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.
It's the speculative debt that I worry about. I haven't read Hyman Minsky directly, but I think Kindleberger does a good enough job explaining his theories in Manias, Panics, and Crashes.
For those not familiar, wikipedia offers a nice summary:
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@Observant1, no doubt. Of the building of AI data centers there is, apparently, no end.
Forbes reports that industry shipments were still down 9.5 for the 1st quarter of 2025.
Here is 2025 best performing stocks in S&P 500, and they are not the Magnificat 7.
https://slickcharts.com/sp500/performance
I'm guessing Seagate hasn't been that high on a list like that since the 1980's. Have hard disk drives become a meme s…
Definitely sheep.
I used to love to read Sheep in a Jeep to our children when they were very young.
"If god didn't want them sheared, He would not have made them sheep" often comes to mind after reading stories like the one in the Financial Times…
Also, I have seen what appears to be malfunctioning websites due to content blockers.
I would be very much surprised if there was anything extra there to block.
Isn't it MIT that produced the research that shows that relying on AI destroys an individual's critical thinking skills, and that AI's regularly lie and deceive?
Why, yes, it was MIT. They're even studying how to tell if AI's are lying.
On a datas…
I doubt that I hold these long, if they deteriorate, they will be gone ASAP. Their only purpose is to do better than my ultrashort fund. The BL beats on the 1-mo and the 3-mo, but seems to be slipping on the 5-day. I'm thinking that I missed their r…
Speaking of 2008, I was playing around with multisearch today, bank loans had rough going that year.
I think I'll just stay short, or shorter, with the IRA.
Hi @WABAC Check this mortgage and other rates discussion link
At the right top you'll see a list of numbers. Click 1 for page one. This will take you to the beginning of the thread, that is August, 2024 started by 'bee'. The title/subject is Pre…
I know I could call, or email the office, but I'm in no hurry for an answer.
I wonder why you can post duration numbers for your funds in your quarterly reports, but M* can't.
Hi @WABAC This may help, if you read something like THIS. October, 2024.
@catch22 thanks for the link. Around that time there was a thread here about how we were all going to arrange our bond funds due to falling rates. Ha!. That took a turn after…
An article I was reading this morning pointed out that the last time the Fed cut rates, long rates and mortgage rates went up. I haven't verified that. So if anyone has a correction . . . let me know.
@yogibearbull thank you for correcting my quick glance. And I do understand the uses you describe.
In theory, they make more sense to me than free-floating crypto. And I hope they stay well regulated. But I don't see many uses for me in my daily l…
@yogibearbull, yes of course. It will be different this time for sure.
But a quick glance at Tether shows that the value does fall below a dollar from time to time. It should be noted that it also rises above a dollar.
Maybe this new law will fix…
OK, so partisanship is the name of the game for life appointments BUT why do they have to select the most intellectually inadequate partisan they can find? Inflicting the future generations to a lifetime of lazy minded leadership, without recourse, …
I like funds with a => five year history so that I can look at performance from 2020 and 2022. With that in mind, DIVI, EPDIX, and EPVIX are at the top of the list for my IRA. The two OEF's are awfully expensive.
I have seen reports that there is one Executive Order coming to allow private-equity in 401k and another to just call soccer football (may be the other could be called American football).
FIFA gave the prez a trophy and a medal. I wonder what he's g…
WABAC,
Ben states that research proves that you should be fully invested, use index funds and asset allocation to match risk profile. Of course I don’t listen to that after getting burned 45%, 50%, 25% in 2000, 2008, 2020, etc.
I've been known t…
When do they head up to Northern California (Trump country) and start the raids on agriculture up there? Easy-peasy, no protests!
Unless things have changed a lot since we moved, "Trump country" is mostly east of the coast from north to south.
Now …
“The Irrelevance of Dividends: Still a Non-Starter” by Ben Felix, CFA
https://pwlcapital.com/the-irrelevance-of-dividends-still-a-non-starter/
Seems to me he's making a very narrow point. Op. cit.:
Again, to be clear, I have nothing against dividen…
I've read several opionators wondering why anyone would negotiate with a person willing to change the rules on a whim. What would be the point?
Yeah we had an agreement, but then my bunions acted up after wearing shoes from your country, so more ta…
@Old_Joe, mainly I thought it was peculiar that it was closed on the 13th after the thread went in a different direction, with none of what I loosely call horse play. I don't really intend to get into a lit-crit thang.
I was planning on following …
We frequently have thread drift at MFO—I doubt this caused the thread to be closed.
You last post seemed fine so I don't think this led to thread closure.
Some comments in my prior posts may be to blame.
This is just a guess as I haven't received a…
At the present time I am remaining extremely conservative with my retirement funds, which I have yet had to tap into. That allows me to not worry about the taxable account which is as fully invested in equity funds as it has ever been.
At the prese…
It has been hard not to notice etf's like FLTR and FLOT if you like a higher rating and lower volatility in your floaters. I am not aware of mutual funds that follow similar strategies to the two etf's mentioned.
The 1/5/99 event might want to come with an asterisk. Dinky linky.
In the two years leading up to March 24, 2000, the S&P 500 gained 38.1%.
The Dow hit its dot-com era peak in January 2000, but the Nasdaq and the S&P 500 didn’t top out unt…
Anybody TACO trading today?
I hear the 500 set a record the other day. It's 45th on my watch list YTD. The NASDAQ set a record too. QQQ is 16th on my list YTD, right behind VEIRX.
Of the 12 LCG funds on my list, only MLAIX places higher than QQQ …
That other magazine isn't available for free on line. At the dinky linky is the April 1987 edition of Changing Times The Kiplinger Magazine.
One eye-catching blurb notes that mortgage rates would stay tame for 1987, at a mere 9%.
Some of us may b…
The Defense Department is stepping in to support MP Materials, and will become their largest shareholder. Details at the dinky linky, you might have to turn off your ad blocker to read the story.
