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.
@Crash
You seem to be very fond of T. Rowe Price.
Not that there is anything wrong with that...
That’s normal. When I moved on to a Fidelity brokerage account (around 2020) I maintained large holds in 3 or 4 TRP funds. Over time I learned ”There is …
Barron's published and article tonight "GM and Ford Get a Raw Deal in Trump’s Trade Pact With Japan" (pay wall sorry, I dropped my subscription).
story here
Thanks for the correction @Junkster.
Thanks @FD1000 for your civil comment and the chart. Personally, I think we all tend to over-emphasize the role of one Administration / President or another in analyzing these market milestones. Domestic and gl…
Maybe AI likes Krispy Kreme … ? (article by Billy Duberstein)
Time to get back to reading Lewis Carroll’s ”Alice in Wonderland”. Makes more sense than today’s markets.
Re DODBX
Morningstar is showing:
47.01% U.S. equities / long only
17.26 Non-U.S. equities after factoring in a 0.15% short position
32.35% Fixed income
2.44% Cash
1% (+/-) Not classified
M*’s listed PE on the equities is 14.36 which is in the s…
Oddly, D&C reportedly just added a skootch of international stocks to DODBX to help stabilize returns. Looks like a "skootch" is 15-20%. M* did something on the changes at DODBX a while ago, IIRC.
+1 We all could use more ”stability” at this …
Mortgage rates will likely rise unless the Fed / Treasury impose some kind of yield curve control. I noted this possibility in my OT.I’ve read that some in high places are considering doing so. It would be a temporary “Band-Aid” - not likely to wor…
I wonder if the recent outperformance of international stocks can continue and begin to reverse this circumstance?
To a large extent that’s a result of the dollar falling against foreign currencies over past year or so. But not all is attributable …
Not sure know which “market” the following numbers represent. But I dug them up in Stack’s latest newsletter. Possibly the S&P 500?
From James Stack (July 18): Current Market Price-to-Earnings 28.3 / Average since 1928 17.7
I’ve chec…
Some have said that Musk has better social media leverage than Trump. And the same might be said of Rogan, who has soured fast on this regime. Both have huge media leverage. Even though both are politically light weight.
Musk could win some lawma…
I happened to catch this one (RUSSO) on PBS. I didn’t even know PBS carried the show. Pretty cool dude. Long term investor who quotes Charlie Munger a lot. Likes Heineken. (There’s a non-U.S. holding if anyone is in need of such.) I’m not a fan o…
It’s getting interesting. Trump may need to move to the left to save his a** eventually as the right fragments. Won’t happen overnight. I’d say Musk (“Who me?”) is quietly behind a lot of the increasing dissent on the right.
(Disclaimer - My view…
To vary an expression often said of boats:
“The two happiest days in a man’s life are: the day he puts up a Starlink dish and the day he takes it down.”
It was great going from cellular-based data when I installed my Starlink setup. Best game in …
I am old school. I haven’t been real enamored of any of the late night hosts since Johnny Carson. Simpler times back then which I miss. Carson wasn’t political, at least in any mean or hateful way.
+1
I think Cobert has tremendous talent but tha…
Federal Reserve’s Waller says central bank should cut rates at next meeting
”A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chai…
Yep.
While non-topical, this is the notion from the article that got my attention:
“Does it even make sense to keep trying (and evidently failing) to place two highly skilled pilots in the cockpit when the job consists of letting the plane fly its…
I’ll simply say that the volatility Trump’s Liberation Day antics introduced into the markets over roughly the first 10 days of April helped me. I bought the dip and sold the rip. This is not an endorsement of Trump or FD. Just damned good luck.
Wow. Crazy. Can count about a half-dozen harrowing experiences in my long life that could / should have ended it. Escaped thus far. Was not aware of the shock hazard. Did a lot of foolish stuff with electricity as a kid but never tried replacin…
Can’t believe Malpass is under serious consideration. Struck me as a lightweight intellectually when he headed the World Bank. Candidates
Yes - if one were to assume logic in this matter it might well be a diversionary tactic.
