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.
Appears, @hank, that Starlink might be available in SE MI in 2023, or so they say.
@BenWP - Wow.I’d assumed they covered the entire U.S. by now. It was such a high priority with me I signed up / applied for the beta version in early 2020 and was f…
“We live on Cape Cod where unless you can run your internet off your phone ( hard to do with movies etc) yo have one choice Comcast.”
I’ve had Starlink for about 18 months and it’s terrific internet at $99 monthly plus a one-time $500 for the equip…
Hard to get fricken up to date news. The cable and network news shows are mostly portraying this as a soap opera with lots on one-on-one “human interest” stories and interviews from Ukraine of dubious value and ignoring any strategic information …
If Russian missiles are coming in your direction and only 11 miles from your border would you take any actions? I’m thinking maybe planes were scrambled by Poland and/or NATO, missiles tanked-off or armed? targets acquired? other measures taken?
…
Nasty day Friday. One pundit (supposed market authority) I follow recently acknowledged owning a “speculative” position in Overstock (OSTK). So, I started tracking it. Down over 10% Friday alone. And DKNG, which I once messed around with, was off 8…
I don't think so.
It may be just a warning for the new arms supply caravans moving openly through the Western Ukraine border and/or gifted old MIG planes flying through the Western Ukraine borders.
Until the last few days, the Western Ukraine had …
Those of you with good memory, could please share how (Fed, fiscal, turn in business cycle, or simple exhaustion) we snapped out of the 2015/2016 correction / bear market?
Hmmm … Not to make too fine a point of it, but the S&P lost less than 1…
"Russia may decide it makes sense to tempt a NATO country into participating in the war" For what possible reason at this point?
I read the quoted post a bit too quickly. Not in full agreement with it. I agree with @Old_Joe to the extent their mo…
Russia may decide it makes sense to tempt a NATO country into participating in the war by targeting arms shipments headed to Ukraine while they are still in route through NATO countries that border Ukraine.
Russia warns U.S. over arms shipments to …
OJ - You’re one sharp dude. You say you never attended college which is hard to believe. Yet you can run circles around many I know who attended, graduated and hold degrees.
Re - “people (like me, for instance)“
Bull**** !
Well now … Here’s a cover that also expresses a somewhat contentious point of view on one of the most pressing issues of the day.
I also think there’s still hope for the struggling “Off Topic” section when Barron’s latches on to one of the topics b…
“President Joe Biden reiterated that America will not send troops to fight in Ukraine, saying that doing so would mean a direct confrontation between NATO and Russia and thus “World War III”. “
Makes you wonder why we spend billions on weapons too …
And PLEASE- despite what @hank suggested, let's not all start putting everything in CAPS to see who can shout the loudest around here. He, of all people, should know better- maybe he was only kidding, I hope.
BUT HE SAID HE WANTED THE POST TO BE NOT…
Hi Derf, I’m a long time reader. Two-part answer. Need to separate the opinion section from the news reporting.
The WSJ‘s editorial board is notoriously conservative - to the point I hardly ever read their editorials. That said, they appear to s…
Thanks @Mark. I reversed the 2 parts. Hopefully cures the problem. While I admire Cobert’s talents, they’re often sorely abused on the show - resulting in a lot of garbage. This interview is a welcome exception.
Commodities will work until they don’t. Like equities, they are prone to boom and bust cycles. No way to predict how long this bull cycle will run. I looked at the James Stack charts / suggested allocations this morning to make sure I wasn’t wildly…
+1 @Catch22
Well … Amway sells a lot of cleaning & disinfecting products …
Yes - A pious lot over along that southwestern coast. A good friend at work would kiddingly refer to religion as a “crutch” - necessary for some people to cope with a…
Pretty funny that Amway and Herbalife are still there, given their pyramid-scheme-like structures. Also, there is of course the Betsy DeVos connection to Amway. I can imagine what the Amway salesmanship in a country like Russia might be like.
Thank…
@Derf. Brilliant idea. But if you really want more attention, TYPE YOUR TITLE IN ALL CAPS. That will get you some serious eyeballs! (old editors’ trick) :)
I cut the cord with DirecTV back before AT&T sold the looser they owned. I’d say what…
Recently trimmed my fixed income sleeve to 25% from 30%. Added to alternatives. All my bond funds stink this year. DODIX down over 4.5% YTD. PRIHX off a bit less than 4%.
His theories seem to be well grounded in what's actually going on in the real world, and I respect his efforts to anticipate what's going on, but unfortunately in this arena there's just so many unforeseen variables that I don't think that any econo…
From the same WSJ Article. Photo of economist and former U.K. central banker Charles Goodhart
who in March 2020 predicted inflation of 5-10% post pandemic.
Looks believable to me.
+1 Thanks for the history @Old_Joe. I didn’t know (or remember) how convoluted the whole process had been. Guess we’re fortunate to be where we are. Yes - the new folks at the helm need and deserve everyone’s support.
And the term “Mark Twain” originally referred to a river depth of 2 fathoms (12 feet) which was considered minimally safe depth for a riverboat to operate in. BTW - no problem with those photos here.
10,000 feet down is hard to fathom. Fishing Lake Michigan for trout & salmon years ago we’d occassionally get as deep as 150 feet using lead weighted downriggers. These had a lead ball 10 - 12 pounds in weight attached with a “trip” mechanism …
Most in my neighborhood heat with propane. Nat gas just came in, but having it “piped” to homes is expensive. A lot of screaming here about the cost of heating this winter. Looks like petro-based heating costs are probably up more than 35% over pre…
No argument with any of the above. Just trying to clarify why there are two categories. I’m as guilty as anyone of trespassing beyond the dividing line - however it is defined. I think not having the OT section surface as one legitimate category wh…
”There will be those who will disagree with a category posting. I always expect that someone here should state their difference of opinion about a topic. But, I also expect proper manners in any debate, not a rant.”
Agree. And I’m not aware of any r…
@hank: our 2017 Accord has no volume knob for the sound system, however our 2019 Odyssey does. I heard that Honda owners complained about no old-fashioned volume control and the company responded. How about your Accord?
Yes, In reading up on the Acc…
Well, pour yourself a tall one!
I haven’t been a serious player in commodities for a long time. RIO was up slightly today (to my surprise) and my two precious metals miners were slightly up - even though gold fell about 3%. Gold got hit a lot har…
You would have done very well today
I assume you mean shorting oil. Yes, it was off 10% at last look.
Shorting is fraught with danger. I suppose a tech savvy player would be able to employ some type of stops to limit damage. But, in theory, your…
Generally agree. Depends what you consider a pullback. I’d prefer 30% or more. But Price’s TRBCX - a pretty good fund - was off more than 23% YTD as of yesterday. Might qualify for a long term investor. Likely to bounce today, however.
If you li…
A little more from @Devo’s linked WSJ article:
“He argued that the low inflation since the 1990s wasn’t so much the result of astute central-bank policies, but rather the addition of hundreds of millions of inexpensive Chinese and Eastern European …
I know folks who love those big older models for longer trips. Lincolns, Mercurys, Oldsmobiles from the 70s & 80s. Can’t beat the ride.
Maybe I’m elitist. But my first foreign job - a 2018 Honda Accord - has me leaning that way for another wh…
You’re fast OJ! I had “elitist” in there momentarily & knocked it out revising.
Nice commentary on the work strata. The “elitists” would be without air conditioning, water or toilets without the skill-set and knowledge of those “lower” down.
…
Hmm …?
Does “EAP” mean those of us who frequent the “off topic” section? Could be. Not exactly a “beehive” of activity here. And I noted a disparaging comment by someone over on the “topical” side.
