Relatedly --
Peter Navarro is delusional .... on CNBC: says this morning's horrible economic numbers are actually good news because if you remove the effect of tariffs "you have 3 percent growth. So we really like where we're at now."
That's the same BS economists use to spin data when drawing distinctions between 'CPI' and 'core CPI' which excludes food/fuel -- 2 major day-to-day expenses in a person's life.

While I think he's getting it wrong, what he is doing is different from stripping out food/fuel from CPI.
Thumbnail version:
GDP =
C (personal consumer expenditures) + I (gross private investment) + G (government purchases) +
NX (net exports)
If private companies increase inventory, that adds to "I", regardless of who produces the inventory items. So we have to subtract out those items that were imported to get to what was produced domestically. (This is done with the NX term.) Subtracting out a quantity that doesn't comprise GDP is different from subtracting out fuel/food which is part of CPI.
---
Navarro is looking at the 21.9% increase in gross private domestic investment. The "domestic" part just means that purchases are by companies in the US; it doesn't mean that the purchases are only of domestic products.
https://www.bea.gov/help/glossary/gross-private-domestic-investment
Companies were buying tons of imports in the leadup to tariffs. That's why we have the 21.9% jump in private investment. I haven't identified where his net (of import) 3% figure comes from. I have guesses, but macro isn't my strong suit and it's not worth my spending more time wading through the numbers.

where can i get some of that technical analysis ensuring that 100-150 age for my drawdown?
enquiring actuarials await.

Don't you mean actuaries? (sic)
I guess I follow the rule that if I'm gonna try to poke fun at somebody, I ensure that I at least use, you know, proper English. (Last time I checked actuarial was still an adjective.) Otherwise I kind of look a little silly.
So I'm gonna go ahead and pass on a response here.

Here's a sample. FREE via my Schwab account. Just log-in and choose "Research." I do look at this stuff, along with several other sources, before making a decision. It's as useful as a bunch of numbers squeezed together can be. Maybe you can make better use of everything they're wanting to show you.
blob:https://client.schwab.com/a8707817-3c34-436a-9c98-ca6cd108c5bf

Stillers,
u just said 'What investment analysis method(s) do you use and how's that all working out for you?"!!
before "I'm not sure what most of the rest of your post has to do with the discussion"!!
nevermind, we are in some ways, in closer galaxies.
where can i get some of that technical analysis ensuring that 100-150 age for my drawdown?
enquiring actuarials await.

Maybe some of us need to start with the basics and the myths...
https://www.investopedia.com/articles/active-trading/062215/debunking-8-myths-about-technical-analysis.asp
Excerpt:
Ultimately, it is up to each trader to explore technical analysis and determine if it is right for them. It doesn't guarantee instant profits or 100% accuracy, but for those who diligently practice the concepts, it does provide a realistic possibility of trading success.

"condescension unnecessary."
Yeah, well, you did call T/A "the dismal astrology of technical analysis." I routinely support T/A so I take your comment as condescending. Perception is reality as they say.
I'm not sure what most of the rest of your post has to do with the discussion, but here's my FWIW story that may show we ain't in galaxies very far away from each other.
I hail from near dirt poor, that is, we did have real floors.
I was a bean counter for 35+ years doing major audit work in federal programs.
Been investing since 1980.Early on, our strategy was paint-by-numbers, driven by my investing mentor's guidance; investing exclusively in Magellan and then Low-Priced Stock when it was born, set the stage for a likely early retirement.
We retired financially independent at age 56.
In recent years our investment strategy has been driven by T/A.
Our market exposure is ~40% Passive/~60% Active, and primarily OEFs.
Our radar has been squarely on taxes since starting employment. We have not paid a dime in FIT/SIT since retiring in 2012 and plan to not pay a dime until RMDs in 2029.
There are three stages to investing: Accumulation, Maintenance and Disbursement. We are still in the Accumulation phase at age 69 and don't project to to even sniff the Maintenance phase until age 90. Our liquid net worth is expected to increase through the end of our projections at age 100. So drawdowns are nothing we concern ourselves with.
I have a coupla advanced, graduate level certifications in accounting and auditing.
Also...
We've been to a Super Bowl that our team came back to win in the last minute and a World Series that our team won in the bottom of the ninth of Game 7 against arguably the greatest reliever of all-time.
Unfortunately, we've never stayed at a Holiday Inn Express but hope to one day.

stillers,
we are probably in different galaxies, so will keep it 'what works' short.
am in yr 6 of FIRE (financially independent, retire early) and well past wealth accumulation mode.
my target was avg -3%/yr net worth drawdown, and have beat that by +5%.
my priority is risk , my tool is asset allocation, and my radar is on taxes.
i shifted from ~75% equity pre-retirement to ~25%, with the largest shift away from equity (40%->25%) after the 2024 election. this also included a internal shift to more intnl.
have never held a mkt-cap index fund, and for the majority of my equity :
growth : i have long allocated to GARP managers, mostly giroux and primecap.
value : i mix active mostly via wellington, and systematic via avantis\dimensional.
i have aside ~10% discretionary where i experiment with niche funds and individual stocks.
it is primarily fundamental, but sometimes i have set order limits at yearly lows.
this bucket has huge dispersion but net has been a wash.
i would never buy stocks such as tesla nor djt (nor hundreds of others) no matter what technicals spout.
finally, i have a math minor and graduate-level STEM degree , read mandelbrot's view during the GFC, keep track of academic trend-following, and have passed on technical trading since then. condescension unnecessary.

Does FD1k use T/A or just magic?

