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.
No So Fun Fentanyl Facts:
https://www.forbes.com/sites/andyjsemotiuk/2025/01/31/tariff-on-canada-not-justified-by-us-immigration-and-drug-claims/
Excerpt: (BOLD added):
In Fiscal Year 2024, USCBP seized 21,148 pounds of fentanyl at the southwest …
“Our peaceful trading partners are not our enemies. they are our allies. We should beware of the demagogues who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while c…
The ignorant orange idiot just said that tariffs against the EU are coming 'soon' .....
He really does want to blow up the world, doesn't he?
EU tariffs would be the cherry on top this next week. Final nail in the coffin. Market disruption c…
what does *that* tell you about the so-called 'free markets' here?
It is not a free market just as you see the big tech leaders at the inauguration. They all want the corporate tax cut just like previously. Now many of them are removing DEI from …
This is the first round of tariff with China, Canada and Mexico. Both Canada and Mexico retaliated the same 25% tariffs, especially liquor from Red States. China is taking their case to WTO. There is more to come as he also threatens EU and England.…
Just wondering if you meant NY Crude rather than NY Cruse or something altogether different.
Crude, of course. At least I wasn't the person who typed 'Tittok' on Fox News TV chyron the other day!!!
Got my popcorn ready. Much more (designed) chaos to come!
Totally unrelated to tariffs, but some folks are amazed to realize that they are suddenly paying more for their monthly prescriptions. Let's remind them to thank Uncle Dump! They ain't s…
"At what point is Trump considered to be a national security threat?"
It has been abundantly clear that Trump is a national security threat
since his inept and criminal mishandling of classified documents.
And yet the Teflon-Don got away scot-free …
@BaluBalu -- I agree. Farro is great (as are his co-hosts) and Kelly Evans has evolved quite nicely since starting off at WSJ digital many years ago, when her quick daily recaps would air just before Cramer.
I'm waiting for FOTUS to use America's need for Ozempic/Wegovy as a cudgel to threaten Denmark over Greenland. IE, I'm going to tariff these pharmaceuticals 500% until you give us Greenland! Will Denmark care about the wailing of patients in Amer…
Rick,
When not in a recession or SPX not in a bear market, the largest single day decline for NVDA stock was 35% which in August 2004. There were two other worse declines in similar circumstances than the decline on Monday (16.4%), which happens …
Giving Elon Musk*'s team free reign into federal computer systems/data is about as helpful as letting Gaius Baltar's associates roam freely through the Colonial Defense Mainframe**.
* cosplaying technologist business super-jenius
** watch the Batt…
I think Monday is going to be a mess... Down a LOT. It's not just tariffs, he's dismantling the government. Down so much it might actually get his attention... we shall see.
If so, you can bet he'll blame Biden or Congressional Democrats, or DEI, or…
@Balu I sold off my Canadian pipelines that cross into the US but would happily buy them back again at some point. I kept my railroads, b/c I have huge gains on them and don't need the tax hit.
Otherwise not adjusting my portfolio in any way.
FOTUS was hell-bent to get 'a better deal' for America in his first terme by renegotiating NAFTA. At least then there was industry consultation and a traditional diplomatic/commercial negotiation process. So now he's blowing up HIS deal that HE 'ne…
He is a disgusting excuse for a human being. This was beyond the pale given the circumstances, even by his gutter-press standards.
For a TV 'entertainer' he has no idea how to read the room.....
C'mmon you guys...
"TDS is an acronym for Trump Derangement Syndrome, a term applied to people who express deep loathing and fear of President Donald Trump. It's usually used by Trump supporters for liberals."
I think it's perfectly applicable to d…
... and now he's planning to build a 30,000-bed c̶o̶n̶c̶e̶n̶t̶r̶a̶t̶i̶o̶n̶ ̶c̶a̶m̶p̶ facility in Guantanamo for illegal immigrants. Must be nice to have property away from easy 24x7 media access/coverage, isn't it? Out of sight, out of mind, away…
There is some opaque talk about the freeze not being rescinded, but rather the memo about the freeze is rescinded. I have no idea what that means. I am not sure the White House staff knows either.
Yeah the idiot WH press spox said the 'order' was r…
They just 'temporarily' suspended ALL federal grants and spending on current grant awards. Researchers from all fields are going absolutely batsh--t tonight. (I personally have nearly $5M waiting to be funded.)
"The memo states its orders should …
I can see crypto being the next liar loans, sub-sub prime type debacle and leading to the next crisis down the road. Add: When NFT's come back run for the hills.
It already is. Look into Gemini Earn and the impact of its counterparty risk, which wa…
I can't wait to see what other brilliant maneuvers are carried out
by Trump, an undeniable strategic mastermind.
His sensible actions will surely make our country great once again!
He's paving the way for a future Dem president to repair the GQP-ca…
They just 'temporarily' suspended ALL federal grants and spending on current grant awards. Researchers from all fields are going absolutely batsh--t tonight. (I personally have nearly $5M waiting to be funded.)
"The memo states its orders should …
Giroux marches to his own drummer which is why I like him -- he tends to stay away from meme/mometum stocks in large quantities. NVDA is like a 2.5% holding, so no big deal compared to a fund that's 10 or more percent in it (and other 'popular' sto…
@rforno,
not seeing how getting of Fb and x is much of a resistance action
diversifying your sources of information/interaction away from echo chambers (including TV) is always a good thing, and in this environment, stands in opposition to the po…
Bought ArchRock starter position with it down 10% today on DeepSeek news. The day I wanted to get into it, it started shooting toward 30, so this was a 'sale' to me.
It's the best natgas compressor company out there imo ... and they'll still be ne…
We may have learned that GRID is more susceptible to bad tech news than I had thought. Low of today of around -6%, much more than other tech-sensitive ETFs I follow or own.
Utes are caught up in the pin-action PANIC over DeepSeek. We're still going…
How long before FOTUS or his cult influencers start crowing about how he "lowered the price of coffee" through his "strong" actions?
@BenWP -- I read you. Thankfully I only drink decaf beans now, so my 'withdrawl' would be significantly less than …
Closed the call portion of my WMB collar a month early for 90% gain after today's drop in energy stocks....the put is doing its job nicely. (The collar was put on for a credit, which is even nicer!)
FOTUS* launched and then stopped a trade war between the 3rd and 10th holes on his golf course yesterday. Because after 5 days, baby needed some 'me' time and stirring up pointless global drama is his favorite oligarchic pasttime.
* Felon Of The …
@rforno, tried Bluesky?
Not yet, though I might need to set an account up as part of an institute relaunch at work.
I've not looked into it closely for personal use, but from what I know, it seems like 'old Twitter' -- but I wonder for how long? It…
One of the best resistance actions these days is to avoid using corporate-controlled (and now increasingly censored) social media like Facebook, Twitter, Instagram. Sure, it can be painful and/or annoying, but at least you are in control of what y…
