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.
"There are more holes in Donnie's stories than in a block of Swiss cheese."
Yes, that's beyond dispute.
Um, see, that's the part I cannot get past so easily. His minions are very quick to dismiss his constant lies, but how is that ok? Donnie lo…
nah, he's a suckup toad of the first water, and did the same thing in 1989
Funny that you used the word "toad", its the first word I thought of after seeing that picture of Barr above.
And agreed, he is just a major suckup. Lets be real. There…
"Donnie needs to tune out CNBC and get on with his life."
Donnie needs the markets to rally to have a chance at re-election. That's the game he's playing. He wants to be puppetmaster - he wants to control the Fed. If they did raise rates again, …
@JoeD: "after he loses in 2020. " ?
Derf
Oh, yes, I forgot. Popular vote means nothing. Long live the electoral system!! But even then, Donnie is going to struggle to gain a 2nd term. …
You put it best in your 2nd sentence...."Delusions of grandeur". Explains Trump's narcissistic world.
He will blame the Fed (along with Obama and Hillary) after he loses in 2020.
@Ted, You’ve posted 17 new threads just this morning. Other than the one on @Catch22 (which I’ve bumped over to the active discussions) none of yours have yet received comment. By contrast, I’ve posted one new thread over the last week and it’s rece…
Yes, well even his hedging is sub-par. I owned HSGFX many years ago, but didn't keep it for very long. Not a fan of Hussman. His execution is poor.
Best of luck with this one.
Look at top equity holdings:
Symbol Last Price Change
URBN 30.20 -0.93 -2.99% USD 4:00PM EST
CRI 95.33 -4.33 -4.34% USD 4:02PM EST
GCO 46.49 -1.78 -3.69% USD 4:02PM EST
This is as murky as the mutual fund world gets. Something seems amiss.
I never did place my 10% investment in this fund due to complications over at Vanguard. I'd be ticked off if they closed right after I had moved $$ in there.
Per msf's commen…
As I charted STATX against RPHYX, ZEOIX and MINT, I noted a supernatural steadiness to its returns. It has returned 6.5% since inception, over the same period the others have returns something in the 3.5 - 5.5% range.
David
Yes, its that "supern…
This isn’t about border security, no matter how many time Trump tells that lie. This is about his ego and his pathetic attempt to distract people from the constantly-growing list of scandals, legal troubles, and embarrassing administration depart…
Strong-arming the Fed may be Trump's final "victory". Take a lap.
I’m afraid it doesn’t stop with just the Fed. Sleep well.
https://www.abc.net.au/news/2019-01-31/donald-trump-calls-us-intelligence-officials-naive/10765276
Nah, most of us know be…
I'm trying hard to convince myself this fund is legit.
Thinking maybe they limit access to STATX because the market is so limited that they would lose the ability to make money if it grows too large. AUM max of $400M-$500M is probably ideal.
I…
http://www.tbil.co/wp-content/uploads/2019/01/Mutual-Fund-Fund-Fact-Sheet-Final-01.11.19.pdf
Link to STATX (State Funds Enhanced Ultra Short Duration Fund) Fact Sheet.
Wish I understood a bit more about the leveraging effect via lending (reverse r…
You have to feel for the govt workers who are in a terrible, helpless position. My brother in law is effected, so it hits home.
The only silver lining is that I am watching Donnie's approval ratings slip each day - down below 40% today, per FiveTh…
Thanks, Shadow. I am purchasing via Vanguard ($20 TF), which is the only brokerage I know of that offers STATX.
It almost seems like it could be just a 1 man show over there, based out of a suite in Las Vegas. Not sure if that perception is tru…
there's a 5% load; why pay that?
First Eagle Overseas Fund Class A (SGOVX)
This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity.
Not a Gundlach fan, but he is spot on about the "Powell Put". Market reaction has been quite optimistic since the ole Fed backstop has made a return.
Meanwhile, asset bubbles can float about for a while longer. We can't have markets acting o…
I gained a little over +2% in 2018, but only because I've been mostly in Cash (MMKT) and Floating Rate funds. Currently, I hold mainly cash, but have recently started buying equity MFs and ETFs.
Intend to cost-average my way back to stocks in …
Futures this Sunday evening are up nicely in no small part due to the POTUS hailing big progress towards a China trade deal.
But did we not just get sucked in by this same scenario recently? It's like deja-vu (all over again). He has no credibil…
This market still feels very shaky - like we are a few bad Donnie tweets away from going down the tubes. As the current "regime" has every incentive to keep markets afloat, you would think keeping things quiet would be a priority.
But that is n…
Rono should start his own website. He's always spot on. As for the sterilization rec...I think he jokes...but that should be a real consideration.
Personally, I hope Donnie keeps his arms all folded up and goes from orange to red faced. If he s…
. There may be hell to pay when Joe and Jodie 6-pack get their 401k statements at year’s end. There go 3-5% of his stalwart 38%.
That's an excellent point. Approval ratings are always tied to stock/economic performance.
And if unemployment spikes…
FWIW, Mnuchin denies Trump wants to fire Powell. I don't believe Mnuchin here just because it sounded so very much like something Donnie would TRY to do.
Even if he is not within his rights, Donnie could easily tweet Powell's "firing" shortly..…
If he really was so great at calling bottoms, he wouldn't still be working on WS after 40 years.
So many fortune tellers out there on Wall Street that somebody has to be right, once in a while.
Rono,
I've been sitting this one out for a long time. Even sold my floating rate funds a few weeks ago. CASH is king.
I think you are fearless in adding to other high-risk areas (Asia, Latam). I don't know that I could stomach that while we fre…
Junkster said:
"Very early January may set the tone on where to be in Bondland for 2019. Maybe the formerly crowded trades such as PTIAX and PIMIX will return to the fore?"
Junkster,
So you are hopeful that the Fed announces they will stop raising …
Darn, Junkster, you play around only with the institutional versions? Big-time player.
I had sold 90% of my IOFIX a few weeks back, and today I sold that last 10%. Not sure what comes next, so sitting in cash (FZDXX).
Eyeballing RCRFX (RCRIX)…