Category Archives: World Political

Paradise Papers ? … Arboretum RSVP soft reminder

Over the weekend it was announced a huge trove of papers (13.4 million) were hacked and publicly released to a German Newspaper and an international group of journalists.

Paradise Papers

  • Nick name from the theme of Tax Havens
  • More countries and people involved than Panama Papers – current estimated 120k people named
  • Hacked from the International law and trust firm named Appleby – unrelated to Apple
  • Hackers unknown at this time

We all find interest in these type of disclosures as it gives us a peek into the Ultra fast and famous … how the other side lives. One bit of caution, just because someone is named and a part of these documents does not mean they have done something wrong. The law firm at issue, (with many angry clients – digressing) is by most counts an above board legal firm catering to the ultra-fast, this being said, it should make for interesting reading in the future as we may see if what many “Are actually doing … what they say they are doing” regarding finance and especially philanthropy.

Arboretum RSVP Soft Reminder Saturday November 18, 1-3 PM Tour the Park after until 5PMf20bb085-9cec-42f6-97b9-df1ac26bf587-2788-0000022f455848a1-2

With our special venue of the Dallas Arboretum 22cnd annual Holiday Party getting closer … This is your soft reminder to RSVP, it will be fun!

Cathy@jkfinancialinc.com

Have a Great Paradise Found 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

 

Pausing for a moment to realize just how good Economically it is today …

There are always shortcomings … as a growing “Type A” country, we want more and better … Let’s pause for just a moment …

Maybe my Road Trip is making me sentimental … reflective for sure

March 2009, 823 thousand jobs were reported lost

The lowest bar on this chart was on March of 2009 (coincidentally, the bottom of the great recession stock market too– digressing)

Pause for just a moment … 823k people were fired/left the workforce, IN ONE MONTH … that’s a small town !

11-1-17 All Employees

Unemployment rate hits 4.1%

By scanning the chart above, as the bars turned up the resilient USA economy started rebuilding/hiring workers again.

Looking from a different angle, last Friday the USA unemployment rate logged a fresh great recession low of 4.1%

11-1-17 Unemployment rate 10 year trailing

Pretty good stuff!

Have a “Good” 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

Most trusted “Made-In Country”

In a cool parallel to our recent review of most trusted media, this interesting report by our friends and Visual Capitalist and Stastista should make Germany proud.

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Which country is your “Most Trusted Made in” ?

Have a great Trusted “Made-In” 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

Q 4 2017 Newsletter Video Audio Podcast Review By John Kvale

Welcome to our Video and Audio Podcast Review of our Q 4 2017 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.

Click here for direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page

Let’s get going!

Q 4 2017 Newsletter

International Market Analysis

In a quest for value, it may be appearing overseas with our friends across the pond. Our core article of the newsletter discusses P/E Price Earnings along with the more smoothed CAPE or cyclically adjusted price earnings which is just a 10 year average ratio. With multiple looks at a long awaited possible long term positive trend, the next 3-5 years may be in the corner of  our overseas friends.

Tripit our App of the Quarter

After stumbling upon a neat app from a dear friend, “Tripit” makes our app of the quarter. Bet you have no idea just how many different reward programs you are involved … after loading them into our app of the quarter, your life will be easier.  Constant price reviews after the purchase along with multiple handy reminders may make this a fun – non financial review and item for you to try out this quarter.

Equifax Update and To Do’s

Our most popular posts on street-cents.com our blog, was the discussion of the Equifax breach. Our theme “Chillax” if our information had not been comprised before, it will eventually. The best defense in this case is an offensive preparation, BEFORE the next breach.

Break In: Yahoo announce after our discussion much more information had been compromised than originally thought …

Not IF, but WHEN our information is compromised …

1 Minute Video Reviews and Screen Shots

With tons of fun and compliments, our half dozen set of 1 minute video’s also make the Newsletter. If you like to talk like I do, full appreciation for just how hard it is to make a 1 Minute video… haha

Here is a link to our 1 Minute Video Page on our Website

Here is a link to all the Videos here on our blog

Parting Thoughts

Shhhh, we have a secret that we want to tell, but are forbidden for a couple of more weeks. We will only say it is an honor!

