Those long timers know Donald W. Capone III, CFA as our portfolio manager, planner and industry respected technology person, such “The Brain” label… as well as a super father, to top it off…
It’s human nature to take this all for granted occasionally – he doesn’t fly like super man you know — haha – kidding!
The Brain Does At Again
Several years ago at an industry gathering of over 3000 folks in a western coast town, the key note speaker begins with a review of all the neat things that had happened during the year and those that were instrumental in developing these items…
32 minutes into the three day event, up pops … Guess who?
A fellow professional tapped my shoulder, “Isn’t that your partner on the big screen?” “No he is at home this trip!” No, he was on the big screen talking of the use and adjustments of new portfolio tools…
Sorry the picture is not better, but it was the best possible on such short notice ….
This time he doesn’t catch us off guard as he is expected to speak to a large group early next year as well as attend several round table Q and A’s !
Well done DC “The Brain”
Ahhh … today is a Friday, closing in on a Holiday Season, New Year and some much needed R and R family time for all… Enjoy and talk to you next week !
John A. Kvale CFA, CFP
Who brought the Grinch to a usually Happy December Markets – Three Possible Items
As we have mentioned here and here, November and December are historically the best times for markets, with the latter having pole position.
While no one knows for certain, and we are watching a ton of different indicators, here are three items of note, worth reviewing.
Three Grinch items to review
Inversion Watch – 10 year treasury yield
We have spoken tons of time about the inverted yield curve and a major part of that curve as well as the inversion, is the current rate of the 10 year yield. This chart shows the recent movement of the 10 year yield moving down – this could be expectations of a slower future economy/growth OR it could be just some big money buying bonds – either way, a Grinch twinge to the capital markets.
Technical testing of markets
Oddly, even as we mention in this post the Grinch – in reality the capital market participants are taking their sweet time to test and re-test their levels – ignoring the happy months of November and December – Whatever makes you happy guys!
Is Sentiment Grinchy? – Worth Watching
With 2/3rds of GDP (Gross Domestic Product) being consumer spending, consumer confidence is one of the most important parts of the economy – No Grinch here!
Capital Markets have forecasted many more bad times than have occurred – but in so doing they have also accurately forecasted “Bad Times!” – For now, we are doing our “No Grinch” dance, but watching closely and respecting all!
Have a Great “No Grinch” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents
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Posted in Economy, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments
Tagged 10 Year, 10 Year Treasury, Consumer Sentiment, Inverted Yield Curve, Technical Analysis