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.
Tariffs would have to go beyond 50% to cause any real large-scale manufacturing growth in the U.S.A. and the cost to our economy vis-a-vis inflation and prices would be staggering. All that will come from this is higher prices and slowing GDP.
Bing…
Like a lot of smart observers noted during the previous time all eyes were on every inflation report, one month by itself means nothing, and one year is almost entirely backward-looking. A good compromise is three months, averaged or annualized -- …
You don't suppose that Trump just raised the price of beef for everyone in the US, do you?
Maybe he's got a grievance against Micky D. or Wendy for not putting enough mayo on his last burger.
@Observant1: Hope he doesn't stick it to Colombia too.
The cherry on top: the U.S. has a trade surplus with Brazil. Apparently the balance of trade no longer has anything to do with the tariff madness. It's about his petty grievances now.
The S. Korea and Japan threats are total idiocy: the tariff beatings will continue ...
These tariffs are going to hurt South Korea and Japan, although they’ll hurt U.S. consumers even more. So why didn’t Korean and Japanese negotiators make big enou…
I think you realize that the return is net of the E.R. But I didn't anticipate getting into an argumentative chat when it was simply an idle question on my part. I am not defending Arnott, so you can cool it with responses that aren't news to anybod…
@AndyJ, there are much better alternatives to the Arnott’s funds. Not only they have very average performance, but they are expensive to own. Sadly, these is really nothing special about these funds. MFO Premium would point you to the right direct…
OJ does such a great job of responding but I can't imagine it's not wearing to do it. I can't stand to read the maggot crap anymore, much less respond to his repeated idiocy. So I dunno - maybe it is time to just ignore his horse manure.
Happy Four…
Thanks for the post, @Yogi.
So they're already planning to buy the 2028 election with that enormous bonus deduction for us geezers. Which then expires the next year; imagine that.
For states like where I live, where the state return is based on th…
Added Artisan's APDPX, unconstrained, to the port. Someone mentioned it a while back; thanks for the tip.
P.S. Anyone in Arnott's All Asset or AA-All Authority these days? Both are doing a decent job YTD. It's been a long time since I thought abou…
That Centene 40% loss yesterday hit AQR's QMNNX and QLENX (which I own and I think some others here do too). Acc'ding to Cramer on CNBC, Centene had to pull its 2025 guidance, as its 'managed care' business in the ACA marketplace is getting smacked …
This clip is especially noteworthy with the designated talking heads out in public with knives out for the CBO. The contention that the Damnable Ugly Bill won't raise the debt is total insanity; who could really believe that crap?
Because the Trump …
Just a note on the AK "Bridge to Nowhere": it would have gone somewhere: to Ketchikan's airport, which is on an island not far off the larger island where the town is. The town nestles into a small flat spot between saltwater and some steep, rugged …
This was Murkowski's moment when she destroyed any positive legacy she might leave. It reminds me so much of Sandra Day O'Conner's role in Bush v. Gore.
Reuters: 75% of IRA clean energy investments are in red states.
The absurdity of what they're doing: it's the only "build manufacturing in the U.S." program that is doing anything directly to do so. That objective apparently means nothing to the m…
Thanks for the history, @larryB. The most vicious nastiness we see where I live is toward Jewish people and Native Americans (more or less a tie, I'd guess). Just recently had another spate of ridiculously hateful and stupid printed garbage spread a…
@Crash: And Bernie is rocking as the voice of reforming Dems to be anti-oligarchy and pro-regular people. He refers to the pro-corporate, pro-oligarchy "centrists" as fossilized. (All the $ that section of the party spent on the NYC mayoral primary …
A discussion on Here and Now earlier today went to the more difficult route of getting a class certified for a class action suit on the matter, as a workaround. Otherwise, the decision (referred to as "preposterous" by a knowledgeable interviewee) s…
Bill was also a thoroughly decent human being, as well as brilliant in all the different capacities and roles he served in his life. I doubt we'll see his like again. It makes me sad to the core to know he's gone.
One of the comments on the Sanger piece from the NYT:
What a horrible take. The situation now is a direct result of Trump's shunning of diplomacy by exiting JCPOA in 2018, not some brave gamble out of necessity due to his predecessors' failure to a…
Word of the day. Extortion:
The practice of obtaining something, especially money, through force or threats.
Such a gracious bunch of folks in that D.C. town.
Extortion + The Art of the Grift is Dump's entire life model. Without it, he'd be luc…
@Old_Joe: I wonder if any of the betting sites are giving odds and taking bets on whether he survives four years, or devolves into drooling and raving incoherently* and is removed by his cabinet.
Yep, there's a good argument to be made he's already…
I went north to south partly because I was doing it later in the season, and partly to cross paths with thru hikers pretty close to finishing. I think where you are and what time of year it is sort of dictates how many thru hikers you'd cross paths …
@larryb: I did the WA section north to south years ago and the disconnect with the wider world was a huge gift. Next campsite, water, and what's for dinner took up most of the bandwidth. Glorious.
Years later, during the days of the "Coalition of t…
Good link, @Mark. The Rick Steves Iran program is so good; every once in a while, it comes up on the PBS Create channel, so at least the PBS audience has a chance to see it.
Rick should be the official global ambassador for the decent streak in th…
Ukraine scores big time. And they were smart enough not to tip off the Dump administration beforehand. Wonder what idiocies are being spouted on Lies Social.
A lot depends on how the Senate Parliamentarian comes down on compliance with the reconciliation rules. The S.P. has been in the job since 2012, appointed by Harry Reid. The MAGAs could try to fire her and put in an Aileen Cannon clone.
It's amazing how quickly (in geological time) the environment started to recover.
Isn't that the truth! I went there five years after the eruption, and there were already small fir trees poking out of the ash on the north side of the mountain. The…
@AndyJ- I had no idea that TNR was still alive... we subscribed for many years.
Yep, @Old_Joe, they're still alive and kicking, and with loads of no-BS, no-sugarcoating language in their reporting on this godawful administration.
