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.
I'm very familiar with PG&E's Helms pumped water installation here in California, and have always admired that installation, built in the 70s and 80s. I had never heard of gravity storage, a similar concept, until now. It certainly seems like it…
Since we're taking a hard look at the legal underpinnings of all of this, here's an opinion by Bloomberg's Matt Levine. Mr. Levine was a former investment banker at Goldman Sachs, an M&A attorney, and a clerk for the U.S. Court of Appeals for th…
Yes, for sure. Note that the appeals court has made no actual ruling on the merits of the US trade court, but has suspended that lower court ruling until the appeals court can actually hold a hearing on the matter. That has not even been scheduled, …
Following are excerpts from the United States Court of International Trade webpage:
The United States Court of International Trade
From the time of its establishment, the United States Court of International Trade and its predecessor bodies have b…
@WABAC- You were actually pretty close on that-
"One Man to rule them all, One Man to find them, One Man to bring them all, and in the darkness bind them..."
The current president and his acolyte FD1000 are living proof that there are those who know the price of everything, and the value of nothing.
Oscar Wilde knew the type when he saw them.
So far the "markets" have been reacting negatively to the White House nutjob, perhaps (who really knows?) prompting the almost immediate delays or reversals shortly after the insane "announcements". If the markets develop an immunity to this stupidi…
I mentioned, above, an interesting report that I read some time ago concerning the possible future of the European economy. I erroneously thought that it had been in The Economist, but it was actually in The Wall Street Journal, and it's main focus …
I don't want to throw cold water on the European stock picture, but I have to tell you that a couple of weeks ago there was a lengthy and detailed report in The Economist which was very negative on the general business future of Europe vs the U.S.
…
If anyone is still laboring under the delusion that the policing forces of any country are driven by a respect for the rights of an individual this sort of thing puts paid to that.
In my years with San Francisco Public Safety I came to know quite a…
I was just saying to my wife that San Francisco will soon be renamed "Trumpville". If he is allowed to be the sole arbiter of place names what's to stop him?
Evidently in this proposed "budget" is also a section which is designed to limit the power of federal judges to hold people in contempt, potentially shielding President Trump and members of his administration from the consequences of violating court…
With all of the current attention on various government services that are being eliminated, it tends to encourage thinking about things like this.
• Who benefits from the Air Traffic Control operation?
• Commercial Air Carriers
• All passengers…
I completely realize that this is very selfish, but I guess that I have the present administration to thank for the fact that interest on our SUTXX MMKT over at Schwab is headed up again.
I have to note that this is certainly not the first time that the airline interests have responded to the problem in this manner.
A bit of history: Back in the 60s/70s when I was a controller, FAA Air Traffic Control (ATC) had no equipment capable…
@hank- You well know that I respect your opinions almost across the board. But I have to note that if a proposed federal budget results in a financial downgrade that "may affect mutual funds I might own or be thinking of buying", the situation, inc…
It's pretty easy to observe that much of the benefit of Trump's $3.8 trillion tax cut goes to those who are certainly not struggling to get by. @FD1000 blithely dismisses that with the comment that "The rich get richer is old news."
It certainly is…
@dsuttr: Has it ever occurred to you that before something becomes "vindictive" there had to be an initiating event? Maybe we should cast a glance in that direction.
And exactly why is it "vindictive" to invite @FD1000 to comment on the pending maj…
Earlier in this thread I invited @FD1000 to comment on the pending major increase in US Government debt, which of course is "the much larger reality"... he evidently doesn't care to say much on this subject.
I also get a chuckle out of his commen…
Fact, I'll put my money on Jamie Dimon's read on this.
Fact, I very much doubt that you're going to worry that your tax-break money will be coming from medicaid allowances for the poor.
Fact, I very much doubt that you're going to worry that your…
"The coddled, spoiled, under-taxed wealthy have effectively been cannibalizing the rest of us for many years."
H'mmm... some good points. I wonder if maybe ol' FD fits in there someplace? That might account for his silence here.
Earlier in this thread I invited @FD1000 to comment on the pending major increase in US Government debt. I see that he showed up here (just above) but evidently doesn't care to say much on this subject.
JP Morgan chief warns of ‘complacency’ as markets look past credit downgrade
Jamie Dimon says possibility of stagflation far higher than investors realize as markets shake off Moody’s triple-A cut
Following are excerpts from a current report in Th…
