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.
Didn’t mean to suggest anyone was talking their book ... :)
I’ve cited Blackrock’s global fixed income head Rick Rieder on a few past occasions who sounds ecstatic about opportunities in fixed income. I haven’t a clue - except to say that 3.85%…
I’ll just note that (bullish) Gibson Smith manages a bond fund. :)
Thanks Yogi. An interesting write-up. These rankings do wax and wane from year to year. Some like American (Capital Group), however, seem to defy gravity and receive top mention re…
Might just as easily have gone the other way. Then $$ would have poured in. So many markets have been running “hot” and “cold” lately. Enough to give anyone the jitters. Point about leverage well taken however.
ARKK +34% YTD. (NOPE - I don’t own it…
”The software giant launched the new Bing last week, promising a new kind of search in which people pose questions to the search engine in natural language … In some cases, the search engine seems to become unhinged and express anger and love. Micro…
It will be interesting to see if the District Attorney indicts any witnesses for perjury.
High-profile witnesses include: Rudy Giuliani, Mark Meadows, Sen. Lindsey Graham, Gov. Brian Kemp, John Eastman, and Newt Gingrich.
I’d guess Rudy’s a foregone…
@Old_Joe … I was ”living large” in those days. Paisley vinyl top and all. Always thought you to be the more practical type. :)
Image / Funny - that $2,800 car brand new now sells for $19,900 used. Damn. Should have held on to it.
@LarryB - interesting. I do recall interest on inventory being hard on dealers. Quite a contrast to today’s low inventories. In 1970 I walked away with a new Plymouth Fury for $2800. The dealership near Detroit was loaded with them all at that price…
Regarding recent WSW attention paid to the “Soft landing, Hard landing, and No landing” scenarios -
Am awaiting the introduction of a new line of mutual funds or ETFs. The ”Hard Landing”, “Soft Landing” and “No Landing” series. Invest in t…
Yes @LarryB - For us boomers there was a bright side in the past round of inflation. Homes / real estate appreciated a lot. Depended on the mortgage rate of course. But with a fixed-rate mortgage, even at higher rates than today, some of us made out…
This article helps explain the European liquidity issue. Monetary / fiscal policy works with a lag. @Crash is correct that the ECB has recently tightened. However for much of 2022 its policy was stimulative. Actually, the point both the WSW guest…
The more I watch this weekly program the less I take away. Sometimes the show’s “highlight” amounts to a 30-second Lewis Rukeyser clip pulled from the archives. For the life of me I don’t understand why most of the discussion is so bland. Not ba…
Friday night viewing (2/17)
Off the Record, our excellent PBS state political discussion from MSU’s WKAR TV devoted their entire 30-minutes to the MSU mass shooting, weaving in nicely the Oxford Michigan school mass shooting from late 2021.
Howeve…
It seems to me about 70% of the time when I sell something it comes back to life.
Frustrating, isn’t it? I’ve had 2 or 3 like that the past 3 or 4 months. One stock I bought on a Barron’s recommendation in the fall only to watch it decline more…
Model Portfolio / Allocation Model … ?
To me they mean about the same thing. In essence, these are planning devices to help assure the risk you are taking is appropriate to your own situation and that you are well diversified across asset classes. …
Thanks all for the above insights!
Kolanivak isn’t just another market pundit. As a spokesman for the investment arm of JPMorgan Chase he commands a very high stature. If size and financial influence of company or institution is considered, the ad…
Thanks @Crash.
Question for anyone in the know … Does J.P Morgan service clients (other than MarketWatch / media in general) who pay extra for “superior” investment advice, or do they meet out such advice impartially to rich and poor alike and a…
”Watch out for the mutual funds, though."
Depends which funds I suppose. Some of the miners (p/m and industrial) were flat or up slightly. But some of the p/m miners got hit pretty hard today. Gold actually gained a tad. A few funds I track (but do…
@Hank. Re: TAIL. isn’t that managed by the great Meb Faber?
From the Prospectus: “Mebane T. Faber is the portfolio manager for the Fund and has managed the Fund since its inception in February 2016.”
@larryB - I’ve dug up a fairly recent int…
@AndtJ / Thanks for sharing. You motivated me to read the Wikipedia article I’d linked. Yikes. What a sad but intriguing look into the mind of this psycho. Material for Capote or Hitchcock.
”There is also a bit of the conspiracy theorist in me that thinks the FBI knows the motive for the Vegas attack and for some reason isn’t disclosing it. That is unsettling in a different way.”
As I recall, the perpetrator was an otherwise seemingly…
More …
The first one I remember as a teen:”The University of Texas tower shooting” (1966) https://en.wikipedia.org/wiki/University_of_Texas_tower_shooting - They were rare in those days. It garnered much more attention and public outrage than what…
Biden Administration thinks 3 objects shot down likely tied to commercial or research activity and benign.
Story
(I’ve deleted a half-baked theory of mine that perhaps these were spy vehicles deployed from satellites.)
Just sickening. Good kids. Worked hard with the support of parents and teachers to make it to a great university. Might have changed the world for the better ….
Hell, if those are alien UFOs trying to observe what’s going on down here we don’t need…
Given the size of the Buffett's estate, the 90% allocation to stock index funds might be far more acceptable than in this case. If you've got several billion dollars lying around, losing a billion or two to a stock market decline in a year isn't lif…
FWIW - I track TAIL / Hasn’t been able to get out of its own way in the year + I’ve watched it. I realize that longer term it has to fall. But still find the constant slide curious. Points to a lot of complacency IMHO. Even a broken clock …
Blo…
Thanks @catch22. Keep us posted if you see any green (or pink) men wade ashore. :)
Great map. Brings back memories of many road trips over to Manatoulin Island, Canada, on the NE side of Lake Huron. Big car /passenger ferry runs back & forth …
Starting to sound a little creepy now. From today’s Wall Street Journal - 2/13/23:
“The U.S. wasn’t tracking other objects as of Sunday night, said Air Force Gen. Glen VanHerck, commander of U.S. Northern Command and North American Aerospace Defen…
Well … Traveling easterly from Lake Michigan and across the state will carry you out into Lake Huron. Probably 150 miles or so from coast to coast. So pretty sure what they shot down over Huron was the same object they tracked across Lake Michigan …
@hank
FAA briefly closes airspace over Lake Michigan for ‘defense activities’, Feb. 12. Hope no one had a must have flight in or out of TC airport, eh?
One might conclude more than normally scheduled 'air national guard' training has been put in p…
”if you are hedged”
Therein lies the problem. How much to hedge and what instruments to use. @BaseballFan had good luck using HSGFX last year I believe. Some use (inverse funds) SPDN or DOG to hedge. I believe investment grade bonds AAA rated …
I’m beginning to suspect Russia is doing some probing of our defenses (notwithstanding China’s recent balloon). The nearest foreign country to Alaska where some of these have first appeared is Russia - actually visible across water from some points…
Holy crap. My home near Lake Michigan has been repeatedly buzzed by low flying military jets for about a hour today. Noisy as hell.
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