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.
@WABC. Agree ! Every weekend we cruised past multiple CONTAINER SHIPS aboard our SAILBOAT. Not the same.
Relatedly, don't anyone dare call a Navy submarine a 'ship' or they might just find themselves fired out of a torpedo tube. Submarines are…
CNN reporting the west coast ports already showing signficant declines in shipping cargo traffic...
https://www.msn.com/en-us/money/economy/ar-AA1EgCdN
Good idea.
I should probably stock up on TP & paper towels at Costco.
Have plenty of Kleenex already.
Better safe than sorry!
I loaded up on single-malts in late March before 'liberation day' happened :)
"A portfolio constructed for long-term resilience will be well served by a high-quality government-bond allocation,
in particular one with US Treasuries and agency mortgages.
The 2022 experience—as well as 2025 thus far—also illustrates the virtue o…
Sellers are getting uo to 50% haircuts in exiting private-credits, LinkedIn.
I'm sure folks will plow into these things b/c it makes them feel like a 'sophisticated' investor....
... and why companies are trying to push this stuff into user-select…
End of an era, for sure. There won't be another Warren anytime soon.
He got a standing ovation after the announcement, to which, in his typical folksy way, he told the crowd "That can be interpreted one of two ways..." lol
I still use their products (b/c I avoid Windows like the plague) but I am nowhere the Apple fan I was 5, 10, 15, or 30 years ago, that's for sure. Their QA has slipped noticeably in recent years and they're engaging in dirty tricks to keep their wa…
Relatedly --
Peter Navarro is delusional .... on CNBC: says this morning's horrible economic numbers are actually good news because if you remove the effect of tariffs "you have 3 percent growth. So we really like where we're at now."
That's the s…
As expected, the flailing Toddler in Tweet is still blaming bad economic data happening during his regime on Biden...
https://www.cnbc.com/2025/04/30/trump-gdp-tariffs-biden-overhang.html
BBG, reporting on the Toddler's 100-days-rally tonight: “You’re not supposed to criticize the Fed,” Trump said. “You’re supposed to let him do his own thing — but I know much more than he does about interest rates.”
Yeah, I'm sure YOU know more a…
Nibbling on what?
“Stuff I post about in the B/S/W thread!”
+1 / However - @masterd joined only a week ago. We’ll cut him some slack. :)
Fair enough. I'm mainly stalking utes, energy support, and modern infrastructure.
I think insider trading is/will be rampant with this regime. After all, last week word came out that Tariff Toddler was telling Wall Street CEOs his tariff plans before they became public.
Then, I read this weekend that one of his big benefactor…
I've been opportunistically nibbling, but buying in smaller chunks than I normally would, even to start a position. Which is frustrating at times when it goes up right away, but also helpful when it drops right away. :)
Nibbling on what?
Stuff I …
I've been opportunistically nibbling, but buying in smaller chunks than I normally would, even to start a position. Which is frustrating at times when it goes up right away, but also helpful when it drops right away. :)
UPS below $100 would be tempting any other time for me, but with a likely recession/stagflation and/or the insane global economic 'unknown unknowns' thanks to the Dotard-in-Tweet these days (er, nights), I think it might have farther to fall given i…
@PopTart- We held various American Funds/Capital Group growth funds for many years, and they did just fine for us. The dividend value play sounds interesting too. I always liked American/Capital because of their "committee" advisory approach... noth…
Announcing 'trade deals' is going to become the 2025 version of 'Infrastructure Week' I think...
https://www.mediaite.com/news/trump-stuns-time-magazine-with-outlandish-claim-when-they-confront-him-on-zero-trade-deals/
Future press conference:
Treasury Sec: No, we did NOT meet with the Chinese.
Orange Buffoon: We met with the Chinese this morning. [accordion hands]
Reporter: I see .. So then, which individuals have met with the Chinese and what was discussed?
…
Treasury Sec: We did NOT meet with the Chinese.
Buffoon: We met with the Chinese this morning.
Question: Hmm...So then, which individuals met with the Chinese?
Buffoon: (crickets)
You forgot his accordion hands..... lol
Changed my Roth IRA SEP holdings from the AF Growth+Income model portfolio to one that'll be around 90% in AF Washington Mutual* F-2, some in JHEQX, and a tiny slice of cash.
(I'd prefer to have it all in WaMu, but as it's a managed account and I n…
New position started in CMCSA @ 31.50 ... down 8.25% premarket on earnings, paying a now-decent and covered yield for an information infrastructure company.
From the B&S thread, it appears @rforno put some serious shorts on around noon today. Probably what hit the market.
LOL my short yesterday was definitely not market-moving .... just a few hundred more shares of the ETF!
Trump blinked again. See CNN below:
https://cnn.com/2025/04/22/business/trump-china-trade-war-reduction-hnk-intl/index.html
Depending who is the point person to negotiate with China, the outcome may vary considerably. Certain individuals such as V…
https://www.yahoo.com/news/white-house-insists-still-seal-184028885.html
White House insists it can still seal 75 trade deals in 90 days – but says it’s currently only in talks with 34 countries
And if you believe the 34 number, I got some choice …
This morning's POLITICO Playbook was amusing reading ..... seems the WH continues to cave on trade. Not only is FOTUS changing his public tune again on China and the Fed chair, but they’re now trying to ink ‘Memorandums of Understanding’ with coun…
While my login problems seem to be addressed at the moment with Schwab (fingers crossed) I still have a zero-balance virgin Fido account still sitting there if I ever truly get disgusted w/Schwab again and decide to bail .... even though in some way…
Yup. My ETF with 20% exposure in Airbus should do nicely from this.
I'm at the point where if I can profit from FOTUS' idiocy I will, because his policies by themselves won't be doing us any good no matter how much Power of Positive Thinking he t…
Lining up to be the next Arthur F. Burnes are they?
Cutting rates during an inflationary spike due to tariffs would just be all kinds of brilliant.
Which means Donnie will try and name himself Fed Dictator and do just that, because he's such a sta…
He can't fire him. It's the usual empty Orange Hot Air.
Yes ... but he's trying to backdoor fire him by asking SCOTUS for the ability to fire "independent agency heads" -- you know he'll bend whatever ruling they give him until it breaks, so I woul…
Well as the great philosopher Jagger said, 'you can't always get what you want.'
And in my case, they won't, because I don't trust government appointed investment committees and stashed it all in one American Fund.
FT: “Given our state of ignorance and all we don’t know, [investing now] is like betting on the outcome of the Super Bowl when you don’t know which teams are playing or who any of their players are,” Howard Marks, the co-founder of Oaktree Capital…
Check to Check Business News - SNL
And Weekend Update was spot on with its opening line: "This week, President Trump tried to rescue the economy from the disastrous policies of whoever was president last week..."
Lutnick is saying that this electronics tariff exemption is just temporary.
May be Bessent, Lutnick & Navarro should be required to issue joint statements only.
https://abcnews.go.com/Politics/commerce-secretary-lutnick-tariff-exemptions-electr…
