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.
however, does anyone doubt that on a whim, trump can press for any\all below and surely the markets will recover in the short-run :
- cancel tariffs, declare victory
- w/gop majorities, get more biz tax cuts
- cajole for rate cuts and other easing
…
I'll add Rekenthaler to the list of anodyne analysts that refuses to contemplate the ramifications of what our president, and his minions, have been saying out loud.
Read the prez's comments from the presser with Mark Rutte, Secretary General of NATO and decided to lock in more profits in the IRA. AM comments from Bessent already had me ready to sell. And then there are reports that options are being drawn up fo…
At my age I'm not hanging my IRA on the Analogy of the Jelly Beans.
When the people running the government are telling you that they are embarked on a fundamental remake of the world economy, don't give a damn about the markets, or the price of eg…
Eggs are not "eggs". They come in many grades and varieties. One store that we visit each week has at least six different types of eggs, varying on size, color, and feeding/living conditions of the laying chickens. The prices range from approximatel…
@WABAC,
The cat is out of the bag.
Peter Navarro is on TV right now. He said "Tariffs equal to Tax cuts." If any one was waiting for it to be spelled out, now they have it.
I haven't watched network news since Network came out. And after 25 ye…
He's blaming Ford's move on electricity rates, but it seems to me it's past time that we begin to take him at his word when he says he wants to make Canada the 51st state.
@Observant1. With all due respect, one can be partisan and right. What’s going on is not normal and it’s not business as usual. Not for business and not for investors. And burying discussions about the new investment / business reality in off to…
@JD_co, I find it sufficient to cope with his expressed desire to return to the age of McKinley. :)
Not to mention all of the other things he says out loud.
I'll take responsibility for helping to drive the thread off topic by questioning the applicability of conventional wisdom given the factors Powell commented on.
If the OP was not prepared for disagreement with Zweig's anodyne advice then the thre…
Eggs are 6.40$ at my local Aldi. I read somewhere that Trump is sick and tired of people talking about eggs while he's trying to recreate President McKinley's Gilded Age.
@BaluBalu, interesting comments. Time will tell. I've said enough about Trump…
For SP500, the break below 200-dMA was UGLY today.
Nasdaq Comp, R2000 and DJ Transports were already below 200-dMA.
Only DJIA remains at 200-dMA - it may follow others this week.
% stocks above 50-dMA remain negative (comparing with Friday).
$N…
I'll add Zweig to the list of anodyne advisors (AA's) telling us there is nothing so new, or different, about the policy changes springing from the mind of one man that should cause us to alter from someone's definition of sound, disciplined, invest…
Junk bonds haven't cratered, but the funds I follow that have any duration on them were down for the week, and looking pretty soft for the last four weeks as intermediate cores were beginning to outperform.
I think Chairman Powell described the si…
Saw this hilarious sale pitch at CNBC: https://www.cnbc.com/2025/03/08/ultrawealthy-to-retail-investors-expanding-access-to-private-credit.html
Pull quote: BondBloxx’s Joanna Gallegos thinks it’s a great idea despite the asset class’ reputation for…
I do not want to get into OT but
IMO, there can be more than one goal here. I would not be surprised if one of the goals is regime change. The other could be to announce to the world how mean our government can be - by slapping around a dearest f…
Today my wife mentioned the following AP story to me: If you're thinking about selling your stocks, you might want to think twice
I explained to her that we are only selling the winners in our IRA. We aren't locking in losses. We remain in widow an…
In the IRA: Sold FMILX while it is still in the green. Prepared to sell more if needs be.
Now at ~46% cash.
In the taxable: Nothing shaking but the leaves on the trees.
@WABAC: I’m thinking as you do. Put 20% of equity index in 403b into MMF. It had been a good ride until the unfortunate change of drivers.
In the past I have been the type to just ride these things out. That was before the Keystone Cops' decided the…
CNBC: "When asked whether the decision to pause tariffs on many products from Canada and Mexico for one month was due to the stock market, Trump said the decision had “nothing to do with the market. I’m not even looking at the market...."
Anyone b…
I have been saying for months that all roads are paved to lead to tax cuts. For obvious reasons, the administration just can not spell it out like that. The media knows what the end game is but where is the value for them if they make it so easy. …
Well. Secretary Bessent had a lot to say today. One might almost get the impression that he would welcome a market collapse, and recession, as a way to lower interest rates and pass their agenda on deregulation and taxes. And in that context, the da…
Threw in my cards on FLTR and SCHO--about 15% of my IRA--and took a piddly loss for peace of mind. Decided I don't want indexes, and I don't want to think about NAV spreads on ETfunds. That leaves me 38% cash. Bonds are now represented by MNHAX, CBR…
I have been thinking about BIMIX, THOPX, and bumping up MNHYX, that can wait. Too much uncertainty for me with Luttnick gaslighting the market over tariffs. I don't mind sitting on cash still over 4%.
I don't know about rate cuts except that I am more convinced they will come with bad news. In the meantime, rates are falling, so I'll quote myself here:
From the IRA: Sold VRIG and replaced it with BUBIX. Sold USFR and replaced it with SCHO. When …
From the IRA: Sold VRIG and replaced it with BUBIX. Sold USFR and replaced it with SCHO. When the dust settles, I'll look at BIMIX, THOPX, and MNHYX. For the time being, bonds with a little duration seem to be doing better than the floaters.
For t…
Sold FFRHX from the IRA. Not feeling the need for it at the moment.
I'm now looking at adding THOPX and BIMIX, and bumping MANHX. That would increase my duration a little bit. My IRA duration is currently around ,74, per M*. Fido says .53, and the…
I haven't made any changes to the taxable lately because I don't see much I want at current prices. Whether I can be enticed to buy on a dip, or a swoon, will depend on what I observe at that time. Mr. Magic 8 Ball has been insistent that I "ask aga…
@ Junkster, flows into CBRDX have been modest since we discussed it a while back. So I think the secret is safe. Anything with a whiff of ESG is out of fashion anyway.
Actually, CBLDX has modestly out-performed CBRDX over the time period I have he…
"But there are tons of manufactured AAA tranches of securitized credit. Basically, an average rated portfolio can be sliced-and-diced in tranches of AAA, AA, A, BBB,...,equity tranche. Wall Street collects fees from this too, so they love securitize…
