Important Disclaimer
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.Email Notification
Join 868 other subscribersBlogroll
Clients Only!
Search Our Posts
Categories
Posts By Month
Making ¢ents out of the senseless Capital Markets
Where did everyone go ? We suspect….
On Monday, August 13, 2012 the NYSE experienced the lowest non-holiday trading volume in almost a decade (thanks Zero Hedge.) Our favorite fear indicator the VIX (volatility index) fell to an almost 5 year low as well.
Why is this happening?
While many, including ourselves are on vacation (but happily remained tethered), and the month of August is normally a month of The Hampton’s refuge by Wall Street types, these events transpire annually and are not unusual for comparison purposes, as such this does not explain all for us. Our belief is that our world has become, at least for the moment, so consumed by our European counterparts, that we have slowed dramatically since many across our friendly pond take the month of August as Holiday.
Of course no one knows for certain, and anyone can run with a thesis, we like ours the best.
Source: Zero Hedge
Have a Great Day!
JK
214-706-4300
http://www.jkfinancialinc.com
8222 Douglas Ave # 590
Dallas, TX 75225
Share this:
Like this:
Related