Government Shutdown Statistic
As we enter day three of the Government shutdown, we wanted to call your attention to the interesting statistic we mentioned in our September Review Video Break in :
” ….This type of shutdown amounts to a .04% per day drag on GDP. With an estimated GDP of 2-3% even a small time frame shutdown could lead to a sizable Economic take down! …..”
Capital Market Reaction
Capital Market Participants are looking right past this issue and continue to vote with their Wallets !!! A longer duration shutdown may cause enough GDP weakness to push the bond guys to reevaluate their higher rate/inflation expectations!
Next week the Quarterly Summary will hit the inbox – lots of updates for you guys to read…. hence the reason we have begun staggering the Newsletter – which is in the works for a later Fall/Winter delivery!!!
Fun Travels
Sunday starts a travel week… Thanks to technology, tightly tethered while out of the office…often even clarity while sitting in airports and drives … lookout for a longer Newsletter and Posts here!!!
Ahhh…..today is a Friday – Enjoy your weekend and talk next week from the road!
John A. Kvale CFA, CFP
AI Content Authenticity: AI created splash and post image. All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
