November 2013 Capital Market Review (Video)

At the end of each month we like to look back at the more important and dramatic events of the prior to highlight our thoughts and verbalize them in greater and more personal detail with Video commentary. Past Video’s can be found here on our Monthly Review Video tab . As a living digital diary we look forward to reviewing in the future.

Here we go for a November 2013 review!

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In suspender with belt like fashion, if neither of the above are working, click here!

Welcome Janet Yellen, Now Get to Work

As of February 2014, Ben Bernanke will depart his position of Federal Reserve Chair (some say one of the most powerful positions in the world…I digress). The early portion of Big Ben’s term was horrific, challenging, and down right scary at times. That was then, and this is now, as of late we have ridden the wave of stimulus through asset purchases as Big Ben rides into the sunset…or more likely authorship and speaking engagements. Enter Mrs. Yellen, from our perch her term appears to begin with the removal of stimulus. Good Luck, we will be watching interest rates closely …. 4% may be just around the corner.

4% looks reasonable… looking longer term!

NSA Spying /Security Breaches…

Interesting, we think the story is still being written on this as more NSA revelations become public. There is no easy way say “We all do it !“, while only the USA has been publicly reprimanded. Through our international contacts we have found it to be a big deal from those being spied upon. We throw no blame and have no insights to the complexity of this issue. We will keep a watchful eye as shareholders of world exporting companies for tougher international competition in certain situations. Nothing major YET …. these things usually become bigger at a time of crisis.

Wire Fraud Alert, All About the Password

Lastly we noted the increase in on-line fraud with a modern-day Bonnie and Clyde like boldness. Unknowingly of the macro increase we wrote about this in our latest newsletter only to be repeatedly informed through industry associations and our various vendors. It is real, and while not with a gun, it may cost more than an old style “Bonnie and Clyde” robbery.

PLEASE MAKE YOUR EMAIL PASSWORDS STRONG!

Have A Great Day!

John Kvale CFA, CFP