Watch for a reminder of our hopefully awesome Saturday Before Thanksgiving-Early November 18 Holiday Party at the Dallas Arboretum from 1-3 pm and free reign of the park until 5! Fun times !!!

Thanks for the time!

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

Capital Markets Ignore … Short Week Concludes … Friday Tennis Weekend

Capital Markets are the ultimate voting machine. Frequently they are VERY irrational, often times they act temperamental, other times they just ignore and move on.

With the recent flexing of various international military muscles and “Breaking News” headlines, Capital Markets …. and their participants, are just moving on down the road and focusing on earnings … which is really what they are supposed to do. NICE!

Short Week

With the celebration of July 4th on Tuesday, Wednesday felt like Monday, making Thursday feel like Tuesday and today …. Oh Boy … Not really sure what day it is. Friday? Yes..

Friday Tennis Weekendtennis-2042723__340

Wimbledon …. Yes it will be going on this weekend, but a more important Tennis weekend to your present party … a National Tournament in a neighboring state (Travels , all good) .. Win our go home, once again, puts the journey into next week if the former occurs…

Ahhh, that is looking into next week and this is a Friday, smack in the middle of Summer. It goes fast, enjoy, relax and spend time with those special!

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

 

 

 

 

China added to Important Index, Welcome Aboard!

Last week it was announced a group of large capitalization Chinese company stocks were allowed to be added to a very important global index, the MSCI Emerging Market index. This is great news for China and super news for those following our David Cameron talks from earlier this year.

China added to MSCI Emerging Market IndexChina hainan-105596__340

The fourth time really is a charm, as MSCI (Morgan Stanley Capital International) – most prominent and well known International Index provider – allowed a group of over 200 stocks to EVENTUALLY be added to their MSCI Emerging Market Index. The total inclusion will take several years but is a huge positive for China’s acceptance as a valid economic capital market.

Certainly China has a different social system than the USA, however, if David Cameron is only half correct in his thoughts, embracing rather than shunning China will have positive effects for decades to come.  The addition of China stocks into the MSCI Index may be the first step of many future positive ones to come.

We began a detailed review in our latest Newsletter on International and Emerging Markets but it was shoved tot he floor by our Residential Real Estate Price Movement article.  Everything happens for a reason. This recent announcement is a great addition to the facts and research we were including, look for more abbreviated information to come soon here with the full article(s) to follow in our Next Newsletter!

Have a Great “Mutually Prosperous” 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

Earnings, the key to Capital Market Growth … Let’s get an update?

The ultimate driver of Capital Markets are Earnings. Yes, we can argue about interest rates, currencies, world political and economic cycles, but all of these events are only important in how they change earnings or the growth there of “Earnings”.

Let’s take a look at early statistics from 2017!

Earnings Via our Friends at Factset

This from Factset, one of our favorite data aggregators in their regular weekly report.

  • Earnings Growth: For Q1 2017, the blended earnings growth rate for the S&P 500 is 13.6%. If 13.6% is the actual growth rate for the quarter, it will mark the highest (year-over-year) earnings growth for the index since Q3 2011 (16.7%).

Looking closely at the following chart, which is TRAILING earnings, forward looking capital market expectations can be seen. The trailing earnings are actually falling over the last few years, but the forward expectations as noted from the first bullet above are expected to climb more rapidly than the past six years.

5-12-17 Factset EPS change and Price

 

So just where are these revenues that are creating accelerating growth coming from?

5-12-17 Factset Geographic Rev chart

P/E or the Price to Earnings is the most blunt way to measure the valuation of capital markets. A high P/E might mean markets are overvalued and need to grow into their valuations, or a reversion to the mean reset to a lower level may be in the cards.

5-12-17 Factset 12 PE ratio V long term

From Factset’s estimates above, the current market P/E is about 22 with a normal of 16-17, undoubtedly higher than normal but certainly no guarantee of an imminent reversion down to lower levels.

If the growth estimates mentioned in the very first bullet come through in 2017, much of this froth may be taken out of the capital markets.

Either way, we have your back via our good friend diversification!

There you have it, a nice ‘Earnings Update” … We will be watching closely!

Have a great “Earnings 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