While the FOMC (Federal Open Market Committee) led by Jerome Powell have been lowering short term rates, see notes by us here, here and here….
Until just recently, longer term rates were following short term rates down…
Good News From Interest Rates
While the FOMC does control short term rates, they have much less control of longer term rates and actually by lowering short term rates they were hoping for this….
Higher long term rates are our friend … Possible reasons:
- Market participants way of being more positive
- Tariff talks proceeding
- Less fear
- Expectation of future growth
If we showed a longer term chart you would see it still has a ways to go as we are only nearing 2% – half full guys… have to start somewhere… For now, good news!
Newsletter Under Way
We have some really neat items under way for the Q 1 2020 (yikes- did we just say that) Newsletter… we have found some great Government Public sources of information that we think you will really like – now on to pulling it all together for brevity and clarity — never thought those research paper skills would be so used – Sorry to all the English teachers that did not get full effort..yes you told me so! haha
Today is a chilly Friday and Thanksgiving is just around the corner…
Have a Great Friday and Weekend!
John A. Kvale CFA. CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
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