Tag Archives: Capital Markets

June 2020 Podcast Video, Financial Planning and Capital Market Update – By John Kvale … From the Road

Posted on July 1, 2020 by | Leave a comment

Hello and Welcome to our June 2020 Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

June – 2020 Video (YouTube)

 

Financial Planning Tip  –

The Virtual Pivot

Oddly, this heading is the same from last month, but has a different meaning…

Here in this post we discussed how many folks are really enjoying working remotely….

In fact, the mentioned study showed that 98% of folks wanted at least some remote time moving forward…now that’s an incredible Pivot!

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In the future, likely some blending of remote and office…. nothing ever will replace face to face, but a nice blend may cut down on away from family and travel expenses…time will tell.

TSA Throughput Statistics

Over a weekend of surfing stumbling onto the TSA Throughput numbers an idea of sharing via graphic form was posted here in this post.

We even created this neat graph…

6-11-20 TSA Throughput 2020 v 2019

Good thing we did a review of this as the creation spreadsheet made its way to the recycle bend…not any more… it’s safely back now…

Looking forward to reviewing this again in the future to see if this continues?

Capital Market Comments

The Look Through Continues – Expect Bumps

Global markets continue to claw their way back, as investors look through the earnings drop and lowered interest rates help create a tailwind.

Recently, global markets took a few steps back when increases in cases occurred…. this makes sense.

Global markets are likely ahead of themselves….. time will tell, as mentioned in our Newsletter, there is a lot of horsepower aimed at fixing the situation in Unity!

Expect bumps, and headline shocks, both positive and negative … but that’s why we are happily conservative investors at heart!

6-30-20 World Indexes YTD 2020

Have a Great Day – Talk to you at the end of July!

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
street-cents

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Posted in Economy, Interest Rates, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Video

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May 2020 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Posted on June 1, 2020 by | Leave a comment

Hello and Welcome to our May 2020 Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

May – 2020 Video (YouTube)

 

Financial Planning Tip  –

Mortgage Rates

Looking at the chart of the 10 year treasury, we can see rates have finally settled and we are hearing the volume of lenders overflow has calmed as well. While the 10 year is not an exact predictor of Mortgage Rates it is loosely correlated.

Now may be a good time to check your Mortgage Rate and consider refinancing!

Here is one of our favorite and most popular posts on the items to remember when you are getting a mortgage and especially when you refinance.

5-29-20 10 year us treasury

The Virtual Pivot

In true making Lemonade from Lemons fashion, not only have we been able to access the John Mauldin event, with over forty hours of speakers, but a National CFA(Chartered Financial Analyst) event and several others were completed virtually.

We have so much awesome information to share in the coming weeks…. oddly, that we would have not had access to if they had been held live!

Looking forward to sharing…. tons if info!!

Capital Market Comments – They Came Out!

The Look Through Continues

With current earnings being less than stellar, you may ask why the markets are clawing their way back?

It does appear investors are looking through the valley and attempting to price in what a recovery may look like.

The Tuesday after Memorial Day offered multiple openings across the country…. Wall Street wiped its brow as people came out!

Expect bumps, and headline shocks, both positive and negative … but that’s why we are happily conservative investors at heart!

5-29-20 YTD SP 500 Small Cap International

Have a Great Day – Talk to you at the end of June!

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
street-cents

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Posted in Debt - Debt Management, Economy, Interest Rates, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Video

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April 2020 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Posted on May 1, 2020 by | Leave a comment

Hello and Welcome to our April 2020 Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

April – 2020 Video (YouTube)

 

 

Financial Planning Tip  –

Care Act and More Care Act

Thank you all for reading and sharing Posts… we deviated from the usual M-W-F schedule due to the massive amount of information and changes associated with the Care Act… again, thanks for your kind words, sharing and your time!

April Posts

Capital Market Comments – SAME AS LAST MONTH

Unknown that will eventually be Known

Unique to this slowdown is that it is needed and self designed.

In the prior two slow downs, the economy was stretching the limits of the system and slowed with many other outside items adding to the decrease.

This event, while unknown at the moment, will be very measurable, likely more than any recent slowdown.

The speed of the slowdown may lead to the speed of the recovery.

The stimulus being put into the system is large by any measure and will eventually gain traction.

Have a Great Day – Talk to you at the end of May!

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
street-cents

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Posted in Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Tax Related, Video

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March 2020 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Posted on April 6, 2020 by | Leave a comment

Hello and Welcome to our March 2020 Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

March – 2020 Video

Financial Planning Tip  –

Tax Filing/Payment Due Date Extended

  • This from the IRS Announcement:“Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief. Individual taxpayers who need additional time to file beyond the July 15 deadline, can request a filing extension by filing Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov. Businesses who need additional time must file Form 7004.

    The IRS urges taxpayers who are due a refund to file as soon as possible. Most tax refunds are still being issued within 21 days.”

Capital Market Comments

Unknown that will eventually be Known

Unique to this slowdown is that it is needed and self designed.

In the prior two slow downs, the economy was stretching the limits of the system and slowed with many other outside items adding to the decrease.

This event, while unknown at the moment, will be very measurable, likely more than any recent slowdown.

The speed of the slowdown may lead to the speed of the recovery.

The stimulus being put into the system is large by any measure and will eventually gain traction.

Have a Great Day – Talk to you at the end of April!

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
street-cents

 

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Posted in Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Tax Related, Video

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Q2 J.K. Financial, Inc. 2016 Audio Newsletter Review By John Kvale

Posted on April 6, 2016 by | Leave a comment

We are happy to bring to you our Audio Review of the Q 2 2016 Newsletter.

