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.
Little Feat. Let's here it for L.A.
Rock 'n Roll Doctor.
Two degrees in be-bop, a PHD in swing
He's the master of rhythm, he's a rock and roll king, yeah
Little Feat performed "Rock and Roll Doctor" & "Fat Man In The Bathtub" on The Old Grey …
From Heather Cox Richardson's Letters from an American newsletter.
"Tonight Trump appeared to be trying to keep pressure on the Republicans to kill the filibuster
or the Democrats to cave by tightening the screws on the American people.
The Trump a…
District Courts and Courts of Appeals have often ruled against the Trump administration.
These rulings are appealed to the U.S. Supreme Court which frequently expedites the case
and places it on the "shadow docket." The shadow docket was previously…
Barron's spoke with Sonu Kalra, manager of the Fidelity Blue Chip Growth fund.
Much of the discussion focused on AI and technology.
https://www.msn.com/en-us/money/technology/nvidia-meta-alphabet-and-sharkninja-this-manager-thinks-all-four-are-winn…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1929, the stock market plunged at the open on huge turnover
after the previous week's crash. Then J.P. Morgan & Co. stepped in publicly
and began buying stocks for its own account. …
Those round towers in the picture for the song are Marina Towers in Chicago - very unique.
You can also see the WCFL call sign, a media fixture in Chicago for many years "The Voice of Labor".
Cool song. @Observant1
Thanks for the context — I knew …
Big fan of the Rolling Stones' music from the mid 60s to early 70s.
Ran across this killer version of "Midnight Rambler" played at the Marquee Club in 1971.
The best Stones ensemble coinicided with Mick Taylor's membership in the band — as seen here…
More poor people, immigrants, and "woke" individuals will suffer and die unnecessarily.
Isn't this the administration's goal and one of the many reasons Trump was elected?
There are those who will say Trump has a mandate and elections have consequen…
I listened to the following song earlier today.
I was fortunate to see Los Lobos playing a small venue in the late 80s.
It was quite an experience!
https://www.youtube.com/watch?v=_tcQ2DuhoBs
I'm a big Bruce Springsteen fan.
I especially like his early albums: The Wild, the Innocent & The E Street Shuffle, Born To Run,
Darkness On the Edge of Town and The River.
Born to Run is one of my all-time favorite rock albums — it's hard to b…
The following points from Mr. Reich's article really resonated with me.
"Only actions should be news — not threatened actions, not possible actions, not proposed actions
that are mere bubbles on a stream of consciousness — but concrete actions."
"…
President Trump, once again, has reneged on yet another promise!
When will his non-billionaire adherents awake from their deep slumber
to realize that Donald J. Trump has not been, and will never be, their savior?
From Heather Cox Richardson's Lette…
Note: They got into a heated political controversy in the U.S. and were booed at concerts.
I can’t remember what comment one of them had made.
After that they pretty much stayed home and did studio recordings -
sometimes dozens of recordings o…
"Sweet Jane" has been covered by several artists since it was first released on a Velvet Underground album.
One of my favorite versions is the one by the Cowboy Junkies.
https://www.youtube.com/watch?v=pk_7shQenFE
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1999, U.S. District Court Judge Thomas Penfield Jackson found that Microsoft
was a monopoly and the Justice Department initiated plans to break it up.
The following trading day the stock…
The following PBS News Hour segment suggests some Supreme Court justices are questioning
the president's power to impose tariffs via the International Emergency Economic Powers Act (IEEPA).
https://www.pbs.org/newshour/show/supreme-court-justices-q…
morningstar's star rating imo is a dumpster fire.
VFIAX (vanguard sp500 admiral) is also a 5 star.
VFFSX is effectively the same pool of money. 4 star.
"The Morningstar Rating is based on Morningstar Risk-Adjusted Return,
using Morningstar Risk-Adj…
@Old_Joe,
I don't just think FD1000 is wrong — he is absolutely wrong without a doubt!
Not only is FD1000 FullyDelusional, he is also FullyDisingenuous.
It is telling that Comey's indictment occurred after Trump's social media post called
on Pam Bondi to take action against Comey and other "enemies" of the president.
A career prosecutor overseeing the investigation refused to indict Comey
and resign…
Lewandowski wrote a book?
I didn't even know he could read much less write.
Lewandowski may have relied on a ghostwriter like Trump did for The Art of the Deal¹.
Trump states this is his second-favorite book after the Bible.
C'mon now!
Trump has nev…
Every so often one finds a fund at Vanguard that one can't get elsewhere,
at least without ponying up a seven (or higher) figure amount.
Vanguard offers the least expensive I shares for many Pimco mutual funds
while the more costly I-3 shares are F…
As far as I know, Vanguard's brokerage service does not offer low minimum investments
for high minimum investment funds specifically within IRA accounts.
However, these types of funds are generally available via most (all?) Vanguard accounts.
A rece…
I have heard the name Ry Cooder for decades and never could put a song to the name before.
Reminds me of The Band, The Grateful Dead, JJ Cale and maybe even John Hiatt (a little).
I like it!
I'm glad that you liked the song.
Speaking of John Hiatt,…
Last week, the S&P 500's multiple of sales was at its highest level ever —
including the peak of the dot-com bubble.
The Shiller P/E¹ recently breached 40 for only the second time.
This portends meager S&P 500 returns in the coming years.
…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1929, an attempt by the New York Stock Exchange to calm panicking investors backfired.
After the exchange said it would open for only three hours a day, an astounding 6 million shares
tr…
"Lewandowski said in his book that Trump's order of two Big Macs, two Filet-O-Fish,
and a chocolate shake would end a long day without eating on the campaign trail (via Business Insider)."
Trump has quite the appetite!
