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.
not sure giroux is more enthusiastic for bank loans than type floating rate.
but i buy into his thesis that private credit boom has resulted in bank loans getting safer than their possible rating.
yep, sentiment indicator is the marginal discretionary, not the auto-indexer flow.
however, relative to auto flows, it would be very interesting to suss out retirement plans trading out of their u.s. indexes.
WABAC,
contrarian to diversify their traditional negative total return lineup.
(ouch ! GP never provides substantial coverage into individual names to allow a real feel into their process, but outlook seems sensible. luckily i stayed away in che…
i like the change as longterm holder. disagree w/author that one should rationally choose an index in this space.
"...no reason to rush into this active fund over its index fund sibling."
speculating that vanguard finally accepted 'risk'-adj perfo…
in partial agreement, real investors should not care so much about a president that is made of misleading falsehoods and every daily pivot is some sign of genius. but nothing is booming like the MAGA excuse economy.
and regardless of self claims,…
no, i stand by my statement there nothing more useless than a single day up\down note on asset classes.
my disdain for politics is their potential negative impact on society. we know there is a very strong longterm correlation to that and local e…
nothing more useless than single-day up\down comments. the investing mantra has gone in a few months (for some) from 'turbocharged USA!!' to 'i dont know the future'.
that is either progress or retrospective reality.
straw poll indicates biz ex…
GARP is entirely about a 'sensible' slugging %.
they still err on the side of holding overvalued equity and rarely exit pre-peaks.
it meshes well when if there is also a sensible strategy in complementary asset classes.
i remain open to the presidential trope not being a perfect forecaster, since this time is congress and judiciary are complicit.
here is something more fine-grained with regards to now :
https://www.isabelnet.com/probability-of-u-s-recession-as-…
the trump bump happened in expectation of all things stimulative, none which have been enacted. (the regulation changes appear short-term cultural than economic. just take initiative for your own clean air and water.)
thus, a mkt recovery by some…
there is certainly nothing booming quite like the MAGA economic excuses sector.
it has dethroned doomsaying clickbait , wrong for 4 years, but still going strong.
WABAC, agreed, the daily\weekly\monthly market is not a reliable indicator of weighing the longterm cost to society.
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 …
for the stupid, rhyming is too complex and history fully repeats.
last time this became an Econ101 case study, showing how metal tariffs cost multiples in domestic mfg auto sales, not to mention exports.
brookfield's mark carney is leaving to become Canada's next PM and deal with trump. carney also has experience as Bank Governor for 2 nations ; this is bringing a bazooka to a pillow fight.
on top of that, the Canadian people seem pretty tired of …
is the 'trump bump' over already? this is not even month 3, why no warning by financial pundits on any left\right wing network?
what happened to supercharging the american economy and the golden age of grift? i guess the same thing that happened to …
never once has trump mentioned americans are willing buyers of all the drugs he worries is linked to some trade imbalance.
so the group he could actual impact the most, drug-consuming americans, are not humans to be treated, but part of some MAGA p…
i doubled my stake in VWALX, but it will not remain my largest tax-free holding as i continue to shift from taxable liquids. i wish wellington would explicitly state they have flexibility in going much shorter (
IAV has concluded its multi-part series on the plethora of bond choices at vanguard; highly recommend to anyone w/subscription.
regarding my discomfort with Baird due to their their penchant for charter schools, i ran across this for texas, where …
just a reminder that Marks outsized performance came from crisis periods where basically no new money was coming in voluntarily. he was using untapped but contractually committed funds.
outside of these periods, he has mediocre results.
both mark…
this has been some time in the making, as institutions have self-capped allocation for a few years now. marketing is no longer restricted to hnw clients.
lobbyists not needed, and will be faster\cheaper by giving trump & cronies their cut dire…
ran across this post on tariffs and business uncertainty; so simple AND brief that even some MAGA may be able to grok it.
https://brianlangis.wordpress.com/2025/03/04/on-tariffs/
we all know capitalism is extremely adaptable, and the shortest path…
instead of feeding the troll, let's find common ground.
we are equally amused at the heap of pain on lower income MAGA, despite no chance they are capable of attributing any of it to the gop or trump (as shown by trump re-election...where are all t…
no one seems to be pointing to the simplest reason for a coerced sale of foreign assets to american billionaires.
was fink forced to do this? is mnuchin being forced to bid for tiktok?
cronyism first, any benefit to america in general are coinciden…
FWIW, trump has a history of backing away from china tariffs, and dinging friendshoring nations once measuring the net effect of retributive tariffs. in the past, canada and mexico used to just accept it was the cost of being friends with america …
saving more relative to income does not mean they (the least wealthy) have maintained or improved purchasing power...the thesis is that more robust\complex (e.g., equity) investing is needed to have a shot at that, but its less likely to happen.
to…
why does anyone believe trump will be held accountable? this is year 5 of MAGA swallowing any deflected blame, and if some local gop shills take the heat, no biggie.
trump has yet to even use musk's 'oops, i'll fix it', which will buy a few extra…
uh, no. and not sure how m* is involved for jpm access.
https://am.jpmorgan.com/us/en/asset-management/adv/products/undiscovered-managers-behavioral-value-fund-a-904504495#
(sorry, no diet preferences in 'this most important overview' thread)
the politico article seems like pretentious nothingburger to get the rightwing agitated.
dont like gov stats , such as on inflation? do some work, there have been independent tr…
this seems like pretentious nothingburger to get the rightwing agitated.
dont like gov stats like inflation? do some work, there have been independent trackers around for a long time, and what's more, they dont hide behind opaque proprietary nonse…
i personally agree, but this is ultimately an investing forum.
and in such, the 2 most hackneyed phrases are :
' i am here to make money'
'i am for anyone\anything that lowers my taxes'
can you believe there exists anti-ESG funds? some people are…
for those interested in whether evidence can help make money on this theme, there are multiple good interviews from perth tolle, founder of the freedom index etf.
of course this is a long-term strategy as regimes tend to move away\towards autocracy…
