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That's interesting. I've seen a lot of Scandinavian films especially Swedish & Finnish films and there isn't much comedy to them. It seems they are mostly dramas with people surviving very cold winters. I mean Ingmar Bergman films are downright depressing. One of my favorite films was the...

Not here in the SF area it is still $4.55.

I think this is the main reason Bernanke didn't raise rates in his tenure. He was an expert in Depression era Fed history and the collapse in 1938 was due in part to the Fed raising rates since they believed the depression was over. Some economic historians refer to it as the ghost of '37.

NAIL is the most amazing ETF in this rally. It is up near 179% since October 30 so about 7 week. Even better than SOXL (3 X SMH) which is up 122%. NAIL == 3 X ITB (Homebuilders index)

Gundlach is a pretty smart guy. His 3% rate call seems alarming but it could happen. Of course he also believes markets are overpriced. As for politics I remember in Jan or Feb of 2016 he predicted that Trump would win the election based on the endless crowds of people coming to see Trump speak.

Equal weighted S&P 500 (RSP) has done even better than SPY, QQQ or DIA. Too bad there is no future for it. Since Fed announcement yesterday 1400 EST: SPY +1.8% DIA +2.0% QQQ +0.9% RSP +3.6% IWM +6.3%

I was watching CNBC Europe and they claimed the data from Europe was less bad so I guess that explains the rally in the DAX but I'm still baffled by its huge move upward.

There has been about 15% inflation since the last high so the Dow would have to go up another 5550 points to reach the inflation adjusted high. The Magnificent 7 is not anything like the 2000 dot com collapse. Most of the 7 stocks are fairly priced minus Tesla which has a premium due to the...

That money just goes to the NGO scammers. Here in the bay area it is referred to as the Homeless Industrial Complex.

I've lived in the SF bay area since Oct 1981 (from central New Jersey) and certain areas of SF have really collapsed -- SoMa & FiDi. The Financial district has really collapsed mainly due to the rise of WFH since most of the jobs there are really jobs you can do over a phone line or fiber. The...

I believe it is: USO UNG GLD SLV TLT Still no word on DIA but even the weeklies are pretty illiquid.

I hate K-1s. I used to be part of a startup from 1998-2008 and from 2004-2008 I had to pay taxes on my share of the non-cash distribution -- it was like $4-5K per year. Fortunately some boutique equity firm bought us out (Warburg Pinkus). I also used to own a bunch of MLPs from 2010-2013 when...

But why didn't the stock go up $8? It only went up $6. Seems like the market doesn't fully believe it or the company prospects after the dividend have gotten worse. So if MBI doesn't move it will be $2 less than Thursday's close.

Unless you are willing to free float your currency & forego currency controls, all this USD is collapsing talk is rubbish.

Leftist Berkeley NIMBYs hate capitalism. Just another scammer from the government.

Company declared an $8 dividend but it is only up $5. Seems like it should go up about $3 higher by ex-div date. Am I missing something?

Hollywood knows actual facts don't sell well so they always insert lies to sell it. Movies aren't documentaries. Nobody wants to watch a historical documentary since most people get bored from history. I remember my brother was angry when he found out The Godfather wasn't accurate about the...

So the head of FRG commited fraud at another hedge fund and not this one. So why did RILY write down losses for the FRG buy? It still looks bad for the RILY leadership to do no due diligence on a fraud. Where were the compliance people? Looks like they were asleep at the wheel.

Looks like this market has peaked, for now. It doesn't seem to go any higher even though bonds keep going higher & the dollar keeps dropping. Its the second day in a row of intraday selloffs. TLT is actually outperforming the SPY & QQQ the last 3 weeks.

I like De Niro but this is like Sammy Sosa saying he used steroids long after he retired. If he said this to Hollywood studios after he did Raging Bull it would have more meaning. But of course he would have been banished like Elia Kazan after he ratted out his communist friends during the HUAC...