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.
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"The U.S. official said the Trump administration did not feel the sale of H20
and equivalent chips was compromising national security."
"It's wild," said Geoff Gertz, a senior fellow at Center for New American Security,
an independent think tank in…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1928, presidential candidate Herbert Hoover declared:
“We in America today are nearer to the final triumph over poverty than ever before in the history of any land.”
Just over one year l…
"What creeps me out is that nobody is calling out the overreach of the new regime."
Many members of Congress have abdicated their responsibilities to check the executive branch.
They either don't have the decency or the courage to challenge the "fa…
"In a recent article, author @JPtak has come to the conclusion that holding
individual TIPS to maturity may be better than TIPS funds."
FWIW, I agree with Mr. Ptak.
"I’ve looked at QDSNX before and decided it’s not for me.
Too short a track record for my comfort level.
But the numbers are amazing since the fund opened in 2020."
I've taken a brief look at QDSNX.
The fund has performed very well since inception.…
"Looks to me like a great candidate for the Nobel Prize for Peace."
The only Nobel "prize" that Trump truly deserves is a stick of dynamite—invented by Alfred Nobel
who established the Nobel Prizes—inserted into his anus and subsequently detonated!
Coincidently, I just read the following Reuters article regarding the recent rise of white nationalist groups.
Doesn't president Trump have a solemn responsibility to encourage peace and civility in our own country?
American Nazis: The Aryan Freedo…
Someone referenced the following information on another forum.
Aerospace Engineer Richard Godfrey provides a hypothesis for the AI 171 crash.
I haven't heard this from anyone else and have no idea how accurate his thesis may be.
“The most likely …
The U.S. has historically been the gold standard for economic data.
However, this doesn't mean that there isn't room for improvement.
Since the 1980s, "owner's equivalent rent" has been used to gauge home prices.
To obtain this data, homeowners g…
“Since the early 2000s, pension funds have increasingly added private assets to their investments.”
“Private assets didn’t measurably improve pensions’ returns, says JP Aubry, associate director
of research at the Center for Retirement Research at…
The Week in Charts (08/08/25)
The State of the Markets, including...
00:00 Intro
00:32 Stocks
13:00 Bonds/Fed
20:55 Real Estate/Housing
27:29 Commodities
29:29 Currencies
31:58 Crypto
34:28 Intermarket
37:45 Economy
Video
Blog
"When going beyond the obvious winners, are too new, too small or too expensive deal killers?"
1) I like to see funds which have experienced several market downturns (preferably going back to GFC).
If the manager(s) ran similar strategies this data…
Well, isn't that special!
The administration has already started making up its own numbers.
The next CPI report released on Aug. 12 will be interesting to watch.
It wouldn't be too surprising if inflation dropped sharply all of a sudden.
The proposed settlement amount seems rather excessive.
For a point of reference, Trump University defrauded¹ thousands of students but was fined only $25M.
https://www.wsj.com/articles/judge-approves-25-million-trump-university-fraud-settlement-149…
Trump Wants $1 Billion Settlement From UCLA
“In a document viewed by The Wall Street Journal, the administration asked UCLA for $1 billion
and to 'eliminate identity-based preferences' for hiring, admissions and scholarships.
The proposal asks the…
There is a White House clarification (re gold tariffs) in the process of being issued.
So don’t do anything rash!
Don't worry at all!
The gold tariff is an incredibly thoughtful policy created by one of the smartest people on the planet.
It just nee…
No one man should have this much unchecked power.
You are absolutely correct.
Unfortunately, many so-called "patriots" just don't seem to care about democratic principles.
"This has nothing to do with the fact that he's in-bed with the crypto lobby
and the PE folks are in bed with his Treasury and Commerce secretaries, right?"
It's merely a "coincidence" my friend...
“President Trump said he would nominate Stephen Miran, the head of the White House Council of Economic Advisers, to fill a vacancy on the Federal Reserve’s Board of Governors on a short-term basis.”
“Trump tapped Miran in December to lead the CEA, …
U.S. Manufacturing Activity Contracted From March To July
“From March to July, U.S. manufacturing activity contracted,
according to the Institute for Supply Management’s monthly survey.
The Manufacturing PMI last registered at 48, below the 50 scor…
It appears that new car/truck prices may be increasing appreciably in the near future.
I posted this is another thread.
Auto Industry Takes $12 Billion Hit From Trade War
"President Trump’s tariff war has inflicted almost $12 billion of losses on …
Auto Industry Takes $12 Billion Hit From Trade War
"President Trump’s tariff war has inflicted almost $12 billion of losses on global automakers,
the biggest hit they have faced since the pandemic.
The scary reality: This may be just the beginning.…
Thanks for the notification!
"The executive order is part of a broad deregulatory push under the Trump administration,
which has rolled back restrictions on cryptocurrency investments,
closed regulatory probes into the industry and loosened banking…
Now, they were big revisions, absolutely, no question about that.
And not too many of those big revisions occur, though many did under my tenure
because I was the commissioner during COVID, totally different reasons why the revisions were big.”Exact…
@FD1000,
You are right to be concerned about an incoherent president.
Donald J. Trump seems to have experienced severe mental decline over the past several years.
The American people should demand that Mr. Trump undergo a comprehensive cognitive te…
Comment: You can add Pete Hegseth, Tulsi Gabbard, and Linda McMahon to the list of unqualified morons
in charge. Unfortunately, there is a significant number of these morons in the current administration! :-(
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1979, Paul Volcker took office as chair of the Federal Reserve.
His policies broke the back of 1970s inflation but spurred two recessions.
M* has another good critique of private markets today.
And private equity deals are micro caps generally. The median market cap is less than $200 million, about $180 million. And again, micro caps as a corner of the public equity market are tiny, ti…
@msf,
Thanks for investigating!
"Why does it do that? Testfolio says that the run is limited to 1/4/16 by the inception date of MRFOX.
But the fund started on 12/28/2015, per Marshfield."
I don't know why Testfolio does this. I've experienced sim…
Thanks, yogi!
I subsequently used a website which lists weekly returns to check one of the funds.
The Max Drawdown difference was much less—4.19% vs. 13.43%.
Perhaps using weekly return data instead of daily/monthly data would be a good compromise?
