Thanks to our friends at howmuch.net, an absolute timely chart on the total goods and services moving around the world.
We find this interesting given the rhetoric being bantered around in the headlines and giving capital markets an excuse to frown!
Take a moment to see rhetoric versus total exports/trade-
Have a Great “Total Value Export Informed” Day!
John A. Kvale CFA, CFP
Posted in Investing/Financial Planning, Market Comments, Political
Tagged Political, Tariff, World Export
Post great recession, the Unemployment rate went into double digits … +10% …. Many including us thought the new natural level of unemployment may be near 6% – prior to the great recession most believed 4% would be the all time low…
The regular monthly Employment report from the Bureau of Labor Statistics reported last Friday, June 1 that the Unemployment rate hit 3.8% — Yes 3.8%!
Wow….
Naysayers would say this will put pressure on wages, pushing up the CPI – Consumer Price Index – indirectly forcing the FOMC (Federal Open Market Committee) to raise rates fast — possible inducing an inverted yield curve…. leading to a recession… got that… sorry for the long domino effect– but this is how Wall Street thinks… perception can become reality… Let’s check the CPI …
The CPI looks fine and has not moved up too much. Here is a possible reason why…
Jolts – Job Opening and Labor Turnover Survey
Essentially this is a relatively new statistic that many follow included the FOMC, that shows what the US Economy is producing in the form of jobs…. an increase in this chart means more jobs are available…
More Employment, but more Jobs… No Inflation —
Nice…
Have a Great “Lower Unemployment” Day!
John A. Kvale CFA, CFP
In honor of President’s day, next Monday the 19th is a government, Capital Market, bank and Post office Holiday … Our office will be closed as well…
After a huge Mid-Week Capital Market Post, we are going to keep this one short and sweet.
Hopefully you have been watching the Winter Olympics as much as we have. Congrats to all the men and women who have worked so hard to put themselves in such an honorable position.
Only a sporting event could unite two countries that have been at odds for so long.
Here is to wishing they remain friend for all of our well being after the event.
Maybe it was the Valentines Day with the kids and seeing just how fast they grow. Maybe it is the winding down of Cathy as our office manager after 10 years. (She is retiring shortly.) Maybe it is the long weekend without tennis and good family time. Maybe it is the shadow of anther spring about to bloom.
No matter what, maybe its a good time to take a moment to give thanks for all the great things we have and get to experience.
Have a Great Weekend … Back to business next week!
John A. Kvale CFA, CFP
Posted in John Kvale, Personal, Political, World Political
Tagged Giving Thanks, Olympics, President Day
Each year we are kindly invited to a terrific event of publicly traded companies by our friends at Three Part Advisors.
This year the event featured over 70 companies, mostly of smaller capitalization. We enjoy going to this event as a terrific way to really get into the weeds on what is going on in the Economy as well as learn more about the companies themselves.
One of the favorite sessions featured the CEO and Chairman Byron Boston. Luckily, after his discussion, we sat together at the same table for lunch … extending thoughts and comments from his public discussion.
As chairman of a publicly traded Mortgage REIT (Real Estate Investment Trust) Mr. Boston had/has (rates greatly affect his company) very strong opinions on rates among other things. Of course our ears perked up when Mr. Boston gave his views and even some forecasts …
At lunch we had more candid hot topic conversations beyond my comfort zone of our blog.
We were VERY impressed with Mr. Boston. He gave his distinct thoughts with triggers for being wrong and right for that matter …. what is not to like!
We will code this forecast and check back again later to see how well Mr. Boston did !
Have a Great “More Rate Clarity” Day!
John A. Kvale CFA, CFP
Posted in Forecast, Interest Rates, Investing/Financial Planning, Market Comments, Political, World Political
Tagged Byron Boston, Dynex, Rates
We did not make this, so please do not yell at us if you disagree…haha
We do find this very interesting.
This chart was part of a report from our friends at Visual Capitalist, who were actually reviewing a study completed by the Donald W Reynolds Journalism Institute at the University of Missouri.
According to 8,728 people in 28 different areas… Here are the results !
Have a Great “Trusting News” Day!
John A. Kvale CFA, CFP
Tariff Update – AKA Trade Wars in the Old Days – Sure Enough we have been here before?
Over the past 30 years, much of what we learned are what opinions to trust, which views to listen to, and more importantly, who to tune out.
Scott Grannis, former chief economist for a large financial company and currently retired with no intention of returning to work (NO BIASES!) is one of our favorite reads. Here is a very small portion, but a favorite on the Tariff wars from Scott and his Blog “Calafia Beach Pundit” – he lives in CA currently.
Trade Wars History – This is not our First Time
Follow his comments up with an excellent updated chart on the subject matter from our friends at Visual Capitalist, and we will let you formulate your own opinion – an opinion that is likely more updated than before reading this post!
Have a “Tariff Trade War Update” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
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Posted in General Financial Planning, Investing/Financial Planning, Market Comments, Political, World Political
Tagged Tariff, Trade War, Visual Capitalist