The beginning of the year is always interesting as reallocation, inflows of capital and tax selling often drives the very early days of capital market and as of late fixed income investments.
They are out of the gate
This year, like last, the horses seem to be stumbling before they even get out of the gate. Oil prices continue to fall (tax break for many) pulling many with its’ tide.
Tell me exactly how a retail company does not benefit from lower oil prices ? Stumbling all together !
Have a good Day!
John A. Kvale CFA, CFP
http://www.street-cents.com
http://www.jkfinancialinc.com
8222 Douglas Ave # 590
Dallas, TX 75225
Smart or Silly Markets ? …. Football …
We are just not sure what happened at the beginning of the year….
After a record breaking negative start to the year ….all is better now…?
Small Company US Stocks Storm Back
The following chart of the Russell 2000 (Small US Company Stocks) is a show of fantastic resilience….
From top to bottom, that was a 28% drop… heck lets call it a 30% correction .. most of which has been recovered…. Wonder if this steep of a drop has occurred before without a clear crisis or recession ? Hey Donald the Brain… Can you let us know ?
Things getting better … “Smart Market“… or things no different… just a “Silly Market” ? Time will tell…
Football
Ok, so truth be known, football season has already started. A collegiate upset weekend occurred last weekend and the NFL first Thursday night game was last night…
Good Luck to all… be careful when traveling near working venues…. Enjoy the games !
Talk to you next week !
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 Economy, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments, World Political
Tagged Early Year Jitter, Early Year Jitters, Football Season, Russell 2000