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.
@Baseball_Fan - Thanks for your thoughts. I follow the drift. Bright prospects can sometimes turn into dumpsters. I like the idea behind ARKK. On the other hand I’ve always strived for a low volatility portfolio. Gets back to @Derf’s point in anothe…
I’m not a trained interviewer. Maybe you are. But a Chris Wallace or Jon Stewart would have drilled down more and not allowed her to talk 90% + of the time. To some extent I think the issue of interviewer quality or effectiveness evades the larger …
Is there no fiduciary responsibility to represent an investment offering in as objective a manner as possible - including mention of potential risks?
I ask after viewing a more than hour-long interview with Wood on CNBC Today. My Lord - she come…
Today’s WSJ leads off with an in-depth piece - “The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession?”
Excerpt 1: “There are people who are living in a world in which an aggressive Fed tightening—an increasing possibility …
There’s no way I know of to tell what inflation will be in future years. I hope the low-ball theories are correct. Just for the hell of it I ran a calculation using annual compounding and the latest government reported 7.5% YOY inflation rate. That …
Thee thread doth drift … though I’m all in favor of saving the manatee.
In investment news, the free-fall in fixed income slowed or stopped today - only temporarily arrested I suspect. All mine were flat or slightly up: DODIX, CVSIX, PRIHX, DOD…
@stayCalm- "OT" refers to the "Off-Topic" MFO discussion section. It's the designated section for commentary which has either very limited or no direct connection to financial matters. msf's unwarranted snub notwithstanding, some of the oldest if no…
@sma3 Thank you for catching my misstep. I’ll (cheerfully) edit earlier post to delete comment.
Here’s the name of DFND - Clearly not a Simplicity offering: Siren DIVCON Dividend Defender ETF
I don’t have any opinion on PFIX as long as folks und…
It’s an interesting snippet. Sorta what my humble non-expert view might be. But one who tends to view worst case scenarios. Off and on there’s been talk of “liquidity problems” in the media. Most recently on Bloomberg’s last Wall Street Week show…
From today’s Wall Street Journal - February 14, 2022
“In a highly unusual move, the Canadian government on Monday invoked a series of emergency powers that include limits on public gatherings in a bid to end disruptive demonstrations in the capital…
Monday was a bit curious in that most of the defensive funds I track (about a half dozen) failed to hold water in the face of a rather broad based market selloff. HSGFX managed to loose .44%.
CCOR lost 1,50%. SWAN down .88% And DRSK off about .30%.…
I have no opinion on “transitory” or “non-transitory”. Nor have I any opinion what folks should buy if it turns out to be the former or the latter. But Barron’s this week seems to confirm what I’ve been seeing for about a year when I grocery shop.…
Price’s RPEIX has a similar mandate but is much lower octane than what you’re messing with.
Here’s a blurb from TRP: “The Fund seeks high current income. The Fund invests at least 80% of its net in bonds, and seeks to offer some protection against…
Just don’t lose sight of the fact the same individual is also bearish on equities. “… guiding the financial markets into a very nasty mess“ encompasses a lot more than just bonds.
FWIW - I checked RPSIX the other day and it seems to have held u…
Thanks @Crash / I wasn’t even aware M* provided that kind of analytics on individual stocks. ISTM they made their mark evaluating & rating mutual funds.
I was searching for something like @davfor’s chart last evening. Finally dawned on me this morning that the free Bloomberg ipad app lists YTD performance of many markets - domestic and international. Stuff like that helps me get my head around wher…
I wasn’t aware websites were required to “obtain consent” to track before Apple clamped down only a few months ago and imbedded in their devices the requirement trackers announce their presence and ask consent. ISTM up until Apple’s proactive move …
@rono has it right. This “race for ratings” (eyeballs) has been going on ever since Cronkite went off the air. Goes back at least to the OJ episode. The political angle of all this escaped me at first. Bloomberg has covered it 90% as an economi…
“Too bad they only have a 1 to 5 scale, and no negative answers.”
Sounds like a negative 5 rating. Wondering if VG employs the same “customer satisfaction” team as TRP?
Just a quick “Thanks” to those members who steered me to Fido in mid 2021. (T…
(one relevant excerpt)
“Former president Donald Trump, Senator Ted Cruz (R-TX), Senator Rand Paul (R-KY), and others have endorsed the convoy, and the Fox News Channel has talked about the convoy two and a half times as often as CNN and five times…
@AndyJ - Big Jeff Daniels fan. I’ll have to watch this some time.
BTW - That hat looks nearly like what I wear all winter. Nice warm ear flaps for those nasty blasts off partially frozen Lake Michigan. Escanaba’s maybe 100-150 miles across northe…
I know you said “this year.” But I’m blinded by a sea of red from Thursday. Only TMSRX (+.30%) and RIO (+.80%) were green. Just glancing at Dodge and Cox, looks like most of their equity funds are flat or slightly up for the year. Could change with …
What they say isn’t necessarily what they do.
As if gold / miners needed any more reason to slither lower. Gold’s only off $4 - but p/m miners off 2.50% at 3 PM.
Fed’s Brainard Calls for 1% Rate Hike By July
Feb 10 (Reuters) - “St. Louis Federal Reserve President James Bullard said on Thursday that he has become "dramatically" more hawkish in light of the hottest inflation reading in nearly 40 years, and …
I used todays updraft to unload portions in a couple of positions. After reading an ARTICLE posted today by Jim Sloan at SA I'm taking a peak at Japan ETF's. I'm not sure that I will scratch the itch but I am interested.
I used today to add a bit to…
Of course. But I haven’t seen that connection. In Canada it appears to be anger over having to wear face masks and be vaccinated to cross the border with their rigs. It’s a big leap, I think, to relate that to Fascism.
To make sure there was…
Who said anything about civil war? You are are surely aware of the chaos in Canada’s capital Ottawa and at the U.S. Canadian border crossings at Detroit and Port Huron, Mi.? There’s already a severe shortage of trucks and drivers which is affectin…
If you feel like gambling a bit, New York Life has a series of ETFs that claim (attempt) to track the returns of various types of hedge funds. All look interesting. But most have exhibited poor / lackluster performance. Two look promising: QED -…
I recently deliberated adding GATEX, but didn’t bite (went with more conservative fund). But GATEX’s a good fund - which I’ve owned in the past. Lost about 14% in ‘08. (For reference - PRWCX lost 27% that year.) Personally, I’d sacrifice a bit of …
If you can do it online it’s pretty simple (knock-on-wood). TRP may be one of the few that makes the process difficult. I ended up having to submit paper copies. But in moving PRPFX it was done on line. Took 2-3 days to complete. Fido let’s you att…
So is NOW the time to start nibbling ?
Nibble at own risk. Re ARKK - It’s a gamble. I still own some DKNG which is one of Wood’s babies. I’d probably sell on a 15-20% gain as it (along with ARKK) are outside my general tolerance level. I’ve done …
