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Words continue to fail me this year ....
We can't trust anything the US government says, does, writes, or releases these days.
Dictator-like tendencies, indeed.
Excellent post this a.m. from Krugman about the attempted tariff extortion on Brazil to save his authoritarian pal Bolsonaro from trial, conviction, and prison.
Short version: It's delusions of grandeur to an absurd level: Dump doesn't have "the j…
Rforno,
NVO down another 6%, now at 4 year low. UNH is in similar freefall, though it may be a safer choice?
Not my cuppa joe, sorry. At least NOV has IP and various research/manufacturing infrastructure that's valuable. UNH has .... bureaucrats…
Could someone advise if there is any connection at all between BILT (the ETF) and BILTX (a Doubleline Infrastructure Income Mutual Fund) ? Thanks-
On quick glance @ M*, BILTX holds bonds and other FI from infrastructure players. BILT holds equitie…
Per BBG, the full list of tarriffs (er, sorry, "insane tax increase on Americans") going into effect at midnight ... including 39% on stuff from Switzerland...
https://archive.ph/I5PQJ
I grew up watching W$W, my parents watched it every Friday night on PBS. The grey haired Louis Rukeyser still looks like George Washington. :)
HAHAAHAHAHA!! I thought *I* was the only one who thought that back then!!! (I watched it w/my parents, t…
BILT started trading today. I bought a 1/4 position.
Thanks for the tip. Its holdings are quite solid, though I wish there were some more concentrated positions and fewer airports. As to the former point, I'd probably still lean toward GLFOX.
Ot…
NVO should have hired a friend of Dr Oz or Sen. Rick Scott for CEO position. Their actual pick for CEO is a terrible choice for USA market where friends are more important than anything else.
Agreed. As I said, I'm looking primarily at their ex-U…
Just more financials wanting in on the easy skim?
Yep. They want to make the proverbial 'dumb money' feel like 'sophisticated investors' with these new offerings....
Bought a few hundred NVO on this morning's 20% drop on their CEO switch and revised forecasting ... been a constant on my watchlist for years even before GLP1s came around. I think this is an overreaction and that the company is smart enough to sor…
Let's just add even more to the national debt, because why not?
It's amazing how many GQP congresscritters will vote with the herd on 'big' things and then afterward do a complete 180 by introducing bills that would reverse their other votes, knowi…
I posted this in the other thread, a short read and worth considering. Basically all smoke and no fire.
https://fortune.com/2025/07/29/markets-europe-pulled-wool-over-trump-eyes/
Makes sense to me.....
From LizAnn Sonder’s interview, she expects the tariff will lower the earning growth, slows the economy, and the higher import prices get pass onto the consumers. The declining USD against other major currencies may be another factor.
youtube.com…
Remember everyone that Trump is responsible for the sun rising, but if his tariffs result in diminished GDP or higher prices, we need to blame someone else. Are we all on board right now?
It's all Biden's fault! By the way, the recent weather chaos…
Yeah, my EU stocks were down a (tiny) bit today. But I still think the US equities will face a reckoning sooner rather than later ... and that the USD will become more and more shunned around the world because of A) our insane national debt, and B)…
Nations can 'agree to do/buy/invest $X' all they want to appease Emperor Hirocheeto, but that doesn't mean they'll actually ever do it. Look at the alleged "5 trillion" or whatever he claimed would be invested in the Middle East for AI. It was mos…
This is starting to look more and more desperate before they can even entice the rest of us sheep.
Crypto looks better organized.
YMMV.
Baaah.
For a minute there I was confused between if you were 'sheeping' or doing an imitation of Stephen Fry's…
Interesting, since TRP still shows it closed.
https://www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/capital-appreciation-fund.html
Nice to have an agreement, but the American car makers are freaking out b/c other tariffs on raw materials and parts will force them to incur higher costs than their Japanese counterparts. That's probably why Toyota popped last evening.
I think it's great if brokers offer BTC or ETH or another 'major' coin as a legitimate investment offering .... bit let the Coinbases and RobinHoods of the world offer the zillions of worthless 's*itcoins' for people to play with. Depending on ho…
Now Besett is talking about doing a "top to bottom review" of the Fed .... because if Emperor Hirocheeto can't fire Powell, they can at least make his last months a living hell and pave the way for a politicized Fed going forward.
Sold AES for a 35% gain in 3 months. Recent buyout rumors made this thing pop 20% in July and I figure that's a pretty good win right there and as a result probably won't move much higher once any actual buyout news comes out ... plus it's well wit…
IMO this will get ugly / confusing really quickly. Think about how every major company, from Amazon and Walmart to Exxon to CVS to whomever, launches their own stablecoin. You think it's hard enough keeping those 'customer discount' cards straight…
The stablecoin accounts have 24/7 access from anywhere in the world & may be great for international travelers. They would also lead to democratization of the dollar in that dollar-backed stablecoins can be held by anyone anywhere.
*************…
I don’t trust most fiduciaries. Just because someone holds that title doesn’t guarantee they’ll act in your best interest—or that their advice is good. Yes, it’s better than working with someone who isn’t obligated to prioritize you, but it’s far fr…
Federal Reserve’s Waller says central bank should cut rates at next meeting
”A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chai…
No. Next question?
The speed at which Wall Street is rushing to jam private investments into retirement plans, etc. these days is more than a little concerning and reeks (to me) of a blatant money-grab ... er raid ... on the captive piles of money …
