Here is your April Review Video…Good News, this one is even shorter and to the point (thanks for the suggestions..haha) Next up, how to figure out how to get a more flattering picture on the initial screen.
Hope you enjoy the April 2013 J.K. Financial, Inc. John Kvale Capital Market Video Review
Our first point from April is Interest rates…..yikes…but a better finish.
We watch interest rates as a sign for the possibility of growth and or a slow down. GENERALLY, but not always a lower rate tends to proceed slowdowns. Rates on the 10 year fell to well below 1.70% signaling a slow down or an increase in fear. Early in May rates have found their footing and are moving back to less of a slowdown signaling level.
Taxes and Expenses from the Congressional Budge Office
Given April 15th is personal tax day and we have mentioned that it was a hard tax season this year as many/most seemed to be paying more, we dug this chart from the Congressional Budget Office forecast for 2013 and sure enough, they are expecting a much larger increase as well. Good forecasting on their part and unfortunately lighter pocket books on our part. We sure wish those lines would cross..meaning a balanced budget.
Boston Marathon a tragic event
In a very crazy moment of a positive event gone south, the explosions of the Boston Marathon mark a spot in our April review. We wish all those that were injured a speedy recovery and we are happy for a quick capture.
That’s it for April. Hello May, hopefully you will not pass us so quickly.
Have a Great Day!