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.
Geez. I'm going to have to go back and read about wildcat banking in the 19th century, because this scheme sure rings a bell.
I couldn't tell from the link what happens to FDIC insured accounts. Due to my ignorance I can only take a WAG that this w…
I kind of wonder what is in the water supply in Atlanta after reading coverage of the latest Beige Book from the Fed. Dinky linky.
According to the report, nine of the 12 Fed districts reported contraction in economic activity or no change in growth…
@Sven- Are you also suggesting that we should "gut" (eliminate) environmental regulations? Somehow that doesn't sound like you.
Gut may be shorthand for simoleans, among other things, like political will.
There are projects at, or close, to commer…
In the IRA: Bought BBBMX and CBLDX to make up 6% each of the portfolio. BUBIX and PRWCX add another 12%. I have about 6% between BIAVX and DGRW, which are both underwater since I bought them in November.
TACO is a fun meme, but I'm not yet willing …
Do we need rare-earth materials for regular auto (gasoline based)?
Maybe not for a Model T, but according to an industry statement quoted by Reuters:
"Without reliable access to these elements and magnets, automotive suppliers will be unable to prod…
@Sven there is one US processor currently in business: https://mpmaterials.com/ and https://www.morningstar.com/stocks/xnys/mp/quote
Actually, it's the only operating miner and processor in the Western Hemisphere according to the M* link. However, …
Reading up on this again, I am reminded that China controls the market almost entirely due to state subsidies to the production of rare earth metals rather than control of the raw sources of those elements.
The more they hold back, the more economi…
Haven't seen this translate into positive action for ET funds like TINT, GMET, or DMAT. There may be others that I am not aware of. Maybe now is the time to put a little down on them.
The funds under discussion spent about five minutes on my watch list. They don't seem to do a whole lot better than the Invesco revenue-weighted funds RWK, RWJ, and RWL.
They have a mid cap earnings index, but I can't seem to find a listed et fund that uses it.
https://www.wisdomtree.com/investments/index/wtmei
It's EZM. EES tracks the small caps. I'll be adding them to my watch list.
Not a single copy of After Yorktown in the public libraries of Maricopa County. I guess I'll have to buy one. :)
Have to agree that PRBLX lost its way. It used to be a steady low volatility fund. Sad to see Amazon in the top five holdings.
Nice!
Brings to mind time in the market vs. timing the market.
https://testfol.io/?s=dgfVTheVmuy
I think I had to search the seat cushions to come up with the minimum. In those days it was still possible to enjoy the Bohemian life in old San Franci…
Pure gold....
"Markets trembled, then rebounded,
Stock picks swirled, confusion sounded.
No playbook clear, no path defined—
Just chaos carved from one man’s mind.
In suits and slogans, rules were bent,
With Fox & Friends as Parliament...."
An…
The nice thing about DIVO is that they aren't even required to use covered calls unless they see an advantage. That seems to me to be a more practical idea for an actively managed fund. Of course it does require the managers to be adept enough to id…
@WABAC. Sometime will have to post all the bullish momentum indicators that triggered beginning on April 9. A plethora of them. More than in August 1982 and March 2009. So far so good.
I would be interested in seeing them. I'm interested in th…
If the markets start tuning out these Tariff announcements, maybe we suffer over the next year or so and narrowly avoid a recession. The dollar has to stabilize. Our credibility has taken a hit this year. And the Fed must remain independent, or …
Piketty, Capital in the Twenty-First Century. Jan 1, 2014.
https://www.amazon.com/Capital-Twenty-Century-Thomas-Piketty/dp/067443000XLooks like an interesting read. Thanks for the link, though I won't be buying it from Amazon.
A decade ago, the wo…
Piketty, Capital in the Twenty-First Century. Jan 1, 2014.
https://www.amazon.com/Capital-Twenty-Century-Thomas-Piketty/dp/067443000X
Looks like an interesting read. Thanks for the link, though I won't be buying it from Amazon.
@JPtak (MFO) is Morningstar Managing Director of Research. He posts at Morningstar (see link below), LinkedIn, X/Twitter, Substack, etc.
https://www.morningstar.com/people/jeffrey-ptak
And, from time to time, posts here.
Thanks for the link. Interesting read.
I always wonder why these looks in the rear-view mirror always end at some year. Why not go all the way back to where ever the data begins?
I don't subscribe. Was there ever a follow up post on whys?
Also, …
Among nonfinancials, the only US companies with AAA ratings now are JNJ & MSFT. I have been warning people about structured AAA, AAA, A, etc - literally in hundreds, if not thousands.
When you say "structured" are you referring to those funds t…
Well, peak shale at current prices.
Oil prices have fallen to $62.49 a barrel, down about 13% since Trump’s early April tariff blitz. That price is roughly equivalent to about $45 in 2015 dollars—below the average price that sent the oil industry in…
Surely something must be wrong there... only Democratic administrations increase the deficit. Maybe @FD1000 can help us out on that.
I wonder how bad off we would be now had Clinton's tax regime stayed in place. We were actually reducing the deficit…
Big Bang is the place I go for investing chat.
Big Bang has been directing the political dumpings here:
"I may or may not moderate political posts (which most of these are) unless they are rabid, but I do encourage people to keep to the topic "Eco…
The IRA is mostly in SPAXX now,
You might consider moving that to FZDXX ($10K min in IRA), though it would only have gotten you six extra basis points YTD. Almost enough to feel stupid about :-)
If I do that, chasing the big returns, I might get …
This post belongs in Other Investing as much as some other posts I have followed in recent months. Politics and investing (at least short term trading) seem to be fairly highly intertwined these days. I suspect it will take at least a few more mon…
I don't do podcasts, but the genera idea here deserves a bump.
They don't want my money because they are friendly stewards concerned for the security of my retirement, whatever Larry Fink says.
WABC. good knowledge. Actually I enjoy 13 and traffic,as they refer to themselves on San Francisco Bay, because I like to listen to the professionals.
I spent 25 years on 10.
I was trained by an old Coastie. Don't talk like a trucker. Don't tal…
@WABC. Agree ! Every weekend we cruised past multiple CONTAINER SHIPS aboard our SAILBOAT. Not the same.
Monitoring channels 16, 13 and/or the local VTS?
CNN reporting the west coast ports already showing signficant declines in shipping cargo traffic...
https://www.msn.com/en-us/money/economy/ar-AA1EgCdN
It really bugs me when media types refer to ships as boats. They really ought to know better. So…
Here we go again just like the time during COVID. There were limit on TP per customer at the checkout stands. Wonder how Walmart and Costco handle this differently now ?
It would be pretty funny if all Americans remember about Trump 20 years from…
Liner traffic from Asia typically calls at LA/LB first because it is a day closer to Chicago. So what isn't happening in LA is being exported east.
Bought some extra TP at Walmart today. Read somewhere that GOP staffers in DC are stocking up.