You can read what I do on my page.
I use big picture analysis with only 2 possible outcomes. I get a signal to stay in/out at 99+%.
Then, the charts(simple T/A) + other indicators must verify it, and then I trade.
The main idea is not to lose more than 3% from any last top because I have plenty. I own mostly bond OEFs. The performance must be better than 50/50. Since retirement in 2018, I easily beat it.
I don't care to beat any index or anyone. I only care about my goals.
I always sell too early; when I'm wrong, if my indicators improve, I'm back within days.
When I'm right, I hardly lose and can be out from weeks to months (in 2022, I was out 9-10 months).
My conclusions
* T/A is an art, and you must practice it and create your own system.
* I only use it on the extreme, to verify going from buy to sell. That mechanic helps me a lot.
* Over many years, my T/A works pretty well with slow bond funds, not so much with stock funds because volatility creates uncertainty.

As a follow up to a comment above about Katie S's statement,

Katie Stockton has been managing TACK. I heard many of her opinions...meh.
See it's 3 year TOTAL performance...TACK just 15.1+%...even PIMIX beat it with 17.4%...QLEIX made 86.4%.
See the chart (https://schrts.co/QgpCSIrP).
I also checked the Fear & Greed Index over the years, and it's far from accurate.
Katie Stockton performance fund, TACK. No need to look further.

As usual, I'm staying on topic.

Stable-Value (SV) Rates, 5/1/25
TIAA Traditional Annuity (Accumulation) Rates
Rates up by +25 bps (1st increase since 12/2023)
Restricted RC 5.50%, RA 5.25%
Flexible RCP 4.75%, SRA 4.50%, IRA-101110+ 4.75%
TSP G Fund pending (previous 4.250%).
Options outside of workplace retirement plans include m-mkt funds, bank m-mkt accounts (FDIC insured), T-Bills, short-term brokered CDs.
#StableValue #401k #403b #TIAA #TSP
https://ybbpersonalfinance.proboards.com/post/1967/thread

As a follow up to a comment above about Katie S's statement, here's the quote. Correction, I posted she said this yesterday, she actually said it Monday:
"Our market internals are supportive of a bigger rebound," Stockton told clients in a note on Monday. "Sentiment has recovered meaningfully per the Fear & Greed Index, which is back above 25% after becoming deeply oversold earlier this month."
However, according to Stockton, a break above the S&P 500's 50-day moving average would likely be short-lived and ultimately give way to renewed weakness.
"Both the SPX and Nasdaq-100 Index have room to initial resistance at their 50-day MAs, respectively 5625 and 19680, breakouts above which would likely foster additional momentum before the rally fails," she said.

”comments aside -- despite my errors, the question I posed above moving OEFs to ETFs remains. Note Tweedy, First Eagle, Oakmark (others) doing the same .”

I’d enjoy a good thread / discussion comparing the benefits of OEFs / CEFs. I think it’s a lot more complicated than just the low fee & ease of trading paradigm usually cited by proponents of etfs.
I found Jared Dillian’s “No Worries - How to Lead a Stress Free Financial Life” to be an interesting read. The author strongly recommends OEFs over etfs. The main reason seems to be the “detachment” they offer from minute by minute changes in value which may induce knee-jerk and unprofitable trading.
I somewhat agree. I’ve gone with OEFs for my 4 core holdings (65-70% of portfolio) but also own one sleeve of CEFs / ETFs for the (opportunistic) trading they allow. My suspicion is that OEF investor bases will prove a bit more stable in any big prolonged sell-offs. All speculation of course … .

stillers

"This morning brought the harsh reality of bad economic news and futures are DOWN ~1%-2%. The projected trading range that I am actively trading, now on both the top and bottom of the range, appears to be taking form."

The SP500 closed up 0.15%.
Historical data are just that, they can't predict what's next because markets are different.

>> a large plurality voted him into office
huh ?

His vote count did not quite get him to a majority of the total votes cast. He came in just a hair under 50%.

Your 'hair' was 1.142M voters. The number needed plus one to reach majority. About the number of registered voters in Arkansas, say.

Thank you for the information. We have few small I-bond holding maturing in 2026. Unsure if we will continue to add more I-bonds due to the 5-years holding period. Working with Treasury Direct is not the easiest.

GDP news today was not a surprise due to the tariffs. Yet the trade advisor, Peter Navarro spun the math from a 0.3% loss to a 3.0% gain.
The odd of recession is over 50% and the full tariffs impact has yet all play out. Question is, what are you plan going forward?

You wonder why Musk called Navarro “dumber than a sack of brick”. You look at Navarro’s tariff equation and you have to ask does he know his basic math. I thought getting doctorate economics degrees from major universities requires basic algebra.
The odd of recession is over 50% and the full tariffs impact has yet all play out. Question is, what are you plan going forward?

They would need to reduce the expense ratio to be of interest. FOF which is similar has a base expense ratio of .95 plus expenses of the underlying funds. RNCIX is 1.58% base expense ratio. Common folks and be competitive.

@hank. No, I believe the note is trying to say the distributor is independent of the issuer.
Here is link to David's profile from 2015, looks like:
https://www.mutualfundobserver.com/2015/11/rivernorth-core-opportunity-rncoxrncix-november-2015/
And here is link to Dashboard of Profiled Funds.

US Savings I-Bonds Rate, 5/1/25 – 10/31/25
Total 3.98%% (vs previous 3.11%)
Fixed rate is 1.10%, the semiannual inflation is 1.43%.
https://www.treasurydirect.gov/savings-bonds/i-bonds/
Notes:
1. There is a 3-mo interest penalty for selling in yrs 1-5.
2. Interest accrues monthly on the 1st of the month but is added to the principal only at 6-mo intervals from the purchase date. So, simple interest applies from the month of purchase up to 6 months, & then is compounded (i.e. added to the principal) at 6-monthly intervals.
3. Buy late in the month, or sell early in the month, to get full month interest.