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.
Can someone tell me how to play this good news tomorrow? Stocks? Bonds? Gold?
Futs soared on the news. Even if I wasn't on family travel right now. I wouldn't be doing anything tomorrow....let the dust settle and see what the next hair-brained sch…
CBS: "The three judges who wrote Wednesday's ruling were nominated to the bench by former President Ronald Reagan, former President Barack Obama and Mr. Trump in his first term."
Edit: The ruling was Per Curiam, meaning that it was written on be…
Tomorrow’s tweet tonight: “Who the hell is this ‘court?’ Has anybody ever heard of them? Why are they rolling out these fake decision decisions that never should be allowed? It’s a disaster for our country and needs to be fixed IMMEDIATELY. Thank y…
Tomorrow’s tweet tonight: “Who the hell is this ‘court?’ Has anybody ever heard of them? Why are they rolling out these fake decision decisions that never should be allowed? It’s a disaster for our country and needs to be fixed IMMEDIATELY. Thank y…
Hey @anna, it gets better/worse... it's not just crypto they're launching:
"In February, Trump Media applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bit…
CNN
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President Donald Trump said Sunday that he has agreed to delay a 50% tariff on European Union imports until July 9, the latest instance of Trump declaring an impending tariff and throwing markets into confusion only to later walk back the th…
I think international ex-USA funds should see more positivity in the future. The only US sector I'm bullish on are utilities.
IMO we are in the early stages of a seismic, but quiet, re-ordering of the global economy over the next 10-15 years. Spe…
OHHHH
This is probably why Tariff Toddler is demanding a 50% tariff coming on all EU goods starting 1 Jun.... Greenland just did a mineral deal with the EU!
https://www.newsweek.com/greenland-trump-permit-extraction-2075673
I was wondering what orange-tinted drama would take place over the weekend ... he's apparently starting early so as not to interrupt his latest golf outing -- the Tariff Toddler just threatened 50% tariff on EU goods and 25% on Apple products.
Gues…
Bought starter in BKSY as a defense play and possible acquisition target.
Currently stalking a few international utilities and thinking of re-entering AES @ 10.
My experience with ENIC (Enel Chile) was rather a disaster. Just thought I'd mention …
Bought starter in BKSY as a defense play and possible acquisition target.
Currently stalking a few international utilities and thinking of re-entering AES @ 10.
Fictional or reality?
Reality. Although not 'bonds' those bundled products were "dogshit wrapped inside catshit"[2] and given a triple-A rating because $$$$$$$. Or as Anthony Bourdain (RIP) said in the film about bundled products back then, "it'…
Keep in mind another rule that only S&P applies - US financials cannot have better credit rating than the US government. So, when US was downgraded to AA+ in 2011, top US financials were also downgraded to AA+ regardless of their own financial s…
Ever since the GFC I've found the ratings 'agencies' rather farcical. IMO they're really only useful as a high-level 'sanity check' OPINION on something but their 'ratings' are sliced so narrowly it's pretty hard to fail them.
To wit: Imagine if …
Jason Zweig believes alternative assets do not belong in 401(k)s.
"Whether we’re talking about a smaller firm like Redwood or the giants of alternative investing,
the same rule applies: Assets that don’t trade every day aren’t low risk just becaus…
"Is it normal for the POTUS to instruct a retail company (Walmart) to eat tariffs that he was responsible for?"
You know, I have/had the same question. I also wondered how many previous presidents had a throng of CEO's following them half way aroun…
Is it normal for the POTUS to instruct a retail company (Walmart) to eat tariffs that he was responsible for?
https://www.cnbc.com/2025/05/17/trump-tells-walmart-to-eat-the-tariffs.html
Normal for a mob boss, yeah.
Is it me or did his tweet earli…
Wonder what the tariff was on that jet that was gifted (grifted) from Qatar.
Business licenses for his next major hotel project in the country, probably. Or maybe friendly bankers who don't mind dealing with an un-lendable crook?
"So like Pete I’ve sworn off." I hear that's not going so well.
LOL. Why do you think we keep losing F/A-18s off of aircraft carriers? They keep letting him drive.
What! You were looking for some lettuce on your Nothing Burger?
Yes, because "bacon is too expensive" and it's hard to find organic free-range covfefe to layer on top of my NothingBerder....
FWIW, I have owned TIAA Real Estate Account VA (QREARX) for quite a while and it's private real estate. But its liquidity model is quite different than that for nontraded Blackstone BReit or Starwood SReit.
QREARX is, imo, fine. Folks can go see th…
Agree this seems like a more competent approach/team. However, in my view, this only gives breathingroom --- it still just punts things 90 days down the road .... we could be right back where we started from in August or at anytime that Emperor Hi…
.....And I see that predictably, Mr. Market is gleefully overreacting to a 3-month reduction in tariffs between US and China. So much winning. For a day? Two? the volatility is killing me.
This idiot is waging his trade 'war' in 90-day increments. …
So, the question is, should the gates be removed or just lowered for retail investors?
I have no problem with lowering/removing the gates to retail investors* but DO have a concern with PE infecting pension/retirement accounts in ways that might no…
Regarding ICI's stated desire to expand access to private markets,
why do I get the feeling that retail customers would be left holding the bag?
Because they will. (Again)
TCAL is very attractive -- was going to start a position last week tbh but end-of-semester crazy got in the way and I never got around to it.
I'm also wondering if that might be a good thing to rotate from PRWCX into at some point....
'Concepts of a plan' I think is the more accurate description.
In other words, a nothingburger. But he'll bleat that more nothingburgers are coming "in a few weeks" just like his infrastructure and health care plans during his first term.
Donnie is panicking over his trade war based on his ALL-CAPS plea to China this morning. Better yet, another post suggests he's going to try and pin any trade policy failure or tariff drama on the Treasury Secretary -- because he can't accept resp…
... which means FOTUS will be up late into the evening wailing on his liddle social media site about how Powell sucks, needs to cut rates NOW!, and deserves to be replaced immediately, right?
Called it. So predictable and pathetic. Or as he might s…
I'll run Linux before I run Windows again.
Apple products are expensive but generally okay if not frustrating for power users like me. However I don't trust their cloud architecture farther than I could throw it and it'll take a lot to convince …
... which means FOTUS will be up late into the evening wailing on his liddle social media site about how Powell sucks, needs to cut rates NOW!, and deserves to be replaced immediately, right?
