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.
Yes, I was going to buy PDO today because it was at par (no discount/premium) after the hit it took. Normally 4.5% premium and paying almost 12%. I almost pulled the trigger. I decided to give up CEF's about a year ago and that kept me from buyi…
I just saw a good interview on MSNBC -- The global investor said " the world is moving on and looking at how to do it without the US" This is going to cause long term problems for the US. FAFO at its finest.
Doesn't matter what he does now. It's going to take a while to recover. Put tariffs aside, more countries now won't buy American products if they can at all avoid it. Forget any US businesses selling anything to Canada. One strange thing... oil w…
Not YB but... I think there is much more to come as I said before due to immigrant deportation job losses, fed job losses, all the research and grant funding cuts will lead to research, college staff job losses. All the support for those jobs (mom …
@hank "I’ve said as much as I can say on the topic already - nothing to add. You guys be the judge of whether or not you’re satisfied with the tenor and direction the board is going."
Yes, you have made your feelings/opinion known several times.…
Don't know??? from Reuters 3/22/2025 (a week or so ago)
11,000 compared to 12,000 last year, so there's that, talk is cheap.
"Trump deporting people at a slower rate than Biden's last year in office"
One major item to watch... oil. If oil comes down a lot (OPEC is increasing production) that could change things. Oil is a factor in just about everything in the economy. Reduced costs to produce/ship goods could lead to no need to past tariffs o…
The difference this time is deportations (losing many workers as base level jobs) , Federal job losses, agency closures, spending reductions and something I don't think is being taken into account. All the research and educations grants that will…
I was just responding to a Tesla thread but I'll delete it. I think Tesla is a short. Is that ok on this thread? Why people can't just skip what they don't like boggles my mind.
The text was 2 hours before the attack. If that was intercepted by Russia (and one of the people on the chat was in Moscow) and they notified Iran, the Houthi's could have prepared their air defenses and possibly taken down our planes. Disgusti…
Sounds good but I'm a "I'll believe it when I see it". Probably true, I miss the days when I was young and we didn't really know the weather (not near as accurate as today) Today's weather forecasts are pretty dang accurate.
You do realize all these Tesla bulls are just pumping Tesla which is probably one of their largest holdings as they don't want to lose anymore. It's all a game. Robotics and self driving... he's been saying that since 2016. It's just a car company…
Schumer said the courts would be closed if govt shutdown so there would be no pushback against Musk/Trump. That's why he says he reluctantly approved it.
They (both parties) do that stuff all the time. Put together bills that have absolutely no chance of passing since they are the minority. Other stupid stuff like put Trump on Mt Rushmore etc... Usually the minority party does them to show what they …
It's not going to be good IMHO. People seem to forget all the grants /contracts being canceled. That's thousands and thousands more people out of work. Besides that universities that rely on that funding will have to let go thousands more. Maybe th…
Not yet... Wait until nobody is available to pick produce, tariffs hit the numbers, layoffs and fed cuts hit unemployment numbers and all those now unemployed start cutting back until they find another job and the auxiliary businesses that supporte…
That's why this time it is different. He has surrounded himself with yes-men... nobody to stop his crazy BS. See this video, start at 2:47 --- Steve Liesman says "what Trump is doing is insane."
A lot is riding on this. Many people don't' invest in China BECAUSE they don't trust their numbers or laws. Our reserve currency is just that BECAUSE other countries trust our numbers and laws. If that trust erodes then others will push for a ne…
Getting tired of writing to my senators:
Tired of writing to you.... are you going to let him scam the country some more? Really crypto... maybe his and Melania's... --- what a joke and congress says nothing. Crypto is only for laundering money an…
I actually don't think Trump will make it all 4 years. Why: Last time he had people to tell him that's a really stupid idea or that's illegal, don't do that. This time he has surrounded himself with "yes" people so there is no one to tell him don'…
