Our Hmmm interest Rate post on Wednesday of this week turned out to be a bit prophetic as Wall Street Turned their “Short Term” eyes toward rates and raised a brow.
JPMorgan Rate Chart
While rates MAY eventually provide a headwind to capital markets, we agree with our friends at JPMorgan and their excellent chart showing MUCH higher levels of rates will be a formidable headwind.
Ahhh… Today is a Friday, and travels are on the horizon next week, but that is next week… Enjoy your Friday, your weekend, and time with those special!
Have a Great Friday!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth