Liz Saunders, strategist and peer in the industry recently penned a great quote about the current market environment …
Don’t just do something … Sit there !
Given the current market movements it seems hard to do sometimes … and while we are making minor adjustments, NOTHING big!
Last Friday a Super Employment Report
Here is what we have all been waiting for:
- They are coming back – workers that is
- Greater overall workers participation rate
Unemployment rate falls into the 4’s — 4.9% — NICE
Best of all — they are getting paid more!
With two third of the economy being consumer driven… Can the following be bad?
- More are working
- Fewer are unemployed
- They are FINALLY getting paid more
Just remember …
Markets have predicted something near 9 of the last 5 recessions !
Have a Great Wednesday ! Tonight I get to attend a dinner with Jeremy Siegel .. More to come !
John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225