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@hank : to go along with my above comment, checkout Salt & Pepper or vice a verse a @ WSJ 9/27
@Derf, You might be interested in this one from the WSJ 9/26:
“Buying the Stock-Market Dip Is Backfiring. Investors Keep Piling In Anyway.”
- By Gu…
Bonds were so weak today, 9/26/22, that several allocation funds lost MORE than SP500. Here are several familiar ones:
Moderate-allocation BALFX, DODBX, FBALX, FPURX, VBINX, VGSTX, VSMGX, VWELX
Conservative-allocation TRRIX, VTINX, VSCGX, VWINX
…
Thanks @msf for that comparison. I was thinking of the highest grade bonds (government agency or government backed) when I alluded to bonds holding up well when stocks are falling. Should have so stated. And, my intent was to reference equity bear …
“GM Steps Back on Return to Office Policy” (after worker backlash)
https://www.freep.com/story/money/cars/general-motors/2022/09/27/gm-return-to-office-detroit-work-appropriately/69520262007/
Larry Summers came very close on Friday’s WSW (Bloomber…
It’s perhaps the oddest year I can remember. Generally, falling equities are good news for bonds. Real assets / miners haven’t held up any better, though a wee bit of green in that segment today. 2008 was worse for equities, but at least AAA bond…
Sad if they can’t solve it.
Recent news blurb:
“Despite the issue on the component, JWST’s imaging, low-resolution spectroscopy and coronagraphy are not affected and are still continuing. Thomas Zurbuchen, associate administrator for science at NA…
Notice how @Crash’s handle fits so many topics that come under discussion here?
I guess NASA did a better job crashing DART on an asteroid than it did building a flawless James Webb.
Bonds were so week today, 9/26/22, that several allocation funds lost MORE than S&P500
Ditto. Caught my attention while scanning a watchlist I keep. VWINX -1.26% / VFINX -1.03%.
Thought about shifting a bit from my GNMA (etf) into a mining s…
In 25 years NASA’s ability to alter the course of asteroids will be fairly routine. In 75 years terrorist organizations / doomsday cults may possess the same capability. Than - Look out!
Lots of great discussion. Many thanks to all who chimed in (or who may add to what’s already been said).
Frankly, I’m surprised at the continuing carnage across so many different asset classes and non-dollar currencies as well. And I may be prove…
@LewisBraham - The editors of The Capitalist should have qualified the statement with a phrase like: “purportedly remarked” or “is sometimes said to have remarked“. If Rothschild is mythical, than that too should have been made clear. I agree w…
Re - “Hey, like they say, it;s your money. do what you need to do to feel sexy, don't listen to clowns on a chat board especially not me.”
Clownish is as clownish does … @Baseball_Fan, You’ve made some great points re the current state of markets.…
To respond to your concluding question: wouldn't it depend a lot on which SECTOR we're talking about?
Feel free to slice and dice this any way you want.
As others have mentioned, the damage in bondland makes it difficult in terms of any repositioning. One example from the people at Dodge & Cox: Their DODLX (Global Bond Fund) has dropped 12% over the past year. Their supposedly more aggressive …
It helps immensely to have a “magic 8-ball” as Catch references - or maybe a crystal ball (available on Amazon). :)
It also helps to have a long term perspective (if applicable to your situation). And it helps to think of what you own (or buy) as …
“cards close to his vest” - I’d have more faith in that type than those that “let it all hang out.” Re the latter I’d wonder if they were hyping something they‘d like to dump or perhaps telling you what they were doing a month or two ago. Why gi…
This was my first time listening to Tracy Alloway.
I was impressed with her thoughtful insights.
Kristina Hooper was just ok.
LOL - I had the opposite reaction. Thought Alloway (Bloomberg Media) came off as dominating the discussion and professing t…
Interesting article near the end of Barron’s print edition (September 26, 2022) credited to Rick Lear of Lear Investment Management.
Caption - “What Investors Got Wrong About Risk”
Basic premise seems to be that fixed income, particularly bonds…
The leak was in the “quick disconnect” fitting used in fueling it.. That’s a lot of liquid hydrogen to be sitting atop. Many different fuels are used in rocket engines today along with an oxygen oxidizer in varying proportions. Musk uses the more…
It’s interesting that as of yet the media has not picked up on Putin’s war as a contributing factor to the demise of many global markets. I’ll cede that Fed actions / rising rates are largely to blame. But Putin’s calling up 300,000 conscripts,…
”Dam the torpedoes , full speed ahead!!”
Aye aye @Derf / We’ve scuttled most of the cargo, thrown the oars into the boiler and getting ready to fire the lifeboats too! Full speed ahead!
In a recent interview on FOX Trump suggested the FBI was really searching for Hillary’s emails at Mar-a-Lago. Had Sean Hannity shaking his head. The Cobert clip was awesome. Watched another equally good one by Trevor Noah last night.
What’s either encouraging - or scary - depending how you view it, is that virtually every asset class is in free fall. Oil’s in the 80s, down from north of $100. Gold’s under $1700, which is about as low as it’s been in 3 or 4 years. Bonds of cours…
Wow. Thanks. I haven’t noticed Jupiter nights lately. Maybe it rises late. Will keep an eye out. Saturn (yellowish) was pretty visible a month ago. Mars, methinks, is clearly visible evenings now.
Today was a lot nastier than the index numbers reveal. My GNMA fund fell over 1%. Rare. Banks continued to get slaughtered. Many down over 30% YTD. Due to both the inverted curve plus fed’s (regulators) making noise about higher capital reserve requ…
Interesting. It was 3/8 or 3/9 2009 that the terrible bear market ended. A Monday or Tuesday as I recall. The 5th (lowest sentiment reading) was probably the Friday before. I phoned Oakmark and D&C on Friday to get instructions for Roth conve…
@AndyJ,
Thanks for posting the Colbert clip!
+1
Can’t wait to watch it. Should go best with a jigger of scotch later!
(Long day here trying to catch various falling knives)
I know ARKK doesn’t use leverage (Thank the Lord!)
I was using the term to describe the companies ARKK owns which rely on heavy borrowing to stay afloat. Perhaps wrong choice of words.
… So, if the futures get worse, tomorrow's news may be that th…
