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Love hearing that call; Vin Scully had the gift of baseball gab for sure. I remember the news about the game (was totally into baseball in those days) but not this part of it, from Wiki:
"The game was also notable for the high quality of the perfor…
Beautiful. Written by another music legend, Gordon Lightfoot, and recorded by several besides ol' Gord, but it's like he wrote it for PP&M. Gord was still musically active as of a couple of years ago.
@BenWP: I hope they've got something on the maverick. She's a pharma bribe recipient, isn't she? Can't imagine she'd go for M'care negotiating down drug prices, given that the pharma industry is running ads against that provision.
Hey @catch22, there are quite a few options, but I stick mainly with steady high-ish volume etf's, secondarily a more equal mix of u.s.-foreign than many of them, third priority a little less volatility than average. ICLN works pretty well in those …
And he's ba-aa-aa-ack! Have to wonder how much new-ish election odds influenced his "change of heart," i.e., he thinks he needs to act more like a Democrat now. (538 gives D's a slight edge in the Senate, and a new Morning Consult poll has D's up 11…
That was great! Nice surprise. Loved watching that race.
There were so many great ones. The NBC clips are on YouTube, no commercials.
Another superlative: The U.S. men swept the medals in the 100m and 200m, first time a single nation has done that…
Ah, PP&M. When I was a wee lad, the first songs I ever learned to sing were theirs and the Kingston Trio's, from my older sister's albums. I doubt I'm alone there ...
Last two weeks: Been taking profits in managed futures, down to ~ 1/3 of the peak allocation. Bought starter or added to ICLN, TAN, MUB, EWT.
Hmm, Crash, Qatar. Maybe some attention & action from the upcoming World Cup (soccer-futbol, Nov.-Dec…
+1. I was just about to post Dr. Stokes's piece in Crash's SCOTUS-EPA thread. Manchin's doubletalk pretty much convinces me he's had a clear agenda all along ... run out the clock on an FY 22 reconcilation bill with anything about climate in it.
I am considering buying T-bills. I never did it, so maybe I am confused by something, but I see that 52 week T-bills yield almost exactly 3%.
You got it, T bills are still gaining yield. I figure 3.05% based on the "price for $100" figure for the …
Horrocks is still there, and he'll be making one of his regular appearances on Wealthtrack next week. Consuelo doesn't normally ask challenging questions, but maybe she'll make an exception in this case.
Right about Montpelier; the state capital with the fewest number of inhabitants, a sweet town. That splurge was many years ago, when I had a metabolism like a volcano.
Re/ democracies in the Americas: The Economist's 2022 Democracy Index (widely quoted and highly regarded) rates only four countries in the Americas as "full democracies." In order of ranking, they are Canada, Uruguay, Chile, and Costa Rica. The U.S.…
Thanks, Crash; I appreciate that you get how dangerous the GHG situation is. It's a bit weird how so many in our age cohort either deny it or don't care, when you'd think the people who've been around long enough to watch it unfold for decades would…
If Manchin is for it, then it's clearly anemic and useless....
He wasn't for it, but I heard him say (on CBS Face the Nation) that his bottom line was not attacking fossil fuels directly, and it was reported he wouldn't oppose the renewables $ in th…
So they've frozen the EPA out of the clean-power-plan-like game. A David Wallace Wells op-ed (by NYT subscription, not in the paper, at least yet) cites a calculation that we're at a whole 9% of the Biden administration's GHG reduction goal.
So wh…
Great interview w/ D.R. ... such a data hound. I was just asking myself this week why I'm not buying at least a modest stake in 2y T's. For a balance of yield and early-ish maturity, they look like a pretty good deal now, but maybe a little better a…
The recent action in Treasury yields is down, counter to the year's trend. Meanwhile, HY effective yield is approaching 9%, about a 6% spread over 10y Ts at the moment.
Looks like sentiment may be shifting for real to serious recession risk rather …
Yes, this situation has been discussed in detail in the "M* screwing everything up again" thread. There's likely no fix for this situation.
Thanks, OJ. Guess I stopped reading that thread a little too soon.
I can also confirm that old M* Chart pages are gone now - they generate message, "The report is no longer supported". It was good while it lasted (for 2-3 years).
Same with the other old pages that I'd continued to use - Performance and Ratings &…
When you're on a Pimco fund page, scroll down a few clicks until you come to a prominent blue bar. Click "Documents" at the far right of that bar, or just scroll away to near the bottom of the page, and there's what you're looking for (fact sheet, …
@Sven, I haven't done anything like an exhaustive search of CD-land, but from what I have seen, similar duration Treasuries tend to have slightly higher yields. But there's no guarantee if you sign up for an auction you'll get what you expect. On ba…
@JD Last auction reported was 1.7% for 13wk and 2.2 for 26wk, and I'd think in the auction Monday, those would pop at least to the range you mentioned.
I may go pretty small on this auction and save some $ for the next ones, probably with higher y…
@JD, I'd forgotten FZDXX existed until you posted about it earlier. I have a pretty good pile of it now and really like those upticks in yield.
Also plan to add more short duration Treasuries (through Treasury Direct) during next week's auction of …
I hope they don't notice that the really old legacy pages (performance, ratings & risk, etc.) are still updating and decide they need to delete all that.
@Fred, I'm impressed enough with PGAGX that I bought a first block of shares this week. I'd bet a main reason for relatively low volatility is the fact that it doesn't include commodities.
You must have seen the fact sheet that lays out the invest…
My experience is that managed futures and similar strategies work until they don't, but they tend to work when nothing else does. IMHO, holding long term is not a great idea unless they're a very small piece of the portfolio.
Buying right now, afte…
+0.14% ytd, in other words, flat. Big losses in January; caught back up to zero after revamping the port primarily to managed futures and cash. Right now 25% alt and allocation, mainly managed futures; 20% hold-to-maturity debt; and 55% cash.
I like the portfolio reporting. They clearly show what they're long and short, and what their investment universe is. And right now, you can see how much they adjusted in one month between the end of March (the fact sheet as of date) and the end of …
