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.
"Goldman Sachs wrote in a note earlier this month that the Consumer Price Index and Producer Price Index reports suggest tariffs had “modest” effects on prices in May. The analysts expect the bulk of tariff-induced inflation to show up between June …
The U.S. auto industry currently uses foreign manufacturing to produce
lower-value parts while higher-end components are produced domestically.
However, President Trump wants cars to be 100% made in America
and has proposed 25% tariffs on imported c…
FD1000,
I didn't realize you were an auto racing enthusiast.
I'm curious why the Yugo was your platform of choice.
These cars were slow and often criticized for poor safety and reliability.
Did you swap the engine and modify the suspension?
Perhaps…
"Elections have consequences...for both parties."
You're absolutely correct.
Laws are broken; the constitution is not being upheld; idiotic tariff schemes are implemented;
indiscriminate federal govt. cuts are made; the world order which served the…
@FD1000
The following video explains why Trump's tariffs haven't sparked inflation yet.
The "Fed Whisperer" even shares his insights!
Perhaps you will find it enlightening.
https://www.wsj.com/video/series/on-the-news/economists-explain-why-trump…
JBP also has the advantage of being independently very wealthy.
Imagine: a wealthy person in public life who isn't out only for himself.
This is very difficult to comprehend at this moment in time.
@catch22
Thanks for the link to the Fidelity message board.
I received the same message that was referenced in the OP.
IIRC, micro-deposits have always been used to validate linked accounts
at every financial institution where I was a customer (inc…
This case focused on whether federal judges have the authority to issue nationwide injunctions.
The Supremes, in a 6-3 decision, ruled they do not.
The legality of denying birthright citizenship was not addressed.
My money is on Jay Pritzker, IL Governor
I recently watched a speech given by Jay Pritzker—he was quite impressive.
I haven't looked too closely at other top contenders for el presidente.
I shopped on Newegg "back in the day"—component availability and prices were excellent then.
I'm not a gamer which has helped to reduce spending on performance GPUs over the years.
My two international equity funds have been my best performers, by far, in 2025.
The YTD returns for my small blend and large blend funds are 16.44% and 15.04% respectively.
I don't know if international equity funds will continue to outperform U.S.…
I've failed miserably in my numerous attempts to educate you about this matter.
You created a thread named "The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady"
on the BIG BANG! Investors forum several days ago.
Multiple participants added i…
"I recently was in a fender bender (my fault, first time in over two decades and I wasn't at fault for that earlier one). 2MPH. Front fender dented, minor scratch to side mirror and some scratches along side of car
(more dust than scratches). Cost t…
I recently changed auto insurance because the previous insurer kept raising premiums
and was no longer competitive in my state.
So, I shopped around and found a major insurer with much lower premium.
I thought I was pretty smart!
Now, on 6-mo renewa…
It's interesting when someone presents an extremely weak argument and then tries to substantiate it
with a cherry-picked article featuring an individual who, in all likelihood, is biased due to prior association.
What should you do?
Refer to inform…
Schwab's Liz Ann Sonders' recent article asks the question:
"Complation"…Is there too much complacency regarding inflation?
"The rub is that much of the economic data outside of direct inflation readings suggest higher inflation ahead. Both key pu…
Don't feel bad.
The following commentary is from Jeff DeMaso's IVA Weekly Brief published June 25.
"I’m repeating myself here—but it bears repeating: you can’t profitably trade the headlines."
"If you were trying to profit from trading energy stoc…
"Why wait for Sep?"
Because it will take time for the impact of tariffs to be reflected in the inflation data.
I don't know exactly how long this will take but we should have evidence by year-end.
The current numbers don't accurately represent the effect of tariffs.
Get back to me after the September, October, or November numbers are released.
Thank you for your attention to this matter!
I'm not a T. Rowe investor although they do offer some very good funds.
T. Rowe's recent reorganization combined with the subsequent launch of several new funds gives pause.
Giroux is now wearing many hats as was previously mentioned.
Oh ye of little faith.
There are 13 entire days before the pause on tariffs expires!
The administration is waiting until Trump's megabill passes before announcing trade deals
according to White House National Economic Council Director Kevin Hassett.…
"Classic personal-crises response."
I've never resorted to dropping bunker-buster bombs on foes during my personal crises!
In the spirit of truthfulness, the thought did cross my mind.
"The Fund’s positive return streak and investment approach has been sustained over the years
by several managers. Prior to Messrs. Arricale and Giroux, who became co-managers in July 2006,
the Fund was managed by Stephen Boesel from August 2001 to J…
I usually avoid funds with a "star manager."
Team-managed funds are preferred since they mitigate "key person" risk.
It's important to note that T. Rowe Price does has a deep analyst bench.
It appears Vanguard can cut a QCD check for you.
https://investor.vanguard.com/investor-resources-education/faqs/how-do-i-take-a-qualified-charitable-distribution-qcd
Yes, Vanguard and D&C mutual fund TFs have been $74.95 for a while.
TFs for other firms' mutual funds were listed as being $49.95.
This no longer seems to be the case.
I checked the Fund Facts & Fees section for several "other" funds and it…
It's almost a chess game- if anyone takes out Iran's oil production that would cut off their main income source, and also really irritate the Chinese who use most of the Iranian production.
+1
The Iranian regime needs to attack the U.S. to "save face."
These attacks may very well be symbolic.
Iran is currently very weak and knows the U.S. could annihilate their country if they overreach.
Iran is a global menace that has long been involved in war/terrorism via its proxies.
Their government refers to the U.S. as the "Great Satan" while Israel is known as the "Little Satan."
Israel initiated Irananian attacks to thwart nuclear weapon p…
"How will the Iran conflict affect the global balance of power?
Answering this question may seem a fool’s errand given how fast events are moving now that U.S. President Donald Trump has joined the war on Israel’s side.
A lot depends on whether Tehr…
"How will the Iran conflict affect the global balance of power?
Answering this question may seem a fool’s errand given how fast events are moving now that U.S. President Donald Trump has joined the war on Israel’s side.
A lot depends on whether Tehr…
David Sanger, a long-time NY Times correspondent who focuses on foreign policy and national security,
analyzes the situation after Trump's military strikes.
https://www.nytimes.com/2025/06/21/us/politics/trump-iran-risks.html?unlocked_article_code=…
Cool! I've always wanted my own personal jet. Do they cost very much?
You could purchase a light jet for a mere $3 million!
Be sure to allocate at least $500,000 for annual maintenance, inspections, and operations.
Annual costs of at least $200,000 …
