a one-time 'public offering' of only a specific, fixed number of units (like closed-end funds)."
https://www.sec.gov/fast-answers/answersuithtm.html
The major exceptions are ETFs that are structured as UITs. Since ETFs do continuously offer to buy and sell shares (albeit just to authorized participants), they can be viewed as open end funds. (I'm using a generous definition of open-end here; technically only mutual funds are open end funds; see SEC Investment Company Fast Answers.)
It is precisely this exception that highlights the next error in the intro, viz. that UITs have only $85B in net assets. The original ETF, SPY, is a UIT. It alone has $275B in assets.