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.
@Observant1- I was going to hand that assignment to my research department, but I just noticed that they've all been fired. We'll try to rehire them all, but this may take a little more time...
Well, it seems to me that we can, and we do. Not sure what more that we should want.
If some far right posters complain, well, that's their right also.
"I'm not aware of any Trump administration officials who themselves are credible!
If you are aware of any, please let me know."
U'mmmm... let me get back to you on that one...
"However, the DOL also emphasizes the need for fiduciaries to carefully consider the risks and ensure appropriate safeguards, including disclosure, valuations, and addressing liquidity concerns."
I am confident that there is in fact a need.
I am e…
The Schwab recommendation is pretty close to what we have done, although we didn't rely on Schwab or any other specific input for our decisions.
Now in our 80s, at the moment our "reserve savings" are 57% MMKT and 43% fixed income. The fixed is div…
"Persistent outperformance of U.S. equities" from "valuation expansion" not fundamentals" would also have been a good headline back in 2007 just before the market collapse.
The hed and lede of @hank's WSJ article:
The Truth About the Air India Crash
Hooray for India’s investigators, who broke the tradition of covering up pilot error.
In agreement I refer back to my observation a few days ago:"In situations where…
1) I don't know what a P&C agent is...
DuckDuckGo says "Property and Casualty", as in "Insurance".
2) or does...
Aids and abets insurance companies in ripping off consumers.
(larryB seems to have reformed.) :)
And that was civilian stuff. On the Coast Guard military equipment the plate voltages were up into the thousands of volts.
But the two most dangerous shocks that I ever received were from plain old 120vac. One of those was from a radio transmitter …
...and could shock the bejeezus out of you when working on those things. Anywhere from 150 to 400 or more volts plate voltage. I was SO happy when solid state came in.
We're overlooking the fact that, as YBB mentions above, "someone may take the job with -3% cut promise that may be impossible to deliver through the FOMC."
The chairman is only one member of the FOMC, and has only one vote. Evidently Trump's knowl…
@Catch22- Yes, but actually I began my "All-American" 5-tube adventures with the previous 8-pin lineup:
Converter: 12SA7
IF amplifier: 12SK7
Detector and first audio amplifier: 12SQ7
Audio power output: 50L6
Rectifier: 35Z5
Wor…
"Can we get back to focusing on the Epstein files now? "
Sure thing! Here's this over in the OT section:
Send In The Clowns: Elon Musk mocks Trump's claim Epstein files are a hoax
The vacuum tube lineup:
Converter: 12BE6
IF amplifier: 12BA6
Detector and first audio amplifier: 12AV6 or 12AT6
Audio power output: 50C5 or the less-common 50B5
Rectifier: 35W4
I'm not aware of any significant safety problems with the Westinghouse reactors, and a quick DuckDuckGo came up with nothing relating to safety concerns, but plenty with respect to financial misadventure.
With respect to RCA, it's parentage was act…
@DrVenture- In further reading of El Pais I came across this report, which examines Russia's avoidance of import sanctions and restrictions.
Here are a few excerpts from that article:
Kazakhstan, Uzbekistan and Armenia, former members of the Soviet…
@hank- Not having direct access to the official report of the Indian government Aircraft Accident Investigation Bureau Preliminary Report three days ago I believed the cautionary use of "seemed" to be appropriate. I have a major aversion to informat…
"Flight Data Recorder and Cockpit Voice Recorder data seemed to indicate the fuel control switches were physically moved to the cutoff position. Deliberate human intervention was involved."
U'mmm... yes. I thought that had been pretty well covered …
@hank- All I can say is that the official investigation by reputable officials has so far said nothing about any cause other than those switches. Switches don't turn themselves on and off. Q.E.D.
My morning orange juice will increase cost by 50%, as most of the orange juice now comes from Brazil due to crop infestation and failure in the U.S.
The tomatoes that we buy at COSTCO just increased by 30% as they come from Mexico.
Presumably U.S…
The following excerpts are taken directly from the official Government of India, Ministry of Civil Aviation, Aircraft Accident Investigation Bureau Preliminary Report.
Flight Recorders
The aircraft is equipped with two Enhanced Airborne Flight Recor…
@hank- Well, not drivers switching off the ignition, but some serious problems with the ignition switch shutting itself off, with some results similar to Air India. I'll bet that you remember this:
From Wikipedia-
On February 6, 2014, General Motor…