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It is extraordinarily concerning having read what Black Rock has sold to all the pension funds in Great Britain. 2/3 of the pensions have invested in what is called the LDI pension scheme. The short version is the pension has government bonds it sells and in a repo agreement agrees to buy...

"very dangerous enviroment" Compares current US situation to Weimar republic and end of democracy. Calls crypto rat poison and calls for ban. https://finance.yahoo.com/news/charlie-munger-on-cryptocurrency-get-rich-quick-190526831.html He is a hoot.

Dipping my toes into this arena inspired by NW-BOUND in the description of the strategy to gain income on idle funds, for the first time I have decided to sell calls and puts, I have purchased them on multiple occassions but the recent interest rates make these far more interesting to me. So I...

https://www.cnbc.com/2021/06/16/social-security-cola-for-2022-could-be-higher-based-on-consumer-prices.html This will be a significant increase in usage of trust funds should it turn out to be true.

https://www.cnbc.com/2021/06/10/homeowners-got-2-trillion-richer-during-first-three-months-of-2021.html Interesting that in the month of March homes went up 11% Nationwide, and in April homes went up 13% nationwide. A homeowner with a 320,000 house with a $288,000 mortgage in one year has...

This is why people hoard toilet paper

In a market full of historic actions the Federal Reserve today announced they are injecting 1.5 trillion into their operations by the end of the day tomorrow. In addition they are now going to switch the 60 billion per month or treasury buying from short term to long term across the spectrum of...

I have come to believe that the stock market is set to soar to unbelievable heights over the coming 2-5 years, ending with the S&P 500 somewhere around the 12,000 range. This has come to me after ruminating and watching multiple times a Mike Green one hour video which paradoxically was titled...

https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/?articleId=6597520880811724801#comments-6597520880811724801&trk=public_profile_article_view His overall points are about exactly the same as my thoughts, the sustainability or unsustainable nature of the markets I am less...

https://www.thestreet.com/investing/stocks/will-the-real-pe-ratio-please-stand-up-14923577 I found in this article interesting informatino on the Russell 2000 that over 600 companies make no money, and if you take the earnings of all the companies divided by market cap you get PE of over 75...

In my journey to try and understand why major pension funds are run by intellectual types who believe active investing is far preferable to passive investing. As Brian Reynolds explains in the two videos below, pension funds are the driving force of the stock market, but are driven by the need...

https://www.reuters.com/article/us-japan-economy-boj/kuroda-defends-japan-central-banks-etf-buying-sees-no-near-term-exit-idUSKBN1O602Q I never realized the central bank of Japan was up to holding 77.5% of all Japanese ETF's. Considering that they have been about 20 years ahead of the US...

The top Democrat on the tax writing committee has proposed taxing unrealized capital gains at the same rate as income is currently taxed. This would certainly get Warren Buffet to achieve his goal of being taxed more. Normally I would think this is the single least likely tax to get approved...

https://www.bloomberg.com/news/articles/2019-01-16/latest-china-bond-default-puts-spotlight-on-financial-reporting Here is a bloomberg article that highlights the problem with many foreign companies - there is little protection for investors on reporting of financial results. Companies that...

Heavy reliance on International Equities that have returned an average of 1.5% per year has hurt the pension fund as US equities they hold have averaged 6.8% over the past 10 years. Long term assumption of 10 year returns for the Illinois pension is 6.5% but have only earned 3.1% per year over...

I have in recent days given much thought on the market, the move up in interest rates and Cape 10. At it's recent 32.71 it is in the very significantly overvalued range. I have used this for a great many years as one of my gauges for over and under inflated markets. It is a very slow long...

The Federal Reserve has spoken on what should be done to stabilize pensions from the state of Illinois. Tax every home 1% of it’s value in addition to all present taxes for 30 years to fund the pension funds. The median home value state wide is $173,000 so this is a median tax of $1,730 per...

As of today I am back to 0% stocks. The action of the market and the confidence of the average participant leads me to fear there is shortly to be a move of epic proportions and speed to the downside. Hopefully, I turn out to be wrong but am willing to lose a few percent to the upside to...

Interesting that on a day with very large drops in internet sites Fidelity has now been down for over 2 hours and almost impossible to get into to perform any trades, whether one wanted to utilize this occasion to buy or sell. This could be a preview of what could happen on very chaotic days...

I have been watching Bitcoin and have watched the parabolic move which sure acts like a bubble and I keep waiting for it to pop. But today I saw an explanation that to me explains why this move is occurring. The other bubble I have expected to pop that was in a parabolic move was Government...

Maui budget crisis has begun | News, Sports, Jobs - Maui News Maui has had a very generous pension plan for it’s government workforce, not unlike many other public pensions it is underfunded, and now the increases in revenue from citizens of Maui are streaming to pay former employees. The...

Here is the column that explains how he calculates the horizontal axis https://www.hussmanfunds.com/wmc/wmc150518.htm Hussman has been very negative for a couple of years and in general has been more negative on the market than most anyone I know but it is a very interesting chart I feel

After years of only touting dividend stocks, I put myself to the task of contemplating what a portfolio should be if I were to ever desire a portfolio of non-dividend paying stocks. Thereby in a Buffet-like manner shield a large income growth totally from the grasp of the tax man. After some...