My hat is off to all of you who travel extensively. You have very special skills. After several trips, I am ready to be home for a while.
Austin Investment Update
Earlier this week, after spending two days of “Hard Core” detailed investment roundtable discussions, we are even more convicted in our thoughts.
- Certain areas of the capital markets are inflated, others not so much
- A rise in rates could result in a headwind (drop in values)
- Company managers are doing very good, with little wiggle room
Higher Rates Later ?
Janet Yellen and Crew (Federal Open Market Committee – FOMC) released the minutes of their last meeting on Wednesday of this week. Their posture was “at the time” slightly leaning towards a slower rate rise.
Ahhhh, but the green light jobs report came AFTER their last meeting.
Rates are going to rise soon, in our opinion.
Have a Great Weekend … Looking forward to spending time at home with my gang .. be sure to do the same!
John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225