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.
I'd like to think that Scotty is forced, quite simply, to deliver the Party Line. If not, and I find out about it, my head will turn from mush to just plain ketchup.
A half-mile too late?
In the T-IRA: selling ALL junk bonds. TUHYX, the biggest slug, will go into Schwab's SWVXX Money Market. Still shows a yield back up to 4.17% on Sunday afternoon.
Also, selling PRCPX and switching into Weitz core-plus WCPNX. …
Scott Bessent, the Treasury secretary, said on Sunday on the NBC program “Meet The Press” that he saw “no reason” to expect a recession.
Delivering the Party Line.
"...A top Goldman Sachs executive summed up the frustration with Mr. Trump succinctly: Someone has to stop him..."
This, from GOLDMAN, who screwed customers up and down and sideways and inside-out, under uncle Lloyd. Dunno if that's still the case.…
LOL.
As ever: mischaracterized, misrepresented, obfuscated, twisted, and conveniently forgets the circumstances, plus the fact that The Orange Lard-Bomb imposed worldwide tariffs. Even on the penguins of Heard and MacDonald Islands.
The nationwide and global protests on Saturday, 05 April '25 have been estimated and reported by Alt National Park Service was 2.5 million people.
In Hilo on the Big Island, there were over 1,000 people who turned out. I couldn't say how many there…
@Derf. One can hope! Did you see Dylan movie “a complete unknown” ? A must.
Loved it. But it showed a side of Dylan which nobody admires, expressed by Joan's character in the film: "Y'know, Bob, you're kind of an asshole."
“I’m thinking Thursday’s selloff was based more or less on fundamentals, while Friday’s selling was mostly sheer panic.”
This makes sense to me and I’m hoping cooler heads prevail on Monday. If not, I’ve still got some more dry powder available.
M…
We can dutifully observe and mark statistical ups and downs. But to do so in isolation seems like tunnel-vision to me. There have always been political differences. Most folks label them according to the two major Parties and their differing outlook…
I'd been a Wobbly, but gave it up due to internal screw-ups and a klunky website. The ones involved are trying to do way too much. They really need more volunteers or employees to run that outfit. And the Union is SO overly-democratic, they can't ge…
A regrettably accurate picture of too many US voters is included here, too. How many years have we all been decrying the dumbing-down of the American public? Reduced standards in schools? The "Snowflake Society." Too many have the intellectual capa…
When I originally bought my Junk at precisely the wrong time, I rode out the horror and then back upward, all the while reinvesting monthly dividends. I'm now wondering if I should stick it out AGAIN, or move $$$ into higher quality paper. I own WCP…
"Yuge." I recall an SNL episode with both Bernie Sanders and Larry David. Just for (further) laughs, L. David prompted Bernie to REPEAT his version of pronouncing "Yuge." I needed a giggle amid the financial carnage today. How much further will it t…
This is mine, originally posted in a different Off Topic thread:
I've become convinced (as with Max von Sydow in "Snow Falling On Cedars") that it takes a personal crisis or tragedy for the leopard to change his spots. A deep-seated outlook governin…
"...data show that rains are intensifying at one of the fastest rates in the Ohio Valley."
I lived and worked in the Ohio Valley. Imagine if the Mason-Dixon Line extended to the River. I was just South of there, at the bottom of WV's Northern Panha…
+1.
His patron-uncle, Vladimir, is smiling through it all.
(A total non sequitur here, but: there is always open enrollment in the fraternity I belong to: "Mutants For Nukes." Our logo is the Happy Face with one ear.) We ARE in the Off-topic Room…
As ever, delusional. Some outfits and some countries will kowtow to the Orange Organism. (Stellantis. Ukraine. Mexico.) But others, like the EU bloc, will not sit still for all the feces being blown at them. At some point, will the majority in the U…
All part of the coup.
Will this country recover, ever? Assuming the Orange Creature allows free and fair elections? Joe Stalin: "It doesn't matter who votes. It matters who counts the votes."
https://en.wikipedia.org/wiki/Heard_Island_and_McDonald_Islands
"...The islands, which are uninhabited, can be reached only by sea, and typically require a two week sail from Australia to visit..."
Sonders in smart. And still gorgeous. Thanks for sharing her thoughts. I'm down to 35 US stocks, 8 foreign. Bonds =48. Watching my Junk closely... Seems to me PRCFX offered an extra dividend in March?
The British didn't understand what Brexit meant for their economy. But they wanted it, they voted for it, and they've gotten it. Now it's the Americans' turn
Shall I re-quote Churchill again?