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.
“Are you also rearranging the chairs? Or just standing pat.”
“Frozen” might be the proper term. :)
With another home infrastructure project in the early stages I’ve stashed about 30% of the expected outlays in cash (equivalent to tossing a few…
I think the biggest mistake I'm making today is being in the market.
Right there with ya @Mark. Does feel a bit like standing on the deck of the Titanic.
Excellent article. I’m not currently a NYT subscriber. I was granted access with a notation that this was “a gift from someone you know.” Thanks OJ.
The reader comments are interesting - some quite heated. I’m left wondering why someone was “traini…
His behavior and manner of addressing the press is 100% MAGA. Makes me wonder if he’s expecting to be ousted, become a MAGA martyr and then run for Prez or seek the VP spot on a ticket. Stranger things have happened (like the guy that bragged abo…
If someone took away his phone, hid his Sharpies, and gagged him in front of the cameras I'd feel better about buying UPS now. :)
Buying stocks today is a bit like jumping into shark-infested waters. Statements / positions from “on high” change …
I’ve looked at CAT in the past and taken a pass. I incorrectly felt it had some AG ties - but a quick check today revealed it does not have much, if any. As you say, it’s cyclical. A serious recession could affect it a lot. Note the thread now ru…
@Old_Joe. I love your responses to others’s posts (and mine of course). Often you zero-in on a remark late in the post (like my PBS mention). Tells me you carefully read the entire post and considered all that was said. Not easy to do on such a c…
“Houston, We got a problem.”
Big monied interests are buying up media outlets (print, broadcast, internet) and using those outlets to shape / distort the “news” and thereby influence public opinion for their benefit. It’s been going on a long …
From the B&S thread, it appears @rforno put some serious shorts on around noon today. Probably what hit the market.
LOL my short yesterday was definitely not market-moving .... just a few hundred more shares of the ETF!
Thanks for the clarifica…
“You can see a world where Europe, Australia, Japan, Korea, Vietnam, China, all trade together and build a powerhouse in years to come”
I bought a little IAF (Australian equity market) about 5 weeks ago. It’s risen 4.35% since. I’d probably rath…
I read Tesla profits were down 71% yet price is now up almost 5%. I get that supposedly there is more to TSLA than cars but 5%.
A 5% daily gain is nothing for most stocks. It happens. The algos may be buying or maybe some orchestrated meme mob like…
This brings to mind David Brooks' comments on the PBS News Hour during the first Trump administration.
Mr. Brooks stated (paraphrasing) that Trump diminishes everyone who comes into close contact with him.
Sounds like Brooks. :)
Thanks for the specificity @Observant1.
Under $20 gets you the deluxe burger with fries at Jocks & Jill’s where I often dine when traveling. Hard to beat. Why pay more … ?
This raises other questions:
- Was Hegseth providing the security?…
I clicked on the OP link and my first thought when it loaded was I inadvertently loaded a porn sight. It just felt so slimy and greasy, so I closed it immediately.
Good thinking. You might have “picked up” something there ….
One wonders how a “major loser” differs from the regular kind? :)
PBS News Hour interviewed with Ron Insanna this evening after Trump had toned down the criticism of Powell. Insanna credits (without proof) Scott Bessent, Treasury Secretary, as …
Raised my Fidelity basket holdings from 14 to 15 today. Buys: RIV & PCEF. Sale: BWG.
Basket contains 11 CEFs, 3 stocks, 1 etf. Smallish amount each, but together 25% of my portfolio.
Fido’s basket option is neat. But a record-keeping n…
I would recommend reading Randall Forsyth's "U.S. Spending Threatens the Dollar's Status...".
I did “lip service” to Forsyth’s piece in my “Gatsby” post earlier today. Agree with you that a fuller reading is essential. A number of well informed s…
Yes. One of several excellent articles in this week’s Barron’s. Thanks for posting.
(I’ll add that I’m not much of a bond fund / bond investor or very well informed - but do hold several bond CEFs in small quantity.)
Another good read this wee…
While Congress has been abdicating power to the executive branch over many decades (unwisely in my view), the current situation also points to a known flaw in our system of democratic governance with the general populace electing the chief executiv…
James Stack in his latest update to subscribers today:
”Our portfolio remains positive for the year, while the S&P 500 is down -10.2% and the Nasdaq Composite has tumbled -15.7% year-to-date.” - *InvesTech Research
I read Stack but don’t use h…
The Ask the Compound crew received many questions from anxious readers expressing concerns about stocks and the present investing environment. The crew provides some context for the current situation and offers potentially helpful suggestions.
The n…
I enjoy Cuomo, too, many evenings. Goes down easier than the more “in-your face” MSNBC / Fox / CNN. He’s an excellent entertainer. Did an excellent interview with the father of an American Airlines pilot who died in the Washington crash. The fathe…
Oh - It involves much more than the relative value of the dollar vs other currencies on the FX. We’ve had a weak dollar at times during the past 75 years while the reserve status remained intact. I can’t ever remember it being seriously questioned…
Currencies fluctuate. You can find / make arguments for and against a strong dollar. For that matter, if your goal is to profit from currency movements you can invest in foreign currencies thru etfs. Both FXY (invests in the Japanese Yen) and FXF…
Thanks @Old_Joe. Twain was brilliant. He did not tolerate fools well. As you know, his writing career began in San Fransisco. His Life on the Mississippi is a fun read detailing his “coming of age” as a river pilot - a learning curve not unlike tha…
