In true “I Spy” like format — come on, you remember the funny kids game … anyway, Fitch Ratings Company played “I Spy” in the last GDP number,(was much larger than expected due to this) noting a large increase in government spending….. tossed a warning shot over the bow of the government in a small downgrade of US debt from AAA to AA+…. Not surprisingly that has pushed rates higher….FOR THE TIME BEING…
With the first Friday in August… and coming back from our “Sharpening of the Saw” Trip…. We will keep today short….
But we did want to say farewell to a few more residents ..this time four legged ones!
Happy Friday – Back in the Saddle next week – Talk then!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
