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.
FD1000 said: "First, this thread is political and should be in OFF forum."
“Another wipeout walloped Wall Street Friday,” Stan Choe of the Associated Press wrote today. The S&P 500 had one of its worst days in two years, dropping 2%. The Dow J…
Yes sir, that scenario is quite plausible. But outfits like Toyota, for instance, might not understand how to play the game. Any way you look at the situation, it ain't too good.
Here's a couple of very short excerpts from David's CNN link above-
President Donald Trump says he pardoned Trevor Milton, the CEO of now-defunct hydrogen and electric truck firm Nikola, in part because he believed Milton was persecuted for supporti…
@Crash- the 2024 campaign...
"Milton and his wife donated more than $1.8m to a Trump re-election campaign fund less than a month before the November election, according to the Federal Election Commission."
3/28- This, thanks to a lead by @Crash. Edited excerpts from a report by CNN:
Florida debates lifting some child labor laws to fill jobs vacated by undocumented immigrants
Florida has been working for years to crack down on employers that hire und…
All of the above may be true, but it seems to me that the legal determination of who exactly- the congress or the president- has the power to decide what to finance and what not to, will (hopefully) be a pivotal check on Trump and future presidents.
Throughout history ruling classes have done whatever it takes to create an underclass equivalent to financial slavery, to perform labor that is ruinous to health and long life. It is no coincidence that the Trump administration is intent upon chokin…
One might almost wonder if there's more to this than meets the eye. Would it be possible that by removing advisory boards it might be easier to cook (even maybe overcook) the government books?
@habsui- I love it... I was thinking along the same lines. But maybe not yesterday- FD probably saw this coming back in 2024 and positioned himself accordingly. No last-minute moves for that guy!
Editing for civility.
Trump Not Amused- the BBC is reporting that- The White House reacted furiously on Wednesday after The Atlantic magazine published messages between national security officials in a Signal group chat in their entirety.
President Donald Trump called t…
@FD1000- Hey there - you think that any of this might impact your financial situation?
Edited for civility. OJ, good sir, please don't let your annoyance take over.
And here's some additional from The New York Times with respect to car parts:
President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move that could encourage U.S…
@Junkster- The problem there is that non MAGA Republicans are currently completely unrepresented in Congress. They're in even worse shape than we (nominal) Democrats.
@PopTart- We held a fair amount of Brk.b for some years, but got tired of no dividend, so the only potential gain was an increase in NAV. However for a younger person just playing the long-term market that may be perfectly OK.
@AndyJ- from what I've read DeJoy's hatchet job was evidently considered to be too wimpy, and he resigned about 30 minutes before he was fired by Trusk.
Re "stealing" threads: As you all know, for better or worse I do start a fair number of threads. I don't think of them as "my" threads- they're MFO community threads. And if they sometimes take off in unexpected directions, that's great- all of this…
