So yesterday there was a lot of red (dropping in value) on many of financial professionals and likely your electronic apparatus with regards to Capital Markets…
What’s Up?
A Little Overzealous …
As you know, we are a very “Glass Half Full” firm and individuals as a whole…
But Hang on just a second … it makes no sense to rally all the way back to almost where we were before Covid 19 became an issue….
Do we think there will be a vaccine? Yes… Newsletter expands in great detail…
Do we think investors should look over the valley and to the greener pastures on the other side? Yes… and they are….
Do we think Capital Markets are ready to be where they where before all of this with the uncertainty of looking through the Valley? Not yet … a lot of uncertainty still…
Yesterday… Capital Market Participants agreed…
A dose of reality may have sunk in as the FOMC announced they expected slower growth for the next two years and as such lower interest rates….
Or maybe, some awakened to the fact of where we were … and where we are now… and said “Wait a Minute!”
All part of the process…. in due time this will all seem like a faded memory… not yet!
Expect ups and downs along the way!
Have a Great “Back to Reality” Friday!
John A. Kvale CFA, CFP