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The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.-
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Making ¢ents out of the senseless Capital Markets
$treet-¢ents 
No Increase YET, Shrinking Balance Sheet ? Huh …. Friday still from afar…
On their regularly scheduled meeting Wednesday (7-26-17), Janet Yellen chief of Federal Open Market Committee (FOMC) and committee announced unsurprisingly, no rate increase. The committee also announced they would be shrinking the balance sheet soon.
Shrinking the balance sheet? huh…
Alan Greenspan (Former, former FOMC chair Yellen-Ben Bernanke- Alan Greenspan) made it clear if you understood what he said, he did not do his job … that language continues today!
Here is a preview graph of the FOMC “Balance Sheet”…
Next week we will explain what shrinking the balance sheet means… in English..hah
Ahhh…but that is next week … today is a Friday and we are still working remotely from afar … (Technology is treating us well!)
Enjoy your Friday and your weekend!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
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