Q 2 2016 Audio Newsletter Review

 

YouTube Direct Link

Newsletter Link

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

 

 

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Posted in Investing/Financial Planning, Market Comments, Newsletters, Vault, Video

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Jeremy Siegel Talks Markets

Posted on March 16, 2016 by | Leave a comment

 

At a recent CFA (Chartered Financial Analyst) Annual Forecast dinner, legendary Author, Investor and Professor, Jeremy Siegel chatted candidly with the audience.

Just by chance, recently he had a two hour podcast interview on Bloomberg’s Masters in Business.

Combining these two lengthy events, the following themes and forecasts (yep we will code this forecasts for future reference here in our digital diary) resonated:

  • Net real returns on stocks, netted out after inflation are about 6.5% over the long term – (Ok by us)
  • Siegel thinks the next 3-5 years will be a slightly lower 5-5.5% – again net of inflation
  • Inflation will not rise to the 2% target of the Federal Reserve (FED) due to deflationary forces – (We disagree)
  • QE (Quantitative easing) helped during the 07-09 crisis but has overstayed it’s welcome (We agree)
  • Emerging Markets (Young international country stocks) are poised to do much better over the next 5-10 years than many if not all capital markets (We 100% agree) – the trouble is when will they will finally get their feet under them from a timing standpoint according to Siegel (We totally agree again)
  • Increased regulations such as Dodd Frank have undermined productivity, leading to lower wage growth, investment and over all GDP (Ahh…this is so hard to measure, but seems like too much affect to us- we disagree)
  • Jeremy mentioned three times he was concerned with deflation over the next 1-2 years (Nah!)

We threw our thoughts in too … just for fun, and to also be held accountable.

We will check back in the future to see who got it correct !

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

 

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Posted in Forecast, Interest Rates, Investing/Financial Planning, Market Comments

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Markets get cranky — What to Do?

Posted on August 24, 2015 by | Leave a comment

The last few weeks and especially days, market participants have gotten a little cranky and fearful.

What to Do?

Just like navigating 1998, 2001, and 2007, diversification works. Our appropriate allocation to conservative fixed income and equities served us well during those times and should again this time.

  • Markets go down MUCH faster than they go up
  • It has been a long time since we have had a serious (10-20%) pullback- almost 6 years
  • Anyone not involved in a meaningful way in the capital markets for more than six years may be VERY frightened – Not us, we have been here before
  • It would not surprise us to see markets fall another 5-10% OR rally right back
  • Economic numbers are ok
  • Earnings are ok
  • Markets are Frothy as we have said many times- this may be a reversion to more realistic levels
  • Capital Markets are the only place where people get less enthused about buying when items go on Sale

Possible Sale items

8-21-15 EEM

8-21-15 XLE

Not recommendations — Only observations !

Stay cool and have a great Monday!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


 

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Posted in Earnings, Investing/Financial Planning, Market Comments

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Where the next 10 years best returns will be, according to Research Affiliates – PS Travels – Monday Holiday

Posted on January 14, 2015 by | Leave a comment

It’s tough holding, or even better, investing, into capital markets (or asset classes) that have not been performing well (never go all in of course.) Over the past several quarters we have re-iterated multiple times,  (here and here and here) that we believe international markets hold better value.

Research Affiliates – Robert Arnott

One of the most respected investment and research firms in the industry Research Affiliates and their founder Robert Arnott,  recently opened a portion of their research to all investors. Here is their estimate of equity market returns for the next 10 years.

We were happily surprised at their conclusions:

Research Affiliates Q 4 14 Expected 10 yr return Equities Bar

US large and small companies score VERY (farthest right and fourth from right) low on Research Affiliates expected 10 year return.  We agree!

Have a good day!

John A. Kvale CFA, CFP

PS Traveling on Friday and Cathy is having a procedure that may keep her from the office as well,  Monday is a Holiday and our office will be closed !

PSS More on this research soon!

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

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Posted in Investing/Financial Planning, Market Comments

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International Conflicts, Capital Markets, and Investment Reactions

Posted on March 3, 2014 by | 1 comment

After working very hard over the weekend on our February review post and video, I decided a conflict update post today may be more timely. As you certainly know, the Russia/Ukraine conflict has heated a bit, as such we wanted to remind ourselves of actions and reactions.

Conflicts and Capital Markets

If history rhymes as it has in the past, capital markets will remain a slave of headlines until a workable resolution is seen. We would expect rumors galore, and a few nervous nellies bailing. We are slightly surprised by the muted reaction so far today, however this could change at any moment.

Investment Reactions

While definitely showing our age, we have experienced 911, several flash crashes, and the awful 07-09 great recession. Making it through without knee jerk reactions and sticking to our diversified allocations offered the best defense and offense.  If opportunity presents itself we will indulge. Otherwise we will stick to our guns and let events unfold as they may.

Have a Great Monday!

John Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

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Posted in Investing/Financial Planning, World Political

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US Government Shutdown…short note

Posted on October 1, 2013 by | Leave a comment

With a lot to say this week we will keep this short. Obviously the respective parties did not see our C’mon note last Friday. Various parts of the US Government shut down last night with political swords clashing.

It may seem weird that capital markets are not acting bad. The assumption at this time is this will be short-lived and we have been here before. The longer this goes on, the greater certain companies, industries and our economy will feel the pain. At least we are not overrunning our budget!

Markets WILL eventually throw a temper tantrum if this continues, which it looks like is what is going to need to happen for the swords to be dropped.

Buckle Up ! We are happily driving carefully, but potholes exist.

Watching Interest rates for problems….Ignore the noise….Next hurdle October 17, Debt Ceiling Day.

Have a Good Day!

John Kvale

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

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Posted in Economy, Investing/Financial Planning

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