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.
@Ted: I completely agree, and that's the exact reason that I made no comment on the article. It's an accusation at this point, and nothing more until proven one way or the other. For one thing, I'm a bit skeptical about the odds of a second major "f…
@LewisBraham- I hope that you're not suggesting that our government would attempt to distort reality. Why, that would amount to an attempt to be less than truthful to the citizens of this great country!
(If we're not really great again yet, we're s…
Hey David- re-read Hank's comment- he's not saying that one party or one set of executive actions isn't actually responsible for initiating or amplifying problems- he's simply saying that it's impossible to assign blame that all sides will agree on …
"It really makes no difference with a long time horizon."
And that is one of the most important facts to always keep in mind. It's also the reason that Ted, myself, and a few others here have greatly reduced our exposure to the markets: when you hi…
@hank- good luck on that one. As you well know, over the many years there have been a number of posters who stoked up fights because they had deeply felt partisan positions on economic matters.
Not seemingly the case here. More like hollering "fire…
"Since 1890, U.S. real estate has produced an annualized return above inflation of just 0.4%, as judged by the Case-Shiller U.S. National Home Price Index and the consumer-price index."
"U.S. real estate". "U.S. National Home Price Index". There yo…
"Homes that were purchased for $30,000 in the 60’s are now worth over a million."
No, they're definitely not worth over a million. However, they do now cost well over a million.
And the Midwest grain storage facilities are now overflowing with grain unsold since the tariffs became effective. At least our Canadian friends won't take advantage of us by selling their grain to China. Oh, wait... I forgot... our master negotiato…
@AndyJ: Yes, sir- that's a really good question, isn't it? The way things seem to be heading it looks like we'll have to wait until the next downturn/panic to see reality in ratings. Yet again.
Treasury Department designates China a ‘currency manipulator,’ a major escalation of the trade war
Following are selected excerpts from a current Washington Post news article. The article has been substantially edited for brevity.
BREAKING: A Trea…
The main problem is that even in open-carry locations most people only have a pistol. What we really need is a government-supplied rapid fire 100 round "hunting and target rifle" issued free to each and every citizen. Write to the NRA on this!!
Am still holding 5000 shares of International Buggywhip (IBW). Hoping for comeback any time now. When that happens, am going to sell and buy a modern tech stock- thinking maybe Blackberry. You've got to stay on top of these things.
