After a few days of Spring Break the mind finally relaxes, or at least mine does … many may relax faster. Then the “Oh this would be worth sharing” thought comes in.
So while still out on travels … I had to post this great comment from a friend of our firm.
Former Dallas Federal Reserve President, Robert McTeer, and our guest speaker a while back posted this following headline last week:
He goes on in the post to say the thought of higher rates is taking some steam out of the capital markets. Oh… he is saying to raise rates soon … which we have been crowing some time !!
Oddly, we think this headwind is the first time markets are reacting the way they should in some time. Higher rates should lead to lower capital markets.
Thanks for the great comment Mr. McTeer !
Have a Great Day!
John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225