Having problems with my decimal place lately (some bad calcs on the new Donation .05% floor post – all fixed now) thought it worth a short note/update on the Government Shutdown calc –
Each day the Government is shutdown for this type is a .04% drag from the regular GDP trajectory … With a 2-3% normal trajectory, we are making some dents now!! Will be interesting to see if the Bond Markets take notice and lower Growth Expectations/Rates!
Next week may see more progress as the lack of paychecks spread dramatically to all parts of the Government…
Holiday Monday Sorta-
In a somewhat more confusing Holiday – Monday is a Government/Federal Holiday – Capital Markets/Stock/Equity Markets will be open, but the Bond Market is closed – Most banks are closed but some are not – Ok…got it! Not me… Plan on a sluggish Monday and stay away from moving money as it will likely not cooperate anyway !!
It’s fun to be on the road, but fun to be back… today I am back (arrived late last night, delayed grrrr), but hit the road again late next week… all good!
Today is a Friday – Enjoy your weekend and Talk next week!
John A. Kvale CFA, CFP
AI Content Authenticity: AI created the splash image and shutdown cartoon. 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.
