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.
Yes, I keep a mix of T-Bills, FDIC CDs, and Mmkt. I just wondered if the Mmkt rate creep might be "forecasting" anything in particular. If not, we can always fall back on chicken intestines and tarot cards.
So much for speculation on the press. With respect to our glorious leader, he has an "executive" mindset that the head of anything has absolute power and control to personally determine every aspect of that organization. He regards himself that way,…
"Guess what: it doesn't work that way."
Exactly- I completely fail to understand why the media doesn't seem to understand that. We know damn well that anyone reasonably familiar with the FOMC knows this. Perhaps most of those seemingly naive articl…
I'll leave it to more sophisticated observers to comment on the implications, if any, but it does seem to suggest that (supposedly non-existent) inflationary pressures may be driving up these rates.
"Does anybody here seriously look at the most recent Bureau of Labor Statistics numbers before throwing $$ at this fund or that fund?"
Maybe not too many here at MFO, but do you really believe that the Fed doesn't take a real hard look at those num…
"Subsequent payroll employment releases are therefore more accurate than the initial release."
Not if Trump says their not. You obviously don't understand the underlying principles of our new improved reporting systems.
@larryB- Now don't be too hasty... maybe Ford would be a great investment right now. Oh, wait... maybe not... seems like Trump's really stuck it to them. Oh well...
Well, that's one more seat on the FOMC that will bow down before Trump, regardless of what the actual facts of the economy are. Then again, after Trump fires every government employee who dares to report something that he doesn't like nobody will re…
Too serious for that... the people over at the Fed certainly cannot stop paying attention, nor can any financial operation that depends on accurate information on the economy.
This bozo of a "leader" cannot grasp a situation of any complexity. He s…
And these additions, from a report in The New York Times:
President Trump unleashed his fury about weakness in the labor market on Friday, saying without evidence that the data were “manipulated” and that he was firing the Senate-confirmed Departmen…
@hank- And, sir, in that very vein:
A report from The Guardian:
Donald Trump has said he’s ordered the firing of Erika McEntarfer, the commissioner of the US Bureau of Labor Statistics, hours after data showed US employment growth was weaker than e…
Wow. Section 338 is surely heading our way next. Talk about "vague"... "Discrimination against US commerce" could mean anything that he wants it to. And how would you even begin to challenge that in a court?
FWIW, I've been very interested in this case since it was filed and slowly worked it's way up the chain. My guess is that it's going to be Roberts's call, and he is unpredictable as far as I'm concerned.
It will undoubtedly be taken by Trump to his "Supreme" Court:
"THIS SUPREME COURT IS THE BIGGEST, BEST AND MOST SUPREMEST COURT IN THE HISTORY OF THE UNITED STATES, and IT'S ALL MINE !!!)
