Tag Archives: European Central Bank

Draghi Comes Through … Hollywood (The Brain) on Stage Next Week …. Travels

Mario Draghi, the European Central Bank President (think Janet Yellen of collection of European countries bound together forming the Euro) made a splash in his speech. Cleverly, he instituted Quantitative Easing (QE), asset purchases to spur the economies in an amount greater than a leaked level earlier in the week.

Markets applauded… now let’s show them the money !

Perception can become reality. The ECB wants growth, and will not stop until they get it …

A positive result would be good for the World economy!

Donald “The Brain” AKA Hollywood takes the stageDCHeadshot

Next week Donald gets to show his stuff in front of a terrific group of fellow advisors. In true Hollywood form (career is taking off) he has been asked to do a 30 minute video too !  Wow…  U Da Man! Well Done

Travels

The afore-mentioned event will take us both out of the office (not to worry, separate planes!) most of next week.  Thanks to technology and Cathy here on the ground we will not miss a beat.

Have a great Friday and enjoy your weekend.

John A. Kvale CFA, CFP

PS Tons to talk about.. trying not to overwhelm, but no promises…haha

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

 

Draghi throws cold Ice on Euro … New Videos … New Mug Shot (yikes!)

While only a partial week with the holiday shortened Monday, there were a lot of events that occurred.

Mario Draghi In the House

ECB (European Central Bank) Chief Mario Draghi announced more cowbell stimulus

  • EU Marginal Lending rate cut from .4 to .3%
  • EU Refinancing Rate from .15 to .05%
  • EU Bank Deposit rate from …. -.1 to -.2% … yes you read that correct, Negative

Care to guess when the announcement was made?

Euro USD

Recall, most countries like their currency being WEAKER as it makes exporting more competitive, although a headwind for imports.

Euro < 130 .. More to come ? Sure looks like it !

All New Helpful Videos

Given client continued usage of our web pages, this blog site, and new technology improvements … over the labor day weekend (yaya … boring for many, but fun for me) I recorded three videos that are our most common requests or confusion.

This will not be the last for sure, as they were fun to do, helpful, and useful to show future technology improvements.

Click Here for the New Pro Video Page

New Mug Shot in the Making

Mid week marks the first official new mug shot in over four years …. Wow, where did that grey come from … Oh well, after much prodding by Cathy (office manager) the coming D Magazine “Best Financial Planner” award will have an updated (or old dated ?? haha) new mug shot !

Have a Great Friday and a Super Weekend!

John A. Kvale CFA, CFP

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