Updates from the Conference – Today’s FOMC Announcement Analysis – Cyber Security …

As mentioned last week, the first in-person large conference in some time is going on this week…. It is very nice to see everyone “In Person” …. we had forgotten just how full the schedules are during these events … full day ahead …

Briefly our two most important topics so far!

FOMC – Federal Open Market Committee Thoughts for Today’s Announcment

Just after lunch hour today the FOMC lead by Jerome Powell are set to raise rates (Fed Funds Rates – think overnight checkbook rate) by .75% (75 basis points) ….

The experts here say focus on the future (for the record we have been crowing on looking forward throughout this slowdown see here and here – digressing) as the Wall Street chatter is a step down possibility at the next meeting to a .50% — a firming of the higher .75% increase as the next meeting OR an even softer talk of maybe no .50% would be market moving… again according to our experts…

Cybersecurity – No Email of Social Security or the Like Documents

Condensing this event into one important topic – we all need to make sure we do not send documents with Social Security numbers or the like through email…. the hackers are just too good…

This is more of a reminder for all… but as we enter tax season next year, a good reminder!

Alright, that is it for now, a quick jog and workout… then to breakfast and back in doors for a full scheduld of events today!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

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