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.
From A.I.: The "top of the credit cycle" refers to the peak phase of the credit cycle, characterized by the most expansive credit conditions. During this phase, interest rates are typically low, lending requirements are relaxed, and the availability…
Guilty as charged but it's a struggle to break the habit of caring for family members at my own expense. To be fair they don't ask for anything but it is satisfying to assist them when I know they are struggling. I do try to find a balance as best a…
15 August, '25:
What WILL the FED do in September? Inflation remains hot. Some are calling the situation, "stagflation Light."
Where is the neutral rate, then? KELSEY BERRO: at the moment, rates are modestly restrictive, at 4,25-4,5%. KATHY JONES: …
I jumped through it. I appreciate his notion of "Investcom" stages akin to the military's "Defcon" stages, even though it's impossible to time it all just right. Trying to time a top or bottom, or a top or bottom in terms of investor sentiment, can'…
Allies need to get serious re: aid to Ukraine, need to give Zelenskyy enough to WIN, not just to survive, barely. That goes for the US and Europe and whoever else. Putin's got the manpower, but he's not afraid to waste it. "Cannon fodder." The Allie…
Always playing both ends off the middle here. We will celebrate surviving 25 years together in 2026. Married, even! A big deal expensive trip is in the offing. Stashing cash in MMkt to grow it and keep it away from the ravages of the Stock Market. O…
.....Well, well, well. My Junk has held up pretty well of late, even though it's supposed to be more tied to equity performance than Investment Grade paper. My stocks--- both in funds and single stocks, have been on a roller coaster from earlier thi…
It’s in the 90s here in Michigan. We wear enough to “cover the basics”. Some of the outdoor “views” are great right now. :)
Yes, bird watching makes the time go by pretty quickly. My favorite spot is Kailua Beach. Excellent, and not wall-to-wall pe…
Chicks dig me because I rarely have any shorts on, but when I do they're something unusual.
Sorry, could not help myself.
...I think we all owe a big round of applause to our newest and bestest buddy (and Big Toe,) Sgt. Hulka.
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Ukraine talks without Zelenskyy is a comical farce. The Orange Criminal Farce is pushing the EU to do more on their own. EU defence stocks are already running higher. You might chase that wave. If I had a mind to invest in defense stocks, I'd steer …
If the FED is worried at all about inflation, as shown in the PPI, there ought to be no rate cut at all, yet, until a downward TREND over several months is seen. But I've always been a minority of one.
I appreciate all that. I guess a good bit of it just does not apply, because (until there is a substantial change) we pay no federal income tax? Haven't, for years....
Hey, your Brownshirt has some of your lunch on it. Go find a Chinese laundry. Oops, there are no more Chinese laundries.
"Mr. Peabody's coal train has hauled it away."
I'd be willing to bet a good number of us HERE at MFO are indeed sitting on as much in the way of equities as we desire, at the moment. I'm not adding. That's ONE vote. I do reinvest dividends. In such a case, I'm using The House's money to gain a s…
Tariffs, yes. But as noted above, there will be legal delays, denials, deflections... All adding up to a lengthy slog through the courts, and then higher courts, before anything even approaches being rescinded. What we have already, without it being…
Wife owns a different share class through Schwab of the very first one on that list. Confirmation bias. Nice to see. Class F1 via Schwab is no-load. BALFX.
Smells like Mao's cultural revolution. With a side order of fascism. White WASPS are the Master Race, dontcha know? I got my bag full of rocks and a monkey wrench. Where are all of those Jewish shop windows, now? Let's get started! Eh? We're all goo…
Maybe Cheeto’s preparing for the midterms?
oh, they're doing it in countless ways and in many directions. Fast and furious, so no one can keep up with it. Conscience-less sleazebags.
Excerpt:
"...A political campaign fund cannot pay a candidate’s personal legal bills. But Trump found a loophole: a campaign fund can be converted into a political-action committee, and the looser restrictions on a PAC allow the use of donor funds t…
.... So, like he said: everything is just peachy, right? LOL.
Un-f***k-ing-believable:
https://www.cnbc.com/2025/08/12/trump-solomon-goldman-sachs-economist-tariffs.html
Unlimited shamelessness. ...Remember that news story exposing the fact that the address of some outfit selling his watches was nothing but a PO Box in Wyoming? I gotta go find that again, now. Orange oink oink.
https://gettrumpwatches.com/pages/con…
Hmmmm. This reads like a stream of consciousness James Joyce novel. Lots of wishy-washy remarks. Coulda woulda shoulda. Contrast it with one of the Buffett-Munger conversations or what D. Giroux has to say. Eh?
What I see happening, including this garbage, is causing me to be just utterly demoralized. I suppose it is all baked-in, all part of their plan. "Flood the zone." A blitzkrieg of assaults upon democracy, upon public institutions, upon the levers of…
I'll give it a listen this morning. Giroux is the Master. I have kept PRWCX at a hair over 40% of total, and added PRCFX at about 14% of total. Yes, surely there is overlap, but I wanted to take advantage of his knowledge and acumen while owning mor…
He is SO full of shit. Why aren't the whites of his eyes all brown? Such a CHILDISH bunch of pap. While he himself is totally self-absorbed and learned nothing in school.
Just see how much you can get away with. Because you possess a majority, barely. As I noted elsewhere, we are witnessing the limits of our system when those involved do not care about operating in good faith. The framers could never have anticipated…
self-coup, where the executive branch is usurping the judicial and legislative branches.
Next time you tell me something, make it news. ORK. Disgraceful. And the Repugnants have become mere spectators, on The Hill. Slash and burn. Just because they…
If I were you, I'd figure they don't deserve my money and then I'd move it all elsewhere. Nowhere--- no corporation, no company or business deserves my money anymore; but some situations are just plain egregious.
Growing Chinese-like control, politicizing agencies. They all become subordinate to the ruling Party. And the courts are even more and more captive. This is what I've been saying, in spades: the Repugnant Party is operating as a subversive, treasono…
Fear and intimidation are strong tools, but usually reserved for dictatorships.
The US Govt is now our (own) biggest bully. A litigious president that sues everybody in sight, plus has both the Supreme Court and the DOJ at his disposal.
Tariffs…
bah, come on --- professional perennial econ crapologist SMoore is on the case:
https://paulkrugman.substack.com/p/the-political-economy-of-incompetence
Tangential: FEIST (in the now customary ending-video which serves as punctuation) is Canadian.
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