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.
NPR: The AR-15 style rifle used in the Louisville shooting was bought legally
From a different perspective: Those in favor of allowing anyone and everyone to possess AR-15 or equivalent type assault weapons argue that it's a good idea because it al…
Without any speculation as to what might be driving this murderous escalation, at the very least it would seem reasonable to remove personal assault weapons from the general population.
I suspect that a complex interaction of many elements is causi…
@MikeM- thanks for the suggestion, but I really don't like bond funds because I have no control over the duration or market value at any point. At our ages I just use CDs or TBills, and hold to maturity.
@Sven- I have no doubt of the accuracy and depth of the incriminating evidence that was examined by the grand jury.
The unfortunate problem is that it may prove impossible to impanel a jury that does not contain at least one rabid Trump partisan, w…
To clarify a bit, you can subscribe to the "Money Stuff" by Matt Levine newsletter for free- no subscription to Bloomberg News needed. It's delivered via email.
Link to free "Money Stuff"
Also right out of Hill Street Blues: Trump will never be convicted or anything. Impossible to find a jury without at least one Trumpian juror, and serious felonies require a unanimous verdict. Good luck.
@Crash- Not really a question of me "being happy". It's simply that by lowering ourselves to the same level as Trump and his band of low-class bastards we diminish ourselves too.
I'm quite capable of using that sort of language myself. I did my fou…
If I were you I'd go with Mark's reaction. :)
It's just a small bet on Schwab. I really don't see major problems there, insiders buying significantly, I guess that we'll just have to see what happens.
Undiscussed in the above comments is the aspect that the "bonus" coverage was as much designed to temporarily stabilize the entire small/medium banking sector as to cover the uninsured SVC depositors. If a contagious series of bank runs had ensued i…
bigly
adverb
• boastfully; haughtily: He pronounces his opinions bigly, as if they are divine mandates.
• strongly, with great force.
• in a blustering or boastful manner; haughtily.
• in a tumid, swelling, blustering manner; haughtily; violently.…
Lot's of different opinions on that. Trump has been known to use "big league" in written material, but evidently not "bigly" (which is, actually, in the dictionary as an accepted word).
@sma3- If you had followed my link to Ms Pender's article you would have seen that she has provided reference links to all of her underlying sources. She is a real pro... one of a very small handful still at the Chronicle.
Here's the link which she…
"... they first began brewing it 6,000 years ago. You’d think it would taste better by now."
Hey, give it a chance...maybe just needs a bit more aging?
@motmot- Unfortunately the "Off-Topic" section is largely overlooked by the great majority of MFO users. Your post would certainly fit well in the "Other Investing" category, where it will get much more attention.
To change the posting category, ju…
"one convincing guest this morning who strongly asserted the Fed is done raising rates and the 2% inflation target will be abandoned"
@hank- well, that really wouldn't surprise me all that much. I'd think that at this point Powell would try to cut …
"Do enough of that sort of thing and that ain't so hot either. "
I didn't mean to suggest a direct symmetry. Just pointing out that a major imbalance in bank/S&L income vs outgo, if carried on long enough, is likely to result in problems of one…
"I did come across a 5%, 5 year CD with this credit union."
@Jan- a bet on a long-term CD at a high interest rate has it's own risks for the issuing credit union or bank, and that risk is sort of the opposite from what took down Silicon Valley Bank…
@TheShadow- yes, I noticed that apparent disconnect also. Evidently M* has a different definition of "small" and "mid" than Virtus Funds does.
As was said in the early days of the internet and computer technology- "the nice thing about standards is…
Unspoken in the background is a certain amount of "payback" for the Chinese setting rules that made China inaccessible for US applications such as Google, Facebook, etc.
